Pelion Poised to Transform IoT as Standalone Business
Pelion, the IoT connected device service provider, launched as an independent company and unveiled its new brand and enhanced offering today. As a wholly-owned subsidiary of Arm, Pelion delivers the technology and experience required to harness the potential of the IoT through its scalable, easy-to-deploy services, enabling customers to securely connect and manage devices over their lifetime.
"With key trends like 5G and edge AI enabling distributed intelligence, Pelion is entering its next phase of growth as a more agile, focused organization primed to help our customers to realize the transformative potential of the IoT," says Hima Mukkamala, CEO, Pelion. "This is an exciting milestone for the business, bringing together a team with a deep heritage of device, security and network expertise. We will work with our established customer base and mature partner network as we continue on our mission to simplify the full device journey and provide a robust, secure foundation for IoT innovation."
The IoT presents a significant opportunity: Gartner (News - Alert) indicates that between 2019 and 2024, the enterprise IoT Platforms Market will grow by 31%*, and Connectivity Management Platforms will demonstrate a CAGR of 21.6%**. However, organizations need help navigating the complexity of deploying devices at scale, from designing devices to connecting, securing and monitoring those deployments throughout the device life cycle.
Pelion is uniquely positioned to help enterprises realize scaled device connectivity with an agnostic approach that enables IoT for any device regardless of OS, network and application. This is combined with close industry partnerships that span the full IoT value chain from silicon vendors and device makers to system integrators, independent software vendors (ISVs), mobile network operators and platform vendors. Pelion's Connected Device Platform brings together the connectivity and management capabilities needed for scalable deployments, delivering unified operations management for the full device journey. It is designed to facilitate scalable, secure deployments quickly and without complication, supporting both managed and unmanaged connectivity, and deployable across diverse system and device architectures.
*Forecast Analysis: Enterprise IoT Platforms, Worldwide, Gartner, 2020
** Researchandmarkets.com, 2020, The Global M2M/IoT Communications Market
Pelion was originally founded as an incubation unit within Arm, the world's leading designer of key technologies at the heart of computing. Now a wholly owned subsidiary of Arm, Pelion is forging its own path in the IoT revolution, building upon a solid foundation of connectivity and device expertise and a 500-enterprise strong customer base. With a unique combination of global IoT connectivity and device management from a single vendor, Pelion breaks down barriers to IoT adoption for anyone looking to transform their industry.
Customer and Partner Quotes
'Unlocking the value of IoT at this massive scale requires a collaborative team effort, and Hexing looks forward to continuing our partnership with Pelion and building a rich and diverse ecosystem.'
-Zhou Liangzhang, Chairman, Hexing
"Working with Pelion solves the challenges of operating a global footprint, with the flexibility of any device, any data, any network, and any cloud. ?They are really delivering on the promise of future proofing IoT for our customers. IoT is a very dynamic environment, and we must team with an agile organization that can move at the same pace. Here at Tangerine, we're thrilled to be partnering with Pelion."
-Sunija Rishi, Co-Founder & COO, Tangerine.
"In a post-COVID environment, we see increased interest worldwide, with many new opportunities in Hong Kong, Saudi Arabia, and Dubai, among many others. As we've expanded and scaled-out, Pelion has proven to "be the perfect partner, enabling our devices with genuinely global connectivity, empowering us to innovate and push into new markets. Rapid development and deployment are essential for our success; the sooner one of our products is on the wall, the quicker it generates value. Our experience has been so good that we wish we'd connected with Pelion sooner, and that's why we're so pleased to be partnering with Pelion now, at this critical phase of their evolution."
-Syed Ahmed, Founder & MD, SAVORTEX.
"Teaming with Pelion on multiple levels, as we do, gives us tremendous insight into their strengths and passion towards IoT and cybersecurity. Together we're delivering solutions for mission-critical industries to achieve highly secured and manageable connected device fleets. We are excited to be working with Pelion as they embark on this new phase of their evolution and explore all the possibilities that our two organizations - both inspired through innovation to our cores - can deliver together to the market."
-Aleksandr Värä, Head of Industrial Internet Security, Nixu Cybersecurity
"IoT is at a crucial stage of transition, and for SoftBank Corp., working with the right partners has never been more vital. SoftBank Corp. has been collaborating with Pelion for some time on several projects, and we're delighted to continue the partnership as Pelion begins this next exciting phase of its evolution. SoftBank Corp.'s goal is to be the benchmark for inspired IoT, and partnering with an agile, dynamic organization such as Pelion helps us deliver this."
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