The example of GE, with its Industrial IoT Initiative, shows that telcos may not be the main drivers of new revenues from the Internet of Things. Manufacturers of heavy equipment have rarely been in the vanguard of digital technology, but their customers generate huge amounts of data which can be turned into gold, if this traditional sector gets wise to artificial intelligence and massive data analytics.
With this in mind, French aerospace and transport equipment giant has acquired Guavus, a specialist in analytics for telcos, in a bid to turn apply the firm’s operator-focused knowledge to its own sector.
The deal is valued at up to $215m in cash, and is expected to be concluded in the third quarter. Guavus will operate as a wholly owned subsidiary, claiming it will remain heavily oriented towards its operator customer base as well as supporting its new parent’s objectives.
Guavus’s technology will enhance Thales’ existing portfolio of analytics solutions in aerospace, transportation, space, security and defense industries.
Patrice Caine, Thales’ CEO, commented in a statement: “Combined with our established expertise in other key digital technologies, the acquisition of Guavus represents a tremendous accelerator of our digital strategy for the benefit of our customers. The application to Thales’s core businesses of Guavus’ technologies and expertise in big data analytics will strengthen our ability to support the digital transformation of our customers, whether in aeronautics, space, rail signaling, defense or security.”
Like GE, Thales is incorporating more and more intelligence and data analytics in its machines, infrastructure and management solutions. It says Guavus’s analytics will enable it to extend its capabilities in areas of high importance to its customers, such as predictive maintenance, cybersecurity, critical infrastructure monitoring, and network and telecom optimization.
Founded in 2006, Guavus says it supports critical operational infrastructure for the five largest North American mobile operators, four of the top five Internet backbone carriers in the world, and seven of the top eight North American cablecos. It claims to analyse around 5,000 terabytes of data a day.