December 14, 2019

Maersk invests in the Internet of Things - The MediTelegraph

Copenhagen - Maersk has decided to back the Danish startup Onomondo, a global cellular operator for the Internet of Things. Onomondo has secured investment from Maersk Growth, the shipping company’s corporate venture arm.

At the same time, Maersk itself aims to integrate Onomondo’s innovative connectivity solution into their global business, making it easier, cheaper and safer to connect IoT devices such as cranes, trucks, vessels and containers around the world.

“Onomondo is in the market with a proven technology that enables A.P. Moller - Maersk to more efficiently reap the benefits of digitising its global asset base. We are impressed with the team and its progress so far. With our expertise and access we believe that Onomondo will further accelerate and scale the business in the next stages of its exciting journey,” said Sune Stilling, Head of Maersk Growth.

Onomondo is a global cellular operator for the Internet of Things, working to connect and simplify enterprise-grade connected services across the globe. With its own network infrastructure implemented globally and operations across 185 countries, Onomondo enables a more secure, cost-efficient and scalable connectivity option, which is breaking down the barriers for truly global IoT solutions at scale. This has attracted the attention of Maersk who wishes to control its own connectivity albeit with lower costs, increased flexibility and higher security.

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