1oT announces the launch of its global self-service based platform called 1oT Terminal at Mobile World Congress (MWC) in Barcelona, held on 27 Feb - 2 Mar 2017. The platform is addressed to small and medium-sized startups to help them scale worldwide and deploy cellular connectivity with ease. The launch will take place at MWC - the world's largest exhibition for the mobile industry.
IoT marks a shift in how technology is used, consisting of connected vehicles as well as consumer and industrial electronics. Normally, smart devices are considered useful only in making certain processes more efficient and saving money, but according to Märt Kroodo, the co-founder and CEO of 1oT, the change is much more fundamental: "When we make the devices around us smart, have them communicate with each other and make decisions, we are creating a platform for the creation of unprecedented services and products. 1oT is helping carry out that revolution in the world."
Mobi Solutions, having previously founded the internationally successful mobile payment service provider Fortumo, co-founded 1oT in 2016. The service offers a hassle-free worldwide cellular connectivity solution to Internet of Things (IoT) devices. 1oT service brings the 2G, 3G, and 4G data services of several mobile operators to a single service platform and enables smart device makers (OEMs) worldwide network access for their devices. Thereby, 1oT provides smart device makers with a SIM card that is tailored for IoT devices, can be controlled through API and works worldwide. Thus far, the growth of smart device mobile data services has been hindered by device makers having to conclude separate contracts with mobile operators in every country or region, or being forced to use expensive roaming services.