Targeted at small and medium-sized startups, 1oT will be launching its global self-service based platform called 1oT Terminal at the ongoing Mobile World Congress. 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. Since early 2016, 1oT has expanded its coverage to 100 countries across the world and been developing its platform side-by-side with few global clients only. Currently, the service is being used by thousands of smart devices located mainly in Central Europe and Asia.
The self-service platform to be launched enables IoT startups to order & set up 1oT SIMs with a click of a button, and control its cellular connectivity features from one management or API platform. The solution is tailored for IoT startups that are operating in many countries and regions at once.
Looking ahead, 1oT is dedicated to be one of the first in the world to offer eSIM solutions in addition to ordinary SIM cards. It is estimated that within 2-3 years, most smart devices will be connected to the network through eSIM cards. Additionally, the company is closely monitoring the development of NB-IoT and LTE-M network technologies.