Focusing on the rise and evolution of the Internet of Things
(IoT) across industries in India, the National Association of Software
and Services Companies (NASSCOM) has kick-started the 8thedition
of NASSCOM Design and Engineering Summit at The Leela Palace,
Bengaluru. The two-day event focusing on the theme of, 'Imagineering
for the Digital Future' analyses the role that IoT will play in
creating digital utilities especially in the areas of design and engineering
that will drive the growth of future technologies in the country.
Expressing his thoughts on the upturn of applied IoT in India, Kevin
Ashton, Inventor of the Internet of Things and Author, mentioned that,
“ÏoT has started being incorporated into both consumer and industrial applications
being utilized in critical verticals like Healthcare, Automotive and
Manufacturing. The ecosystem is rapidly expanding, owing to demand for both
Industrial and Consumer IoT applications and is set to be a critical part of
the next level of growth for the IT industry.”
On the side-lines of the summit, NASSCOM in collaboration with
Deloitte also launched a report on ‘IoT – Revolution in the Making’. The
report lays emphasis on the growth of Internet of Things, as not just creating
consumer solutions but also adding value in industrial applications.
Reiterating the need for innovative solutions, the report states that the IoT
segment is expected to grow across industries, with Utilities, Manufacturing,
Automotive and Transportation & Logistics providing greater opportunities
for development, compared to other sectors.
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