Everynet, a Low Power Wide Area (LPWA) technology provider and network operator, has announced a new business model called “Everywhere,” designed to drive subscriber growth on LoRaWAN IoT networks.
In the new model, Everynet invests the technology, gateways, and managed services required to build and operate LoRaWAN networks, and each wholesale customer gets its own standalone, multi-tenant, geo redundant, auto scaling Everywhere platform. Every aspect of the network is monitored by Everynet’s ISO 9001 certified 24x365 Network Operations Centre.
“IoT is all about bits, billions and cents and we make this simple and cost efficient to achieve with shared risk business models,” said Lawrence Latham, CEO, Everynet. “We aren’t just a vendor selling gear. Our Everywhere model eliminates operator CAPEX and technology risk. It also motivates us to make sure both the end user and the operator gets the best Quality of Service and guaranteed capacity.”
Everynet has already entered into numerous joint ventures with infrastructure providers and network operators and has been building wholesale LoRaWAN networks in several geographies which will be announced over the next 30 days.
To drive end customer subscribers, Everynet provides wholesale partners its global ecosystem with a catalogue of over 100 certified products, the Everynet portfolio of end device reference designs, as well as direct access to its contract manufacturing resources.
“IoT connectivity is changing from the legacy mindset of carrier-based ARPU's to the 4 C's - Cost, Current, Connectivity, and Coverage,” said James Brehm, industry analyst and founder, James Brehm & Associates. “The Everywhere wholesale model is transformative insomuch as it allows service providers to scale quickly without a massive capex investment.”