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Connecting the Un-connected

Anamika Sahu
Monday, February 13, 2017
Anamika Sahu
India has leapfrogged the technology era in the past few years like no other country. Being one of the fastest moving countries turning towards technology adoption, India has seen new dawn since the country elected its bold Prime Minister Narendra Modi who believes in walking hand-in-hand with technology to create a transparent ecosystem for all. Under his vision, India will witness its first 100 smart cities that will change the way we live. Align this with Digital India and Start Up India, Stand Up India initiatives, this intrepid move have pushed the growing need of IoT.

In the recent times, we have witnessed several companies creating a niche for themselves in the domain. Leveraging their technology expertise, these companies have built IoT solutions for varied range of industries to connect the unconnected via Internet. But when one hears the term IoT, the first picture that flashes in our mind is that of connected cars, smart homes, smart cities, and smart phones. But with time, IoT has moved beyond the normal and now is entitling solutions for healthcare, energy & utility, logistics, automation, banking and several other sectors. This huge market demand will lead the IoT market to grow at a CAGR of 33.3 percent from 2016 to 2021 to account for $661.74 billion by 2021, predicts MarketsandMarkets. In a bid to move towards affordable, accessible and quality services to their customers, companies across industries are leveraging IoT in combination with cloud computing and big data to create lucrative opportunities for themselves.

This surge in demand is attracting huge number of players into the IoT arena. But being a tech-critical area, it is not a game for anyone and everyone. The industry needs masters who can lead the path for other firms to follow and build critical yet simple solutions for their customers, but with the sole intend to add value to the end consumers. In our current edition, we feature '20 Most Promising IoT Solution Providers' who are already on the path to revolutionize the industry with their cutting-edge technologies.

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