Monday, August 15, 2022
Monday, August 15, 2022
Home Business HMD Global’s Services business projects 1 million subscriptions in Q1 2022

HMD Global’s Services business projects 1 million subscriptions in Q1 2022

by James Musoba
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HMD Global is projecting that its Services business will see significant growth and scale in 2022 with a projected one million subscriptions to its suite of services in connectivity, EMM, IoT and security offerings in H1 2022.

The milestone positions the company for greater penetration into the enterprise space in the coming years. Industry veteran Janne Lehtosalo has overseen the growth of the HMD Global Services offering since its inception in Q4 2019 and will continue to build on these successes to launch the Services business into further accelerated and intelligent growth at scale in 2022 and beyond. Listening to and working in close collaboration with its enterprise customers across the globe has refined the HMD offering and the company is now a vital partner in these customers’ connectivity journeys.

In a statement, Florian Seiche, CEO, HMD Global said: “We see the Enterprise sector as a significant opportunity for growth for HMD Global in 2022 and beyond. Despite seeing significant expansion over the last year – and achieving HMD’s first full year of profitability [2] – we are setting our sights higher for the future. The positive response we have had from customers has been very encouraging, and the new scale of our offerings will see us expand further and faster without compromising on the exceptional level of service our clients come to expect from us.

 I am excited to announce that our services portfolio includes a secure device financing solution for smartphones and other devices. At HMD, we are bringing together these two ingredients, a high-quality smartphone experience and a financing solution which builds upon our mission to make modern mobile technology accessible to everyone.”

The one million subscriptions are split between the three core products (Connect Pro, Enable Pro, and Softlock) and are made up of IoT connections, EMM licences, and device lock licences. Building on its renowned portfolio of enterprise smartphones and tablets, the HMD Services offering has bolstered HMD’s enterprise capabilities to become a one-to-shop for complete enterprise mobility and IoT connectivity. Customers such as Nokia Enterprise Solutions, M-KOPA in Sub-Saharan African and Multilaser in Brazil have utilized HMD Services to give them the flexibility to rapidly scale their operations and drive business growth.

Janne Lehtosalo, Vice President of Services, HMD Global: Our range of enterprise IoT offerings has already made a significant impact on multiple industries including logistics, healthcare, and financial technology around the globe. Following the 1 million subscription milestone, we believe we will be better positioned to further grow our offering to more industries, better serve our existing clients, and bring new services to the market. We’re excited to have hit this inflection point and are proud that we are able to consistently offer our customers unparalleled services regardless of where they are on the globe.”

HMD Global currently employs over 700 people in 8 operating regions globally and are exploring the physical expansion of office space with a new specialist Central European office later this year.

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