Internet of things firm Aeris and SoftBank have forged a partnership to offer IoT and telematics solutions to their global customers using Aeris IoT solutions platform. Both the companies have established a joint venture in Japan, known as Aeris Japan K.K.
With this association with SoftBank, Aeris plans to expand its business in Japan and beyond, including India, Europe and the United States. The JV aims at covering multiple market segments and offering a variety of services ranging from an IoT connectivity platform to IoT application middleware to complete IoT solutions for market segments including telematics in the automotive industry.
“With the high quality of technology and business platform that Aeris and SoftBank have in IoT domain, we will develop and offer the services through Aeris Japan to meet customers’ needs that are growing in its variety and in its quality. By having Aeris as our partner, we are excited to create the world where everything is connected with the offer of best and flexible solutions to multiple business areas,” said Hiroshi Akabori, COO, Aeris Japan, and vice president, SoftBank.
Aeris Japan will be headquartered in Higashi-Shimbashi Minato-ku, Tokyo, and led by executives from SoftBank and Aeris including Hiroshi Akabori, COO, and Raj Kanaya, CEO, respectively.
“With Aeris Japan, SoftBank and Aeris are collaborating to seize a huge opportunity in the fast-growing Internet of Things and telematics market in Japan. The combination of SoftBank and Aeris offers a compelling value proposition to automotive OEMs and other enterprises that seek to build profitable IoT and telematics businesses” said Raj Kanaya, CEO, Aeris Japan. He also doubles up as chief marketing officer and managing director of Aeris’ automotive division.
Aeris also has a good presence in India with Dr Rishi Bhatnagar at the helm. The company has had quite good number of customers in India including Aircel.
“The cementing of business relationships with Aeris and SoftBank as a joint venture in Japan brings huge possibilities of collaboration in the IoT space on the Indian shores. SoftBank already provides high quality ICT services in India. We see mutual synergies for both the companies here as well and excited to work at the global and local front,” said Dr. Rishi Bhatnagar, president, Aeris India.
The Aeris IoT solutions platform is a comprehensive, end-to-end and proven set of key technologies that enable enterprises to bring IoT solutions to market quickly, cost-efficiently and with the highest security. The platform consists of AerPort connectivity management platform, AerCloud applications enablement platform, AerCore IoT network and AerVoyance IoT analytics platform.
With more than 7.5 million devices under management, Aeris is one of the largest IoT service providers in the world and hundreds of enterprises rely on Aeris every day to power their mission-critical IoT deployments.
According to research firm Technavio Japan will lead the Asia-Pacific region’s market growth for industrial IoT, which is expected to be worth $54 billion by 2020.