Soracom Recognized in 2022 Gartner® Magic Quadrant™ for Managed IoT Connectivity Services for Second Year in a Row
5.4.2022 15:00:00 EEST | Business Wire | Press release
Soracom, Inc., a global provider of advanced IoT connectivity, today announced that it has been named by Gartner, Inc., as a Niche Player in the 2022 Magic Quadrant for Managed IoT Connectivity Services. The report evaluates vendors based on completeness of vision and ability to execute. This is Soracom’s second year in a row as a Niche Player in the Magic Quadrant.
“There is a growing recognition among IoT innovators that Soracom is the right partner to help them launch and scale their IoT initiatives thanks to our powerful network management tools and industry-leading cloud integrations,” said Ken Tamagawa, CEO and co-founder of Soracom. “We believe placement in the ‘Niche Players’ Quadrant demonstrates our dedication to delivering global IoT connectivity on a commitment-free, pay-per-use basis that makes it easy for our customers to connect to their cloud of choice and control their own networks, devices and data.”
Soracom’s connectivity solutions are used by innovative startup and enterprise teams worldwide to help accelerate IoT deployment, reduce risk, and ensure successful, scalable IoT rollouts. The company’s connectivity services feature available private networking, advanced cloud integrations and secure bootstrapping capabilities.
Soracom Air wireless data service now keeps more than 4 million devices connected around the world. The growth – up from 3 million announced in June 2021 – is being driven by strong uptake of IoT devices and eSIM technology in industries such as consumer electronics, point-of-sale systems, utilities, healthcare and more.
In addition, Soracom has:
- Successfully completed a joint Proof of Concept (PoC) demonstrating integrated SIM (iSIM) capability with Sony Semiconductor and Kigen, designed to support the next generation of IoT devices. iSIM technology combines a hardware communications module and SIM card or eSIM on a single chip to establish a network connection and validate identity, allowing significant reductions in manufacturing cost and power requirements and increasing processing capacity and threat resistance.
- Announced the launch of its Soracom Arc secure link solution, which allows IoT developers to mix multiple connectivity options such as cellular, LPWA, satellite and Ethernet while taking full advantage of Soracom platform services and controlling their entire network through a single, unified management platform.
- Launched a partnership with Orange Wholesale France, the largest mobile network operator (MNO) in France and a leader in global IoT connectivity, to deliver a highly competitive bundle of IoT connectivity and advanced network management capabilities. The partnership with Orange also enables Soracom to offer advanced IoT connectivity to innovators as an extension of Orange’s existing strong roaming partnerships across more than 220 destinations and 700 network operators.
A complimentary copy of the 2022 Magic Quadrant for Managed IoT Connectivity Services report is available on the Soracom website.
Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of the Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
About Soracom
Soracom is leading the democratization of IoT connectivity, offering robust solutions specifically designed to make it easy to build, operate, and scale IoT deployments. Founded in 2015, Soracom now serves more than 20,000 startups, SMBs and global enterprises across all industries, from agriculture, energy, construction and transportation to consumer electronics, manufacturing, real estate and healthcare. Customers trust Soracom for affordable, reliable connectivity that accelerates speed to market, makes it easy to connect to the cloud, and offers access to a worldwide partner ecosystem. More information is available at www.soracom.io.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220405005493/en/
Contact information
Justine Schneider
Calysto Communications
jschneider@calysto.com
O: 404-266-2060, ext. 507
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
TOURISE and Oxford Economics Release New Global Report on Tourism Resilience in an Era of Permanent Disruption17.8.2026 17:33:00 EEST | Press release
TOURISE, in collaboration with Oxford Economics, today released a new report, “Resilience in a World that Doesn’t Reset: Redesigning Tourism for an Era of Permanent Disruption.” The analysis of 85 major crises over two decades shows a clear pattern: in a world defined by continuous shocks, destinations that act before disruption hits recover up to 1.5 times faster than those that wait. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260817880835/en/ “In a world that does not reset between crises, disruption is a constant feature of the global tourism landscape,” said His Excellency Ahmed Al-Khateeb, Minister of Tourism of Saudi Arabia and Chairman of TOURISE. “The real test for destinations measures how they prepare for volatility, protect traveler confidence, and maintain continuity ahead of such events.” Using the current Middle East crisis as a lens, where Gulf hubs carry roughly 14 percent of global transit traffic, the r
