IoT To Be The Next Big Space For Digital Innovation In India

Addressing the increasing convergence of multi-disciplinary facets of the technology ecosystem with IoT(Internet of Things), the India Electronics and Semiconductor Association (IESA) kicked off the first edition of ‘IoTNext 2015’ in Bengaluru on Wednesday (9 December).

With the theme, “Innovating Digital Economy with IoT Solutions & Services”, the platform looked at enabling an agile, efficient and cost effective solutions and services with industry collaborations and partnerships.

Speaking at the event, Vikram Kirloskar, Vice Chairman of Toyota Kirloskar Motor Ltd, stressed on the increasing adoption of IoT in the automotive space. He indicated that the automotive electronics production is expected to grow at a strong average annual rate of 7 per cent worldwide and will reach €179 billion by 2017.

“We already live in a networked society dominated by connectivity and mobility and we are currently entering the era of the digital car. By the end of the decade, the connected car will go one step further into smart communication solutions with car-to-infrastructure and car-to-car communication as part of traffic management and crash avoidance,” he added.