Recently on our Smart City Sentinel news site, the name Netmore Group has been popping up, well, more and more.
We’ve featured Netmore Group a few times this season — Yorkshire Water selected Netmore Group to exchange end-of-operational-life-status meters with 1.3 million new smart water meters in England’s Yorkshire region, IoTech chose Netmore Group to deliver LoRaWAN connectivity to customers across Greece, and Cellnex UK chose Netmore for new LoRaWAN gateway implementations on the former’s streetworks monopole infrastructure, amounting to a whopping 200 new installations.
These decisions have all made good sense. Netmore Group, after all, is a dedicated IoT operator and all-around effective LoRaWAN/smart solutions provider that believes how, quote, “there has never been in a greater need of sustainable technology than it is today.” Netmore Group has actively been implementing its resource-efficient, future-proofed solutions across Europe to build what they hope becomes “the fastest-growing Pan-European LoRaWAN network” out there. They stress the importance of making the digitally powered protection of vital environmental resources a true economic imperative, which explains why the company is continually being picked to lead the charge.
Additionally, it’s always great to refresh on the significance of LoRaWAN for the Internet of Things, in general. So, here’s the long-story-short of it:
LoRaWAN, a low-power wide-area network (LPWAN) protocol, provides a super-ideal communications backbone for IoT devices, enabling them to transmit real-time data over long distances while consuming minimal energy. This typically seamless integration empowers those in IoT to scale their technologies with greater efficiency, reliability and especially security in place, which a.) gets around real-world interferences, and b.) prioritizes cost efficiencies with modern infrastructure requirements, in mind.
And just this week, Netmore Group announced yet another part of its strategic global expansion; this time, via acquisition of Everynet (pending final regulatory approval).
According to the official announcement, this acquisition of “assets and operations” of Netherlands-headquartered Everynet “will expand Netmore’s direct presence to 17 countries, positioning it to add more than 1 million provisioned sensors spanning a range of key Netmore use cases, including approximately 400,000 track-and-trace devices, 300,000 smart gas meters, 200,000 smart water meters, and multiple additional LoRaWAN use cases, bringing total active devices under Netmore management to over 2.3 million.”
On top of that, given Everynet’s scope of operations, Netmore’s business will soon include “immediate and significant expansion into the Latin American and Asia Pacific regions.”
“The acquisition of Everynet strengthens Netmore’s market position and accelerates our ambition to become a global and world-leading IoT network operator,” explained Ove Anebygd, CEO, Netmore Group AB. “ After a long period of fragmentation, the market is reaching an inflection point where consolidation is aligned with global interest in digitizing critical utility and energy management operations. We’re excited to welcome the Everynet team and expect to benefit greatly from their LoRaWAN competence and market knowledge as we continue our growth journey.”
Everynet, naturally, is very much on the same page here.
"Everynet joining Netmore represents an important strategic alignment of resources and technical expertise that will provide our customers — and many others globally — with access to a best-in-class LPWAN platform, expanded network coverage and densification capabilities, and new and improved products and services from the de facto market leader,” added says Frederik Oliver, CEO, Everynet. “With the LoRaWAN market growing and large-scale sensor deployments becoming common, we’re excited about the next phase of growth as part of Netmore’s expanding operations.”
Learn more here.
Edited by
Greg Tavarez
