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Jun 2018 - IDC Perspective - Doc # AP43968618

Connected Ecosystem Players in India

By: Sampath Kumar VenkataswamyResearch Manager

Abstract

According IDC, by 2019, 40% of A1000 companies will be using data from digital twins of internet of things (IoT) connected products and assets to improve product innovation success rates and organizational productivity, achieving gains of up to 30%. Companies have placed IoT at the center of their long-term growth strategy and are increasing investments around infrastructure and process reengineering.

"To be future-ready, organization have been actively looking at partners with substantial presence in deploying IoT applications around shop floor operations, which can help them in driving their respective strategies that hinge on real-time data visibility and operational transparency," says Sampath Kumar Venkataswamy, research manager, IDC Manufacturing Insights.


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