Collaborate to develop smart cities and digital infrastructure in India
Cisco and ILFS Technologies Ltd (ITL), a technology solutions company of Infrastructure Leasing & Financial Services (IL&FS), have entered into a strategic collaboration to utilize the Internet of Everything to develop digital solutions for India’s infrastructure and smart cities.
Prem Saigal, Chairman, ITL, and Dinesh Malkani, President, Cisco India & SAARC, made the announcement along with Anil Menon, Cisco Deputy Chief Globalisation Officer and President, Smart+Connected Communities, and Durga Prasad, CEO, ITL.
The collaboration between Cisco and ITL will focus on bringing together the best-in-class, complementary capabilities of both companies. Cisco’s vision of the Internet of Everything, which is the intelligent connection of people, processes, data, and things, is already revolutionizing the way our cities operate, creating a more dynamic digital economy and also bringing new, richer experiences to citizens. IL&FS’s deep expertise in infrastructure development in India along with ITL’s excellent technology services capabilities strongly complements Cisco IoE architecture and robust vertical solutions announced the press release.
The ‘Intelligent Urbanization: Roadmap for India’ report released by CII and Cisco in 2010 estimated that by 2020, India might have 68 cities with a population greater than 1 million. In 2013, CII and Cisco released a report titled ‘Smart City in Indian Context’ which stated that India faced a shortage of 600,000 doctors, 1 million nurses and 1.2 million teachers in government schools.
Dinesh Malkani, President, Sales, Cisco India and SAARC, said, “We have the opportunity to embrace the Internet of Everything and help enable a digital India. By enabling a digitized economy we hope to enable safer streets, smarter homes and healthier and better-educated citizens. The Internet of Everything will change how we work by delivering more information, better decisions and increased economic value.”