Welcome!

Agile Computing Authors: Liz McMillan, James Carlini, Elizabeth White, Yung Chou, Charlotte Spencer-Smith

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 Alarm.com, 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 www.jasper.com or follow us on Twitter @Jasper__IoT.

Media Contact:
USA
Peter Sadler or Lauren Scherr
LaunchSquad for Jasper
jasper [at] launchsquad [dot] com
+1-415-625-8555

UK
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
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...
WebSocket is effectively a persistent and fat pipe that is compatible with a standard web infrastructure; a "TCP for the Web." If you think of WebSocket in this light, there are other more hugely interesting applications of WebSocket than just simply sending data to a browser. In his session at 18th Cloud Expo, Frank Greco, Director of Technology for Kaazing Corporation, will compare other modern web connectivity methods such as HTTP/2, HTTP Streaming, Server-Sent Events and new W3C event APIs ...
Silver Spring Networks, Inc. (NYSE: SSNI) extended its Internet of Things technology platform with performance enhancements to Gen5 – its fifth generation critical infrastructure networking platform. Already delivering nearly 23 million devices on five continents as one of the leading networking providers in the market, Silver Spring announced it is doubling the maximum speed of its Gen5 network to up to 2.4 Mbps, increasing computational performance by 10x, supporting simultaneous mesh communic...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
Eighty percent of a data scientist’s time is spent gathering and cleaning up data, and 80% of all data is unstructured and almost never analyzed. Cognitive computing, in combination with Big Data, is changing the equation by creating data reservoirs and using natural language processing to enable analysis of unstructured data sources. This is impacting every aspect of the analytics profession from how data is mined (and by whom) to how it is delivered. This is not some futuristic vision: it's ha...
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
The Quantified Economy represents the total global addressable market (TAM) for IoT that, according to a recent IDC report, will grow to an unprecedented $1.3 trillion by 2019. With this the third wave of the Internet-global proliferation of connected devices, appliances and sensors is poised to take off in 2016. In his session at @ThingsExpo, David McLauchlan, CEO and co-founder of Buddy Platform, will discuss how the ability to access and analyze the massive volume of streaming data from mil...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
SYS-CON Events announced today that iDevices®, the preeminent brand in the connected home industry, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. iDevices, the preeminent brand in the connected home industry, has a growing line of HomeKit-enabled products available at the largest retailers worldwide. Through the “Designed with iDevices” co-development program and its custom-built IoT Cloud Infrastruc...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...