Nasscom launches IoT centre of excellence in Bengaluru

Nasscom launches IoT centre of excellence in Bengaluru

Nasscom today launched its new centre of excellence for Internet of Things (IoT) at the Nasscom Startups Warehouse in Bengaluru. The centre is India’s first IoT-focused centre of excellence.

The new centre of excellence is a joint initiative between the Department of Electronics and Information Technology (DeitY), Education and Research Network (ERNET) and Nasscom. Additionally, it is supported by strategic partners such as Accenture, Cisco, Cyient, EMC, Intel, HCL Technologies, Qualcomm, Tata Consultancy Services, L&T Technology Services and VMware and infrastructure partners including Amazon Web Services, Digital Ocean, IBM and Microsoft.

On announcing the launch, Nasscom President R Chandrashekhar said, “This Centre of Excellence has been created to act as a catalyst for developing the IoT startup ecosystem of the country as well as an accelerator of IoT capabilities providing the concept and scale for industrial and societal needs.”

“The CoE will also function as an enabler of funding, accelerating, mentoring and enterprise for the key emerging IoT startups who have been selected for incubation, after a rigorous process,” he added.

The centre comes with a laboratory and joins the Nasscom 10,000 Startups Warehouse to incubate up to 40 startups in the country. It can accommodate around ten emerging companies per shift for prototype, design and usage lab facilities. Also, there is a separate space for validation, verification and demonstration in addition to concept labs for building new IoT solutions.

“IoT is one of the high-growth potential areas in the IT sector. With the growing number of IoT-based startups in the Indian market, it becomes imperative to create an enabling ecosystem to help evolve this space, empowering companies to build technologies that provide global solutions,” said Ajay Kumar, IAS, Additional Secretary, DietY.

Nasscom estimates that there would be a market opportunity of $15 billion by 2020 through the presence of over 120 IoT-focused IT companies in India. Thus, the need for the centre of excellence emerged in the local market.

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