Академический Документы
Профессиональный Документы
Культура Документы
Introduction, Eastern India leveraging IoT, Key trends and investment horizon
in IoT, Top 10 industries investing in IoT, Opportunities for Start-ups,
Opportunities for eastern Indian states, Practical examples of IoT, Developing
skill set for IoT, Conclusion, About PwC, About CII
A potential
EasternIoT
India
hub
A potential IoT hub
www.pwc.in
This publication contains certain examples extracted from third party documentation and so being out
of context from the original third party documents; readers should bear this in mind when reading the
publication. The copyright in such third party material remains owned by the third parties concerned
and PwC expresses its appreciation to these companies for having allowed it to include their
information in this publication. For a more comprehensive view on each companys communication,
please read the entire document from which the extracts have been taken. Please note that the
inclusion
a company in this publication does not imply any endorsement of that companyICT East 2
3 CII of
PwC
by PwC nor any verification of the accuracy of the information contained in any of the examples.
Introduction
Definition
The Internet of Things (IoT) refers to the
network of physical objects that can be
accessed through the internet.
IoT will not be possible without sensors.
Sensors detect and capture changes in motion,
temperature, light, etc., and they are necessary
to turn billions of objects into data-generating
things that can receive and send information.
To increase the number of connected devices in the country from around 200 million to over 2.7 billion
by 2020,
To develop human resources and technology for IoT relevant skill sets,
To undertake research and development in IoT-relevant technologies, and
To develop various IoT solutions specific to Indian needs in agriculture, health, water quality, natural
disaster, transportation, security, automobiles, supply chain management and smart cities, among
other sectors.
In this years budget, the government has allocated 7,060 crore INR for the smart cities project.
According to DeitY, this will lead to massive and quick expansion of IoT in the country. As part of the
Digital India initiative, the Government of India has announced the launch of the Centre of
Excellence (CoE) for IoT in Bengaluru.
This CoE will be run on a public-private
partnership (PPP) model, with seed fund
from the Government. This initiative will
be instrumental in creating and
supporting a physical lab infrastructure to
build an ecosystem to leverage new age
technologies and provide access to
academic researchers, industry players
and other stakeholders. Such technologycentric initiatives by the government,
along with its focus on infrastructure
development under the National eGovernance Plan (NeGP), will further
boost the potential of IoT in the country.
3 CII PwC
ICT East 3
3 CII PwC
Highlights
West Bengal has the largest metro of the region and is the
most prominent business hub due to its strategic
geographic location. A strong ICT policy to provide proper
support and direction for IoT start-ups will provide a great
fillip to the Industry . Odisha has released the ICT policy
2014 with hosts of incentives for the business community
within a well-defined framework. The state is going all the
way for implementation of the policy. In acknowledgement
of the growing needs of the business community and
citizens, Jharkhand is in the process of revising the ICT
policy. The IT/ITeS investment policy of Chhattisgarh
(201217) provides special incentives and grants to the IT
industry. Sankalp, released in June 2014, by the
Department of IT, Bihar, has set a clear-cut agenda for egovernance and the overall development of the ICT sector.
This presents a huge opportunity for the above states to leverage IoT to its fullest potential. Gartner estimates
that, globally, the total revenue generated by the IoT industry will be 300 billion USD, while connected devices
will be worth 27 billion USD by 2020. It has been assumed that India will have a 56% share of the global IoT
industry. Considering current share of the Eastern Region
According to technology research
states in the countrys IT and ITeS revenue we can aim at
firm, Gartner, 4.9 billion connected
objects will be in use in 2015 (a 30%
potential revenue in the range of 750900 million USD to be
jump from 2014). This figure is
tapped from the eastern region.
estimated to reach 25 billion by 2020,
which means that there will be twice
as many IoT devices talking to each
other as there will be smartphones,
tablets and PCs.
CII PwC
ICT East 4
ICT East 4
Incubation of ideas:
With the sky being the limit for IoT, innovation is the key. Incubation of these innovative ideas will play an
important role in tackling specific challenges for IoT relating to deployment, technological and business
model validation and acceptability. In this regard, state-of-the-art labs or CoEs are critical for the
development of IoT solutions and products. They can act as incubation centres for innovative ideas on IoT
products or solutions. In line with the initiative of the central government, the state governments can set up
CoEs for digital technologies like cloud computing, mobility, big data analytics, sensors and IoT.
Foster collaboration:
It is important for the government to collaborate with academic bodies and private companies in incubating
and developing solutions or products in the IoT space. Private players can be encouraged to form
technology CoEs with suitable incentives. The government also needs to encourage private participation in
vocational training centres for IoT.
