[Barcelona, Spain, February 26, 2016] Huawei and TIM signed a Memorandum of Understanding (MoU) for the development of IoT solutions on Narrowband IoT technology (NB-IoT) at Feb. 21 2016 in Barcelona, aimed at growing and sustaining this new market.
Thanks to this agreement TIM and Huawei continue their collaboration on NB-IoT technology that started in 2015. TIM will construct a NB – IoT Open Lab in Turin dedicated to research and innovation; the lab will represent and open platform for companies and developers to support and accelerate the growth of Internet of Things services and the progress of industrial applications.
TIM and Huawei will perform laboratory and field trials on NB-IoT solutions together with partners from vertical industries, thus promoting the rapid improvement and deployment of this technology on the market.
This agreement represents an important step for the evolution of mobile networks towards IoT, a sector in rapid development in ICT that is expected to trigger another evolution since the advent of computers and Internet. NB-IoT technology is widely recognized and accepted as the next important opportunity for the communications industry, featuring low power consumption, better coverage, and the possibility to connect great numbers of objects in a convenient way: all required features for IoT. This new technology can be applied to remote meter reading, asset tracking, smart agriculture, as well as on security, finance, transportation and industrial automation.
Gabriela Styf Sjoman, Head of TIM’s Engineering & TI Lab said, "We are very optimistic on the development of Internet of Things services that will represent one of the main areas of innovation for TIM. This collaboration with Huawei will accelerate the international standardization and will stimulate industrial synergies with other partners, anticipating the design of innovative solutions and services.”
Chaobin Yang, Chief Marketing Officer of Huawei Wireless Network Product Line, commented, "The mobile communications industry is entering the 4.5G era, where IoT will be one of the main innovations. The NB-IoT technology will allow operators to offer IoT applications in a fast and competitive way anticipating a new innovation phase. This cooperation will accelerate the NB-IoT commercialization progress and applied in more vertical industries."
MWC 2016 takes place in Barcelona, Spain from February 22 to 25. Huawei will showcase its latest products and solutions at Fira Gran Via Hall 1 and Hall 3. For more details, please visit: http://www.huawei.com/en/mwc2016.