Mumbai, July 7 (IANS) Anil Ambani-led Reliance Group here on Thursday appointed Juergen Hase as the Group CEO of its Internet of Things (IoT) business.
Juergen has worked in the global telecommunications industry for more than 25 years to develop, implement and execute new businesses in different global markets.
Till recently, he was responsible for implementing the IoT business for Qatar-headquartered international telecom company Ooredoo in the Middle East, North Africa and South Asia, in multiple vertical segments like automotive, smart cities, healthcare, insurance and energy.
“Juergen will be based out of Reliance Group’s headquarters at Mumbai, reporting to Group Managing Director, Amitabh Jhunjhunwala,” a statement from the company said.
“The Reliance Group has drawn up a comprehensive strategy, with an emphasis on initially leveraging its domain expertise across existing business verticals in telecommunications, power and utilities, financial services, road and metro rail transportation, and health care, and its over 250 million customer base, to drive accelerated growth in the IoT space,” the statement said.
Reliance Communications has already announced an IoT partnership with Jasper (which was subsequently acquired by Cisco), and various IoT solutions have been jointly piloted in India over the past few months in preparation for the commercial launch.
A few of the pilots already underway within the Group include Reliance Energy in the utilities sector for smart grid management to decrease power transmission and distribution losses, demand side management to help consumers lower their energy bills and fleet management of maintenance vehicles, the statement said.