IoT Push: China's Fibocom Partners Kaynes to Begin India Manufacturing by Mid-2026

Shenzhen, China-based Fibocom, a global provider of wireless communication modules, is preparing to commence sales of Made-in-India IoT products in collaboration with Kaynes Technology starting Q2 2026.

Founded in 1999, Fibocom is a publicly listed company and had raised $28M from Intel in earlier its earlier stages.

Key Highlights

• Partnership roots: Fibocom partnered with Bengaluru-based Kaynes Technology in 2025 to strengthen India’s electronics and semiconductor manufacturing ecosystem.
• Strategic alignment: This move supports India’s Make in India and Atmanirbhar Bharat initiatives, aiming to reduce reliance on imports and boost local production.
• Market impact: The collaboration is expected to accelerate the availability of locally manufactured IoT modules and solutions, catering to India’s rapidly expanding 5G and AI-driven industries.
• Global positioning: By producing in India, Fibocom intends to reinforce the “Made in India” brand internationally, while meeting domestic demand for IoT components more efficiently.

Why This Matters

• For India: Strengthens the country’s role in the global IoT supply chain and supports semiconductor ecosystem growth.
• For Fibocom: Enhances competitiveness by leveraging cost-effective, high-quality local manufacturing.
• For Enterprises: Ensuregs faster access to IoT modules tailored for Indian networks and applications.

Fibocom can differentiated from its competitors as it is the first domestic wireless communication module company to achieve dual listing in Shenzhen and Hong Kong (“A+H” listing in 2025). The is essentially a bridge between IoT hardware and AI-driven connectivity, positioning itself as a global leader in wireless modules while expanding into edge AI solutions.

Fibocom’s India strategy

Fibocom’s India strategy is centered on building a strong local manufacturing base through its partnership with Kaynes Technology, while aligning closely with national initiatives like Make in India and Atmanirbhar Bharat. In August 2025, Fibocom announced its collaboration with Kaynes, a leading Indian electronics and semiconductor manufacturer, to establish production facilities in Karnataka, Hyderabad, and Gujarat. These facilities are equipped with advanced SMT lines, automated testing systems, and precision assembly equipment, enabling large-scale production of IoT modules within India.

This partnership is designed to localize IoT manufacturing, reduce reliance on imports, and ensure faster delivery of products tailored to Indian networks and applications. By producing domestically, Fibocom not only strengthens India’s semiconductor ecosystem but also creates jobs and supports skill development, contributing to the broader policy goals of technological sovereignty and industrial growth.

The strategy also positions India as a competitive hub in the global IoT supply chain. Fibocom intends to brand its products as “Made in India,” reinforcing India’s role internationally while meeting the rising domestic demand driven by 5G, AI, smart cities, and connected industries. For enterprises, this means quicker access to cost-effective, locally optimized IoT modules. For Kaynes, the partnership elevates its standing as a key player in India’s electronics and semiconductor manufacturing landscape.

BSNL with Skylo To Introduce World's First, Satellite-based Narrowband-IoT Network in India

BSNL, in partnership with Skylotech India, announced today a breakthrough in satellite-based NB-IoT (Narrow Band-Internet of Things), in pursuance of the Prime Minister, Shri Narendra Modis vision of a truly Digital India starting with fishermen, farmers, construction, mining andlogistics enterprises. With this solution, India will now have access to a ubiquitous fabric of connectivity for millions of yet unconnected machines, sensors and industrial IoT devices.

This new ‘Made in India’ Solution, which is indigenously developed by Skylo, will connect with BSNLs satellite- ground infrastructure and provide PAN-India coverage, including Indian seas. The coverage will be so vast that it will not leave any dark patch within the boundary of India, from Kashmir &Ladakh to Kanyakumari, and from Gujarat to the North East, including the Indian seas.

Shri P.K.Purwar, CMD, BSNL, said:“The solution is in line with BSNLs vision to leverage technology to provide affordable and innovative telecom services and products across customers segments”.He further added:Skylo would also help provide critical data for the logistics sector to enable effective distribution of COVID-19vaccine in 2021and will be a big contributor in service to the nation.”

Shri Parthsarathi Trivedi, CEO and Co-founder, Skylo, said: For centuries, industries, including agriculture, railways and fisheries, have been operating offline, and havenot had the opportunity to take full advantage of the latest advancements in AI&IoT until today.This is theworlds first satellite-based NB-IoT network and I am proud to launch this capabilityin India first to transform lives and our domestic industries”.

Shri VivekBanzal, Director (CFA), BSNL Board, said, Successful POCs have already been conducted by BSNL and Skylo in India and we will soon approach various user groups before the New Year 2021 begins.

This breakthrough announcement is very timely because it comes during the ongoing Indian Mobile Congress 2020. This new technology supports the Department of Telecom and NITI Aayogs plan of bringing indigenous IoT connectivity to India’s core sectors. Examples of where this technology has already been tested successfully include, Indian Railways, fishing vessels, and enabling connected vehicles across India.

A small, smart, incredibly rugged box, the Skylo ‘User Terminal’ interfaces with sensors and transmits data to the Skylo Network and into peoples hands. The accompanying Data Platform provides an immersive, visual, experience for industry-specific applications on mobile or desktop. Itgives users the ability to take immediate and appropriate action, no matter where they are. This new digital machine connectivity layer will serve as a complement to smartphone-centric mobile & Wi-Fi networks, and covers India’s full geography to bring online new applications for the first time.

iMET Global appoints Mobile commerce pioneer Pallab Mitra as Chief Learning Officer for its school of Digital Social Media & IoT

Pallab Mitra CLO iMET Global

New Delhi, December 2020: iMET Global, a renowned new-age institution in Digital/SocialMedia and IoT education has recently appointed Pallab Mitra as the Chief Learning Officer (CLO) to strengthen its existing ongoing Learning and Development endeavors in new age higher education. The strategic appointment is concurrent with the institution’s plans to accelerate growth that will involve Pallab to manage outreach alliances & partnerships – coordination with existing partners; and induction of new alliances including Embassies, Ministries, advisory councils and Education related International entities.

An XLRI alumnus, Pallab, in his impressive more than two decades of career, has contributed in radical transformations in Telecommunications,Banking, Healthcare and Digital sectors. While working with the who’s who of Indian corporate world, he is known to create many firsts in the telecom industry from launching M-commerce for Airtel to creating the first scalable mobile advertising solution in the telecom industry with Tata Docomo launching the Tutor on Mobile(TOM) service for Tata Tele which made it to the GSMA Mobile Congress Award finals – top 3 services in the world.

