The Indian Case

wittyexecutiveNetworking and Communications

Feb 17, 2014 (3 years and 3 months ago)

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The Internet of Things:
The Indian Case

Sean Peters & John Sablan

Introduction


China v. India: Economic
Development


In order to better understand the economic development of
India, it is worthwhile to compare it to its regional neighbor,
China.



Both nations have over 1 billion citizens making up 2/7 of the
world population.


They boast two of the fastest growing economies in the
world.


The Chinese economy is growing at an average rate of 10 % per
year.


The Indian economy is expanding at an average of 7.5 % per
year.

China v. India: Economic
Development


China began its economic reforms in 1979 under Den Xia
Peng.



The economic liberalization under the leadership of
Narasihma Rao started in 1991.


As a result overall investment increased from $ 132 million in FY
1991 to $ 5.3 million in FY 1995.



I = C


12


China v. India: Economic
Development


China wasted no time in taking control of its financial
development and has established a comparative advantage in
manufacturing.


Manufacturing makes up 47% of the Chinese economy while India only
devotes 28% of its business to this industry.



The reason behind this stark difference lies in:


T
he infrastructural investment by the Chinese government


T
he ease of policy implementation


Overall experience in delivering manufactured goods.


India’s IT Industry


The IT sector has played a crucial role in India’s economic
development.


It is projected that by the year 2020, this sector will become a
$225 billion dollar industry.


Due to their competency in the area, it has become the
preferred destination for companies to outsource their IT and
back
-
office functions.


As a result, firms like TCS, Infosys and Wipro are developing
ways to capture a greater market share.

India’s IT Industry


The Information Technology segment has been one of the
largest employers of the country.


An estimated 30 million professionals are employed by these
SME’s in the various technological hubs.






Infrastructural Issues


Despite the potential for continued growth, India’s lack of a
modern infrastructure to support its economy has hampered
its growth.


Standard and Poor’s rating services estimate that,
unhampered, the country will experience an economic growth
rate of 9
-
9.5%.

Infrastructural Issues


India’s “Silicon Valley” has no mass transit available to
transport its workforce.


Infosys shells out $5 million a year to bring its 18,000 employees
to and from work.


“India has underinvested in infrastructure for over years, and we’re
behind what we need by 10 to 12 years”


Mohandas
Pai
, Director of
Human Resources.



Infrastructural Issues


The lack of power has presented itself as a roadblock in the
IT sectors path.


In many cities, IT companies lose power once a week to
relieve pressure on the grid.


Time and valuable funds have been redirected to combat
these issues.



Infrastructural Issues


In order to combat the problems with the Indian
infrastructure, the government has planned to develop over
$1 trillion to bolster the transportation and power generation.



The government has also handed off many of its
responsibilities to private firms for a more efficient
development of the infrastructure.


Bangalore’s Bengaluru International Airport.


India and Innovation



The need for Change…


“700
-
800 million square feet of office space will be constructed…”


Potential for continued economic growth


Innovation in IT Infrastructure


Cisco Connected Real Estate Solutions

Cisco Connected
Real Estate

Cisco Connected Real Estate


Redefining the word “Smart”


Integration of information, building, and physical security


Cisco IP Network


“Network as the Foundation”


Services


Centralization of services lead to streamlining and cost reduction.

Cost Reduction & Green Initiative


Indian Economical Impact



IT service industry plays a key role in India’s economic
growth, accounting for 56% of GDP


Efficiently built infrastructure and work environment will lead
to economic growth from cost reduction and greater
productivity

Closing Thoughts


India’s unique political, and economical decisions have led it
to adopt the role of the world’s leading IT
-
Service provider.


Cutting
-
edge technologies like Cisco’s Connected Real
Estate, demonstrate the countries competency in providing IT
services to the rest of the world.


The Prosperity of India’s economy is heavily dependent on its
ability to address its pressing issues.


Closing Thoughts


India’s unique political, and economical decisions have led it
to adopt the role of the world’s leading IT
-
Service provider
.


It is clear that India has taken quite a unique route its
economic advancement relative to its neighbors.


The Information Technologies industry has provided India
with the catalyst to become a major player in the global
market.


The Prosperity of India’s economy is heavily dependent on its
ability to address its pressing issues.



Closing Thoughts


Cutting
-
edge technologies like Cisco’s Connected Real
Estate, demonstrate the countries competency in providing IT
services to the rest of the world.


Thanks for Your Time


Work Sited



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