The world is changing rapidly and the technology landscape even more so. Internet revolution ensures that information technology becomes a core function of any business, technology companies look to diversify, and the number of disruptors in the market, the majority being technology oriented, grows every day.
Emerging economies are ripe for investment, and companies turning their sights to these developing nations value deep domain knowledge and practical experience. Graduating engineers need to adapt to the specific skill set required by companies. As per the National Employability Report – Engineers, Annual Report 2014, by Aspiring Minds, less than 20% of graduating engineers are employable. A rush of foreign investments, the age of startups, and a proactive government supporting a transition to the digital age brings with it an acute need for skilling.
The Internet of Things (IoT) is a key domain of multiple integrated technologies. Building a world where physical objects, beings, virtual data, and environment all interact with each other in the same space and time requires a specific combination of electronics, electrical, computer science, information technology skills. Internet of Things provides the Internet connectivity and data however a human perspective armed with the right skills is required for the transformation of this technology trend. Intelligent homes controlled by smart phones need layers of technology and a human to integrate.
IoT is based on a 3-tier architecture, with applications on top, networks and data communications in the middle, sensing devices at the base. Sensors are one of the key building blocks of IoT. RFID Technology will be used extensively, which will have a direct impact on the electronics industry. Connectivity between 1000 – 5000 objects that surround every human means that security and privacy will be redefined.
For India to emerge as a leader in knowledge economy the focus must be shifted to this segment of the educationally qualified youth. A framework must be built where academic and industry collaborate to participate in fulfilling the social responsibility towards skilling within their sector. In an evolving technology scenario, not doing anything wrong is not enough, together we must do something right.
By Ms. Neetu Kishore
Convener- Centre of Excellence IT & Telecom
Life Member- BRICS CCI
CEO- Technovations Services Pvt Ltd