IoT
As companies expand and deepen their digitization programmes enterprise-wide, IoT will increasingly take center stage. IoT will trigger the next wave of enterprise digital transformation, fueling a mobile and digitally enabled workforce which is enabled by more affordable “connected” sensors, faster communications networks, cloud infrastructure, and advanced data-analytics capabilities. The IoT wave will promote an open, interoperable and hybrid computing approach, and it will foster industry and government collaboration on global architecture standards that address cybersecurity concerns. IoT will function as a source of innovation, business model disruption and economic growth for businesses
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“Digitisation is the way to achieve efficiency. Our connected products and solutions are designed to help leverage Digitisation.”
Nikhil Pathak
Vice President & Country GM
IT Business, India & SAARC
Schneider Electric India
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Adoption of IoT in India will accelerate. Technology and platform exist today. IoT will impact our lifestyle in big way. Healthcare, Industrial automation, move to the cloud, Home automation, Energy distribution to name a few segments and trends that will see acceleration of IOT for India in near future.
IoT as a new wave of Growth in Tier 2 & 3 Cities
Tier 2 & 3 cities offer great potential in fueling the growth of a digitized country. According to a report by the International Data Corporation’s (IDC) Monthly City Level Smartphone Tracker, 25 major Tier 2 and 3 cities of India currently make up around 21.3% of the Indian Smartphone market. With an array of offers from telecom companies and the introduction of 4G, there has been a significant increase in data penetration and demand for Smartphones with the latest features. Also, with easy access to the internet and greater reach of e-commerce companies, people in Tier 2 & 3 cities aspire to own lifestyle products like Wearables, which are also available at affordable rates. This shows the potential of having a host of connected devices in the future which will spearhead growth in the IoT sector.
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“IoT in Manufacturing will bring down production costs enabling personalized manufacturing. Precision agriculture and smart cities will be the order of the day.”
Srikanth Gopalakrishnan
VP IOT Digital Enterprise Assets
SAp Labs India,
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Challenges for Partners with IoT in 2017
- Customer Care: In today’s digitized world, connectivity is key for faster response. Customer expectation level is high based on the use of technology for many areas and for their day today life. Many of our daily routine are driven by APPs. One of the challenge our partners need to embrace is to live up to customer expectation with adoption of digitized and connected platforms. Predictive maintenance, real time usage of data, analytics, remote monitoring are few things they need to step up.
- Continued pressure in hiring new talent and financial performance (demonetization) – This will have impact on IT infrastructure – affordability, deployment of new technologies, increased device pressure on networks, multivendor management, and manual configuration
- Adapting to the new landscape – IT has gone from being a static cost-centre to a dynamic business enabler that must support the organisation at every stage of the sales cycle, empowering the business to grow and succeed. A challenge for SMEs will be adapting themselves to the dynamic environment
