Milvik Competitors

The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world free of poverty on a livable planet. We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries. Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID). Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.

For more than 20 years, we’ve helped enterprises connect and manage millions of devices worldwide. The result is long-term partnerships, reliable and secure operations, and customer satisfaction that consistently ranks among the highest in the industry. Backed by the stability of Telenor Group, we combine technical leadership with deep in-house IoT expertise. Our customers are supported by experienced specialists who work hands-on, stay close, and take responsibility from design to scale. As Telenor Group’s dedicated IoT organization, we support global leaders such as Volvo, Scania, Hitachi, Verisure and Great Wall Motors in building secure, scalable and future-ready IoT solutions.

Building a world free from all forms of exploitation and discrimination where everyone has the opportunity to realise their potential.