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Last Updated Tuesday June 27 2017 03:49 AM IST

Reliance Group's Unlimit, Cumulocity launches IoT solutions platform 'Enablement'

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Reliance Group's Unlimit, Cumulocity launches IoT solutions platform 'Enablement' Juergen Hase, CEO of Unlimit, Alok Shrivastava, president IT- Reliance Group & Bernd Gross, CEO of Cumulocity (L to R)

Mumbai: Reliance Group's Unlimit, the first dedicated IoT (Internet of Things) and Cumulocity (IoT software provider) has teamed up to roll out a suite of new products and services on a 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 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.

“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,” Mr Juergen Hase, chief executive officer of Unlimit, said.

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.

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