Technicolor, a specialist in the media and entertainment sector, is launching Virdata to provide businesses with cloud-based monitoring and management services for “Internet of Things” (IoT) and M2M (machine-to-machine) services.

Virdata’s device and application monitoring and management service features a real-time and historical big data analytics stack. Initial industries targeted by Virdata are consumer electronics, automotive, utilities, health, industrial automation and retail.

Virdata is teaming with IBM to take advantage of IBM SoftLayer cloud capabilities to provide clients with elastic and scalable services.

“Technicolor’s foray into services that enable businesses to conduct faster and more thorough analysis of big data and apply that information is a logical extension of our commitment to develop innovative solutions to address the expanding digital market and to leverage existing assets for scale or access to broader ecosystems,” said Vince Pizzica, Senior Executive Vice President, President of Corporate Partnerships and Ventures, Technicolor.  “Employing these strategies, Virdata is working with IBM, the global leader in cloud, to bring an exciting new approach to IoT services”.

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