Tata Comm to spend big on IoT

India’s Tata Communications Ltd is all set to invest about US $00 million in the the Internet of Things (IoT).

According to a news report filed by Indian news agency Press Trust of India (PTI), the  Mumbai-based company has already rolled out its dedicated IoT network in 38 cites across the country, along with a platform to manage the services that supports very low power consumption, he said.

Senior Vice President and Head, Internet of Things, V S Shridhar told PTI that IoT was a serious business and would become a significant revenue line for the firm going forward, Tata Communications.

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