Devo Selected To The "GSMA 100"

Devo Taking Leading Role in GSMA Initiative to Advance Next Generation of Connectivity and Digital Services

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Sep 05, 2018, 09:12 ET

CAMBRIDGE, Mass., Sept. 5, 2018 /PRNewswire/ -- Devo Technology today announced that it has been named one of the first companies in the "GSMA 100," a global innovation discovery initiative developed by the GSMA to identify and advance the next generation of connectivity and digital services. Comprising the world's most promising growth-stage companies and selected by mobile operators and investment partners, the GSMA 100 represents operator innovation priorities in key areas such as 5G and networking; artificial intelligence and machine learning; consumer experience; data and analytics; the Internet of Things; media and entertainment; and security, among others.

"Congratulations to Devo for its selection into the GSMA 100. The GSMA 100 is designed to identify those companies with the most compelling use cases and innovative business models," said Ed Barker, Head of Innovation Strategy and Partnerships, GSMA. "We look forward to working with Devo and other GSMA 100 companies in accelerating business development, commercial partnerships and investment with mobile operator and key partners and, ultimately, in the deployment of next-generation networks and digital services that will benefit billions of subscribers around the world."

"With Devo, service providers, financial institutions and other large organizations get the scalable, cost-effective solution they need to gain real-time business value from analytics on streaming and historical data for competitive advantage, sustained performance and growth," said Walter Scott, CEO, Devo. "Devo is proud to be recognized for its innovative data analytics solutions and to be among the elite companies named to the GSMA 100."

The GSMA 100 are nominated by GSMA operator members, ecosystem companies and leading technology investors and primarily include growth-stage, venture-backed companies from their portfolios, partnerships or interest areas. Following a competitive review process, the nominations are evaluated and narrowed to yield the final cohorts. Devo was among the first 29 companies named to the GSMA 100; the remaining two cohorts for the GSMA 100 will made public in February 2019 at Mobile World Congress in Barcelona, and in June 2019 at Mobile World Congress Shanghai.

The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with over 350 companies in the broader mobile ecosystem. Key operators and partners contributing to the GSMA 100 include Amadeus Capital, América Móvil, AT&T Foundry, Bessemer Venture Partners, Blumberg Capital, BT, China Mobile, Deutsche Telekom, EIT Digital, Ericsson Ventures, Forgepoint Capital, GE Ventures, GV, IQT, KDDI, KPN Ventures, Lumia Venture Partners, Mayfield, MTN, Orange, Rogers Communications, Safaricom, Sony Innovation Fund, Telefónica, Telenor Group, Telstra Ventures, Telus, the UN World Food Programme, US Cellular, Verizon Ventures and Vodafone, among others.

For further information on the GSMA 100, visit: www.gsma.com/aboutus/gsma-100.

About Devo
Devo Technology, formerly Logtrust, is the leading Data Operations Platform for the digital enterprise. Devo delivers real-time operational analytics on streaming and historical data to help enterprises drive sustained performance and growth. The Devo Data Operations Platform collects, enhances and analyzes machine, business and operational data from all aspects of the business. Devo provides real-time analytics and insight for IT, security, and business teams at the world's largest organizations. For more information visit www.devo.com.

SOURCE Devo Technology