Three industrial revolutions have brought epic changes to the world of business - steam engines, mass production and the internet. Today, we are in the midst of what is often called the fourth industrial revolution - the convergence of physical things with the world of internet: The Internet of Things (IoT). Gartner defines the Internet of things as the network of physical objects that contains embedded technology to communicate and sense or interact with the object's’ internal state or the external environment.
The age of connected devices with ubiquitous sensors and mobile networks has been dawning on the tech world. The number of connected devices will go up from $10 billion devices in 2018 to over $80 billion devices by 2020 leading to the huge network of devices generating an immense amount of data to be analyzed and monetized. With this explosive growth comes tremendous opportunity.
“IoT will have a great impact on the economy by transforming many enterprises into digital businesses and facilitating new business models, improving efficiency and increasing employee and customer engagement”. -says Mark Hung, Gartner Research Vice President.
Market Growth Potential and Opportunities
Leading players like CISCO predict that IoT will create economic value of over $14 trillion by 2022. Gartner predicts that by 2020, the installed base of the IoT will exceed 26 billion units worldwide and will consist of a very diverse range of smart objects and equipments. IoT has potential to create over $500 billion in value in India overy the next decade.
For professionals working directly in IoT technologies, machine research forecast that the global market for IoT in 2020 will be worth $373 billion in revenue, with $194 billion from hardware and $179 billion from software. India will account for minimum of $ 10-12 billion of this total revenue.
Gartner forecasts that more than 1 million jobs will be needed to deliver applications and business services for IoT (1.4M jobs, actually, of which 300K jobs are entry-level, IoT-related jobs). In short, it's a huge opportunity at all levels of skill and expertise, and for all kinds of interesting parties.
The past decade has seen an enormous growth in the application of Technology to everyday life, be it – home automation, security or autonomous driving – “machines” are quickly taking over many of the mundane tasks of humans. Very quickly IoT has become a specialized field on its own with problems that needs a skilled professional to solve. This program is designed to cover the entire gamut of IoT technologies, software and hardware, that a student will need to become a successful IoT engineer.
The B.Sc IT program with specialization in IoT offered by the University is designed to build a sound foundation in the area of Computer Science and a specialization in IoT. This program will enable students to take up various emerging roles in the area of IoT.
Minimum qualification required: 10+2 examination from PUC/ ISC/ CBSE/ or equivalent board
Program Duration - 3 years
(6 semesters) - Full-Time
For Students securing 70%
and above in XII Std Board Exams.