5 CII PwC
ICT East 5
5 CII PwC
Europe
19%
18%
North America
24%
92%
Asia
22%
23%
Africa
Latin America
Source: PwC, 6th Global Digital IQ Survey
CII PwC
ICT East 6
ICT East 6
Consumer electronics
Remote monitor and
control interoperability between
devices, TVs, e-readers
Security
Alarm system monitoring,
video surveillance,
facility management
Agriculture
Water resources management,
weather information
IoT
industry
solutions
Manufacturing
Customised solutions in asset management,
smart sensors, data collection
Retail
ATM machines, cash replacement,
paper availability, card payment, account balances
Healthcare
Remote patient monitoring with smartphone,
smart body sensors
The benefits of IoT are summarised based on PwCs 6th Global Digital IQ Survey results, where
25% of the Top Performers indicated they are investing in sensors, up from 18% last year. Further,
54% said they will invest more in sensors this year.
7 CII PwC
ICT East 7
7 CII PwC
Investment
33%
32%
Automotive
31%
Industrial
manufacturing
25%
Hospitality
22%
Healthcare
20%
Retail
20%
Entertainment
18%
Technology
17%
Financial services
13%
7 CII PwC
ICT East 8
ICT East 8
www.techcrunch.com
9 CII PwC
Industrial manufacturing
According to Gartner, the market share of the global industrial manufacturing sector for IoT is around 15%.
Considering our previous assumptions, this equates to an IoT market size of approximately 112 million USD for
the industrial manufacturing sector in the eastern region of India.
IoT promises huge potential for the industrial manufacturing sector in terms of improving operational
efficiency, automating and optimising tasks across distributed manufacturing units or plants and enabling realtime tracking of assets.
ICT East 10
11 CII PwC
ICT East 11
11 CII PwC
Healthcare
Gartner predicts a market share of around 15% for the healthcare sector globally, which suggests an
approximate IoT market size of 112 million USD for this sector for the eastern region of India.
Connected smart devices are improving access to healthcare and are enabling remote monitoring of chronic
diseases and age-related conditions. In doing so, the connected devices will improve the quality of care, reduce
response time, prioritise interventions, reduce clinic visits and cut costs.
Key use cases for healthcare companies include the following:
13 CII PwC
ICT East 12
ICT East 12
mHealth
Mobile applications connected to healthcare information systems can enable physicians and doctors to
check patient records, update the same and recommend corrective actions anywhere and anytime using
their mobile devices. Mobile applications will also enable consumers to easily access information, set up
appointments, etc., on the fly, thus improving customer satisfaction.
As is evident from the highlighted use cases key benefits for the
healthcare industry include the following:
13 CII PwC
ICT East 13
13 CII PwC
Retail
The retail sector has similar potential in terms of revenue as the industrial manufacturing and
healthcare sectors.
15 CII PwC
ICT East 14
ICT East 14
Streamlining of inventory
One major pain point for retailers is inventory management be it in-store or in the warehouse.
Traditionally, there has always been a disconnect between the two. This situation is further exacerbated by
a lack of synchronisation between on-self availability of a product and what is being shown in the POS
system. IoT can address this challenge through use of smart shelves, sensors, beacons and RFID chips,
which can be integrated with an IoT solution that will continuously monitor inventory data on a real-time
basis and update relevant POS systems or automatically place an order for inventory replenishment.
Fraud reduction
One major challenge facing retailers is shrinkage and fraud, primarily from in-store employees or
shoplifters. IoT can provide an additional layer of security as opposed to relying merely on system data
regarding the sale of an item. Sensor-based smart shelves, source-tagged stock keeping units (SKUs),
sophisticated cameras, etc., can be deployed to track such frauds or thefts within a store from a remote
location and take corrective actions.
15 CII PwC
ICT East 15
15 CII PwC
2.
3.
4.
5.
17 CII PwC
ICT East 16
ICT East 16
CII PwC
17 CII PwC
ICT East 17
17 CII PwC
Conclusion
Inspite of receiving a push from the central government,
IoT is yet to create a considerable buzz in the country.
This is evident from the fact that the mainstream media
is just warming up to the concept and the vendor activity
is somewhat subdued. However, companies in India have
started displaying interest in IoT primarily because of its
business transformation potential.
18
About PwC
PwC helps organisations and individuals create the value theyre looking for. Were a network of firms in 157 countries
with more than 184,000 people who are committed to delivering quality in Assurance, Tax and Advisory services.
Tell us what matters to you and find out more by visiting us at www.pwc.com.
