siliconindia | | December 201919AND THE INTERNET OF THINGS TO DRIVE SMART TECHNOLOGIES MARRYING By Anku Jain, Managing Director, MediaTek Indiaechnology is getting smarter by the day, fast be-coming an intrinsic part of our daily lives. From the moment we wake up, it is watching and ana-lyzing us, thinking ahead of us, predicting behav-ior and patterns to make our lives easier, healthier and better.Cutting-edge technologies like IoT and AI are seeing widespread acceptance globally. According to IDC, India is only behind China and South Korea in terms of IoT spend-ing in the region, with about USD 21 billion spent this year. According to industry estimates, the region is expected to become the global leader in IoT spending, accounting for about 36 percent of the worldwide total. The massive po-tential of IoT to drive revolutionary modernization in in-dustries across telecom, utilities, logistics, manufacturing, and transportation is the key reason for this wide-spread enthusiasm. IoT is transforming operations and best practices, en-abling companies to specifically target the desired out-comes of the end customer. Amongst the large number of connected devices that we use today, a majority of them are powered by IoT. Technology companies, including ours, are focused on creating new platforms and chipsets to pow-er this next generation of devices in India. The convergence CXO INSIGHTSTMediaTek is a global fabless semiconductor company that enables more than 1.5 billion consumer products a year. We are a market leader in developing tightly-integrated, power-efficient systems-on-chip (SoC) for mobile devices, home entertainment, network and connectivity, automated driving, and IoT.
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