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SAP and Vodafone will boost industrial IoT adoption in India

Vodafone today has over 66 million IoT connections and has been recognised by Gartner as ‘Leader' in its "Magic Quadrant for Managed M2M Services"

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To accelerate the adoption of industrial Internet of Things (IoT) in India, Vodafone and enterprise solutions provider SAP on Thursday announced a strategic partnership to develop comprehensive communications solutions for the enterprises in India.

The businesses will now leverage both SAP “Leonardo” and Vodafone’s “IoT-Managed Connectivity Platform”.

Vodafone is one of the largest companies in IoT sector.

“The offerings provided by Vodafone Business Services are truly complementary to the SAP Leonardo portfolio – our enterprise-grade offering for digital innovation,” Neeraj Athalye, Head-Innovation & Digital Strategy Group, SAP Indian Subcontinent, said in a statement.

“SAP Leonardo” is a digital innovation system that brings together machine learning, IoT, Blockchain, analytics and Big Data on the SAP Cloud Platform using design thinking services.

“We aim to equip our customers with end-to-end solutions that will shift business value from ‘things to outcomes,'” he added. The partnership will help enhance digital adoption by enterprises by providing solutions that leverage the latest in technologies including Cloud, Analytics and IoT.

Also Read: Want To Know What Facebook, Google Know About You?

Vodafone and Germany-headquartered SAP will offer a host of innovative packages comprising connectivity solutions, business application software, end-to-end device management and support services. “Working in collaboration with SAP, we offer an end to end partnership across IOT and analytics which enables meaningful insight and focused outcomes,” added Nick Gliddon, Director-Vodafone, Enterprise Business.

Vodafone today has over 66 million IoT connections and has been recognised by Gartner as ‘Leader’ in its “Magic Quadrant for Managed M2M Services” for the fourth consecutive year. SAP applications and services enable more than 378,000 business and public sector customers. IANS

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Big reforms made India fastest growing major economies globally: Garg

It also has enormous implications for emerging markets and developing countries

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The RBI building in Mumbai. Photo credit: AFP/Sajjad Hussain

The major reforms undertaken by the Indian government for raising economic growth and maintaining macroeconomic stability have made the country one of the fastest growing major economies in the world, said Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA).

Garg was addressing the Special Event hosted by US-India Strategic Partnership Forum on ‘Indian Economy: Prospect and Challenges’ in Washington D.C on Friday.

Indian economy needs big reform.

He said the launch of the Goods and Services Tax (GST) represented an “historic economic and political achievement, unprecedented in Indian tax and economic reforms, which has rekindled optimism on structural reforms.” He further emphasized that India carried-out such major reforms when the global economy was slow.

“With the cyclical recovery in global growth amid supportive monetary conditions and the transient impact of the major structural reforms over, India will continue to perform robustly,” Garg said.

During his meetings, Garg highlighted that the digital age technologies have profound implications for policies concerning every aspects of the economy. It also has enormous implications for emerging markets and developing countries.

Also Read: Biggest Bank Frauds Which Shook The Indian Economy

He expressed that the response to such a transformation will have to shift from ‘catch up’ growth to adoption/adaption of digital technologies for development and growth.

Garg also informed that India has started adopting policies and programmes for transforming systems of delivery of services using digital technologies and connecting every Indian with digital technologies and access through Aadhaar and other such means.

Indian economy should be on rise. www.mapsofindia.com

While citing the example of expanding mobile data access, he mentioned that India is now the largest consumer of mobile data in the world with 11 gigabytes mobile data consumption per month. He informed that India is investing in digital technologies, encouraging private sector to adapt these technologies and also addressing the taxation related issues by introducing equalisation levy.

Garg is currently on an official tour to Washington D.C. to attend the Spring Meetings of the International Monetary Fund and the World Bank and other associated meetings. He is accompanied by Urjit Patel, Governor, Reserve Bank of India and other senior officials. IANS

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