Category: Success Stories

Driving Digital Awakening Across Enterprises Today

Digital technologies are rapidly reshaping every industry today, and a digital transformation plan is imperative for a company to retain and possibly enhance market share, customer base and shareholders’ interest. The global spend on digital transformation initiatives reached $1.3 trillion in 2017, with the amount expected to near double by 2021.

 

A digital transformation plan involves multiple parameters, and involves several complexities. An assiduously charted digital transformation plan is prone to undergo several changes due to the dynamic nature of technologies shaping the industry. Some core aspects of technology components leading change in the industry include advanced analytics, IOT, mobile technologies, AI & Robotics, RPA & chatbots,cloud computing,AR & VR, etc

 

The coupling of granular, real-time data collected through smartphones, connected devices, smart appliances, wearables, mobile commerce, video surveillance, with digital technologies such as cloud native apps, big data architectures, hyper-converged technologies, artificial intelligence, blockchain help to enhance product design & performance, customer experience and faster business decisions through, essentially driving the wave of digital transformation.

 

Data, Mobile & Other Technologies Spearheading Digital Transformation

 

Data analytics is one of the foremost aspects of digital transformation today. A company’s most critical asset is data – which is now being understood with alacrity now that scientists have understood how to analyse data, extract insights from it and drive a company’s growth in new, undiscovered territories. Gartner says that every major company is wielding data and analytics as competitive weapons, and by 2022, 90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency. This is because data provides a lot of action points on behaviours and trends of customers, allowing for businesses to process, predict and plan future strategies with precision and accuracy.

 

The mobile phone was perhaps one of the most versatile inventions of our time, and has served as a canvas for almost every major transformative technology known to man today. Be it apps, chatbots or technologies enabling connectivity – it all happens on a mobile phone. Being the cornerstone of digital transformation, companies understand the power of a handheld devices in accelerating their growth. Some of the biggest companies today in every major industry are capitalising on the mobile phones and telecom networks. The rapid and continuous communication between a company and its customers is facilitated through the mobile, which is also playing a major role in capturing data.

 

The cloud is another transformation technology offering that has changed the way data is stored, and now plays a pivotal role in driving digital transformation. Information and customer data on the cloud is being harnessed by companies to drive and shape strategies. Cloud offerings like Software as a Service, Infrastructure as a Service and Platform as a Service has led the way for business models built on and driven by the cloud.

 

Other technologies like AI, robotics & robotics process automation (RPA), and chatbots are now being explored extensively for applicability across domains. AI-driven technologies are playing a major role in the way companies, with a focus on information capture and process automation. This has fueled the way for Robotic Process Automation – the catalyst for smarter business decisions today. RPA is redefining the way processes like risk, compliance, accounts & invoice processing, and customer onboarding, and experts believe this is the tip of the iceberg.

 

Challenges In Digital Transformation

 

Digital transformation programs need the support from the top management and participation from all the functions within the organisation and other stake holders in the ecosystem like customers, and suppliers among others. This is more of a change management process and transformation in the business processes and model. It is a long journey, probably a decade for large organisations. But it is important now to persevere, reassess strategies and embrace digital intervention methods, if companies hope to be change-makers of the future.

 

iot india

Excerpts of speech by Nagarajan Rao, Director, CoE IoT DSAI, Chennai at the BITS Pilani (Goa) 3rd PGP-IoT cohort

Universal Healthcare- Digital Propulsion 30th April 2019 at Shangri La’s Eros Hotel- Delhi

Universal Healthcare- Digital Propulsion

30th April 2019 at Shangri La’s Eros Hotel- Delhi

Event Report

170 Registrations|50 Start-ups|20 Policy makers|90 Organizations

8 innovative start-up pitches|7 Demo booths

   

 

Inaugural session

The 5th Lifesciences & Healthcare Innovation Forum got off to a rousing start, with inspiring and informative keynotes from luminaries across the spectrum of health, technology and policy, on the growing impact of digital propulsion in healthcare today. Welcoming the guests, Sanjeev Malhotra, CEO of the NASSCOM Center of Excellence stressed on the need for a comprehensive healthcare ecosystem, by bringing together the country’s leading hospitals, medical associations, healthcare providers and innovators with policymakers to decide the future of the industry.

Debjani Ghosh, President, NASSCOM elucidated on India’s role as a leader in data collection and mining and stressed on the need to harness this data for a constructive purpose. Combining this transformational power of technology with verticals like healthcare will be a powerful synergy, With India being the second largest health tech ecosystem in the world, the next step in accelerating the industry would be to make healthcare accessible to all using technology.

 

Debjani Ghosh, President

 

J Satyanarayana, former chairman, UIDAI emphasized on the need for universal health coverage, and with new elements of technology making a foray, various aspects of patient privacy and security also need to be taken care of adequately. Based on the current scenario, he suggested an ‘enterprise-like’ approach with a federated architecture, including database interoperability, maintaining basic data of patients and diseases and most importantly, an architecture that brings it all together.

J Satyanarayana, former chairman

 

Dileep Mangsuli, CTO, Wipro GE Healthcare touched upon the need for preventive healthcare, and that there is a significant skill gap in managing healthcare challenges. He stressed upon the creation of a health stack for which data integration is needed and urged the industry to also consider affordability of healthcare services for everyone.

 

Dileep Mangsuli, CTO, Wipro GE Healthcare

 

Dr Indu Bhushan, CEO of Ayushman Bharat provided the example of the success of the healthcare scheme Ayushman Bharat (PM-JAY), specifically elaborating on the role of technology in extending the reach of this expansive scheme to every corner of the country. In seven months of launching, Ayushman Bharat has already touched the lives of 3.2 crore people, and the next phase of implementation will witness a significant role played by technology.

