Tech Mahindra has teamed up with Aeris, a provider of cellular networks for machines, to develop an Internet of Things service system for mobile operators.
Both firms are to set up an IoT services platform called Jumpstart IoT, which is designed to expand operators’ offerings to include packaged apps in vertical systems, such as fleet, asset tracking and insurance among others.
Other features include specialised system operations and support services and an internet-scale device data analytics infrastructure.
Dr. Rishi Bhatnagar, global head of digital enterprise services at Tech Mahindra, said: "Jumpstart IoT is representative of Tech Mahindra’s distinct shift to providing services with our ‘Horizon Digital’ framework of analytics-led, cloud-enabled digital solutions."
"Through initiatives such as this, Tech Mahindra is helping mobile operators around the world and enterprise customers across a wide range of vertical segments to maximize their opportunity of the IoT."
He added: "By transitioning from IoT to Intelligence of Things, Tech Mahindra’s Digital Services aim to provide an opportunity for telecommunications service provider to reinvent themselves."
It comes as the net value of M2M and IoT services is set to top $120bn in 2015, according to Machina Research’s M2M forecast database.
"This year IoT will be at the top of most carriers’ agendas; and if it’s not, it should be," notes Matt Hatton, founder and CEO of Machina Research.
"Many will expedite their plans to tap into the growing IoT opportunity, and they need a well-considered approach to coherently and profitably addressing the market. In particular IoT, compared to M2M, requires mobile network operators (MNOs) to tackle a broader range of issues including more complex regulation and issues associated with data management."