Business Maverick: Vodacom making good on key strategic growth areas

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Business Maverick: Vodacom making good on key strategic growth areas By Ruan Jooste duritz79

Vodacom is further venturing into new services and technologies that will use mobile networks as a connection point or hub. It has announced that it is buying a majority stake in IoT.nxt – a local Internet of Things company based in Centurion. IoT.nxt is one of the gems in the stable of investment holding company, of which Sipho Nkosi, current chairman of Sasol and former Exxaro CEO, is a majority shareholder.

The company has established itself as quite the niche player in this space in SA with clients like Vodacom, Anglo American, Bidvest and PPS, to name a few listed as clients on their website. It has also made significant inroads into Europe and the US. In fact, Vodacom IoT technologies are already embedded within several connected vehicles built by firms such as Audi, BMW, Daimler, Ford, General Motors, Jaguar Land Rover, Porsche, SEAT, VW and Yamaha motorbikes.

The good news is that IoT enablement platforms make the technology easier to deploy for businesses of all sizes and connectivity options like NB-IoT and 5G will make implantation easier and improve services. He says Vodacom SA is ready to follow Lesotho’s lead, but government’s continued failure to release the required spectrum is proving detrimental to the industry.

 

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