We are proud to have received the People’s Choice Award for ‘Best IoT Enabler’ at the MVNOs World Congress 2018, in recognition of our Cloud Core Network service. We are honoured to be recognised by our industry peers for the work that we are doing in the IoT service area. Here’s why we won;
- Our winning IoT Platform Service is a purpose-built core network with a comprehensive set of IoT specific capabilities, offered in an ‘as a service’ business model that tackles market challenges
- Managed through a comprehensive set of APIs, and with bundled global mobile connectivity, our offering allows IoT Service Providers to focus on their customers, whilst avoiding large initial investments and operational costs for the core network
With the IoT market experiencing rapid growth, traditional mobile operators, as well as new entrants are increasingly evaluating how to best position themselves to quickly meet demand and generate new revenue, whilst also trying to produce profit from an increasingly low ARPU business.
Together with increased interest from our customers, this MVNOs award is further validation that we have a service suited to meet the demands of many IoT Service Providers in the coming years. On attending the show, Petter Näslund, VP Product Management at Symsoft commented:
“As growth in many markets is stagnant or negative, operators are leaving no stone unturned in search of innovation to help them reduce costs and find new revenue opportunities. The emergence of cloud services and the ability to consume operator telco services ‘as a service’ addresses both of these aspects by reducing initial investments and by reducing time to market to a fraction of what it would be with the traditional approach of building infrastructure and services platforms. As the Symsoft Cloud Core Network is one of these new telco services offered ‘as a service’, we are immensely proud to be recognized as the Best IoT Enabler for 2018”