(Telecompaper) Toshiba and Microsoft will jointly develop systems for the Internet of Things (IoT) after signing a memorandum of understanding. The systems will initially target the transportation and logistics market. Leveraging Toshiba's innovative IoT devices with Microsoft's Azure IoT Cloud infrastructure, Toshiba will deliver state of the art sensor-data-driven applications in various market segments starting this calendar year. Toshiba will provide XaaS (X as a Service) making use of in-house technologies such as ApP Lite (Application Processor Lite), in-vehicle driving recorders, sensors and cloud storage services and Microsoft will provide IaaS (Infrastructure as a Service), private line services (Azure ExpressRoute) and advanced analytics (Azure Machine Learning) as part of Microsoft Azure.