Mumbai, Apr 6 (IANS): Reliance Groups Unlimit, the Internet of Things (IoT) business unit of the telecom operator, and Cumulocity, a global IoT software provider on Thursday announced a strategic partnership to roll out a suite of new products and services on a new platform, titled ‘Enablement.

'Enablement' will allow businesses to connect any device over any network, and manage and store asset data, by controlling them in real-time by monitoring device availability and administer and rectify device faults, the company said in a statement.

The newly launched product line will showcase off-the-shelf applications for key verticals such as industrial automation, healthcare, financial services and asset tracking, and can be used across the globe and/or tailored to suit the unique demands of the Indian market.

"With the number of connected devices in India projected to rise from 200 million today to 3 billion by 2020, nearly every part of the economy will be positively impacted by IoT," said Juergen Hase, Chief Executive Officer, Unlimit.

The combined offering will enable Unlimit's customers to benefit from rapid machine, sensor and device integration, as well as data collection and real-time analytics for condition monitoring, the statement said.

"The 'Enablement' platform and its suite of customized products provides end customers in many specialist vertical markets with the tools to easily embed IoT into their business, rapidly exploit the benefits and continuously evolve to their demands and desires," said Bernd Gross, Chief Executive Officer, Cumulocity.

"'Enablement' provides everyone in India able to use a mobile phone with the capability to rapidly build, secure and deploy their own state-of-the-art IoT solution in an extremely cost-efficient way," he added.