He was instrumental in formulating the policy control features and helped formulate the technology that enabled sampling and adoption of 3G – launch of the unlimited 250 plan (another 1st in the industry). Pallab was a member of the Executive Committee of the Mobile Payment Forum of India (MPFI) and helped the Reserve Bank of India in formulating the Mobile Payment Guidelines and Prepaid Wallet services for the country. He was also actively involved in the Working Group Committee of the GSM Association and extended help in designing various mobile-based products at a global level. With each added professional year in his career, Pallab kept evolving himself and started providing vision and direction to his employers’ organizations in the areas of Telecom, Education, Health and Internet of Things (IoT).

On the appointment of Pallab, Deepak Goel, Co-Founder & CEO of iMET Global said, “We are delighted to have Pallab on board. There’s a profound connect we felt with each of our meetings and the vision of bringing disruptive much-needed changes in professional higher education through enhanced industry interface, following NEP guidelines and strategic community building and partnerships. We believe that his valuable experience of being a pioneer in whatever he did, will help us in building a similar culture and spirit in iMET Global.”

“I am thrilled to be a part of a change maker iniMET Global. Like I discussed with Deepak,iMET Global is actually making India Atmanirbhar. The role comes with several responsibilities and commitments that hold great importance for the growth of the institution and Digital India. In the difficult times that the pandemic has left behind among the working classes to be able to create hope in people’s lives through such a powerful learning program helps me personally come to people’s aid when they need it the most. I shall have a role to write another first in my professional career when we are able to bring the impact that higher education is expected to make for everyone – student, working professionals, businesses, and society at large” said Pallab Mitra.

Pallab has been a Nichiren Buddhist for the last 10 years and through this humanistic approach to life has completely changed the way he works with people. A compassionate man who believes that the heavy doors of karmic retribution can open with a vow made to his mentor Dr.Daisaku Ikeda. An avid golfer otherwise, Pallab has already taken the charge by kick-starting many activities in building no sales-centric counseling and student outreach, corporate thought leaders pool for curriculum upgrade and industry-centric delivery.

About iMET Global

iMET stands for innovation, Mentorship, Entrepreneurship, and Talent building (a part of Pradurbhav Foundation for Skills & Social Development) was formally launched on April 2, 2011, at IIT Delhi. Since then, this not for profit section-8 entity has helped more than 65 institutes/colleges/corporates/industry associations/ Ministries in imparting new-age skills in digital social media and trained more than 15000 students & professionals.

Angel Platform Inflection Point Ventures invests in IoT Startup Eden Smart Homes

• First institutional round raised by the Company
• 11th investment by IPV since March this year
• IPV emerges as one of the most active angel platforms in India continuing with deals even during the pandemic
• Funds raised to be used for launching new product lines and scaling up sales and marketing efforts
• Founded by IIT Delhi students, present across 5 cities in India

Inflection Point Ventures, one of India’s most active angel platforms has invested an undisclosed amount in Eden Smart Homes. This marks IPV’s 11^th investment since March this year.

Started in 2018, Eden Smart Homes is an IoT startup which has a range of smart homes solutions. The funds raised will be used for launching new product lines and scaling up sales and marketing operations to acquire more customers.

Vinay Bansal, Founder & CEO, Inflection Point Ventures says, “We are known to back great founders with great business models with a sustainable growth path. With the ease with which all of us are embracing technology and the Smart City projects currently underway, there is a demand for IoT enabled homes. Eden has been able to position themselves as an aspirational product for Indian households as the disposable income rises. We believe that their fast and seamless technology coupled with a promise of power savings will wow their customer segment."

Eden Homes was launched with an aim to develop an indigenous and cost effective smart home automation system. Eden's solution includes monitoring power consumption, the ability to view real-time status of appliances, scheduling on and off times for appliances and creating custom scenarios. Also, one-button control of the entire smart home makes them an attractive smart home solution in the market where there is currently no clear leader.

Pranjal Kacholia, Co-Founder of Eden Smart Homes says, “We aim to become India’s leading IoT company in the next 3 years. In India, the smart home market is expected to be $8 billion by 2023 and we aim to be one of the well-known brands in this segment. Our product helps save power significantly in both the residential and commercial segment. To have investors like IPV, which can leverage their huge network strength to not only sign cheques but also help us scale up our business quickly makes this a win-win partnership."

Eden Smart Homes is currently present across 5 cities in India. Eden Smart Homes will be using the funds raised to set up their distribution channel across 30 major cities for driving more business in the Home segment. The Company is also in talks with large brands and SMEs to license a part of their technology for bundle up sales and even listing it online on targeted platforms for better visibility to the customers.

About Eden Smart Homes

Eden was founded in 2018 by two IIT Delhi students with an aim to build advanced innovative IoT solutions for India’s Home and Office Automation industry.  The team consists of young founders who bring in a perfect blend of technology and business acumen.

About Inflection Point Ventures

Inflection Point Ventures is an initiative of accomplished CXOs & Angel Investors who firmly believe that ‘Everyone can Grow with Startups’. Started in 2018, IPV has invested more than Rs 100 crore across 35+ startups. IPV’s investors’ base, currently at 2500+ is seeing a massive influx of highly accomplished CXOs and HNIs, looking to invest in startups with rational valuation and sustainable business model.

Syook Mobilizes IoT-based Social Distancing App in the Fight Against COVID-19

With ever-growing cases of COVID-19, one fact stands clear. This crisis is not phasing out anytime soon. Governments are trying hard to stabilize the economy, while businesses are trying to stay afloat. But for those who can't operate on the WFH (work-from-home) model, stopping the spread is important now, more than ever.

Many startups & enterprises are trying to do their bit in this battle against the crisis. Syook, for example, has launched a login-free "Social Distancing" App. Using only Bluetooth-based tracing, this app from Syook is a probable answer to the privacy concerns around current social distancing apps.

In the words of Syook CEO, Arjun Nagarajan, "This app uses our proprietary Real Time Location Systems Platform (RTLS) to help organizations encourage social distancing at the workplace. This way, everyone can keep social distancing in check - both at the individual and organizational level."

Syook needs little introduction when it comes to indoor location services. With several Fortune 500 clients, including Unilever, Reckitt Benckiser, Fiat, etc., in its portfolio, it has the scale & the technical know-how to engineer controls that limit the spread of coronavirus at workplaces - or in general, any place with high footfall.

