Stock Report

Tata Communications and Oasis Smart SIM empowers SanCloud with scalable and secure CloudSIM™



Posted On : 2023-02-27 19:38:23( TIMEZONE : IST )

Tata Communications and Oasis Smart SIM empowers SanCloud with scalable and secure CloudSIM™

Tata Communications, a global digital ecosystem enabler and Oasis Smart SIM, a subsidiary of Tata Communications International Pte., Ltd., today announced SanCloud will be powered by CloudSIM™, a unique cloud-based embedded subscriber identity module (eSIM).

CloudSIM™ will enable SanCloud devices with remote controlling and monitoring capabilities for operational performance of industrial equipment and plants across manufacturing, supply chain, and automotive sectors. It will simplify deployment across fragmented supply chains and benefit enterprises globally.

Delivered through Tata Communications MOVE™ platform, CloudSIM™ provides on-demand cellular connectivity, more securely and more affordably than ever before. By delivering device integrity and cloud provisioning CloudSIM™ technology on the cloud, Tata Communications along with Oasis Smart SIM help reduce costs and simplify designing. This changes the traditional way of delivering connectivity on-demand, which typically required additional SIMs, eSIMs, or iSIMs on the hardware platform, adding costs and complexities.

Marc Murphy, one of the Founders and Director of Software Engineering, SanCloud, said "SanCloud is excited about integrating Tata Communications MOVE™ and CloudSIM™ services into our mobile wireless devices. This gives us the flexibility to dynamically change the subscription model in our IoT devices without having to send an engineer to site to swap a SIM. This is a significant cost saving."

"As products get more intelligent and revenue models become increasingly usage-based, connected devices need to be flexible, intelligent and secure - all at once. CloudSIM™ and Tata Communications MOVE™ are enabling this transformation," said Avneesh Prakash, Vice President, Mobility, Tata Communications. "This will be a game changer in the industry, offering a new approach to empower IoT device and equipment manufacturers. We're excited to enable SanCloud and enhance user experience and reduce operational costs of their products and solutions."

Olivier Leroux, CEO, Oasis Smart SIM added, "With CloudSIM™, any product can have a zero-touch secure integration. We designed this program to offer an innovative approach, as CloudSIM™ complements existing permanent connectivity by enabling on-demand connectivity anytime anywhere. CloudSIM™ is a game changer that simplifies IoT and provides a solution allowing deployments to scale. We are thrilled to demonstrate this new capability at Mobile World Congress 2023 with Tata Communications."

Shares of Tata Communications Limited was last trading in BSE at Rs. 1184.80 as compared to the previous close of Rs. 1202.55. The total number of shares traded during the day was 7255 in over 1241 trades.

The stock hit an intraday high of Rs. 1201.50 and intraday low of 1177.00. The net turnover during the day was Rs. 8604288.00.

Source : Equity Bulls

Keywords

TataCommunications INE151A01013 OasisSmartSIM SanCloud CloudSIM eSIM