IOT Revolution in the Making
The Internet of Things (IoT), which is enabling increased connectivity of everyone, everything, everywhere and every time, is causing a fundamental shift in how we do things. IoT, broadly classified into Consumer and Industrial IoT, is expected to be a USD 3 trillion global market by 2020. India's player landscape with ~120 IoT firms, of which >60 per cent are startups, has the necessary technical & technological skills to power the IoT revolution. This issue of Newsline takes a deep dive into the IOT opportunity as well as NASSCOM initiatives in the space of payments, ecommerce and products.