With the internet of things taking big strides across the globe, India eyes not to be far behind with opening of its first Center of Excellence for IoT today. The IoT Center of Excellence will be inaugurated today at Bangalore by IT minister Ravi Shankar Prasad.
The Centre of Excellence for IoT was announced by the Prime Minister Narendra Modi in July 2015 as a part of Digital India Initiative to jump start the IOT ecosystem taking advantage of India’s IT strengths and help country attain a leadership role in the convergent area of hardware and software. The main objective of the center is to create innovative applications and domain capability. Additionally the center will help in building industry capable talent, start-up community and an enterpreneurial ecosystem for IOT.
The CoE, in the initial phase, will work around 7 key areas – precision agriculture, healthcare, manufacturing, automobile, energy, water and smart, which encompasses everything smart including smart cities, smart metering, light etc.
The IoT Center of Excellence will be based out of Bangalore and would provide facilities like incubation, prototype development, system integration and testing, indigenous technology and solutions; technology research and standardization; and skill development and employment to its users.
Besides, the center of excellence for IoT will also offer co-location space to startups in case they do not have their own office set up. It will also facilitate funding for the deserving startups at various stages. The CoE is in talks with multiple VCs and investors regarding the same.
The IoT Center of Excellence is a combined initiative of Department of Electronics & IT, ERNET India and NASSCOM – is expected to promote an IoT ecosystem, which is vibrant & at the same time innovative, which will help our country attain a leadership role in this field.