Brazil Aims to Lead in IoT Innovation
In a significant move towards digital transformation, Brazil has officially launched its national action plan for the Internet of Things (IoT) on June 2018, with President Jair Bolsonaro signing the decree. This ambitious initiative, culminating from a multi-year public-private partnership led by the Brazilian Development Bank (BNDES) and the Ministry of Science, Technology, Innovation and Communications (MCTIC), aims to promote the development and adoption of IoT applications throughout the Brazilian economy.
The plan targets four key verticals: cities, healthcare, agriculture, and manufacturing, with each sector set to reap unique benefits. For cities, the plan highlights opportunities to improve urban life using IoT, including enhancing mobility, public safety, and sustainability. In healthcare, the goal is to increase access to hospitals through the integration of patient information and better efficiency in the healthcare ecosystem. For agriculture, the plan aims to leverage IoT to improve the efficiency of agricultural production, as agribusiness contributes 80 percent of GDP growth in Brazil.
The IoT strategy is not just about technological advancement; it's about improving the quality of life for Brazilians, increasing efficiency, boosting productivity, fostering competitiveness, promoting the development of professional qualifications related to IoT, and increasing Brazil's participation in international forums. The plan also seeks to foster free competition and free flow of data.
One of the key aspects of the plan is the exemption of IoT devices and applications from the Funds for the Inspection of Telecommunications (FISTEL) fee in Brazil. This move is expected to stimulate the growth and adoption of IoT technologies in the country. Additionally, the decree establishes that IoT devices and applications are not considered communications equipment in Brazil.
While the name of the person responsible for the implementation of the national IoT plan in Brazil is not yet publicly known, the plan's objectives are clear. The potential benefits of the Internet of Things are only increasing, and the longer countries go without national IoT strategies, the more they may suffer for it. With this comprehensive plan, Brazil is positioning itself as a leader in IoT adoption, setting an example for other countries, including economic superpowers like the United States, which currently lack a similar national strategy.
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