Spark and Adroit announce investment that will boost opportunities for NZ businesses through IoT
Today Spark New Zealand and leading environmental Internet of Things (IoT) provider Adroit announced that Spark will take a significant shareholding in Adroit, which will boost both organisations’ potential to support customers with innovative IoT solutions. Adroit will also appoint two Spark-nominated directors on their five-person Board.
Tony Agar, Spark IoT Lead, is excited about the possibilities the expanded partnership will offer to New Zealand businesses.
Mark Beder, Spark Technology Director, says this strategic investment into Adroit reinforces Spark’s commitment to IoT as a key future growth market for the business.
“Our three-year strategy identifies IoT as a key future market, and in the last financial year Spark’s IoT connections grew 83%. We hope this significant investment in Adroit will enable us to accelerate this growth even further.”