As banks have started to limit the number of free transactions to consumers, coupled with waive off of charges on merchant payments (NEFT, RTGS), the market will create an immense opportunity for revenue generation to the ecosystem players. Indian merchant digital payments ecosystem is yet to be tapped, while the consumer payments wing is looking lucrative for start-ups, Fintechs, tech firms, and lenders. Since, UPI 2 has already been put up in place, Indian digital payments ecosystem will see heavy number of cross-border financial services, insurance & fintechs entering the market place.
1. IoT Suppliers in Energy Industry
IoT wearables suppliers in Energy Industry:
Company Products Functional coverage Competitors
General Cable Body worn wearables, IoT
devices and hardware,
Transceivers
Security, Maintenance Amazon Robotics,
Nari Technology
Cypress
Semiconductor
Body worn wearables,
Transceivers and processors,
Bluetooth,
Logistics & Warehousing,
Maintenance and Quality
Assurance
Sharp, Omron
IoT in energy sectors is focusing on connected assets, security container among others and the industry is
already witnessing growing adoption of IoT in customized business areas.
34%
22%
16%
15%
11%
2%
Devices & Equipment
Processors
Sensors & Actuators
Transceivers
Gateways
Wearables
IoT in Energy:
The best way IOT in energy industry can help is
safety and efficiency. If everyone is trying to
purchase electric cars and want to fight pollutions,
further they will need of charging their cars; which
will need the energy department to handle the same.
Hence Smart Energy IOT will do the needful work.
One true use in this department is the real-time
connection means that consumers can see exactly
how much energy they are consuming, and the
resulting cost. Using IOT for data collecting and
monitoring is far more accurate and helpful in gas
meters. Now that these are evolved with IOT
software it helps real time data monitoring and
automated billing using 4G networks which is
accessed directly by the energy department.
Share of IoT
Hardware in
Chemicals