IOT/AI


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IoT Startup Spotlight: Preva Systems Pvt Ltd

Earlier this year METI ( Ministry of Economy, Trade and Industry in Japan) agreed to fund the travel and related costs of 10 IOT start-ups from India to participate in CEATEC, largest exhibition and trade fair for advanced electronics and IT in Japan. We are proud to announce that 9 out 10 startups who got selected were part of COE-IOT connect program. We are putting the spotlight on these brilliant startups. In this post, we are focusing on Preva Systems Pvt Ltd. What exactly is your Product, customer problem you are trying to solve, core value proposition(s)? Preva has built a robust , enterprise grade  IoT platform called WISE3 . The platform is a HORIZONTAL cutting across different industry verticals . End to end IoT solutions can be built using the platform .  Preva has focussed on tw...

Upcoming report: AI, Beyond the Myth & the Hype

India’s IT-BPM industry has also turned its lens on AI; recent examples include Wipro’s Holmes, TCS’s ignio®, Infosys’ Mana™ and HCL’s DryICE®. AI is expected to generate USD 70+ billion in productivity-led gains for global IT-BPM service providers particularly in the areas of consulting, engineering services, application development, management & testing, BPM and infrastructure services. AI could also open up USD 400+ billion of net new addressable market; ~USD 100 billion realisable by 2020. Keeping in mind the impact that AI is most likely to have in our everyday lives and in business, and the potential business opportunity it has to offer, NASSCOM in partnership with The Boston Consulting Group, has worked on a report “AI, Beyond the Myth and the Hype” that aims to present t...

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IIoT in Oil and Gas: The Real Power It Can Provide

By Tim Shea ARC had the opportunity to attend the 2nd IoT in Oil and Gas event held in Houston a few weeks ago and was treated to a plethora of great presentations and IIoT related companies exhibiting some of their innovative solutions that can, and are, impacting oil & gas operations for the better. There will likely be more follow on blogs in the coming weeks highlighting some of the most noteworthy presentations and discussion points imparted that owner operators, independent E&P firms and related stakeholders should be aware of and consider in their tactical and strategic initiatives if they want to realize operational excellence. Dave Lafferty, President of Scientific Technical Services (and an ARC Associate), emceed the event and kicked off with opening remarks and great int...

Bosch’s Journey to Industrie 4.0

By Deepthi Venkatesh​ The recent ARC India Forum in Bangalore included a number of interesting and insightful sessions about the latest trends in manufacturing. One such presentation was made by Lokesh Payik Head of Smart Manufacturing (General Manager), Bosch, discussed that manufacturing company’s journey to Industrie 4.0 Bosch’s Journey to Industrie 4.0. Lokesh Payik said that despite the current challenging scenario, the future of manufacturing looks very bright and optimistic. In 2012, Bosch began its Industrie 4.0 journey. The company did a survey among 160 operations leaders to gain a better understanding of their perspective on Industrie 4.0. The survey revealed that transparency in theproduction process, real-time updates about the plant, and converting manufacturing into a profit...

Moore’s Law and how big is the internet of things?

The number of connected devices by 2020 will be 20 billion? Or, will it be 100 billion as some forecast? About the spending, IDC is predicting $1.7 trillion by 2020 while McKinsey pegs the number at $11.1 trillion by 2025. This report makes an estimate based on two established ICT industry principles, Moore’s law and Metcalfe’s law. By introducing Geoffey Moore’s chasm theory, and Jeremy Rifkin’s zero marginal cost model, we dig into IoT’s challenges and opportunities, and its social and economic potential. Then, we analyze the hypothesis in quantitative terms. When numbers are applied to the hypothesis we gain insights into why the IoT estimates are so lofty, and how the theorems interact to enable a revolution in the way we go about our daily activities in the near future. Finally, we ex...

