The Internet of Things: The Indian Case Sean Peters & John Sablan

Introduction

China v. India: Economic Development  In order to better understand the economic development of India, it is worthwhile to compare it to its regional neighbor, China.  Both nations have over 1 billion citizens making up 2/7 of the world population.  They boast two of the fastest growing economies in the world.  The Chinese economy is growing at an average rate of 10 % per year.  The Indian economy is expanding at an average of 7.5 % per year.

China v. India: Economic Development  China began its economic reforms in 1979 under Den Xia Peng.  The economic liberalization under the leadership of Narasihma Rao started in  As a result overall investment increased from $ 132 million in FY 1991 to $ 5.3 million in FY  I = C – 12

China v. India: Economic Development  China wasted no time in taking control of its financial development and has established a comparative advantage in manufacturing.  Manufacturing makes up 47% of the Chinese economy while India only devotes 28% of its business to this industry.  The reason behind this stark difference lies in:  The infrastructural investment by the Chinese government  The ease of policy implementation  Overall experience in delivering manufactured goods.

India’s IT Industry  The IT sector has played a crucial role in India’s economic development.  It is projected that by the year 2020, this sector will become a $225 billion dollar industry.  Due to their competency in the area, it has become the preferred destination for companies to outsource their IT and back-office functions.  As a result, firms like TCS, Infosys and Wipro are developing ways to capture a greater market share.

India’s IT Industry  The Information Technology segment has been one of the largest employers of the country.  An estimated 30 million professionals are employed by these SME’s in the various technological hubs.

Infrastructural Issues  Despite the potential for continued growth, India’s lack of a modern infrastructure to support its economy has hampered its growth.  Standard and Poor’s rating services estimate that, unhampered, the country will experience an economic growth rate of 9-9.5%.

Infrastructural Issues  India’s “Silicon Valley” has no mass transit available to transport its workforce.  Infosys shells out $5 million a year to bring its 18,000 employees to and from work.  “India has underinvested in infrastructure for over years, and we’re behind what we need by 10 to 12 years” – Mohandas Pai, Director of Human Resources.

Infrastructural Issues  The lack of power has presented itself as a roadblock in the IT sectors path.  In many cities, IT companies lose power once a week to relieve pressure on the grid.  Time and valuable funds have been redirected to combat these issues.

Infrastructural Issues  In order to combat the problems with the Indian infrastructure, the government has planned to develop over $1 trillion to bolster the transportation and power generation.  The government has also handed off many of its responsibilities to private firms for a more efficient development of the infrastructure.  Bangalore’s Bengaluru International Airport.

India and Innovation  The need for Change…  “ million square feet of office space will be constructed…”  Potential for continued economic growth  Innovation in IT Infrastructure  Cisco Connected Real Estate Solutions

Cisco Connected Real Estate

 Redefining the word “Smart”  Integration of information, building, and physical security  Cisco IP Network  “Network as the Foundation”  Services  Centralization of services lead to streamlining and cost reduction.

Cost Reduction & Green Initiative

Indian Economical Impact  IT service industry plays a key role in India’s economic growth, accounting for 56% of GDP  Efficiently built infrastructure and work environment will lead to economic growth from cost reduction and greater productivity

Closing Thoughts  India’s unique political, and economical decisions have led it to adopt the role of the world’s leading IT-Service provider.  Cutting-edge technologies like Cisco’s Connected Real Estate, demonstrate the countries competency in providing IT services to the rest of the world.  The Prosperity of India’s economy is heavily dependent on its ability to address its pressing issues.

Closing Thoughts  India’s unique political, and economical decisions have led it to adopt the role of the world’s leading IT-Service provider.  It is clear that India has taken quite a unique route its economic advancement relative to its neighbors.  The Information Technologies industry has provided India with the catalyst to become a major player in the global market.  The Prosperity of India’s economy is heavily dependent on its ability to address its pressing issues.

Closing Thoughts  Cutting-edge technologies like Cisco’s Connected Real Estate, demonstrate the countries competency in providing IT services to the rest of the world.

Thanks for Your Time

Work Sited  Cisco Picture: Uu3KalVTM:&imgrefurl= urbanisation/&docid=oyxpfi2y9TcT1M&imgurl= urb.jpg&w=729&h=484&ei=leaQT- 7vJ4Tg2QXTyKD4BA&zoom=1&iact=hc&vpx=1028&vpy=141&dur=5388&hovh=182&hovw=276&tx=124&ty=1 04&sig= &sqi=2&page=1&tbnh=116&tbnw=162&start=0&ndsp=45&ved=1t:429,r:5,s:0,i:78 Uu3KalVTM:&imgrefurl= urbanisation/&docid=oyxpfi2y9TcT1M&imgurl= urb.jpg&w=729&h=484&ei=leaQT- 7vJ4Tg2QXTyKD4BA&zoom=1&iact=hc&vpx=1028&vpy=141&dur=5388&hovh=182&hovw=276&tx=124&ty=1 04&sig= &sqi=2&page=1&tbnh=116&tbnw=162&start=0&ndsp=45&ved=1t:429,r:5,s:0,i:78