IoT emerging as the next technology mega-trend

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By connecting to the Internet billions of everyday devices—ranging  from fitness bracelets to industrial equipment—the Internet of Things (IoT) merges the physical and online worlds, opening up a host of new opportunities and challenges for companies, governments and consumers.

The IoT will surely indicate the possibilities and the changes in business models, at least for some of the industries. Businesses will most likely concentrate on the consumer behavior, and based on that, they will design their future business strategies. There are definitely many business organizations which would definitely love to get access to this kind of data for branding their products as well as services.

One of the major trends that you must keep in mind is that the big part of IoT is not only about the smart devices, but also about the smart sensors. These kinds of innovations can be influential in terms of production, no matter which industry your business belongs to. You will be able to record the data and send it back to the cloud. It will also allow you to collect specific feedback on how your customers are using your products and services and what exactly they feel about your services. In fact, these insights also help businesses understand the probable requirements of the customers in future.
Brand and IOT opportunities

According to Pankaj Rana, Business Head, Mobility Division, Panasonic India, “We are encouraged to see the growing IoT and Panasonic is looking to engage in the security space as we believe it is one of those areas which will offer us avenues of opportunity. We will assess where Panasonic can leverage the IoT opportunity and move accordingly. Right now – based on the segments Panasonic is most invested in, we are encouraged to see evolving opportunities in the automotive solutions and security & surveillance businesses. We would also like to highlight that IoT shouldn’t only be looked at from a consumer point of view; at Panasonic we are more invested in providing B2B solutions and believe this will present us more opportunities to explore the IoT space in India.”

“The IoT has been gaining increasing market traction over the last few years. Need for standardization of all devices across an IoT ecosystem coupled with favorable government policy environment are set to fuel growth in the country’s IoT market over the next five years. For our Zion brand products, we are taking IoT very seriously and keeping a close tab on global developments related to IoT. In fact, we have personally interacted with a few Indian start-ups actively engaged in the field of IoT. We believe that in coming 3-5 years, IoT will be completely dominating our lifestyle, and will be brought to use across the Industry verticals, which is clearly visible with smart watches, remotely controlled and monitored consumer electronic products like ACs, Access controls, electrical systems and several more,” said, Vipul Modi, VP, Marketing & Sales Abacus Peripherals Pvt Ltd.

“With the ever-changing needs of the 21st century, BIOSTAR is a brand that aims to stay relevant to meet the needs of the consumers. Backed by an effective R&D team, BIOSTAR continues to produce a wide variety of products to make users’ lives a better and more convenient,” said, Jesse Chen, Biostar India.

“IoT is going to have a unique place in healthcare systems. The perceived value is high. From critical systems in the hospital ecosystems to next-gen training and education systems, IoT, coupled with big data analysis, is going to play a huge role in better patient outcomes. We, at Buzz4health, are working on some interesting prototypes, that will make digital continuous medical education seamless and more accessible,” said, Hitesh Ganjoo, Founder & CEO of Buzz4Health.

“We have a world class IoT application development team which delivers IoT products and applications that drive growth. Our centers focus on supporting the Indian, North American and European clients with applications of IoT through smart products, optimization, automation and decision. With wearables, integrating interactive sensors in the devices will gain popularity yet exchange of data is going to take centre stage is what we believe and will be prominently embedded in sensors, softwares, electronic devices in the initial stages. So for the seamless performance of IoT enabled apps and physical devices, we have a world class team to deliver without any glitches,” opines, ……. GoodWorklabs.

