Click here to close now.


Agile Computing Authors: Carmen Gonzalez, Jayaram Krishnaswamy, Liz McMillan, Kevin Benedict, Pat Romanski

News Feed Item

Jasper Raises New Capital, Enters Growth Phase Highlighted by Unprecedented Demand for Internet of Things Platform

Jasper Surpasses 1,000 Enterprises, Partnering With 19 Mobile Operator Groups Using Its Cloud-Based Platform to Power Internet of Things Success

MOUNTAIN VIEW, CA -- (Marketwired) -- 04/16/14 -- Jasper today announced a $50 million round of growth financing led by Temasek to enable the company to serve the surging demand from global enterprises and mobile operators for its Internet of Things (IoT) platform. Jasper was founded in 2004 to offer a cloud-based approach designed to enable enterprises to launch, manage and monetize IoT businesses. Today more than 1,000 companies manage millions of connected products and devices on the Jasper Platform. They are deployed across Jasper's global operator partner network of 19 mobile operator groups representing over 100 network affiliates worldwide.

Service IT: Enabling Global Enterprises to Capitalize on the Benefits of IoT Technology

Most enterprises recognize the opportunities presented by a physical world that is becoming increasingly connected. As the IoT movement gains momentum, connected devices are the tools that help businesses establish a direct, always-on connection between themselves and the rest of the world. Connected devices are enabling companies to build stronger relationships with their customers and are becoming a conduit for new services, business models and sources of revenue. While the possibilities for delivering new benefits are endless, companies that embrace IoT quickly discover the need for a component essential to deploying and managing their IoT initiatives: Service IT.

Service IT is the software and systems required to build a successful IoT business. Jasper, a pioneer in the emerging category of Service IT, has spent nearly a decade building its IoT platform. Jasper delivers the real-time visibility and control that companies need to launch, manage and monetize a successful service business, all in a single, turnkey, cloud-based solution. An increasing number of industries are choosing Jasper to manage their IoT initiatives and enable capabilities critical to their business success, including mobile service management, real-time engagement, support diagnostics, billing and business automation.

"After nearly a decade partnering with enterprises and operators, we know one thing with absolute certainty: the Internet of Things is not about things, it is about service," said Jahangir Mohammed, founder and CEO of Jasper. "We are seeing explosive growth in the number of Internet-connected devices, with many more billions anticipated by the end of the decade. And for over a thousand companies around the globe, these services are already made possible by our IoT platform. We make it easy to successfully deploy IoT service businesses."

Jasper: Trusted by the World's Most Innovative and Respected Brands

Jasper was founded with the vision of making it easier for companies to launch and build connected businesses that deliver new high-value services through real-time, ongoing customer engagement. Today, the Jasper Platform powers the IoT initiatives of more than 1,000 of the world's most innovative companies, including, Air Liquide, Audi, Boston Scientific, Coca-Cola, Ford, Garmin, General Electric, General Motors, Honeywell, Nissan, Securitas and many others.

In the automotive industry, Jasper is working with major car manufacturers to connect automobiles. They are now delivering real-time traffic, weather, entertainment, and over-the-air maintenance services, opening up new revenue streams and business models.

In the healthcare and medical device industries, Jasper has helped leading brands to connect devices, patients, caregivers and healthcare professionals, optimizing treatment and delivering more effective service by rapidly gathering and communicating patient data.

The Jasper Platform is empowering the airline industry to connect jet engines to a centralized system, enabling real-time preventive maintenance and helping to reduce the loss of more than $8 billion in operational costs that result from flight delays and cancellations each year.

As a leading partner to mobile operator groups around the world, such as AT&T, America Móvil, SingTel, Telefónica and Telenor, Jasper helps bring new, profitable revenue streams to existing mobile businesses.

Companies across an increasing number of industries are seeking ways to transform their business in the era of the Internet-connected physical world. Jasper enables this transformation.

Capital Infusion to Drive Product Innovation

Jasper helps enterprises and operators capitalize on the IoT opportunity, bolstered by deep platform integration with major mobile operator partners across six continents, and the proven ability to scale and adapt to enterprises in more than 20 industry verticals.

The $50 million influx of capital will allow Jasper to accelerate innovation of its platform to further increase business value for enterprises and operators.