NASSCOM reccomended IoT companies travel to CEATEC, Japan

Earlier this year METI ( Ministry of Economy, Trade and Industry in Japan) agreed to fund the travel and related costs of 10 IOT start-ups from India to participate in CEATEC, largest exhibition and trade fair for advanced electronics and IT in Japan. We are proud to announce that 9 out 10 who got selected were part of COE-IOT connect program. NASSCOM Center of Excellence for IoT recommeded 65 startups for this program.  In September, Japanese delegates selected 10 startups out of which 9 were nominated by  CoE IoT. CoE IoT has been conducting events and program, along with its enterprise partners, across India to identify the top IoT startups in India. CoE IoT curated almost 300+ startups to select these 65 startups and then sent them the invitation to participate in the selection process...

When Building the IIoT-Enabled Digital Enterprise, It’s All About Being “Disruptive Ready”

By Craig Resnick​ In an increasingly complex global competitive environment, real-time information is vital to help make decisions that optimize the efficiency and effectiveness of manufacturing enterprises. This also means being prepared to embrace disruptive technologies to acquire this real-time information, even if it can potentially cause radical changes to manufacturing processes. Recent examples of disruptive technologies don’t seem all that new anymore, such as IIoT, as well as cloud computing, mobile devices, social networks, advanced search engines, and big data analytics, as all are increasingly being used in manufacturing and other industrial operations to create the information-driven enterprise. So the problem of optimally managing and best leveraging this abundance of data a...

Will blockchain save IoT?

As the footprint of IoT grows, so does the talk of it not being safe. There are reports of increased cyber attacks and other dangers that lurk in the corners of tomorrow’s technology. Unprotected devices in historically unprecedented numbers can pose a security problem but we may not be that far from the solution either. Blockchain, part of IBM’s Watson offering is not just a solution but also a way of solving the problem. How? Blockchains are secure because they’re distributed records of information. There’s no central repository of data that can be hacked or falsified. Each block in the record contains a computational hash of itself and of the previous block, like links in a chain. Any change to a block requires changes to all subsequent blocks, which makes it hard to fake da...

Unveiling IoT-Revolution in the making report

At the Design & Engineering summit 2016, Bangalore, the Nasscom-Deloitte report on Internet of Things unveiled today. Kevin Ashton, who was present at the unveiling, is the one who coined the term Internet of Things. We will share his inputs with you soon. We have shared a few insights even before the report was unveiled for the public. Today, we are sharing two more datapoints. The complete report will be shared soon too. 1. Manufacturing and Automotive industries will drive the highest numbers in Indian IoT market by 2020 2. Here are a few major players in Indian IoT ecosystem.

The Good, The Bad & The Ugly of Internet of Things

The greatest advantage we have today is our ability to communicate with one another. The Internet of Things, also known as IoT, allows machines, computers, mobile or other smart devices to communicate with each other. Thanks to tags and sensors which collect data, which can be used to our advantage in numerous ways. IoT has really stormed the Digital Transformation. It is estimated that 50 billion devices connected to the Internet worldwide by 2020. Let us have the Good news first: Smart Cars will communicate with traffic lights to improve traffic, find a parking spot, lower insurance rates based on telematics data Smart Homes will have connected controls like temperature, electricity, cameras for safety and watch over your kids Smart healthcare devices will remind patients to take their m...

IoT and Competency of GSPs Drive Growth in The Engineering Services

By Neelam Singh​ Engineering Services (ES) augment and enhance the limited technical talent available in developed and developing countries to reduce costs, improve quality, create new products, and build infrastructure with increased value and shorter time-to-market. In most developed countries, there is a shortage of graduates in the sciences, technology, engineering and math (STEM), and the primary value of Engineering Services is realized through providing these resources.  A secondary benefit involves the savings in terms of less time and money spent. Engineering Services are a strategic activity and a competitive necessity for the adopters.  Schools in India graduate a huge number of STEM trained people, and it has become the leading destination for those needing Engineering Services...