According to a Markets and Markets research survey, reported by Digital Journal, the Indoor Location market is expected to grow by about 26 % CAGR. The growth is expected to be driven by digital transformation initiatives of all large organizations in the manufacturing, logistics, healthcare and the natural resources sector.

Indoor location solutions, according to the report, have multiple applications - businesses can manage operations effectively, save costs on people and processes, and track missing equipment - which are quite tedious to do manually. Syook was the only company of Indian-origin to be listed in this global report.

Syook had quite the uneventful start. None of the Co-founders knew how to code. So Arjun Nagarajan, CEO, and Aman Agarwal, CTO, learnt coding 10 years after graduation from IIT. While Saurabh, COO, focused on getting their first enterprise client, Unilever, Arjun & Aman built the MVP.

Soon enough, they onboarded Unilever as their first client - which they delivered successfully; and many more came soon after. More recently, in early 2019, the Company received an undisclosed investment from Inflection Point Ventures.

Today, Syook's location solutions help organizations like Unilever, Reckitt Benckiser & Fiat track their assets, people, visitors - all in one place. Combined with Syook's proprietary IoT based platform, decision makers gain actionable insights to supercharge their productivity.

Being a market leader in real-time logistics solutions (RTLS), and creating real-time people & asset solutions for years now, Syook found it to be a responsibility that their technical expertise was deployed in helping slow the spread. Probably, we need many more such organizations to come forth and take the charge in this fight.

Indian IoT Market is Set to Soar to USD ~15 Billion by 2021, Says Zinnov

Zinnov, a leading global management and strategy consulting firm, released the findings from its latest study titled, "India - Emerging Hotbed of IoT Opportunities," today. The study analyzed the Internet of Things (IoT) market landscape in India, the key demand segments, adoption across verticals, talent availability, and the opportunities for IoT Technology and Service Providers. Zinnov estimated that the IoT investments in India were close to USD 5 Billion in 2019, and are expected to triple to touch ~USD 15 Billion by 2021 across both technology products and services components.

The study highlighted that by the end of 2019, India had 200-250 Million connected devices. Zinnov estimates that this number will grow tenfold to touch 2 Billion devices by 2021, signaling the exponential market growth in the next few years. In fact, IoT adoption has exploded in the last 3 years, with enterprises spending billions of dollars in testing and deploying several IoT use cases. A large part of this spend - about 60-70% - is comprised of software and hardware products, while the rest is on services. Manufacturing, Automotive & Transportation, and Energy & Utilities are the top 3 verticals driving investments in IoT.

Five key segments are contributing to the overall IoT market demand in India - Large Enterprises, Global Capability Centers (GCCs), Small Medium Businesses (SMBs), Consumers, and the Government. There are over 1200 public-listed Large Enterprises in India, with a current IoT adoption rate of around 35%. The base of 1400+ GCCs is further propelling the IoT segment in India and these GCCs are rapidly testing, implementing, and scaling IoT technologies and use cases. With 75 Million+ SMBs, India has the second highest base of SMBs in the world. About 50,000 of these leverage some form of advanced digital technology solutions for driving business operations, including Artificial Intelligence (AI), Cloud, IoT, etc. These burgeoning segments, coupled with the increasing connectivity and smartphone penetration across the country, is driving the adoption of IoT-based solutions in the consumer segment. The Indian Government is also driving large-scale initiatives such as the Smart Cities project with a budget outlay of USD 31 Billion between 2015 and 2022.

Zinnov analysis also highlighted the specific use case categories where IoT investments by Large Enterprises are scaling. Industry 4.0 or Smart Manufacturing and Connected Assets are two most prominent categories with 20-25% of investments directed towards each of these. Spends on Connected Products and Connected Logistics account for 15-20% each, with the share of Connected Workers accounting for 5-6%.

In the case of Industry 4.0, the focus is on digitalization of individual factories for enhanced throughput and quality on the shop floor, which is then scaled as multi-factory deployments for higher enterprise-level efficiencies. Connected Assets use cases revolve around real-time operational intelligence and predictive maintenance of assets, while Connected Products is about building intelligent products to derive insights such as performance, usage patterns, personalized recommendations, etc. Connected Logistics focuses on reducing supply chain friction and Connected Workers category comprises of use cases around worker safety, AR-assisted operations, etc., Zinnov's analysis further revealed.

For this study, the top 200 of the 1400+ GCCs were evaluated. Zinnov shared that a staggering 55% of these GCCs are working on IoT, while nearly 50% of the 35 major global IoT platform companies have engineering centers in India. IoT is clearly a priority for some of the largest GCCs in India, with even technology giants have made significant investments on IoT; in many cases, the global IoT programs are being driven from India.

The Zinnov study also disclosed that India is one of the richest talent ecosystems for IoT, with 30-40K professionals dedicatedly working on this technology. With 25-30%, Bangalore tops the IoT talent pool, followed by Mumbai and Delhi-NCR at 10-15% each. This talent is spread across GCCs, Service Providers, and enterprises, and ranges from software developers to hardware engineers, AI/ML experts, to IoT security professionals, required for any successful IoT deployment.

Speaking about the study, Prankur Sharma, Head of IoT Practice, Zinnov, said, "India is one of the most vibrant IoT ecosystems in the world, with various supporting enablers making it conducive for companies looking to serve global demand beyond national boundaries.

The 5 major enablers propelling the Indian IoT market include the IT talent, the dynamic start-up ecosystem, the 10,000+ strong base of IT Service Providers, the robust digital infrastructure that the government is investing in, and the dedicated IoT Centers of Excellences (COEs) being set up.

Large Enterprises in India are leveraging COEs as test beds for IoT use cases and initiatives. This, in conjunction with the fact that close to 10% of the billion-dollar Large Enterprises in India have set up IoT-focused COEs, makes the estimates more compelling. With the various ecosystem entities working closely to conceptualize, support, and scale IoT programs, India has emerged as one of the top global IoT hotspots."

