NASSCOM LAUNCHES INDIA S FIRST IOT FOCUSED CENTRE OF EXCELLENCE IN BENGALURU

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1 NASSCOM LAUNCHES INDIA S FIRST IOT FOCUSED CENTRE OF EXCELLENCE IN BENGALURU Aimed at evangelizing the Indian IoT Market which is expected to reach USD 15 Billion by 2020 Bengaluru, July 7 th, 2016: National Association of Software and Services Companies (NASSCOM) today launched India s first Centre of Excellence - Internet of Things (CoE- IoT) at the NASSCOM Startups Warehouse in Bengaluru. The centre was inaugurated by Shri Ravi Shankar Prasad, Union Minister for Law, Government of India, in the presence of Shri Priyank Kharge, Minister for Information and Broadcast Technology, Govt. of Karnataka, along with Ms V Manjula, IAS, Principal Secretary, Department of Information Technology, Biotechnology, e-governance and Science & Technology, Govt. of Karnataka, Dr Ajay Kumar, IAS, Additional Secretary, Department of Electronics and Information Technology, (DeitY), Dr Neena Pahuja, Director General, Education and Research Network, (ERNET), Mr. R Chandrashekhar, President, NASSCOM, Mr. KS Vishwanathan, Vice President Industry Initiatives, NASSCOM. The CoE will focus on leveraging IT strengths and creating a new age industry with the support of IoT based ideas. Ms V Manjula, IAS, Principal Secretary, Department of Information Technology, Biotechnology, e-governance and Science & Technology, Govt. of Karnataka said, We recognise the scope for growth and development in the IoT space and are very pleased on partnering with NASSCOM and the private sector to launch the CoE in Karnataka. We have always strived to create a conducive ecosystem for IT companies in the state, with this initiative we hope to give start-ups an opportunity to innovate in the field of IoT and take the IT sector into newer and greater heights. NASSCOM s Key Findings on IoT: IoT Market growth of 28% from FY FY2016 Nearly 120 firms offering IoT solutions in India; around 60% IoT startups emerging post 2010 Indian IoT firms received around USD 60 mn funding in last 3 years Indian IoT market expected to be a USD 15 bn market by 2020; accounting for nearly 5% of global market The CoE is a joint initiative between the Department of Electronics and Information Technology (DEITY), Education and Research Network (ERNET) and NASSCOM. The CoE is also supported by Accenture, CISCO, Cyient, EMC, Intel, HCL Technologies, Qualcomm, Tata Consultancy Services, L&T Technology Services, Robert Bosch and VM Ware as Strategic partners. Amazon Web Services, Digital Ocean, IBM, Microsoft and Dell have signed up as Infrastructure partner to the initiative. Dr Ajay Kumar, IAS, Additional Secretary, Department of Electronics and Information Technology, (DeitY), said, IoT is one of the high growth potential areas in the IT sector. With the growing number of IoT based SMEs/Startups in the Indian market, it becomes imperative to create an enabling ecosystem to help evolve this space, empowering companies to build technologies that provide global solutions.

2 Dr Neena Pahuja, Director General, Education and Research Network, (ERNET) said, Paradigm shift from IT to IOT, together with smooth shift of data & utilities using different electronic hardware structured with analytics, is going to enable a smart integrated & networked world. Starting from streamlining Airlines operations, Smart Cities to Disaster Management, IoT can play a major role in this connected world. With the growing number of IoT based SMEs/Startups in the Indian market, it becomes imperative to create an enabling ecosystem to help evolve this space, empowering companies to build technologies that provide Indian and Global solutions. We are happy to partner with NASSCOM, which is bringing-in Industry to help democratize innovation, by creating Centre of Excellence (COE) for start-ups in PPP mode. The CoE laboratory along with the NASSCOM 10,000 Startups Warehouse has the capacity to incubate up to 40 start ups and can accommodate around 10 emerging companies per shift for prototype/ design and usage of lab facilities. The CoE also provides a separate space for validation, verification and demonstration as well as concept labs for developing IoT solutions for application areas like Agriculture, Automobile, Telecom, Healthcare and Consumer IoT. Expressing his thoughts on the launch of the CoE, Mr R Chandrashekhar, President, NASSCOM, stated, NASSCOM is pleased on launching the IoT Centre of Excellence, which takes forward our efforts towards establishing India as a global tech hub. This Centre of Excellence has been created to act as a catalyst for developing the IoT SME/Startup ecosystem of the country as well as an accelerator of IoT capabilities providing the concept and scale for industrial and societal needs. The CoE will also function as an enabler of Funding, Accelerating, Mentoring & Enterprise for the key emerging IoT startups who have been selected for incubation, after a rigorous process. The digital revolution accelerated by intelligent devices along with a booming startup environment has presented the need for a Centre of Excellence with a complete focus on the Internet of Things. With a presence of over 120 IoT focused IT companies and an expected market opportunity of USD 15 billion by 2020, India is set to gain a prominent position in the global IoT market. An increase in the adoption of IoT based technology in areas of home, retail and industrial automation, health & fitness monitoring and connected vehicles as well as the advent and growth of Smartcities, has resulted in a greater need of better solutions that lead to the evolution of a lifestyle dominated by technology. NASSCOM is focusing on systemically expanding the technology ecosystem and the IoT CoE will play the role of collaboratively addressing challenges such as the lack of understanding that leads to low adoption levels and security issues faced by the industry. Multiple IoT based firms will be selected from over 250 entries to be incubated at the CoE, through a roadshow held across Coimbatore, Bangalore, Hyderabad, Ahmedabad and Mumbai. The first five companies out of the total entries are Wireless Controls, Uncanny Vision, LightMetrics, ThingsCloud and SAAR Microsystems. About NASSCOM NASSCOM is the premier trade body and the chamber of commerce of the IT-BPM industries in India. NASSCOM is a global trade body with more than 2100 members, which include both Indian and multinational companies that have a presence in India. NASSCOM's member and associate member companies are broadly in the business of software development, software services, software

