British IT Guru and 'Internet of Things' inventor Kevin Ashton today said Republican candidate Donald Trump's stance on outsourcing industry and immigration policies will do "damage to US and not to India."
"Donald Trump is not going to come out trumps in the US Presidential elections because his organisational skills are poor. The damage will be done not to India, but to the United States," he told reporters at the eighth edition of NASSCOM Design and Engineering Summit in Bengaluru.
Trump is a front runner for the US President's post and is criticised by many quarters in India over his stance on the outsourcing industry and existing immigration policies.
"Trump is playing a dangerous game," Ashton said.
The tech expert said that even if Trump wins the election, he will not execute half of the things he had been saying, but will try to enrich himself.
NASSCOM President R Chandrashekhar, on the other hand, said India needed to wait and watch, rather than panic, on the outcome of the US Presidential elections.
"India can afford to sort of wait and see the circumstances because the Indian IT industry actually helps create jobs even ostensibly in United States. Therefore, we need not press panic buttons," he said.
The Internet of Things (IoT) market in India stands at USD 5.6 billion with 200 million connected units in 2016 and is expected to grow to USD 15 billion with 2.7 billion units by 2020, Chandrashekhar said.
The global IoT market is expected to grow to over USD 3 trillion by same period, and both consumer and industrial applications are expected to drive overall IoT growth, he said.
The term 'Internet of Things' describes a system where the Internet is connected to the physical world via ubiquitous sensors.
The IoT ecosystem in India comprises around 120 organisations from across the value chain, the NASSCOM chief said.
Expressing his thoughts on the upturn of applied IoT in India, Ashton, who is also an author, said the ecosystem was rapidly expanding, owing to demand for both Industrial and Consumer IoT applications and is set to be a critical part of the next level of growth for the IT industry.
Chandrasekhar said IoT as a concept has seen vested interests from across industries globally and was set to become a major differentiator in driving the next generation of services and products.
"In India, while the industry is at a nascent stage, industrial applications of IoT primarily in manufacturing, automotive and transportation and logistics are expected to drive IoT revenues by 2020," he said.
