Physical objects that surround us in our day-to-day lives are transforming into an ecosystem of measurable information, which in turn is being used to enrich our lives. This is due to the new digital phenomenon termed Internet of Things (IoT). From shoes to watches, refrigerators, televisions, cars, washing machines, parking spaces, houses, to an entire city—everything is being drawn into the digital fold by IoT.
The recently drafted IoT policy document by the Department of Electronics and Information Technology (DeitY), Ministry of Communications & IT, Government of India aims to create an IoT industry in the country worth 15 billion USD by 2020.
Keeping pace with the rest of the country, the eastern Indian states—namely West Bengal, Odisha, Jharkhand, Chhattisgarh and Bihar— are fast evolving as lucrative destinations for the information technology (IT) and information technology enabled service (ITeS) sectors. To leverage the full potential of IoT, a proactive and sustainable drive must be maintained by the governments of the respective states, with the support of all stakeholders, including private players.
The CII-PwC report titled, Eastern India A potential IoT hub dwells upon the initiatives that the eastern Indian states can adopt in order to leverage IoT. In addition, key opportunities for IoT have been highlighted in industrial manufacturing, healthcare and retail, being the dominant sectors for the eastern Indian states
The report was released at the 14th Edition of ‘ICT East 2015: Driving Business through Internet of Things’ organized by CII on 6-7 August, 2015 at Kolkata.
Key Content: Introduction, Eastern India leveraging IoT, Key trends and investment horizon in IoT, Top 10 industries investing in IoT, Opportunities for Start-ups, Opportunities for eastern Indian states, Practical examples of IoT, Developing skill set for IoT, Conclusion