The Expensify Visa® Commercial Card Brings New Proactive Spend Controls to 14 Countries17.8.2026 16:00:00 EEST | Press release
Expensify, Inc. (Nasdaq: EXFY), the easiest way to manage expenses, travel, and corporate cards, today expanded the reach of Expensify Card spend rules, the market-leading way for businesses to control corporate card spend before it happens. Available to businesses in 14 countries, spend rules let admins decide exactly how, where, and when each Expensify Card can be used, so only compliant transactions go through. Unlike traditional corporate cards that rely on after-the-fact expense review, the Expensify Card enforces policy at the point of purchase. Admins set the rules once, and the card handles the rest. With Expensify Card spend rules, admins can: Lock a card to a subscription. Give each recurring SaaS tool its own virtual card, so a vendor can only ever charge what it should. If the card owner changes teams or leaves, the subscription keeps running, with no swapping cards and no missed payments. Cover a one-time purchase. Issue a virtual card for a single transaction like event r
Riskified Analysis Finds Travel Fraudsters Are Adapting Faster Than Traditional Signals Can Keep Up, With May Flight Risk Up 32%17.8.2026 15:30:00 EEST | Press release
Riskified (NYSE: RSKD), a global leader in ecommerce fraud and risk intelligence, today released new findings from its Travel Industry Insights report, revealing how sophisticated fraud rings and AI-enabled fraudsters are evolving their tactics across airlines, hotels, and online travel platforms. Riskified’s analysis shows that fraudsters are increasingly adapting their behavior to resemble legitimate travelers, making traditional fraud indicators less reliable and creating new challenges for travel merchants. Riskified’s analysis of hundreds of millions of travel transactions across flights, hotels, and land transportation found that flight fraud risk increased through the first five months of 2026, with May 2026 marking the sharpest year-over-year increase at 32% compared to May 2025. The findings show that sophisticated fraud activity is not limited to predictable travel peaks, with organized fraud rings continuously adjusting their methods throughout the year. Riskified's travel n
PIF Delivers Strong Revenue and Profit Growth in 202517.8.2026 14:54:00 EEST | Press release
PIF today published its 2025 Annual Report demonstrating strong financial performance and continued progress against its long-term objectives. As a long-term investor with a unique mandate to drive the economic transformation of Saudi Arabia and deliver sustainable financial returns, PIF maintained a diversified portfolio in 2025, balancing returns with national impact and long-term resilience. Maintaining Financial Discipline In 2025, revenue rose 9% year on year to $120 billion, while net profit more than doubled to $17 billion, supported by stronger contributions from maturing portfolio companies. PIF retained over $900 billion in assets under management and achieved an annualized total shareholder return of 5.8% since 2017. Total shareholder return in 2025 was positively driven by increased dividends from portfolio companies and returns from financial investments. It was also impacted by downward movements in the valuations of some assets, as a result of wider market conditions, an
Foundever Successfully Closes a Holistic Recapitalization, Reducing its Debt by Nearly $900 Million and Strengthening its Financial Position for Long-Term Growth17.8.2026 14:30:00 EEST | Press release
Foundever Group S.A.® (“Foundever” or the “Company”) – a global leader in integrated customer experience, digital operations and analytics services, today announced that it has successfully closed a holistic recapitalization (the “Transaction”) in coordination with 95.4% of the lenders under its term loan facility (“Term Loan Lenders”), 100% of its revolving credit facility lenders (“RCF Lenders”), and the Company’s existing majority shareholders. The Transaction meaningfully strengthens Foundever’s financial foundation and positions the Company to invest in its growth strategy. Key terms of the Transaction include: Company's existing majority shareholders invest $225 million into common equity. Term loan facility exchange reduces the Company's total debt by nearly $900 million. Revolving credit facility maturity date is extended by more than four years to December 2030, and term loan maturity date is extended by more than 2.5 years to March 2031. Certain of the Company's RCF Lenders p
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
