Persistent Systems and IBM collaborate to progress IoT engineering
IoT-generated data is growing twice as fast as social and computer-generated data. It is extremely varied, noisy, time-sensitive and often confidential. This complexity is increasing as billions of devices interact in the world and test the limits of programmable computing.
It is projected that IoT data will yield insights driving potential economic value of as much as $11 trillion by 2025. What’s more, it’s estimated that business-to-business (B2B) users can generate nearly 70 percent of the potential value of the Internet of Things, in large part through operational efficiency gains made possible by initiatives such as smart factories and connected supply chains. The Internet of Things enables informed decisions and, when appropriate, automated actions; the benefits of these can be passed through to consumers, enabling smart healthcare, intuitive vehicles with safety features and connected, personalized homes…the possibilities are almost endless.
Making sense out of this plethora of unstructured, dark and edge data requires a new approach. Cognitive IoT is just such an approach—a way of deciphering IoT data that can handle increasingly large inputs while generating meaningful output. Intended as a powerful, sophisticated way of handling massive amounts of complex IoT data, cognitive IoT is an opportunity to exploit this modern resource. Indeed, cognitive businesses confer a kind of thinking ability on objects, products, processes and services—and the Internet of Things is integral to their ability to do so.
At IBM InterConnect, Persistent Systems and IBM unveiled our collaboration to pursue a combined Internet of Things strategy and help customers develop solutions on the Watson IoT Platform using the IoT Continuous Engineering solution.
This collaboration combines IBM’s Watson IoT capabilities with Persistent Systems’ expertise around continuous engineering, analytics and enterprise digital transformation. Persistent Systems, with more than 1,000 engineers dedicated to IBM platforms, will offer specialized services to help customers adopt the IBM Watson IoT stack and the IBM Continuous Engineering Solution. The collaboration addresses the idea of software-driven everything as a step forward in the digital transformation of enterprises.
Anand Deshpande, Persistent Systems founder and CEO, shared his thoughts on the importance of our relationship. “Our exclusive relationship with IBM drives the vision of software-driven everything as the next step in the digital transformation of enterprises. It builds on our strengths at Persistent Systems to build software-driven businesses for our customers as IoT becomes integral to new software-driven experiences and business models.” I would like to point out that Dr. Anand Deshpande was recently named to India's Best CEOs List by Business Today. He is one of many talented people at Persistent that makes me very excited we will be collaborating on developing IoT engineering solutions. You can read his thoughts on our collaboration here.
The collaboration demonstrates IBM’s commitment to provide our customers what they need to boost operational efficiency, transform customer experience and drive industry disruption in the IoT world, which requires a new approach to solution development. Through continuous engineering, we can help customers quickly adapt to the huge amounts of data available to help them make strategic decisions and continually innovate. From improving the customer experience and offering new services to helping to boost operational efficiency, continuous engineering is a must in the IoT world.