Wipro Teams with Tele2 to Tap M2M/IoT Market

Technologies are getting smarter now, with the buzz more on connected devices. With this transformation, the Internet of Things is creating a plethora of new opportunities for many untouched challenges. The advantage and proliferation of M2M, Smart cities and the Internet of Things is unleashing efficient possibilities for data management, predictive analytics and IT automation.

To tap this nascent market, Wipro (News - Alert), a company focused on delivering information technology, consulting and outsourcing services, signed a partnership agreement with European telecom operator Tele2 AB, to jointly develop Machine-to-Machine and the Internet of Things solutions.

“Wipro's partnership with Tele2 is driven by the growing demand and interest for M2M solutions across verticals from customers throughout Europe. Our relationship with Tele2 will enable both companies to provide customers with a compelling, end-to-end M2M service and business solution,” Alan Atkins, vice president and global head of M2M at Wipro, said in a statement.

The agreement will help customers implement solutions that will reduce time-to-market as well as the cost of development and operations.

Tele2 has been providing a range of services including fixed-line and mobile phone, cable TV, data transactions, and internet access. Through this strategic partnership with Wipro, both the companies will provide business customers with M2M/IoT solutions that will help them reduce cost and open up new revenue streams.

 “A partnership is the right way of going to market in the M2M/IoT world. At Tele2, we are actively focusing on our partnership strategy and by partnering with Wipro, we can now jointly offer an end-to-end solution that will help our customers realize business opportunities in a simple, flexible and secure way,” Rami Avidan, head of Tele2 M2M Global Solutions, commented.

In related news, the number of cellular M2M connections in industrial automation applications is likely to grow from 2.5 million connections at the end of 2013 to 7.1 million connections by 2018.