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Part 1: Securing IoT with Asset Management

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Asset management is the process of keeping track of physical assets and information. Depending upon the business, physical assets can be IT devices, different kinds of equipment, tools or vehicles, etc. Traditionally, industries like Oil and Gas, Manufacturing, Logistics, Transportation, Heavy Machinery and Construction, Equipment Rental, etc. that are known to be asset-intensive, are limited by lack of visibility of their assets. Such industries continuously work towards tracking their Return on Asset (RoA) and are interested in monitoring its assets which includes the task each asset is performing, whether it is being overloaded or under-utilized, the current location of the asset, the lifetime value of the asset, etc. Most of the companies in these sectors are either using or planning t...

How to Leverage IoT in Software Development Industry

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The Internet of things aka IoT undoubtedly has been a revolutionary breakthrough in today’s highly connected and technology-centric era. For most of us, IoT has been associated with ‘smart home’ concept. Unfortunately, very few are aware of the possibilities and benefits of IoT for the business landscape. Yes, IoT holds the potential to offer some real and tangible benefits that just go beyond the smart home concept. Coupled with mobility, IoT is redefining consumer experience and business processes as we see it today. Today, we have AI-powered apps that have been driving the digital era offering an optimum experience to the users. Building apps for cloud is a thing of past now. Yes, because IoT is fast catching up as the new normal in the software development industry. IoT is taking the b...

NASSCOM CoE’s Manufacturing Innovation Challenge 2020: What innovation & collaboration looks like in 2020

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The past five months have been a learning like no other. Every business, small or big, has been compelled to think out of the box to ensure their own survival. Specifically, the chatter around Industry 4.0 and building the factory of the future has sped up to become a decisive issue among industries today that determines their sustenance in the future. Pivoting to a digital-first strategy is imperative and the sooner companies adopt a digital-first strategy, the better off they are. Now this is easier said than done, of course. Industry leaders have a plethora of use cases, and are constantly on the lookout for solution providers. Meanwhile, tech startups today are highly competent and are working on a suite of digital solutions that are agile and scalable. However, they seek data and an o...

The Future of PoCs in the New Normal: How Digitisation Will Define Business Strategy?

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Since March, life as we know it has been upended rather harshly. Businesses are facing unprecedented challenges today but leaders believe this is a time for change, and meaningful innovation. Raghuram Joshi, Senior General Manager, Cloud & IoT Implementations at Robert Bosch Engineering & Business Solutions talks about the renewed vigor in virtual Business Process Continuity, the need for digitization across the spectrum especially for SMEs and MSMEs, and how new-age innovators have to spend a considerable time on a proof of concept before approaching a large enterprise to partner with. Read more Welcome, Raghu, first thank you for taking your time and talking to us on the important topic of Digitization and the steps to achieve that.  It is wonderful to have you and looking forwar...

How Automation will impact the way we work?

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I happened to interview IAS officer Aditya Ranjan, who turned his passion for Robotics into reality by creating the COVID Cobot in his district Chaibasa to carry out food and medicine delivery services to COVID suspected or positive patients. It amazed me to see the work he did and I was intrigued to learn more. “The bot performs basic delivery services with ease,” he said thereby reducing risk of constantly coming in human contact with other members. “What is it that the bot cannot do then?” I enquired. “Well it cannot be empathetic. It cannot think of the next best possible creative solution. It cannot perform critical thinking activities. But it helps me and my team members perform these activities instead,” he gushed.     According to the Pew Research Center Survey on ‘Automa...

How the lockdown fuelled Automation?

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Washing Machine versus Hand Wash The washing machine adorns my house by occupying considerable space in the kitchen. Yet, elders in the house preferred hand washed clothes because ‘haath se dhoney par kapde zyada baariki se dhulte aur saaf hotey hai’(the hands do a better job at washing clothes leaving them cleaner than what the machine may not be able to achieve). We’re talking of BC (Before the COVID crisis) when the machine was left lonely, only to be turned to in case of emergency or when bedsheets were to be churned. Little did we know that this loner would soon become our best buddy through the COVID lockdown period effortlessly simplifying the washing and semi-drying process thereby leaving us with more time to focus on other chores. Left with no other alternative of human help, and...

How IoT Can Help Small Businesses

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Internet of things or IoT is a concept that has emerged out of business research and is becoming pivotal for a business’s success. IoT is nothing but a network of devices and their sensors connected to the internet. Businesses have widely accepted IoT and are tapping on the infinite potential that it possesses. Globally, SMBs are fully embracing IoT devices like DA (digital assistants like Alexa and Google Home), and Wi-Fi appliances & thermostats. What is IoT? IoT is opening new avenues for businesses by prolonging the power of the internet beyond electronic devices. When a device is connected to the internet, its capabilities naturally multiply by sending and receiving information from anywhere in the world. IoT makes it possible to automatically collect data through electronic senso...

Analytics & Internet of Things – An alliance to stay!

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Application of Internet of Things and Analytics – The effect of meltdown at one Hemisphere of the universe has a tumbling effect globally. It is thus imperative to be efficient in capturing data about things in real world which would help us to track information reducing loss, cost, forecast substitutes, repair and derive consumer insights. Business generates revenue through a content customer and a start up reaches break-even only when services/products offered comes in the forefront and tried by the general mass. However, to convert these trials into additional repeats, building a loyal customer base and draw new buyers require fuelling of innovation. To boost this innovation, we need to leverage big data, demystify these potential data sets bringing in ample opportunities and gene...

Innovation is critical to drive growth in the post Covid world

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It is said that “Necessity is the mother of Inventions”, this statement becomes even more relevant in today’s times when every business has to look for innovative solutions to function in the new normal. History has shown that innovation during crisis has been a key differentiator for outperforming companies. Innovation the way to grow in the new normal According to a recent McKinsey survey of more than 200 organizations across industries, over 90% of executives expected the fallout from COVID-19 to fundamentally change the way they do business over the next five years, with 85% of the respondents highlighting that the crisis will have a lasting impact on their customers’ needs. Another key insight that is highlighted across industry executives is that the new scenario will also bring new ...

TechVoice: A Product-First Company, Now & Always – How SASKEN Keeps Innovation At Its Core

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An interview with Satish Burli of SASKEN Technologies on retaining core focus on product development and ensuring innovation is always the driving force SASKEN is one of the leading Indian companies with a core competency in product engineering. Tell us about your role as VP & Head of Product Engineering, and what it entails I head Product Engineering Services at Sasken which addresses the entire embedded segment with a strong focus on Wireless technologies, Consumer and Automotive solutions, and Internet of Things. Recently, we have combined the development teams in both our Embedded and Digital technology areas. We believe that when we layer our Embedded and Digital strengths with unique capabilities in Hardware and RF engineering, coming from our presence in Finland, we have the abi...