[SatNews] ...wireless Machine-to-Machine (M2M) products to key vertical markets including energy, health care, manufacturing, security, traffic systems, railway and marine.
NetComm Wireless Limited (ASX: NTC) announced a distribution agreement with SPHINX Computer Vertriebs GmbH, a Pan-European distributor for data-communication, to deliver a range of wireless Machine-to-Machine (M2M) products to key vertical markets including energy, health care, manufacturing, security, traffic systems, railway and marine.
The new collaboration will strengthen NetComm Wireless' position in the region and stimulate further M2M market growth through the delivery of innovative open source M2M devices designed to offer seamless connectivity and global interoperability. With Europe's cellular M2M connections expected to grow from 6.8 percent of total mobile connections today to 20.4 percent by 2020, the agreement represents a significant opportunity for NetComm Wireless.
"Partnering with SPHINX presents an exciting opportunity for NetComm Wireless to expand its reach and to play a key role in the mass uptake of M2M across Europe. SPHINX is a leading supplier of data communication products to the majority of Europe's markets and we look forward to delivering leading-edge products designed to make a significant impact, particularly in terms of connectivity, accessibility and versatility," said David Stewart, CEO and Managing Director, NetComm Wireless.
"NetComm Wireless is a world renowned innovator of wireless M2M devices and we are pleased to introduce this market-leading technology to customers as market demand for simple and flexible open source M2M products escalates. NetComm Wireless' M2M devices will unlock the market opportunity in areas such as energy, health care, public infrastructure, retail and manufacturing," said Chris Hardy, S-Connect UK Sales Manager, responsible for the NetComm brand inside the SPHINX Group.
 GSMA Intelligence. Cellular M2M forecasts and assumptions: 2010-2020. September 2014.