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SK Telecom and Microsoft sign letter to jointly promote IoT business

May 13, 2019 / WILLIAM SMITH

Microsoft has announced the signing of a memorandum of understanding with South Korean wireless telecommunications company SK Telecom to promote their internet of things businesses. The memorandum covers areas such as 5G, artificial intelligence and cloud computing. Microsoft says they will use their expertise in these areas “to jointly promote Internet of Things (IoT) business including smart factory; AI technologies and services; media and entertainment services; and new ways of working for ICT companies under the SK Group umbrella.” The hope is that their joint efforts will drive the adoption of IoT technologies by other businesses. Jason Zander, the executive vice president of Azure, Microsoft, echoed this sentiment, saying that: “Through the strategic partnership with SK Telecom, we will play a key role in shaping the future and accelerating the digital transformation of the telecommunications industry with our world-class network and technology.”