Cisco likely to acquire July Systems, a
mobile application platform provider for strengthening its enterprise Wi-Fi
platform to enable better indoor location services capabilities.
United States:
Cisco is all set to acquire the California and Bengaluru based July
Systems, a mobile application platform provider in an effort to strengthen
its enterprise Wi-Fi platform for enabling better indoor location services
capabilities, among other offerings.
July Systems offers an enterprise-grade
location platform with features like instant customer activation, data-driven behavioral
insights, contextual rules engine and APIs. The terms and purchase price of the
acquisition have not yet been disclosed.
In an official statement, the company informed of its plan to add July Systems’
platform and business context capabilities to provide a unified solution on
which their customers as well as partners can build and deliver a range of
indoor location services for industries such as healthcare, government,
logistics, manufacturing, sports arenas, hotels, education and retail.
Founded in 2001, July Systems had raised around $59 million from investors like
Sequoia Capital, Intel Capital and others. According to the Vice President of Cisco,
corporate business development, enterprises will now possess an opportunity for
taking advantage of in-building Wi-Fi for a broad range of indoor location
services. In addition to providing seamless connectivity, Wi-Fi will also aid enterprises
glean deep visitor behavior insights, associate these learnings with their
enterprise systems, and drive better customer and employee experiences.
Cisco has intended several applications
for indoor location services like A hospital manager can look at the
concentration of activity within his facility and determine where bottlenecks
are that could be removed, saving lives. A retail store owner can determine
which areas of the store people tend to congregate in and move featured
inventory for better display.
Cisco said it expects the acquisition to
be complete in the first quarter of fiscal year 2019. The intended July
acquisition is Cisco’s third this year. The company bought artificial
intelligence firm, Accompany in May and cloud technology provider Skyport
Systems in January. Cisco made nine acquisitions in 2017
including AppDynamics and Viptela.
This acquisition will also help Cisco
support intent-based networking - a way of building and managing
networks. Cisco recently announced that it is opening its intent-based network
with a suite of new developer tools. July, a privately held company
headquartered in Burlingame, Calif., sells its product by subscription.
July Systems' platform integrates with a
company's customer management system to identify people walking into a retail
store or mall. The July software can then interact with the people through text
messages, email or push notifications. The system also continuously maps the
physical location of retail customers and uses the information to calculate
their behavior patterns. July Systems software can also send collected data to
business intelligence applications for further analysis. Before the
acquisition, July Systems was a Cisco partner. The company made its location
services and analytics available through the Cisco Connected Mobile
Experiences. CMX is a set of location-based products that use Cisco's wireless
infrastructure
According
to TechSci Research, the acquisition of July systems by
CISCO will enable CISCO to strengthen its enterprise Wi-Fi platform as
well as support intent-based networking - a way of building and
managing networks. The acquisition is also expected to have a positive impact
on the growth of Wi-Fi Analytics Market. The rising penetration of internet as
well as smart devices, such as smartphones, tablets, etc. Moreover, increasing
deployment of data analytics across various brick and mortar businesses, along
with rising competition between online and offline retail businesses is further
expected to propel the Wi-Fi analytics market, globally. Additionally, smart
city initiatives by governments of various countries coupled with advanced
Wi-Fi technologies are also anticipated to boost demand for Wi-Fi analytics
solutions and services in the coming years.
According to the recently published
report by TechSci Research, “Global
Wi-Fi Analytics Market, By Component (Solutions & Services), By
Deployment Type (On-Premise & Cloud), By Location (Indoor & Outdoor),
By Industry (Retail, Hospitality, etc), By Application, By Region, Competition
Forecast & Opportunities, 2023”, The global Wi-Fi analytics market stood
at around $ 1.3 billion in 2017 and is projected to grow at a CAGR of over 28%,
to surpass $ 5.6 billion by 2023, on account of increasing deployment of big
data analytics across various brick and mortar businesses, rising competition
between online and offline retail businesses, growing adoption of public Wi-Fi
systems, etc., across the globe. Moreover, increasing IoT adoption across
various industries, rising adoption of enhanced Wi-Fi technologies for boosting
the performance of Wi-Fi systems, and growing emergence of shared data
ecosystem concept across various retail stores, enterprises, etc., are expected
to boost the global Wi-Fi analytics market in the coming five years.
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