SK Telecom also announced plans to launch 35 IoT services before the end of the year
Korean operator SK Telecom has already completed the development of 24 different internet of things (IoT) services for the domestic market. New services include several areas including gas and electricity.
SK Telecom is pushing enhanced customer convenience on the back of its nationwide LoRa and LTE-M networks.
Earlier this month, SK Telecom announced plans to launch at least 35 IoT services by the end of this year using wireless network technology LoRa.
The Korean operator finished building LoRaWAN across the country by the end of June, six months earlier than its initial schedule. SK Telecom said its network covers 99% of the population. The telco expects to connect over 4 million devices to its IoT-dedicated networks by the end of 2017.
Additionally, in September 2016, SK Telecom launched NUGU, a voice-activated artificial intelligence (AI) service. The telco announced plans to build an ecosystem by working closely withvmany startups, venture companies and experts, and promote the growth of the AI industry in Korea.
SK Telecom commercially launched LTE-Advanced Pro in June 2016. As of the end of September 2016, the company has more than 20.55 million LTE and LTE-Advanced subscribers.
SK Telecom has launched a new strategy through which it seeks new growth engines via three innovative platforms namely Lifestyle Enhancement Platform, Advanced Media Platform and IoT Service Platform.
Gemalto signs agreement to provide security to Alibaba’s IoT operating system
In related news, Dutch provider of digital security solutions Gemalto announced that it is collaborating with China-based Alibaba Group to provide connectivity and security for YunOS, which is Alibaba’s cloud-based, data and services oriented Internet of Things (IoT) operating system.
Under the terms of this partnership, Gemalto provides its Allynis Trusted Service Hub that allows easy provisioning of security sensitive applications throughout the identity lifecycle management.
“In recent years, the Chinese market is teeming with innovation, with Alibaba as one of the most active trailblazers in the industry. We are proud to be the technology enabler in Alibaba YunOS’s biggest IoT push,” said Suzanne Tong-Li, President, Greater China and Korea at Gemalto.
According to a recent study published by IDC, China’s business internet of things market is expected to reach $361 billion by 2020, representing a CAGR of 13.3% over the next five years.