Dr Indu Bhushan, CEO of Ayushman Bharat

 

Ajay Sawhney, secretary, MeitY spoke about extending the expertise of IT and electronics deep into major industry sectors like healthcare. This will ensure reach far and wide, and help harness vast amounts of data and insights about India’s healthcare landscape. He also emphasized on the need for the National Health Stack, as it will create a tremendous scope for innovation in the country.

Ajay Sawhney, secretary, MeitY

 

Pramod Bhasin, founder, Genpact brought the inaugural session to a close with remarks on the extent of healthcare challenges in the world but technology is rapidly solving multiple challenges. Now, the time is ripe for extracting analytics from the existing data, and work with multiple stakeholders in the healthcare domain.

Pramod Bhasin, founder, Genpact

Panel Discussion 1- Home and Remote Health care – Digital Intervention

Moderated by – Mr. Suresh Kumar, CTO Wipro GE Healthcare Clinical Operations

Panellists:  Mr. Sameer Mehta (COO&MD, Mehta Hospitals), Mr. Nilesh Jain (Co-founder, Clinivantage),

Dr. Raghuram Mallaiah (Director Neonatology, Fortis la femme), Dr.Dhruv Joshi (Co-Founder, Cloudphysician)

The panel discussion on Home and Remote Heath care- Digital Intervention moderated by Mr. Suresh Kumar, CTO GE Healthcare- Clinical operations, captures an interactive and enthralling discussion on the challenges, issues and the merits of the remote healthcare and the health ecosystem in India.The major advantages of healthcare in India is the use of cutting-edge medical equipment which enhances patient outcomes and the services are delivered at a fraction of cost as compared to other countries. India is also a hub of super speciality hospitals with highly skilled doctors and paramedical staff. This plays a pivotal role for exponential growth of medical tourism and research in India.

 

 

Dr. Raghuram Mallaiah heading the Neonatology department points out that they have set up NICUs across the country, but they do lag in manpower.  An overwhelming response curated by the panellists, focussedon the major challenges faced in the successful implementation of remote care. There is a dearth in the infrastructure, and less money for investments and hence the healthcare industry in tier 2 and tier 3 cities is growing at a slow rate. The staff and the nurses are poorly trained and the hospital in these cities lack experts like radiologists, paediatrician, paramedical staff and other residential doctors. Also, the disparate data that is generated by the services and devices, should be handled effectively. The solutions that were discussed were establishment of a command centre and a business model in the form of hub and spokes. The solution should cater to the problem statement. The workflow should adapt the technology and not the other way around. There should also be a clinical decision support software which integrates the medical device data, patient records and should be able to predict critical problems.

 

 

Sponsor Session- Google Cloud Platform for Healthcare and LifeSciences

Mr.Animesh Saraf (Regional Lead, Google Cloud Platform)

Animesh talked about data being the key element in bringing the whole ecosystem together. A 360-degree view of the patient helps one understand challenges & determining the course of treatment. Currently, data collection is disparate and must follow compatibility – the ultimate motive of Google is to organise this information and make it accessible and useful for everyone. He further delegates the importance of security of this information and its integration to legacy systems in a healthcare organization, and talked about a healthcare API designed by Google to inject the disparate sources of data and maintain interoperability. He also talks about machine learning algorithms and other predictive data modelling paradigms that can help in speech to text conversion and multilingual voice recognition for instant digitization of medical records. He spoke about a trained model in diabetic retinopathy to detect a human eye with severe damage. He mentioned about Verily, a Google spin-off that focuses on factors in affecting a person’s health based on his vital parameters.

 

 

Panel discussion 2- Digital Intervention in Patient Lifecycle Management

Moderated By: Sumit Puri, CIO, Max Health

Panelists: Rajiv Sikka (CIO, Medanta), Dr Sachin Malhotra (Tech Care 4 All)

Dr Deepak Agrawal(Professor – Neurosurgery & Gamma Knife, AIIMS), Ashish Gupta (CEO, DocPrime)

Sumit Puri initiated the session by touching upon four important aspects in patient life cycle management – patient safety, customer convenience, cost and revenue management. The panelists elucidated examples from their professional journeys that resonated with the theme of the panel. Rajiv Sikka talked about the need to digitize patient records to a single device or portal. He talked about how Medanta introducing the booking of appointments online, with pre-payment for online slots. This was a successful model, with almost all patients following the model diligently. Ashish Gupta stated that PolicyBazaar approached every insurer on their platform with customized choices on healthcare insurance plans. He believes this is why insurance is making a re-entry – for there is plenty of customer data available to allow personalized options be made. Dr Agarwal spoke about the success of a single window exit counter in OPD – every patient has to pass through this window to enter or leave the OPD, and has to get his OPD card scanned based on which data is collected and actions taken. In a hospital the size of AIIMS which sees nearly three million patients each year in OPD, this system has reduced wait time from 8 hours to 3 hours. He stressed on the need for simple interventions that can go a long way in accelerating process efficiency. For Sachin Gupta, it was a personal experience which revealed the stark difference between planned digital interventions and ground realities in a hospital. Smaller, targeted outreach activities with companies promoting health is one way to create an impact. Eventually, it is about catering to a patient, and understanding him as a composite entity, and applying frameworks accordingly.

 

                               

 

Panel discussion 3- Electronic Health Records- Roadmap for Adoption

Moderated By: Mr. Siva Padmanabhan (MD of AstraZeneca India Pvt. Ltd.)

Panelists: Arvind Sivaramakrishnan (CIO, Apollo Hospitals), Mr. Siddhanth Jena (Co-founder, Janacare),

Mr. Praveen Srivastava (Joint Director, C-DAC Noida), Mr Trilok Chandra (Head of E-Governance, MeitY)

Mr.Santosh Kr Mishra (CEO, Sansys)

The panel was moderated by Mr. Siva Padmanabhan, MD AstraZeneca India Private Limited and focuses on the need for adoption of Electronic Health Records and the issues in the process. Any Electronic Health Record is the foundation of the Healthcare industry and it plays a major role in bringing the merits to every player in the ecosystem. It predicts how the healthcare organisations are performing across the value chain. Ministry of Health and Family Welfare has embarked on the journey to implement EHR in the year 2013 and has witnessed a lot of push for HIS to accept EHR. The driver of EHR, implementation is the long continuum care of the patients in any hospital chain.

