Support for Armed Forces helps build careers in IoT
ATLANTA (June 23, 2023) – KORE, a global leader in Internet of Things (“IoT”) Solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, announced today their “Veterans in IoT’’ program, which aims to make it easier for veterans and reservists to build careers in IoT.
Earlier this month, KORE signed the Armed Forces Covenant, a pledge to help veterans find success after service - a daunting task for many service personnel who struggle to reacclimate to civilian life, or “civvy street” as it’s often referred.
Over 70 percent of Armed Forces veterans struggle to adjust to civilian working life, according to research from Openreach, the UK’s largest private sector Armed Forces employer. On average, it takes seven months for a veteran to find employment.
The issue also extends across the pond, with over 50 percent of U.S. service members unable to find employment after leaving active duty, according to a U.S. Chamber of Commerce Foundation study. Given today’s changing job landscape, many veterans have difficulty finding career paths as civilians; however, KORE is looking to change that.
With help from its HR programs in mentoring, career pathing, and volunteering, KORE is creating an easier path for veterans to lend their talents to the IoT sphere.
“Veterans bring a wealth of skills and knowledge to the workplace. Here at KORE, we have many veterans on our global IoT team,” KORE President and CEO Romil Bahl said. “KORE is honored to give back by creating an opportunity for them to bring their skills to the IoT family.”
More than 15,000 veterans enter civilian life each year, bringing with them a diverse range of backgrounds, training and education – all of which gives them applicable skills to thrive in the tech world, and at IoT companies like KORE.
Part of KORE’s “IoT for Good” initiative, “Veterans in IoT” also highlights the experience of veterans currently working for the company.
James Benson, former base civil engineer for the U.S. Air Force, and current member of KORE’s legal department, is excited to be a part of the mentorship program the company is launching for veterans joining its IoT workforce.
“When I joined the Air Force, I was assigned a unit sponsor, or a mentor, who helped me acclimate to life on base. It really made all the difference in the world,” Benson said. “At KORE, I’m excited to do the same for veterans joining our IoT family.”
As Richard Tuke, former service member and current Vice President of Sales with KORE EAP, said, “navigating civilian life after service can be tough. But initiatives like this make it easier for veterans to find career paths in growing fields like IoT and tech.”
KORE’s goal is to increase the number of veterans in their workforce by 50 percent over the next five years.
To learn more about KORE’s own Veterans in IoT, watch this video and visit www.armedforcescovenant.gov to pledge your support.
About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers’ business outcomes. For more information, visit korewireless.com.
KORE Investors Contact
Charley Brady
Vice President, Investor Relations
investors@korewireless.com
KORE Media Contact
Carla Deisenroth
Vice President, Strategy & Marketing
cdeisenroth@korewireless.com
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The Company’s expectation regarding the timing of the filing of the 10-K and the expectation of the effect of misstatements in prior financial periods are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The actual timing of the filing and the effect of the misstatements may differ significantly from the Company’s expectation due to a number of risks and uncertainties, including the Company and its independent auditors’ inability to complete the work required to file the Annual Report in the anticipated time frame.
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