Persistent Systems, IBM Watson Adds Engineering Alliance to Its IoT Platform
Software company Persistent Systems recently announced a new initiative that will combine the IBM Watson Internet of Things (IoT) platform with its own continuous-engineering expertise to develop IoT products and solutions.
Goals of the Partnership
According to CNBC’s Moneycontrol, Persistent Systems will work directly with IBM to build and implement software for the IoT platform. Persistent Systems will leverage its longtime experience in the areas of continuous engineering — analyzing data generated by connected products to spur ongoing updates and improvements to those devices — analytics and enterprise technology, according to eWEEK.
A key goal is to improve and transform engineering processes, integrating new, specialized consulting services with IBM Watson to help engineers integrate massive amounts of IoT data into product development.
Persistent Systems Readies for IBM Watson
For Persistent Systems, the move means adding 500 people to its IBM platform-dedicated teams, which already comprise more than 1,000 individuals. The new additions will include both Persistent Systems and IBM employees, The Economic Times reports.
Persistent Systems Chief Executive Officer Anand Deshpande told the source that the new alliance could add up to 20 percent to the company’s revenue in fiscal year 2017. Persistent Systems is based in Pune, India, and employs approximately 9,500 people.
The new alliance with IBM represents a significant change for Persistent Systems as it shifts from an outsourced product company to one that also offers in-house technology development. The announcement is part of what the company characterizes as a larger overarching growth strategy and is an evolution of the company’s long-standing history of collaboration with IBM.
In the past, Persistent Systems has worked with IBM Watson, IBM Continuous Engineering and IBM Bluemix. According to a prepared statement from Persistent Systems, the alliance also means each company will join the other’s advisory board.
The Future of the IoT
Chris O’Connor, general manager of offerings at IBM Watson IoT, told Moneycontrol that some estimates claim more than 50 billion devices will be connected using the IoT in the near future. IBM has offered IoT solutions for half a decade, and the company anticipates investing some $3 billion in the IoT between now and 2020. The Watson IoT Platform launched in 2014.