Internet of Things marketplace will "help reduce costs, enhance efficiency, productivity and profitability," Telus said
TORONTO—Telus is launching an Internet of Things (IoT) marketplace to help Canadian companies access the emerging technology and implement solutions in their operations.
The first of its kind in Canada, the online marketplace offers turn-key IoT solutions in a bid to simplify the complex technology and help businesses deploy solutions “to help reduce costs and enhance their efficiency, productivity and profitability,” according to Telus.
The IoT is a network in which a series of connected devices or pieces of equipment can communicate with one another to transfer data without human interaction.
“IoT technology has tremendous potential to make Canadians businesses more productive and profitable, but amidst the hype and predictions it can be challenging to know where to start,” Telus’ vice-president of IoT Shawn Sanderson said in a statement. “With the Telus IoT marketplace, we’ve carefully selected some of the most innovative IoT technology on the market and packaged it as ready-to-implement solutions; making it easier for businesses to take advantage of this game-changing technology.”
Telus, citing an International Data Corp. (IDC) study it commissioned this year, said only 13 per cent of Canadian firms will have deployed IoT solutions by the end of 2014.
A surge in implementation is expected, the study found, with a further 30 per cent of businesses looking to deploy solutions in the next two years, with Canadian IoT spending reaching $21 billion by the end of 2018.
The IoT marketplace will feature 38 solutions at launch, Telus said, including fleet management and pipeline safety, among others.
Telus said it is also “building a vibrant ecosystem with other IoT leaders,” inlcuding Accenture plc, IBM Corp., Cisco Systems, Inc. and Intel Corp. “to bring the best of IoT to Canada.”
“Telus is leading the way in bringing the world’s best IoT technology to Canada,” Sanderson said. “Our strategy builds on the multi-billion-dollar investments we’ve made in spectrum, network infrastructure, next-generation data centres, IT security and healthcare technology, and ensures Canadians will be able capitalize on the full potential IoT has to offer.”
To learn more, log on to Telus’ IoT marketplace website.