Amsterdam – November 19, 2020 – Beyond Now, a digital platform solution provider, and IoT.nxt, a leading Internet of Things (IoT) platform and hardware provider, today announced they have partnered to help Communications Service Providers (CSPs) launch and monetize new vertical offerings at speed and at scale. By integrating Beyond Now’s digital marketplace solution with IoT.nxt software and vertical solutions, the partnership will enable CSPs to sell, provision, abstract data and monetize a growing number of 5G/IoT solutions.
With 72.8% of CSPs believing most of their 5G revenues will come from B2B segments according to a recent study, it is imperative that CSPs will serve enterprises and SMBs with vertical solutions integrating connectivity with IoT and Edge technologies. But the challenge is, that often CSPs do not know where to begin. This partnership was created to provide the launch pad to help CSPs close that gap, giving them the confidence to move up the value chain and start selling 5G, IoT and Edge-led solutions to enterprises and SMBs with ease, speed and confidence.
Using the Beyond Now digital marketplace solution, CSPs can sell and monetize new, attractive, integrated, easy-to-buy, easy-to-consume solutions. IoT.nxt’s out-of-the-box and configurable vast vertical use cases library, with its intelligent field gateway Raptor™ and its Commander platform, then furnishes CSPs and their enterprise customers with hundreds of end-to-end use cases that, along with connectivity, are ready to be developed, buy, resell and consume.
The marrying of Beyond Now and IoT.nxt’s capabilities include:
“By combining IoT.nxt’s solution with Beyond Now's digital marketplace, we provide CSPs with the agility to move quicker and act faster."
Angus Ward, CEO, Beyond Now
"This has never been more important as we know that currently, only one in five early enterprise 5G deals are CSP-led. Added to the fact that connectivity will only account for 5% of the total IoT revenue opportunity by 2025, CSPs must take action and deliver solutions that the enterprise is demanding that are simple to buy, fast to implement and simple to consume. We believe this partnership will give them both the tools and the confidence to achieve this. IoT.nxt’s unique portfolio of use cases and their ability to abstract data at the edge or in the cloud, combined with our Digital Marketplace solution is truly a winning formula,” said Angus Ward, CEO, Beyond Now.
“Whether in transportation, manufacturing, customer service or consumer business, IoT is everywhere and enabling a world of new opportunities and uses cases. CSPs understand the potential revenue streams that IoT can make possible but struggle to take the risk. To help them overcome this challenge and capitalize on the vertical opportunities in front of them, partnering with Beyond Now and combining our horizontal digital fabric with their digital platform capabilities was the perfect way to do that.”
Nico Steyn, co-founder and CEO, IoT.nxt
- ENDS -
IoT.nxt’s unique technology stack bridges the gap between all protocols in the industrial ecosystem, creating a single integration/translation point. Its patented RaptorTM gateway allows organizations to retrofit all existing legacy systems with no rip and replace. A powerful data abstraction model further translates anything and everything from the edge, supporting a true subscription based big data model. IoT.nxt has won multiple awards, including the enterprise solution category and overall award in the MTN Business IoT Award 2017, South Africa. The IoT.nxt head office is based in South Africa and it operates offices in The Hague, The Netherlands. Texas, USA and London, UK.
Beyond Now is a fast-growing ecosystem orchestration and digital platform provider, powering organizations to launch new services at speed and grow revenue by utilizing our digital platform and SaaS BSS.
Our platforms are designed to help businesses experiment, monetize and orchestrate services while taking advantage of new technologies such as cloud, IoT, AI, 5G and more. We enable organizations to co-create solutions with a growing network of partners; bringing them closer to their customers, helping them drive higher efficiency and automation, and becoming more agile in the face of competition.
We serve customers across Asia-Pacific, Europe, Middle East, Africa and the Americas, spanning industries from telecommunications, media and entertainment, to tech and IT, financial, and automotive.