About Zinnov

Founded in 2002, Zinnov is a global management and strategy consulting firm, with presence in Santa Clara, Houston, Bangalore, Gurgaon, and Paris. Over the past 18 years, Zinnov has successfully consulted with over 250+ Fortune 500 enterprises to develop actionable insights to help them accelerate their Digital Transformation journeys to create value - across dimensions of both revenue and optimization. With core expertise in Product Engineering, Digital Transformation, Innovation, and Outsourcing Advisory, Zinnov assists clients by:

• Structuring and implementing Digital Transformation levers enabled by technologies like AI/ML, Cloud, IoT, and RPA;
• Advising global PE firms in asset shortlisting and target evaluation, commercial due diligence, and value creation;
• Helping global companies outline and drive their open innovation programs, design and operate accelerator programs, and enable collaboration with start-ups across specific use cases and predefined outcomes;
• Enabling global companies to develop and optimize a global engineering footprint through center setups, and technology and functional accelerators to achieve higher R&D efficiencies, innovation, and productivity;
• Growing revenue for companies' products and services in newer markets through account intelligence, market entry, and market expansion advisory.
With their team of experienced consultants, subject matter experts, and research professionals, Zinnov serves clients from across multiple industry verticals including Enterprise Software, BFSI, Healthcare, Automotive, Retail, and Telecom in the US, Europe, Japan, and India.

India Witnesses 6X Growth in Internet of Things (IoT) Patents over Last 5 Yrs

According to a recent NASSCOM report, India has witnessed six times growth in Internet of Things (IoT) patents over the last five years and more than 80% of these patents were related to applications related to "Industry 4.0", which refers to the intelligent networking of machines and processes for industry

Nearly 6,000 IoT Patents were filed in India from 2009-2019, of which over 5,000 were filed in the last five years. Healthcare and Automobile Industry lead the patents race, said the report titled "IoT: Driving the Patent Growth Story in India".

Over 70% of the total IoT patents came from from the R&D centres of MNCs while start-ups accounted for about 7% of such patents, the report further said.

Nearly 95% of IoT patents were relate to hardware components, with connectivity network and sensors being the leading sub-technologies.



Manufacturers of electronics and electrical equipments, semiconductor devices and computer and telecom equipments together accounted for over 60% of the IoT patents filed in India by business entities over 2009-19. The share for IT-ITeS companies stood at 13 per cent.

The NASSCOM report also said that patent filing will also see an increase in the coming years primarily driven by healthcare, automation, manufacturing and supply chain, 5G and security systems

CyberEye to Organize Asia’s Largest Conference in LoRaWAN - The Things Conference India

The Things Conference India 2019 is being organized to build a bigger, better and stronger LoRaWAN technology ecosystem in India. This Asia’s largest conference on LoRaWAN brings together CEOs, CTOs, governments, IoT experts, LoRaWAN industry leaders, students from premier institutes, startups and tech-enthusiasts to share the knowledge and explore future possibilities with IoT/ LoRaWAN. The conference is being organized at HICC, Hyderabad on 18th - 19th October 2019 by CyberEye, powered by iB Hubs.

The two-day conference will witness a delegation of Governments, Academia, and Industry and will be the perfect platform for developers, startups, and businesses to learn, connect & explore the nuances of the LoRaWAN technology ecosystem. This will make space for exploring more avenues, collaborations, and business opportunities to advance LoRaWAN and IoT across our ecosystem.

The Things Conference 2019 will feature keynotes from Mr. Jayesh Ranjan, Principal Secretary – IT, Govt of Telangana, Mr. Wienke Giezman & Johan Stokking (Co-Founders of The Things Industries – and speakers from ISRO, IISc Bangalore, arm, Microchip, MultiTech, Semtech, RAK Wireless, Lacuna Space, Edge Impulse, Ideetron, iB Hubs.

The conference will also host rapid pitches, Expo Hall, and Wall of Fame, and Keynote area to discuss on-ground challenges with key players of the ecosystem, explore cutting-edge prototypes and build synergies for a smart India. Along with these, there will also be parallel open and exclusive hands-on workshops.

LoRaWAN (Long Range Wide Area Network) is a cutting-edge technology that has been designed to wirelessly connect “Things” in regional, national or global networks. LoRaWAN offers multi-kilometer connectivity at astonishingly low power consumption rates. This breaks the limitations imposed by traditional networking technologies such as cellular, WiFi and others for IoT applications and thereby opens up a whole new range of uses in the IoT world.

With a mission to build secure and smart communities, CyberEye - a technology company from India is organizing ‘The Things Conference India’ in Hyderabad.

CEO of CyberEye, Ram Ganesh says, “We are committed to see India as a smart and secure nation. Through this conference, we aim to strengthen a strong advanced technology culture and ecosystem in India for individuals, businesses and Governments to learn and further improve in developing smart and secure technologies thereby bringing a phase-shift in India by creating immense opportunities in the smart space.”

India is stepping towards building smart cities, and LoRaWAN is key to this in making it into a reality. With LoRaWAN’s strength of low power and long-range connectivity, we can take a giant leap from smart cities to building a smart nation as a whole.

Registrations for The Things Conference - https://www.thethingsconference.in/tickets

~ BusinessWire India

Using IoT and BLDC Technology, Two Ex-IITians are Effectively Solving for India’s Energy Crisis

One cannot ignore the fact that energy efficiency has been identified as the key to affordable, sustainable energy systems and as one of the best cost-effective ways to address rising energy demands.

Ex-IITians - Manoj Meena and Sibabrata Das, understood the energy crisis challenge of India and decided to solve this problem through innovative smart BLDC technology and IoT devices. Smart fans that have BLDC or DC Motors or are certified by Energy Star consume much less energy than any other ceiling fan in the market. Low power consumption also results in reduced electricity costs of Indian households.

[caption id="attachment_134096" align="aligncenter" width="450"] (R to L)
Atomberg-Manoj Meena and Sibabrata Das[/caption]

Smart Internet of Things (IoT) fans basically use 1/3rd electricity and runs three times longer as compared to an inverter. India's most energy efficient fans enables in a lower power consumption of 28W as compared to 65-70W of energy consumption by Atomberg. The BLDC powered smart Gorilla fans help the Indian consumers to cut down on 65% of electricity i.e. Rs 1000- Rs 1500 per household each year.



For the first three years, Manoj Meena and Sibabrata Das- Ex IITians, struggled a lot to find the right fit in terms of data acquisition and process control. The co-founders executed many ideas as projects for research labs like IITs, VRC etc. These projects were related to motor control, electronics, software development and hardware design. This helped them to learn more about hardware designing manufacturing, electronics and motors. They used their knowledge on BLDC motors and decided to solve the energy crisis in India.

