VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 4, 2013) - Deutsche Telekom and Wavefront, Canada's Centre of Excellence for Wireless Commercialization and Research, today announced a long-term agreement to collaborate in developing the Machine-to-Machine (M2M) market in North America. As part of the collaboration, Wavefront supports Canadian wireless start-ups and small and medium companies with its accelerator program providing access to services including educational seminars, testing resources, advisory services and global market connections, while Deutsche Telekom provides access to its extensive M2M resources and proactively engages with the wireless community.
Wavefront has recently established a successful M2M Zone at its facilities in Vancouver, which has seen tremendous interest from the North American wireless community. Starting February 2013, Deutsche Telekom will be present there to provide a physical point of contact and access to its M2M solutions and resources such as the M2M Partner Portal and M2M Developer Community and to showcase some of its solutions. A series of seminars and events across the country will also offer companies an opportunity to connect with a global leader in M2M.
The North American market has a tremendous market potential with an estimated total revenue of 140 billion euro in 2017, up from 58 billion euro in 2013, according to market analysis firm Machina Research. Wavefront President and CEO James Maynard concurs: "M2M is one of the fastest growing areas in the global wireless ecosystem. This partnership will facilitate a valuable new connection point between Canada's wireless talent and Deutsche Telekom's extensive technical knowledge, commercial capabilities and international reach."
"In the future we will see an M2M solution for nearly every need just like today we have an app for every purpose. To accelerate the development in this market we have to tap into and promote the creative potential of small companies and start-ups now," says Jürgen Hase, Head of Deutsche Telekom's M2M Competence Center. "The new relationship with Wavefront will help Deutsche Telekom gain access to the M2M community in North America and support business development in this important region."
On February 4, 2013, Deutsche Telekom will take part in Wavefront's M2M Summit in Vancouver.
For more about the M2M Zone, contact firstname.lastname@example.org.
For more about the Wavefront Wireless Summits, visit wavefrontsummits.com.
For more information about Deutsche Telekom's M2M Competence Center including M2M Partner Portal and M2M Developer Community, visit http://m2m.telekom.com/.
Wavefront is Canada's Centre of Excellence for Wireless Commercialization and Research, accelerating the growth and success of wireless companies by connecting them with critical resources, partners and opportunities to drive economic and social benefits for Canada. Wavefront products and services are available to wireless and non-wireless companies looking to leverage mobile technology. They include a comprehensive suite of accelerated commercialization and mentorship programs, international market linkages, state of the art wireless product development and testing infrastructure, and wireless training programs and events. For more information and to join the Wavefront Community, visit wavefrontac.com.
About Deutsche Telekom
Deutsche Telekom is one of the world's leading integrated telecommunications companies with more than 131 million mobile customers, 33 million fixed-network lines and over 17 million broadband lines (as of September 30, 2012). The Group provides fixed-network, mobile communications, Internet and IPTV products and services for consumers, and ICT solutions for business and corporate customers. Deutsche Telekom is present in some 50 countries and has over 230,000 employees worldwide. The Group generated revenue of EUR 58.7 billion in the 2011 financial year - over half of it outside Germany (as of December 31, 2011).
Media representatives can find further information at www.telekom.com/media and www.telekom.com/photos.