Dublin mobile technology company Asavie has signed a lucrative deal with a subsidiary of telecoms player Telenor to roll out a software-defined network solution that will enable the carrier to rapidly deploy machine-to-machine systems.
Telenor Connexion, a wholly owned subsidiary of Telenor Group deploys M2M solutions for large businesses including Volvo, Hitachi Construction Machinery and Scania, enabling them to wirelessly connect products and services.
The global M2M market is widely predicted to grow to 50 billion SIM cards by 2020.
Carriers will also want to accelerate time-to-value for new services by quickly monetising new service offerings.
“Asavie’s smart M2M Connect solution complements our existing connectivity offering as it provides us with increased flexibility and opportunities for new business models”, said Rickard Widerberg, VP of Product Marketing at Telenor Connexion.
“With it we can accelerate our customer’s time to market and set up a dedicated and secure communication without using traditional VPN.”
Targeting 1bn subscribers
Through global carriers and M2M ecosystem partners Asavie’s M2M solution is targeted at over 1bn subscribers in the US, EMEA and Asian markets.
“Demand for connected business processes that shorten cycle times, increase quality and reduce costs requires a flexible, scalable and reliable solution that is easy to deploy,” said Ralph Shaw, CEO, Asavie Technologies.
“We are delighted that market-leading providers like Telenor Connexion are choosing M2M Connect to enable a new connected world.”
SIM card image via Shutterstock