Question: Recently Reliance Group announced a strategic partnership with which of the following company for the launch of its new venture ‘UNLIMIT’ to provide Internet of Things (IoT) services?
(a) Tata Group
(b) Cisco Jasper
(c) Bhartiya Group
(d) Birla Group
Ans:(b)
Related facts:
- On 15 November 2016; Anil Ambani-led Reliance Group launched UNLIMIT, an independent unit which will provide Internet of Things (IoT) services.
- Reliance Group announced a strategic partnership with Cisco Jasper for the launch of its new venture ‘UNLIMIT’ to provide Internet of Things (IoT) services to enterprise customers across India.
- The group, including its mobile network, has partnered Cisco Jasper to launch this venture.
- Reliance became the first telecommunications service provider in India to focus exclusively on integrated IoT business.
- The outlook for IoT services in India is virtually UNLIMITed, with the number of connected devices projected to rise from 200 million today to around 3 billion by 2020.
- Revenues set to increase from $5.6 billion today to USD 15 billion in 2020.
- Juergen Hase has been named as Chief Executive Officer of UNLIMIT .
- The Internet of things (IoT) is the internetworking of physical devices, vehicles (also referred to as “connected devices” and “smart devices”), buildings and other items—embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data.
Reference:
http://www.business-standard.com/article/companies/reliance-group-launches-iot-services-venture-unlimit-116111500586_1.html
http://economictimes.indiatimes.com/tech/internet/reliance-group-cisco-jasper-partner-for-technology-venture/articleshow/55433096.cms
https://telecomtalk.info/reliance-group-cisco-jasper-establish-unlimit-to-provide-iot-services-to-enterprise-customers/158840/