Tata Comm betting big on IoT, to spend $100 million in 2-3 yrs
Tata Communications Ltd is set to invest about USD 100 million in the the Internet of Things (IoT), a digital space the company is betting big on in the next few years.
IoT is a serious business and will become a significant revenue line for the firm going forward, Tata Communications Senior Vice President and Head, Internet of Things, VS Shridhar said.
He, however, did not disclose projected revenue numbers.
"There will be a lot of action over the next two to three years in IoT. We have tall ambitions. Overall investment over the next two to three years will be USD 100 million," Shridhar told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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