SK Telecom on Wednesday commercially launched its open standards-based Internet of Things (IoT) platform.

Called ThingPlug, it aims to foster growth in the IoT ecosystem by using the globally recognised oneM2M standard, which has been in development for several years and saw the release of its first 10 specifications in February. SK Telecom completed developing its platform in December 2014 and has since been busy prepping it for commercial deployment.

ThingPlug & quot;allows anyone to develop an IoT service, leading to the creation of a truly enriched IoT ecosystem that brings increased value and convenience to developers across the globe," said SK Telecom CTO Alex Jinsung Choi, in a statement.

"To this end, we will not only work closely with the local governments, solution developers and technology institutes in Korea, but also join hands with IoT players around the world," he said.

In addition to backing the oneM2M standard, SK Telecom also developed South Korea’s first M2M platform in 2008, which underpinned government-led services such as smart metering. It followed this up with an open M2M platform in 2012.

SK Telecom is also a founding member of the Bridge M2M Alliance, an Asia-Pacific-focused industry group tasked with simplifying the deployment of multinational M2M services.

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