“LeEco is an established global Internet and ecosystem conglomerate and we are betting big on the IoT revolution. In fact, our ecosystem is at the heart of our business model that comprises of the following elements – Platform, Content, Device and Applications with seven sub-ecosystems (Internet, Content, Big Screens, Phones, Automobiles, Sports and Internet Finance) making it a unique and future-focused model. We understand the world is moving towards a smarter ecology that meets the changing consumption patterns of the consumers today. Being connected on the Internet via a plethora of devices that can send across information to garner a smart response is imperative to the future, which is why we are churning out devices that offer a wholesome Internet experience. Our smart devices are only one element of the entire ecosystem, which will soon be complemented by our Smart TVs and electric vehicles. Through our open and vertically integrated approach, our mission is to open new horizons for our customers by offering the highest-quality products them at disruptive prices,” said, Atul Jain, COO, Smart Electronics Business, LeEco India.

“IoT will shape the future of both telecoms and other global industries. As part of the third wave of the development of the Internet, our initial investment into IoT was $1,000,000 we made in an R&D hub in Israel, Tel Aviv. This hub consists of STK product engineers working on new technology in the IoT space and we will be launching our first ‘connected’ product in July 2016,” said, Henri Salameh, Global Head & Executive Director, STK.

“Smartron is founded with a vision to be India’s first global technology OEM brand riding the IoT wave. IoT is the basis for every product we develop. Smartron is working on next generation of smart IoT devices that are more autonomous and intelligent with integrated services and care by investing in the areas of smart, sensor, robotics, artificial intelligence and big data technologies,” said, Mahesh Lingareddy, Co-Founder & CEO of Smartron India Pvt Ltd.

“IoT can be as useful to brands as much as the brands are willing to make IoT useful for them. Adoption, with careful execution and clinical promotion will ensure great results for any brand. In the era of IoT, the unparalleled connectivity among devices creates new conveniences for users and consumers. Making everything from refrigerators to automobiles smarter may let consumers keep food temperatures constant or alert them when the air pressure is low in the tires. Last year, Government of India announced that it has plans to create a $15 billion IoT market in the country in the next five years. SYSKA has always been a pioneer in identifying the opportunities at the very early stage and we are in process to bring many more IoT lights and products; Smart Light series is our first step towards the same. But this is just the beginning,” concluded, Rajesh Uttamchandani of Syska.

Major roadblocks

“There are two major roadblocks largely because of two reasons. The first set of hurdles is business-related. Many organizations are yet to establish a clear picture of what benefits the IoT can deliver. Many have not yet invested the time to develop ideas on how to apply IoT to their business. The second set of hurdles is the organizations themselves. Many of them have insufficient expertise and staffing for IoT and lack clear leadership. Also the underlined fact being currently IoT is more of a luxury asset than a need in India. The comparatively higher cost of IoT-enabled devices are curbing its mass adoption, in addition to which, the limited broadband connectivity is also a challenge for the common man. Currently, IoT devices are only being considered by the elite classes who can afford it,” explained, Modi of Abacus Peripherals Pvt Ltd.

“The IoT is limited to those with current Internet access and it may not be very inclusive to those without ready Internet access. Also, with the anonymity provided by the Internet, there might be unwanted security threats by black-hat hackers. Hence some major obstacles would be to include the people with no ready Internet access in the IoT system and to ensure the safety and security of confidential information,” said, Chen of Biostar India.

“Ambiguity over IoT standards is one big issue for future. Better standards will also make way for more independent developers to make apps and thus create more use cases for mass adoption. Integration between different IOT devices is also highly dependent on clearer universal standards,” said, Ganjoo of Buzz4Health.

“There can be various challenges that may hamper the viability of IoT. Most importantly, security is one of the major concerns in a connected world. With IoT devices connected with each other, it will be extremely easy for hackers to access and misuse the entire network. One can only fathom the amount of personal and private data the connected devices upload on the IoT network, which can be susceptible to malicious intent. The major challenge here is to figure out how the communication in the IoT realm can be made truly secure. Needless to say, seamless data connectivity is also very critical for ensuring smart devices are able to connect and interact with each other,” said, Jain of LeEco India.

