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SoftBank, Aeris Establish Joint Venture in Japan

Companies to expand IoT, telematics business globally

Jul 14, 2016   11:22 IST 
New Delhi, Delhi, India

SoftBank Corp. and Aeris, a pioneer and leader in the Internet of Things (IoT) market, have established a joint venture in Japan, known as Aeris Japan K.K., to provide IoT and telematics services globally using the Aeris® IoT solutions platform.

 

The Aeris IoT solutions platformis a comprehensive, end-to-end and provenset of key technologies that enable enterprises to bring IoT solutions to market quickly, cost-efficiently and with the highest security. The platform consists of AerPort™ connectivity management platform, AerCloud™ applications enablement platform, AerCore™ IoT network and AerVoyance™ IoT analytics platform. With more than 7.5 million devices under management, Aeris is one of the largest IoT service providers in the world and hundreds of enterprises rely on Aeris every day to power their mission-critical IoT deployments.

 

Working closely with the SoftBank, Aeris will expand itsbusiness in Japan and beyond, including India, Europe and the United States, covering multiple market segments and offeringa variety of services ranging froman IoT connectivity platform to IoT application middleware to complete IoT solutions for market segments including telematics in the automotive industry.

 

Key Highlights/Facts

  • Machina Research predicts IoT will account for one quarter of the global 41 million 5G connections in 2024.Japan and Korea will lead the charge and embedded factory-fit connected cars will be the biggest IoT application, according to Machina Research.

  • Japan will lead the Asia-Pacific region’s market growth forindustrial IoT, which is expected to be worth $54 billion by 2020, according totech research firm Technavio.

  • Aeris offers proven software and innovative IoT capabilities with more than 7.5 million IoT devices under its management and processesmore than one billion transactions per day.

  • Aeris also deliversend-to-end IoT technology platform, which enables faster time-to-market for enterprises.Security is a priority for Aeris, which offers enterprises and mobile network operatorsanend-to-end solution ranging from connectivity servicesto data analytics and applications.

  • Aeris offers a comprehensive telematics solution for automotive original equipment manufacturers (OEMs) including a full suite of driver, dealer and OEM services.

  • Aeris Japan will be headquartered in Higashi-Shimbashi Minato-ku, Tokyo, and led by executives from SoftBank and Aeris including Hiroshi Akabori, COO, and Raj Kanaya, CEO, respectively.

 

CLICK TO TWEET:SoftBank (@SoftBank)&Aeris (@AerisM2M) form JV in #Japan for #InternetofThings, #telematics business | #IoT #M2M http://go.aeris.com/aerisjapan-pr

 

Supporting Quotes

  • Hiroshi Akabori, COO, Aeris Japan, andvice president, SoftBank

"With the high quality of technology and business platform that Aeris and SoftBank have in IoT domain, we will develop and offer the services through Aeris Japan to meet customers' needs that are growing in its variety and in its quality. By having Aeris as our partner, we are excited to create the world where everything is connected with the offer of best and flexible solutions to multiple business areas.”

 

  • Raj Kanaya, CEO, Aeris Japan, and chief marketing officer and managing director, automotive, Aeris

“With Aeris Japan, SoftBank and Aeris are collaborating to seize a huge opportunity in the fast-growing Internet of Thingsand telematics market in Japan. The combination of SoftBank and Aeris offers a compelling value proposition to automotive OEMs and other enterprises that seek to build profitable IoT and telematics businesses. Working closely with SoftBank, we look forward to building Aeris Japan into an IoT market leader.”

 

  • Dr. Rishi Bhatnagar, president, Aeris India

“Aeris in India is enabling telecom operators and enterprises to jumpstart Internet of Things services through an integrated end-to-end IoT solution that covers key components, such as IoT platform, vertical applications and a robust IoT ecosystem. The cementing of business relationships with Aeris and SoftBank as a joint venture in Japan brings huge possibilities of collaboration in the IoT space on the Indian shores. SoftBank already provides high quality ICT services in India. We see mutual synergies for both the companies here as well and excited to work at the global and local front.”

 

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For more information about Aeris’ news and activities, follow the company via Twitter, LinkedIn, Google+, Facebook, Instagram, and YouTube.

 

About the SoftBank Corp.

SoftBank Corp. is a global technology player that aspires to drive the Information Revolution by supporting disruptive entrepreneurs. SoftBank Corp. is comprised of the holding company SoftBank Group Corp. (TOKYO:9984) and its global portfolio of companies, which includes advanced telecommunications, media and Internet services, robotics and clean energy technology providers.

 

To learn more, please visit www.softbank.com.

 

About Aeris

Aeris is a pioneer and leader in the market of the Internet of Things – as an operator of end-to-end IoT and machine-to-machine (M2M) services and as a technology provider enabling other operators to build profitable IoT businesses. Among our customers are the most demanding users of IoT services today, including Hyundai, Acura, Rand McNally, Leica, and Sprint. Through our technology platform and dedicated IoT and M2M services, we strive to fundamentally improve their businesses – by dramatically reducing costs, improving operational efficiency, reducing time-to-market, and enabling new revenue streams.


Media Contact Details
Kevin Petschow
Aeris
+1.312.985.9182
Anika Wadhwa
Six Degrees
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