About 20 per cent of the white-collar workforce in India will access enterprise data on personal devices by 2017, according to a study by Gartner. By 2020, at least two-thirds of large Indian enterprises will have established an Internet of Things (IoT) centre 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 per cent of Indian organisations will have adopted public cloud services for mission and business-critical workloads, up from under 2 per cent in 2014.
India is experiencing increased activity surrounding the digitalisation of businesses at home and across markets worldwide, resulting in the spawning of start-up 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 IoT technologies on their core business.”
Increased domestic demand, availability of highly skilled human capital and favourable government policies are spurring growth of start-ups in India. The successful start-ups 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.