San Francisco Bay Area based Clovity has partnered with Colorado based company EUCAST Global in a strategic move that will align the private network capabilities of EUCAST and their steadfast, reliable and low latency 5G/CBRS radio base stations with Clovity's highly capable IoT software platform. The end result is an 'IoT network in a box'. A fully deployable private network capability coupled with the software that can bring forward smart devices and aggregated data that is truly at the edge of a network.
"This new strategic partnership will re-shape how we go to market with many of our industrial and smart city clients as a start. We are already seeing the synergies in providing a turn-key solution that meets the needs of clients wanting to manage their smart devices remotely by placing them onto a network that is both secure and highly scalable. Our IoT software, called CSensorNet, reads data from these devices and can display analytics right from the network using our artificial intelligence and edge component of our IoT application."
Chief Strategy Officer, Chris Medina
Medina further commented that, "Clients are focused on security of their network and the devices that provide critical information. This is not just on the infrastructure but also data that can be used to make real time decisions and even facilitate machine learning. More and more companies are moving to Private Networks and deploying them to capture the CBRS spectrum as a cost savings compared to big telco infrastructure and costly cellular usage fees."
The global private 5G network market size was valued at USD 1.38 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 47.5% from 2022 to 2030 and the IoT market is expected to grow by USD 421.28 billion at a CAGR of 32.95% as per the latest market report by Technavio and Grandview researchers. The EUCAST and Clovity partnership seeks to capitalize on this and begin to revolutionize an already disruptive industry.
More About Clovity
Clovity is a San Francisco based IoT-as-a-Service platform provider powered by CSensorNet and Digital Transformation professional and managed services provider in IoT Digital, Cloud and Data who has earned the trust of top Fortune 500 Companies.
Our proprietary platform CSensorNet connects companies to their assets and the world of ‘things’ around them. We have engineered our solution to provide edge computing, artificial intelligence, cloud agnostic and network, coupled with powerful data analytics and data visualization. Our deployments provide IoT capabilities in days, not months, Clovity simplifies the deployment, management & operations of IoT solutions. We operate in several models of IoT deployment, most relevant is IoT-as-a-Service. By providing all hardware, software, and professional support all for a single monthly price. Our ‘service’ includes data analytics, 24x7 tech support, hardware replenishment or replacement, on-line customer portal and a team of engineers to ensure the solutions are future proof.
Whether on the forefront of working with our clients on 5G products for the next generation of Smart Cities or Smart Infrastructure, Smart Sustainable Buildings, Connected Healthcare, and Connected Spaces or developing new solutions for global Asset Tracking and Asset Management, our services can scale to meet any demand and in any vertical.
We are a supplier to the Federal Government, numerous Public sector organizations and Fortune to high growth technology companies. We are minority owned business enterprise and Diversified & Inclusive certified. Clovity was selected in the top quarter of all companies award on the 2021 Inc. 5000 list, 2020 “Emerging Company of the Year for the Enterprise Market” and again in 2021 as "Global IoT Innovation Vendor of the Year” by IoT Vendor Breakthrough Awards and in the “Top 50 IoT Enterprise growth companies” for 2018 & 2019 by CIO Review Magazine.