Is 2017, The Year Of IoT Disruption?

LoT is gaining popularity among Indian enterprises, government and consumers, but security concerns and the lack of trust is limiting its adoption in the short run. Ankush Kumar spoke to a few CIOs on how they see the adoption of IoT in 2017.

- Ankush Kumar

IOT is gaining popularity among Indian enterprises, government and consumers, but security concerns and the lack of trust is limiting its adoption in the shorter run. Ankush Kumar spoke to a few CIOs on how they see the adoption of IoT in 2017.

India has witnessed a major digital push in the last couple of years under transformational projects like Digital India, Smart Cities, Startup India, etc. While the past few years have seen the adoption of disruptive technologies like cloud, big data, mobility; the year 2017 will largely emphasis on integrating all these technologies and providing seamless connectivity across all platforms.

As the basis of connectivity remains the Internet, IoT integrates smart objects to the Internet by enabling uninterrupted data exchange. India stands as the world’s second largest Internet user base with cheapest Internet data plans, but still there are nearly 950 million citizens who are not connected which also shows the ocean of opportunity that IoT will bring to the economy.

According to a recent report by GE in collaboration with Nasscom and Deloitte, the industry would be the driver for IoT revolution with utilities, manufacturing, automotive and healthcare seeing a greater opportunity than other sectors as consumers shy away from smart devices due to cost of IoT devices and security and privacy concerns. The report also highlighted that the IoT market in India would increase from $5.6 billion, with 200 million devices in 2016 to $15 billion with 2.7 billion devices by 2020. To understand the role of IoT in 2017, Express Computer spoke to key CIOs across different industry verticals to get a real insight about IoT adoption.

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