Anil Amabani-led Reliance Group has appointed Juergen Hase as CEO of its Internet of Things (IoT ) business. Reliance Communications has a partnership with IoT Things platform provider Jasper (subsequently acquired by Cisco) which would use Reliance’s 11 data center facilities as well as its Global Cloud Exchange to deliver its services.
Under the partnership, Reliance Group has piloted several projects including smart grid management to decrease power transmission and distribution losses and demand side management to help consumers lower their energy bills for Reliance Energy. They also developed a pilot for fleet management of maintenance vehicles.
Another project was developed for Reliance General Insurance for vehicle telematics to assess the risk profile of vehicle insurance customers. Kokilaben Dhirubhai Ambani Hospital has pilots for remote healthcare and assisted living. The company said that these projects are intended to be scaled up and made available for external customers under Hase’s leadership.
Juergen has more than 25 years of industry experience. Prior to his appointment, he was IoT and M2M director at Qatar-based telecom company Ooredoo. At Ooredoo he was responsible for the IoT business in the Middle East , North Africa and South Asia in vertical segments such as automotive, telematics, smart cities, healthcare, insurance and energy. Hase was also vice president of the M2M Competence Center at Deutsche Telekom (DT) for over a decade.
He will be based out of Reliance Group’s new HQ at Reliance Centre in Santacruz, Mumbai, reporting to Group Managing Director, Amitabh Jhunjhunwala.
Developments in the IoT space
– Gaia Smart Cities, a machine-to-machine communications company, acquired netCORE’s Internet of Things (IoT) business for an undisclosed amount in an equity deal.
– , Reliance Industries Limited invested $16 million in US-based IoT starteuo NetraDyne. According to RIL, the deal has “potential synergies with telecom and digital business initiatives of RIL (through its subsidiaries) apart from commercialization benefits in India.”
– In May, IBM deployed its smart city solutions at the Rashtrapati Bhavan in Delhi in partnership with the Government. This includes energy management, water management, horticulture management, smart waste and smart security systems, controlled through the Intelligent Operation centre (IOC) and mobile applications monitors.
– In March, Cisco signed an MoU with the Andhra Pradesh government to set up an Internet of Everything (IoE) Innovation center in Visakhapatnam. The center would enable the company’s partners and startups to build IoT solutions and carry out rapid prototyping of products.
– In February, Nokia Growth Partners (NGP) announced a new $350 million fund IV, at the Mobile World Congress in Barcelona, for investing in IoT companies in the US, Europe, India and China.