HCL Technologies (HCL) launched dual-location IoT innovation centers, IoT COLLAB, in Seattle, Washington, and Noida, India on Thursday.
Each IoT COLLAB serves as a collaborative incubation lab that lets Fortune 500 companies accelerate their IoT initiatives by bringing together technology experts, partners, financial advisors and other relevant IoT stakeholders, according to a press release.
The participating companies work from a prototype unique to their business models and goals, leading them to modify processes and discover new opportunities through the collection of data produced by IoT endpoints, the release said.
Collaborative efforts already underway include co-created solutions for predictive maintenance, cold-chain logistics, and specialized asset tracking in the aerospace, manufacturing, and medical technology market segments. In one such collaborative approach, HCL is enabling a leading medical technology company to embark on its Industry 4.0 journey, and substantially improve OEE (Overall Equipment Effectiveness) across its manufacturing plants by leveraging modern sensors, gateways, and machine learning techniques to predict equipment failure and take corrective action.
“IoT needs a mix of existing and emerging technologies, systems and standards that are constantly evolving, making the IoT solution implementation process difficult for companies,” said Sukamal Banerjee, Corporate Vice-President and Global Head of IoT WoRKS™, HCL Technologies said in a press release.
“Our vision for IoT COLLAB is to help businesses transform into true 21st century enterprises by co-creating their transformation blueprint and executing it with award-winning IoT-led solutions,” Banerjee added.