Sigfox enters into a strategic partnership with a national player in the telecom industry to cover the largest economy in the Nordics – Sweden is the 32nd country to deploy Sigfox’s network, supporting its global ambition to reach 60 countries by 2018.
LABEGE, France, STOCKHOLM, Sweden, February 27th, 2017 – Today, Sigfox, the world’s leading provider of a global communication solution powering the Internet of Things (IoT), and its partner IoT SWEDEN announced the roll-out of the Sigfox network in Sweden. IoT SWEDEN will deploy and operate Sigfox’s network nationwide and distribute the IoT connectivity services and solutions to its partner channels.
The deal is a strategic move to expand to a market that is still largely untapped, but presents tremendous opportunities, both for business and consumers. The expansion of the Swedish IoT market has been hampered by the absence of dedicated communication technologies that make business sense, from financial and quality of service standpoints. The Sigfox IoT network operated by IoT Sweden will address the shortcomings by offering nationwide coverage and commercial availability by 2018.
IoT SWEDEN will target applications across all vertical markets, with an initial focus on asset tracking, predictive maintenance, logistics and security. IoT SWEDEN will work closely with channel partners to take solutions to the market.
Global scalability, cost and energy consumption have been the three greatest barriers to IoT mass adoption. Sigfox entered the global IoT market to break down these barriers. Rather than using existing technologies, Sigfox has taken a unique approach. The company is rolling out the first global IoT network to listen to billions of objects broadcasting data, without the need to establish and maintain network connections. This game-changing shift, that drastically reduces energy consumption and costs, will fuel the IoT mass market deployment.
The Sigfox network now spans across 32 countries and boasts a footprint in some of the largest economies in every continent. With 12 countries already covered nationwide, 20 others being rolled out and new countries being added to the list at a rapid pace, Sigfox is by far the world’s largest IoT network. Sigfox plans to have coverage in 60 countries by 2018.
Rodolphe Baronnet-Frugès, Executive Vice President Operators at Sigfox, said: “We’re very excited about this partnership with IoT SWEDEN. This move marks yet another key milestone towards Sigfox’s vision of a global IoT network and in its expansion into the Nordic region. We are looking forward to collaborating with our Sigfox operator to help the Swedish vibrant innovation ecosystem to seamlessly scale IoT solutions wherever the Sigfox network is present in the world.”
Lars Enström, IoT SWEDEN’s Chief Strategy Officer, said, “Our nationwide Sigfox network together with our partners IoT applications and devices, are the fundament of our strategic intent to enable a digital world in which innovation and meaningful connectivity thrive. By working closely with our existing and new partners we believe that the connectivity proposition that we will be taking to market will be leveraged for the strength and technological prowess that Sigfox enables”.
IoT SWEDEN plans to operate today in close cooperation with Sigfox operators in Denmark, Finland, Estonia, and tomorrow with other Nordic and Baltic countries, creating a market of more than 33 million potential IoT consumers. This will enable IoT Sweden partners to benefit from Sigfox’s unique connectivity solution, which is optimized for simple, mass-IoT applications where predictable low energy consumption, ultra-low cost and non-roaming coverage are required.
About IoT SWEDEN
IoT SWEDEN is the exclusive Sigfox operator for Sweden. IoT SWEDEN is an Internet of Things (IoT) company founded by IoT experts who share the same passion and expertise: connecting things to improve business processes and people’s lives. IoT SWEDEN are backed by Swedish high-tech financial investors. Opening the Sigfox network in Sweden aims at empowering Sweden’s Internet of Things with Sigfox world-leading LPWAN connectivity as well as building a full ecosystem of IoT solutions & services to enable the non-connected to connect, increase productivity, accelerate decision making, improve quality of service, or simply solve problems in an economic & connected manner.
