What Stream Technologies does

Pelion (operating under the legal entity Stream Technologies) is a managed IoT connectivity provider and an operating entity within Arm's IoT services portfolio. The company sells global cellular connectivity to enterprises deploying IoT devices, anchored by eUICC-enabled multi-network IoT SIM cards that support remote provisioning and over-the-air (OTA) updates, eliminating the physical SIM-swap cycle. Connectivity is delivered over 4G/LTE, 5G, NB-IoT, and CAT-M1/LTE-M, with claimed access to more than 600 networks across more than 150 countries through direct carrier partnerships with AT&T, Verizon, Vodafone, Three (CK Hutchison), Tele2, and Tellus.

The product portfolio extends beyond connectivity to a software platform. The Pelion Portal is a centralized connectivity management tool for SIM fleet visibility, usage monitoring, spend controls, and OTA updates. Pelion also offers APIs and cloud integrations, IoT security (VPN and dual IPsec tunneling), monitoring and reporting modules, reliability/uptime tooling, and a Consumer eSIM for IoT product targeting eSIM-only devices. Solution pages are organized both by need (roaming, high and low bandwidth, cellular fallback and resiliency, global deployments, SIM migration, 2G/3G sunset) and by vertical (Transport, Asset Tracking & Logistics, Fleet Management, EV Charging, Energy & Utilities, Industrial IoT, Smart Cities & Security, POS & Retail, Healthcare, Micromobility), indicating a vertical-segmented go-to-market layered on top of a horizontal connectivity platform.

Pelion operates as a private company, generating revenue primarily through subscription-based managed connectivity services with usage-based and tiered pricing structured to data volume and coverage requirements. Distribution combines direct enterprise sales ("Talk to our experts"), a digital self-serve free trial pathway for evaluation, and carrier channels for global reach. Pricing is not publicly disclosed; enterprise plans are quote-based, typically billed annually. The company holds UK-based accreditations (Intertek, UKAS, Cyber Essentials) and maintains a developer documentation site at help.pelion.com alongside corporate presence on LinkedIn and YouTube.

Name

Stream Technologies

Website

https://stream-technologies.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Pelion is a managed IoT connectivity provider (operating under Stream Technologies, part of Arm's IoT services portfolio) selling eUICC-enabled multi-network SIMs and a connectivity management portal to enterprises deploying IoT devices across 150+ countries via partnerships with AT&T, Verizon, Vodafone, and other carriers.

Ownership category

akta.pro rank

Product category

Managed IoT Connectivity

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112), Telecommunications Resellers (517121)

SIC

Communications Services, Nec (4899)

akta.pro primary industry

IoT Connectivity Management (Private APN, SIM/eSIM, Device Connectivity) (HDAIAGAG)

akta.pro secondary industry

Carrier Ethernet & Wavelength Wholesale (E-Line/E-LAN, OTN, lambda) (HDAIAEAB)

Keywords

• Managed IoT connectivity
• Global IoT SIM cards
• EUICC SIM management
• IoT connectivity platform
• Cellular IoT roaming

Headquarters

HQ city

Glasgow

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Managed IoT Connectivity Services: Pelion generates revenue through managed IoT connectivity services, providing cellular connectivity via eUICC IoT SIMs with access to 600+ global networks. Revenue is derived from connectivity subscriptions with usage-based and tiered pricing models based on data volumes and coverage requirements.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels10 records

Core offering

Stream Technologies, doing business as Pelion, provides managed cellular IoT connectivity through eUICC-enabled multi-network SIM cards paired with the cloud-based Pelion Portal for centralized SIM lifecycle management. The service delivers access to more than 600 networks across 150+ countries with support for 4G/LTE, 5G, NB-IoT, and CAT-M1/LTE-M standards, plus security (VPN/IPsec), APIs, monitoring, and managed support services for enterprise and mid-market IoT deployments.

