SqwidNet and Discovery unite on IOT drive
SqwidNet and Discovery unite on IOT drive
Discovery Insure, a subsidiary of Discovery Limited, has concluded a partnership with SqwidNet, the Sigfox Operator in South Africa.
SqwidNet says "South Africa sits on the edge of the fourth industrial revolution" and the company wants to focus on developing relationships that are designed to ignite digital transformation and foster ongoing innovation.
Phathizwe Malinga, Managing Director at SqwidNet, said, "This is an opportunity for us to cement our commitment to driving innovation through IOT in South Africa."
According to a statement released by SqwidNet, its open access ecosystem has created inventive solutions that have addressed and overcome significant local challenges.
As the exclusive network operator of Sigfox in South Africa, SqwidNet has engaged with the Discovery Insure team and its partner Cambridge Mobile Telematics to use Sigfox technology to enhance and innovate on their IOT offerings.
"Discovery is excited to be partnering with SqwidNet and the opportunities this presents us with," said Ilan Ossin, Head of Telematics for Discovery Insure. "As a data-driven business who uses this information to change behaviour and reward clients for improving the way they drive, the LPWA networks and more specifically Sigfox through its local deployment with SqwidNet will be important for us to expand our telematics and technology offerings in the insurance space."
The partners believe the alliance is proof that the uptake of IOT is accelerating in South Africa, with an end-to-end ecosystem of specialist providers that can help with more sustainable solutions to customers.
"Digital transformation needs to be achieved using various technologies, and LPWANs help business become more data-driven. LPWAN connects more assets to the Internet, especially remote and non-powered assets, for improved business insights and real-time alerts," SqwidNet continues.
Ludovic Le Moan, Founder, and CEO at Sigfox, said, "We are very excited about these projects with Discovery that reflect our commitment to foster adoption and the creation of new IOT-related use cases in South Africa. We are at the cusp of a technological revolution with limitless applications. We are delighted to be playing a pivotal role alongside SqwidNet in driving adoption across South Africa, as reflected by the signing of this major contract with Discovery."
Malinga added, "Through embracing IOT, Discovery Insure will be able to augment their signatory solutions and bring new solutions to the market, providing their clients with even more value."