HCL unveils IoT innovation labs in India, US

The country's third largest software services firm HCL Technologies has announced the launch of dual-location innovation centres for Internet of Things (IoT) in Seattle, Washington, and Noida, India. The centers called IoT COLLAB will serve as a collaborative incubation lab for Fortune 500 companies to accelerate IoT initiatives by bringing together technology experts, partners, financial advisors, and other relevant IoT stakeholders

The IoT market is expected to be a $1 trillion market opportunity by 2021.

Sukamal Banerjee, Corporate Vice President and Global Head of IoT WoRKS, HCL Technologies said that 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.


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.

“Our vision for IoT COLLAB is it to help businesses transform into true 21st century enterprises by co-creating their transformation blueprint and execute it with award winning IoT-led solutions and leveraging our expertise to bring the to reality,” said Banerjee.