IoT or the Internet of Things is a fast-growing sector that is expected to reach a value of $1256.1B (nearly €1060.6B) by 2025. One of the notable players in the field is moving forward by forging new partnerships and expanding its services. The Lithuanian IoT hardware manufacturer Teltonika Networks has announced its partnership with Amsterdam-based smart home and managed Wi-Fi company Gamgee.
The fellowship of increased connectivity
Under the newly formed alliance, the two companies, Teltonika and Gamgee, will target to launch new smart home and managed wireless services. These devices and services will be developed by Gamgee and powered by Teltonika Networks products and the setup will include 4G LTE, Wi-Fi, Bluetooth, and GPS connectivity. This partnership is for expanding the companies’ capacities to offer managed Wi-Fi and smart network services to more consumers and business customers across multiple technology platforms.