Mumbai: Tapping into the growing potential of the Internet of Things (IoT) market in the country, Reliance Group and Cisco Jasper on Tuesday launched a new venture called "UNLIMIT" dedicated to providing IoT services to enterprise customers pan-India.
The partnership with Cisco Jasper will provide the new venture with a distinct range of service offerings with global delivery standards. US networking giant Cisco acquired Jasper, a cloud-based software platform for the IoT, in March this year.
With "UNLIMIT", Reliance becomes the first telecommunications services provider in the country to set up a dedicated and integrated IoT business unit committed to helping its Corporate customers achieve their goals.
"Nearly every sector will be positively impacted by IoT and the Indian manufacturing industry is already beginning to reap its benefits. The key to unlocking the real potential of IoT is to be focused and dedicated-it is this business opportunity that we are targeting with UNLIMIT," said Amitabh Jhunjhunwala, Group Managing Director, Reliance Group.
In addition to enabling business transformation, the new IoT service will also play a key role in building 100 smart cities.
"IoT is a critical enabler for India`s growth, and businesses throughout the country are already utiliing its huge potential to help deliver innovative new services to their customers, while reducing cost and increasing revenue," added Juergen Hase, Chief Executive Officer of "UNLIMIT", the IoT Business Unit of Reliance Group.
This partnership makes it simple for companies of any size and in any industry to transform their businesses by offering connected services that enhance their customer experiences while enabling new revenue models.
Cisco Jasper will also partner with over 30 mobile operator groups representing over 120 mobile networks worldwide, making it simple for businesses in India to expand their IoT services to new countries as needed, the company said in a statement.
Cisco will also hire IoT engineering talent in India to join the Cisco Jasper team in the Cisco India Development Centre located in Bengaluru.