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Tata Communications betting big on IoT, to spend $100 million in 2-3 yrs

IoT is a huge potential area as a number of smart cities and services by governments are in the process of execution and adoption will happen fast

Press Trust of India  |  Kolkata 

Tata Communications

Communications Ltd is set to invest about $100 million in the (IoT), a digital space the company is betting big on in the next few years.

is a serious business and will become a significant revenue line for the firm going forward, Communications Senior Vice President and Head, Internet of Things, said.


He, however, did not disclose projected revenue numbers.

"There will be a lot of action over the next two to three years in We have tall ambitions. Overall investment over the next two to three years will be $100 million," Shridhar told PTI in a telephonic interview.

The Mumbai-based company has already rolled out its dedicated network in 38 cites across the country, along with a platform to manage the services that supports very low power consumption, he said.

"Low power consumption for devices with supporting platform and network is crucial for applications and solutions. We have conducted trials and tested networks and applications, and are ready with the ecosystem for services to be launched seamlessly in India," Shridhar said.

Communications will also expand its LoRa network in India by 2018, he said.

LoRa network is a low-power wide-area network (LPWAN), a powerful tool for mapping applications and urban planning at a low bit rate.

is a huge potential area as a number of smart cities and services by governments are in the process of execution and adoption will happen fast, Shridhar said.

He said over 10 pilot projects have already been executed for customers across segments like safety, including factory workers on shop floors, energy, customer services, lighting and asset protection.

Communications is focusing on the enterprise business, mostly in the B2B domain, and will be leveraging on first-mover advantage in building large networks and synchronising with robust platforms in association with global leaders, the company official added.

First Published: Fri, November 03 2017. 11:13 IST
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