Aeris Joins 5G Open Innovation Lab as a Technology Partner to Help Drive Early Adoption and Innovation of 5G Technology

~Aeris will provide IoT technical consulting to Seattle-based Lab to support 5G-related app development~

SAN JOSE, SEATTLE AND DELHI-NCR, May 20, 2020 – Aeris, a technology leader in the Internet of Things (IoT),  announced today that it has joined the newly launched, Seattle-based, 5G Open Innovation Lab, an ecosystem for developers, enterprises, carriers and technology leaders, focused on helping startups utilize 5G to develop new capabilities, use cases and market categories.

Aeris will share its deep technical knowledge, developed over 20+ years of experience deploying complex IoT programs for Fortune 500 companies, with Lab members looking to develop IoT applications and use cases employing 5G technology.  The company will work closely with the Lab’s founding partners, including Intel, T-Mobile, and other partners, to help entrepreneurs and developers gain access to engineering, technology and industry insights that will enable the startup community.

“We’re delighted to be an inaugural technology partner with the 5G Open Innovation Lab, working with the Lab as a mentor and technical advisor,” said Syed Zaeem Hosain, co-founder and CTO of Aeris.  “Aeris has already been active in supporting the low power LTE-M, WAN portion of 5G, enabling services like propane tank capacity monitoring, smart metering, and smart homes.  Near term, these low-usage applications will be one of the drivers in expanding the use and deployment of 5G. But over the longer term, we expect significant growth to come from high-usage, low-latency applications such as autonomous cars and virtual reality.  We look forward to working with the Lab on future applications incorporating IoT and 5G and to further realizing its potential.”

Unique to the Lab’s approach is its focus on unifying an independent ecosystem by bringing together technology, financial and community partners and forward-thinking customers from industries such as media and entertainment, transportation, oil and gas, manufacturing, healthcare and retail.

“The 5G OI Lab is an extraordinary opportunity for developers to work directly with technology and business leaders to design and bring to life their vision and dreams for new 5G applications,” said Jim Brisimitzis, Managing Partner of the 5G OI Lab.  “This is not just any startup program. We are building a true partner ecosystem that will bring knowledge, resources and capital together to change the world in profound ways.”

Aeris signs multi-year strategic IoT Technology Partnership with ÆON Credit Service India for their Car Finance Business

New Delhi, 26 February 2020: Aeris Communications, a preferred Internet of Things (IoT) technology partner for enterprises, today announced a multi-year strategic partnership spanning four years with ÆON Credit Service India. As part of this partnership, Aeris will deploy IoT devices capabilities to help ÆON Credit Service India build a sustainable business portfolio in the auto finance segment. ÆON India aims to grow its portfolio by expanding its product line by venturing into commercial car financing. Aeris has been chosen as the trusted IoT partner for building sustainable service portfolio for car financing as the company is already helping auto financiers and lending companies in asset protection and proactive credit default detection to reduce repossession costs related losses.

Commenting on the partnership, Mr Ranjeet Koul, Vice President and Country Manager APAC & MEA at Aeris Communications, said, “About 90% of all commercial vehicles sold in India are bought with loans. The repossession losses for commercial vehicles have been as high as 15-20% over the last year. We are glad to partner with ÆON Credit Service India and look forward to a value-driven collaboration. This partnership is fully aligned with our mission to bring sustainable business solutions for our auto finance clients which improves their business profitability and enhances customer management” 

The Indian CV market is undergoing precedented changes due to heavy regulatory policies, changes in customer preferences, increasing adoption of technology, and digitalization. Proliferation of network and mobile phones is also aiding traceability and accessibility of vehicles that have led to the adoption of connected business solutions. To capitalize the opportunities prevalent in the sector, ÆON Credit Service India plans to grow its footprint and portfolio in the country.  The collaboration will help ÆON Credit Service India become one of the key players in the segment by using IoT device capability. Aeris will enable them to evangelize and embark on their growth trajectory thereby achieving the business goals. ÆON is an early entrant in India and Aeris will assist them in ensuring the sustainability of the auto financing portfolio with its IoT device management capabilities. 

Mr. Daisuke Maeda, MD ÆON Credit Service India Pvt. Ltd. said “We are really glad to start our new financing services for commercial cars equipped with Aeris IoT devices. The purpose is to provide service to customers who were unable to access financing service due to lack of credit. We will be providing credit secured by a mechanism designed with Aeris team. We will try to create economic rationality and build a sustainable business model which will help to resolve the social issues such as unemployment.” 

Aeris has created unique IoT ecosystem for enterprises, financial sector, original equipment manufacturers (OEMs), technologists, system integrators and solution providers across many vertical sectors. It also empowers organizations to optimize human intervention and attain real-time remote monitoring of machines, equipment, and other assets along with predictive and preventive maintenance of various products and assets within enterprises.

Aeris recognized by Frost & Sullivan as IoT Platform of the Year for the second time

NEW DELHI, India, June 25, 2019 -- Aeris Communications, a pioneer in the Internet of Things (IoT) and M2M technologies, today announced that it has been conferred the prestigious 2019 Frost & Sullivan India ICT Award for “IoT Platform Vendor of the Year”, for the second year in a row. Benchmarked against the highest standards in the industry by the analysts, the award recipients represent the best-in-class.

Aeris is being recognized for its demonstrated leadership in the space of new product introduction and innovation, remarkable achievement in enabling its customers to attain their business transformation with outstanding efforts towards customer experience, growth goals, breadth of products and solutions and its service value, major customer acquisitions and customer service experience as well as revenue growth through its innovative Aeris® IoT Platform. The IoT Platform from Aeris has been serving as the cornerstone for diverse IoT projects across the world. In the last three years, it has been gathering traction in the Indian market with projects as diverse as electronic mobility, insurance and finance, logistics, connected vehicles, utilities, smart cities, smart manufacturing and even connected solutions for agriculture.

Frost & Sullivan Awards is a global program that recognizes outstanding industry achievements by companies across the world. The 17^thyear of Frost & Sullivan’s India ICT Awards lauded companies for their exceptional growth and market strategies, product development abilities, competitive advancement skills, technology innovation, dedicated customer focus and achieving landmarks to deliver business outcomes using Digital and Disruptive technologies in the Indian market. The award jury included reputed business and technology stalwarts from the industry who selected the award winners based on a unique 3 staged, structured, metrics-based evaluation process.

CLICK TO TWEET: Aeris (@AerisM2M) earns 2019 #Internetofthings Platform of the Year #award in #India from @Frost_Sullivan. #IoT #AerisIoT http://www.aeris.com/news/

Supporting Quotes

• Dr. Rishi Bhatnagar, President, Aeris Indi
  “We are delighted to be recognized as the “IoT Platform Vendor of the Year 2019”. This Award for me is truly the recognition of Aeris India growth strategy, employee efforts and is yet another inspiration towards bringing rightly sized IoT solutions to the Indian market.”

About Aeris

Aeris is a technology partner with a proven history of helping companies unlock value through IoT. We strive to fundamentally improve businesses by dramatically reducing costs, accelerating time-to-market, and enabling new revenue streams. Built from the ground up for IoT and road tested at scale, the Aeris Intelligent IoT Network is based on the broadest technology stack in the industry, including the Aeris Connectivity Platform (ACP) and the Aeris Mobility Platform (AMP), spanning connectivity up to vertical solutions for things that move. At Aeris, we believe that if you focus on the customer, you gain a competitive edge by delivering an experience that surpasses your competitors and fulfills all customer expectations. We know that implementing an IoT solution can be complex, and we pride ourselves on making it simpler.