IoTNext 2017 showcased a 100% growth in the start-up IoT ecosystem and is planning for another 100% growth in the next edition.
During the event, The IoT Directory was launched which includes 900 start-ups, working in the field of Internet of Things (IoT) across the nation. It has been compiled with support from NASSCOM, IoT CoE, IIT Mumbai, SINE, IKP EDEN, Revxx, IoTBLR, T-Hub, Forge and Excubator.
With a focus on New Perspectives & Fresh Thinking on IoT Security, the mega summit is expected to attract over 1,000 participants, visionaries and stakeholders on a common platform. It will showcase innovations at the IoT Hack Fest. It will address key challenges faced by the industry and build strategy for scalable, secure and efficient IoT implementation, by determining which new technologies will drive IoT to the next development stage. It will also focus on the start-up ecosystem by upskilling the workforce in the field of IoT with workshops on new technologies like LoRa and Julia Scientific computing.
Speaking on the occasion, Ashwini K Aggarwal, Chairman, IESA said, “The start-up ecosystem in India has already reached great heights and with the support of emerging technologies such as artificial intelligence, machine learning and analytics the growth in this space has been exponential. We would like to take this to at least another 100 percent growth that it is currently witnessing.”
Ravi Gururaj, President, TiE Bangalore said, “The Indian government has already been active in making the nation more digitally enabled with its laudable initiatives such as Digital India, Smart City etc. By welcoming automated technologies such as artificial intelligence, this effort is further boosting their vision of a ‘Digital India’. We are proud that India is moving the ante towards innovation and we are happy to contribute and support IoT entrepreneurs and further strengthen the ecosystem.”