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HCL, Microsoft partner up to accelerate IoT-enabled solutions

Posted: 09 Feb 2016     Print Version  Bookmark and Share

Keywords:IoT  internet of things  machine to machine 

HCL Technologies and Microsoft Corp came together to build an incubation centre in Redmond, Washington, in a bid to develop industry-specific IoT solutions, HCL revealed on Monday. They aim to provide advanced solutions based on machine-to-machine (M2M) technology in industrial manufacturing, life sciences and healthcare sectors.

Forrester Research has reported that one in five firms globally have adopted IoT, and 28 per cent intend to adopt the technology in the near future. The global IoT market is forecasted to reach up to $7.1 trillion by 2020 (Rs.476.51 lakh crore) and the number of IoT connected devices are estimated to rise over 285 per cent in five years, from 13.4 billion to 38.5 billion devices.

The Big Three software services exporters—Tata Consultancy Services Ltd, Infosys Ltd and Wipro Ltd.—have adopted IoT and M-2-M solutions, apart from HCL. All are united in their aim to provide IoT-enabled solutions to their clients globally.

"One of the most transformative trends affecting businesses today is the Internet of Things. Together with HCL, we're enabling companies to accelerate IoT adoption with industry-specific solutions that deliver greater business insights, new revenue models and speed return on investment," said Susan Hauser, corporate VP for Business and Corporate Responsibility at Microsoft.

Sukamal Banerjee, head of the IoT WoRKS business unit at HCL Technologies, said that IoT is set to provide leverage for enterprises worldwide—boosting their productivity levels and in generating revenue.

It's not the first time Noida-based HCL has partnered up with an industry giant. In September 2015, the firm has collaborated with IBM to develop remote monitoring, smart inventory management, smart building and facilities management. HCL is co-developing IoT solutions with close to 15 IoT startups.

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