HCL Technologies to Launch Incubation Centre for IoT

HCL Technologies to Launch Incubation Centre for IoT

A lot of companies are after investments in Internet of Things and ancillary industries. With a forecasted market of $3 trillion, many want to mint their share of money in the same. Startups need a lot of help when it comes to hardware development as compared to software development. The key targets for these big players is to tap these startups and help them nurture and see that their journey has safer roads.

HCL Technologies today announced the launch of an Internet of Things (IoT) Incubation Center in Redmond, Washington, USA, designed to leverage Microsoft Azure IoT Suite to accelerate enterprise IoT adoption.

The HCL incubation center will build vertical solutions focused on two key growth areas: Industrial & Manufacturing and Life Sciences & Healthcare, with use cases around Industrial Automation, Remote Patient Monitoring and Fleet Management, among others. The center will also deploy a new model of innovation leveraging real-time analytics, sensory data and rapid co-creation allowing customers to experience the impact IoT can have on their ability to create sustainable business value.
The Incubation Center combines HCL’s rich heritage and leadership in Engineering and Product Lifecycle Management, Systems Integration and Infrastructure Services with Microsoft’s leadership in the IoT
space.
“Innovation in today’s world requires Invention and Execution. The ability to rapidly prototype and bring solutions to market is a key to enterprise success in a hyper-innovative global environment,” said Sukamal Banerjee, EVP & Head of IoT WoRKS Business Unit, HCL Technologies. “Industrial IoT is slated to be the next big productivity and revenue generation lever for enterprises worldwide. We are confident that our collaboration in this space will create some truly innovative and actionable Industrial IoT solutions which are scalable, cost-effective and focused on user experience,” he added.
“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 Vice President, Business & Corporate Responsibility, Microsoft. “These capabilities are
essential to creating greater impact and maintaining competitive advantage in the digital economy.”
IoT WoRKS By HCL is a front runner in the field of IoT enabling organizations to experience and leverage IoT solutions for maximizing returns from their asset investments and creating entirely new services that deliver measurable business outcomes. These solutions will have an increasing role in differentiating enterprises and positioning them for the 21st Century. HCL offers end-to-end IoT offerings for organizations across different levels of IoT maturity. It has three phases – Define, Build & Run to help design enterprise IoT programs, develop IoT systems and manage uptime of enterprise systems respectively.
Categories: Internet of Things, News