Cubic Telecom named as a Major Player in the 2023 IDC MarketScape for Worldwide Managed IoT Connectivity Services

Dublin, Ireland, August 2023 – Cubic Telecom, a global leader in connected car and IoT solutions today announced its position as a Major Player in the latest IDC MarketScape: Worldwide Managed IoT Connectivity Services 2023 Vendor Assessment (doc #US50404023, August 2023). The IDC MarketScape report evaluates vendors in the connected car and IoT market, assessing their capabilities and strategies.

 

Cubic Telecom’s recognition as a Major Player is a testament to the company’s dedication to providing cutting-edge solutions and exceptional service to its customers. Having recently hit the landmark milestone surpassing 15 million devices connected globally, Cubic Telecom is currently on an impressive growth trajectory.

“We are proud to be recognised as a Major Player by the IDC MarketScape,” said Barry Napier, CEO of Cubic Telecom. “We believe this achievement reflects our team’s hard work and dedication to delivering the best-connected car and IoT solutions to our customers. We will continue to innovate and expand our offerings to maintain our position at the forefront of this rapidly evolving industry. At Cubic we are passionate about growth and relentless about ensuring that we excel and innovate to meet the ever-growing global customer demands.”

 

 

 “We’ve now surpassed over 15 million devices connected and managed in over 190 countries and we’ve added over 5 million connected devices in the past year alone” continued Napier.

 

Cubic Telecom has developed its business around the automotive industry and has contracts with Audi, Bentley and Volkswagen, among others. As vehicle to everything (V2X) and autonomous vehicles continue to transform the sector, Cubic is poised to capitalise on the growth opportunity. Cubic’s ability to localise in countries with particularly complex requirements, including GCC (Gulf Cooperation Council), gives flexibility to automotive OEMs operating in more challenging markets and insulates OEM solutions from changes in regulatory conditions. In addition, the company has expanded into the agriculture and transportation industries with further plans for drones and mining among other sectors.

 

The company’s advanced software platform, PACE, enables seamless connectivity and data-driven insights for its customers, ensuring a superior user experience for drivers and passengers. As a Major Player, Cubic Telecom is committed to driving the future of connected car and IoT technology. The company will continue to invest in research and development, forging strategic partnerships, and expanding its global footprint to maintain its position as an industry leader.

 

For Further PR information and images please contact Fionnuala Kavanagh at fionnualak@cubictelecom.com  

About Cubic

Cubic Telecom delivers advanced software-defined connected vehicle solutions in over 190 countries and regions around the world. Working with the world’s leading automotive, transportation and agriculture OEMs, we connect 18 million cars and vehicles globally and enable 1 billion mobile internet data transmissions daily. To compete globally, OEMs must manage the complexities of connecting with different technologies while complying with regulatory mandates in different countries. Cubic Telecom cuts through this complexity through agreements with more than 90 MNOs, providing a single, global solution that enables any vehicle shipped anywhere in the world to have fully compliant built-in connectivity regardless of local market requirements. 

About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.