Reliance Group’s UNLIMIT and IBM IoT to Propel Future of Innovation in India
UNLIMIT, a business venture of Reliance Group and IBM, announced a strategic collaboration that brings together UNLIMIT’s leading industry specific Internet of Things (IoT) solutions with IBM IoT capabilities to unlock new value for businesses in India.
IBM and UNLIMIT will co-create IoT solutions for specific industry verticals including automotive, insurance, utilities, and industrial automation. For example, insurance companies will be able to reduce cost of damage to goods from tampering through real-time tracking of cargo via an ‘asset tracking solution.’
UNLIMIT and IBM are also developing IoT solutions for implementation across Reliance Group companies addressing key segments such as – User-based Insurance (Reliance General Insurance), Asset & Vehicle Tracking (Reliance Commercial Finance), Tower Monitoring (Reliance Communications) and Transformer Maintenance (BSES & Reliance Energy). Through this collaboration, UNLIMIT will have access to IBM’s global ecosystem of partners.
“We are elated to collaborate with IBM to unlock the true potential of IoT in India and bring value to our partners and customers. Currently, India is becoming the hot bed for digital disruption and we believe there is immense scope for innovation. We are confident that our powerful technology platform, with Watson IoT at its core, will provide enterprises with a flexible, scalable and secure solution," said Juergen Hase, CEO, UNLIMIT.
"With 2.7 billion connected devices and growing, Indian economy, enterprises and consumers are embracing IoT at a rampant pace," said Harriet Green, GM, Watson IoT, Customer Engagement and Education, IBM. "Our collaboration with UNLIMIT is a significant example of IBM leading the global IOT movement with a growing ecosystem of clients and partners. This exciting news underscores how IBM and UNLIMIT are taking the power of IoT to Indian enterprises and capturing the phenomenon of digital disruption for joint client innovation."
