Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
RSS

News

IoT meet focuses on expanding Indian start-up ecosystem

Author: IANS/Thursday, November 9, 2017/Categories: Technology

IoT meet focuses on expanding Indian start-up ecosystem

Bengaluru - The Internet of Things (IoT) Next summit, which began here on Wednesday, focused on expanding the Indian start-up ecosystem for creating more opportunities to the stakeholders, said an industry body official.

"We are looking for industry intervention at academia-incubator-start-up level to enable the IoT hardware ecosystem. The growth of our start-up ecosystem has been exponential with artificial intelligence (AI), machine learning and analytics," said Indian Electronics and Semiconductor Association (IESA) Chairman Ashwini K. Agarwal at the summit.

The challenges for the industry is to build strategy for scalable, secure and efficient IoT implementation and determine which technologies will drive it (IoT) to the next development stage.

"The focus is to upskill the workforce in IoT with workshops on new technologies like LoRa and Julia Scientific computing," said Agarwal.

The two-day second edition of the IoT summit, organised by IESA with The Indus Entrepreneurs (TiE) Bengaluru chapter, deliberated on market verticals and horizontal technologies for leapfrogging and exploring them.

"The government has been active to make the country digitally enabled with Digital India and Smart City initiatives. By embracing automated technologies like AI, our effort is to expand its vision in the area," said Tie Bengaluru President Ravi Gururaj.

Asserting that India was moving the ante towards innovation, he said TiE would contribute and support IoT entrepreneurs and strengthen the ecosystem.

With automation disrupting the industry, a growth path for the emerging markets across verticals need to be defined to be at par with the established players in the industry.

With 900 start-ups across the country, about 1,000 delegates are participating in the two-day summit on new perspectives and fresh thinking on IoT security.

Rambus Chief Technology Officer Martin Scott, Intel's IoT group Director Rahul Bedi and Microsemi Vice-President Frank Thiel spoke on the transformational journey of IoT, highlighting the opportunities the new technology has created for the manufacturing landscape in the country.

Print Rate this article:
No rating

Number of views (141)/Comments (0)

rajyashree guha

IANS

Other posts by IANS
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free