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Velos IoT Group: Appointment of new CEO

Velos

Velos, a major supplier to the Internet of Things (IoT) connectivity sector, announces the appointment of Colin Chew as its new Chief Executive Officer.

As Graeme Millar’s successor, Colin Chew takes on the responsibilities at a time marked by key milestones under Graeme Millar’s leadership, including the spin-off from JT and the acquisitions of TopConnect and NextM2M. This leadership transition reflects the Board’s ongoing strategic plan for Velos by underscoring its commitment to growth and pursuit of leadership in the IoT space.

“The Board recognizes Graeme Millar’s ​​contributions during his time as CEO and wishes him every success for the future. Through our change in leadership, we expect to maintain our business momentum and further expand based on the strong foundation we have built over the past few years.”

“Velos is now excellently positioned to make further significant strides in the IoT industry. We are extremely pleased to welcome Colin Chew as our new CEO. With more than twenty years of experience in the IoT sector and a considerable reputation as an IoT expert, Colin Chew brings a wealth of knowledge to our company, spanning the areas of sales, marketing, product management and R&D.

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“Colin Chew’s outstanding career at Semtech, Sierra Wireless, IBM and Lucent Technologies makes him uniquely suited for this role. His expertise and visionary leadership are critical to advancing Velos as a pioneer in the IoT market. Under his leadership, we are prepared for further innovation and are ideally positioned to set new standards with our modern IoT technology.”

“I am extremely pleased to be joining Velos, a company that has established itself as a global player in the IoT connectivity sector. Looking to the future, I look forward not only to expanding Velos’ high standards of service, but also to unveiling exciting new developments.

“We are focused on numerous breakthrough innovations that will significantly improve our offering in the IoT connectivity sector. I look forward to presenting our ideas at the upcoming Mobile World Congress 2024 (MWC) in Barcelona.

“Our focus is on new industry standards to provide a customer-centric solution that offers a reliable, robust, scalable and secure connection. This is not just the next chapter for me and Velos, but a transformative moment for our industry as we lead the way in unlocking new opportunities in the IoT connectivity sector.”

Velos IoT is a global IoT connectivity solutions provider with extensive experience in providing services through proprietary core and roaming agreements. We support more than 17 million SIMs worldwide and provide connectivity solutions for businesses of all sizes – from small specialist businesses to large enterprises.

Whether your services require secure connectivity, low latency and global coverage, or your plan relies on SIM or eSIM, we can provide the agility, resilience and scalability for your growing business.

Thanks to our decades of experience and our strong financial base, you can rely on a team of more than 120 professionals. We offer more than 600 global networks, one of the most comprehensive LPWA network coverages on the market, and a proprietary connectivity management platform to monitor your devices. Velos IoT is committed to providing customers with sustainable, scalable, compliant and secure access to connectivity.

SOURCE: Businesswire