NASSCOM - National Association of Software and Services Company is giving more importance to this next so called People Technology - IOT.
Internet of Things,
popularly recognized as IoT, is an emerging disruptive technology of the 21st
century. Quite simply because “smart objects” can now freely “talk” to each
other and generate enormous volumes of data, spread across disparate
communication networks. Interconnectivity, coupled with what sensors can now
capture, has now reached a very high level of maturity. Given the volume,
velocity and variety of this data and out of seeming randomness, the Analytics
engine can be powered to cull out critical information about consumer
behavioural patterns, from just about any industry vertical.
It’s a mammoth
opportunity for the world, as much as it is for India. In five years, the
global opportunity is likely to touch 300 billion USD and in comparison, India
too would boast of a 15 billion USD market in IoT. It needs fostering with
utmost care.
Towards this, The
Centre of Excellence for IoT- a combined initiative of Department of
Electronics & IT, ERNET India and NASSCOM - is expected to promote an IoT
ecosystem, which is vibrant & at the same time innovative, which will help
our country attain a leadership role in this field.
·
To create innovative
applications and domain capability across verticals for country’s needs such as
Smart City, Smart Health, Smart Manufacturing, Smart Agriculture, etc.
·
To build industry
capable talent, start-up community and entrepreneurial ecosystem for IoT.
·
To provide an
ecosystem for innovation to thrive and embrace entrepreneurship
·
To energise Research
mind-set and reduce costs in Research and Development by providing neutral and
interoperable, multi-technology stack laboratory facilities
·
To reduce import
dependency on IoT components and promote indigenization
·
To position India as a
provider of end-to-end solution in Engineering space
·
To provide environment
for product Creation, Testing and also for Validation & Incubation.
For more details, contact Appin Coimbatore
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