HOME > BUSINESS > TCS to create apps on Siemen’s IoT platform MindSphere

TCS to create apps on Siemen’s IoT platform MindSphere

Tata Consultancy Services said it will create applications on MindSphere, the cloud-based, open IoT operating system from Siemens.

TCS CEO Rajesh Gopinathan

IoT stands for ‘Internet of Things’ and refers to connectivity between two machines over the Internet, with zero human interface. Examples include a connection between a smart electricity meter at the customer’s home and a billing computer at the electricity company’s office.

Siemens, being a dominant player in the electricity and heavy equipment market, is trying to establish a strong presence in the technological side of the smart equipment market as well by bringing out MindSphere — a software for smart machines.

The Indian IT services provider will be one of the several companies that create applications that customers of Siemens equipment will be able to use with such equipment.

“Customers will benefit from new applications for MindSphere by TCS ,enabling new digital and analytical services such as predictive maintenance and energy monitoring,” the Indian company said.

TCS will target manufacturing, energy, building technology, healthcare and railway industries via its offerings.

The company will offer MindSphere applications as well as digital and analytical services that can reduce downtime, maintenance related costs and energy consumption, while increasing the lifetime of their machinery, ti said.

The company already has such partnerships with companies such as Oracle, which also have their own platforms.

Big equipment vendors such as SAP, Oracle, Microsoft and Siemens are taking advantage of their extensive customer base to create their own software platforms. Attracted by the prospect of tapping into these customers, software makers such as Tata Consultancy Services sign up to create products on these platforms.

In competition to such platforms, many smaller companies and individuals contribute to make open source software that offer the prospect of more open access to companies like TCS and Wipro, but without the promise of a large installed customer base.

Milind Lakkad, EVP and Global Head of Manufacturing at Tata Consultancy Services, commented: “We’ve been collaborating with Siemens on technology innovation for several years and this latest development will enable our customers to make major strides in IoT innovation. With the MindSphere agreement we will intensify our partnership and support our customers as they realize the opportunities presented by digital innovation.”

The digitalzation of industry – in which digital technologies are radically reshaping entire industries – is set to create significant opportunities for businesses of all shapes and sizes around the world, TCS added.

“Initially the program will be focused in the manufacturing sector, where IoT has already gained significant traction due to the immense data volumes generated in the production process, enabling major innovations in system performance and connectivity,” it said.

Through this partnership, TCS will also support developments around MindConnect Nano, the cloud gateway that can be used to connect production to cloud-based analysis of machine and production data.

In addition, this new partnership will see Siemens and the Indian company work to explore implementing the MindSphere core platform, including operation and support services such as application and infrastructure management as well as analytical and testing services.

Steve Bashada, Executive Vice President and General Manager of MindSphere at Siemens, said: “Siemens, together with TCS, will help customers evaluate and utilize data to achieve new insights which could ultimately pave the way for completely new business models, such as selling operating hours or services instead of machinery.”

