At a time when traditional IT services companies are finding it challenging to keep pace with rapid digital transformation, new-age companies seem to be gearing up. To further its capabilities in new technologies, Bay area-based IT services company Incedo on Tuesday announced the launch of IoT NXT, a portfolio of services that help clients derive value through their Internet of Things (IoT) implementations.
Incedo, which specialises in data management, product engineering, and emerging technologies, derives more than 80 per cent of their revenues from “transformational projects,” Tejinderpal Singh Miglani, CEO, Incedo told BW Businessworld.
“IoT NXT enables enterprises to leverage the best-in-class IoT solutions, to facilitate the building of new service and revenue streams. Backed by strong experience and expertise in smart and connected product domains, Incedo provides a comprehensive set of IoT offerings. Our focus is to help OEM’s, system integrators and operators to unlock business value across the user, asset and partner value chain,” Incedo said in a statement.
IoT NXT is focused on developing solutions across four key industries – industrial, transportation, automotive, and oil & gas. Incedo’s newly-launched IoT NXT lab in its Bengaluru office will work with clients to research, co-innovate and collaborate on solution ideas. The lab provides a simulated environment for creating end-to-end IoT solutions that capture real-time data from interconnected sensor/devices and provide actionable insights utilising cognitive platforms and predictive analytics.
As part of the launch, Incedo has partnered with IBM which gives them access to the cognitive capabilities of IBM Watson IoT platform and its industry solutions. “The Watson IoT platform and IBM’s industry offerings around connected products, automotive, manufacturing and insurance will feature in Incedo’s solution proposals to their prospective customers. Through IoT NXT, Incedo has explored opportunities in fleet management, smart energy management, smart food and grain management based on IBM Watson IoT platform and we will look at other areas moving forward,” said Sandip Datta, Sr. Business Manager, IBM Watson IoT.
In addition to IBM, Incedo has also partnered with ConnectM Technology Solutions to leverage the latter’s sensor-based development and data management platform coupled with real-time analytics to offer a time-to-market advantage in delivering solutions for global customers.