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With an eye on expansion, KORE procures ASPIDER-NGI
By CIO Applications Europe | Friday, May 17, 2019
FREMONT, CA: The advent of the Internet of Things (IoT) and automation in Field Service Management (FSM) means that executives need to look no further than connected, intelligent devices for collating their inestimable data. The spur in demand has ensured a growing client base for KORE and a need for expansion. To strengthen its bid as the pioneer of independent IoT solution provider, KORE recently announced that it had acquired ASPIDER-NGI, a leading provider of connectivity solutions, core network and eSIM capabilities. Through this acquisition, KORE has managed to strengthen its base in Europe and the Asia-Pacific region.
Talking about the acquisition, KORE President and Chief Executive Officer Romil Bahl said "we are excited to announce our acquisition of ASPIDER-NGI and for Jan Mooijman and his team to join KORE. KORE's deep IoT knowledge, experience and global reach in providing multiple connectivity services options across multiple geographic regions, together with ASPIDER-NGI's talented team and innovative technology in core network managed services, security, and IoT solutions – including eSIM – will provide increased connectivity control and enable our customers to benefit from unmatched IoT capabilities and differentiated, next-generation solutions and services."
CIO Review has covered KORE under the 'Top 10 Field Service providers 2019' as well as the 'Top 10 Field Consulting Companies 2019'. Although KORE is connectivity-based, over the years, it has developed a vast array of tools to provide comprehensive solutions from concept, to deployment to management. The newly acquired ASPIDER-NGI, which includes infrastructure for mobile access, applications, and connectivity services by using core network and value-added services, will add to KORE's capabilities to emerge as a trusted brand.
The demand for IoT technology is growing, and enterprises are scouting for simplified means of incorporating it into their systems. Expertise in the field of IoT gets limited due to a shortage of qualified and skilled workforce which explains the requirement of firms like KORE that works as an independent IoT solution provider, adviser, and a provider of pro-services, devices, connectivity and hardware components to companies of all sizes with great expertise.
KORE began operating 15 years ago with foresight that other companies lacked back then. While other companies were coming to market with connectivity plans and devices, KORE launched the Mobile virtual network operator (MVNO), delivering services required by IoT providers. "A lot of companies are struggling to identify how they move their customers from using the clipboard to a fully digitalized ecosystem. This is where KORE becomes the aggregator and helps customers with their IoT devices' connectivity demands," states Sunder Somasundaram, the SVP of pre-sales and solution engineering of KORE to highlight the importance of the services provided by the company.