HCL Technologies in conjunction with Microsoft has announced that HCL to launch IoT incubation centre in Redmond. The incubator will focus on solutions for M2M communication (machine-to-machine communication such as life sciences, industrial manufacturing, fleet management and health care.
Both HCL Technologies and Microsoft are yet to provide details such as when the incubator will start functioning. Last year in September, HCL Technologies in partnership with IBM had launched an Incubation Centre near its headquarters in Noida.
The company is known for its IoT ventures in partnerships with leading organizations like IBM, Hitachi, Tele2 and Intel in order to provide end-to-end IoT solutions for several sectors including smart cities, mining and energy, logistics and transportation, utility, healthcare and manufacturing.
“Innovation in today’s world requires Invention and Execution. The ability to rapidly prototype and bring solutions to market is a key to enterprise success in a hyper-innovative global environment,” said Sukamal Banerjee, EVP & Head of IoT WoRKS Business Unit, HCL Technologies. “Industrial IoT is slated to be the next big productivity and revenue generation lever for enterprises worldwide. We are confident that our collaboration in this space will create some truly innovative and actionable Industrial IoT solutions which are scalable, cost-effective and focused on user experience,” Banerjee 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 & Corporate Responsibility, Microsoft. “These capabilities are essential to creating greater impact and maintaining competitive advantage in the digital economy.”
HCL Technologies, along with its subsidiaries, operates out of 32 countries and has consolidated revenues of $6.1 billion (roughly Rs. 41,579 crores), as on December 31, 2015.
Source: HCLTECH Press Release Statement
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