Lab investigation reports, x-ray reports and demography generate lots of data load that has to be processed efficiently to get the key valuable insights and define the procedure accordingly. Also, speech to text conversation algorithms plays a vital role in aiding in the doctor’s process and is the need of the hour.As the organisation gets larger, the healthcare delivery system gets complicated and we need a specifically designed system in place to handle all the complicated tasks effectively and guide the people. The same system should be compatible, user friendly, easily portable and in compliance with the regulatory rules. Any healthcare information systems should be compatible with workflow of the organization and the documents should be in structured formats. The panel also brainstormed around the criterion for a successful implementation of the Electronic Health records which are enlisted below.

  • The initiative should be started by public and private hospital chain on a step by step note
  • The software and the technology should understand the business need and the client need.
  • Implementation of EMR should follow interoperability standards and the nomenclature standards
  • The solution should map to the workflow
  • The immediate need of the hour is to focus on the reskilling of the cohort and the accessibility of the data.

Start-up Pitches

Shubhaarogya (Koti Venkat Rao)- KotiVenkat Rao,the founder of Shubhaarogya talked about providing quality and affordable healthcare services in India. Subhaarogya is healthcare delivery organization addressing the accessibility challenges in the rural India. They provide digital diagnostics powered by PHFI, and have built aggregation platform and telemedicine platform to set up e-clinics.

Shubhaarogya (Koti Venkat Rao)

 

Zeolr Technologies(Roshit Gopinath)- The innovative start-up led by Roshit Gopinath caters to the problem of chronic lung disease. The solution addresses by involving real time analysis and insights on report generation for asthma. RespirON, a product of Zeolr is an intelligent asthma and COPD management system.

 

Zeolr Technologies(Roshit Gopinath)

 

Nemocare Wellness Pvt Ltd.(Manoj Sankar)- Operating in the area of mother and child care, the solution provided by Manoj Sankar deals with a wearable on the new born to monitor the vitals to detect Apnoea hypothermia and other distress conditions.

Nemocare Wellness Pvt Ltd.(Manoj Sankar)

 

Onward Assist(Dinesh Koka)- Onward Assist is the state-of-the-art AI platform aiding clinicians to help make better decisions for diagnostics and oncology involving multi model data analytics.Oncologists can now leverage tools for accurate segmentation of risks in the patient lifecycle.

Onward Assist(Dinesh Koka)

 

ChironX (Sambodhi)-ChironX builds intelligent software using AI and deep learning to screen and diagnose diseases of eye, chest including diabetic retinopathy and tuberculosis. It embeds medical diagnostic for screening of human retina and interprets the disease according to the pattern.

ChironX (Sambodhi)

 

Colortokens(Deepak Kaul)-Working in the field of cybersecurity, Colortokens implements the concept of Zero-Trust Architecture that makes detection more reliable and the response more effective. The process provides efficient security, speeds up detection of threat and the associated response and primarily focuses on proactive security.

Colortokens(Deepak Kaul)

 

Fit Galaxy(Rajat Sawhaney, Esha Sawhaney)- An online fitness company helping users get fit with guidance by nutritionists and fitness coaches along with customised nutrition, exercise and lifestyle plans. It focuses on fat loss, muscle gain and preventing lifestyle diseases.

Fit Galaxy(Rajat Sawhaney, Esha Sawhaney)

 

Docvita (Anmol Arora)-Voice enabled AI assistant to manage patient visits and follow-ups in the hospitals and clinics. It helps the doctors in drafting patient prescriptions on doctor instructions. It also assists patients with alerts, reminders on medication in-take and online consultation

Docvita (Anmol Arora)

 

The workshop session concluded with the networking session. The solution seekers and solutions providers had an interactive networking opportunity to explore the use cases in the healthcare industry and the possibilities of engaging with each other.

Social Media links

 

For more details please write to:  LHIF@nasscom.in           Visit our Website: www.coe-iot.com

 

The Evolution of Bluetooth: From Entertainment To Smart Buildings

For most of us urbane mobile users, Bluetooth is a reminder of the “good old days” of the Internet through which we would exchange MP3 files and pictures. Today, it is commonly used in fitness bands, cars and even headsets. But the utility of this piece of technology goes much further.

 

Experts are reckoning the application of Bluetooth in smart buildings.Although the adoption is not largescale just yet, it is on the rise.

 

At the recently held IoT India Expo in New Delhi, there was a session held on the rising significance of Bluetooth mesh as a basis for connectivity in smart buildings. This is a networking structure that uses low-energy networking technology to interact and exchange information. A mesh network is where every single node is connected, allowing the effortless relay of data. While its largely used in industrial automation, it is becoming a reliable alternative for smart buildings as well.

 

More specifically, the current successes are being seen using lighting as the foundation for Bluetooth connectivity.

 

Let’s see how this works with LED lights, which are a common feature in homes and offices today. LED lights are an energy efficient alternative, but with the proliferation of IoT, lights are now embedded with IoT sensors as well. Buildings today are coming equipped with Ethernet cabling, which makes it way easier to connect sensor-embedded LED lights. With an interconnected lighting system using SIG-qualified Bluetooth mesh, these LED lights can be easily lit up without having to reorient a building’s wiring. Since mesh networking involves several nodes, each one acts like a gateway for the original net connection, constantly communicating with one another and amplifying the signal. Unlike range extenders that will likely slow down Internet speeds, mesh networks amplify speed and ensure the entire building is powering on at optimal speeds at all times.

