persistent systems

Persistent Systems has launched specialized engineering services for IBM Watson IoT platform. This will include over 1,000 engineers dedicated to IoT product development using Watson and IBM’s continuous engineering solutions.

Through this initiative, the Persistent will create and help manufacturers create smart and connected devices. The company will use machine learning systems to build actionable insights from various data made available through IoT devices, to improve customer experience, improve operational performance etc. As a part of the partnership, each company will also join the other’s advisory board.

Persistent’s acquisitions: Earlier today Persistent signed an agreement to acquire Australia-based PRM Cloud Solutions, which provides various cloud applications to organizations. Note that Persistent has been increasingly focusing on acquisitions in cloud managed software services. In January, it had signed an agreement to acquire Citrix CloudPlatform and CloudPortal business manager products in an asset purchase transaction.

In November last year, Persistent acquired the digital content management company Akumina for an undisclosed amount. In February 2014, the company had also acquired CloudSquads, a consultancy company that has created social communities for 70 global companies, for an undisclosed amount. In July the same year, it entered into an asset purchase agreement to acquire certain assets of the mobile advertising firm Hoopz Planet Info.

Developments in IoT:

– Last month, Winjit Technologies, a software development and services company, launched an Internet of Things gateway device management platform called Winjit IoT GDM.

– The same month, Cisco acquired the IoT services platform provider Jasper for $1.4 billion. Post acquisition, Jasper will continue to operate as usual, while its founder & CEO Jahangir Mohammad, would lead Cisco’s newly formed IoT software business unit.

– In November last year, Tata Communications started testing its IoT network in Delhi and Mumbai.

– In August, Reliance Communications entered into a partnership with Internet of Things platform provider Jasper, for providing enterprises with a platform to launch their IoT services.

– In October, telecom operator Aircel partnered with Tech Mahindra for rolling out Internet of Things services.