Friday 18 January 2019 ,
Friday 18 January 2019 ,
Latest News
  • CEC completely rejects TIB’s election report
  • Ridesharing lady Shahanaj gets back her bike
  • Quit BNP accepting failures: Quader to Fakhrul
  • 'Main accused' of Xulhaz-Tanoy murders held from Tongi
  • One in three UN employees have been sexually harassed: survey
  • Brexit: Theresa May's deal is voted down in historic Commons defeat
  • Salman F Rahman appointed, Sajeeb Ahmed Wazed reappointed PM advisers
21 December, 2018 09:36:15 AM
Print

Bangladesh gears up to adopt Internet of Things

Tareque Moretaza, Dhaka
Bangladesh gears up to adopt Internet of Things

Bangladesh has taken an initiative to adopt the latest technological innovations, and some companies have already setup Internet of Things (IoT) laboratories in the country. Different countries have already adopted this technological innovation and 30 billion IoT devices are expected to be in the world by 2020, helping to improve performance, Bangladesh Telecommunication Regulatory Commission (BTRC) officials say. Various companies have started working with this state-of-the-art technology in the country, informed the officials.

On April 24 this year, the BTRC issued a directive on allowing Internet of Things (IoT) for smart buildings, automation of industries and some other services to help establish a smart city.

IoT is a technology that connects machines to machines, giving city dwellers better performance and improving technological efficiency. This technological advancement will help find easy solutions for various problems, reads the BTRC directive uploaded on its official website.

 According to the directive, signed by Md Aminul Haque, BRTC spectrum management director, all the importers need to be enlisted with the BTRC and obtain no-objection certificates before importing any IoT device.

The BTRC mentioned mentions nine sectors where IoT technology can be used in the country— smart buildings, industrial automation, smart grids, water management, waste management, smart agriculture, telecare, intelligent transport systems, environment management, smart urban lighting and smart parking.

DataSoft Systems Bangladesh Limited, a local firm, launched its state-of-the-art IoT laboratory in Dhaka on November 13, 2016.

DataSoft is currently building 10,000 smart homes in Tokyo, Japan, using the next generation IoT solutions in what can be termed a spectacular leap for the country’s IT industry.

 The global Internet of Things (IoT) market will be worth USD 1.1 trillion in revenue by 2025, and, to become part of this global market, Bangladesh has already taken a slew of initiatives.

 The global IoT market will expand by 2025, as the market value will shift from connectivity to platforms, applications, and services, according to new data from GSMA Intelligence.

 By that point, there will be more than 25 billion IoT connections (cellular and non-cellular), driven largely by growth in the industrial IoT market. The Asia-Pacific region is forecast to become the largest global IoT region in terms of both connections and revenue.

 “To be part of this global market, Bangladesh has already taken different initiatives. We have started exporting IoT products,” former Posts, Telecommunications and Information Technology Minister Mustafa Jabbar told The Independent.

 “The government has an eye on increasing its use in the country. Our Hi-Tech Park will be one of the main hubs for IoT products and services,” added Jabbar.

 In July 2018, an IoT device developed by the Dhaka-based firm DataSoft will solve the water supply crisis faced by Mecca in Saudi Arabia, in what can be viewed as yet another giant stride for Bangladesh’s ground-breaking tech firm.

GSMA Intelligence forecasts that, globally, the total number of IoT connections (cellular and non-cellular) will reach 25.2 billion in 2025, up from 6.3 billion in 2016.

The industrial segment, which refers to IoT solutions deployed within enterprises or vertical-specific applications, will account for more than half the total connections by that point (13.8 billion), while the number of IoT connections in the consumer segment will reach 11.4 billion, driven by developments in the smart home market.

 “It’s well understood that connectivity will represent only a fraction of the total IoT opportunity,” he said.

Complementing IoT connection data with this major new dataset and analysis on IoT revenue provides a comprehensive and realistic view of where market opportunities exist for operators, vendors, integrators, and everyone else playing in the IoT ecosystem,” explained Peter Jarich, head of GSMA Intelligence.

BK

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 29.5%
No 64.5%
No Comment 5.9%
Video
More Business Stories
mine-mouth coal-fired power plant in Dinajpur signed GCM Resources plc and Chinese state-owned Power China on Thursday signed a joint venture agreement (JVA) and  an engineering, procurement and construction (EPC) contract for setting up a 2,000MW mine-mouth coal-fired power plant…

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting