ARM spins out its Pelion IoT business
Pelion was initially an IoT incubation unit within ARM and will remain a wholly-owned subsidiary for the moment. It was spun out as part of the proposed $40bn sale of ARM to Nvidia.
“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,” said Hima Mukkamala, CEO of 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 company was set up as a management platform to support devices in the Internet of Things (IoT) using ARM hardware designs and embedded software, particularly in China. The company offers a free IoT 50Mbyte multi-format SIM that provides free connectivity for 60 days to build, connect, test and bring a an IoT project to market using 4G LTE/3G/CAT-M networks across North America as well as global coverage.
Market researcher Gartner indicates that between 2019 and 2024, the enterprise IoT Platforms Market will grow by 31 percent, and Connectivity Management Platforms will demonstrate a CAGR of 21.6 percent. 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.
“In a post-COVID environment, we see increased interest worldwide, with many new opportunities in Hong Kong, Saudi Arabia, and Dubai, among many others,” said Syed Ahmed, Founder & MD of Savortex. “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.”
Pelion says it is agnostic with respect to the operating system, network and application, working with silicon vendors and device makers as well as 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 support scalable, secure deployments quickly and without complication, supporting both managed and unmanaged connectivity, and deployable across diverse system and device architectures.
It currently has 500 customers for its Connectivity Management platform. “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,” said Zhou Liangzhang, Chairman of Hexing in China.
“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,” Sunija Rishi, Co-Founder & COO of Tangerine.
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