 

“It requires an ecosystem approach, and this requires collaboration amongst companies. It involves hardware, software, cloud, services and support, which is very capital intensive and would take a long time to market. Some of the verticals are not mature hence it requires one to be patient until these markets reach that stage,” said, Lingareddy of Smartron India Pvt Ltd.

“There is a huge potential for IoT in India, but there are equally massive roadblocks – like interoperability, standards, regulatory frameworks, data security and skill sets. Also at present, the mass consumer is not yet convinced of the benefits of IoT and so it will take time to educate them. We envisage that IoT will really start to take off in the summer of 2017,” said, Salameh of STK.

There is a huge opportunity in the local and global market for IoT. However, Designing and manufacturing electronics products for IoT have many significant challenges, both technical and business related. Some of the key challenges one might face are slow paced innovations especially in Silicon capabilities, IP, Hardware, Battery Life, cost and network compatibility,” said,   Uttamchandani of Syska.

“Robust deployment of IoT technology needs a clear and effective communication channel. The Web is still in a nascent stage which, when addressed the question of reliability, stability, latency of quality and most of all security, has very less to offer. A resilient system is yet to be in place to govern the interoperability of the connected devices if and when product lifecycles come to an end. IoT devices are expected to work and sync with apps other than those with which it had been originally developed, tested and released. So there is a need for a smarter network,” said, …… GoodWorklabs.

“Since implementation is still at a nascent stage, we believe the biggest roadblock is infrastructure. We still have major issues when it comes to achieving universal connectivity and that is needed to improve drastically if we are to create the ecosystems at both a consumer and an enterprise levels. Another area where we feel IoT implementations will face major challenges is data security. In fact, with regard to mobility, this will an especially sensitive challenge as surveillance and privacy are always treated as odds. If IoT is to be implemented, it will be something companies will have to work with improving and showing that security is a pressing concern and needs to be treated very seriously once IoT ecosystems are slowly brought into picture,” concluded, Rana of Panasonic India.

Importance of skill development

According to Jain of LeEco India, IoT consists of various components integrated to form a seamless ecosystem. Be it the hardware, software or the communications infrastructure required to connect to the Internet, each carries a specific skill set that adds value to the overall ecosystem. Therefore, investment in skill development becomes extremely critical. Also, to be able to provide a smooth experience of IoT, one would require a tremendous investment in infrastructure as well for seamless connectivity. We are already working on our content infrastructure to give consumers seamless access to on-the-go audio and video content. Our plans to set up a manufacturing facility and utilize the benefits of the ‘Make in India’ initiative will help in fostering innovation, protecting intellectual property, and enhancing skill development, to put the consumer in the best position possible to benefit from this IoT boom.

“It is very important. India lacks robust product ecosystem, and IoT requires strong skillset in industrial design, mechanical engineering, hardware, software etc. In addition to this, to be able to provide timely and highly intelligent and personalized services, IoT also requires skills in artificial intelligence, machine learning, deep learning and big data analytics,” said, Lingareddy of Smartron India Pvt Ltd.

“In the wake of the changing economic environment, it is necessary to focus on educating and advancing the skill sets of the young population of the country. IoT has started to and will eventually re-shape the way we live our lives. Investment into R&D, people and skill is essential to drive the new innovations that will essentially connect everything seamlessly,” said Uttamchandani of_Syska.

“Skill development is extremely important for this and we would like to add that part of this bigger picture is making automation inclusive to it. Ecosystems that are technologically developed will require skilled labour to understand and operate at that level. With the government’s Skill India commitments, we feel in order for it to come to fruition, IoT will play a part in the long run as more skilled labour will be crucial in operating a more technologically empowered ecosystem,”  said, Rana of Panasonic India.

“The explosion of the IoT holds huge potential for manufacturers in 2016.  But in order to fulfill these promises, manufacturers will need skilled workers who can deploy the evolving technology on the plant side. The skilled workers shall bring IoT to life. It is highly important to invest in the skill development as this is where the consumer preference is heading and sooner or later, corporate will realize its potential and begin to invest,” said, Modi of Abacus Peripherals Pvt Ltd.

