As per the agreement reached, Stream’s award-winning ‘IoT-X’ Connectivity Management Platform, will support cellular, low-power WAN and other connectivity technologies, enabling subscription management, monitoring and monetisation of IoT connectivity networks.
IoT-X platform will provide an interface for the networks that Gaia Smart Cities plans to deploy, to which connected devices can be attached. Gaia's would commence deployment of networks initially in three major cities, including Delhi.
“India is an exciting and substantial opportunity for a company like ours. The state-of-art and the latest LPWAN technologies such as LoRa and SigFox will open up some immense opportunities for this market. We are delighted to be engaging with Gaia in participating in this market,” said Mr. Negel Chadwick, Chief Executive Officer of Stream Technologies.
Due to the active participation from the initial stage of the ninety eight (98) proposed smart cities announced by the central government. Gaia has the first mover advantage in the smart cities domain in India. “India is indeed a very promising market and Gaia will bring in the best technologies as the segment unfolds. Partnering with Stream Technologies will now take the value proposition in the ecosystem a notch higher and will accelerate the solution development,” said Dr. Sumit Chowdhury, Founder & CEO of Gaia Smart Cities (Former President of Reliance Jio).
Together both companies aim at the emerging segment of Smart Cities and its technology requirements that would unfold in the coming months. The alliance will bring in world class proven solutions and technologies to help cities achieve their goals.