For creating an outstanding impact on energy efficiency and electricity saving, Meena has been recognised with various awards and recognition. In 2017, he was awarded 'National Entrepreneurship Award' by Govt of India. In the same year, he was the winner of 'Global Climate Solver Award' organised by 'WWF' (World Wildlife Fund) and 'Global CleanTech Innovation Program' in Energy Efficiency category organised by 'United Nations Industrial Development Organisation' held in San Francisco, USA. Manoj also received special recognition from the Prime Minister and Niti Aayog as ‘Champions of Change’ in the startup ecosystem.

 

Wipro-AWS launches Co-Innovation Center in Bengaluru to exhibit AI, ML, Blockchain, and IoT Solutions

Wipro Limited, a leading global information technology, consulting and business process services company, today unveiled the Wipro-AWS Launch Pad, a state-of-the-art immersive co-innovation center in collaboration with Amazon Web Services (AWS). Wipro, with its skilled team of AWS-certified employees, is an innovation-led technology partner for clients in their continuous business transformation journey.

This state-of-the-art ‘innovation-in-action’ center, located in Wipro’s campus at Kodathi, Bengaluru, will enable Wipro to develop and showcase its offerings on AWS Cloud for clients across industry sectors. The center will serve as a multi-disciplinary customer showcase hub for specialized teams to ideate, collaborate, develop and deliver futuristic solutions, leveraging AWS Cloud services in the areas of artificial intelligence (AI), machine learning (ML), analytics, Internet of Things (IoT), blockchain, augmented and virtual reality, among others.

This center allows an integrated delivery approach that facilitates accelerated cloud adoption for enterprises, and will help clients improve agility, security and optimize costs to drive superior business performance.

From developing and creating leading-edge solutions to achieving Premier Consulting Partner status in the AWS Partner Network (APN), Wipro has developed deep expertise in AWS Cloud services to deliver transformational cloud programs. This center further reinforces Wipro and AWS’s shared commitment to deliver innovative solutions and provide exceptional customer service.

Ramesh Nagarajan, Senior Vice President - Cloud, Wipro Limited said, “The Wipro-AWS Launch Pad showcases what we do best - envisioning the future and creating transformative solutions for our customers. With our expertise in AWS Cloud Services, we are excited to support our customers’ continuous business transformation journey through the Wipro-AWS Launch Pad.”

Ed Lenta, Managing Director, Asia Pacific, Amazon Web Services added, “Wipro is raising the bar with the Wipro-AWS Launch Pad by demonstrating the truly innovative experiences that can be developed on AWS. As an AWS Partner Network (APN) Premium Consulting Partner driving some of our largest and most transformational projects, it’s great to see Wipro’s powerful vision for customer experiences come alive in such an engaging and immersive way.”
About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 175,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

~ Business Wire India

Canadian Tech Startup Expands Presence in India to launch IoT Products

SnowM Inc, a Canadian tech startup focussed on building IoT solutions, today announced the opening of its new branch in India, Hyderabad, to address the significant market opportunity in the IoT market and support its rapidly growing support base in India.

As the company’s the first office in India, the new location enhances the company’s ever-expanding the global presence and was strategically selected due to the abundance of skilled engineering talent, the business environment and culture, and SnowM’s existing relationships in the region. Besides, the Hyderabad office also helps SnowM for further growth in India and strengthens and accelerate the country’s growing IoT ecosystem.

The opening of our office in Hyderabad, India, represents a significant step forward in the execution of our IoT growth strategy explained Madan Kanala, Founder & CEO of SnowM. Madan who hails from Andhra Pradesh bring his experience from working with global brands such as Broadcom and Hewlett –Packard, says “Our vision for SnowM is it to help businesses transform with connected intelligence and with the introduction of new technologies like NB-IoT, SnowM’s drive for developing smart solutions will help meet the growing demand of multiple businesses.”

SnowM's product contains 5G enabled smart devices that will cater to major application categories of transport, agriculture, health care, asset tracking, logistics, smart cities, and security and safety. Its solution architecture enables communication between cloud connectable sensors and an integrated, cloud-based analytics engine to extract and analyze data for actionable insights.

With a decade of experience, SnowM’s workforce is skilled engineers and professional services experts, working on core product innovations across SnowM’s IoT portfolio. With this new branch, SnowM is expected to expand its workforce in Hyderabad in the next one year and strengthen its position as a high-growth startup. The new office is located at Hyderabad's White House at Begumpet. Hyderabad is also home to R& D of few other companies such as Microsoft, Qualcomm, and Google.
About SnowM

SnowM is a B2B (IoT) Solutions Company started its operations in 2018, headquartered in Ottawa, Canada. SnowM's products empower businesses with connected intelligence. SnowM Inc. designs end-to-end IoT solutions and manufactures easy-to-use, cloud-connected, rugged electronic devices, with rich data analytics and reporting.

HP setting up Centre in Andhra Pradesh to Skill Students on Using IoT in Agriculture

Tech major Hewlett Packard Enterprise (HPE) on Friday said it has signed a pact with Agastya International Foundation to set up a Centre of Excellence in Andhra Pradesh for skilling students on using emerging technologies like Internet of Things (IoT) in agriculture.

The facility will be set up on the Foundation's campus at Gudipalli in Andhra Pradesh. It will provide students with access to advanced IT solutions that are at the leading edge of technology innovation in the agricultural sector to achieve higher food production from finite land resources, a statement said.

"Technology can play a vital role in addressing rapidly-evolving global needs related to food and agriculture. Being a purpose-driven organisation, we are leveraging previously untapped resources to reveal new solutions for such social and environmental challenges," HPE India Managing Director Som Satsangi said.

The Centre of Excellence will train the youth on technology to improve yield, productivity and sustainability across the entire agricultural ecosystem, he added.

Under the guidance of Internet of Things (IoT) experts from HPE, these students will get the opportunity to work with soil fertility experts on agriculture-related projects. The training, in the areas of IoT and computer programming, also aims to improve their employment prospects.

In September 2017, HPE, along with PwC, launched a new project that will work towards creating a CoE in the city of Kolkata that will work towards using the vast possibilities that Internet of Things (IoT) technologies has to offer and optimise things for the city administrators so that they can offer their best services to the citizens of their cities.

Cisco to bring Benefits of IoT & Data Science to Kerala Farming Communities

Global computer networking giant Cisco has signed an MoU with the Kerala State IT Mission (KSITM) to bring the benefits of digital technology including Internet of Things (IoT) and data science to farming communities in Kerala, as part of its Country Digitization Acceleration (CDA) programme.

The first phase of this initiative will be rolled out in 15 panchayats across Kannur district.