“It is vital that we invest in skill development to increase the inclusivity of the IoT to the society at all levels, regardless of age or wealth status. The maximum potential of the IoT will be realized only when society at all levels begin to be included. The Internet is a huge resource bank that is mostly contributed by different people from different walks of life and hence making systems easier to be used by everyone will make the Internet a more inclusive place. Furthermore, it is also essential to train a team of formidable white hat hackers to check for security loopholes and to prevent security from being compromised,” said, Chen of Biostar India.

“Extremely important. The next wave of computing will have a very special place for devices that seamlessly fit into the ecosystem and are smart and active, not passive.” added,   Ganjoo of Buzz4Health.

“Right now the need of the hour is to get engineers who are comfortable working with code as well as develop physical devices that can exchange data to be analysed. The talent pool for the same is rare more so in India. However, we invest both time and money into training the gene pool that are potentially capable of developing, testing and deploying these applications with ease. More than that it is vital to identify the minds who are passionate about innovation and capable of executing bright ideas with guidance,” concluded …….. GoodWorklabs.

 Role of Partnership and Alliances

“From hardware to software and even to networks, IoT plays a major role in business model transformation. Market leaders see IoT as a means of enabling devices to provide insight and improve context in interactions. The goal is to take the real-time data stream and apply right-time contextual relevancy, which is where partnerships and appliances shall play a major role. It will certainly help speed up the process and essentially maximize the IoT product offering,” said, Salameh of STK.

The IoT is a mega-trend that offers tremendous potential to innovate. However, while the opportunity is huge, so are the technical and business challenges that accompany designing products for the IoT era. Semiconductor and systems companies have to partner with EDA companies that have the breadth and depth of technology to help them with product realization,” said, Uttamchandani of Syska.

“Absolutely but we have to be careful not to get too carried away. One of the best places to align our own work would be around opportunities emanating from the government’s Smart Cities initiative, something highlighted earlier. Barring that, alliances will be focused on companies who are at a similar wavelength to us,” added, Rana of Panasonic India.

“The key to IoT success shall be the strong partnerships. It shall surely play a significant role to bring IoT to the masses. The networked ecosystem shall bring diverse stacks together to create massive opportunities. This is the zenith of the IoT business model wherein the merger of different technologies shall bring mutually beneficial alliance, bringing IoT in focus,” said, Modi of Abacus Peripherals Pvt Ltd.

“By building a common resource platform, everyone will be able to properly consolidate data and easily find what they need/want regardless of where they are in the world, free of geographical boundaries. By building strategic partnership, we will be able to spread the use of the IoT more efficiently and effectively to the masses as well as to provide maximum security online,” said, Chen of Biostar India.

“A lot of industry giants like Google, Samsung, Apple, etc will have to play a lead role. It’s the kind of what happened at the cusp of mobile revolution with Android. On the other hand, the lines will blur between hardware and software on the IoT devices, and more partnerships between companies with cross functional skills will provide great value to the consumer,” said, Ganjoo of Buzz4Health.

“IoT comes with its own set of data formats, IoT devices, standards, protocols and connectivity options. Service providers are forced to integrate a multitude of different technologies when developing cross-domain services. Thus it is vital to channel the enterprise strategically, functionally as well as operationally to effectively deploy such technologies. So yes, partnerships and alliances will definitely play a major role because one has to consider that a single company cannot deliver on the value addition and the vision from multiple facets singlehandedly. More than that for seamless performance and connectivity, monitoring of product lifecycles, security, etc, each enterprise will have its own part to play,” said, …..GoodWorklabs.

“The knowledge share with others provides a sustainable competitive advantage that helps us direct our resources and capabilities to provide the best possible IoT experience to our consumers,” added, Jain of LeEco India.

