Singapore-based IoT (Internet of Things) startup W-Locate has partnered with Indian telecom giant Tata Communications in a bid to expand the former’s global footprint across APAC (Asia Pacific) markets. As per the terms of the alliance, W-Locate will be leveraging Tata’s private cloud and IoT capabilities along with its local network to penetrate markets in Taiwan, Thailand, South Korea and other Asian countries.
According to W-Locate, organizations of all shapes and sizes are leveraging the power of IoT to gain a competitive advantage. They believe that with this alliance they can reduce Capex by a hefty 35% by leveraging Tata’s global network.
W-Locate say that this partnership allows them to integrate their XimLoc and FIND (Fleet Intelligence Dynamics) solutions with Tata’s MOVE and IZO private cloud platforms. They say that with the Tata MOVE platform, W-Locate will not have to negotiate with local MNOs (Mobile Network Operators) whereas, with IZO private cloud, they can store all XimLoc and FIND data and scale it as per demand.
Speaking about the alliance, Stevie Ooi, Founder and CEO, W-Locate, commented:
We’re a fast-moving start-up, and we want to work with like-minded businesses to accelerate our growth. The Tata Communications MOVE™ platform helps us do just that, and offer borderless connectivity to our customers in new markets.
We estimate that working with a single global IoT partner like Tata Communications will help reduce our capex by 35% while giving us the agility we need to stay ahead in this constantly changing industry.
Tata Communications say that they are delighted to partner with an energetic start-up such as W-Locate. They believe that this alliance will help W-Locate save a lot of infrastructural costs and penetrate APAC market with ease.
Explaining this, Anthony Bartolo, Chief Product Officer, Tata Communications said:
Through the ubiquitous nature of the Tata Communications MOVE™ platform, businesses like W-Locate are able to give their global customers the secure and seamless IoT experiences they expect – without making huge investments in their own infrastructure in new markets.