 

The benefits of this efficient system of mesh networking are many. Bluetooth mesh networks can provide a wide range of coverage, interoperability, device monitoring &control, low energy consumption and most importantly, compatibility with mobiles, tablets, PCs and laptops.

 

For instance, the Van Gogh Museum in Amsterdam recently replaced their halogen lighting systems with Bluetooth-enabled LED modules. Now, the museum’s lighting is controlled by Bluetooth switches. In addition, the museum also added Xicato sensors which use Bluetooth technology to broadcast data including occupancy, lux levels, temperature and humidity levels – parameters whose management is critical to retain the quality of the priceless works of art.

 

US-based retailer Target, during the revamp of its stores, is installing Bluetooth beacons in its new LED light fixtures to enable location and navigation. Once completed, this will be one of the largest deployments for a lighting-based indoor positioning system.

 

Scalability of Bluetooth Mesh

At the IoT Tech Expo in Amsterdam, Bluetooth SIG Technical Program Manager Martin Woolley spoke about the introduction of Bluetooth Mesh in 2017 and how it is a wise choice for smart building deployments. As of 2018, there were 10 million Bluetooth devices being shipped everyday and 34,000 companies support the use of the technology. A Bluetooth Mesh can support up to 32,767 nodes per network, sending hundreds of multicast messages per second. This range of scale can be achieved through multiple techniques including multi-hop messaging – where messages can “hop” across the network to the furthermost edges. According to Woolley, these devices can communicate with one another even when out of radio range.

 

Security Concerns

With the exponential proliferation of IoT comes the concerns regarding security. Reports of malware attacks and cybersecurity lapses in businesses make headlines every day. The industry is cognizant of these concerns, and Bluetooth Mesh offers a reliable solution. Bluetooth products essentially must support same security features, and a single compromised device cannot debilitate an entire network. Moreover, only members of the same network can communicate, mitigating the chances of a rogue device to connect.

 

So far, the lighting industry has seen the success of applying Bluetooth Mesh to lights. According to ABI Research, annual commercial smart lighting equipment shipments are expected to increase fivefold by 2022. 40% of all connected end points will be smart lighting based by 2021. Already, industries like retail, healthcare and travel are testing this technology in pockets, and furthering the use of Bluetooth Mesh for smart buildings.

 

With security, safety, connectivity and reliability being paramount to the success of a technology like Bluetooth Mesh, industry experts are optimistic that it will play a transformative role in the smart buildings industry in the near future.

Get Set, Co-Create: This Startup Is On The Fast Lane To Innovate With Mercedes’ Startup Autobahn

The world, as we know it, is evolving at breakneck speed and technology is at the core of this rapid digital transformation. Every day, companies and entrepreneurs break new ground in innovation and push the boundaries of technology a bit more. In order to sustain the pace of innovation that is truly transformative and disruptive, companies and startups have to find scope for collaboration.

 

This concept called Co-Create has been propagated by economists and industry experts worldover. The World Economic Forum cites the example of Europe, which boasts of an innovation-driven ecosystem and is reaping its benefits. Its economic growth rate is higher than that of the USA and the growth forecast for the future looks optimistic. This change is largely propelled by the changing nature of businesses in the region, who are now adopting a more collaborative approach towards startups. “Partnerships between incumbent players and startups are the way forward for the Fourth Industrial Revolution to be sustainable in the long term. I’m talking about a model where start-ups use technology to add value to existing players without necessarily disrupting them. Deliveroo does exactly this with restaurants, Gett with taxis and Opportunity Network with corporates and banks” said EnricaSighinolfi, Opportunity Network

 

This is easier said than done, but companies around the world have initiated efforts to bring about a bigger sense of collaboration between innovators to solve specific, customer-relevant problems. The scale and reach of a corporate combined with the high Innovation Quotient (IQ) can be an unstoppable force for the Fourth Industrial Revolution. For instance, Startup Xchange works with DBS Bank to bring onboard startups that can address tailored, specific needs of the bank. Since its pilot, Startup Xchange has matched 21 startups with units within the bank and its various SME clients, resulting in more than 10 emerging tech solutions being rolled out and more expected this year.

 

Startup Autobahn Seeks Industry-Specific Solutions

Its early days for India when it comes to co-creation, but it is being aggressively pursued by large enterprises. Today’s breed of technology startups are riding the wave of innovation, but require immense help in scaling their technologies. And this is where enterprises and companies can play a definitive and transformative role.

 

Recently, Video analytics platform Veda Labs, incubated out of NASSCOM Center of Excellence Gurugramwas shortlisted by Startup Autobahn – the co-creation arm of Mercedes Benz Research & Development India – to develop a host of solutions in the areas of analytics and other technologies pertaining to connected vehicles.

 

Per the process of Startup Autobahn, Veda Labs among 11 other shortlisted startups will work on pilot projects with core members of Daimler’s departments in future.

 

The Beginning:

Veda Labs founded in 2018 is an AI-based organization that harnesses computer vision, machine learning and IoT to provide analytics across various platforms, So far, the startup has analysed 10,505 hours of video content through 103 camera feeds and has built 14 custom-made alerts based on data obtained from video feeds.

 

The startup’s uses computer vision and AI to detect the total number of humans in a retail or warehouse setup, provides a demographic overview of customers with information on gender, age group and emotions. While this solution fits in the mould of the retail sector quite naturally, it has found a place for applicability in the other sectors as well.

 

Cofounder Vivek Singh says. “We are a pure play technology solution provider who can provide scalable solutions based on an existing market need. We are working with our initial set of clients to scale the platform and provide industry specific scalable solutions. Additionally, we are working on India-specific market challenges while scaling up the company in Europe and North America region.”

 

Singh maintains the status quo that the utility of technology should be industry-agnostic, for wider application. His AI platform is no different – while he may have started out by providing his solution to retail, he believes the platform can be suited for other industry needs as well. Currently, Veda Labs is working with two of India’s leading names in cement manufacturing and retail.