3 products, consulting services, BPO services, e-commerce & web services, engineering services and animation and gaming. NASSCOM s membership base constitutes over 95% of the industry revenues in India and employs over 3.5 million professionals. For further information, please contact: Kavita Doshi NASSCOM kavita@nasscom.in Tarunika Kalita Rudra Bose NASSCOM India Press Office - Genesis Burson-Marsteller tarunika.kalita@bm.com Rudra.Bose@bm.com

4 ANNEXURE: "The internet of things (IoT) is at the heart of a smart and connected world. Intel is committed to collaborating with industry players to transform key sectors like transportation, education, health, retail, agriculture and e-governance in the country, and is excited to collaborate with NASSCOM for their new IoT focused Centre of Excellence. We believe that IoT is vital for the success of government s Digital India vision, and this center would not only enhance India s overall capacity to design and build IoT solutions, but also enable India to attain and sustain a leadership role in technology. In the past, through the Intel Higher Education program, we have set up 100 IoT centers across Indian academia institutions, and initiatives like this will form the backbone of realizing a truly digital India. Nivruti Rai - General Manager, Intel India Cyient plans to bring its deep expertise in product design and engineering across various domains to create innovative industrial IoT applications, together with start-ups and entrepreneurial ecosystem at large. Cyient Bosch leader in connected devices would work closely with NASSCOM to Nurture Start-Ups in IoT space. Bosch would support building competence and share expertise on technology aspects like Sensor Tech. Bosch VMware is happy to see the emergence of the NASSCOM IoT COE in Bangalore. We build technologies that are integral to the IoT revolution. Through this COE, we plan to work with other players in the ecosystem, be it startups, academia, or SI/ISV partners. We expect that these strong coalitions will lead to sustained innovations in the IoT space coming out of India. VMware L&T Technology Services has taken the lead in Digital Engineering that encompasses Smart Products & Services, Smart Manufacturing and Smart Operations, and is set to redefine the IoT landscape in India. As a strategic partner for NASSCOM s IoT-CoE initiative, we are committed to building an IoT ecosystem and discovering exciting start-ups who can drive innovation in the country. We already have a large ecosystem with partners in the Industrial, Automotive and Hi-Tech sectors to name a few, and together we will leverage new age technologies that can help in the creation of Smart Cities. L&T Technology Services rich engineering heritage and history of helping Fortune 500 customers build innovative products and services makes us an ideal choice to mentor and groom promising start ups. Moreover, our legacy in R&D, cutting edge labs and proprietary IoT solutions will help drive growth in the technology sector. Dr Keshab Panda, CEO and Managing Director at L&T Technology Services.

5 Cisco is pleased to be associated with the joint initiative of NASSCOM and DEITY that will enable rapid adoption of the technology across key verticals like water, energy, agriculture, safety & health. We have always believed in supporting the next generation of disruptive ideas and creating an inclusive ecosystem. Today we are the world's youngest startup nation with three Indians joining the Internet, and four devices connecting to the network, every second. The Centre of Excellence (CoE) - IoT will augment research and development as well as mentor budding entrepreneurs to innovate for a smarter India Amit Phadnis, President, Engineering and India Site Leader, Cisco EMC takes pride in being ahead of the curve when it comes to innovation and nurturing entrepreneurial zeal. This reflects in the best in class products and services that we bring to the market. We anticipated not only the disruptive impact of IoT but also the many challenges and requirements that the technology would foster. Over the last few years we have focused on introducing innovative technology solutions designed to address the huge volumes of data that IoT infrastructures will inevitably result in. NASSCOM CoE-IoT is thus a natural extension to how we want to collaborate with the ecosystem to innovate around IoT to enable rapid adoption of the technology and leverage IoT to fuel business growth. The timing is great as it will also boost the burgeoning start up culture to further India s objective of digitization and growth. We are excited to be a part of the NASSCOM CoE-IoT and the tremendous potential it holds Sarv Saravanan, SVP & GM EMC APJ Centers of Excellence IBM is pleased to join the NASSCOM Internet of Things Center of Excellence as an infrastructure partner to help organize innovative industry events like hackathons and meetups to help the developer community usher in a vibrant ecosystem environment. Offering mentoring, training and strategic advice, IBM will provide its cloud-based services, rich analytics and cognitive computing solutions through its Watson IoT Platform to help provide organizations with new insights from data for innovation and transformation. Shalini Kapoor, Distinguished Engineer and Chief Architect, IoT Ecosystem Solutions, IBM Watson Internet of Things By bringing together the various stakeholders in the IoT value chain, the NASSCOM CoE-IoT initiative can draw on the expertise and strengths of the industry and identify areas that need to be addressed in order to build a successful IoT ecosystem in India. Accenture strongly believes that the IoT will be transformational in nature, limited only by the scope of innovation. Stakeholders in the IoT value chain need to collaborate and integrate solutions to make this ecosystem a success, and Accenture is keen to contribute through our leadership in complex technology system integration, as part of our role as a Governing Council Member and Strategic Industry Partner of this initiative. We are also excited with the prospect of taking innovative solutions from start-ups to global clients through our Open Innovation program. Mr. Sanjay Podder, Managing Director, Accenture Labs, Bangalore