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Telit Cinterion Enters New Phase In Its Accelerated Growth Roadmap, Hires Samuel Cochrane As CFO

Jun 01, 2023about 2 years ago

Position

Chief Financial Officer

Company

Telit

Samuel Cochrane
IrvineWirelessHardwareInformation TechnologySoftware

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

Company Information

Company

Telit

Location

Irvine, California, United States

About

We help our customers and partners who require best-in-class Internet of Things (IoT) performance. Our engineering practices and design methodologies exceed stringent environmental requirements and industry standards. Our IoT experts have pioneered an end-to-end system approach to ensure everything works together when connecting devices. We enable businesses to manage IoT devices, connectivity and everything in between.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months