Satellite communications firm Inmarsat has introduced a partner programme called Elevate to accelerate growth in the IoT industry.

The programme aims to bring together a development programme, partner ecosystem and online marketplace so businesses around the world can harness industrial IoT success.

With more businesses recognising the impact of IoT technologies on their operations and on the world, and the number of global satellite IoT connections set to grow at a 25% CAGR according to Omdia in the coming years, there is a need for a one-stop shop for IoT.

To accelerate these IoT opportunities for businesses around the world, Elevate has three pillars to support businesses. The first pillar is a development programme for IoT providers, system integrators, machinery manufacturers and OEMs looking to scale, who will be able to take advantage of Inmarsat’s Elera satellite network and footprint.

The second pillar is a partner ecosystem so organisations can access each other’s knowledge and collaborate with other organisations within the satellite IoT sector. The third pillar is an online marketplace to promote IoT products and services that work seamlessly anywhere in the world, no matter how remote.

In the next five years, the goal of Elevate is to help partners achieve double digit growth, as well as establishing it as the leading IoT marketplace.

“The satellite IoT market has been steadily growing for years, and now is the time to up the ante and kickstart its next stage of more rapid growth,” said Mike Carter, president at Inmarsat Enterprise. “Elevate will help our customers realise the promise of IoT anywhere, while empowering the wider satellite IoT ecosystem to make it a reality. The Elevate community will play an active role in addressing the planet’s really big challenges, helping build a more sustainable, efficient and safe global supply chain.”

He said the Elera network provided an “essential backbone” to IoT innovation, so development partners would be able to scale and grow their operations backed by its reliability and seamless global connectivity.

“Our partner ecosystem will enable knowledge-sharing and collaboration at an unprecedented scale, between parties of all sizes, in all geographies and industries, while our online marketplace will promote IoT for any and every business need,” he said. “Launching a programme like Elevate is about using our expertise and technological strength for the good of our customers, and we’re confident that it will have a huge impact on the organisations that need it most. We’re excited to work with as many new partners as possible, and to see what we can achieve together as individual businesses and as an innovative, game-changing industry.”

Inmarsat is a mobile satellite communications company that owns and operates a diverse portfolio of mobile telecommunications satellite networks, and holds a multi-layered, global spectrum portfolio, covering L-band, Ka-band and S-band.