 

Veda Labs is incubated out of NASSCOM Center of Excellence IoTGurugram

AI for an Eye Makes The World Better For The Visually Impaired

The world has 285 million visually impaired people – of these, 39 million are blind, and the remaining have varying levels of impaired vision. And as the world population grows, as will the numbers of visually impaired individuals. Lancet Global Health estimates that the number of blind people in the world is set to triple by 2050.

 

While in some cases, partial impairment can be treated or even prevented from escalating into complete blindness, the alternatives are far less optimistic for most individuals who are totally blind. But thanks to the advent and proliferation of technology, its not a dark road entirely for those without sight. With the use of technologies such as IoT and AI, Gurugram-based startup TorchIt is lighting up lives of many.

 

The cofounders Hunny Bhagchandani and Mohit Chelani have it taken it as a mission to empower the visually impaired community. Their product Saarthi helps the blind navigate across various environments – be it a closed room or a crowded road. The next version of Saarthi is AI-enabled to auto-sense the environment for obstacles. For instance, if a person is walking from his room to the lobby and then to an open area, the device would sense at every interaction of a new environment and change the range setting to match for an effective navigation.

 

Users can toggle between three range sets – low (2 feet distance), medium (4 feet distance) and max (8 feet distance). Saarthi has a 99.7% accuracy level, and has been tested on more than 1,200 users. The device has gained accreditation from the National Association of Blind, and Blind People Association for being an innovative and impactful product. The device is being used by more than 8,000 visually impaired individuals in Gujarat, Rajasthan, Mumbai and Delhi. Bhagchandani and Chelani hope to empower more than 1 millionlives in the next two years.

 

Saarthi has won accolades across multiple platforms including being theTop 5 promising social start-ups awarded by PM ModiMillennium Alliance Round 5 award – TDB, USAID & UK Govt., Social Acceleration awarded by IIM Ahmedabad and IIGP 2.0 winners

 

Other Products In The Pipeline

While Saarthi is a hugely successful product, the team is already working on other products such as Jyoti and TakeNote. Jyoti has the essence of AI, ML & IoT at its core through the features like Offline Image Processing, Audio Video calling. There is also an SOS button, which will send a message to nearest blind school/institute and the police station to rescue a blind person in need. TakeNote is a product being developed in association with IIT Madras. It it being designed to be a simplistic and affordable device to take notes from anywhere and then have them transferred into any computing device for editing or publishing, providing a digital notebook to every blind person to safely store their notes and have them edited from connecting to any device.

 

CSR Project with HDFC Gruh Udyog & Oil India

TorchIt along with HDFC Gruh Udyog recently conducted a CSR Project in Bhopal for distribution of 1,000 of Saarthi devices to blind & visually impaired people there. Beyond that, they have also received a CSR Project collaboration with Oil India for distribution of 2,000 more of Saarthi devices. In addition, the team is engaged in discussions with Rajive Gulati, head of Hartron Multiskill Development Center, Startup Hub and CoE IoT Gurugram to carry out a pilot project in Haryana.

 

Torchit Goes To South Korea & Africa

Torchit was recently incorporated in South Korea with support from NIPA after being chosen as the one of the Top 40 startups in the Korea Startup Grand Challenge 2018. In addition, the company is collaborating with companies in the development area Dot Inc, one of the biggest manufacturer of smart watches for the blind in Korea.

 

During their recent visit to Kenya, Tanzania and Malawi, they have tied up with multiple organisations including Kenyan Society for the Blind, Hope Tech + and Safaricom. After meeting with key government officials, they are hopeful of taking the product to every corner of Africa.

 

TorchIt is being incubated out of the NASSCOM Center of Excellence IoT, Gurugram

Baby Steps Towards A Better Future

Parenthood is believed to be one of the biggest joys in the world, and every new parent wants nothing more than a healthy baby. Baby Rajesh’s parents too were ecstatic when he was born, but their joy was short-lived when they found that Rajesh weighed less than a kilogram at birth. Chances of survival with such low birth weight was close to impossible. Baby Rajesh’s parents were overjoyed when Dr.Jagadishwar saved their baby miraculously.

 

But it was not the end of the road for baby Rajesh.

 

Two years later, he was diagnosed with cerebral palsy, presumably due to multiple apnoeic episodes in the time he spent in the hospital fighting for survival. If only Dr.Jagdishwar had some way to tell him the distress baby Rajesh’s fragile body was undergoing, timely medical intervention could have been done. Now, baby Rajesh has to spend his life as a cerebral palsy patient.

 

This incident jolted Manoj Sanker and PratyushaPareddy, bio design fellows at the Centre for Healthcare Entrepreneurship at IIT Hyderabad, to think how they could provide a solution to doctors like Jagdishwar to monitor patients at critical junctures and ensure they receive timely help.

 

Sanker and Pareddy eventually started Nemocare Wellness in July 2017 to build monitoring tools that would eliminate the chances of neonatal and maternal deaths. They use unobtrusive wireless wearable sensors and networks, analytical algorithms and big data as tools to provide  continuous, high resolution monitoring and preventive care for every patient in hospital, and at home. The use of design thinking principles to build life-saving technologies will transform the way healthcare is delivered, believe the founders.

 

Globally, three million babies die in their first month of life every year, and 98% of these deaths occur in the developing world. In India, approximately 3.6 million premature babies are born every year and out of them, 40000 babies die. Premature babies are susceptible to a variety of life threatening conditions such as apnea, hypothermia and respiratory distress – causing either death or some form of morbidity.

 

Almost all of these deaths are preventable with timely treatment. However, hospitals in the developing world are severely challenged by limited resources.They cannot afford the expensive equipment, which are usually bulky and unsuitable for continuous monitoring. Moreover, they have a high rate of false alarms; forcing nurses to visually monitor the babies. In low resource settings, where one nurse cares for about 40 babies,she will not be able to give equal attention to every baby. Most distress conditions often go unnoticed, causing irreversible injury to the newborn and sometimes even lead to death.

