Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Telit’s deviceWISE IOT platform now fully interoperable with IBM’s Watson platform

“This new agreement enables manufacturers and other industrial businesses to leverage the combined strength of the world's two best solutions for IIoT and AI,” said Telit CEO Yosi Fait
factory floor
deviceWISE allows devices and apps to ‘talk’ to one another

Telit Communications Plc’s (LON:TCM) deviceWISE industrial internet of things (IIOT) platform is now fully interoperable with IBM’s Watson IoT platform.

deviceWISE allows devices and applications to ‘talk’ to each other without the need for custom coding and other expensive, time-consuming integration tasks.

READ: Telit reports strong first half performance

The IBM Watson IoT platform, available on the IBM Cloud, brings real-time insights to IoT data and powerful artificial intelligence-based capabilities including cognitive analysis, machine learning and natural language processing.

“This new agreement enables manufacturers and other industrial businesses to leverage the combined strength of the world's two best solutions for IIoT and AI,” said Telit chief executive Yosi Fait.

“By working together, we are ensuring that IIoT lives up to its full potential for maximising efficiency, productivity and more.”

IBM Watson VP for offering management: “Telit's deviceWISE complements IBM Watson's AI capabilities, making the two solutions a natural fit that benefit manufacturers and other industrial businesses worldwide.”

Telit shares nudged 0.5% higher to 165.2p at the opening bell on Thursday.

View full TCM profile View Profile

Telit Communications Plc Timeline

Related Articles

E-Learning
Fri
The e-learning specialist upgraded its long-term goals to run-rate revenues of £200mln and run-rate underlying earnings of at least £55mln by 2021, an increase of around 100%
The Internet of Things
September 04 2018
"We have seen double-digit revenue growth, improved gross margins from H2 2017 and our cost optimisation plan is well underway," said Yosi Fait, Telit's CEO
Mobile and tablet
September 07 2018
Ethernity specialises in technology that helps data traffic move efficiently in huge quantities

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use