There is a lot of room to participate. Strategic acquisitions could be beneficial in rearranging the Tech landscape,” added, Salameh of STK.

Noble Skiodo is a perfect example of how important partnerships and alliances are in the field of technology and how important a role it plays in the IoT. Noble is an Indian Manufacturing brand for LED TVs and Skiodo, is a technology company with its forte in the integration of technologies and networks into its products. Skiodo sitting at the Hub of world technology, Silicon Valley has tied up with Noble to form the brand Noble Skiodo to provide its customers unique display products that can connect the consumers to the world outside and at the same time get them products to their complete satisfaction. Apart from this alliance with the international connect providers, national network providers and the various technological companies will also play a major role,” concluded, Sharan Maini, Director, Noble Skiodo.

Major Trend

“The advent of IoT has not only changed the role of IT in business but also allowed companies to enable smarter operations and to take better business decisions. Microsoft believes IoT is a critical cog in driving digital transformation among organizations and government services – and that is why Microsoft continues to make investments in IoT to enhance its own capabilities and those of its partners,” said, Srikanth Karnakota, Director – Server and Cloud Business, Microsoft India.

 

“The trends can be something very simple like how we’ll be able to access email in almost any place and go all the way to enable a VR market. The larger trends in the world of technology are all symbiotically linked to implementation of IoT. Perhaps one area which we feel will become a trend is especially with millennials where more and more employees from companies will work from home or work from various locations. While this may worry some employers, I feel this trend on the long run will help in productivity,” said, Rana of Panasonic India.

 

“Opportunities for building smart ecosystems with monitoring capabilities will be a universal value factor. From smart healthcare systems that monitor and analyze healthcare information to smart homes and cars, systems will get smarter and having the ability to ‘talk’ and in many places take decisions. This is extremely valuable in healthcare, where patient outcomes will continue to improve with smarter IoT based assistants for doctors,” said, Ganjoo of Buzz4Health.

“With more and more devices joining the ranks of IoT, we will see a rapid growth in the number of connected devices. There is still a gap in knowledge when it comes to the end consumer and IoT, which needs to be bridged. As more companies realize that more initiatives in terms of dissemination of information will be employed, which in turn will drive companies to come up with advanced concepts and methods to ensure growth of this technology,” said, Jain of LeEco India.

“Services will be the key in the long-term while hardware and software is the key for short term. I believe, there is going to be 10x increase in the number of smart devices. The boundary between human and machine is blurring at a rapid pace,” said, Lingareddy, Co-Founder & CEO of Smartron India Pvt Ltd.

“Despite huge investments going into the space, IoT is still at a nascent stage in the country. There are also concerns about skillset availability, security of data that these sensors transmit and the need to build a regulatory framework around IoT. However, the government has already taken positive steps by initiating an IoT policy, while industry associations such as NASSCOM and IESA are working together to suggest to the government how IoT could be used to build the nation,” concluded, Uttamchandani of Syska.

 

IOT and India

“The IoT will merge the physical and online worlds, opening up a host of new opportunities for companies, governments and consumers. The IoT building blocks will come from those that can web-enable devices, provide common platforms on which they can communicate and develop new applications to capture new users. Essentially, new products will emerge that will offer the consumer and businesses a solution that will enhance the way they do things daily,” said, Salameh of STK.

“The government’s plan to build 100 smart cities, and the launch of the Digital India programme should provide an impetus to the uptake of IoT applications. Predictions put India’s share of the IoT pie at 5-6% of the global industry. The IoT framework released by the department of electronics & IT aim to create a $15 billion market by 2020, potentially leading to the growth of connected devices from the current 200 million to 2.7 billion by 2020. The various initiatives proposed to be taken under the Smart City concept and the Digital India Program to set up Digital Infrastructure in the country would help boost the IoT industry. IoT will be critical in making these cities smarter,” said, Uttamchandani of Syska.

