Aeris, an Internet of Things (IoT) service provider formed a partnership with MapmyIndia to offer geo-spatial intelligence based IoT solutions in India by leveraging their respective areas of competence.
It is said that the global IoT market is expected to cross $200 billion by 2020. The IoT market in India stands at $5.6 billion with 200 million connected devices in 2016. This is expected to grow to $15 billion with 2.7 billion devices by 2020 presenting a significant opportunity for technology and service providers.
Managing Director, MapmyIndia, Mr. Rakesh Verma said that the world is moving from automatic to autonomous operations. “The partnership with Aeris, a pioneer in the IoT space, will go a long way in making the Indian businesses globally competitive. I am confident that the combination of MapmyIndia’s best-in-class mapping & GIS solutions and the pioneering IoT prowess and global experience of Aeris will be a big boon for not just the Indian businesses and enterprises but will benefit the whole country.”
Aeris and MapmyIndia will jointly develop solutions which are expected to address business challenges such as ubiquitous tracking through connectivity.
President, Aeris Communications, Dr. Rishi Bhatnagar, said “We are witnessing the evolution of the IoT ecosystem globally with businesses recognizing the need to invest in technologies and solutions based on IoT. Our tie-up with MapmyIndia is primed towards helping businesses leverage the potential of IoT to realize business benefits that are multi-dimensional, innovation-driven and transformative. I am confident that this will change the way verticals operate and companies perform,”
For more information, please contact: Aeris Kevin Petschow +1.312.985.9182 Kevin.Petschow@aeris.net or Prayukth K V +919900384022 Prayukth.kv@aeris.net MapmyIndia Naman Mittal +91 9718001166 naman.mittal@mapmyindia.com
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