By 2020, 50 billion devices will be connected via the Internet of Things (IoT) from just 15 billion devices today, according to a report by Cisco. The global IoT market is expected to grow to $1.7 trillion in 2020 from $655.8 billion at present.
Can we afford to ignore this big opportunity?
Worldwide, a number of IoT impact areas and sectors have already been identified and many will apply to India on a large scale, such as transport, wellness, healthcare, buildings, home, factories, agriculture, livestock, electric grids, water supply networks, and of course, individual consumers. Portals for managing this information and operating these services will be run by individuals, organisations and the industry.
Overall, IoT is a hardware, software and telecom play meant to collectively bring about improved productivity, risk management, real-time decision-making and new waves of innovation.
YourStory will be hosting the Startup Spotlight in Bengaluru to showcase IOT startups that have made a mark and created businesses that investors are willing to make big bets on. If you are interested in showcasing your startup at the Startup Spotlight, please apply here. You can register here to attend the event.
6.00pm – 6.30pm – Registration & networking
6.30pm – 6.45pm – Startup Spotlight – Startups to watch out from IoT (Startup Pitches)
7.30pm onwards – Networking & closing
When – Tuesday, Feb 16th, 2016, 6.00pm – 8.00pm
Where – Bengaluru
Venue – YourStory Media Pvt Ltd | 229, 2nd Floor, 7th Cross | Indiranagar 1st Stage, CMH Road | Bangalore – 560038