India’s 1st Conference on ‘How to Monetise the Internet of Things’ to be held in Bangalore by IET

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India’s 1st Conference on ‘How to Monetise the Internet of Things’ to be held in Bangalore by IET
Upcoming Conference by The IET aims to help businesses gain more out of the IoT

Bengaluru, India, November 17, 2015– The IET and EFY Group have announced a joint conference on Internet of Things to be held on 13th January 2016. The conference will be first of its kind in India to focus on ways to help start-ups and business enterprises to monetise the Internet of Things, and will be held as part of The event will be held at the Bangalore International Exhibition Centre (BIEC) in Bengaluru.

The conference will showcase success stories from industry experts who have exploited the monetary potential of IoT. Five major themes of the conference are IoT Ecosystem, Chipset and hardware, System integrators, Operators and Cloud & Analytics. Futuristic trends, potential challenges, and guidelines to implement IoT will also be discussed.

“The key to growth of any technology is by its ability to create wealth. While the Internet of Things has immense possibilities, a lot of which is being talked about by various people including us; in this conference we will focus on biggest puzzle of all, how to monetise the IoT. We are inviting business leaders and users who have successfully created revenues in IoT to tell us about their journey to enable us to learn from them. We are happy to associate with EFY Group to deliver this event to get speakers from all parts of the IoT ecosystem including Chipset and hardware, System integrators, Operators and Cloud & Analytics. This is also the first time that an IoT event with this focus is happening in India,” said Shekhar Sanyal, Country Head and Director, IET India

“India already enjoys excellent software and hardware design resources through the umpteen design houses and R&D centres we house here. What we need is to solve the puzzle on how to convert our technologyexpertise into a successful business platform. We are now beginning to work towards this by teaming up with the The Institution of Engineering and Technology (IET), as it is in their mission to support technology innovation to meet the needs of society,” explains Ramesh Chopra, executive chairman at EFY Group.

The conference will be a key element of, which is India’s largest exhibition and conference on the Internet of Things. Both shows are being conducted under the umbrella event Indian Electronics Week 2016, which is a week-long international event to be held at Bengaluru, to promote electronics industry in India.The event will also mark the launch of a unique website that focuses on the electronics angle of IoT, aptly called Electronics of Things (

About the IET

Founded 143 years ago, The Institution of Engineering and Technology (IET), earlier known as IEE is one of the world’s leading professional societies for the engineering and technology community. The IET is based in the UK and has 163,000+ members in 127 countries, with active network of members in 37 countries. In India the IET has over 12,000 members and 8 Local Networks and focuses on Energy, Transport, Information & Communications, IoT and Education sectors.

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