This funding is intended to help Neul further develop its ‘Network as a Service’ (NaaS) for network operators, to enable them to deliver IoT services starting in 2014 and to cost-optimise the endpoints and base station devices over which it is delivered.
Stan Boland, Neul’s CEO commented: “Much is promised from the Internet of Things but the missing piece has been a simple low-cost WAN connectivity solution that can finally link future endpoints to applications in the cloud. Many of the possible applications are today forced into using Wi-Fi, GPRS, mesh or 3G connectivity.
“For multiple different reasons, none of these is ideal and most of the world’s IoT potential remains unrealised. Fortunately, as an industry, we’re no longer discussing why a new wide-area network solution is required to address the Internet of Things but how and when this can be delivered. Weightless™is the answer and you’ll see what we mean as 2014 progresses,” said Boland.
Stan Boland: The missing piece has been a simple low-cost WAN connectivity solution
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