IoT Ecosystem in IndiaPerspective from Business Incubator and Accelerator

05-Dec-2015Manjunatha Hebbar

IEEE Workshop on IoT UsecasesLEVERAGING USE CASES TO VALIDATE OPPORTUNITIES: INDIA AND ITS UNIQUE LANDSCAPE

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Contents

01 Internet of Things - Business Context

02 IoT Challenges in India - Global

03 IoT for India - Pain Points

04 Government’s Role

05 Academia, Govt., Industry Collaboration

06 IoT - Future Shifters

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Internet of Things is not a “Market” - but, a market(s) maker!

01

Every business will have to transform into a NETWORKED SERVICE BUSINESS!

02 In near future, every business will run on Internet of Things!

03

Large Lucrative problems!UnsolvedIoT presents opportunity to address

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Y2kfor Hardware?

SEASON

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Challenges

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IoT Challenges in India

Curators Consumers

SpeedScope

Skills

Scale

Creators

• Fundamental Questions of emerging economy, emerging technology and emerging opportunity

• Emerging Ecosystem with Equal Opportunity to Empower or Disrupt MULTIPLE, FUNDAMENTAL PRIORITIES

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Scale Scope

Speed

Skills

CuratorsCreators

Consumers

IoT Challenges in the world

EVERY COUNTRY, COMPANY & CONSUMER - IN SIMILAR BOATS?

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Expected Equilibrium in next 24 months

Scale

Scope

Speed

Creators Consumers

Curators

Skills

• Shorter time window of opportunity for all

• Fast adapting disruption at all levels

• Challenges to the conventional wisdom

• Service Mindset v/s Product / Solution Economies NOVELTY TO NECESSITY

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Pain Points

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Product (solution) realisation process Maturity

• Lack of Full Product Lifecycle Experience

• Asset Lite Approach

• Risk Aversion• Service Mindset

v/s Product / Solution Economies

01

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Evolving value network

02

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Maturing levers of acceleration

03

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Government’s Role

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Centrally Enabled, Locally Empowered IoT Policies, Provisions, Projects (SPV)

01

Collaboration across Industry bodies, Academia and Catalysts - national/global

02 Dedicated Incubation, Verification & Validation, Standardisation Initiatives

03

Govts are receptive, responsive and curious, butAccelerating implementation is the Key to success

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Academia, Govt, Industry Collaboration

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Highest level of Willingness to Cooperate and Collaborate

01

Exploratory approach to collaboration v/s resolution focused

02 Multiple, un-coordinated projects, initiatives and attempts to create value

03

Missing glue - Collaborative Projects of national/ social significance?

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Future>>Shifters

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We are on a mission to build a global OPEN, FREE,

SECURE, CROWDSOURCED Internet

of Things data network.

Power of crowd v/s depth of pockets!

01

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Corporate venturing: altering the core with organised disruption!

02

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03

OPEN social innovation

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Large Lucrative problems!UnsolvedIoT presents opportunity to address

Y2kfor Hardware?

SEASON

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