Cisco has announced the acquisition of Jasper, a cloud-based service platform to accelerate enterprise part of Internet of Things (IoT).
With the acquisition, Jasper forms the new IoT Cloud Business Unit within Cisco, the company said.
Cisco explains that with the Jasper IoT service platform, it can enable companies to automate the management of IoT services across connected devices. Enterprises will be able to transform their products into connected services, creating new business models and generating new sources of ongoing revenue, Cisco said.
Carrie MacGillvray, Vice President, Mobile and Internet of Things at IDC said that “IoT is a key piece of enabling Digital Transformation for today’s enterprises. Cisco already has the network equipment, cloud, analytics and security layers, and the addition of Jasper brings critical IoT service platform layer needed to provide enterprises with a complete digitization strategy.”
According to IDC, “this acquisition provides value for both Cisco and Jasper’s enterprise customers, their service provider partners and broader IoT ecosystem partners.”
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