India IOT ( Internet of Things ) Updates — Q1 2016
It’s been more than six months now when I first wrote about India’s IoT market and unmissable growth opportunities that IoT can provide. Based on the most recent information from NASSCOM this emerging sector could be worth $300 billion by 2020, and India is targeting 20% of market share in IoT.
Here are some IoT ( Internet of Things ) related updates for Q1 2016
Andhra Pradesh as IoT Hub by 2020:
This will attract hundreds of IoT companies and create 50,000 direct employment within the state of Andhra Pradesh
Under the policy, the state government would also endeavour to set up IoT centres of excellence and create an innovation fund. Incentives, both financial and non-financial, would be extended to eligible companies and would be granted by the Consultative Committee of IT Industry,
Industrial Internet of Things (IIOT) — Industry 4.0
India must lead and earn benefits from Industry 4.0 which is the fourth industrial revolution. With 3D printing, robotics and advanced manufacturing, India can establish its power again with the use of these technological innovations of future. The adoption of Industry 4.0 will be almost an inevitable necessity for the Indian economy.
Within APAC, China would be the largest market share for IIoT, whereas India is expected to grow at the highest growth rate among all the major markets.
IOT to reduce cost and increase food safety for Domino’s Pizza and Dunkin’ Donuts
Wipro announced a five-year partnership with Jubilant FoodWorks Limited, master franchisee for Domino’s Pizza and Dunkin’ Donuts in India to deliver energy management services and help reduce its energy and operational costs.
Wipro to include analytics and IoT technologies to improve various aspects of food safety and guest experience in order to reduce overall maintenance costs and help in maintaining their market leadership position in the Quick Service Restaurant (QSR) market in India.
Bridging the gap between Urban and Rural India
IOT technology enables relevant information and updates to be made available in local languages. This technology can also be leveraged to provide high-quality remote education in high schools across the rural country.
Oracle India managing director Shailender Kumar said
“It is a surefire way of channeling the benefits of a digital economy to the largest part of the country. IoT will enable delivery of education, health, governance and financial services to otherwise underserved areas,”
IoT Security Issues
Do you really want a connected TV with voice recognition in your living room even your TV records/hears your private conversations?
Security concerns vary from geography to geography and individual to individual. In India, among IoT device owners, losing passwords and debit card information are the biggest fears and losing health information and browsers history is not that much of an issue.
Chairman of NASSCOM, BVR Mohan Reddy, called upon Telangana to establish institutes of excellence for IT sector and said
“Create an Institute of Excellence for IoT, establish an Institute to protect Intellectual property and as the security is emerging as bigger threat, establish an Institute for Cyber Security to deal with it,”
The impact of digital technologies is now felt not only in the IT department but across the entire organization, creating a huge demand for disruptive technology skills.
While at political level 1,000 British graduates will boost their digital skills through paid internships with Tata Consultancy Services; but India lacks innovation skills to use these new emerging technologies to their own advantages. There are not many students learning programming for Industry 4.0. In this Gig Economy we need to stop thriving for useless engineering degrees and take lead in creating opportunities using such futuristic technologies.
There are not many students learning programming for Industry 4.0. In this Gig Economy we need to stop thriving for useless engineering degrees and take lead in creating opportunities using such futuristic technologies.