Unlimit, Reliance Group's internet of things (IoT) services provider, said on Wednesday that it is partnering with Saudi Arabia-based IT services firm Dynamic Cloud to deliver solutions in the Middle Eastern region.
The companies said in a joint statement that the partnership will not only help them serve customers in Saudi Arabia and Bahrain but also help in other markets including India.
"Our joint efforts will accelerate our goal of expanding in Saudi Arabia and Bahrain,” said Pradeep Sreedharan, senior vice president of sales and business operations at Unlimit.
Ali Al-Qaraawi, president of Dynamic Cloud, said the collaboration will target both government and private sectors in the region.
Under the partnership, Sreedharan said both companies will combine their expertise to come out with energy-saving IoT solutions, geo-location applications in the fields of oil and gas, smart cities, supply chain and connected vehicles. He added that Unlimit already has expertise on IoT implementation ranging from connectivity to device management, application software and analytics.
In February, Unlimit had launched an end-to-end monitoring solution for the logistics industry.
The solution, called Tracksuite, aims to help companies track, secure, analyse and ensure productivity of vehicle fleets, cargo and warehouses by reading data points such as the route taken, driving behaviour, maintenance of temperature and security.
“Typically, the transport and logistics sectors work efficiently if connectivity, scheduling, compliance and security are well aligned – and this is exactly what Tracksuite does,” Jürgen Hase, chief executive officer of Unlimit, had said.
Hase, in an interview with TechCircle last year, had said that he expected the company's India revenue to touch $300-400 million in the next four years. “We expect to hit a number close to $400 million as total revenue from our Indian IoT operations buoyed by the growth and interest in the new technology,” he said.
According to a report by industry body Nasscom, the IoT market in India is poised to reach $15 billion by 2020, accounting for nearly 5% of the total global market.
In Septermber last year, Unlimit had partnered with state telecom service provider BSNL for its wireless network in order to expand its solutions pan India for enterprises.