As per the the MOU, Cisco will build an Agri-Digital Infrastructure (ADI) Platform and set up Village Knowledge Centres (VKCs) for knowledge delivery and provide access to e-learning and advisory services to the farming and fishing communities in Kannur.

The ADI Platform will provide access to a datastore with complete farming data of paddy and prawns farms in the region along with land and farmer profile databases.

This datastore will run Cisco's robust analytics and computer engines to extract insights on crop yields, weather patterns, plant disease patterns, soil quality, moisture content, forecasting and other data, and make it available to farmers and government officials through the VKCs.

This Cisco ADI Platform, which will eventually become a centralised knowledge hub, will provide data-based recommendations and insights to improve agriculture planning, reduce the risk of crop mortality and overall operational costs.

To provide a a custom-built Smart Agricultural Platform to Kerala farmers, the ADI Platform will utilize IoT sensors, Non-IoT databases, and satellite/UAV images to gather and relay real-time intelligence on soil content, moisture, weather conditions and other parameters.

The Village Knowledge Centres (VKCs) will allow farmers to access essential information on government policy updates, crop advisory services, market trends, rates and best practice videos. Farmers will also gain accessibility to government-provisioned financing on a Content Management System through a mobile application and web portal.

Cisco’s Harish Krishnan said the impact of technology can be transformational for those who need it most, elevating standards of living and foster economic development.

M Sivasankar, IT Principal Secretary, said the government's vision is to turn the state into a knowledge society with sustainable economic growth, technological advancements and better quality of life for all.

To recall, in 2016 Cisco had signed an MoU with Gujarat International Finance Tec-City (GIFT), and iCreate, to establish an Internet of Things (IoT) Innovation hub in order to accelerate digital transformation progress in the state of Gujarat.

Source - Mathrubhumi

Nasscom, Global Internet Body to Set Standards for IoT Devices to use Domain Name System

India's apex body for IT, NASSCOM, has partnered with ICANN, or the Internet Corporation for Assigned Names and Numbers, a global organization that is responsible for allocating IP addresses and managing the domain name system (DNS), for working in developing standards that will feed into the global consultation for managing Internet-of-Things (IoT) devices.

ICANN, which is often called the phone book of the internet, matches domain names with appropriate IP address numbers. Its partnership with Nasscom, which was announced last year and has so far focused on building standards for IoT, will also collaborate on other research.

Together, they will first focus on updating IoT devices using domain name system (DNS) even in a situation where the manufacturer or supplier has closed down the business.

"Future of the digital era has to be about partnerships. We have to significantly increase research and development capacity. The way we innovate has not only to solve India's problem but also of the world," Nasscom President Debjani Ghosh said.

The project team comprises ICANN's technical experts, Nasscom's Centre of Excellene-IoT team, the Indian Institute of Technology (IIT) Hyderabad, and participants from India’s Education and Research Network (ERNET). The teams began research on the DNS and Internet Protocol version 6 (IPv6) in the context of the Internet of Things (IoT) last year.

The project aims to explore the industrial and large-scale deployment issues associated IPv6-only devices. It is being carried out with a series of simulations and experiments to explore automated updates of different kinds of IoT- enabled devices.

India, with a base of 560 million Internet users and still growing, also leads the world in the adoption of a new set of Internet addresses, called IPv6 (Internet Protocol version 6). Most upcoming IoT devices are expected to have addresses belonging to IPv6.

"This collaboration provides a structure for us to jointly identify research projects, particularly in new technologies related to the internet's system of unique identifiers," said David Conrad, Chief Technology Officer, Internet Corporation for Assigned Names and Numbers (ICANN).

ICANN is a nonprofit global organization that overlooks all the internet plumbing on behalf of governments, universities and companies, as well as the public. It is a global multi-stakeholder organization that was created by the U.S. government. However, since in March 2016 ICANN is no longer overseen by the US government and its ropes is now into the hands of a lesser known organisation that will have a number of countries on board.

Source - Business Standard

European Union to Help Create CoE for 'IoT for Smart Cities' at IIIT-Hyderabad

European Union, through its India-EU ICT Standardisation Cooperation Project, is supporting the creation of a Centre of Excellence (CoE) on Internet of Things (IoT) for Smart Cities at IIIT-Hyderabad.

As part of the CoE, the EU India project will not only help to design relevant courses on IoT, but will also facilitate capacity building by supporting research collaborations and exchange of experts between India and EU.

With an aim to build a deeper understanding of the standards driven approach for smart cities, and facilitate collaboration between various smart city stakeholders across India and EU, the project will also organise outreach activities such as hackathons, workshops and conferences. These activities would be organised on varied components of IoT including the use of standards such as oneM2M for interoperability for the benefit of public at large.

The CoE brings together faculty from several IIIT-H research centres such as signal processing and communications, embedded systems, data science, computer systems group and domain areas such as building science, spatial informatics, e-governance, and earthquake engineering, thereby facilitating co-operation between different experts on interdisciplinary aspects of IoT for Smart Cities.

The EU as part of the project facilitated an exploratory trip to Estonia of the IIIT-H faculty in January. With a view to strengthen and support developers’ community, CoE has conducted number of trainings including applications of LoRaWAN standard for smart-cities and use of oneM2M in IoT applications. In July, the CoE will undertake a visit to France for enhancing collaboration between Indian and French universities and start-ups working in Toulouse and Bordeaux.

Commenting on this initiative, the coordinator of this CoE Dr Sachin Chaudhari, Assistant Professor, Signal Processing and Communications Research Center, said, “Learnings from our research collaborations, courses and hackathons, conducted as part of this CoE’s activities, will be used to apply smart city solutions in Hyderabad and then the successful models will be replicated across India. Thus, this CoE at IIIT-H, supported by India-EU ICT Standardization Cooperation Project, is expected to trigger a smart city revolution in India in several ways.”

Elaborating on the importance of the CoE, Raimund Magis, Chargé d’Affairesa, said, “Add interoperability and open innovation to IoT and it becomes a game changer which can positively impact millions of lives. The Centre of Excellence at IIIT-H facilitates the latest in IoT, being developed across India and the EU based on global standards, to reach a wider audience. We hope that these deliberations and interactions will further fast track solutions for the Indian smart cities requirements."

This content was first appeared in Express Computer

Tata Communications Launches B2B IoT Marketplace of Plug-and-Play Model

Indian telecommunications giant Tata Communications has launched an Internet of Things (IoT) marketplace to bring together IoT practitioners and enterprise customers on a single platform. Tata Communications’ IoT Marketplace can be accessed at IoT.tatacommunications.com.

