"Many of the most exciting new M2M applications are being developed by smaller firms, and this offering will accelerate those innovations worldwide." "Telefónica Digital is pleased to be working with Telit on this exciting and revolutionary new market approach. The strength of Telefónica's Global M2M proposition combined with Telit's leading market position and solution portfolio will provide a unique approach to M2M providers and customers worldwide and create a genuine competitive advantage in their marketplace," said Carlos Morales, Global MD, M2M, Cloud & Applications, Telefónica Digital. The new service is designed to enable M2M service providers and application developers to bring solutions more quickly to market with technical support over the entire product lifecycle, enhanced monitoring capabilities, efficient real-time budget management, lower tariffs for fixed and mobile applications, and streamlined logistics, operations and deployments.