In the next 3-4 years, India will see a higher rate of IoT adoption than in developed markets, said Ravinder Singh, Director – Solutions Strategy & Business Development, IoT, Smart Cities & Digitisation, Dell India.
Anticipating such changes there is a mushrooming of skill developments around areas such as analytics, machine-to-machine (M2M) and end user apps which are the building blocks for IoT. Many startups are being setup around this technology.
To succeed in such developmental scenario it requires government support. The IT industry is a great example of how the government supported an emerging sector by providing all benefits and assistance (STPI, SEZ etc.) which helped India become an IT superpower.
Similarly for IoT-based industries to grow, a lot of government backing and support is necessary. If this is not facilitated, India will get stuck. Another critical roadblock can be availability of investment.
Lauding the government’s initiatives with regard to Smart Cities, Singh said a lot of infrastructure development will play a role in India’s growth such as roads, highways, buildings (both commercial and residential), large industrial parks etc.