 

If a child has to be monitored continuously, they have to be isolated and hooked to wires – which hinders breastfeeding and kangaroo mother care – which in turn hinders growth and recovery.

 

The NemocareRaksha  is an IoT enabled smart wearable on the baby’s foot which monitors vital parameters like spo2, heart rate, respiration rate, body temperature and body position that will provide a comprehensive picture of the baby’s health. The data is then transmitted to the cloud, which can be accessed at a central monitor by which the nurse or doctor can continuously and remotely monitor all the babies through a single interface

 

The entire system along with Nemocare’s proprietary deep learning algorithm works as an intelligent platform that will track the baby’s health in the most accurate way possible and give only insightful notifications and alerts to healthcare workers to enable timely intervention when a distress condition is detected.This platform collects, stores, visualizes and analyses the data generated, enabling a paradigm shift in clinical diagnostics and preventive care through a data-driven approach. Inherently, the data may be used in real time to provide early warning scores or other predictive indicators, and used offline to develop new predictive algorithms.

 

Currently, the company is doing closed pilots for evidence creation and regulatory clearances with two public hospitals and two private hospitals.Nemocare plans to monitor and save nearly 900,000 babies through their 21,000 deployed devices over the next five years.

 

With Digital Propulsion of Universal Healthcare as the theme of the upcoming Lifesciences & Healthcare Innovation Forum (LHIF), here’s your chance to witness the success of innovations such as Nemocare.

 

For Sponsorship Queries, contact Arjun Alva (arjun@nasscom.in) and for General Queries, contact Vijetha (vijetha@mail.nasscom.in)

Your Local APMC-Mandi Just Got Smarter

A mundane task like vegetable purchase involves scanning through piles of produce, and visually assessing its freshness and quality. How about replacing this abstract assessment with real-time data-driven analytics?

 

Gurgaon-based AI startupIntello Labs is bringing to the fruits & vegetable seller the true power of Artificial Intelligence by pioneering the concept of digital commodity grading using data.

 

It was in mid-2016 that the Intello Labs founding team – Milan Sharma, Nishant Mishra, Himani Shah and Devendra Chandani – all hailing from data science and big data backgrounds were keen on innovating in newer tech likemachine learning and artificial intelligence. After some initial kinks, they finally settled on agriculture as a focus sector. Cofounder Devendra Chandani says, “Even though agriculture is a large industry in India, the extent of technology penetration to address grassroot level challenges is relatively low.”

 

Despite the massive strides India has taken in technology in the last two decades, it is conventionally been an agrarian society. Nearly 60% of India’s 1.2 billion depends on agriculture as a primary source of livelihood. Yet, the level of technological prowess in the sector has not matched the industry’s size. While largescale food processing is being executed with high-grade machines, grassroot level issues exist within the ecosystem, which have been overlooked for decades.

 

One of the foremost challenges is assessing the quality of produce in fields and at local mandis. This is done manually most of the time and is subject to human bias. Often, it’s the farmer who suffers from this lack of standardization as he seldom gets the fair price for his labour. “While the government has increased MSPs from time to time, there is no scientific way to measure the quality-price premium of a commodity,” says Chandani.

 

Intello Labs uses advanced image recognition technology and AI to analyse this data to provide actionable insights. Using the Intello Labs app, a user can take a picture of a commodity and upload it on the cloud. The AI algorithms grade the sample and send the results to the app.

 

The AI platform reads nearly 1 million images daily, and currently works for wheat, cardamom, tomato, potato, onionsand other fruits and vegetables. Chandani says, “We are working on adding one new commodity per month. The technology has reduced the time taken for quality testing from 15 minutes to less than 2 minutes, and provides an accuracy rate of 95%.”

 

Intello Labs works with retailers, and is already present in three other countries. Currently, the company is also working on some pilot projects with governments.

iot india

When All Else Fails, This Internet Network Can Bail You Out Of A Crisis

IoT is one of the hottest buzzwords in technology today. Yet, how many us really know how the magic happens between devices? It takes a seamless WiFi connection to make this happen – but this isn’t alwayssimple.

 

Traditionally, all devices – be it laptops, tablets, mobile phones – are connected to a central node, which is usually a WiFi access point or cellular base station. For instance, if you want to send an email to your co-workers, the message travels through a network of central nodes and finally reaches the email server. If one of your co-workers isn’t connected to a central node (or simply doesn’t have Internet access), he isn’t going to be receive that message.

 

So what happens when one is struck by a natural calamity? Usually, one of the first consequences is all communication networks fail, leaving thousands in peril. In comes a handy solution called a mesh network – a collection of network nodes that act independently as a switch to relay information. Instead of relying solely on a central hub, an existing mesh network will act as a backup, effortlessly continuing the communication pathways regardless of a fallback in Internet connectivity. If a link fails due to poor signal or some other obstruction, a mesh network will send the message through an alternate channel to the receiver.

 

This kind of technology is path-breaking and is currently being created out of the NASSCOM Center of Excellence by a startup called Wisense, an acronym for Wireless Sensor Network Solutions. Founded by Ramachandran Anantha Krishnan in 2015, Wisense is one of the few startups in India that is developing wireless mesh networks.

 

Wireless Mesh ForIoT

As fascinating as mesh networks sound – it begs the question as to why it is relevant to the IoT industry. Let’s take a step back to look at India’s Internet story so far.

 

With nearly 500 million users, India’s Internet market is second largest in the world after China. According to Statista, there will be 635.8mn Internet users in India by 2021.

 

Yet, less than 30% of the population accessed the Internet in 2016, only 26% in 2015 and 21% in 2014. The numbers drop as you go back in time.

