2019 was a banner year for KORE, highlighted by the announcement of KORE One, SecurityPro, and ConnectivityPro, as well as our recent acquisition of Integron. So let’s continue the good news with a deper dive into our recent announcement that Gartner has positioned KORE as a Leader in the Magic Quadrant for Managed IoT Connectivity Services, Worldwide!
Since our inception more than 15 years ago, KORE has tirelessly pursued leadership in the growing IoT market. Today we celebrate our success not just as the only MVNO in the Leaders Quadrant, but also for outranking some of the most respected global network operators in Gartner’s Ability to Execute axis.
Magic Quadrant analysts Pablo Arriandiaga, Eric Goodness, Leif-Olof Wallin, and Jonathan Davenport authored the report, noting that our strong partnerships with hardware providers and network carriers allow us to scale in a unique way. Because of this, we are able to pass operational efficiencies and cost savings onto our customers.
The Gartner team further commented on our strong customer ratings, specifically in the areas of technology expertise on a device-specific level. They also noted that we have a competitively large number of certified and tested IoT connectivity modules available to our customers.
Finally, the authors noted our growing footprint and geographic diversity of our customer and partner base. KORE realized 34 percent growth from year-end 2017 to the second half of 2019, currently supporting 11.8 million managed IoT connections.
Through our ongoing technology investments, our deep IoT knowledge, and our unique ability to accelerate business outcomes, KORE has set a new bar of excellence in IoT. We look forward to continuing our momentum in 2020. Stay tuned for an exciting year ahead!
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