KORE Talks IoT Expansion, Simplicity

By Paula Bernier February 10, 2017

Whether we’re talking about expanding its product portfolio, adding new employees, or building new capabilities via acquisition, KORE’s story is about growth. The company is also focused on simplicity.

That’s the word from Norman Miglietta, director of group marketing at the IoT managed network services provider.

KORE aims to simplify IoT for customers so they can get to market faster, says Miglietta, with whom I spoke this week at IoT Evolution Expo, collocated with ITEXPO. KORE does that by bundling whatever its clients need to get the job done. For example, KORE offers bundled tablet solutions that are appropriate for such applications as fleet and healthcare.

The company also can bundle in hardware from such companies as Cradlepoint and Digi, he notes. And it offers professional services that can support things like site inspections and hardware installations.

KORE has also been expanding its team.

The company hired on Sue Holub as its chief marketing officer in December. She was previously vice president of marketing for the enterprise software division of Lexmark International.

In November, KORE brought aboard James Yersh as its CFO and executive vice president of corporate development. He was previously CFO at BlackBerry.

And in October, KORE welcomed Alexander Bufalino as its senior vice president of international sales and marketing. He’s also worked at Telit.

Speaking of KORE’s international effort, the company expects to expand its workforce and efforts more in Europe and in Latin America, particularly in Mexico.

As noted above, acquisition has helped KORE in its growth effort. And the company is open to additional deals.

To date, KORE has acquired Wyless Group Holdings. That deal was announced in March. It helped position KORE as the challenger in Gartner’s 2016 Magic Quadrant for Managed Machine-to-Machine Services, Worldwide.

The Wyless deal followed KORE’s merger with IoT service provider Raco Wireless. KORE also got the Position Logic location-based services assets as part of the deal.

Edited by Alicia Young