By 2017, 20 percent of the white-collar workforce in India will access enterprise data (beyond email and calendar) on personal devices, according to Gartner Inc. By 2020, at least two-thirds of large Indian enterprises will have established an Internet of Things (IoT) center of excellence to drive adoption of efficiency-centric technologies and applications.
By 2018, India will have at least five IoT startups with a billion-dollar valuation. By year-end 2017, almost 7 percent of Indian organizations will have adopted public cloud services for mission/ business-critical workloads, up from under 2 percent in 2014.
India is experiencing increased activity surrounding the digitalization of businesses at home and across markets worldwide, resulting in the spawning of startup firms focusing on digital business and the IoT.
“With the continued affordability of smartphones and growing acceptance of BYOD, more and more people are accessing corporate data through mobile devices, said Anshul Gupta, principal research analyst at Gartner. “Indian enterprises are at an early stage of understanding the impact of Internet of Things (IoT) technologies on their core business.”
Increased domestic demand, availability of highly skilled human capital and favorable government policies are spurring growth of startups in India. The successful startups will find themselves on a growth trajectory to achieve a billion-dollar valuation within the next five years. IT leaders in India planning a move to the cloud are concerned with security, data privacy, latency, connectivity and bandwidth costs