The companies will jointly work on IoT solutions for brand owners, retailers as well as industrial and logistics sectors.
Smartrac Technology Group, a global market leader in RFID products and IoT solutions, and Sasken Technologies Ltd, a leading product engineering and digital transformation services provider, have formed a strategic technology partnership for Internet of Things (IoT) solutions.
The companies said in a statement that they will bring in their respective capabilities to deliver market-ready IoT solutions to drive value in operations, supply chain and customer engagement focusing on brand owners, retailers, and the industrial and logistics sectors.
The partnership will bring together Smartrac’s industry-leading RFID transponder technology and innovative Smart Cosmos solutions platform with Sasken’s strong services delivery expertise.
For faster innovation in IoT sector
Dinesh Dhamija, CTO and member of the Management Board, Smartrac, believes that this combination will bring unequaled new capabilities to the global market for companies looking to optimize supply chains, enhance customer engagement, and drive efficiencies across their value ecosystem.
“We look forward to rapidly delivering innovation in the IoT sector with this new level of performance and operational excellence,” he added.
Sasken Executive VP and GM (Digital) Raman Sapra, commented, “We will use Smartrac’s solutions platform Smart Cosmos and IoT capabilities along with our digital services capabilities in cloud, IoT, mobile apps and analytics to deliver innovative industry-specific applications that enable our customers to realize the value of digital.”