Pareteum Wins New Business in Asia, Indian Subcontinent

Pareteum Wins New Business in Asia, Indian Subcontinent

By Paula Bernier

Pareteum will provide its Global Cloud Services Platform to an established enterprise integrator and MSP in Asia and the Indian Subcontinent. The company declined to name the new customer, with which it has a new three-year contract.

The contract calls for Pareteum to be paid monthly and on a per device basis for all endpoints managed by the platform. Pareteum will also receive payment for wireless connectivity.

The GCSP will enable the client to manage global wireless devices. In addition, it will provide a single platform through which to do all provisioning, monitoring, and management of applications and connectivity.

"This opens up a whole new market sector for us as the companies that provide IT outsourcing and managed service to enterprises push deeper into the Internet of Things industry,” says Pareteum CEO Vic Bozzo. “As our tools enable them to create more efficient enterprises, we see the opportunity to help them use the power of the cloud to scale exponentially. This contract is opening Pareteum to the unlimited potential created by the wireless device universe."

Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum stated, "Pareteum's overarching strategies, which are centered on open mobility and applications networks, globally, are now further supported by this ecosystem addition, which enables the virtual elimination of geographic boundaries. Delivery of our award-winning services is now aimed from around the globe to this South Asia region, with over 200 million people. We expect our mission of wireless everywhere, and, on demand, plus smart cities and enterprise business models, to quickly scale in this region."

According to Statista, the global revenue business process outsourcing and information technology outsourcing amounted to around 88.9 billion U.S. dollars in 2017.




Edited by Maurice Nagle
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

Executive Editor, TMC

SHARE THIS ARTICLE
Related Articles

LogMeIn Rescue, to the Rescue: Forrester Studies GoTo's Support Capabilities

By: Alex Passett    9/22/2023

Over a period of three years, a Forrester Total Economic Impact (TEI) study examined the business and financial benefits of LogMeIn Rescue, a flagship…

Read More

Canadian Managed IT Services Gear Up for Cybersecurity Awareness Month

By: Contributing Writer    9/22/2023

October, prominently known as Cybersecurity Awareness Month, is an annual observance and an intensified rally for Canada's premier IT service provider…

Read More

ITEXPO Exhibitor RingLogix Looks to TeamMate to Open New Possibilities for MSPs

By: Greg Tavarez    9/21/2023

The RingLogix and TeamMate collaboration enables MSPs to get the most out of Microsoft Teams as a collaboration solution.

Read More

Acronis Introduces Advanced Automation for MSPs

By: Stefania Viscusi    9/21/2023

Acronis Advanced Automation addresses a common challenge faced by MSPs, the increasing complexities businesses face with so many different initiatives…

Read More

Comprehensive Cybersecurity Solutions: Rackspace Taps Palo Alto Networks

By: Alex Passett    9/20/2023

Strengthening organizations' abilities to stay ahead of progressively evolving cyber threats and attackers is key. That's why Rackspace Technology has…

Read More