Altron teams up with Huawei to find solutions via IoT
CEO Mteto Nyati wants the group's Netstar business to move beyond vehicle recovery and fleet management
JSE-listed technology group Altron said on Wednesday it had signed an agreement with Chinese telecommunications giant Huawei Technologies to develop their internet of things (IoT) offerings. Altron, which has sold its manufacturing assets so that it can focus purely on information and communications technology (ICT), sees IoT as a key growth area going forward, according to CEO Mteto Nyati. IoT refers to networks of physical devices that use sensors to connect and transfer data over the internet. ICT groups and network operators such as Vodacom and MTN predict strong growth in the IoT market. Nyati said recently he wanted Altron’s Netstar unit to move beyond vehicle recovery and fleet management into other IoT segments. In August, Netstar signed an IoT agreement with Dark Fibre Africa’s SqwidNet. Altron said in a statement on Wednesday the partnership with Huawei would see the two companies combine their expertise “to deliver tangible and real IoT solutions for businesses in SA and ...
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