The IoT Marketplace looks to address these needs by bringing together different partners from device manufacturers, software developers to start-ups and system integrators to deploy and manage IoT solutions, all under one single platform.

This will enable customers to tailor their IoT solutions and drive innovation within their business while enabling vendors and partners on the platform to discover new market opportunities, it said in a statement.

Consulting major Frost & Sullivan finds that the enterprise IoT market in India will grow at a compound annual growth rate of 35 per cent through 2023, quadrupling the market by then. Indian enterprises have not been able to fully leverage the opportunities as there is a lack of standardisation, interoperability and connectivity in the IoT market.

"By bringing together best-of-breed IoT players on one online B2B marketplace, we are breaking new ground in the journey to unlock the power of IoT in India," said Alok Bardiya, Head of IoT business unit at Tata Communications.
The IoT marketplace will enable diverse customers from the government, public sector companies, enterprises, and start-ups to choose from a range of offerings and services on a plug and play model, enabling them to leverage IoT solutions to address their custom requirements.

The IoT marketplace will enable diverse customers from the government, public sector companies, enterprises, and start-ups to choose from a range of offerings and services on a plug and play model, enabling them to leverage IoT solutions to address their custom requirements.

Tata Communication, which has a LPWAN-based IoT network, has so far rolled out its network in 45 cities, nearly 2,000 communities, touching over 400 million people in total. The customers of the telecom firm represent 300 of the Fortune 500 corporations whose digital transformation journeys are enabled by its portfolio of integrated, globally managed services that deliver local customer experiences.

Tata Communications is building the foundation for IoT in India with its LPWAN network, spanning nearly 2,000 communities and touching over 400 million people in total. To-date, the company has rolled out its network in 45 cities, with more cities planned for implementation over the next two years.

To recall, in February, a leading natural gas distribution Indraprastha Gas Limited (IGL), rolled-out its pre-paid smart gas metering system, which is deployed over a LoRaWAN Internet of Things (IoT) network of Tata Communications.

It was in February 2017 when Tata Telecommunications partnered with the US IT firm Hewlett Packard (HP) to build an IoT network in India and which will eventually be the largest IoT network globally.

Prior to that in November 2016, Tata group joined hands with global venture capitalists including General Electric Ventures, Microsoft Ventures and Qualcomm Ventures among others, to set up a IoT technology incubator in Israel. The incubator called i3 Equity Partners (i3) focuses on developing next-generation IoT (Internet of Things) and IIoT (Industrial Internet of Things) technologies.

In August 2015, Netherlands became the first country in the world to have a nationwide network of IoT beating South Korea to it by a margin of just a week. The nationwide IoT network in Netherlands was rolled out by Dutch telecommunications company KPN.

Source - Tatacommunications.com | Via ~ ANI News

IAN Backed Get My Parking Launches 'Enable' - An IoT based Smart Parking Solution

Taking its mission to digitize global parking forward, Get My Parking (GMP) is launching the newest addition to its smart parking platform – ‘Enable’. GMP Enable is an IoT module that upgrades the old to the new. It connects any existing parking access system to any third party mobile app and sensors. Packaged as a small black box, it retrofits existing parking equipment in a plug and play manner.

For parking operators, this means they no longer need to invest in new equipment to turn their facilities smart. They can keep their existing equipment and use GMP Enable to connect it with any online software. Be it old or new, GMP Enable makes all equipment compatible, facilitating an ecosystem of integrated components that work together as per defined business rules. No matter from which vendor parking access system comes from, GMP Enable makes it easy to create an interoperable ecosystem.

[caption id="attachment_130151" align="alignleft" width="370"] Aman , Head of IOT, Get My Parking[/caption]

“Enable is designed to work with any type of access control – RFID, NFC, QR code, Bluetooth, or camera vision. It can handle communications over multiple protocols (GPIO, Wiegand, TCP/IP, Serial over RS232, etc) that have been industry standards, thus ensuring over 90% compatibility in the parking ecosystem. Enable can handle transactions in online mode as well as partially offline mode in case of low connectivity.It alsointegrates with the other Get My Parking products likeGMP Report Dashboard for advanced analytics and GMP Admin Console for managerial control.”,says Aman Singh, Head of IoT, Get My Parking.

There are two exemplary benefits of using GMP Enable at any parking lot:

1. Parking operators can immensely save costs on upgrading their operations to online smart parking


2. Easily make parking infra ready for the new digital mobility like car sharing, renting, and app taxis

[caption id="attachment_130150" align="alignleft" width="800"] Device Picture[/caption]

In the ongoing mobility revolution, the parking utilized by car sharing and renting services is increasing rapidly. Old systems are not meant to handle the flexible business requirements of these fleets of taxis and shared cars. But GMP Enable is designed to help with fleet parking management and allows the parking systems to integrate and talk to the world of shared mobility. To help commercial as well as residential parking lots to become IoT smart and future proof, GMP Enable is now available across 16 countries where Get My Parking is operational.

Last June, the startup partnered with APCOA PARKING, Europe’s leading parking operator, to customize and deploy an open IoT technology that integrates parking equipment onto a standard, interoperable platform. With this, partnership, the digital platform of Get My Parking scaled to all 13 countries in which APCOA operates more than 1.4 million car spaces at over 9000 locations.

AI, Cybersecurity, IoT & Cloud Accounts 50% of Tech Patents Filed by Indian Firms in the US

India's apex body for IT, National Association of Software and Services Companies (NASSCOM) and the chamber of commerce of the IT-BPM industries in India, released a report on April 26 named "Emerging Technologies: Leading the next wave of IP Creation for India", which states that in the 4 years -- from 2015 to 2018 -- Indian companies filed over 4,600 patents in the United States, the majority of which (64.8%) are technology patents.

According to the report, share of tech patents in total patents filed in the US increased to two-third (2/3rd) in 2017/18 from half in 2015. Of the technology patents, the share of emerging technologies has increased consistently to 56.3% in the 2017-2018 period from 38.3% in 2015.

Notably, 40% of the tech patents filed by Indian firms have been granted, said the report.

Artificial Intelligence (AI) leads the emerging technologies patent race both in terms of a total number of patents. From 2015 to 2018, some 330 AI patents were filed in the US by Indian firms. It was followed by patents filed in cybersecurity (193), IoT (107) and cloud computing (88).

Under AI, Machine Learning was the leading sub-domain in AI with over 70% share.

