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Date: 20-12-14

Freescale India's Satinder Sohi's 2015 predictions for electronics and semicon

The semiconductor industry has moved manifolds in the last couple of years and we have noticed nationwide adoption of the semiconductor products and solutions. In 2014, we saw a lot has been talked about how government is initiating laws and policies to move the industry forward and how semiconductor industry has a lot to contribute to government’s initiative of a digital India and a smart planet.Steps are also being taken to boost domestic production of electronic items and reduce dependence on imports.

In 2015, what will be interesting to see is how trends like Internet of Things, big data and cloud will combine to enable a smart planet. We believe CIOs will refocus on the fundamentals in 2015, securely embedding innovation in their global network in order to make sense of big data and IoT outputs and fuel business growth. Data center networks are undergoing a huge change because of the amount of data available and the need to securely store it. As a result, trends like Software Defined Networks (SDN) are coming to the mainstream. It can manage the network more intelligently and in a much more cost efficient manner.

According to IDC, ninety percent of data centre and enterprise systems management environments are expected to switch to new business models to handle IoT and BYOD devices by 2017. Forty percent of IoT data will be processed and stored at, or close to, the network edge by 2018. This tells us that IoT will certainly be the focus area for enterprises large or small and SMBs in 2015. Markets like smart grids and metering is also expected to boom in 2015 and spending in this sector will also see a significant rise, according to a report by IC Insights.
In 2015, adoption of technologies and services related to IoT will rise aggressively, particularly within the small and medium business markets, and larger organisations that were not early adopters. Due to the widespread adoption of semiconductor and IoT across industries, we will surely see growth in the auto, networking, healthcare industries and these will certainly provide the country with the next big innovation.

Overall, the semiconductor industry is very positive presently and we expect it will continue to grow in the years to come.

In 2015, it will be interesting to see is how trends like Internet of Things, big data and cloud will combine to enable a smart planet. We believe CIOs will refocus on the fundamentals in 2015, securely embedding innovation in their global network in order to make sense of big data and IoT outputs and fuel business growth. In 2015, adoption of technologies and services related to IoT will rise aggressively, particularly within the small and medium business markets, and larger organisations that were not early adopters. Industry consolidation is a key driver for wider IoT adoption.

By Satinder Sohi, India Country Director, Freescale Semiconductor India Pvt. Ltd.
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