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Wednesday, July 24, 2024

Kaleido and GTC Announce New Joint Venture to Support IoT Businesses Worldwide

Kaleido Intelligence, a leader in IoT market intelligence, and Global Telco Consult (GTC), experts in managed services and consultancy, are delighted to announce a landmark joint venture aimed at helping IoT businesses scale and succeed. This collaboration marks a pivotal step towards the future of IoT.

This strategic alliance merges Kaleido’s state-of-the-art intelligence services with GTC’s managed services and consultancy expertise. Together, they aim to provide customers with a comprehensive understanding of the IoT market and deliver actionable growth strategies. As trusted and independent leaders in the IoT ecosystem, this partnership offers a seamless blend of strengths to benefit clients.

James Lasbrey, GTC’s Chief Strategy Officer, commented on the joint venture: “GTC and Kaleido are a natural fit as we combine intelligence with our managed services around productisation, positioning, and M&A. We will launch joint services in the coming weeks and months, and the beauty is that we have all the components in place today. The three-year joint venture will enable your tomorrow around scaling IoT and means that our customers can work with us to build and deliver their growth strategy.”

Jon King, Chief Commercial Officer at Kaleido Intelligence, added: “GTC’s proven experience in M&A due diligence perfectly aligns with Kaleido’s unrivalled knowledge of the cellular IoT connectivity growth opportunities and player landscape. We’re excited to launch this new offering, enabling firms with the best due diligence offerings for M&A activity.”

The joint venture will take a global approach, uniting the teams to work closely with Mobile Network Operators (MNOs), Mobile Virtual Network Operators (MVNOs), platform providers, and enterprises. The initial three-year agreement focuses on launching joint services that will educate and empower IoT businesses, ensuring they have the tools and knowledge needed to thrive in a competitive landscape.

We look forward to unveiling our joint services in the coming weeks and months. This partnership will deliver innovative solutions that enable IoT businesses to build and execute their growth strategies effectively.

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