The 6th Annual IoT Innovation Conclave & Exhibition 2017 ended on a high note with 300+ participants being ecstatic about the future of IoT technology in India. According to the industry estimates, by 2020 the highest adoption of IoT in India will be seen in industries such as utilities, manufacturing, automotive & commercial telematics, transportation and logistics. In addition to this, the Government has pledged to invest USD 1 billion for 100 smart cities over the next five years will be a key enabler for IoT adoption. This provides a huge opportunity to IoT players in India but there is a big challenge in terms of offering India-centric solutions and understanding how to fuel the growth of IoT business in this market. IoT Innovation Conclave has been bringing together experts, leaders, innovators, and startups in IoT under one roof since last five years. This year’s event was a great success and included keynote speeches by CXOs of leading IoT technology players. The interactive format of the event allowed attendees to talk to the leaders on 1-to-1 basis.
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