“India missed mainframe, PC and mobile waves over the last 50 years. IoT wave offers billions of dollars business and scores of opportunities from hardware to software to services to support. Having said that, for India of Things to become Interent of Things, we will have to address the product ecosystem and innovation infrastructure challeges. Additionally, we will have to bring back our roots of great innovation and shift our focus to products,” said, Lingareddy of Smartron India Pvt Ltd.

“India has always been a different market compared to the rest of the world. The marketers should focus on the Indian needs and so do the brands & products across the country. IoT and India when put together will create new ranges, new products and new niches that will change the way the products are used. IoT is an opportunity that today’s generation and businesses have got, India is a country with one of the largest educated manpower bank, knowledge source and market. This is going to offer many opportunities starting now. Smart is the new way to go, be it a television, be it a mobile or be it an electric appliance. With the IoT, Smart is now a need and not an aspiration. Noble Skiodo hopes to reap the benefits of the IoT by working as per the current trends and by adapting to the very innovative and opportunistic Indian Market,”said, Maini of Noble Skiodo.

We have watched Indian IoT space maturing over the last couple of years. Though one may argue that there is still a lot of hype, we are seeing significant traction in Government, Manufacturing \ Automobile industries and Startups. With initiatives like Smart City, the government has taken initiative and framed a draft policy to fulfill a vision of developing a connected, secure and a smart system based on our country’s needs. Government’s objective is to create an IoT industry in India of USD 15 billion by 2020,” said, …..of Pcloudy.

“India is yet to go a long way to realistically adopt IoT. The trust factor for such a technology is not sky high right now. After it becomes mainstream, affordability is going to be one hindering factor for the masses. Enterprise-wise, companies have already begun to prepare themselves in terms of skills and research for the windfall of possibilities that come with IoT,” said, …….of GoodWorklabs.

“IoT in India will get a huge push through the Smart Cities project, where IoT will be extensively used in many smart projects like parking, lighting, waste management, etc. One industry estimate puts India’s IoT industry at 5-6 percent of the global IoT industry. As IoT touches more lives in India, a lot of local opportunities unique to India will surely come up,” added Ganjoo of Buzz4Health.

“The year 2016 will be an important milestone for IoT adoption. We are starting to see a wide range of IoT use cases across virtually all industries. But, the big challenge now is demonstrating return on investment. Executives need to validate the contribution that IoT can make in order to justify large-scale rollouts. Unimaginable opportunities can come from this, if one closely watches,” said, Modi of Abacus Peripherals Pvt Ltd.

“Speaking of India, IoT will simply act as a tremendous enabler since a large part of our population is yet to adopt PCs and use the Internet. With better infrastructure, be it via mobility, security and surveillance or just connectivity, millions of Indians can enter the endless knowledge pool of the Internet,” said, Rana of Panasonic India.

 

At Last

The IoT will see a huge range of devices coming online – from a wristwatch to a tractor, a factory pallet or even a simple network sensor increasingly generating data for companies to capture. The ability to process this data autonomously will truly empower marketers by enabling them to analyze customer feedback in real-time and derive actionable insights from multiple data sources.

Mr. Jesse Chen, Biostar India

Jesse“As a brand that fully supports the development of the IoT, BIOSTAR recently released and showcased its latest Mini-PC – the RACINGP1, as well as the latest industrial-grade cloud closet during COMPUTEX Taipei 2016. This are two of the many upcoming products designed to increase the inclusivity of people from all societal levels to be more interconnected via the IoT.”

Mr. Pankaj Rana, Business Head, Mobility Division, Panasonic Indiapank

“Currently, we are invested in the security & surveillance market as we believe that the IoT ecosystem will be crucial in the government’s Smart Cities initiative. That is where we see opportunities and we believe that Security will play a big role in cities and our daily lives and these security concerns will also be a part of the IoT ecosystem.”

