India’s Tata Communications has publicized the launch of an IoT marketplace intended at improving and augmenting India’s growing IoT ecosystem.
The brand new marketplace is planned out to link enterprise customers with IoT service providers to permit customers to very easily develop tailored IoT solutions.
Partners including device manufacturers, software developers to start-ups and system integrators are going to use the platform to market, deploy and manage IoT solutions for customers including government to enterprises to startups.
Customers will be able to pick from the available offerings and deploy them on a plug and play basis.
India’s enterprise IoT market is on the right track to flourish at a CAGR of 35% through 2023, Frost & Sullivan predicts. However, too little standardization, interoperability and connectivity in the IoT market is inhibiting further adoption.
“We believe that this first-of-its kind initiative provides a missing link that will make a difference to how disparate IoT components are brought together to create a unified experience in designing a solution or ultimately purchasing one; thereby enabling customers to deploy these solutions with ease and achieve their strategic goals using IoT,” Tata Communications head of IoT Alok Bardiya said.
Going for India’s IoT ecosystem, Tata Communications is in addition deploying an LPWAN network that has so far been rolled out in 45 cities India-wide.