CIO- IoT play with strong connections

This Internet of Things (IoT) play which provides hardware and solutions for M2M connectivity is in the right space with strong connections with US major carriers the likes of Verizon and AT&T. CIO announced (28 February 2017) it had strengthened its relationship with AT&T collaborating on its Internet of Things Division in a joint effort to address the evolving needs of AT&T’senterprise customers. AT&T’s IOT vertical market teams including Drones & Robotics, Energy Management, Oil & Gas, Fleet & Asset Tracking, Security & Surveillance, Point of Sale, Smart City,Vending/ATM, Digital Signage, kiosks, etc. CIO negotiated a new agreement with Verizon (announced 8 February 2017) to collaborate on initiatives that are critical to Verizon’s IOT strategy. Verizon selected CIO to integrate its game-changing device management solution “ThingSpace” into CIO’s family of products as well as its ground-breaking Drone program (ALO) which will facilitate the deployment of millions of drones on Verizon’s network.

With mcap of just $22m, CIO has been generating increasing business growth with revenues close to $2m and has pedigree customers the likes of Coca Cola, Burger King.