The next-wave of industrial digitization is here - Industry 4.0, is characterized by integration of customers and business partners in business and value processes. Research predicts that this will herald the next frontier of industrial productivity and resource efficiency. Internet of Things (IoT) is a key component of Industry 4.0 and is transforming the way organizations do their business by collecting data from remotely located machines or equipment and applying it in ways that impact their business.

IoT is no longer a buzz word - Gartner estimates that there will be nearly 26 billion devices on the Internet of Things by 2020. The possibilities in this space are immense, a few use cases which our customers have already adopted are - Vehicle telematics which enables infotainment and safety that changes the driving experience, Condition based maintenance allows convenient scheduling of corrective maintenance, by continuous monitoring of equipment condition and data analysis, to maximize machine uptime and minimize breakdown costs, Smart home improves our lifestyle and changes the way home appliances are operated, enabled by the communication between devices, which is fueled by the rapid improvements in wireless technology and connecting devices.