NASSCOM opens IoT center in Bengaluru

IoT investment
National Association of Software and Services Companies (NASSCOM) has launched Centre of Excellence – Internet of Things (CoE- IoT) in Bengaluru.

The CoE is a joint initiative between the Department of Electronics and Information Technology (DEITY), Education and Research Network (ERNET) and NASSCOM.

The CoE is supported by Accenture, CISCO, Cyient, EMC, Intel, HCL Technologies, Qualcomm, Tata Consultancy Services, L&T Technology Services, Robert Bosch and VM Ware as strategic partners.  Amazon Web Services, Digital Ocean, IBM, Microsoft have signed up as Infrastructure partner to the initiative.

Ajay Kumar, additional secretary, Department of Electronics and Information Technology, (DeitY), said, “IoT is one of the high growth potential areas in the IT sector. With the growing number of IoT based SMEs/Startups in the Indian market, it becomes imperative to create an enabling ecosystem to help evolve this space, empowering companies to build technologies that provide global solutions.”

The CoE laboratory along with the NASSCOM 10,000 Startups Warehouse has the capacity to incubate up to 40 start ups and can accommodate around 10 emerging companies per shift for prototype/ design and usage of lab facilities.

The CoE also provides a separate space for validation, verification and demonstration as well as concept labs for developing IoT solutions for application areas like Agriculture, Automobile, Telecom, Healthcare and Consumer IoT.

With a presence of over 120 IoT focused IT companies and an expected market opportunity of $15 billion by 2020, India is set to gain a prominent position in the global IoT market.

Multiple IoT based firms will be selected from over 250 entries to be incubated at the CoE, through a roadshow held across Coimbatore, Bangalore, Hyderabad, Ahmedabad and Mumbai. The first five companies out of the total entries are Wireless Controls, Uncanny Vision, LightMetrics, ThingsCloud and SAAR Microsystems.