Kore joins Ericsson’s global IoT platform to simplify enterprise deployments
The Ericsson IoT Accelerator platform has more than 8,500 onboarded enterprises and more than 90 million IoT connections
IoT solutions provider Kore announced today that it has joined the Ericsson IoT Accelerator ecosystem, which the companies claim will simplify global IoT deployments by enabling more control and visibility of devices and providing real-time analytics, a common interface and set of APIs, as well as a secure, dedicated IoT core network.
The Ericsson IoT Accelerator is a global IoT platform that aims to deliver an easier and more reliable path for enterprises to scale their IoT business from a single platform, Ericsson states on their website. The platform currently has more than 8,500 onboarded enterprises and more than 90 million IoT connections.
“We are delighted to welcome Kore as the latest service provider partner in our growing IoT ecosystem, extending the reach of our IoT Accelerator platform into the United States,” said Kyle Okamoto, Ericsson IoT general manager. “Enterprises will continue to have access to unparalleled IoT connectivity coverage and the capabilities of Ericsson’s IoT Accelerator, which is already trusted by more than 8,500 enterprises around the world to manage over 90 million connected devices.”
The partnership allows enterprises to leverage Kore’s U.S. coverage in combination with Ericsson’s IoT deployment capabilities to “realize new revenue streams, reach new market segments and create a sustainable global business,” said the companies.
“When two industry-leading companies work together, innovation is the natural result,” commented Kore President and CEO Romil Bahl. “This alliance ensures that enterprises not only have connectivity in every corner of the world, but also a variety and choice. Our joint customers will enjoy a seamless experience built on a foundation of reliable customer and technology support that bolsters their ability to solve IoT deployment complexity.”
Kore went public last year, an announcement that was coupled with Bahl predicting a big decade ahead for IoT; the company expects to see the market grow from about 12 billion IoT devices at the end of 2020 to 75 billion by 2030. At the time, Bahl said the transition to a public company will reduce Kore’s debt, open up potential acquisitions that add to its capabilities, and enable it to grow faster.