CoSwitched Launches M2M Service in Europe
LISBON -- Based in Lisbon, CoSwitched is a new Telecom startup that seeks to take advantage of the current vibe surrounding Internet of Things to offer a pan-European mobile virtual network.
CoSwitched announced today the soft launch of its service.
Launched to provide an easy way to manage your connected machines across Europe, CoSwitched connects machines to the Internet using GSM connectivity in more than 20 countries.
"IoT is the most existing and one of the fastest growing markets at the moment. Machines can be connected to the Internet using many technologies. Traditional operators and their partners dominate the GSM connectivity service, however times have changed. We truly believe that the industry lacks a different type of connectivity provider." said Bruno Duarte, Co-founder of CoSwitched, "CoSwitched aims to disrupt the market with a simple, affordable and no frills and no boundaries value proposition. We expect to have between 10 to 15 thousand GSM connections in the first year."
CoSwitched is a lean organisation with key partnerships and is focused on the essentials. As a result, CoSwitched will be the first affordable pan-European GSM connectivity provider for machines on the market. In addition, CoSwitched provides a state-of-the-art platform to manage and monitor the connectivity of the machines.