Telit acquires Thales’ cellular IoT products to establish Telit Cinterion

Telit is acquiring Thale’s portfolio of cellular IoT products to establish a combined firm called Telit Cinterion.

Paolo Dal Pino, CEO of Telit, said: “Innovation, scale and efficient IoT solutions are key for success. This transaction with Thales is arguably the most impactful one for Telit competitiveness.

“While it will boost our ability to address customer needs more precisely from a richer portfolio, it will also enable us to deliver all-new offerings derived...

Inmarsat ELEVATE packages everything needed to accelerate IoT growth

Inmarsat has launched ELEVATE, a programme consisting of three critical pillars to accelerate IoT growth.

According to Omdia, the number of global satellite IoT connections is set to continue growing at a 25 percent CAGR. Inmarsat intends to support and further accelerate this rapid growth.

“The satellite IoT market has been steadily growing for years – and now is the time to up the ante and kickstart its next stage of more rapid growth. Inmarsat ELEVATE will help...

Inmarsat: IoT to overtake cloud computing as primary Industry 4.0 technology

Research from Inmarsat has found that investment in the IoT is set to overtake cloud computing and other digital transformation technologies.

The IoT can hardly be considered an “emerging technology” anymore. Between 2017 and 2020, IoT investments account for an average of 7 percent of an organisation’s IT budget. Over the next three years, businesses expect to increase their IoT budgets to 10 percent.

Here’s how that compares to planned investment in other...