Press release -
Telenor Connexion and M2Cloud Sign MOU to Enhance Biopharma Cold Chain Logistics Solutions with IoT Services
Telenor Connexion and M2Cloud have signed an MOU to integrate Telenor’s IoT services into M2Cloud’s biopharma cold chain logistics solutions for global safety and efficiency.
On April 4, 2023, Telenor Connexion, a leading global provider of IoT services, and M2Cloud, a biopharma cold chain logistics service provider based in South Korea, signed a memorandum of understanding (MOU) to collaborate on business and marketing activities for the integration of Telenor Connexion’s IoT services into M2Cloud’s cold chain service.
The partnership aims to enhance the safety and efficiency of biopharmaceutical supply chains globally by leveraging Telenor Connexion’s Managed Connectivity and M2Cloud’s cold chain services.
Under the terms of the MOU, Telenor Connexion and M2Cloud will work together to provide customers with a reliable and secure way to track the safety of biopharmaceutical supplies worldwide. Telenor Connexion’s Managed Connectivity enables M2Cloud’s customers to conveniently and securely access over 500 mobile networks worldwide, all while taking advantage of convenient local presence in South Korea and across the APAC region.
The MOU was signed in a ceremony in Seoul, Korea, on April 4th, 2023, by Mr Seth Ryding, CSO Global at Telenor Connexion, and Mr. Jinsoo Moon, CEO of M2Cloud.
About Telenor IoT
Telenor IoT is the portfolio of IoT solutions from Telenor Group, one of the world’s major mobile operators. With more than 20 years’ experience of providing global IoT connectivity, cloud services and expert support to companies of all sizes, Telenor is one of the world’s most advanced IoT solution providers.
Telenor IoT manages international IoT deployments for global customers in some 200 countries and today operates more than 20 million connected devices to enterprises such as Volvo, Scania, Hitachi, Verisure Securitas Direct and Husqvarna.
The IoT solutions are offered to national customers in the Nordics through the local Telenor operations in each country, and on a global level through Telenor Connexion, Telenor’s specialized unit that provides IoT solutions for large, international enterprises who need a customized offer with advanced support.
M2Cloud provide a cold chain monitoring service for hospitals, pharmaceutical manufacturers, and wholesalers. The company has been selected by the KDCA (Korea Disease Control Prevention Agency) to build and operate a COVID-19 Vaccine integrated logistics system and has been awarded as a leading ICT digital transformation company for its contribution to the national vaccination project through successful system implementation and stable service.
It is the first company in Korea to own an IoT Security System that satisfies IoT security testing, such as stability, integrity, security, and unauthorized manipulation defense, certified by KISA, the Korea Internet & Security Agency.