BlackBerry Limited (NASDAQ: BBRY; TSX: BB), mobile communications company with the market cap of $3.85B, has announced Project Ion. It helps businesses to connect people, devices and machines to derive value from these connections. Project Ion was announced at the O’Reilly Solid Conference in San Francisco on May 21. Utilizing the open source and third party analytical tools, Project Ion will offer necessary resources to access huge quantity of data from multiple disparate sources and distill it to fathomable information. BlackBerry believes Project Ion will aid their mission to offer end-to-end solutions for the Internet of Things. BlackBerry launched in 1999 in Waterloo aims to inspire the success of millions of their customers around the world by continuously pushing the boundaries of mobile experiences.

“As connectivity costs continue to fall and connected technologies become pervasive, a new market is emerging – the Internet of Things. Billions of connections generating trillions of transactions and exabytes of data daily will require platforms that can operate securely on a global scale. No other company is in a better position than BlackBerry to provide the technological building blocks, applications and services needed to enhance productivity, improve real-time decision making and deliver on the vision of the Internet of Things,” said John Chen, Executive Chairman and CEO, BlackBerry in the conference.

Project Ion includes the development of a secure public application platform, facilitation of IoT ecosystem and strategic partnerships. According to Forrester Research, Inc., new smart products and the systems that connect them will eventually provide users with more personalized experiences. By collecting and combining both personal data and contextual information from the surrounding environment in real time, these products will give individuals experiences that serve them in their immediate moment of need. Project Ion will empower companies and organizations across a range of industries that are in need of better logistics including patient care, consumer products companies, insurers and manufacturers.