CINCINNATI, Dec 15, 2011 (BUSINESS WIRE) -- RACO Wireless,
a preferred machine-to-machine (M2M) partner for T-Mobile USA,
Inc., announced today that the company is on pace to increase its
year-over-year growth by 300 percent in 2011. The company
attributes much of this growth to the speed and agility with which
it helps its partners bring M2M applications to market. In 2011,
the company was able to onboard new solution providers in as little
as one day, compared to the industry average, which ranges from
several weeks to several months.
"The phenomenal growth and momentum RACO Wireless has seen
this year is a win not only for us, but also for T-Mobile USA,"
said John Horn, president of RACO Wireless. "Together, we're not
only delivering outstanding M2M applications and connectivity,
we're underscoring a dominant leadership position in the M2M
industry."
"Enabling M2M on our robust nationwide network continues
to be very important to T-Mobile. With new M2M solutions entering
the marketplace in as little as one day, RACO Wireless is helping
companies and devices connect in unexpected ways. We congratulate
RACO Wireless on their tremendous growth," said Stan Simpliciano,
senior director of MVNO/M2M at T-Mobile USA.
Meyersick Joins RACO Wireless
In the last six months, RACO Wireless also added several
new members to its team, which now represents more than 200 years
of collective M2M industry experience. Most recently, M2M veteran
Eddie Meyersick joined the company as its director of global
accounts. Meyersick will work with multiple global carriers to
increase the already widespread support for the Multi IMSI SIM
project, which is designed to simplify global distribution of M2M
solutions and allow companies to achieve their desire for one
global stock-keeping unit (SKU) at a lower cost.
Looking Ahead to 2012
Research firm Compass Intelligence predicts that the
next-generation M2M and connected device market will reach 87
million endpoints by 2015, with a compound annual growth rate of
more than 25 percent.
"We are currently on the cusp of an era where every device
that can benefit from being connected via a cellular connection to
the Internet will be connected to the Internet and other devices,"
said James Brehm, senior strategist and consultant, Compass
Intelligence. "These devices include cars, electrical meters,
health and wellness devices, surveillance systems and many other
complex systems; and the process isn't always a simple one. To meet
the promise that M2M holds, the industry requires an ecosystem that
enables non-traditional companies to look for new business models,
simplify and accelerate the onboarding process, hide the complexity
from the end user and thus provide a simple and seamless customer
experience. M2M enablers like RACO Wireless are doing just that,"
he said.
For his part, Horn expects more M2M player consolidation
and increasing M2M expansion into very specific market niches, like
asset management, in 2012.
Horn said, "Today, we are working with more than 100
companies developing M2M products that have the potential to
revolutionize the way entire industries manage their
infrastructure. It's an exciting time to be in M2M."
RACO Wireless specializes in providing wireless
connectivity for machine-to-machine applications via T-Mobile's
network. RACO Wireless makes it easy for companies to build,
support and enhance M2M applications thanks to its unique,
streamlined approach to delivering customized M2M connectivity
solutions. In fact, RACO Wireless can assemble a flexible,
end-to-end M2M connectivity solution for its partners -- including
delivering custom rate plans, tailored billing solutions and
customized wireless connectivity as well as helping them with
branding their M2M applications -- within just hours or days.
The Omega Management Suite(TM) from RACO Wireless is a
robust information tool that delivers unprecedented visibility into
the wireless network and provides essential tools designed to
simplify SIM management. OMS provides advanced reporting and
alerting features including real-time SIM monitoring & reports,
overage reports & alerts, SIM activation & maintenance, SIM
management, web based billing, and APN system hardware status
monitors.
About RACO Wireless
RACO Wireless ( www.racowireless.com ) a subsidiary of
RACO Industries in Cincinnati, OH and a T-Mobile partner for 10
years, is a leading provider of wireless data solutions to the
machine-to-machine industry specializing in delivering wireless
data your way, with a data solution portfolio based on innovation,
flexibility, and reliability.
