Rogers to deliver cloud-based data analytics solution to business customers this year
New Wireless Innovation Centre in Toronto contributes to accelerating innovation and adoption of connected wireless technology in Canada
TORONTO, Jan. 28, 2013 /CNW/ - Rogers Communications announced today that it expects to power over one million Machine-to-Machine connections and that it will bring a cloud-based hosted data analytics offering to market before the end of this year. The company plans to grow its traditional M2M business to include big data and analytics as well as professional and managed services, and expects the market revenue for the overall M2M ecosystem in Canada will reach $1 billion in the next three years.
At a roundtable discussion today at the new Toronto Rogers Wireless Innovation Centre, Nadir Mohamed, Rogers President and CEO, was joined by SAP and leaders from Canadian healthcare and retail industries including Women's College Hospital and Canadian Tire. The discussion focused on the impact connected technology and the ability to tap into big data and analytics will have on Canadian businesses and consumers.
"Internet is the foundation for a truly digital world and as our lives become increasingly connected we will see an explosion of valuable data for businesses, governments, healthcare providers and consumers," said Nadir Mohamed, Rogers President and CEO. "As a business, we expect to surpass one million M2M connections before end of year. To position Canada at the forefront, we are making investments in networks, strategic partnerships, and big data and analytics platforms to build a robust ecosystem that will power a connected future for Canada."
As part of its commitment to accelerate the adoption and development of connected technology, Rogers has opened a new Wireless Innovation Centre in Toronto. The space provides an interactive experience with the latest machine-to-machine (M2M) technology and enterprise mobility applications from partners. Solutions showcased include wireless asset tracking, wireless backup connectivity, digital signage, video surveillance, point of sale and data analytics applications. Hands-on demos of technology that businesses and consumers use today are also featured including ATMs, parking meters and GPS locating tools. Rogers expects vertical industries will increasingly embrace these types of connected solutions - particularly healthcare, retail, transportation, energy and utilities.
"The future of enterprise mobility is about bringing together connected, mobile devices with applications that allow crucial data to be gathered," said Tony Olvet, Group Vice President, IDC Canada. "Rogers is contributing to the advancement and growth of Canada's wireless industry by not only investing in network technology, but also resources to support and drive innovation."
In addition to Toronto, Rogers has also opened Wireless Innovation Centres in both Montreal and in Vancouver. To learn more about Rogers M2M business, visit www.rogersm2mbusiness.com.
Caution Regarding Forward-Looking Statements, Risks and Assumptions: This release includes "forward-looking information" within the meaning of applicable securities laws and assumptions concerning the expected continued deployment of M2M connections and entry into cloud-based hosted data analytics as detailed above. We caution that all forward-looking information is inherently subject to change and uncertainty and that actual results may differ materially from those expressed or implied by the forward-looking information. A number of risks, uncertainties and other factors could cause actual results and events to differ materially from those expressed or implied in the forward-looking information or could cause our current objectives, strategies and intentions to change, including but not limited to customer acceptance and adoption, technology advances and arrangements with certain technology suppliers, and the potential emergence of competing offerings. Many of these factors are beyond our control and current expectation or knowledge. Should one or more of these risks, uncertainties or other factors materialize, our objectives, strategies or intentions change, or any other factors or assumptions underlying the forward-looking information prove incorrect, our actual results and our plans could vary significantly from what we currently foresee. Accordingly, we warn investors to exercise caution when considering statements containing forward-looking information and that it would be unreasonable to rely on such statements as creating legal rights regarding our future results or plans. We are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information, the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law. All of the forward-looking information in this earnings release is qualified by the cautionary statements herein.
About Rogers Communications
Rogers Communications is a diversified Canadian communications and media company. We are Canada's largest provider of wireless voice and data communications services and one of Canada's leading providers of cable television, high speed Internet and telephony services. Through Rogers Media we are engaged in radio and television broadcasting, televised shopping, magazines and trade publications, sports entertainment, and digital media. We are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For further information about the Rogers group of companies, please visit rogers.com.
SOURCE: Rogers Communications Inc.
For further information:
Allison Fitton, Rogers Communications