The new round is led by Temasek. Incorporated in 1974, Temasek is a global investment company headquartered in Singapore. Supported by 11 offices worldwide, Temasek owns a S$215 billion portfolio, with assets in Asia, North America, Latin America and Europe.

About Jasper Wireless, Inc.

Becoming a connected business means becoming a service business. And that's where Jasper comes in. Jasper is the pioneer in cloud-based platforms for the Internet of Things (IoT) and the defining player in the Service IT category. The Jasper Platform empowers enterprises and mobile operators of all sizes to deploy successful IoT service businesses on a global scale. More than 1,000 companies, including many of the world's top brands, have chosen Jasper to fast-track their connected businesses. Mobile operator groups worldwide, representing over 100 network affiliates, partner with Jasper.

Founded in 2004, Jasper is based in Mountain View, California. For more information, visit or follow us on Twitter @Jasper__IoT.

Media Contact:
Peter Sadler or Lauren Scherr
LaunchSquad for Jasper
jasper [at] launchsquad [dot] com

William de la Bedoyere
AxiCom PR for Jasper
william.delabedoyere [at] axicom [dot] com
+44 20 8392 8074

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in high-performance, high-efficiency server, storage technology and green computing, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded Systems worldwide. Supermi...
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, will discuss the impact of technology on identity. Should we federate, or not? How should identity be secured? Who owns the identity? How is identity ...
This week, the team assembled in NYC for @Cloud Expo 2015 and @ThingsExpo 2015. For the past four years, this has been a must-attend event for MetraTech. We were happy to once again join industry visionaries, colleagues, customers and even competitors to share and explore the ways in which the Internet of Things (IoT) will impact our industry. Over the course of the show, we discussed the types of challenges we will collectively need to solve to capitalize on the opportunity IoT presents.
Today’s connected world is moving from devices towards things, what this means is that by using increasingly low cost sensors embedded in devices we can create many new use cases. These span across use cases in cities, vehicles, home, offices, factories, retail environments, worksites, health, logistics, and health. These use cases rely on ubiquitous connectivity and generate massive amounts of data at scale. These technologies enable new business opportunities, ways to optimize and automate, along with new ways to engage with users.
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes about through a Communications Platform as a Service which allows for messaging, screen sharing, video...
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.
SYS-CON Events announced today that Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, will keynote at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data shows "less than 10 percent of IoT developers are making enough to support a reasonably sized team....
The IoT market is on track to hit $7.1 trillion in 2020. The reality is that only a handful of companies are ready for this massive demand. There are a lot of barriers, paint points, traps, and hidden roadblocks. How can we deal with these issues and challenges? The paradigm has changed. Old-style ad-hoc trial-and-error ways will certainly lead you to the dead end. What is mandatory is an overarching and adaptive approach to effectively handle the rapid changes and exponential growth.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
As a company adopts a DevOps approach to software development, what are key things that both the Dev and Ops side of the business must keep in mind to ensure effective continuous delivery? In his session at DevOps Summit, Mark Hydar, Head of DevOps, Ericsson TV Platforms, will share best practices and provide helpful tips for Ops teams to adopt an open line of communication with the development side of the house to ensure success between the two sides.
The IoT is upon us, but today’s databases, built on 30-year-old math, require multiple platforms to create a single solution. Data demands of the IoT require Big Data systems that can handle ingest, transactions and analytics concurrently adapting to varied situations as they occur, with speed at scale. In his session at @ThingsExpo, Chad Jones, chief strategy officer at Deep Information Sciences, will look differently at IoT data so enterprises can fully leverage their IoT potential. He’ll share tips on how to speed up business initiatives, harness Big Data and remain one step ahead by apply...
There will be 20 billion IoT devices connected to the Internet soon. What if we could control these devices with our voice, mind, or gestures? What if we could teach these devices how to talk to each other? What if these devices could learn how to interact with us (and each other) to make our lives better? What if Jarvis was real? How can I gain these super powers? In his session at 17th Cloud Expo, Chris Matthieu, co-founder and CTO of Octoblu, will show you!
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target - this makes the integration of these separate pipelines and the coordination of software upd...
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context w...
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, will explore the current state of IoT connectivity and review key trends and technology requirements that will drive the Internet of Things from hype to reality.
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.