India’s trillion-dollar opportunities in ICT, IoT

While IoT is still at its nascent stages in India, the potential is tremendous

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Mr Sai Pratyush, Additional VP, Managed Services, Tata Teleservices

In recent years, Internet of Things (IoT) has emerged as a buzzword, with both service providers and businesses, exploring possibilities connected devices can bring to the services they render and the way they conduct their businesses. IoT solutions are impacting the healthcare in a significant manner.

Today, enterprises are realizing that the adoption of IoT in their operations will not only lead to increased productivity and process efficiencies, but also a reduction of costs.

As a society, we are becoming more connected and the pace at which new technology is impacting our everyday lives is increasing at lightning speeds.

IoT, M2M, ICT

Over the next decade, the IoT and M2M (machine-to-machine) are expected to bring billions of data-generating devices online, and connect a vast stream of data with people, processes and other devices. There are some niche applications such as sensors record, ambulatory medical record (AMR) modem, and asset tracking.

 

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