Today, Cisco announced its intent to acquire Jasper, a company that delivers a cloud-based IoT service platform for millions of connected devices. With Jasper, enterprises can simplify and automate the management of IoT services across a wide range of connected products such as cars, printers, vending machines and many others.
I’m incredibly excited about this news and believe it will help accelerate the digitization journey of our enterprise customers. Jasper understands that enterprises making connected products need a simple, scalable and interoperable IoT service platform that can support the billions of connected devices estimated to be connected to the network in the next five years. Together, Cisco and Jasper will deliver exactly that to our customers.
At Cisco, we use our build, buy, partner, invest and co-develop approach to innovation to identify and capture key market disruptions such as IoT. Today, Cisco Investments is one of the most active IoT investors globally, with over 50 companies in our portfolio; providing us a front row seat into the disruption and opportunity that IoT promises.
Cisco views Jasper as a unique IoT service platform that is disrupting a massive market with strong strategic alignment with Cisco. Jasper represents the largest platform of scale in IoT today with over 3500 enterprise customers and 27 service providers across 100 countries.
Jasper’s ability to build strong relationships with both enterprises and service providers makes them distinctive in the IoT industry. Jasper recognized early on that in order to support its enterprise customers, it needed to tightly integrate with service provider networks. This strategic decision was game changing – it helped them create an expansive recurring revenue-based business model that offers more breadth and reach than any other IoT player today.
When I first met the CEO, Jahangir Mohammad, I was immediately impressed with his visionary approach to the opportunities available in IoT and his foresight in building a unique business to capture those opportunities. 10 years ago, when everyone was focused on flip phones and the early adoption of smartphones, Jahangir and team focused their energies on connecting everything else, including GPS units, cars, security systems and point of sale devices. This early insight has proved fruitful, and now many millions of “things” are connected to the network and working on Jasper’s platform. More importantly, Jahangir and Cisco share a common vision of how to best serve the opportunities presented by IoT by connecting everything in a way that is simple, scalable, and interoperable. Jahangir will be leading a newly formed IoT Software Business Unit under our IoT and Collaboration SVP/GM Rowan Trollope.
By joining Jasper with Cisco we will help our customers move faster to truly realize the value of IoT.
Find more information about the announcement on cisco.com
This is tremendous news and a great opportunity to lead with the largest software IoT platform in the industry. Well done and Welcome Jasper! -John
Congrats on acquiring Jasper!
Interesting acquisition. This could be very beneficial for Cisco’s Service Provider customers, but it leads me to wonder if more will be coming.
Jasper does a great job of being a connectivity platform for cellular IoT connections, but what about being a single pane of glass for satellite, LPWan, Wi-Fi, short range, etc.??
What about device management? Is another acquisition necessary?
Hi James, thanks for your question. Yes, Jasper adds to our portfolio and helps simplify the IoT with cellular connectivity via a single pane of glass. But as you suggest, much more is possible to include opportunities like those you mentioned. Acquisitions will be only one part of our overall build, buy, partner, invest and co-develop strategy to capture the IoT opportunity.
Great acquisition.
I have been engaged with Jasper for last 3 years, and this will be great IoT addition.
Congratulation Jasper and whole team. Looking forward to IoT strides.
Congratulations to Cisco, a really bold move, and surely means great things for progress within IoT
Its really an exciting news !
Lets rock together !
This will probably be a great partnership because the company already had a vision for connectivity which should compliment Cisco’s approach to IoT
It will be very interesting to see the impact of the cloud-based IoT service integration into Cisco line of products and services. Congrats to Cisco!
Very exciting that #Cisco is moving fast forward to take a stronger leadership role in #IoT.
Good news, Jasper will provide great value addition to Cisco.
Very exciting news. Looks like a tremendous opportunity to provide exemplary end to end IOT service!
Cisco and IOT is Very Good.I like it.
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Thanks.
Look forward to seeing what we can accomplish with Jasper!
While in #IoT there is a lot of potential but slow adoption, here is a way to boost and accelerate the market, Congratulations on the decision,…
Solutions designed with Cisco routers combined with Jasper embedded with collaboration platform will be the real deal of the future. Solving the very basic business problem ( reducing human labor ) through digitization is what this will take shape into.
Great acquisition!Cisco is a great innovative companies
IOT market success key with software and applications.
In the IOT is the strongest GE Predix industrial cloud platform!
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Welcome Jasper !
This is a awesome addition to Cisco’s portfolio of capabilities around IoE/IoT. Looking forward to the close of this acquisition as we develop a unique value proposition for enterprise customers. Welcome Jasper to the Cisco family!
Thanks for article.
judt curious to know..Jasper acquisition has any impact on cisco & ericsson next generation strategic partnership, as ericsson also has a M2M/IoT platform called EDCP?
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Great News. It will bigger expand our IoT strategy.
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This seem great news!Cisco is a great innovative companies IOT market success key with software and applications. It will bigger expand our IoT strategy.
I think that this is a good move from CISCO. There are a lot of opportunities in IOT market.Also the adoption rate is not very good these days, i think it will increase exponentially in the near future.
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Thanks for this announcement. Jasper will certainly help us in the expansion of the wireless market aka a (rugged) wireless IoT mesh.
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