Product overview

Pelion IoT is a unified IoT connectivity management platform providing a comprehensive portfolio of managed connectivity services and tools. The core offering consists of eUICC-enabled Global IoT SIM cards (available in multiple form factors including embedded solutions) paired with the Pelion Portal for centralized connectivity management. The platform delivers access to 600+ networks across 150+ countries using cellular standards including 4G/LTE, 5G, NB-IoT, and CAT-M1/LTE-M. Additional products include Consumer eSIM for IoT devices, IoT Security Solutions (VPN/Dual IPsec), and IoT Monitoring & Reporting. The company offers solutions tailored by need (roaming, bandwidth, resiliency, migration) and by industry vertical (Transport, Asset Tracking & Logistics, Fleet Management, EV Charging, Energy & Utilities, Industrial IoT, Smart Cities & Security, Point of Sale & Retail, Healthcare, Micromobility). Managed support services including pre-deployment testing and tiered support plans complement the technical offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Managed IoT Connectivity Fully managed enterprise IoT connectivity service providing global multi-network coverage across 600+ networks in 150+ countries, with support for 4G/LTE, 5G, NB-IoT, and CAT-M1/LTE-M cellular standards. Delivered through eUICC-enabled SIMs and managed via the Pelion Portal.
• Global IoT SIM Multi-network IoT SIM cards supporting multiple form factors including embedded solutions. eUICC-enabled for remote profile management and over-the-air updates, enabling a single APN and worldwide connectivity without physical SIM swaps.
• Consumer eSIM for IoT Connectivity solution designed for eSIM-only consumer-grade IoT devices, allowing IoT deployments onto consumer eSIM hardware without traditional SIM slots.
• Pelion Portal Central connectivity management portal providing full visibility and control over IoT SIMs, including OTA updates, usage monitoring, and spend management with real-time statistics.
• IoT Security Solutions Secure device access via VPN and dual IPsec tunneling infrastructure to protect IoT device communications.
• IoT Roaming International IoT roaming solution enabling devices to maintain connectivity across global cellular networks through carrier partnerships.
• High Bandwidth Connectivity High bandwidth cellular connectivity solution for IoT applications requiring substantial data throughput across supported cellular standards.
• Low Bandwidth Connectivity Low bandwidth cellular connectivity solution optimized for IoT devices with minimal data requirements, including metering and telemetry use cases.
• Cellular Fallback & Resiliency Backup connectivity solution ensuring continuous operation through automatic failover between cellular networks for high-availability deployments.
• Global IoT Deployments End-to-end solution for managing large-scale global IoT device deployments across multiple regions and carrier networks.
• IoT SIM Migration Migration service enabling businesses to switch from existing IoT connectivity providers to Pelion, leveraging eUICC for remote profile swaps.
• Managed IoT Support Expert managed support services including pre-deployment testing and ongoing technical assistance for IoT deployments.
• Pre-Deployment Testing Testing service to validate IoT device performance and cellular connectivity behavior before full-scale deployment.
• Support Plans Tiered support plans providing varying levels of technical assistance and service guarantees for Pelion IoT customers.

Quantifiable outcome

• 600+ networks available across 150+ countries

Segments10 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• AT&TcoreTechnology or IntegrationAT&T is a key network carrier partner providing cellular connectivity infrastructure for Pelion's IoT services across the United States and global roaming agreements.
• VerizoncoreTechnology or IntegrationVerizon provides cellular network access for Pelion IoT connectivity services, enabling enterprise customers to leverage Verizon's network infrastructure.
• VodafonecoreTechnology or IntegrationVodafone is a global carrier partner offering wide-ranging cellular coverage for Pelion's international IoT deployments.
• Three (CK Hutchison)coreTechnology or IntegrationThree mobile network provides additional coverage and capacity for Pelion IoT connectivity services in supported markets.
• Tele2coreTechnology or IntegrationTele2 provides cellular network connectivity for Pelion IoT services, expanding coverage options in European and international markets.
• TelluscoreTechnology or IntegrationTellus is a carrier partner providing additional network coverage and connectivity options for Pelion's IoT platform.

Scale indicators1 record

Recent moves5 records

Expansion highlights6 records

Regional players

• Tata Communications MOVE: Tata Communications MOVE provides global IoT connectivity and managed mobility services with strong presence in India, APAC, and emerging markets. It competes with Pelion in multi-region enterprise IoT deployments, particularly in regions where Tata has carrier advantages.

Direct peers

• Eseye: Eseye offers global IoT connectivity with multi-IMSI SIMs, eUICC, and a device management platform aimed at enterprise IoT deployments. It is a direct competitor to Pelion in managed multi-network IoT connectivity.
• Twilio (Super SIM): Twilio's Super SIM product is a multi-carrier IoT connectivity offering with global coverage and programmatic APIs for IoT device fleets. It competes with Pelion in developer-friendly managed IoT connectivity.
• 1NCE: 1NCE provides global IoT connectivity as a flat-rate managed service with multi-network cellular SIMs and a connectivity management platform. It targets similar enterprise and mid-market IoT customers as Pelion.
• Aeris Communications: Aeris provides managed IoT connectivity services, multi-network cellular coverage, and the Aeris IoT Accelerator platform for fleet, asset, and industrial deployments. It competes directly with Pelion in enterprise IoT connectivity management.
• KORE Wireless: KORE Wireless is a managed IoT connectivity provider offering cellular, LTE-M, NB-IoT, and satellite connectivity with a connectivity management platform. It serves similar verticals (fleet, asset tracking, healthcare) and competes directly with Pelion.
• Soracom: Soracom is a leading IoT connectivity platform offering multi-carrier cellular SIMs, eSIM/eUICC, and a cloud-native connectivity management portal with global coverage. It directly competes with Pelion in providing managed IoT connectivity for enterprise and developer customers.
• Hologram (Telnyx IoT): Hologram (now part of Telnyx) provides cellular IoT connectivity with multi-network SIMs, eUICC, and a developer-oriented connectivity management dashboard. It is a direct competitor to Pelion for SMB and enterprise IoT deployments.

Broad incumbents

• Vodafone IoT: Vodafone IoT is a global carrier-offered IoT connectivity service with managed connectivity platforms and global cellular coverage. As one of Pelion's carrier partners, it is also a competing provider through its direct enterprise IoT offering.
• Cisco (IoT Control Center, ex-Jasper): Cisco's IoT Control Center (built on Jasper) is a leading enterprise IoT connectivity management platform used by major carriers and large enterprises. It overlaps with Pelion in IoT connectivity management but operates at much larger scale as part of Cisco's broader networking portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@PelionIoT
• LinkedInlinkedin.com/company/stream-communications
• Xx.com/streamtechltd
• Facebookfacebook.com/streamtechuk

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stream Technologies