In India, PwC has offices in these cities: Ahmedabad, Bangalore, Chennai, Delhi NCR, Hyderabad, Kolkata,
Mumbai and Pune. For more information about PwC Indias service offerings, visit www.pwc.in
PwC refers to the PwC network and / or one or more of its member firms, each of which is a separate legal entity.
Please see www.pwc.com/structure for further details.
You can connect with us on:
facebook.com/PwCIndia
twitter.com/PwC_IN
linkedin.com/company/pwc
indiayoutube.com/pwc
Contacts
To have a deeper discussion around digital technologies and how it can benefit your enterprise, please contact:
Arnab Basu
Dipankar Chakrabarti
Digital Leader
PwC India
+91 33 4404 4290
Email: arnab.basu@in.pwc.com
Executive Director
PwC India
+91 33 4404 4592
Email: dipankar.chakrabarti@in.pwc.com
Ashootosh Chand
Ritesh Pal
Executive Director
PwC India
+91 80 40794024
Email: ashootosh.chand@in.pwc.com
Manager
PwC India
+91 33 4404 3204
Email: ritesh.pal@in.pwc.com
This publication contains certain examples extracted from third party documentation and so being out of context from the
original third party documents; readers should bear this in mind when reading the publication. The copyright in such third
party material remains owned by the third parties concerned, and PwC expresses its appreciation to these companies for
having allowed it to include their information in this publication. For a more comprehensive view on each companys
communication, please read the entire document from which the extracts have been taken. Please note that the inclusion
of a company in this publication does not imply any endorsement of that company by PwC nor any verification of the
accuracy of the information contained in any of the examples.
2015 PricewaterhouseCoopers Private Limited. All rights reserved. In this document, PwC refers to
PricewaterhouseCoopers Private Limited (a limited liability company in India) an India member firm and may sometimes
refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for
further details.
About CII
The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the
development of India, partnering industry, Government, and civil society, through advisory and consultative
processes.
CII is a non-government, not-for-profit, industry-led and industry-managed organization, playing a proactive role
in India's development process. Founded in 1895, India's premier business association has over 7400
members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of
over 100,000 enterprises from around 250 national and regional sectoral industry bodies.
CII charts change by working closely with Government on policy issues, interfacing with thought leaders, and
enhancing efficiency, competitiveness and business opportunities for industry through a range of specialized
services and strategic global linkages. It also provides a platform for consensus-building and networking on key
issues.
Extending its agenda beyond business, CII assists industry to identify and execute corporate citizenship
programmes. Partnerships with civil society organizations carry forward corporate initiatives for integrated and
inclusive development across diverse domains including affirmative action, healthcare, education, livelihood,
diversity management, skill development, empowerment of women, and water, to name a few.
th
In its 120 year of service to the nation, the CII theme of Build India Invest in Development, A Shared
Responsibility, reiterates Industrys role and responsibility as a partner in national development. The focus is
on four key enablers: Facilitating Growth and Competitiveness, Promoting Infrastructure Investments,
Developing Human Capital, and Encouraging Social Development.
With 64 offices, including 9 Centres of Excellence, in India, and 7 overseas offices in Australia, China, Egypt,
France, Singapore, UK, and USA, as well as institutional partnerships with 300 counterpart organizations in 106
countries, CII serves as a reference point for Indian industry and the international business community.
Confederation of Indian Industry
Headquarters
The Mantosh Sondhi Centre
23, Institutional Area, Lodi Road, New Delhi 110 003 (India)
T: 91 11 45771000 / 24629994-7; F: 91 11 24626149
E: info@cii.in W: www.cii.in
Eastern Region Headquarters
6, Netaji Subhas Road
Kolkata 700001
T: 03322307727/28; F:033 2230 1721/2231 2700
E: ciier@cii.in
This publication contains certain examples extracted from third party documentation and so being out of context from the
original third party documents; readers should bear this in mind when reading the publication. The copyright in such third
------- Follow
onexpresses
-------- its appreciation to these companies for
party material remains owned by the third parties concerned,
and us
PwC
having allowed it to include their information in this publication. For a more comprehensive view on each companys
communication, please read the entire document from which the extracts have been taken. Please note that the inclusion
of a company in this publication does not imply any endorsement of that company by PwC nor any verification of the
accuracy of the information contained in any of the examples.
2015 PricewaterhouseCoopers Private Limited. All rights reserved. In this document, PwC refers to
PricewaterhouseCoopers Private Limited (a limited liability company in India) an India member firm and may sometimes
refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for
further details.