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