Reliance Group’s IoT (Internet of Things) business unit ‘Unlimit’ (launched last year), and global IoT software provider ‘Cumulocity‘ has teamed up to roll out a suite of new products and services on a new platform called ‘#Enablement‘.
Enablement will allow us to connect any device over any network, and manage and store asset data. This can be controlled in real-time by monitoring device availability and administering and rectifying device faults.
The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
The newly launched product line will showcase off-the-shelf applications for key verticals such as industrial automation, healthcare, financial services and asset tracking, and can be used across the globe and/or tailored to suit the unique demands of the Indian market.
Mr Juergen Hase, chief executive officer of Unlimit, said, “With the number of connected devices in India projected to rise from 200 million today to 3 billion by 2020, nearly every part of the economy will be positively impacted by IoT. We are delighted to partner with Cumulocity to launch our new platform ‘Enablement’ and unlock the full potential of the Internet of Things for our customers and make the benefits of IoT virtually unlimited.”
The partnership extends Unlimit’s connectivity offerings, with Cumulocity’s advanced IoT application and the ‘Enablement’ platform. The combined offering will enable Unlimit’s customers to benefit from rapid machine, sensor and device integration, as well as data collection and real-time analytics for condition monitoring.
The Indian market has the perfect ecosystem to fully exploit the benefits of IoT with the necessity to efficiently manage public and commercial services for a large number of diverse consumers and enterprises at an affordable cost. Recent analyst reports predict that IoT will grow at a CAGR of 28% over the next 5 years, which may result in technologically leapfrogging even established economies. Early benefits are anticipated in many sectors such as transport, wellness, healthcare, buildings, homes, factories, agriculture, livestock, electric grids and water supply networks.
According to Bernd Gross, Chief Executive Officer, Cumulocity, Enablement will provide everyone in India with a mobile phone the capability of rapidly building, securing and deploying their own state-of-the-art IoT solution in an extremely cost-efficient way.