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Wipro and Agnik are partnering on a cloud-based big data platform for the automotive industry

Wipro and Agnik are partnering to develop a cloud-based big data platform for the automotive industry

India’s third largest IT outsourcing firm Wipro announced a partnership with analytics provider Agnik Thursday that will see the two companies partner to develop a vehicle performance analytics platform to help make sense of connected vehicle data.

According to the companies the service will be based on Agnik’s big data platform, which ingests and analyses vehicle and driver performance information along with M2M sensor-generated data.

Wipro, which already offers telematics and connected car solutions, will integrate and support the co-developed offering with consulting and business process optimisation services.

The companies said the vehicle fleet solution can be used for warranty management, detailed prognosis, vehicle failure modelling, geo-spatial analytics, actuarial analysis for insurance, and advanced CRM services.

“Wipro is excited to work with Agnik and bring an innovative connected car solution to the automotive industry and aftermarket businesses,” said Srinivas Rao, vice president and head of service transformation group within Wipro’s manufacturing & hi-tech business unit.

“Our deep investment and expertise in the machine-to-machine space and particularly in connected car environments along with world-wide engagement with automotive companies will be further enhanced by this new cutting-edge solution from Agnik which is based on decade long research,” Rao said.

“We believe advanced personalized analytics will have a deep game-changing impact in the connected car applications for the automotive industry,” he added.

The partnership’s announcement arrives as vehicle manufacturers, telcos and cloud service providers redouble their efforts in the connected car space. According to telecoms industry body GSMA and research firm SBD the global connected car market will be worth €39bn in 2018, up from €13bn in 2012, representing a huge opportunity for telcos and cloud service providers – and increasingly, analytics providers.