IoT may boom as companies plan post Covid strategies
The disruption that Covid-19 has brought about will trigger a boom in the market for Internet of Things, or connected, technologies, say industry executives and analysts. They add that companies such as Infosys, Tata Communications, ThoughtWorks, Citius Tech and Hero Electronics are betting on these opportunities.
New use cases will erupt for IoT devices in a world where concerns over public health will accelerate automation of processes and systems, and reduce human interactions, they say.
“IoT has always existed as an automation tool but the Covid disruption will enhance the adoption of IoT just like it did for collaborative virtual meeting platforms,” said Alok Bhardiya, the head of the IoT Business Unit at Tata Communications.