CII in association with their Knowledge Partner, KPMG released a report titled ‘Digital infrastructure: enabling the world of tomorrow’ on 15 December at the 13th edition of ‘CONNECT 2014’, the Conference and Exhibition on Information and Communication Technology (ICT), organized by CII in association with the Government of Tamil Nadu on 15-16 December, 2014 at Chennai.
The distinct concept of Digital Infrastructure with its connected smart devices can revolutionise the way things are viewed. From simple applications like a wearable tech product connected to the internet that constantly monitors one’s health, to a completely out-of-the-world experience provided by a smart city, digital infrastructure could play a critical role in several walks of life. Human ingenuity would lie in understanding how this immense technological advancement can be leveraged, and in applying it for the benefit of all the stakeholders.
No longer would consumers need to wait to receive information on their products at home or at the workplace. They would constantly be communicating and transmitting information instantaneously. The impact of this on efficiency and productivity can well be imagined. The business landscape can also monetize this opportunity to create new set of offerings, and convert significant revenue into recurring revenue with real-time tracking of the data.
A barrier to wide acceptance could be the perceived threat of security breaches. As data transfer between devices is at the core of digital infrastructure, it is important to address this risk. Corporations and governments would need to invest in high-end security measures to mitigate these risks and initiate campaigns to help ensure user confidence.
The CII-KPMG report explores the immense opportunities digital infrastructure provides and suggests ways in which these opportunities can effectively be tapped by both IT service providers and the user community at large.