Wipro deployed IoT platform for JCB India
TechSci Research, a leading market research and consulting
firm recently published a report, “India Internet ofThings (IoT) Market Forecast and Opportunities, 2020” which discusses that the Indian IoT market is
pegged to grow at the CAGR of more than 28% during the forecasted years 2015 to
2020. The key reasons behind it is the growing need for connectivity among
devices, systems and services using variety of protocols and domains;
automating business processes; and real-time monitoring & tracking of
services and systems.
Further, planned government projects such as smart cities,
smart grids, smart transportation, etc., are expected to be the major revenue
generating sources for the IoT solution providers in the years to come.
The recent news in the Indian IoT market discusses that the
global information technology firm, Wipro Ltd announced it has deployed its
cloud based IoT platform is successfully deployed for a leading construction
equipment firm in India.
Livelink IoT solution for JCB is designed and deployed on
Wipro’s cloud based Industrial asset platform. The solution provides real time
performance monitoring of its filed to JCB. Further, the solution has the
attribute of predictive analysis which provides respective stakeholders to
collaborate to ensure operational availability and optimal utilization of
assets. Livelink also has the geo-fencing attribute which prevents theft and
misuse of assets.
JCB’s Livelink is connected over 10,000 construction
equipment and machines, such as Excavators, Compact Wheel loaders, etc. which
are deployed for its customers present across India.
With this recent development in the IoT vertical, TechSci
Research analyze that IoT technology adoption is been increasing across the end
user industries. Wipro being the trusted technology partner of JCB India
provides end to end support to the company.