HCL Technologies has collaborated with IBM to jointly develop ‘Internet of Things’ solutions for customers, the company said in a statement on Wednesday.

The two companies will focus on specific verticals including industrial & manufacturing and ‘smart facilities’ to jointly develop solutions around ‘Connected Products and Operations’ such as remote monitoring, smart inventory management, smart building and facilities management, the statement added.

For this purpose, HCL and IBM will set up an incubation centre in Noida, Uttar Pradesh to develop solutions for chosen industries.

“Through joint efforts, the two companies will enable seamless integration of device, connectivity, data platform and analytics to address complex enterprise and industrial IoT challenges,” HCL said.

Chris O’Connor, GM – Offerings, Internet of Things, IBM, said, “Combining HCL’s IoT design capabilities in hardware and platforms with IBM IoT Foundation Platform, the result is a capability that generates new value across every segment we are targeting.”