Pareteum Corporation announced that its Global Mobility Cloud Platform now supports advanced messaging functionality required by internet-enabled and connected devices and that it has added Pronto Telecommunications, a converged voice and data applications solution provider serving Telcos, ISPs, Cable Operators and other Service Providers, to its list of resale partners. The Pareteum Global Mobility Cloud platform now supports Internet of Things and Machine to Machine services as used in business and industrial automation monitoring and sensor systems, wireless connectivity for automobiles, utility meters, and health monitoring devices. Pronto intends to utilize Pareteum's platform to provide new global communications products and services including connectivity for IoT and M2M applications being deployed by its telecommunications and networking solution provider customers as well as end users such as government agencies and multinational enterprises. According to data from Research and Markets and Berg Insight, over the next five years, the installed base of cellular M2M devices is projected to grow at a compound annual growth rate (CAGR) of 22.9% and that the 1 billion milestone for cellular M2M subscribers will be reached in 2022.