IoT Beyond the Obvious

NASSCOM-PwC report titled IoT Beyond the Obvious discusses how a confluence of new-age technologies such as Augmented Reality/Virtual Reality (AR/VR), Drones, Artificial Intelligence (AI) and Machine Learning (ML) can be leveraged to create use cases that go beyond the obvious ones.

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Key Findings

30 billion connected devices by 2020 ; economic value of IoT would be ~USD 1.46 trillion
73% of respondents have already deployed IoT solutions or plan to do so in near future - IoT Decision Maker Survey

Economic and social value created by IoT due to emerging technologies such as AR/VR, Drones, AI and ML
Comparison of triggering events and associated actions for IoT vs. triggering events and associated actions for IoT BoT

Leveraging AR to control billboard revenue leakage
For public infrastructure assessment
For combating vector-borne diseases
In government departments such as Tourism, Education and Logistics & Transportation

Threats pertaining to cyber security and lack of standardized communication protocols need to be addressed
IoT BtO implementation is a tightrope walk; organizations have to strike a balance between blue-sky thinking and excessive optimism

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