At MWC 2017 Giesecke & Devrient presents its comprehensive wearable solutions offering for banks, mobile operators and OEMs
Munich (Germany), February 24, 2017 - G&D has established itself as one of the leading enablers of sophisticated functionality on wearable devices. Its wearable solutions conquer market challenges with a comprehensive approach that allow industry players to optimize cost and scale according to their needs and significantly reduce time to market. The already realized products based on the G&D wearable solutions range from simple wristbands for contactless payments through fitness trackers to credential deployment platforms to enable smart watches and 3rd party health or lifestyle products.
The market for wearables is growing rapidly and therefore shaping the consumer domain. International Data Corporation (IDC), reports that the worldwide wearable device market will reach a total of 215 million units shipped in 2019. In addition, the volume of transactions handled by wearables will grow from 3.1 billion $ in 2016 to 501 billion $ in 2021 (Source: Tractica).
G&D's offering capitalizes on its extensive experience in payment security, eSIM management and secure credential management to eliminate expensive and complex challenges of integration and deployment. The comprehensive end-to-end solution includes devices, services and platforms for different verticals. G&D partners with other industry leaders and OEMs to enable fully integrated and market-ready use cases. Typical applications include contactless payments, secure authentication, credential management and value add services such as ticketing, sporting events, logical and physical access, and enabling of a cash free community.
"Wearables are transforming consumers journey, seeing rapid growth as they put simplicity and convenience in the connected society", said Carsten Ahrens, Group Senior Vice President Global Marketing and Sales, Mobile Security at G&D. "To support this trend, secure transaction and data need to be ensured. We have more than 50 customers across verticals around the globe and an extensive portfolio of financial, mobile security solutions and services. Our wearable platform allows our customers to provide contactless and convenience services in a secure, cost effective and simple way and scale them more quickly."
G&D has a proven track record in supporting the development of smart hardware, especially wearables with its security expertise. In wearables, such as watches, fitness/wellness trackers, or accessories, payment functions are set to be integrated as a standard feature, and it is expected that this trend will expand to other devices. As security is paramount for payment applications, the protection of data and privacy is a must.
The seamless connection between the smart wearable and the consumer's mobile phone enables consumers to open and check their bank accounts, transfer money and conduct other account management services completely over the air (OTA). Further, several smart wearables may in future be shipped with embedded SIMs which can be activated from a smartphone allowing autonomous connectivity. Key advantages of the G&D functionality implementation support for wearables are the seamless integration, secure transactions and data and compliance to standards like EMVCo, MasterCard or VISA.
NTT DOCOMO selects the G&D AirOn solution for its eSIM consumer management deployment.
Munich (Germany), February 23, 2017 - Giesecke & Devrient is supplying NTT DOCOMO, INC. with an eSIM consumer management solution - AirOn v4.2 - for one of the world´s first commercial projects for eSIM management based on the latest GSMA RSP phase 2 specification, addressing consumer devices. The announcement underlines the long-standing partner relationship in eSIM management between G&D and NTT DOCOMO.
G&D´s AirOn v4.2 eSIM management solution for consumer devices is compliant with the latest GSMA Remote SIM Provisioning (RSP) phase 2 specification, and the sophisticated G&D eUICC SkySIM CX. It will simplify consumers onboarding and digital journey reducing the effort and user interaction to the minimum. With the AirOn platform, MNOs get a scalable performance to serve millions of customers during peak times. The download of an eSIM subscription is fast and takes only a few seconds. Full integration into the customer onboarding processes such as POS, or customer care is supported.
Smart Insights, the information technology research firm reports a huge market growth potential for eSIM in consumer devices, with 850 million eSIMs in handsets by 2020. eSIM management plays an important role for MNOs, as it enables to benefit from the increasing demand of new cellular subscriptions from connected consumer's electronics use cases. MNOs are the natural players to provide both instant and reliable connectivity as well as strong security to protect privacy and assets.
"G&D is a longtime partner for eSIM solutions with a strong expertise in eSIM projects. As the number of devices to be connected is growing exponentially, the G&D eSIM solutions allows us to flexibly and reliably serve consumers connect to mobile network by remotely activating without the need to get a physical SIM card. As it is interoperable and GSMA compliant we will be able to address both the M2M and consumer markets," said Kenichi Mori, Senior Vice President and General Manager from NTT DOCOMO Product Department. "
"The consumer market is a significant driver for eSIM and IoT in general. Today, G&D has more than 50 live and commercial eSIM management systems - both M2M and consumer," stated Carsten Ahrens, Group Senior Vice President Global Marketing and Sales, Mobile Security at G&D. "We are proud to be selected by NTT DOCOMO, one of the leading MNOs in the eSIM management environment. The long-term partnership with NTT in the M2M market, now expanded to the consumer management, shows that eSIM management is strategic in carriers' digital transformation. With our platform, operators can be more agile and scale quickly to the need of the IoT."
Giesecke & Devrient and Huawei OceanConnect cooperate on marketing and deployment of global Internet of Things (IoT) ecosystem
Munich (Germany) - G&D and Huawei have signed a Memorandum of Understanding (MoU) to join forces for global marketing and deployment of Internet of Things (IoT) solutions. Under the terms of the agreement G&D is providing its AirOn eSIM management solution to integrate with Huawei's open OceanConnect IoT ecosystem. The combined solution provides seamless connectivity services based on secure eSIM profile provisioning and enables Huawei worldwide users to flexibly connect to Mobile Network Operator (MNO) services of their choice. Meanwhile, Huawei OceanConnect IoT ecosystem helps G&D fully connect and control IoT devices.
The cooperation will create new opportunities of revenue growth for manufacturers in mobile connected industries that adopt IoT applications, such as connected cars, smart wearable devices and smart meters, by significantly reduce commercial deployment cost and enhance service experience for customers.
"With G&D's advanced experience in multitude of services, we are confident in realizing our vision in developing an IoT ecosystem and a fully connected world," said Guo Jin, IoT Domain Director, Cloud Core Network Product Line at Huawei. "By building an open IoT ecosystem, customers in the IoT market will benefit from the end-to-end service delivered."
"Huawei and G&D have proven successful partnership in the field of M2M since 2015, and we are very glad to expand our global cooperation to the IoT market," said Axel Deininger, G&D Group Senior Vice President. "Together we will provide secured flexible connectivity management for the growing connected devices in the market. The agreement opens a new chapter of the deepened partnership between two market leading companies."
G&D (hall 7, stand 7A41) will present the its products and services, including the latest eSIM consumer management solution at Mobile Word Congress (MWC) from 27 February to 2 March 2017 in Barcelona.