Unlimit, a business venture of Reliance Group and IBM announced a strategic collaboration that brings together Unlimit’s industry-specific Internet of Things (IoT) solutions with IBM IoT capabilities to unlock new value for businesses in India.
Both the companies will co-create IoT solutions for specific industry verticals including automotive, insurance, utilities, and industrial automation. The companies 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 Conlimitmmercial 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. IBM will also provide its Watson IoT Platform to collect and connect data, including sensor data, from devices and provide use- case specific dashboards. Unlimit will design IoT use cases for various industries on the IBM Watson IoT Platform, in the Indian market.
Looking ahead, all Reliance Group companies and Unlimit’s clients will have access to the IBM Watson IoT Platform capabilities via the IBM Cloud. As a result, rather than approaching businesses on a one-by-one basis, Unlimit will provide customers with access to these capabilities so that they can leverage IoT driven insights and information for business decisions, create new product offerings and create new revenue streams.
“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, chief executive officer of UNLIMIT