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Sierra Wireless Partners with Amdocs to Simplify Adoption of Private Networks
Friday, June 23, 2023Company Profile | Follow Company
Richmond, BC, June 21, 2023--(T-Net)--Sierra Wireless, a subsidiary of Semtech Corporation (Nasdaq: SMTC) and world-leading IoT solutions provider, today announced it has partnered with leading software and services provider Amdocs, to provide customers a complete solution that reduces the complexity of designing, deploying, managing and servicing a private cellular network.
Customers are increasingly looking to private networks to provide high-reliability coverage, increased security, and better flexibility for their applications.
According to a recent report by analyst firm Counterpoint Research, the global LTE/5G private networks infrastructure market will increase from approximately $2.5 billion in revenue at the end of 2022 to reach $21.8 billion at the end of 2030, representing a CAGR of 30.7% over the forecast period.
This collaboration taps into this growing market while providing an integrated and cost-effective solution for customers to create a resilient, modern private network which includes Sierra's leading portfolio of IoT routers and modules, as well as the company's software and service solutions to provide increased coverage and enhanced security for private 4G and 5G networks.
In addition, it provides customers with global band support and the ability to create future-proofed, tailored private networking solutions that fit their needs. The two companies are also partnering with Athonet, a leading provider of mobile core networks, to provide a spectrum agnostic evolved packet core (EPC) to serve mission-critical private network applications.
"Interest in private networking is exploding as more organizations realize the opportunity and benefits of having increased coverage, security and flexibility for their mission and business critical applications," said Grant Kyle, head of strategic partnerships, Sierra Wireless. "Partnering with Amdocs, our goal is to simplify implementation by bringing a tested and complete end-to-end solution to market. This makes it easier for enterprises to adopt and build private networks quickly across key industries."
Sierra and Amdocs are working together to drive channel sales initiatives, reduce overall complexity and provide a scalable network-as-a-service for enterprise customers within the Anterix 900Mhz, CBRS and 5G standalone (SA) global markets. Key industries include utilities, governments, transportation, smart cities, robotics and smart warehousing.
"Private networks will increasingly deliver secure, reliable connectivity to a wide variety of enterprises and consumers. Therefore, we are pleased to bring our portfolio of network capabilities - including the design, deployment and operation of private networks - to this collaboration with Sierra Wireless," said Anthony Goonetilleke, Amdocs group president of technology and head of strategy. "Across the RAN, core, security and applications, we leverage our deep network expertise to help accelerate time-to-market for innovative connected experiences that meet the scalability, performance and security requirements of enterprises around the world."
"We have seen the demand for private networks increase tremendously over the past couple of years as enterprises see the business benefits of cellular adoption," said Simon O'Donnell, president of Athonet USA. "By partnering with Sierra Wireless, we're helping businesses capitalize on these benefits with proven, secure solutions including Athonet's 5G Core."
Included as part of this complete solution are Sierra Wireless' AirLink XR Series routers, purpose-built for advanced mission and business-critical applications. These routers now support full spectrum CBRS LTE and Private 5G non-standalone (NSA) / standalone (SA) bands, enabling customers to take full advantage of the power of 5G's higher data speeds, lower latency and higher device capacity for their next-generation private networking applications.
Sierra Wireless and Amdocs will host a webinar on July 12, 2023 to share more about how to utilize, design and build a world-class private network for your organization. Register here to attend.
About Sierra Wireless
Sierra Wireless (a subsidiary of Semtech Corporation) is a world leading IoT solutions provider that combines devices, network services, and software to unlock value in the connected economy. Companies globally are adopting 4G, 5G, and LPWA solutions to improve operational efficiency, create better customer experiences, improve their business models, and create new revenue streams. Sierra Wireless works with its customers to develop the right industry-specific solution for their IoT deployments, whether this is an integrated solution to help connect edge devices to the cloud, a software/API service to manage processes with billions of connected assets, or a platform to extract real-time data to improve business decisions. With more than 25 years of cellular IoT experience, Sierra Wireless is the global partner customers trust to deliver them their next IoT solution.
"Sierra Wireless" is a registered trademark of Sierra Wireless, Inc. Other product or service names mentioned herein may be the trademarks of their respective owners. Forward Looking Statements This press release contains forward-looking statements. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations but involve risks and uncertainties. These statements may relate to, among other things: plans and timing for the introduction or enhancement of our products and services, future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans that are not historical fact. [ MORE ] |
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Sierra Wireless (a Semtech Company)
Richmond, BC (Wireless)
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