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BNDES Publishes National IoT Action Plan Study

The Brazilian authorities are presenting the Internet of Things as an opportunity for the country to move up to 10 percent of the nation's GDP, which is currently $2 trillion.
By Edson Perin

The infrastructure for connectivity and interoperability will be essential for the IoT to spread in Brazil. Its objectives are to expand the supply of communication networks in accordance with the demands for IoT services; to articulate the IoT theme in public policies for expanding solutions and infrastructure for connectivity; and to promote the interoperability and standardization of IoT networks, devices and solutions.

Finally, the regulatory, security and privacy horizontal will be an important enabler toward driving the adoption of the IoT. Its objectives are to address telecommunications regulatory barriers with a view to accelerating the development of IoT applications; to create a regulatory framework for the protection of personal data adequate to fostering innovation and protection of individual rights; to identify and address specific regulatory issues pertaining to prioritized verticals; and to establish an appropriate institutional design to address privacy and security challenges for the IoT.

The structuring of an IoT Action Plan for Brazil, BNDES reports, is a fundamental landmark, as it allows the consolidation of a strategic vision for the Internet of Things. Its collaborative construction has engaged diverse actors from the public and private sectors, ranging from business associations to academia. In addition to a survey of initiatives representative of the IoT ecosystem, this process of collaborative construction has enhanced the commitment of key actors with the continuation of the Action Plan.

According to BNDES, the proposed Action Plan is not limited to the study initiatives or the governance structure that will lead it in the next five years. "This technical study, conducted in an innovative way, will serve as the basis for the National Internet of Things Plan, which is about to be established through publication of a Decree of the Presidency of the Republic," the document states. "By identifying the main bottlenecks for the expansion of IoT and proposing a robust set of initiatives to address them, it will allow the country to become a protagonist in its development."

The biggest challenge now, according to the authorities, lies in the implementation of the initiatives and the continuity of the engagement of the various actors necessary for the success of the Action Plan. However, they add, the result of the effort will be rewarded with massive impacts on the economy and the quality of life of Brazilians.

To access the IoT study online, visit BNDES' website or MCTIC's website.

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