Telekom Austria Group has announced that it has ‘successfully concluded’ the first operating quarter since the September 2011 launch of its new machine-to-machine (M2M) division, confirming that it has acquired 19 ‘high volume’ projects, with a total enterprise value of EUR5 million (USD6.58 million). Projects realised thus far encompass the transportation, logistics, retail and industrial automation industries. M2M is essentially the exchange of data between a remote machine and a back-end IT infrastructure
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OVETEL Rise of the machines: Telekom Austria confirms 19 ‘high volume’ M2M projects are in the pipeline
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