Bangladesh should embrace the "Internet of Things" as it can help the country efficiently maintain key infrastructure, manage traffic properly and boost economic growth, according to experts.
IoT can immediately improve traffic management of cities, increase crop production, and maintain important infrastructure, they told a seminar at the Digital World on Friday.
For example, running air-conditioners at over 25 degree Celsius alone can save $67,644 a day in Bangladesh and IoT can ensure that.
“The whole world is moving towards this new technical innovation and if we fail to embrace it we will miss our next development scope,” said Khursheed Khan, managing partner at California-based Sagacious Solutions Inc, at the seminar titled “Fourth Industrial Revolution and Opportunities of Internet of Things”.
Khan said big data analytics, IoT and sensors can give a huge boost to the environment and agriculture, transportation and logistics, healthcare, manufacturing and utilities.
IoT is all about connecting objects to the network and enabling them to collect and share data. Machines, buildings, cars and many more things can be embedded with software and sensors that let them collect and exchange data.
It means people can control temperature of a room using an app or turn on the lights remotely. At city scale, IoT can generate real-time information with sensors in the road monitoring the flow of traffic and a public app showing available parking spots.
Faruk Ahmed Jewel, an expert from the Prime Minister's Office, said using IoT can help cut city congestion by at least 40 percent.
“So, the government is seriously considering adopting it. Different government agencies have a huge amount of information and we need to use the information to find solutions,” he said.
DataSoft Systems Bangladesh Ltd, a local IT firm, is working in many countries on IoT. It is helping the Democratic Republic of the Congo run one of its longest bridges.
M Manjur Mahmud, chief operating officer of DataSoft, said, “We have been able to convince Japan how IoT can help cut electricity bills. Using this promise we are now installing IoT in 10,000 flats in Japan.”
M Helal Uddin Ahmed, chairman of the management information systems at Dhaka University, said IoT can help boost the country's overall growth.
“Billions of devices are connected with each other which are giving us a huge amount of information. We can create new knowledge by analysing the data and it can change our lifestyle,” said Ahmed.
Mahboob Zaman, a former president of the Bangladesh Association of Software and Information Services, said adopting new technologies such as IoT, artificial intelligence, robotics and augmented reality is needed to grow further.