IoT Market Conditions and Twilio IoT Acquisition | KORE Wireless's Romil Bahl | Internet of Things Podcast
With the recent acquisition of Twilio IoT by KORE Wireless, the IoT market will only see more consolidation. Romil Bahl, President and CEO of KORE Wireless, joins Ryan Chacon on the IoT For All Podcast to discuss IoT market conditions and the Twilio IoT acquisition. They also cover hyperscalers, what makes certain IoT companies succeed and others fail, challenges in the IoT market, and the success model for IoT companies going forward. Romil Bahl serves as President and CEO of KORE. He brings nearly 30 years of experience delivering high growth among SaaS and IoT companies. Prior to KORE, Romil served as President and CEO of Lochbridge, a leading technology consulting and solutions provider in the IoT and digital enablement space. Before that, as EVP and GM of Global Industries for CSC, Romil led the industry go-to-market dimension across the ~$9 billion commercial business unit, creating global growth strategies and expanding CSC's global footprint into offerings such as cloud, cybersecurity, and big data. Earlier, Romil was CEO of a data analytics-focused public company and had leadership roles at Kearney, Infosys, and Deloitte. Romil earned an MBA from The University of Texas at Austin and a Bachelor of Engineering degree from the Directorate of Marine Engineering & Technology in Kolkata, India. KORE is the global pure-play IoT hyperscaler and provider of IoT Connectivity, Solutions, and Analytics. Through a robust portfolio, they simplify the complexities of IoT by allowing their customers to Build, Deploy, Manage, and Scale IoT. KORE has a depth of solutions and experience offering products and services for their key verticals of Connected Health, Fleet, Industrial, Logistics, and Communications. Discover more about IoT at https://www.iotforall.com More about KORE Wireless: https://www.korewireless.com Connect with Romil: https://www.linkedin.com/in/romilbahl/ Key Questions and Topics from this Episode: (00:00) Welcome to the IoT For All Podcast (00:52) Introduction to Romil and KORE Wireless (02:26) Twilio IoT acquisition by KORE Wireless (07:37) IoT market conditions and consolidation (11:07) What is a hyperscaler? (14:47) What makes certain IoT companies succeed? (19:55) Challenges in the IoT market (24:14) Success model for IoT companies in the future (26:37) Learn more and follow up SUBSCRIBE TO THE CHANNEL: https://bit.ly/2NlcEwm Join Our Newsletter: https://www.iotforall.com/iot-newsletter Follow Us on Twitter: https://twitter.com/iotforall Check out the IoT For All Media Network: https://www.iotforall.com/podcast-overview