Mahindra Group, India’s largest maker of tractors, has kickstarted an Internet-of-Things (IoT) project to place sensors in its trucks and tractors to predict potential breakdowns, as the auto-to-defence conglomerate seeks to ride the wave of technological disruption.
“Mahindra is very bullish on digital. There is a buy-in from the top management. They need to re-skill their employees and hire talent to champion and scale these initiatives,” said Sanchit Vir Gogia, CEO & Chief Analyst at Greyhound Research.
“Eighty-eight percent of traditional businesses fear of being wiped out in 3 years. They have to reboot growth as old business models are outdated.”
Source: Economic Times | ETCIO.com
Excellent Move. I hope they have paid enough attention to the “security” aspects. For most people venturing to IOT, security is usually an after-thought, leading to challenges given the cyberattack landscape today.
Hi Anupam, thanks for sharing your thoughts. Completely agree with you, with increasing IOT penetration its about time organisations bring security as a frontrunner in their agenda and abandon their current band-aid approach. The recent DDOS IOT botnet attack that brought down Twitter goes to show how security is critical when implementing anything IOT. Watch out for our upcoming research on this topic.