U.S. Markets closed

Asavie Continues Global Expansion with New Point of Presence and Offices to Manage APAC Growth

SINGAPORE--(BUSINESS WIRE)--

IoT Asia - Asavie, a provider of next generation enterprise mobility management and Internet of Things(IoT) connectivity solutions, today announced the opening of a new regional headquarters in Kuala Lumpur, Malaysia and the establishment of a new Point-of-Presence (PoP) in. The new hub will provide enhanced coverage and increased diversity options to customers in the region. Asavie also announced the appointment of Paul Rogers as Vice President of Asia Pacific with responsibility for sales and business development in the region.

Asavie is enjoying huge demand for its on-demand network connectivity services from mobile network operators and OEMs in the APAC region. Through this PoP, Asavie will be able to provide a range of IoT connectivity and mobility management service solutions its customers in the APAC market. Asavie’s expanded presence in APAC will result in an expansion of operations to include sales, pre-sales, consulting services and technical support, enabling the cultivation and rapid acquisition of customers, as well as expediting the international expansion of Asavie’s ecosystem of system integrators.

APAC is forecasted as a high growth IoT market as evidenced by a Research and Markets study which shows the APAC market is expected to grow at the highest CAGR during 2016-2021 and to overtake the North American IoT market by 2021. The primary driving forces for this growth are increasing technological adoption and huge opportunities across industry verticals in the APAC countries, especially India, China, and Japan.1

“Asavie is experiencing significant growth and demand for our services, and we are expanding our physical presence in APAC to better serve the accelerating market opportunity,” said Ralph Shaw, CEO of Asavie. "With the growing adoption of the IoT across many industry verticals and the continued demand for mobility management solutions there is huge demand for Asavie’s offerings. This latest strategic expansion, will allow us to serve the thousands of companies in APAC seeking to gain competitive advantage through Asavie’s innovative solutions.”

Shaw continued, “Additionally, as Asavie enjoys continued growth in the APAC region, we are adding Paul Rogers, a proven executive who brings unparalleled leadership and execution capability to our senior sales team.”

About Asavie

Asavie makes connectivity simple. The Asavie PassBridge™ platform delivers on demand connectivity services to manage and secure connectivity across diverse networks, at scale. In partnership with over 20 leading mobile operators including AT&T, Telefonica, Three and Vodafone, as well as hardware providers such as Dell, Asavie enables over 10,000 end-user enterprises large and small to scale their smart, connected projects resulting in increased cost savings and rapid delivery of new services to market.

ENDS

1 Internet of Things (IoT) Market by Software Solution (Real-Time Streaming Analytics, Security, Data Management, Remote Monitoring, & Network Bandwidth Management), Platform, Service, Application Domain, and Region - Global Forecast to 2021. Research and Markets

View source version on businesswire.com: http://www.businesswire.com/news/home/20170328005663/en/