Pareteum Corporation (fka TEUM)

[Quintessence]

More news: Infusion of Mesh Technology into Powerful Internet of Things (IoT) Generating Lucrative Market Opportunities

http://www.prnewswire.co.uk/news-releases/infusion-of-mesh-technology-into-powerful-internet-of-things-iot-generating-lucrative-market-680927981.html

PALM BEACH, Florida, April 26, 2018 /PRNewswire/ --
MarketNewsUpdates.com News Commentary

The Internet of Things (IoT) market is set to explode behind advancements of mesh technology, which is aiding developers in creating methods for enhanced connections between multiple devices. According to data from Dallas Startup Week 2018, the global IoT market is set to reach $11 trillion within two years as more than 50 billion devices could be connected in that timeframe. The key concept behind Internet of Things (IoT) meshing is to enable connected things while mesh networking is emerging as an attractive option for a wide range of low-power, low-data-rate IoT applications. As this market continues to explode, innovators are racing to maximize mesh technology to corner their share of the market on the upswing. Active companies in the markets this week include Gopher Protocol Inc. (OTC: GOPH), Pareteum Corporation (NYSE: TEUM), Intel Corporation (NASDAQ: INTC), NVIDIA Corporation (NASDAQ: NVDA), Advanced Micro Devices Inc. (NASDAQ: AMD).

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Pareteum Corporation (NYSE: TEUM) and iPass, Inc. (NASDAQ: IPAS), a leading provider of global mobile connectivity, announced recently the creation of a strategic partnership for collaboration in sales and marketing, and the development of new products and services that will address a broad range of mobility challenges. Mobile operators, enterprises and IoT providers are increasingly experiencing mobile data security risks, competitive cost and mobile carrier friction for end users that includes the lack of globally pervasive affordable Wi-Fi offload and connectivity for IoT devices.