Riding on Indias fast growing Internet penetration, this collaboration will help establish the foundation for a new ecosystem to help Electronic System Design & Manufacturing (ESDM) companies and other companies of electronic city engaged in IoT product development.
According to a Task Force report commissioned by the Department of Electronics and Information Technology (DeitY), the demand for electronics hardware in the country is projected to increase to USD 400 billion by 2020 and this initiative will help address domestic demand, allowing local manufacturers to capture this growing market opportunity and save precious foreign exchange for India.
As part of this effort, Cisco will help provide the network infrastructure and expertise for testing and production of electronic product prototypes for an IoT enabled smart city environment.
Through the Living Lab, ESDM start-ups and other electronic city companies can build solutions for City Infrastructure Management (CIM) including Smart Parking, Smart CCTV Surveillance, Smart Street Lighting, Smart Water Management/Leak Detection and Community Messaging.
The project will utilise the Cisco Smart+Connected City WiFi solution that will help enable community WiFi services and allow access to public utility offerings. ELCIA will also embed Cisco network equipment comprising of access points, routers, switches, and other required hardware and software applications that will be connected to the smart citys fibre-optic backbone network.
The first phase of this smart city project will be rolled out in Electronics City and will serve as a replicable model for the rest of Bangalore as well as other cities in India, across the region and other emerging markets. Participating companies would gain access to boot strap funding for their ventures under Ciscos IoT Innovation Fund, provided there is a strong idea for new IoT product / application development with a commercially viable business case, as well as a chance to participate in the global Cisco IoT Challenge.
This project is being undertaken as part of the Cisco Smart+Connected Communities concept that places technology at the heart of economic development and better quality of life in modern cities. The focus is on using the network to deploy digitally enabled transportation, healthcare, education, utilities, energy grid and real estate in cities.