Wipro and Stream Technologies in M2M/IoT Partnership for Global Connectivity Solutions
Nov 9, 2015
Stream Technologies, a leader in IoT connectivity today announced a partnership with Wipro Limited (NYSE:WIT), a leading global information technology, consulting and business process services company, to jointly provide connectivity solutions around Machine-to-Machine (M2M) and the Internet of Things (IoT).
Wipro and Stream Technologies have formed a strategic partnership to provide network operators with M2M/IoT connectivity solutions that will help them reduce cost and open up new revenue streams. The agreement will enable network operators to manage all types of connectivity, cellular, satellite, and Low Power Radio, using one single carrier grade management platform. As part of the partnership, the companies will establish in country points of presence in order to offer low cost, IoT scale Platform as a Service (PaaS) to their customers.
Stephen Snyder, Head of Business Innovation , Global Media & Telecom at Wipro Limited, stated,
"Wipro's partnership with Stream Technologies is driven by the growing demand and interest, across the globe, for M2M and IoT connectivity solutions, including LoRa. Our relationship with Stream Technologies will enable both companies to provide customers with a complete connectivity management solution with the best technology available at the lowest TCO."
Nigel Chadwick, CEO of Stream Technologies, commented,
"A partnership is the right way of going to market in the M2M/IoT world. At Stream Technologies, we are actively focusing on our partnership strategy and by partnering with Wipro, we can now jointly offer connectivity solutions that will help our customers realize business opportunities in a simple, flexible and secure way."
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of over 150,000, serving clients in 175+ cities across 6 continents.
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