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HCL Technologies partners with IBM to accelerate loT adoption
Source: IRIS | 16 Sep, 2015, 04.14PM
Rating: NAN / 5 stars.
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HCL Technologies, one of the leading software exporters, today announced that it is collaborating with IBM to jointly develop Internet of Things (loT) solutions to help customers on their loT journey.

Together, HCL and IBM will initially focus on specific verticals including Industrial & Manufacturing and Smart Facilities to co-develop innovative solutions around 'Connected Products and Operations' such as remote monitoring, smart Inventory Management, smart building & facilities management.

The two companies will also set up an Incubation Center at Noida, India to develop these solutions for the chosen industries.

Through their joint efforts, the two companies will enable seamless integration of device, connectivity, data platform and analytics for organizations across the world to address some of the most complex enterprise and industrial loT challenges.

Shares of the company gained Rs 9.45, or 1.02%, to settle at Rs 938.45. The total volume of shares traded was 33,422 at the BSE (Wednesday).

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