BGR India s IOT India 2020 event today kicked off with a fireside chat with Dr Sandeep Sibal, Country Manager and Vice President BD, Qualcomm India & South Asia. Dr Sibal defined Internet of Things, how IOT is important for India, and how Qualcomm plans on supporting startups in India. Also Read - Snapdragon 888 variants rumoured to come soon: Overclocked 4G-only and 5G versionsAlso Read - Google gives another reason to consider Snapdragon-based Android devices
Dr Sibal starts off by saying India is beautifully placed to leverage the ongoing Internet of Things revolution. IOT, he says is the third wave after mobile phones, and smartphones. In this wave, there will be people connected to things, as well as things connected to things. Unlike the smartphones wave, which came from the west, IOT is a wave where India is well poised to take the maximum advantage of the opportunities. Also Read - Snapdragon 778G launches for premium Android smartphones with support for 144Hz display
While there are questions and issues with the value proposition of IOT in India, Sibal said that this space can be a lot of help to the country. As an example, he said that resources like water and electricity are being wasted on a daily basis. Using IOT though, the government can come up with systems that can reduce the pilferage.
As far as its focus on India is concerned, Sibal said that Qualcomm has reorganized internally to focus on customized chipsets optimized for IOT, as well as reference design programs IOT. The company is also setting up a design lab in Bangalore, which will help small companies and startups to come up with new IOT devices.
Furthermore, Qualcomm will also be investing $150 million or Rs 9.8 billion in Indian startups. The company had first announced its plans during Prime Minister Narendra Modi s visit to Silicon Valley. Qualcomm Ventures has actively invested in startups in this space before, some of which include the likes of LIFX, August, and Fitbit among others.
IOT India 2020 is BGR India s second event, and is currently underway at the Leela Ambience in Gurgaon. The event not only showcases some of the best startups and disruptive innovations coming out of India, but also lets attendees meet and network with key stakeholders in smart cities, smart homes, health, connected cars, and wearables.