Case Study: Lochbridge achieves 40% development cost savings and faster IoT go-to-market with Oracle Cloud

Lochbridge Transforms Business with Oracle Cloud Solutions

Lochbridge, a Detroit-based technology consulting firm with four decades of experience, needed to transform from a services shop into an IP-driven ISV and help clients across industries—automotive, insurance, healthcare and more—accelerate IoT solution development. The challenge was delivering scalable, repeatable IoT products and services that let customers quickly connect edge devices, gain insights, and improve customer experience.

By adopting Oracle Cloud Platform (IaaS, PaaS, IoT and Big Data services), Lochbridge built an IoT acceleration framework, Diagnostics-as-a-Service and Risk Analytics-as-a-Service, and leveraged Oracle Database and Big Data Cloud to ingest and monetize large data volumes. The move cut development costs by 40%, sped customer onboarding, enabled custom, scalable IoT solutions (including usage-based insurance and device testing tools), and helped clients reduce warranty/repair costs and uncover new revenue and efficiency opportunities.

Lochbridge

Romil Bahl

CEO