Reliance Group has announced a strategic partnership with Cisco Jasper for the launch of a venture called Unlimit, which will provide Internet of Things (IoT) services to its enterprise customers in India.
UNLIMIT customers will be able to take advantage of the UNLIMIT Control Center which is based on the IoT connectivity management platform of Cisco Jasper, and includes Reliance’s mobile network. With UNLIMIT, Reliance has become the first telecommunications services provider in the country to set up a dedicated and integrated IoT business unit. Earlier in July this year, Reliance appointed Juergen Hase as chief executive of its IoT business. Reliance Communications had announced IoT partnership with Jasper (which was subsequently acquired by Cisco) in August last year.
Amitabh Jhunjhunwala, Group Managing Director, Reliance Group, said,
The outlook for IoT services in India is virtually UNLIMITed, with the number of connected devices projected to rise from 200 million today to around 3 billion by 2020, and revenues set to increase from US$5.6 billion today to US$15 billion in 2020. Nearly every sector will be positively impacted by IoT, and the Indian manufacturing industry is already beginning to reap its benefits. The key to unlocking the real potential of IoT is to be focused and dedicated—it is this business opportunity that we are targeting with UNLIMIT.
Juergen Hase, Chief Executive Officer of UNLIMIT, the IoT Business Unit of Reliance Group said,
IoT is a critical enabler for India’s growth, and businesses throughout the country are already utilizing its huge potential to help deliver innovative new services to their customers, while reducing cost and increasing revenue. We are delighted to partner with Cisco Jasper and this strategic partnership will strengthen the market position of UNLIMIT significantly.
The IoT services venture UNLIMIT will support the Smart City project launched by the government.