Crescent (formerly Option) is a company operating as an end-to-end IoT solutions integrator. It is organized into 3 business units: Crescent Solutions, Crescent Lighting, and Crescent Services. The Crescent Solutions business unit develops and manufactures IoT components and solutions. The Crescent Lighting business unit develops and produces public lighting products based on LED technology. The Crescent Services business unit provides managed, cloud, and infrastructure services. The company caters to retail, IT, transportation, smart home, smart city, telematics, security, and other markets.