The Microsoft & The Economic Times- ‘Internet of Things’ summit 2016 Kicks of Tomorrow

by Shrutee K/DNS

Mumbai, May 10, 2016:The business environment has always been accentuated by the ever evolving technology which has radically reshaped competition and ushered a new strategic approach for business. The advent of ‘Internet of Things’ has not only changed the role of IT in business but also allowed companies to access large amounts of data and enabled smarter business operations and smarter decisions. IoT through embedded sensors, processors, software and connectivity in products which allows accurate and niche data collection, are driving dramatic improvements in product functionality and performance.

It has been projected that there would be over 25 billion connected devices by 2020 to build the IoT. By this, IoT becomes the largest wave of technology to hit us. It’s time to realize that we’re in the midst of ‘A NEW INDUSTRIAL REVOLUTION’.

The IoT is already changing manufacturing world-wide by bringing a revolutionary transformation to society, economy, and technology. The IoT starts with your things, your existing investments, your people and infrastructure. It changes the trajectory of your business in real time. Harnessing the power and opportunity IoT can enable you to: Quickly get started and scale your IoT project to your business needs, Capture, analyze, and mine disparate data to create new insights and predict future outcomes, Integrate data and systems you already have with new data sources to create new insights, new business models, and new ways of staying ahead of your competition.

Understanding the importance of having the ability to connect, correlate and comprehend all your business processes & devices over a network and having access to data from remote locations in enhancing business opportunities, Microsoft and The Economic Times presents the Internet of Things Summit 2016. This one day conference led by industry stalwarts will deliberate on the impact of IoT on business allowing connecting the carious devices/processes crucial to the businesses will drive improvements, through a series of panel discussions, presentations and interactive sessions. The summit will see world class speakers and panelists who will dissect the true nature of Internet of things, expected trends and challenges in the industry. 

Commenting on it, Sunita Quadros, Business Head, Times Conferences Limited said, "Organizations that have been prompt to realize the role that this phenomenon will play in the businesses and have designed services and products that can help establishments take full advantage of what IOT has to offer. At The Economic Times, we are happy to bring this platform which encourages solution driven discussions among industry leaders."

Key discussions at the forum include 'Towards a connected world – driving innovation & transforming business models', 'Internet of Things Today - Does IoT lead to a good Return on Investment' among others. They will also deliberate on the challenges of the business and innovations through IoT which will bring a paradigm shift in the business. These discussions will see more than 100 Chief Operating Officers, Plant Heads, Manufacturing Heads, Operation Heads, Head SCM, R&D Head and other senior decision makers from across India.

About ET Edge:

Times Conferences Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through strategic conferences and summits. Encompassing the Indian business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through summits and conferences in overarching lectures, hands-on workshops, panels, roundtables and case studies.