 

Despite a massive user base, the levels of Internet penetration in India is limited. And the fall in numbers can be seen in remote areas of the country more than the larger cities, where users are spoilt for choice in terms of Internet Service Providers.

 

On the other hand, the IoT market in India is rapidly growing. NASSCOM data states that the IoT market in 2016 was $1.3bn with 60mn installed units, and can reach $9bn by 2020 with 1.9bn installed units. Despite making a delayed entry to the IoT market, India has fast risen as an IoT hub due to the sheer numbers of connected devices. But let’s not forget that Internet penetration still remains a challenge in several parts of India, and this is where a mesh network can greatly help.

 

Wisense is manufacturing low-power, wireless sensor nodes that operate on 865-867 MHz band, which is known to be a cost-effective and reliable enabler of IoT. More than 70 sensors have been interfaced to Wisense nodes. Compared to the more popular 2.4GHz ISM band, the 865-867 MHz band is free of congestion, has a longer range and higher levels of penetration.

 

The company currently manufactures and sells:

  • Wireless sensor nodes and gateways with multiple backhaul options such as WiFi and GSM/GPRS.
  • Wireless temperature/RH/pressure and soil moisture monitoring solutions
  • Wireless load cell interface for remote weighing applications
  • Solar power supply unit for powering outdoor wireless sensor nodes

 

Wisenseproducts are already being used by Hindustan Unilever for asset tracking and for a pilot World Bank project that’s using IoT to increase the efficiency of irrigation for paddy and wheat crops in West Bengal. In addition, their nodes are also being used for a weather monitoring system being developed by IIT Mandi in Himachal Pradesh.

 

IoT Enabling Social Impact

 

Local mesh networks are immensely useful to continue communication even without the presence of the Internet, and automatically becomes a very useful tool in natural disaster management, accidents and in remote areas.

 

One of the most popular examples of wireless mesh networking is Firechat – a proprietary mobile app developed by Open Garden that uses wireless mesh networking to help smartphones connect via a peer-to-peer system. With more than a million installations, Firechat has becomes one of the highest ranked social networking apps.

 

During a shake drill in Manila, Philippines with a density of 700 users per sq km, nearly 80% of users received messages through Firechat while less than 35% received messages from nearby cellphone towers and servers. In India, Firechat was able to bail victims out of disaster zones like Kashmir and Chennai, which were ravaged by floods.

 

Mesh networks could very well be the answer to powering India’s next billion Internet users, without the Internet and Wisense is potentially at the precipice of a massive opportunity to revolutionize the Internet.

Oh Baby! Deep Technology Learns To Rock

Did you know that during the first year of a baby’s life, parents sleep an average of just six hours a night? Imagine juggling a job, your home and a baby with less than six hours of sleep everyday. Sounds like a nightmare, doesn’t it?

 

In today’s fast-paced world, taking care of a child has become highly demanding and one of the biggest challenges new parents initially is ensuring the baby has a proper sleep cycle. The rise of nuclear families in India, long working hours and inflexible maternity & paternity leave policies at the workplace has left young parents stressed out and sleepless.

 

This was the reality for Radhika and Bharat Patil, who experienced firsthand the challenges of caring for a newborn when they had their first baby.This led them to develop a one-of-a-kind smart cradle, which has sensors designed to detect even the slightest movements of a baby and instinctively rocks the child back to sleep.

 

How does the cradle detect movement and react responsively? Through the magic of cutting-edge technologies including AI and IoT.

 

A combination of hardware, software and deep tech makes the Smart Cradle an all-in-one device that can provide responsive soothing to a baby, detect loud sounds outside the cradle, constantly monitor the sleeping child and send updates to the parents through an app.

 

Deep Tech For Deep Sleep

 

The founders have managed to capture multiple innovations within one cradle, making it a comprehensive solution for newborns and parents.

 

Some of the features include Responsive soothing, where smart sensors look for early wake-up signals in the baby, following which the cradle automatically rocks the baby back to sleep along with soothing music. Moreover, the cradle decodes the baby’s sleep patterns and creates personalized sleep recipes for the child. External loud sound detectionsensors allow for effortless detection of sudden, loud external sounds that could disturb a child, and the cradle begins to rock the child immediately.

 

New parents often worry if their newborn is sleeping right – specifically to ensure if their baby is breathing properly while sleeping or if there is any kind of physical discomfort in a crib or cradle. Cradlewise also provides a Contactless Baby Monitor, which detects unsafe sleep postures, and obstruction to breathing among others.

 

While there are several cradles in the market, most of them make a lot of noise while being rocked. Cradlewise uses a patented technology to ensure the swinging of the cradle is noiseless. Moreover, the rocking mechanism is rather gentle and also doesn’t use much power.

 

Keeping in line with the tech-savvy generation of parents, Cradlewise has an app that provides constant updates on the baby to the parents. Currently, the app is designed for Android devices.

 

Baby-Friendly Features Makes CradlewiseA Desirable Product

 

While the technology used on the product is cutting-edge and is intended to make life easy for the parents, there are other features that make it an equally amenable option for babies too. One of the most unique features is a hammock-based cradle that keeps the baby snug, distributes the weight of the child evenly (avoiding any pressure on the head) and even comes with a soft net keeping insects at bay, and allowing the babies to breathe easily.

 

Growing children and of course, adults, are accustomed to silent environments to sleep better but its this very silence that’s highly unnerving for babies. While in the womb, babies are accustomed to “whooshing” sounds that are rhythmic and soothing. It takes some months for a newborn to grow out of these sounds. Cradlewise mimics these womb sounds, also called White Noise, allowing a baby to sleep well. Additionally, the app comes with some generic soothing musical options to facilitate better sleep.

 

Twinkly night lights, synced to the beats of the music, present on the roof of the cradle help keep a baby distracted while in the cradle too.

 

Cradlewise has been part of NASSCOM Center of Excellence since April 2017.

