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National Vision: Make in India The Challenges and Opportunities IoT Panel - COMSNETS 2015 Syam Madanapalli | Founder | iRam Technologies

IoT - Make in India: Challenges and Opportunities

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Page 1: IoT - Make in India: Challenges and Opportunities

National Vision: Make in IndiaT h e C h a l l e n g e s a n d O p p o r t u n i t i e s

IoT Panel - COMSNETS 2015

S ya m M a d a n a p a l l i | Fo u n d e r | i R a m Te c h n o l o g i e s

Page 2: IoT - Make in India: Challenges and Opportunities

The Internet of Things

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IoT is Orthogonal IoT is Pervasive

IoT

Humans

Internet of Things will have direct implications on the physical world!

Page 3: IoT - Make in India: Challenges and Opportunities

Gandhi

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Local FirstMinimize the distance between producer and consumer!

Mohandas Karamchand Gandhi(1869 – 1948)

Page 4: IoT - Make in India: Challenges and Opportunities

India

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India - The Land of Opportunity for the Internet of Things!

240M Mobile Internet Users;

Second to China (300M)

700K graduates are employable

every year; Twice that of

China

Agriculture contributes 25%

of GDP and employment for

56% Indians

IT contributes 7% of GDP; Saturated at

58% of global market share

GDP is proportional to manufacturing; 1.7% GDP from

Electronics

Page 5: IoT - Make in India: Challenges and Opportunities

What does IoT mean for India?

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Internet of Things

India on Technology India on Threat

India on Threshold

Opportunity

Be Proactive Be Laggard

Produce IoT Solutions Need Gandhi Again

Page 6: IoT - Make in India: Challenges and Opportunities

Device Development Challenges in India

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Poor EcosystemLong Development CyclesIndustrial Design is a ChallengeInitial Selling is HardScaling Business Up is Difficult

Page 7: IoT - Make in India: Challenges and Opportunities

Poor Ecosystem

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Device development involves many partnersCAD designPCB ManufacturingComponent suppliersSoftware DevelopersIndustrial designDistributors and Early adopters

Indians are inherently poor in business ethicsDo not meet schedulesPoor workmanshipPoor business ethics

Page 8: IoT - Make in India: Challenges and Opportunities

Long Development Cycles

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Long Development CyclesTakes time and capitalDelays time to market

Page 9: IoT - Make in India: Challenges and Opportunities

Industrial Design is a Challenge

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Lack of KnowledgeUnderestimationPoor designersCapital intensiveLong cycles

Page 10: IoT - Make in India: Challenges and Opportunities

Initial Selling is Hard

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Indians are peculiarWants make in India, but they sayYou are not Big BrandIt should be cheaper because it is made in IndiaWhy an US company not developed this

Page 11: IoT - Make in India: Challenges and Opportunities

Scaling up is Difficult

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Scaling up a device company requiresInitial capitalSupply chain managementGood marketingSales forecastLittle support from the VCs

Page 12: IoT - Make in India: Challenges and Opportunities

Considerations for New Entrants

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Collaborate to innovate

Customer Service is Everything

Scaling up a true-IoT company is a challenge

10x Better experience

90% Cost savings

Easy fit into the ecosystem

Page 13: IoT - Make in India: Challenges and Opportunities

Thank You!smadanapa l l i@gmai l . com