KORE Named as a Leader in the 2023 Gartner® Magic Quadrant for Managed IoT Connectivity Services

Recognized for Completeness of Vision and Ability to Execute

ATLANTA (Feb. 7) – KORE, a global leader in Internet of Things (“IoT”) Solutions and worldwide IoT Connectivity-as-a-Service (“IoT CaaS”), announced today that it has been named by Gartner as a Leader in the Magic Quadrant for Managed IoT Connectivity Services. The evaluation was based on specific criteria that analyzed the company’s overall completeness of vision and ability to execute.

“This year marks the fourth year in a row that KORE has been named a leader by Gartner in its Magic Quadrant for IoT Connectivity,” KORE President and CEO Romil Bahl said. “Leveraging hard work, key partnerships and collaboration across the entire IoT ecosystem, as well as direct feedback from our valued customers, we deliver IoT to businesses with ease and simplicity. KORE helps our customers adopt IoT by reducing deployment complexities, and an industry-leading eSIM or eUICC capability that we market as KORE OmniSIM, and to be recognized for our IoT Connectivity leadership is tremendous.”

KORE is the only pure-play global IoT provider and has expert partnerships with leading hyperscalers to help organizations drive optimized IoT solutions with analytics to shape business outcomes now and in the future. KORE also offers a unique, diverse portfolio of connectivity offerings to meet the requirements of global, on-the-move applications.

As part of its robust solution set, KORE offers a full suite of managed services designed to simplify the complexities of logistics and operations management associated with the IoT lifecycle, which includes provisioning, activation, deployment, regulatory compliance, end-of-life care for devices and global scale solutions.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

1Source: Gartner, Magic Quadrant for Managed IoT Connectivity Services, Worldwide, 30 January, 2023, Pablo Arriandiaga, Eric Goodness, Kameron Chao, Jon Dressel

View a complimentary copy of the Magic Quadrant report to learn more about KORE, among other provider offerings, on the KORE website.

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About KORE

KORE is a pioneer, leader, and trusted advisor delivering mission critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers’ business outcomes. For more information, visit korewireless.com.

KORE Investors Contact:

Charley Brady
Vice President, Investor Relations

KORE Media Contact:
Alisa Moloney
Senior Director of Marketing
Email: amoloney@korewireless.com