Soracom Announces New Volume Pricing for Affordable, Predictable IoT Connectivity

Up to 39% reduced cost with volume simplifies IoT scaling from prototype to wide deployment

MENLO PARK, Calif., May 16, 2018 (GLOBE NEWSWIRE) -- Soracom, Inc., today announced a new, lower U.S. and Canada fee structure for SORACOM Air, the commitment-free, pay-as-you-go cellular Connectivity-as-a-Service for IoT, delivering cost reductions of up to 39% as customer data use increases.

Kenta Yasukawa, co-founder and CTO of SORACOM, described the new fee structure in a talk today at #IoTWorld in Santa Clara. Effective from June 1, 2018, the new price schedule immediately reduces the cost of cellular data, automatically lowers connection cost when a customer passes the 100 device level, and offers data fees on a sliding scale based on aggregate monthly data volume.

Standard 2G/3G/LTE data costs will be reduced by nearly 10% for connections in the U.S. and 20% for connections in Canada. As pooled data use across a customer's network of SIM cards increases, per-MB volume discounts of up to 39% off current rates will be applied automatically.

“Soracom’s goal is to make IoT development easy and predictable, from proof-of-concept through full deployment at any scale,” said Yasukawa. “We now support over 10,000 customers, and as our user base has grown, our ability to make IoT connectivity more affordable has grown as well. We are committed to returning that benefit to our customers at every opportunity.”

"Soracom’s volume pricing plan has helped us manage costs as we rapidly scale our internet-connected smart-home systems across the United States," said Brad Bonney, Head of Home Experience at San Francisco-based real estate technology startup, Opendoor.

In the U.S., the base cost for all data use below 250MB per month will be reduced from $0.08/MB to $0.073/MB, and automatic volume discounts will be applied in tiers, beginning at 250MB, with data cost falling to $0.047/MB for usage beyond 1GB. Canada pricing will follow a similar model, with data cost falling to $0.13/MB at the highest volume tier.

About Soracom
Soracom is the market-leading platform for cloud-native IoT connectivity. We provide customers and partners across industries with the tools they need to connect, protect, control and coordinate their IoT deployments at speed and at scale. Launched as a venture-backed company in 2015, Soracom was acquired by mobile operator KDDI in August, 2017, greatly expanding the company’s resources for global expansion.  More information is available at Soracom’s web site and the Soracom blog.

Media Contacts: 
Matt Schmidt, Small Planet Public Relations     Jake Martin                                       
matt(at)smallplanetpr.comSoracom Global