Nasscom unveils India's first IoT-focused centre
National Association of Software and Services Companies (Nasscom) has unveiled India’s first centre of excellence focused on Internet of Things (CoE- IoT) at its Startup Warehouse in Bengaluru which is inaugurated by Mr. Ravi Shankar Prasad, Union Minister for Electronics, IT, Law & Justice. The CoE is a joint initiative between the Department of Electronics and Information Technology (DEITY), education and research network (ERNET) and the IT industry body. It is also supported by Accenture, Cisco, Intel, HCL Technologies, Qualcomm, TCS and L&T Technology Services, among others.
The centre was launched in a bid to encourage start-ups to come up with tech solutions centered on Internet of Things (IoT). It will function as an enabler of funding, accelerating, and mentoring for start-ups in this area. The CoE laboratory, along with the Nasscom 10,000 Startups Warehouse, has the capacity to incubate up to 40 start-ups. The CoE will also function as an enabler of funding, accelerating, and mentoring for start-ups in this area.
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