Ooredoo Group Recognised as Key Player in IoT
Transforma Insights’ Report highlights Ooredoo’s significant strides in the IoT sector
17 September 2024
Doha, Qatar
Ooredoo Group was recognised as a key player in IoT by leading global analyst firm, Tranforma Insights, in their prestigious "Communications Service Provider (CSP) IoT Peer Benchmarking Report 2024". This accolade distinguishes Ooredoo as the sole telecommunications company within its operational footprint to be featured in the report.
Transforma Insights emphasise Ooredoo’s significant strides in the IoT sector, highlighting that the company manages 5 million IoT connections across its footprint, with a large base in the GCC and South-East Asia. The report underscores Ooredoo’s robust IoT infrastructure, which includes deployments of NB-IoT in Qatar, Kuwait, Oman, Tunisia and Indonesia, and LTE-M in Qatar.
Ooredoo’s advancements in the IoT landscape present significant growth opportunities and suggest a promising potential for revenue growth and market expansion. This recognition positions the company as a preferred partner for reputed international customers, including manufacturers of connected devices and vehicles, creating opportunities for global Original Equipment Manufacturers (OEMs) seeking reliable partnerships within Ooredoo’s footprint.
Najib Khan, Group Chief Business Services Officer, Ooredoo, said: "Our strategic investments in IoT and 5G technologies are creating new business opportunities and reinforcing our position as a key partner for digital transformation in the region. We are honoured to be recognised by Transforma Insights as a leading player in the IoT sector. This acknowledgment is a testament to our commitment to innovation and excellence in providing top-tier IoT solutions."
According to the Transforma Insights report, Ooredoo's membership in the IoT World Alliance, which began in August 2023, has already led to several significant deals supporting IoT connections within its footprint. This collaboration enhances Ooredoo's capability to provide localised connectivity solutions, a critical advantage given the increasing regulatory limitations on permanent roaming across many countries in the region.
The report also highlights Ooredoo’s efforts in developing vertical solutions for various industries. These include a focus on sectors such as oil & gas, ports, and airports, where Ooredoo has proactively positioned its IoT solutions through strategic partnerships with leading technology providers. Additionally, Ooredoo’s “IoT Connect SIM” and “IoT Connect Smart Control” offerings provide comprehensive value-added features, such as enhanced security protocols and real-time data analytics, ensuring secure and efficient IoT connectivity for businesses.
For customers, particularly in the B2B sector, Ooredoo’s inclusion in the Transforma Insights report reinforces its credibility as a provider of cutting-edge IoT solutions, demonstrating Ooredoo’s capability to deliver reliable, scalable, and innovative digital solutions tailored to meet their specific needs.
Najib Khan added: “As Ooredoo continues to enhance its IoT infrastructure and expand its service offerings, it remains dedicated to driving digital transformation across its operations. The company's strategic initiatives and technological advancements are paving the way for a smarter, more connected future.”
-END–
About Ooredoo
Ooredoo is an international communications company operating across the Middle East, North Africa, and Southeast Asia. Serving consumers and businesses in 9 countries, Ooredoo delivers leading data experience through a broad range of content and services via its advanced, data-centric mobile and fixed networks.
Ooredoo generated revenues of QAR 23 billion as of 31 December 2023. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.