Pelion

The core of Pelion's business is providing global cellular connectivity and managed services for IoT deployments. The business model is designed to simplify IoT connectivity for enterprise clients by offering a single, multi-network IoT SIM card with access to over 600 carriers in more than 150 countries. This approach is intended to solve common challenges such as coverage limitations, unreliable connections, and high roaming fees that businesses face when deploying IoT devices on a local or global scale. Revenue is generated through flexible, customizable connectivity plans, marketed as "Pelion Plans," which allow businesses to tailor data allowances, pricing, and support levels to their specific needs. The company serves over 1,000 enterprise clients across a diverse range of industries, including fleet management, smart cities, healthcare, EV charging, and industrial infrastructure.

Pelion's primary service revolves around its IoT eSIM, which is an eUICC (embedded Universal Integrated Circuit Card) enabled SIM. This technology allows for the storage of multiple mobile network operator profiles on a single SIM, enabling devices to switch between networks seamlessly. A key benefit is enhanced reliability and resilience; if one network experiences an outage, the device can automatically connect to another available carrier, contributing to a service uptime of 99.995%. Clients manage their entire fleet of SIMs through the Pelion Portal, a centralized platform for ordering and updating SIMs over-the-air, monitoring data usage, controlling costs, and troubleshooting. This combination of multi-network SIMs and a powerful management platform provides businesses with the flexibility and control needed to scale their IoT deployments securely and efficiently.