Vodafone Idea's enterprise arm - Vi Business, has further strengthened its IoT portfolio with the launch of Integrated IoT solutions for enterprises.
With this industry first initiative, the company has become the only telecom company in India to offer a secure end-to-end IoT solution offering that comprises connectivity, hardware, network, application, analytics, security and support. The offering is designed to simplify and accelerate the digital transformation journey for enterprises.
With the pandemic induced digital disruption, businesses are increasingly transforming to digital means, opting for Internet of Things (IoT) to bridge the need gap, adapt to market dynamics, and the evolving consumer needs. Vi IoT is transforming the way businesses operate by reinventing processes, operations, customer experience and developing newer business models and revenue opportunities.
Commenting on the launch, Ravinder Takkar, MD & CEO, Vodafone Idea said, "Vi is a market leader in IoT and well positioned to capitalize on future growth driven by the Government’s push towards 'Digital India' and 'Smart Cities'. A trusted and valued IoT partner in the nascent industry, and with its strong foundation, Vi is helping enterprises succeed in IoT, thereby paving the way for a digitally enhanced market in India. The launch of Vi Integrated IoT Solutions is a strategic step towards making Vi Business - an IoT ecosystem integrator for Indian enterprises, and positioning Vi to have an Ecosystem Play driving our transformation from a 'Telco' to 'TechC'."
Abhijit Kishore, Chief Enterprise Business Officer, Vodafone Idea said, "We are proud to be the first telecom company to offer end-to-end IoT offerings that address the marketplace needs of a reliable partner, scale, security and quick deployments. Vi Business will be the single point of contact for enterprises so that they can fully focus on accelerating their business with the assurance that the solutions are tailored as per their needs, managed professionally, and business outcomes are delivered. As a trusted partner, Vi Business is well placed to maximize the benefits of IoT enabled Industry 4.0 revolution in the country."
Shares of the company gained Rs 0.05, or 0.53%, to trade at Rs 9.49. The total volume of shares traded was 19,604,784 at the BSE (12.26 p.m., Friday).