In an effort to bring global connectivity to consumer electronics and industrial Internet of Things (IoT) devices, Tata Communications on Thursday joined hands with Taiwan's largest mobile network operator Chunghwa Telecom.
As part of this partnership, Chunghwa Telecom will tap into additional revenues by connecting IoT devices through Tata Communications' "MOVE-IoT Connect" platform.
The "MOVE-IoT Connect" allows IoT devices to be deployed quickly both locally and internationally by leveraging Tata Communications' ecosystem of mobile network operators worldwide.
"Our aim is to generate millions of subscriptions from IoT devices in the next three years, and our work with Tata Communications will help us fulfil this ambition," said Ming-Shih Chen, President of Mobile Business Group, Chunghwa Telecom.
"Tata Communications' 'MOVE' will give our customers' IoT services borderless network coverage across 200 countries, ensuring a consistently high-quality and reliable user experience," he added.
The Taiwanese electronics industry output is expected to be worth USD 228 billion in 2018 and the wearables market grew at double digits in both volume and value terms in 2017.
One of Chunghwa Telecom's first Tata Communications' "MOVE-IoT Connect" customers is TaiDoc, which manufactures premium medical devices to improve people's health and the quality of life.
TaiDoc will use "MOVE-IoT Connect" to extend the reach of its devices seamlessly to countries such as China, Thailand and the US.
"We're excited to work with Chunghwa Telecom and other leading mobile network operators around the world to build a truly global ecosystem of connectivity, and spur IoT adoption by businesses worldwide," said Anthony Bartolo, Chief Product Officer, Tata Communications.
According to the IDC, the worldwide installed base of IoT endpoints will grow from 20 billion by the end of 2018 to more than 82 billion in 2025.
"Each of those devices requires connectivity to enable exchange of data and successful management and security.
The advent of 5G is expected to serve as a boon for cellular, which will grow to represent 20.6 per cent of total connections by the end of 2025," noted Hugh Ujhazy, Associate Vice President, Telecom & IoT Practice Lead, IDC Asia/Pacific. – Business Standard