|[May 19, 2014]
Thuraya and ViaSat Form M2M Partnership
DUBAI, United Arab Emirates --(Business Wire)--
Telecommunications Company, a leading Mobile Satellite Services
(MSS) operator and ViaSat (News - Alert) Inc. (NASDAQ:VSAT) have signed a partnership
agreement to develop and launch a dedicated Machine-to-Machine (M2M)
platform combined with M2M specific products and commercial packages.
Together, the companies will leverage their respective strengths to
create a highly competitive offer for the satellite M2M market. The
Thuraya (News - Alert)/ViaSat M2M solution will be a highly secure, end-to-end managed
service boasting a low Total Cost of Ownership (TCO) over the lifetime
of an M2M project. The M2M service is ideal for end-users across the
energy, utilities, logistics and enterprise sectors, among others.
M2M will be a key growth engine for satellite services in the next few
years. Thuraya and ViaSat have a vision for a faster and more secure
offering to address the higher-end requirements of the energy,
enterprise and military sectors.
ViaSat technology uses satellite bandwidth more efficiently to lower the
cost of ownership and enable advanced features for M2M applications,
including multicast and improved network security.
Randy Roberts, Vice President of Innovation at Thuraya, says, "Thuraya
recognizes that one of the key drivers of the Internet of Things (IoT)
is the growing adoption of M2M technology across industries. The
partnership with ViaSat will enable us to broaden our M2M product
portfolio, for both fixed and mobile applications, to better serve our
enterprise users' need for asset tracking and remote monitoring
services. The strategic partnership with ViaSat will address this
through a proven, highly secure, cost-effective and reliable M2M
platform to manage these processes effectively."
Phil Berry, Vice President, ViaSat MSS said, "Thuraya's dependable
satellite network infrastructure is the ideal platform for the Thuraya
ViaSat M2M network. That dependability is crucial when access to
connectivity has to be quickly established, even in remote locations, to
facilitate tracking, reporting, and monitoring."
The Thuraya ViaSat M2M service is planned for launch in early 2015. In
the meantime, the focus is on recruiting M2M application developers and
further augmenting distribution capabilities.
*Source (News - Alert): ME
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