August 20, 2019
Due to organizational growth and the importance of the APAC region for Telenor Group and Telenor Connexion, the CSO function of Telenor Connexion has now been split into two new roles: Chief Sales Officer APAC and Chief Sales Officer EMEA&Americas.
Today, August 20, 2019, Telenor Connexion announced the appointment of Seth Ryding as the new Chief Sales Officer for region APAC. In this new role, Ryding will be responsible for the leadership of Telenor Connexion’s team in APAC, sourcing new business opportunities in the region and developing the already established customer portfolio. In addition, Ryding will also take a seat on Telenor Connexion’s management team, reporting to the CEO, Mats Lundquist.
Speaking of the announcement, Lundquist says: “As Head of Region Asia Pacific, Seth has successfully managed Telenor Connexion’s operations in APAC for over two years and during that time has helped enable our operations to grow throughout the region.
“Seth takes on this new role at a time when Telenor Connexion in APAC is well positioned for continued growth. With this new appointment, the team throughout the region is fully geared towards leveraging on the significant market opportunities that exist there now and in the future.”
The recruitment process for CSO EMEA&Americas is ongoing and will be concluded during H2, 2019.
Ryding, who assumed his new role on July 3, 2019, is based in Singapore and has been Head of Region Asia Pacific for Telenor Connexion since January 2017. Prior to this role, he held different positions within sales, marketing and operations in Sweden and Myanmar for Telenor Group. Across his various roles, Ryding has helped customers transform their operations by fully leveraging on the benefits of digital, fixed and mobile technologies as well as IoT innovation.
Over the coming years APAC is expected to become the top market in IoT adoption, as the region scales up the use of connected devices in key sectors. Analysts group Berg Insight forecasts that the number of cellular IoT subscribers in APAC will grow at a compound annual growth rate (CAGR) of 57.8 percent in the next five years to reach 8.1 billion by 2023. Much of this growth will be led by China. The creation of the new Chief Sales Officer role for APAC will ensure Telenor Connexion, a leading global provider of IoT solutions, is uniquely positioned to best serve the region and its customers.
Speaking of his appointment and of the opportunities in the region, Ryding says: “I look forward to continue driving and expanding the great work being done by the APAC team in order to build and scale strong partnerships with our customers as well as continuing the localization by Telenor Connexion in what is one of the most exciting and fast developing IoT markets in the world.”
NOTES TO EDITORS
About Telenor Connexion
Telenor Connexion is the specialized IoT company within the Telenor Group, one of the world’s major mobile operators. Building on almost 20 years of experience, Telenor Connexion provides global IoT connectivity and cloud services to enterprises with large fleets of connected devices as well as third-party service providers.
Telenor Connexion manages more than 10 million connected things in more than 180 countries for global customers including Volvo, Scania, Hitachi, Verisure Securitas Direct and Husqvarna. With headquarters and tech centre located in Sweden, the company has regional sales representation in the UK, US, Germany, Italy, South Africa, Singapore, South Korea, China, Malaysia and Japan.
Founded in 2008, Telenor Connexion has its headquarters in Stockholm, Sweden.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Maria Willander, Head of Marketing
Phone: +46 (0) 708 33 18 25
E-mail: [email protected]
Cristoff Martin, CMO
Phone: +46 73 441 73 17
E-mail: [email protected]