Mr. Vipul Modi_VP, Marketing & Sales Abacus Peripherals Pvt Ltdvipul

“As a matter of fact, we have done very little in this sphere. We are working on the back end as to how our product line could be made into an IoT product, aligned and adapted with the new technology.”

Mr. Hitesh Ganjoo, Founder & CEO of Buzz4HealthHitesh

“IoT is definitely on our roadmap with a vision to provide a seamless digital ecosystem for continuous medical education for doctors. Rather than pushing doctors to change their behavior, we are finding ways to fit into their ecosystem and yet provide them with a game changing experience. Having said that, we also realize that strategic partnerships will be key to build this ecosystem.”

Mr. Atul Jain, COO, Smart Electronics Business, LeEco IndiaATUL

“LeEco’s vision is to deliver the next generation consumer-centric products and services through an array of connected devices that seamlessly connect with each other over the Internet via an open and vertically integrated approach. LeEco has taken various steps to tap this ecosystem.”

Mr Kuldeep Malik, Country Head – Corporate Sales International, MediaTek Indiakuldeep

“MediaTek has been continuously investing towards bringing new technological advantages to ensure we are ahead of the growing curve of IoT adoption. You will see quite a lot of focus on the IoT domain in India as well. We are already quite actively involved in three sub-categories: M2M, Wearables and Connected Homes.”

Mr. Srikanth Karnakota, Director – Server and Cloud Business, Microsoft Indiashri

“When you break down IoT stack, there are 4 key components – 1. Devices, 2. connectivity, 3. Data Storage, and 4. Analytics and visualization, and we have comprehensive offerings across these components. From the devices standpoint, we have the Windows 10 IoT Operating System for devices at endpoints that enable collecting and streaming of real-time data. We then have technologies on Azure like the event hub and IoT Hub that enable not only the Windows devices but also devices running Linux / Unix / RTOS operating systems to connect seamlessly with the cloud.”

Mr. Sharan Maini, Director, Noble SkiodoSharan

“For selling in India, the major roadblocks remain the connections, speed and availability of networks across the country. Although the products are well-equipped to provide user-friendly details for using the Internet, in some cases, connections and slow networks work as a roadblock. Such problems are however being rectified in quickly with 3G and 4G networks.”


Mr. Mahesh Lingareddy, Co-Founder & CEO of Smartron India Pvt Ltdmahesh

“We have taken a very unique platform approach that we refer to Astronx in building a successful IoT ecosystem between our tcloud, tcare and open innovation platform, crowdtron. We are also partnering and leveraging some of the existing industry alliances.”

Mr. Henri Salameh ,Global Head & Executive Director, STKHenri

“We’ve invested heavily into R&D and developed ground-breaking software that is currently in Beta 1 phase. There are several early verticals of adoption to look for, which shall benchmark the future.”

Mr.  Rajesh Uttamchandani,_Syskarajesh

“IoT provides an opportunity not only to large vendors but also a plethora of startups who are attracting big investments. Companies such as Cisco, IBM and Intel are using their venture funds to invest in some of these companies to grow inorganically in the domain.”

Mr. Bask Iyer, Chief Information Officer, VMware.BASK

“We are extremely excited to launch Liota (Little IoT Agent), a vendor-neutral Open Source software development kit (SDK) for building secure IoT gateway data and control orchestration applications: where, when, and how to gather data from attached devices and transfer data to data center components. Liota also supports an applicatio

Pcloudypankaj

“If you are operating in IoT space, you have to realize that there aren’t enough people (not only in India but globally) who possess the skills required to build a quality IoT app or platform. So the mantra at least for the next few years is simple ‘If you can’t hire, you train.’ It is very important to invest in developing the right talent. We see a great demand for people having an understanding of embedded systems and protocols.”

GoodWorklabsGWLvishwassonia

“So far we have entered into smart homes for IoT. We have built IoT applications for one of the leading electrical brands in India for controlling fans, lights, air conditioners etc. We are also working with another company for automotive solutions for health check of cars.”