Government prepares National Plan for Internet of Things

Gilberto Kassab, minister of Science, Technology, Innovation and Communications, says the so-called “internet of things” could generate R$200 billion for the Brazilian economy by 2025 and revealed the government is working on a plan to encourage the industry. On Thursday, while heading the Brazilian delegation to Barcelona’s Mobile World Congress, the minister said the plan might include adjustments in industrial policy, telecom regulation, project and innovation financing, and labor training. Officials even study directing tax breaks to suppliers and manufacturers who join the production chain, but any changes would require reforming the Law of Informatics.

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