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Unlimit opens centre in Bengaluru for innovations in IoT

Business Finance

IANS  |  Bengaluru 

Leading Internet of Things (IoT) service provider Unlimit of the Reliance ADA Group on Thursday opened its research and development (R&D) centre in this tech hub for innovations in the IoT domain.

"The R&D centre will focus on customised projects, supply chain, connected vehicles and industry 4.0," said the Mumbai-based company in a statement here.

The three-year-old subsidiary has about 500 certified partners across the country to provide IoT offerings from managed connectivity to device management and application platform to any form of analytics.

"The centre will play a key role in our expansion strategy to generate $200 million (Rs 1,380 crore) revenue by 2020," said the statement.

The company has partnered with IoT stakeholders such as BSNL, Cisco Jasper, PTC, Software AG Cumulocity IoT, and IBM Watson IoT to provide IoT solutions in automotive, industry 4.0 and supply chain.

"As it is imperative to be at the forefront of innovation in IoT services, the centre will help us to be part of a larger ecosystem and bring us closer to customers, vendors and employees," said Unlimit Chief Executive Juergen Hase in the statement.

The company's mission is to digitally transform its customers' business models and drive value by offering a comprehensive IoT platform.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, May 09 2019. 18:48 IST