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Speedcast and Contiamo Form a Strategic Partnership

June 2, 2019

Speedcast International Limited (ASX: SDA) and Contiamo GmbH, a data science company, have formed a strategic partnership to deliver analytics solutions for optimized operational decision-making.

The partnership strengthens Speedcast’s Internet of Things (IoT) capabilities and helps enable the company to play a prime systems integrator role in the deployment of end-to-end IoT solutions. By deploying IoT solutions Speedcast is supporting customers with their digital transformation strategy and helping them improve operations and efficiency. The partnership with Contiamo will accelerate the process by applying data analytics and business intelligence to enable data-driven innovation.

Tim Bailey, EVP, Products, Marketing and Business Development at Speedcast said that many of the company's customers are undergoing digital transformations and want data analytics to be a core component of their business management processes and be easily accessible to support critical business decisions. Customers are looking to Speedcast to transport data as well as support them in the analysis of that data. The partnership with Contiamo is a step towards the firm's objective to become a Managed Information Service Provider. Contiamo’s specialty in data analytic gives the company strong back-end capabilities to identify, collect, analyze and visualize data and reduce complexity with intuitive dashboards and actionable intelligence. Contiamo is an ideal partner to help Speedcast fulfill customer needs in today’s data-intensive world.

Michael Franzkowiak, CEO, Contiamo, added that Speedcast is the largest remote communication service provider in the world and brings a wealth of experience, credibility, and strategic thinking that complements the company's approach. The relationship with Speedcast represents a powerful opportunity for Contiamo to significantly expand the firm's presence across industries. Speedcast already has a strong foundation in asset management, edge computing and network management. By combining these capabilities with Contiamo's expertise in data analytics and business intelligence, the firm will be able to serve a broader range of customers with industry-leading IoT capabilities.

Filed Under: Contracts & Commercial Deals, Data Processing & AI/ML

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