The Internet of Things (IoT) business unit of India's Reliance Group, Unlimit, and global IoT software provider, Cumulocity have come together and joined hands to launch a suite of new products and services on a new platform called 'Enablement'. Of course, the products and services will have IoT at their core.

According to a statement released by the two parties on the new development, 'Enablement’ as the name suggests will enable businesses to connect any device over any network, and then manage and store asset data, simply by controlling them in real-time by monitoring device availability and administering and rectifying any device faults that may occur.

Enablement's new product line will be showcasing off-the-shelf applications for a number of key verticals such as healthcare, asset tracking, financial services and industrial automation. Not only can the applications be used all across the globe, but they can also be tailored to meet any of the unique demands that the Indian market might have in the present or future.

According to IoT experts, the Indian subcontinent currently boosts of just the right ecosystem to fully exploit the uncountable benefits that IoT has to offer, with the necessity to efficiently manage commercial and public services for a large number of diverse enterprises and consumers that too at an affordable cost. In fact, some recent analyst reports predict that IoT in India will grow at a CAGR of 28% over the next 5 years. This technological growth can even result in India eclipsing some of the world's established economies.

The same sentiments are even echoed by Juergen Hase, Chief Executive Officer, Unlimit. He said, "With the number of connected devices in India projected to rise from 200 million today to 3 billion by 2020, nearly every part of the economy will be positively impacted by IoT."

He further added, "We are delighted to partner with Cumulocity to launch our new platform ‘Enablement’ and unlock the full potential of the Internet of Things for our customers and make the benefits of IoT virtually unlimited."

The partnership will extend Unlimit’s connectivity offerings, with Cumulocity’s advanced IoT application. Their combined platform will enable Unlimit’s customers to massively benefit from rapid machine, sensor and device integration, as well as data collection and real-time analytics for condition monitoring.

According to Bernd Gross, Chief Executive Officer, Cumulocity, Enablement will provide everyone in India with a mobile phone the capability of rapidly building, securing and deploying their own state-of-the-art IoT solution in an extremely cost-efficient way.

[Top Image: Tech Portal]

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