By Mr. Ryan Goh, Vice President of Sales, APAC, Zebra Technologies
Year 2014 laid the foundation for the rapid change in technology and visions for India by the government – in particular the Digital India, Make in India and the Smart Cities campaigns. Technological advances that connect the digital world will make 2015 the year of integrated intelligence. Some top technology trends we foresee in India is the exponential growth in real time data monitoring from connected devices.
A global study by Forrester Consulting revealed that senior IT decision makers inside key industries believe that the IoT is transformational – a belief more apparent across India and Asia Pacific than in any other region in the world! The survey reveals that firms in India show a particularly high rate of adoption, with more than 88 percent expected to have implemented IOT solutions with another expected to deploy within a year. New cities, buildings, and infrastructure in India have enabled this strong adoption rate. In short, Indian enterprises believe that IoT will change the way their businesses around the globe are managed, while empowering their enterprises with the needed intelligence about their internal operations so they can improve business processes and better serve customers.
Here are the top three technology trends that we can expect to see developing over the next year to drive enterprise asset intelligence, innovation and influence decision-making around IT investments in India:
Trend # 1: The internet of things (IoT)
The Indian government is definitely seeing the importance of this trend and the Department of Electronics and Information Technology (DEITY) have recently released the first policy draft on Internet of Things (IoT). The policy framework has been developed as a part of the broader ‘Digital India’ vision shared by the Modi government. Budget of Rs 1 lakh crore has been approved to implement all the future plans under this vision. As per this policy document, the government envisions to create a market worth $15 billion (Rs 90,000 crore) by 2020 in next six years.
With such massive government support, India will start witnessing analytics implementations which will make use of data generated from standalone machines, applications, sensors, individuals etc. Indian enterprises in response to rising pressure will incorporate more intelligent functionality into devices, to enhance relationships, empower processes, optimize costs and mitigate risks in their business processes.
Trend # 2: The connected mobile workforce
Mobile technology and smartphone apps will continue to have a positive impact on our professional and personal lives. As an increasing number of workers become less confined to a physical work space, enterprises will adopt tools to allow them to use cloud-based applications fed with real-time information about assets in their environment.
According to the same Forrester global study, Indian companies ranked Security Sensors location tracking as the most important element of IoT solutions, followed by Grid Sensors and Condition Sensors. Improved customer experience identified as top business benefit IoT can help achieve, followed by improved delivery process, improved safety, Improved forecast accuracy and improved regulatory compliance. The growing mobile workforce will be able to access key information in real time so that they and their customers can gain greater visibility into their extended value chains to improve critical business processes.
Trend # 3: The adoption of Cloud technology
The evolution of cloud technology is another major trend that has permeated the market over the last couple of years, impacting every aspect of IT and how users access applications, information and business services. With the growth of smart phone based cloud applications especially, the demand for rugged-connected devices will continue to expand.
Of firms surveyed globally by Forrester, 83 percent identify Wi-Fi infrastructure and real-time location tracking technologies as important or very important building blocks of IoT solutions.
As the adoption everyday objects connected to the Internet becomes ubiquitous, and workers’ demand for real time intelligence about all of their critical assets increases, enterprises will turn to cloud-based platform software that provides integrated visibility and connectivity solutions to make their processes more efficient, and work more effective
The pure amount of information that connected devices can collect and transfer into useful business information is amazing.Indian firms in the Forrester survey listed Implementation complexity, IT Governance, Integration challenges, total cost concerns, and private and security concerns as the top 5 hurdles expected when implementing IOT solutions. However, government initiatives taken to build capacity in IoT specific skill-sets and for the development of IoT products in the spheres of “agriculture, health, water quality, natural disasters, transportation, security, automobile, supply chain management, smart cities, automated metering and monitoring of utilities, waste management, oil & gas” IoT will make change the way business and governance are conducted in India.
With close to 8 million small and medium enterprises in India, there is huge opportunity for the solution provider to harness the key benefits from the deployment of IoT technologies, such as reduced up front investments, faster time to market, reduced implementation cycles, predictable IT expenditures and the ability to eliminate IT distractions which permits a greater focus on core competencies.