Bengaluru: IoTNext 2016, a marquee IoT event, witnesses the announcement of MoU between India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian ESDM industry, and The Indus Entrepreneurs (TiE) for opening the Center of Excellence (CoE) in Bengaluru.
The event witnessed participation from well-known industry experts such as Lt. Gen. (Dr) SP Kochhar, AVSM, SM,VSM (Retd) CEO, TSSC, Naganand Doraswamy, President, TiE Bangalore and K Krishna Moorthy, Corporate Vice President & Managing Director, India Design Center Rambus Chip Technologies India. Following the announcement, the event unveiled ‘IoT Startup Directory’, a compilation of 500 national startups working in the field of IoT. Also, the IoT forum joins hands with HAX Accelerator, world’s largest & top hardware & IoT accelerator to make successful System & IoT startups from India.
“I strongly believe that IoT is not a vertical or a segment where any country or any region has taken a leadership yet. It was highly disintegrated when it started 5 years or 7 years back but I think that phase is now over and we are seeing the green shoots of real solutions which are deployable & tactical. And in this context, IoT itself becomes very relevant for India, we can be the frontrunner as we have the strength of both hardware and software interplay,” says Krishna.
The collaboration between TSSC, IESA and TiE, intends to proffer a platform to skill, develop and train blue collared workers in the field of IoT. By empowering the group to focus on gaining competency using some of the best practices, the institution will help in creating job opportunities for them as the industry shifts towards automation.
IoTNext has mentored around 16 startups since its inception, amongst which Cardiac Design Labs won Google LaunchPad Award with proven success of the mentored startups to work with them to turn their dreams to reality.
Speaking on the event, M N Vidyashankar, President, IESA asserts, “It is our great pleasure to bring forth IoTNext again this year. As an industry body, it is our responsibility to create a platform to share disruptive ideas and catapult them into reality. With the support of some of the biggest global innovators such as IBM, Intel and General Electric, we have been able to bring together some of the brightest minds in the industry to share their insights. The MoU signed today with TSSC ensures that blue collared workers will be able to adopt to the benefits of IoT instead of being left behind. The Centre of Excellence will have skill training specially curated for this task force so that they can develop their knowledge further and become industry ready”.