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IIoT in India drives Wave of Industrial Revolution

NASSCOM hosts IoT Centre of Excellence Conclave 2016 in Hyderabad. Partners with Cyient, IBM and Microsoft to build focus on the IoT ecosystem in the city

NASSCOM CoE-IoT, a joint initiative between the Government of India’s Department of Electronics and Information Technology (DEITY), Education and Research Network (ERNET) and the National Association of Software and Services Companies (NASSCOM), today hosted an IoT ecosystem connect program – “NASSCOM CoE-IoT Conclave” in Hyderabad along with Cyient, IBM and Microsoft. The event was aimed towards highlighting the growing IoT ecosystem in the city as well as evangelizing companies in the region.NASSCOM

The Industrial Internet of Things (IIoT) in India, is driving the fourth wave of industrial revolution, dramatically altering manufacturing, energy, transportation, cities, medicine and other industrial sectors. The IoT sector in Hyderabad has a capacity to invent, innovate, disrupt and transform the lives of people across the country, as the region provides the right combination of skills and policies. This capability will further push the IT industry towards faster growth cycles while creating more opportunities. The industry along with the academia is also providing support towards developing the IoT ecosystem by establishing the Center of Excellence within Hyderabad; enabling the adoption of technology, by developing proofs of concepts and implementable solutions. Further, incubation centers focusing on IoT are helping startups in the IoT domain; with the active support of the government and investor community, there is a potential for a strong ecosystem to exist in the region.

At the conclave, representatives from Cyient Technologies engaged with some of the start-ups in fields of aerospace, transportation, medical devices, utilities & communication and shared its knowhow on how to make their products market ready. Additionally, at the conclave IBM and Microsoft shared their perspectives in building a sustainable IoT ecosystem encompassing all aspects – know how, business set-up and market strategies.

Talking about the initiative, Mr. R. Chandrashekhar, President, NASSCOM stated, “The ambitious plan of the Government, entrepreneurs in Hyderabad in collaboration with the industry will create an inclusive ecosystem for budding entrepreneurs and organization to leverage new age technologies and access to researchers, industry and other stake holders. This initiative will act as an innovation accelerator to explore product ideas and establish high end technologies to support government initiatives using IoT in areas like manufacturing energy, agriculture, crime, safety and health. Similar programs to support the accelerators in the country are being launched in other cities like Coimbatore and Pune to strengthen the ecosystem.”

With the support of strategic partners like Cyient, IBM and Microsoft, NASSCOM CoE-IoT aims to nurture the players in the ecosystem and build a robust framework which will connect key stakeholders and foster growth. The conclave facilitated key stakeholders of the ecosystem – the start-up community, academia and larger industry by bringing them on a common platform to connect, collaborate and interact.

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