3 Oct 2017 09:30
RNS REACH
Telit Communications PLC
Telit partners with Wind River, an Intel company
London, 3 October 2017 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), today announced that Wind River®, an Intel® company, is utilizing Telit's IoT platform technology for its device management platform. Through the partnership, the companies are reducing the complexities of IoT device management.
Wind River's technology makes it easier for companies to capture data on-premise or in the cloud, providing enhanced system analytics and remote device management across infrastructure market segments including aerospace, defense, industrial, medical, networking, and transportation.
Telit's deviceWISE platform offers a set of connectivity management, device management, data management, edge, cloud and enterprise ready-to-use connectors and services that reduce the risk and time-to-market of connecting 'things to apps,' by collecting, managing, and analysing critical device data.
Yosi Fait, Interim CEO at Telit, said:
"Through this collaboration with Wind River, we will be able to offer a ready-built platform for developing and deploying device-to-cloud IoT solutions allowing customers to digitally transform their businesses.
"Partnerships are 'the oxygen' of our business and we believe this is the beginning of a successful relationship. We look forward to working with Wind River on future solutions and strategic initiatives."
Keith Shea, General Manager of Helix IoT Solutions at Wind River, said:
"Wind River's collaboration with Telit will accelerate the delivery of IIoT solutions to the global market, a testament to the true value of the ecosystem.
"Together we are addressing the industry needs of our customers who know IoT solutions are no longer optional, but required to increase the competitiveness of their products and services."
Enquiries:
Telit Communications PLC Shir Stopper, Investor Relations | Tel: +972 3 7914000 |
finnCap (Nomad and joint broker) Henrik Persson/Giles Rolls (corporate finance) Tim Redfern/Richard Chambers (corporate broking) | Tel: +44 20 7220 0500 |
Berenberg (Joint Broker) Chris Bowman/Mark Whitmore/Ben Wright | Tel: +44 20 3465 2722 |
Instinctif Partners | Tel: +44 20 7457 2020 |
Adrian Duffield/Chantal Woolcock |
About Telit
Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement. The company offers the industry's broadest portfolio of integrated products and services for end-to-end IoT deployments - including cellular communication modules in all technologies, GNSS, Wi-Fi, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.