Innovations in Comfort, Efficiency, and Safety Solutions.
|Partnerships, Collaborations, Gadgets Market
Smart connected gadgets market is set to grow significantly over the next decade.
Sr. Digital Marketing Engineer
Big Market Research
In the current era of smartphones and gadgets, it is hard to imagine any sort of communication. The Internet of Things (IoT) has gained popularity in the last decade, and the adoption rate for the same has increased worldwide. Smart connected gadgets have been embraced owing to favorable economic conditions and high disposable income. The IT sector has boomed owing to several key factors such as progress in technology and R&D. Smart connected gadgets market is set to grow significantly over the next decade.
In January 2017, Entel Chile and Cisco joined hands to
enable IoT services in Chile, South America. Small to large enterprises
will be able to adopt recent revenue-generating service owing to the
partnership between the two organizations. Entel is Chiles’ largest
telecommunications company. The partnership with Cisco will make it
easier for customers to transform their businesses with the help of the
IoT services. Julián San Martín, VP Corporate Markets at Entel,
explained that the businesses throughout the country are shifting
towards IoT with an aim to reduce cost and introduce new services. He
further said, “Together with Cisco, Entel will be the trusted partner
for companies looking to accelerate their IoT success. The CiscoŽ
Jasper IoT platform will provide our customers with the best solution
for managing and monetizing their IoT service businesses.” The
agreement between the two organizations strategically offers lucrative
opportunities in the market for businesses throughout the nation with
the telecom expertise of Entel with IoT expertise of Cisco. The
customers will now be able to increase their productivity and manage
their costs. The Cisco Control Center in Chile has helped to integrate
IoT services across several industries, and the demand for the same is
on the rise. Energy and utility companies leverage IoT to offer smart
metering services that increase the flow of information, enhance asset
performance and also increase energy efficiency. Entel customers are
likely to benefit from the worldwide scalability of the Control Center.
Cisco Jasper partners will around 33 global operator groups which
represent 120 mobile operator networks worldwide.
In January 2017, the CEO of Fitbit, James Park announced
the company’s latest acquisition of a wearable technology asset. Fitbit
is a leading wearable fitness tracker manufacturer. The company
purchased the expertise and software from the prominent European
smartwatch manufacturer, Vector Watch. The details of the acquisition
were not revealed by the company. In a statement, Fitbit said, “As with
our recently announced acquisition of Pebble assets, Vector brings
valuable industry expertise that will help accelerate the development
of new products, features, and functionality.” With the acquisition,
Fitbit is placed to accelerate the development of their ecosystem and
platform. The aim of the company is to make Fitbit an essential part of
the daily lives of consumers worldwide.
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