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LTIMindtree and Vodafone partner to deliver smart, connected solutions for digital transformation
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LTIMindtree announced on Thursday that it has partnered with Vodafone to offer connected and smart IoT solutions, powered by its Insight NXT platform (iNXT) and Vodafone’s IoT Managed Connectivity. This collaboration aims to enable Industry X.0 and digital transformation across multiple vertical sectors.
In January, Vodafone entered into a strategic partnership with Microsoft to expand its IoT capabilities. The 10-year agreement aims to transform digital platforms for over 300 million businesses, public sector organizations, and consumers in Europe and Africa. A key focus is enhancing Vodafone’s globally managed IoT connectivity platform, which currently connects 175 million devices and platforms worldwide. Microsoft plans to invest directly in this platform to spin it off as a standalone IoT business by April, to expand the partner and customer ecosystem to drive growth in IoT applications and connected devices in various industries.
LTIMindtree’s iNXT Business Unit, an ecosystem of connected, intelligent, and sustainable solutions, along with Vodafone’s IoT-managed connectivity solutions, will work together to address complex business challenges. By leveraging a best-in-class ecosystem of partners, LTIMindtree aims to empower clients to maximize revenue acceleration, cost efficiency, and sustainability through Smart IoT and Industry X.0 solutions.
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Gemma Barsby, UK Head of IoT at Vodafone, expressed excitement about the partnership with LTIMindtree, highlighting the real-time delivery of IoT-managed services and the potential for driving cost efficiencies and productivity. As a global IoT provider, Vodafone looks forward to mutual growth in the Industrial 4.0 and Digital Transformation domains through this collaboration.
Through this partnership, LTIMindtree will design scalable, end-to-end solutions using IoT, Metaverse, Artificial Intelligence, and Machine Learning to deliver secure, connected ecosystems over Vodafone’s Managed IoT Connectivity Network.
Monish Mishra, Chief Business Officer of iNXT at LTIMindtree, emphasized the importance of continuous innovation and access to connected ecosystems for growth and differentiation in today’s economy. He expressed enthusiasm about collaborating with Vodafone to enhance their offerings in Industry X.0 and Industrial Digital transformation.
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According to market research firm Fortune Business Insights, the global IoT market size is projected to reach USD 3352.97 billion by 2030, with a CAGR of 26.1% during the forecast period of 2023-2030.
In a separate announcement, LTIMindtree also partnered with Amazon Web Services to introduce a Digital Command Center (DCC) tailored for modern manufacturing environments. Built on AWS using the cloud major’s framework, the DCC is a bundled solution for data acquisition, management, real-time KPI monitoring, and insights-driven analytics. It operates on an edge device installed on the shop floor, providing persona-driven insights to improve the manufacturing process. LTIMindtree is an AWS Premier Tier Services Partner and Managed Service Provider (MSP) with AWS IoT Consulting Competency.