HCL Technologies opens IoT incubation centre in the US

HCL Technologies yesterday announced the launch of an Internet of Things (IoT) incubation centre in Redmond, US, aimed at leveraging Microsoft Azure IoT Suite to accelerate enterprise IoT adoption.

According to the company, the incubator would focus on solutions for machine-to-machine (M2M) communication, like healthcare, fleet management, industrial manufacturing and life sciences.

It will also deploy a new model of innovation leveraging real-time analytics, sensory data and rapid co-creation to allow customers to experience the impact IoT could have on their ability to create sustainable business value, it added.

"Industrial IoT is slated to be the next big productivity and revenue generation lever for enterprises worldwide," said Sukamal Banerjee, executive vice president and head of IoT WoRKS business unit, HCL Technologies in a statement in New Delhi.

"We are confident that our collaboration (with Microsoft) in this space will create some truly innovative and actionable Industrial IoT solutions which are scaleable, cost-effective and focused on user experience," he added.

"One of the most transformative trends affecting businesses today is the Internet of Things. Together with HCL, we're enabling companies to accelerate IoT adoption with industry-specific solutions that deliver greater business insights, new revenue models and speed return on investment," said Susan Hauser, corporate vice president, business and corporate responsibility, Microsoft.

The companies have to yet reveal the timetable for the incubator's operationalisation, the startups it would incubate, and if it would provide funding and its extent. HCL had also set up an incubation centre in Noida in September last year, to jointly develop IoT solutions with IBM. The initiative would focus on solutions around remote monitoring, inventory management, smart buildings among others.