KORE (NYSE: KORE), a world chief in Web of Issues (IoT) options and worldwide IoT Connectivity-as-a-Service (“CaaS”), in the present day introduced its safe eSIM resolution, OmniSIM™ SAFE, has been chosen as a winner of the “M2M Product of the 12 months” by IoT Breakthrough.
The OmniSIM SAFE resolution pairs the worldwide zero-touch provisioning capabilities of eSIM with industry-standard safety design that enables for device-level safety – an revolutionary new method that meets the challenges of worldwide, carrier-agnostic, safe connectivity for IoT use circumstances.
With OmniSIM SAFE, which is part of a full eSIM suite from KORE, the GSMA IoT SAFE customary supplies chip-to-cloud safety, streamlining the power to put safety on the forefront of options.
“With eSIM adoption on the rise, KORE is happy to fulfill what is anticipated to be big buyer demand with an award-winning product. We first launched our IoT SAFE SIM working with Power Internet, a nonprofit group that builds working programs for power grids. Power Internet leveraged OmniSIM SAFE as a {hardware} pockets anchored to an open-source, publicly accessible blockchain powered by Power Internet. We’re proud to say that that is the world’s first eSIM-enabled safe knowledge alternate for good grid gamers. This has the potential to develop into a high-growth use case as extra good power grid utilities, operators, and good metropolis gamers discover a easy and customary blueprint to fulfill the wants of future grid and power demand.”
Romil Bahl, President and CEO of KORE Wi-fi
That is the seventh annual IoT Breakthrough Awards program carried out by IoT Breakthrough, a number one market intelligence group that acknowledges the highest firms, applied sciences, and merchandise in in the present day’s international IoT market. The IoT Breakthrough Awards program goals to acknowledge innovators, leaders and visionaries from across the globe in a spread of IoT classes, together with Industrial and Enterprise IoT, Sensible Metropolis know-how, Linked House and House Automation, Linked Automotive, and plenty of extra. This yr’s program attracted greater than 4,000 nominations from firms everywhere in the world.
“Whereas the advantages of eSIM for IoT are plentiful, two key challenges embrace delivering safe international connectivity and guaranteeing future efficiency. The know-how behind eSIM will probably be a key driver in making IoT a extra attainable objective for organizations and enterprises by mitigating a few of these challenges in IoT connectivity. With international, future-proofed IoT connectivity that’s know-how agnostic and supplies community entry worldwide, the KORE OmniSIM meets the challenges of IoT connectivity – each globally and guaranteeing connectivity for the lifetime of a tool. Congratulations to the whole KORE group on successful the ‘M2M Product of the 12 months’ award.”
James Johnson, managing director at IoT Breakthrough
About IoT Breakthrough
A part of the Tech Breakthrough, a number one market intelligence and recognition platform for international know-how innovation and management, the IoT Breakthrough Awards program is dedicated to honoring excellence in Web-of-Issues applied sciences, providers, firms and merchandise. The IoT Breakthrough Awards program supplies a discussion board for public recognition across the achievements of IoT firms and merchandise in classes together with Linked House and House Automation, Linked Automotive, Industrial IoT (IIoT) and Sensible Metropolis, Shopper IoT and extra. For extra data go to IoTBreakthrough.com.
Cautionary Be aware on Ahead-Wanting Statements
This press launch contains sure statements that aren’t historic info however are forward-looking statements for functions of the secure harbor provisions below the US Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements usually are accompanied by phrases equivalent to “imagine,” might,” “will,” “estimate,” “proceed,” “anticipate,” “intend,” “count on,” “ought to,” “would,” “plan,” “predict,” “potential,” “appear,” “search,” “future,” “outlook,” and comparable expressions that predict or point out future occasions or traits or that aren’t statements of historic issues. These forward-looking statements embrace, however aren’t restricted to, statements relating to KORE’s future services or products choices, projections of market alternative and circumstances, and associated expectations. These statements are primarily based on varied assumptions and on the present expectations of KORE’s administration. These forward-looking statements are supplied for illustrative functions solely and aren’t meant to function and should not be relied on by any investor or different particular person as, a assure, an assurance, a prediction or a definitive assertion of reality or likelihood. Precise occasions and circumstances are tough or unimaginable to foretell and can differ from assumptions. Many precise occasions and circumstances are past the management of KORE. These forward-looking statements are topic to a lot of dangers and uncertainties, together with common financial, monetary, authorized, political and enterprise circumstances and adjustments in home and overseas markets; the potential results of COVID-19; dangers associated to the rollout of KORE’s enterprise and the timing of anticipated enterprise milestones; dangers referring to the mixing of KORE’s acquired firms, adjustments within the assumptions underlying KORE’s expectations relating to its future enterprise; the results of competitors on KORE’s future enterprise; and the end result of judicial proceedings to which KORE is, or might develop into a celebration. If the dangers materialize or assumptions show incorrect, precise outcomes may differ materially from the outcomes implied by these forward-looking statements. There could also be extra dangers that KORE presently doesn’t know or that KORE at present believes are immaterial that might additionally trigger precise outcomes to vary materially from these contained within the forward-looking statements. As well as, forward-looking statements replicate KORE’s expectations, plans or forecasts of future occasions and views as of the date of this press launch. KORE anticipates that subsequent occasions and developments will trigger these assessments to vary. Nevertheless, whereas KORE might elect to replace these forward-looking statements sooner or later sooner or later, KORE particularly disclaims any obligation to take action. These forward-looking statements shouldn’t be relied upon as representing KORE’s assessments as of any date subsequent to the date of this press launch. Accordingly, undue reliance shouldn’t be positioned upon the forward-looking statements.