Focusing on the Indian technology innovation story, the Nasscom report explore how companies domiciled in India
are creating IP assets in the US, as exports to US are almost 62% of the technology industry in India and almost 80% of US MNCs have set up presence in India.

Indian startups are also catching up as during 2015-18, India-based startups have filed nearly 200 patents in the US, the majority of which focused on emerging technology areas including image processing, AI, cybersecurity, vehicle technology, and IoT.

NASSCOM President Debjani Ghosh said the report is the first in a series to understand how Indian technology companies are creating IP assets in its largest market.

"As a country, India can further strengthen its potential as an innovation hub through more investments in research and strategic collaborations. We are confident that we will usher in a new wave of innovation and intelligence in the country," said Debjani in a media statement.

It noted that the average patent granting time in the US is 22 months, and nearly 40% of the tech patents filed during 2015- 2018 period had been granted as of February 2019.

The top filers were also top Indian companies, namely Reliance Industries Limited, Welspun Steel, Mahindra, Bharat Petroleum, Wipro, Tata Consultancy Services, HCL, and Infosys.

New applications areas including Navigation, Digital Payments, Logistics, Text/Data Mining and Cyber Security are leading the growth story.





In one of AI patents filed, Bangalore-based Edtech startup, Indiavidual Learning Pvt Ltd (also known as Embibe) has a patent called "Adaptive learning machine for score improvement", wherein Indiavidual Learning has filed patents related to method or system for providing an adaptive learning machine based user interaction. The patent provides a self- learning/adapting system that uses novel user-targeted behavioral interventions thereby allowing a user to continually improve her scoring ability by generating challenges and remedial spot recommendations based on user's previous attempts, aptitude level of user, behavioral, and test-taking skill, thus allowing the user to continuously improve her score in a limited time frame.

In one of IoT patents filed, Bangalore-based IoT firm, Mangasost Consulting has a patent for a Wearable device for a child to communicate with parents and friends.

Under UAVs/ Drone, Infosys-backed drone startup, Ideaforge Technology Pvt Ltd, has filed patent in the field of multi-rotor aerial vehicle called "Multi-rotor aerial vehicle with single arm failure redundancy", that is capable of maintaining a stable flight even if one of its arms and/or associated components fail due to any reason.

Top Featured Image (representative) by Amber Avalona from Pixabay

India to Create 28 CoE to Promote AI, Blockchain and other Emerging Technologies

Software Technology Parks of India (STPI), under the Indian Ministry of Electronics and Information Technology, Government of India, is set to create 28 Centres of Excellence (CoE) across the country in emerging fields like Internet of Things (IoT), artificial intelligence (AI), cloud, augmented reality & virtual reality (AR & VR), blockchain and others.

This announcement was by STPI director, Sanjay Gupta, at recent event.

The upcoming CoE will work in collaboration with stakeholders, state governments, academia, industry and industry mentorship to provide a platform for startups and budding entrepreneurs across the country.

Just a few days back, STPI inked a MoU with US-based Fab Foundation for setting up the Fab Lab in Bhubaneswar, Orissa.

A Centre of Excellence (CoE) -- according to STPI -- is a domain-specific specialized incubation facility for start-ups in the area of emerging technologies where the highest-standards and best-practices in terms of infrastructure, technology, leadership, mentoring, training, research & development, funding, networking for the given focus area is made available.

STPI is responsible for setting up IoT OpenLab at Bengaluru, Electropreneur Park ESDM Incubation Centre at Bhubaneshwar and FinTech at Chennai.

In August last year, STPI had unveiled a new incubation centre as well as a Fab-Lab called 'STPI ELITE' for electronics and IT startups in Orissa state, located at Gothapatna locality in Bhubaneswar city.

Lot of CoEs have been set up in last couple of years including NASSCOM IoT-CoE. In January, Kerala Startup Mission, the nodal agency of the Kerala state government for technical entrepreneurship, partnered with Unity Technologies, a US-based game development company, to launch a CoE for AR/VR and gaming, in order to help the startup culture boom in the gaming and AR & VR sectors.

Last October, NASSCOM in collaboration with the Haryana government, had launched CoE for IoT at Gurugram.

Via ~ ElectronicsB2B

With $19.6 Bn, India among Top Countries in IoT Spending Globally

The recently published IDC Worldwide Semiannual Internet of Things (IoT) Spending Guide has predicted that the Asia Pacific region, excluding Japan (APEJ), will spend around 36.9% of the worldwide spend, making it the global leader for IoT spending in 2019. Following APEJ will be the US and Western Europe with 26.1% of the WW IoT spend in 2019, respectively.

In 2018, China spent US$159.1 billion, making it the top spender in the region. Following China were South Korea and India that spent US$22.6 billion and US$19.6 billion , respectively.

Ashutosh Bisht, senior research manager at IDC, said: “The per capita IoT spending among the APEJ countries is quite varied, it is primarily related to the demographics, broadband penetration, coverage and capacity of the nation’s infrastructure, including telecommunications, modernity of commercial buildings, firm demographics, highways, and electricity/gas/water distribution.

However, South Korea took the number one spot per capita, followed by Australia and New Zealand.

“South Korea is the top
APEJ country in terms of per capita IoT spending followed by Australia
and New Zealand. The key drivers of IoT penetration will include
proliferation of cloud-based back-end services for data acquisition and
analytics, and 5G fixed wireless deployments that are expected in
Australia, New Zealand, and Philippines before 2020.” 

The year 2018 also saw IoT services as the largest technology category with $83.5 billion spent on traditional IT and installation services as well as non-traditional device and operational services.

Hardware spending was close behind at $78.4 billion, led by more than $65.7 billion in module/sensor purchases. 

IoT software spending totaled $43.3 billion and will see the fastest growth over the five-year forecast period (2017-22) with a CAGR of 15.8%. Services spending will also grow faster than overall IoT spending with a CAGR of 13.3%, IDC said.

In 2018, the top three industries spending most on IoT solutions were -- discrete manufacturing ($43.9 billion), process manufacturing ($33.2 billion), and utilities ($20.1 billion) .

IoT spending among manufacturers will be largely focused on solutions that support manufacturing operations and production asset management.

In utilities, more than half of IoT spending will go toward smart grid(electricity), followed by smart grid(gas).

IDC predicts that telecommunications (16.6%), construction (15.9%), and healthcare (15.6%) industries will see the fastest compound annual growth rates (CAGR) over the five-year forecast period.

Source - TelecomAsia.net