Friday, 24 March, 2023

Indian organisations filed over 5,000 IoT patents in last 5 years

<p>Indian organisations filed around 6,000 IoT patents during 2009-2019, of which over 5,000 were filed in the last five years, said NASSCOM. The IT industry body said that 40% of the patents filed have been granted. Over 80% of the patient were related to Industry 4.0&nbsp;apps, lead by healthcare and automobile industry. MNC filed 70% of the patents,&nbsp;while start-ups filed 7%. Besides, 95% of these patients were hardware components having some connectivity.<br /> &nbsp;</p>