As software and services become central to almost everything around us, demand for connected devices is growing at an exponential rate. With cellular IoT connections expected to pass the 6 billion mark by 2030 , driving massive volumes of traffic and managing these connections is becoming a top priority for OEMs and network operators alike.
As a result, the IoT Connectivity Management Platform (CMP) market has become a highly competitive segment, one that is set to heat up as device ecosystems mature.
Cubic Telecom is delighted to be recognised amongst market leaders by Counterpoint Research in its latest Global IoT CMP ranking report. Featuring alongside some of the biggest vendors in the global connectivity sector, Cubic Telecom was among 27 CMP providers evaluated.
The strength of Cubic’s analytics capabilities and our automotive sector expertise were particularly praised by the report’s authors.
Counterpoint Research is a global research and analysis firm with a focus on technology and telecommunication markets. It defines Connectivity Management Platforms as software solutions that allow businesses to manage the connectivity of their IoT devices, by providing a single interface for deploying, monitoring, and managing connectivity & networks, alongside tools for billing, troubleshooting and analytics.
This accolade follows on from the announcement of leading analyst firm IDC recently naming Cubic Telecom as a “Major Player” in its MarketScape for Worldwide Managed IoT Connectivity Services for 2023.
This recognition demonstrates that Cubic Telecom’s strategy is effectively delivering on our mission to remain the leading provider of managed connectivity for software defined vehicles on a global scale. Earlier this year we passed the significant milestone of connecting 15 million devices worldwide, and soon we will connect many more.
The transformation of the automotive industry is well underway thanks to the increasing influence of connectivity and software. As Counterpoint’s analysis shows, Cubic Telecom is uniquely positioned to support automotive OEMS with this transition and our technology will be instrumental in shaping the future of mobility and redefining the end-user experience.
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