Cubic3 named as a Major Player in the 2023 IDC MarketScape for Worldwide Managed IoT Connectivity Services

14 November 2023

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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.

We are proud to be recognised as a Major Player by the IDC MarketScape. We believe this achievement reflects our team’s hard work and dedication to delivering the best-connected car and IoT solutions to our customers.”

Barry Napier, CEO of Cubic Telecom.

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’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.

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.

About Cubic3

Cubic3 delivers smart and secure connectivity solutions for software-defined vehicles (SDVs) and other high-value mobile assets in over 190 countries. Through agreements with more than 90 MNOs, we help OEMs across automotive, agriculture and adjacent sectors solve the complexities of connecting vehicles and assets through different technologies, while complying with regulatory mandates in different countries. As well as solving today’s global connectivity challenges, we provide real-time data and insights through our cloud-based platform that empowers OEMs to innovate, scale, and multiply business opportunities. With Cubic3, our customers gain the tools they need to drive operational efficiencies, create new revenue streams and ultimately thrive in a fast-paced world

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About Cubic3

Cubic3 provides advanced connectivity solutions for software-defined vehicles (SDVs) across 200+ countries. We help automotive, agriculture and transportation OEMs navigate the complexities of connecting vehicles while ensuring compliance with global regulations. With access to over 550 mobile networks, our smart connectivity empowers OEMs to innovate, scale and unlock new opportunities, driving efficiency and growth.