HCL Tech partners IBM for 'Internet of Things'

Image
Press Trust of India New Delhi
Last Updated : Sep 16 2015 | 5:22 PM IST
Country's fourth-largest software services firm HCL Technologies today said it will collaborate with global tech giant IBM to jointly develop solutions for Internet of Things (IoT).
They will focus on specific verticals, including industrial, manufacturing and smart facilities to co-develop solutions around 'Connected Products and Operations' like remote monitoring, smart inventory management, smart building and facilities management, a statement said.
The two companies will also set up an incubation centre in Noida to develop these solutions for the chosen industries, it added.
IoT is described as a network of inter-connected devices that can be accessed through the internet.
For instance, with IoT, street lights will automatically go off when they sense no traffic on the roads and consequently, save power. Another application could be a smart band that will automatically alert a physician when body vitals go to abnormal levels.
Through the joint efforts, the two companies will enable seamless integration of device, connectivity, data platform and analytics for organisations globally to address complex enterprise and industrial IoT challenges, the statement said.
"The intersection of employees, data and technology enabled intelligent machines is creating fundamental shifts in enterprise business models, leading to not only increased productivity and efficiency but also opening a plethora of new revenue opportunities for companies," HCL technologies EVP (Engineering and R&D services) and Head (IoT Business) Sukamal Banerjee said.
The partnership with IBM will provide replicable use cases for companies and enable accelerated adoption of IoT within and across industries, he added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 16 2015 | 5:22 PM IST

Next Story