IoT Centre, startups to help ITI regain its glory
The loss-making public sector telecom behemoth Indian Telephone Industries (ITI) is looking to diversify into new areas such as Internet of Things (IoT).
The company, which is on a turnaround path, is opening Centre of Excellence for Internet of Things (IoT) by engaging with startups to cater to the growing business opportunity in India.
“IoT is a business vertical where lots of our products and services can be aligned with our existing capability. The CoE will help us exhibit these solutions,” ITI Chairman and Managing Director S Gopu told DH. The company is focusing on IoT as part of its turnaround plan, he said.Gopu pointed out that IoT solutions for smart cities is a vast area and many are not aware of it properly.
“We want this CoE to exhibit the technology prowess of ITI along with other partners and the main areas include smart health, smart transport, smart infrastructure, smart environment, smart water and waste management, among others. We have also tied up with startups to come up with solutions in this front,” he said. The CoE, spread over 20,000 sq feet area, will help ITI to exhibit its product under MoU with partners and startups.
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