1 min read

HCL Technologies joins Hand With IBM

With an aim to develop solutions around Internet of Things, IT service provider HCL Technologies is all set HCLjoin hands with its rival IBM. IoT is the next big thing for technology. Hence, the collaboration of two big tech firms is expected to come up with fruitful innovation. If the reports are to be believed, the two companies will soon start an incubation centre at Noida to jointly develop technologies.

Reports further suggest that the two giants would initially work on creating solutions around ‘Connected Products and Operations’ such as smart building, facilities management and inventory management. While they have decided to tie-up in terms of technology, both the companies would continue to compete each other in the field of outsourcing.

“IBM and HCL see a huge market transformation in process. It’s not a single industry or a single space. The notion that sensors and the interconnectivity of sensors is widely available is changing everything. The real problem today is making the business adjustments necessary to take advantage of these capabilities,” said Chris O’Connor, general manager of offerings, Internet of Things, IBM.

On the other hand, Sukamal Banerjee, executive vice president, engineering & R&D Services and Head of IoT Business HCL Technologies confirms, “The intersection of employees, data and technology enabled intelligent machines is creating fundamental shifts in enterprise business models, leading to not only increased productivity and efficiency but also opening a plethora of new revenue opportunities for companies. Our partnership with IBM will provide replicable use cases and POCs for companies and enable accelerated adoption of IoT within and across industries.”

 IoT can be defined as a network of inter-connected devices which can be accessed through the internet. If all goes as anticipated, this would be one of the most powerful mergers of all times.