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India Lagging Far Behind China in IIoT Adoption

However, it is not just the manufacturing sector that IIoT could change

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The Chinese flag is seen near the Google sign at the Google china headquarters in Beijing, China. VOA

By Gokul Bhagabati

Internet of Things (IIoT) could be a game changer for India, but the country is lagging far behind China in its adoption, a top Accenture official has said.

According to the consultancy giant, IIoT refers to a universe of intelligent products, processes and services that communicate with each other and with people over the Internet and promises to be the most transformative industrial revolution yet for manufacturers.

While countries like Germany, France and China have made significant progress in terms of IIoT adoption, India has not yet moved much ahead in its IIoT journey, according to Saurabh Bhatnagar, Managing Director – Manufacturing, Accenture Strategy.

“In terms of IIoT adoption, in a scale of 10, if China would score 7, India’s would be about 3.5,” Bhatnagar told IANS, adding that according to an estimate, IIoT could be adding $14.2 trillion to the global economy by 2030.

“Indian manufacturers have been struggling to achieve globally competitive scale and productivity. While the industrial sector in India grew at a rate of six per cent annually since 2011 to more than $700 billion in 2016, the value addition per employee continued to be one of the lowest in the world, at only $6,000,” he added.

Having the right infrastructure which includes high-speed Internet connectivity and skilled workers to capture data and capability to analyse that data with Machine Learning is key to IIoT adoption, the benefits of which are many.

For example, IIoT can help predict machine breakdown and help businesses take informed decisions, while also increasing operational efficiency through automation and enhanced worker productivity.

“A connected factory can yield a 5-12.5 per cent cost reduction in operations optimisation, 10-40 per cent cost savings in predictive maintenance and 20- 50 per cent cost reduction in inventory optimisation,” Bhatnagar said.

US clothing brand Gap has apologised for selling T-shirts which it said showed an "incorrect map" of China.
Accurate Map of China. Pixabay

At the same time, increased efficiency and productivity threaten reductions in the rate of job creation. However, Bhatnagar believes that widespread deployment of IIoT might make some jobs redundant, while the overall economic growth brought about by its adoption would also create new jobs.

“IIoT is a combination of various intelligent technologies, and its adoption will help improve employee productivity and outcomes. In some cases, machine will automate tasks that humans have been doing, but in most instances, they will augment human capabilities,” he said.

“With machines taking over low value, repetitive tasks, some jobs will become redundant, but new jobs will also be created that leverage human skills. The overall economic growth will also create new jobs. It is crucial that people are skilled to realise these new opportunities,” Bhatnagar said, adding that there needs to be a significant shift in the way engineering education is imparted in the country.

While China also has a “conflict of interest” in terms of IIoT adoption because of its large population, the country is focusing on driving economic growth to create more jobs, he said.

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However, it is not just the manufacturing sector that IIoT could change.

“IoT could improve productivity and competitiveness of Indian businesses across sectors including manufacturing, finance, banking and media,” Bhatnagar said.

“There needs to be more awareness around IIoT. More emphasis needs to be on infrastructure. The speed at which organisations are embracing, embarking, absorbing and internalizing can be much faster. There is also the mindset hindrance for many organisations,” he added. (IANS)

Next Story

Google Partners Social Alpha to Support Social Impact Start-ups in India

Google Developers Launchpad is a branch of Google that operates a global acceleration programme which helps start-ups around the world to grow

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FILE - A woman walks past the logo for Google at the China International Import Expo in Shanghai, Nov. 5, 2018. VOA

Tata Trusts’ initiative Social Alpha said on Tuesday it has entered into a partnership with Google Developers Launchpad to support social impact start-ups in Indias growing start-up ecosystem.

The partnership – Social Alpha Powered by Google Developers Launchpad – is designed to help start-ups gain access to resources including expert mentors, tools, and methodologies for building businesses that can drive meaningful impact on the technology ecosystem.

This initiative will enable Social Alpha to create learning programmes based on information and resources aggregated from a select group of the world’s top accelerators.

Social Alpha will also access Google’s global network, insights from the company’s Silicon Valley-based start-up programmes and Google’s research and best practices on building businesses, products, and teams.

“As we continue to build and grow the lab-to-market ecosystem for high impact innovations in India, our portfolio companies need access to world class technologies especially in the areas of data science and machine learning,” Manoj Kumar, Founder and CEO of Social Alpha, said in a statement.

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FILE – The Google logo is seen at a start-up campus in Paris, France, Feb. 15, 2018. VOA

“Our partnership with the Google Developers Launchpad program will address this gap, and help unlock the immense potential that resides in these start-ups,” Kumar said.

This partnership will focus on supporting start-ups that have the potential and / or are already incorporating Artificial Intelligence and Machine Learning Technologies in their work.

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“Google Developers Launchpad doesn’t take an equity stake in accelerator portfolio start-ups, but instead focuses on developing companies and their ecosystems over the long term,” said Kevin O’Toole, Google’s Head of International Growth for Launchpad.

Google Developers Launchpad is a branch of Google that operates a global acceleration programme which helps start-ups around the world to grow. (IANS)