Tata Communications has acquired a 58.1% equity stake in embedded-SIM tech provider, Oasis Smart SIM Europe. Oasis will now be integrated with the company’s IoT solution platform for businesses MOVE. The combined entity will serve the mobility needs of enterprises and device manufacturers. eSIMs facilitate cellular connectivity for IoT and M2M apps, offering the ability to connect with multiple mobile network operators.
Tata Communications is witnessing an exponential rise in demand for IoT workplace solutions from the manufacturing sector. The company expects that the service sector will soon follow the trend. There is also a demand for enabling IoT for facility and vehicle tracking for monitoring and control. Demand for IoT solutions, before COVID-19 outbreak, was 100 to 200 devices from an organisation, but now it’s going beyond thousands of devices.
1. Tata Comm served 150+ clients with their cutting-edge WFH solutions, amid pandemic. 2. The firm is facing challenges in converting pipelined deals. 3. With robust, secure and scalable engineering methods, they can withstand competition. 4. FY21 will be more productive for E-commerce, collaboration. 5. 50%-60% staff will WFH even after normalisation. 6. They have not received a revised demand from SC after providing certificates and proofs for a paid basis.