Follow ULTRA.news
TCS Q2 results comes largely in line with expectations Tata Consultancy Services Ltd, the country's largest IT services exporter, reported revenue largely in line with expectations, while net profit fell slightly.Revenue was 30,541 cr, up 4.3% on year. Dollar and constant currency numbers have not yet been revealed.Operating...
Moody’s to train SBI employees to appraise loan applicants State Bank of India, the country's largest bank, said Moody’s Analytics will train its employees to source, appraise and monitor loans.SBI employees will be granted the Moody’s Analytics Certificate in Commercial Credit (CICC) as part of the program.The program has been...
Tata Elxsi to bring Unity gaming platform to enterprise Tata Elxsi, the hardware design company from the Tata stable, has tied up with Unity Technologies to set up a center that will develop solutions based on the Unity visualization engine.The Unity platform is arguably the most widely used engine for developing mobile phone gam...
Nucleus Software wins loan software order from Finova Capital NBFC Nucleus Software, which provides IT solutions for financial services companies, said its loan management solution has been selected by Finova Capital, a Jaipur-based Non-Banking Financial Company (NBFC) to digitise its lending business.Founded in 2015, Finova Capital offers ...
Videocon launches CCTV camera with built-in 4G connectivity Videocon Wallcam has launched a CCTV solution with bundled 4G connectivity in association with Vodafone.It unveiled a 4G-enabled vehicle surveillance kit and stand-alone outdoor and indoor CCTV cameras, both with a 4G sim slot to support 4G connectivity.This ensures tha...
TCS Diligenta wins 15-year deal UK insurance deal from Scottish Widows Tata Consultancy Services said it won a 15-year deal from Scottish Widows insurance company to provide end-to-end policy administration services for its 4 million heritage customers.The deal from the Lloyds Banking Group's Life and Pensions unit was won by TCS's UK subsidiar...
K Raheja Corp, GIC buys Siemens building in Worli for Rs 610 cr Capital equipment maker Siemens today said it has transferred its lease for its Worli building to a joint venture K. Raheja Corp Group and GIC, Singapore for a consideration of Rs 610 cr.The deal was originally announced in December and is one of the biggest land deals in In...
Google will create an iPhone rival with Pixel – expert Google was forced to enter the smartphone hardware business as makers of Android smartphones have largely failed to develop a product that can compete against the iPhone, an industry expert said, adding that the result of union could rival what Apple has to offer."With tight...
L&T Technology Services to co-develop solutions with Intel unit L&T Technology Services, the engineering services arm of the construction conglomerate, will co-develop industrial solutions with Intel subsidiary Wind River, which works in the emerging domain of Internet of Things.Under the partnership L&T Technology Services will "validat...
Wipro wins seven-year deal from European utilities co Innogy IT services provider Wipro said it has been awarded a seven-year contract by European energy company Innogy SE to manage their data center and cloud services.Wipro will help the company, which focuses on renewables, grid & infrastructure and retail, to rationalize, virtuali...
TCS launches AI-based IT incident prevention solution in Japan Tata Consultancy Services launched its artificial intelligence-based IT repair and prevention solution, ignio, in Japan."When System outages occur today, businesses dedicate vast resources to rectify the problem. Oftentimes, multiple teams are called together to identify the...
Wipro’s IT to power McLaren’s sports car business Bangalore-based Wipro won a high-profile client by signing up McLaren Technology Group, the company behind the successfull McLaren Formula 1 racing team.As part of the multi-year partnership, Wipro will deploy its HOLMES artificial intelligence platform to boost the producti...
Paypal to invest in and support five more Indian start-ups Online payment company PayPal has selected five startups – Finbox, Neoeyed, Paymatrix, Scalend and Tybo - for inclusion into its incubator program in Chennai.The program offers startups technology counsel and mentorship, infrastructure support and networking opportunities w...
Adani, Saab tie-up; to pitch Gripen jets to India Defence and security company Saab, maker of Gripen jets, has tied up with India's Adani Group for aerospace and defence production in India."The intended collaboration would encompass design, development and production of Gripen for India and other high-tech products of nat...
India to announce new industrial policy in October The Indian government is likely to announce a new industrial policy in October, the ministry of commerce and industry said, and sought feedback from the public.Commerce and industry minister Nirmala Seetharaman will hold a final round of consultations with stakeholders soon,...
IT companies using illegal tactics to force workers to resign: FITE The Forum for IT Employees, arguably the IT workers rights organization with the largest number of well-wishers and supporters, accused IT companies of using illegal and unethical means to force their workers to submit their resignations.In a meeting with Maharashtra Chief Mi...
Vodafone slashes 4G offer prices after Airtel, Idea reveal explosion of data Vodafone India renewed efforts to promote its cut-price voice and data offerings in recent days as the latest quarterly numbers from rivals Idea Cellular and Bharti Airtel suggested they had given out bigger discounts in the April-June period than anyone had expected.Earlier ...
BSNL halves 2Mbps unlimited plan to Rs 599 from 1,199 Faced with a slowdown due to the emergence of the pan-India competitor Reliance Jio, state-owned Bharat Sanchar Nigam Ltd has halved the price of its unlimited 2 Mbps DSL broadband plan to 599 per month.BSNL NEW UNLIMITED BROADBAND PLANThe player was earlier offering unl...
Wipro opens Artificial Intelligence research facility in Israel University IT and outsourcing services provider Wipro said it will use students at Israel's largest university to jointly conduct research into artificial intelligence.The company inked an agreement with Tel Aviv University, Israel's largest institution of higher learning which is home ...
GST to boost Indian electronics manufacturing – Assocham-NEC study The goods and services tax will give a big boost to domestic electronic manufacturering as costs will be significantly brought down, said a study by ASSOCHAM-NEC.“The local manufacturers will be able to pass on the tax benefit to consumers in the form of price reduction,” sai...
JSW Steel to build Rs 2,100 cr pipeline to import iron ore from Eastern India JSW Steel Limited said the company's board has approved a plan to build a pipeline from its Vijayanagar plant in Karnataka to the coast to facilitate the import of cheaper iron ore from Odisha and Eastern India."This Slurry Pipeline can be set up within 24 months at an estim...
IT woes to bring down real estate rentals in Bangalore, IT hubs With IT sector witnessing subdued sentiment amidst pressure on hiring and annual pay rise for employees, the country's software and services hubs such as Bengaluru, Hyderabad, Chennai, Pune and Noida-Gurgaon in NCR are expected to see 10-20 per cent reduction in the housing rents...
Wipro to develop on Red Hat’s OpenShift container platform IT services company Wipro Ltd said it would collaborate with commercial Linux maker Red Hat to set up what it called a "cloud application factory" to offer developers a platform to modernize cloud applications."Wipro’s cloud application factory will have a dedicated services...
Raymond opens Ethiopia factory to cut costs, easy access to US, EU Textiles and garments brand Raymond inaugurated a garment manufacturing plant in Ethiopia to gain duty-free access to the US and European markets.The plant was set up at a cost of Rs 100 cr and will employ over 2500 people in the first phase. More people will join later, the...
Reliance Industries expands paraxylene capacity, becomes global No.1 Reliance Industries said it commissioned its third and last crystallization train at its paraxylene complex at Jamnagar, making the company the biggest manufacturer of the key ingredient used in plastic production.Paraxylene is used to make intermediate chemicals that are t...