Deutsche Telekom spins off IoT business
June 24, 2020
Deutsche Telekom is spinning off its IoT business into an independent company next month, and has unveiled plans to simplify the IoT with an open platform that brings together developers, operators, partners and suppliers.
With the spin-off, Deutsche Telekom aims to accelerate its market entry. Competitors in the IoT environment are particularly agile and have lean decision-making structures. The independent Deutsche Telekom IoT (DT IoT) is intended to strengthen Deutsche Telekom's position in this market.
"As an independent company, we are more agile and can better address the fast-moving IoT market,” said Rami Avidan, CEO of Deutsche Telekom IoT. “The newly founded DT IoT will have end-to-end responsibility for the entire IoT business at Deutsche Telekom.”
This open platform hub will form an IoT industry meeting place to make access and operation of an increasingly heterogeneous IoT ecosystem as simple and manageable as possible.
The industry environment aims to bring together the complete range of the most important elements that are essential for IoT – connectivity, devices, cloud services and data analysis.
Deutsche Telekom is not only relying on its own IoT offerings as it wants to simplify the setup and operation of individual IoT services and reduce the development time from individual products to market readiness.
"With the new hub for IoT we are exploiting the full potential of the internet of things," said Avidan. "The amalgamation of all IoT solutions into one framework provides a business environment that is unique to date. With this, Deutsche Telekom is establishing the world's first open IoT network and expanding its role from IoT player to IoT orchestrator."
The launch is planned for the second half of 2020. The IoT hub will be continuously expanded. Deutsche Telekom is inviting partners and customers to test the IoT environment.
During operation, standardised interfaces ensure uncomplicated communications with all important clouds, protocols and technologies. In other words, different IoT ecosystems can play together seamlessly. With this approach, data and applications from the devices are easily delivered to where they are needed on an integrated dashboard or directly into the systems and user interfaces. Logging on to different systems is no longer necessary.