Jasper Technologies Inc.

Jasper Technologies Inc. provides a comprehensive connectivity management platform for IoT devices, enabling businesses to streamline operations and optimize efficiencies across various sectors, including transportation and energy. Founded in 2004 and headquartered in Santa Clara, US, Jasper Technologies Inc. specializes in IoT connectivity solutions.

The company was acquired by Cisco Systems, Inc. on February 3, 2016, for USD 1. 4 billion, transitioning to a strategic focus on enhanced global device connectivity and management. The company is led by CEOs Konda Ravindranath and Shonda Webb.

Jasper Technologies Inc. offers a robust connectivity management platform tailored for Internet of Things (IoT) devices. Its services facilitate zero-touch provisioning and rules-based automation, essential for industries like connected cars, smart utilities, and fleet management. The platform supports businesses in managing connectivity across thousands of devices, enhancing operational efficiency and customer experience, with clients spanning North America, Europe, and Asia-Pacific.

The revenue model for Jasper Technologies Inc. is built around subscription services, where businesses pay for access to the platform based on their IoT device management needs. This B2B model includes licenses for connectivity management, device monitoring, and support, which are integral to efficient IoT operations. The tiered pricing structure accommodates various levels of service tailored to client needs.

Following its acquisition by Cisco, Jasper Technologies Inc. aims to enhance its IoT platform through the integration of advanced security and analytics capabilities. The company plans to expand its offerings into new geographic markets including additional regions in Europe and Asia by 2025. The USD 1.

4 billion acquisition will facilitate these initiatives, establishing a more comprehensive platform for device connectivity and management.