LAS VEGAS — Cisco Jasper added several new capabilities to its Internet of Things (IoT) platform including support for low power WAN IoT connectivity standards such as narrowband IoT (NB-IoT) and LTE-M. The company talked about the upgrades to its IoT platform today at Cisco Live 2017.
Called Control Center 7.0, this is the first major upgrade to the company’s IoT platform since Cisco purchased Jasper for $1.4 billion in February 2016. According to Theresa Bui Revon, head of IoT product marketing and strategy at Cisco Jasper, the company currently manages more than 43 million devices on its platform, and adds more than 1.5 million new devices every month. However, it also has heard from many customers that the biggest challenge enterprises have is moving from pilot to full-scale rollout because IoT is difficult to scale and manage.
To help with that, Cisco Jasper added several features to its Control Center 7.0. The platform will now provide IoT connectivity for many low power WAN technologies including NB-IoT and LTE-M. In the U.S. LTE-M is being widely deployed by operators such as AT&T and Verizon. Cisco Jasper currently has an exclusive deal with AT&T to manage that operator’s IoT devices. “Many companies will have hybrid devices that include these [technologies],” said Revon.
Other new features include integration with Cisco’s Umbrella cloud security platform, which will protect IoT devices from malware and phishing attacks; and a new set of analytics that will let enterprise customers see everything a device has done on the network so customers can analyze what is normal behavior and identify any deviations.
Control Center 7.0 will also offer traffic segmentation, which will help service providers make more money from their IoT services by applying a rating engine to the IoT devices so customers can be charged differently for different types of services. For example, if a carmaker wants to offer free streaming service to their customers for 30 days, Jasper Cisco can figure out how much data a customer used to stream that service and charge it to the carmaker or another third party. “Before this capability, customers didn’t know who to bill or how much to bill,” Revon said.
Cisco’s acquisition of Jasper appears to be paying off for the company. In March, Cisco Jasper said its business had grown from 3,500 enterprise customers to 9,000 customers in just one year.
Plus, Rowan Trollope, senior vice president and general manager of Cisco’s IoT and Applications business, told investors in March the Cisco Jasper business was “on fire” and that 95 percent of the business is recurring revenue.