The Hyderabad IT sector is going through one of its best phase in the recent times. After the city got selected by National Association of Software and Services Companies (Nasscom) for a centre of excellence (CoE) on big data and analytics, the body is now gearing up to set up another CoE for internet of things (IoT) in the city.
Established in 1988, Nasscom is a trade association of Indian Information Technology and Business Process Outsourcing industry. Prior to Hyderabad, the association had already set up one of the IoT CoEs in Bengaluru (Read Here).
Nasscom sector skill council chairman B V R Mohan Reddy strongly believes that IoT can prove to be one of the game changing technologies that can have tremendous impact in many verticals such as e-governance, healthcare, and retail, among others.
The organisation is currently awaiting an approval from the central government to start working on Hyderabad’s IoT CoE.
According to Sanjeev Malhotra, CEO, IoT Centre of Excellence,”Once approval is granted, we will request for space from the state government. This will be set up in a public private partnership (PPP) model, wherein half of the funding will come from the central government and half from industry.”
As and when the approval is granted, Nasscom will require around 10,000-15000 sqft space for setting up the centre, of which around 3,000 sqft will be a dedicated lab space.
It was almost a year ago in July that Nasscom had launched its first IoT CoE at Bengaluru, in association with the Department of Electronics & Information Technology (DeitY) and Education and Research Network (ERNET). Nasscom believes that there can be a vast scope of engagement with startups in the area of IoT, and is hence looking to set up four more IoT COEs throughout the country. These COEs are most likely to be set up Hyderabad, Gurgaon, Ahmedabad and Andhra Pradesh.
Malhotra further clarified that these IoT centres will be working towards the usage of IoT in different verticals. While all of the four centre would have some common layers like there will be labs in all four, where startups would be able to come and work. But at the same time, each of the centres will have a separate focus area like agri, healthcare etc. For example, Nasscom IoT CoE is most likely to be focussed on agri tech.
According to Malhotra, their aim with the IoT CoEs is not become another T-Hub. They are just going to deal with startups who have deep technology. He added that their goal is to promote IoT as a technology and help entrepreneurs take this technology to the end users, which in this case are the manufacturers.
So, if IT is where your heart lies, now is the right time to shift base to Hyderabad, we think.