BFSI – Strategy Innovation Group (BFSI-SIG)

 

 

Mobilizing Industry Insights forApplication of AI in BFSI

 A NASSCOM CoE initiative

 

There was a time in India when going to the bank meant spending at least half a day in a long queue, waiting endlessly for a user’s financial details to be updated in paper passbooks and ledgers. The bank of today is completely different – its digitized, fast and also, smart. Smart is a simpler way of denoting the extremely intuitive and efficient manner in which banks are processing huge amounts of user data. Banks are now providing smart chatbots, personalized services, preventive maintenance, fraud detection and more, to enhance customer experience and improve operational efficiency.

 

Increasingly, the use of AI and ML to various functions within banking and financial services (BFSI) has revolutionised the industry in India.

 

According to data provided by NITI Aayog and Accenture, AI can boost corporate profits by 38% by 2035, potentially adding $1 trillion to the economy. Specifically, AI is expected to have far-reaching impact on the financial services industry on traditional cost bases:

 

  • Banking Industry will witness a $450bn impact by AI
  • Investment Management will witness $200bn in AI impact
  • Insurance Industry will see a $400bn impact thanks to AI

 

In order to affect change within the industry and catalyse a difference in approaching business challenges, new solutions need to be more economically impactful than the current traditional cost base.

Over the past 7-8 years, there has been an immense amount of traction in the Indian fintech industry. Fintechs such as Paytm and Mobikwik brought to India the first wave of innovation by providing mobile wallets and payment options. Slowly, there has been an infusion of fintechs dabbling in provision of financial services such as credit to SMEs, insurance, remittance and accounting. A billion-strong population has enabled the stupendous growth of these fintechs, and VC confidence is testimony to the same. In 2012, VC funding in fintechs stood at $22mn while in 2015, the number rose to $1580mn – the highest to date. At 29%, India offers the highest rate of return on fintech projects compared to the global average of 20%.

 

But now, the time has come to take this burgeoning industry to the next level by leveraging the power of technologies like Artificial Intelligence & Machine Learning. While the innovation in the BFSI industry right now is largely restricted to chatbots, experts believe that this is just the “tip of the iceberg” – and a whole new world of innovation awaits the new-age customer. AI and ML applications can be used to aid decisions on transactions, wealth management, insurance policies, review & monitor financial fraud and so much more.

 

 

In light of accelerating innovation in BFSI, NASSCOM CoE has formed a Strategy Innovation Group (SIG) and first roundtable meeting with thought leaders in the BFSI industry was held on 5th March 2019, where the goal was to mobilize traction in the industry to take innovation to the next level.

 

Highlights of the BFSI-SIG:

 

  1. Mobilize AI and Fintech Startups

Common observations around the group concluded that while innovation is definitely on the upswing with financial startups in India, there needs to be consistency and quality to match up to existing enterprise standards. The reach of India’s BFSI cannot be overlooked, and it would bode well for startups to work with enterprises in a more integrated manner to affect change in a horizontal and vertical manner. The added expertise, wealth of experience and industry connections that enterprises have can massively be leveraged by startups, which are spearheading innovation.

 

  1. Bridge the Gap Between Problems & Solutions

A pertinent observation made by some members of the group was that startups were creating more problem statements to solve, rather than analysing how to provide solutions to existing challenges in the financial sector. The need of the hour is domain-specific, horizontal innovation. In this aspect, NASSCOM CoE can act as a conduit between enterprises and startups to create a repository of existing challenges within the enterprises, and roping in the most appropriate startups to address these challenges.

 

  1. Data Management Critical In FS

Without data, innovation in AI will not happen. However, the rules of data management in India still need to be chalked out properly. With regulatory approvals being put in place in light of growing cyber-crime and financial fraud, having systematic checks and standards in financial data management is critical. With inputs from a cross-section of BFSI industry bodies and decision-makers at the government level, there can be a regulatory data management framework in place for enterprises and startups looking to innovate in this space. NASSCOM CoE can tap into its existing networks and expertise to mobilize data management standards and protocols.

 

  1. Innovation in other tech like Blockchain & IoT

According to some members of the SIG, innovation in areas like blockchain and IoT among startups is yet to take off. These technologies can be hugely influential in navigating the curve of innovation in BFSI. A nudge in this direction could be beneficial for deeptech startups to enhance their working capabilities, and for banks & financial institutions as well who can lend their data and existing infrastructure to support the growth of such technologies. A right step in this direction would be initiate consortium dialogues.

Current Members of BFSI-SIG:

Participant Member Company Name Designation
Deep Thomas Aditya Birla Management Corporation Group Chief Data and Analytics Officer
Manas Dasgupta ANZ Head of Wealth Technology India, ANZ || Chairperson of ICT &3i Committee, BCIC || Innovation Leader & Diversity Champion
Sandeep Varma DBS Bank Head of Innovation, India
Hari RAJAGOPALAN HSBC Senior Vice President – Sales | Global Liquidity & Cash Management
Ramya Padmanabhan HSBC Innovations Lead – Commercial Banking | Global Transformation Centers
Dr. Vadlamani Ravi IDRBT Head, Center of Excellence in Analytics
Venkat Kumar Kotak Mahindra Bank Vice President at Kotak Mahindra Bank, Inventor, Head of Innovation Labs & Fintech Collaborations
Manish Jain KPMG India Partner – Digital Consulting | Fintech | Digital Ledger | Transaction Banking | Innovation
Arun Mehta Royal Bank of Scotland (RBS) Head of Data & Analytics – Digital Engineering Services
Sonal Tivarekar Swiss Re Head Strategic Initiatives & ARC Bangalore | Sr. Vice President | Global Business Solutions
Ramakrishna Vempati Thomson Reuters Lead Innovation
Rajesh Gupta Nasdaq (India) MD
Suresh Iyer Nomura Services India Pvt. Ltd Executive Director, Head of Enterprise Data Management

 

 

 

 

 

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