Mid-sized IT player Persistent Systems partners with IBM on Internet of Things

India: Pune-based Persistent Systems announced its tie up with IBM on the Internet of Things by launching a specialised engineering software suite for IBM Watson IoT Platform. Through this suite, the engineering processes in Persistent Systems is expected to get a boost, and new specialised consulting service is expected to integrate into the organization.

This tie-up is considered to be a major step in driving the digital transformation of enterprises and will help in building a long-lasting relation between the two companies on the account of increasing development collaborations and adoption of a wide range of technologies.

According to the General manager of IBM Watson IoT Offerings, Mr Chris O’ Connor, the tie-up will help the company in providing such tools and services to the organisations which will boost their operational performance and increase their investments towards the IoT which will help the customers in adapting to the data more quickly.

Presently, Persistent Systems have more than 1,000 engineers which are working on IBM platforms including BlueMix, Continuous Engineering, and Watson.

TechSci Research depicts that customer using IBM IoT platform would able to utilize the huge amount of data in making quick decisions and thereby increasing the operational performance of the organization.

According to the recent report published by TechSci Research, “India Internet of Things (IoT) Market Forecast and Opportunities, 2020”, IoT market in India is projected to grow at a CAGR over 28% during 2015- 2020. IoT is being rapidly brought into use across diverse industry verticals to reduce operational and manpower costs, and increase operational efficiency. Consumer electronics, automotive & transportation, BFSI, home & building, energy & utilities, retail, supply chain & logistic sectors, and manufacturing are the key emerging application areas where IoT technology is majorly being adopted.