Tata Communications has acquired majority equity stake of 58.1% in Oasis Smart SIM Europe SAS, a France-headquartered embedded-SIM (eSIM) technology provider.
Oasis develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies. With this investment, eSIM technology will be fully integrated into Tata Communications MOVETM, enabling an end-to-end embedded connectivity solution and strengthening Tata Communications MOVE as a single source platform for global enterprise mobility needs.
Tata Communications will drive and accelerate product roadmap R&D with Oasis, leveraging and amplifying the growth in the mobility and IoT markets.
With this investment, the company says it will deliver an enhanced full-service enterprise mobility solution to customers through complete access and management of the eSIM and software layer.
Oasis has the right mix of technology expertise, agility as well as exceptional talent. Through this investment, we will focus on the software layer of the Tata Communications MOVE portfolio and drive further innovation in eSIM technology through product roadmap R&D.
Recently, Tata Communications, together with Micron, announced a worldwide cellular-enabled connectivity solution to simplify and accelerate large-scale global deployment of IoT devices. The solution leverages Oasis Velios-As-A-Service, the worlds first cloud-based eSIM for IoT devices offering a scalable, on-demand and secure SIM deployment on the IoT ecosystem. With this technology, the Tata Communications MOVE Global IoT Solution will offer a pervasive, end-to-end solution for zero-touch onboarding of connected IoT devices to cloud services, globally. This combined solution will deliver highly scalable IoT security, seamless global connectivity, on-demand cellular enabled subscription and pay-as-you-go flexibility for customers. Forecasts predict that by 2025 there will be two billion shipped eSIM-enabled devices. eSIMs facilitate secure, reliable, and cost-efficient cellular connectivity for IoT and M2M applications. They enable significant ease of use with remote provisioning and the ability to connect with multiple mobile network operators, making subscription management easier for the end-users, with an added layer of security. Embedding mobile connectivity into a wide range of devices creates a significant opportunity for OEMs serving multiple markets, to expand their services and leverage the full potential of IoT. This investment strengthens Tata Communications ability to offer enterprises global solutions with a local experience and simplified management.
Tri Pham, chief strategy officer, Tata Communications
Enterprises are increasingly relying on mobile devices to operate and access data in the cloud. This coupled with the rise in the number of M2M connections globally show that there is immense opportunity in the eSIM market.
Olivier Leroux, CEO, Oasis
With Tata Communications MOVE, enterprise customers have access to a secure, complete end-to-end mobility platform. They gain independence, flexibility and greater control of their mobility requirements, as they look to leverage IoT and M2M solutions to transform their business.
