nTels Co., Ltd. (CEO JaeHee Shim), that provides solution and platform services to wired, wireless, communications, and broadcasting service providers, signed MOU with KETI (Korea Electronics Technology Institute) on June 30th for providing its open IoT (Internet of Things) platform.

Through this contract, NTELS is planning to lead the IoT market in the future by exchanging, transferring, and collaborating in the IoT platform technologies with KETI.

NTELS received “Best of the Best Award” at 2013 Korea SW Technology Awards with its product named N-ISE (nTels Integration Service Embedded Platform) and was recognized as one of the companies that provides the most advanced technology in the IoT industry. Recently, NTELS carried out various IoT businesses with several government organizations such as Korea Meteorological Administration, Ministry of Justice, and Ministry of Health and Welfare and was praised for its advanced core technology and operation capability.

In addition, NTELS is contributing to setting domestic and international IoT standards by participating in the oneM2M, the international standards council for M2M and IoT communications.

Based on its advanced technology and various business experiences, NTELS is expecting to broaden its IoT business boundary to other industry fields as well.