Telit Cinterion Enters New Phase In Its Accelerated Growth Roadmap, Hires Samuel Cochrane As CFO
Position
Chief Financial Officer
Company
Telit
Description
Telit Cinterion, a global enabler of the intelligent edge, today announced its near completion of a successful integration of Telit, Cinterion, and Mobilogix into the new Telit Cinterion, and its innovative model for IoT enablement that is fully prêt-à-porter. With the key milestone achieved, the company quickly moves forward with the execution of its growth roadmap that leads to global leadership enabling the digital transformation market which is estimated by Fortune Business Insights™ to reach 6.8 trillion dollars by 2029, growing at a CAGR of nearly 21% from 2022. According to the analyst, the expected high growth rate is due to the rising adoption and investment in cloud infrastructure, IoT, and 5G; all of which are streamlined into ready to use offerings from the new Telit Cinterion.","Samuel Cochrane joins the Telit Cinterion executive team on June 1st, bringing experience from a successful career in the technology space, and specifically IoT