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Tata acquires majority stake in Oasis
- January 27, 2021
- Steve Rogerson
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 technologies and personalised services to enable the deployment of eSIM and SIM technologies. With this investment, eSIM technology will be integrated into Tata’s Move, enabling end-to-end embedded connectivity and strengthening Move as a single source platform for global enterprise mobility needs.
Tata says it will drive and accelerate product roadmap R&D with Oasis, leveraging and amplifying the growth in the mobility and IoT markets.
“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,” said Tri Pham, chief strategy officer at Tata Communications. “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 to transform their business.”
Tata and Oasis have a shared vision of making connectivity across end users, devices and machines all pervasive. Tata’s Move enables enterprises and device manufacturers to capture, move and manage information worldwide through borderless, secure and scalable connectivity, with a network independent, platform approach. With this investment, the company plans to deliver enhanced full-service enterprise mobility to users through complete access and management of the eSIM and software layer.
“Enterprises are increasingly relying on mobile devices to operate and access data in the cloud,” said Pham. “This coupled with the rise in the number of M2M connections globally show that there is immense opportunity in the eSIM market. Oasis has the right mix of technology expertise, agility as well as exceptional talent.”
Olivier Leroux, CEO of Oasis, added: “At Oasis, we’re very excited about growing our business with Tata Communications globally. In Tata Communications, we see the vision, capability and ambition to drive transformation and innovation in the mobility and IoT markets. We are looking forward to leveraging our joint capabilities to develop and co-create products to enable end-to-end embedded connectivity and to transform businesses through the latest mobile technologies.”
Recently, Tata Communications, together with Micron, announced worldwide cellular-enabled connectivity to simplify and accelerate large-scale global deployment of IoT devices. This leverages Oasis’ Velios-as-a-service, a cloud-based eSIM for IoT devices offering a scalable, on-demand and secure SIM deployment on the IoT ecosystem.
With this technology, Move will offer a pervasive, end-to-end method for zero-touch onboarding of connected IoT devices to cloud services, globally. This combination will deliver scalable IoT security, seamless global connectivity, on-demand cellular enabled subscription and pay-as-you-go flexibility.
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 ease of use with remote provisioning and the ability to connect with multiple mobile network operators, making subscription management easier for 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.
Move offers IoT and connectivity across 200 countries and territories, backed by the Tata’s relationships with more than 600 mobile network operators worldwide. Since its launch in 2017, the Move platform has been adopted by businesses worldwide to introduce a range of innovative mobile and IoT services, across automotive, manufacturing, aviation, supply chain and other industries.