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India's higher education system needs drastic changes to address tech-induced challenges | Daijiworld.com, 13 nov 2018
Inflation lowest in year, but it may not be good news | Hindustan Times, 13 nov 2018
Two Indian supercomputers among top 100 supercomputers | The Economic Times, 13 nov 2018
Privatisation and Higher Education in India | Mainstream Weekly, 12 nov 2018
There's a new programme to tackle rural youth unemployment in India | India Today, 12 nov 2018
Is Dr. AI The Upcoming Go-To Healthcare Practitioner In India? | Businessworld, 12 nov 2018
Agribusiness: The latest sector embracing digital technology | Fortune, 12 nov 2018
Online pharmacies are helping to lower health costs in India | The Economic Times, 11 nov 2018
How higher US interest rates hurt the Indian economy | Livemint, 11 nov 2018
Advocates of private healthcare seek 'public' support | DownToEarth, 09 nov 2018
Science & Technology
Mohammad Anas Wahaj | 15 sep 2018
India's large size with huge population (1.25 billion), substantial part of which resides in rural and underdeveloped regions, brings both challenges and opportunities for implementing healthcare policies and initiatives, both public and private. Over the years ineffective implementation of such initiatives at various levels, has created lopsided infrastructure and uneven development in healthcare. Indian health system also lacks effective payment mechanism and has a high out-of-pocket expenditure (roughly 70%). Adverse health events (health shocks) have considerable impact on India's overall poverty figures, adding about seven percentage points. Health is associated with the overall wellness of the citizens. Good health reflects on the productivity and growth of the nation. More so in the case of India as substantial population is young. India has more than 50% (about 662 million) of its population below the age of 25 and more than 65% below the age of 35. By 2020, the average age of India's population is expected to be 29 years. Aging of this large population will happen at the same time. Having adequate infrastructure is key to avoid a massive health catastrophe for this elderly population in future. Health is also a key issue in the public policy sphere. In the public policy context healthcare issues are often related to accessibility, affordability, socio-economic disparities, healthcare delivery mechanisms, illness and diseases and their impact on society etc. India have a conceptual universal health care system run by the constituent states and union territories. The biggest challenge is to make it accessible and affordable for the overall population. Read on...
Mohammad Anas Wahaj | 31 aug 2018
As the saying goes, 'Necessity is the Mother of Invention' - A temporary ban on firecrackers by Indian Supreme Court, an appeal to scientisits from Dr. Harsh Vardhan (Union Minister of Environment, Forest and Climate Change, GOI) to develop e-firecrackers and social campaigns against their use due to environmental concerns, has driven a team of scientists from Indian Institute of Science Education & Research (IISERM) led by Prof. Samrat Ghosh (Chemical Sciences) to innovate and develop 'green' firecrackers that are safer, smoke-free and reusable. Prof. Samrat says, 'I have filled combustible material in the disposable bottle. This material is ignited with a source, like a spark. The launcher ignites the material which burns and generates pressure, pushing the bottle upwards, like a rocket. This is one of the safest methods of bursting crackers. In the community where I have tested this, even four-year-old kids feel comfortable operating this. Additionally, the combustive recipe in the device is very benign and not at all harmful for the user and the environment.' Regarding additional usage of the invention, Prof. Samrat says, 'From driving away animals in agriculture fields to airports using them to clear runways, the device is beneficial in many different situations.' Read on...
The Better India:
Exclusive: Meet The Scientist Behind Smoke-Free, Debris-Less & Low-Cost Firecrackers!
Authors: Ahmed Sherrif, Gayatri Mishra
Mohammad Anas Wahaj | 22 jul 2018
In a developing country like India low-income groups often lack access to proper healthcare. But, mobile technology can provide ways to enable these groups have knowledge and resources to drive preventative healthcare. Lead researchers, Aakash Ganju (co-founder of Avegen), Sumiti Saharan (Neuroscientist, Team Lead of Design & Research at Avegen), Alice Lin (Global Director of social innovation at Johnson & Johnson), Lily W. Lee (President of Almata, a division of Avegen), explain the research conducted by their team on the digital usage patterns of underserved groups in two urban areas of India, and iteratively tested user interface and content design. Researchers generated primary research insights from more than 250 new mothers and fathers living in low-income communities, and achieve understanding of the core barriers and digital needs of this population. Researchers suggest, 'Embedding health care into digital tools requires that providers overcome contextual barriers and undertake deliberate design processes. To succeed, providers must develop a nuanced understanding of the obstacles to consuming information digitally, as well as glean insights from technology, interface design, and behavioral science.' Following are some insights from the research - (1) Cost is no longer the biggest barrier: In the last year, a strong government regulatory authority has promoted competition and consumer benefits that have rapidly driven down both smartphone and data costs. (2) Infrastructure can overcome any remaining cost barriers: Only 5% of people living in less-connected and less-developed localities owned smartphones, compared to a significant 56% of individuals with similar incomes living in neighborhoods with good mobile network and infrastructure. (3) Digital experiences are not often built for low-income, urban populations: The most pervasive barrier to digital adoption in India today is a lack of knowledge about how to use digital interfaces. Language is also a barrier. India has an overall literacy rate of 74%. However, only about 10% of Indians can communicate in English - the language of the Internet. Local language content is scarce. There are gaping holes in the understanding of early-stage user requirements and pain points, from both the digital interface and content experience perspectives. (4) There is a lack of trust in health-related digital information: Low-income, underserved communities who have not been exposed to authentic digital content often have extreme distrust in digital information pertaining to health. Only 12% of families thought information from digital sources was reliable, compared to more than 90% finding information from doctors and mothers to be most, very, or somewhat reliable. According to researchers, to truly meet the needs of underserved consumers, providers must focus on the following areas - (1) High-quality content: To engage users on digital platforms, providers must use differentiated content that connects with a user's specific journey. The form, tone, and continuity of content matters. Video formats optimized for small, low-quality displays are most effective in driving engagement. When visual formats are not feasible, audio formats are the next best alternative. Understand the environments in which users consume health. Include local elements in the content, like referring to local clinics etc. (2) Behavior change: Engaging users is vital to directing changes in consumer health behavior. It's important to be deliberate about the design of the user journey. Offering incentives for content consumption, sharing, and specific health-related behaviors can help nudge users toward desired health-related behaviors. (3) Technology: Mobile apps need to be light and fast, have low memory and data requirements, and be able to run on slow and patchy networks. Display data consumption frequently, enhanced ability to view offline content and share content within community is important for engagement. (4) Design team structure: Multidisciplinary teams that bring together expertise in technology, design, business and sustainability, end-user thinking, and behavioral sciences tend to create the most effective designs. To design for the end user, providers must design with the end user, particularly for populations who are not digitally fluent. Teams should develop a thinking environment and processes that allow for hypothesis development, application design, testing, analytics, and retesting in rapid, parallel, iterative cycles. Read on...
Stanford Social Innovation Review:
Expanding Access to Health Care in India Through Strong Mobile Design
Authors: Aakash Ganju, Sumiti Saharan, Alice Lin Fabiano, Lily W. Lee
Mohammad Anas Wahaj | 22 may 2018
Artificial Intelligence's (AI) potential for healthcare transformation is becoming visible. AI health market is expected to increase exponentially from US$ 600 million in 2014 to US$ 6.6 billion by 2021. Rana Kapoor, MD & CEO of YES Bank and Chairman of YES Global Institute, explains how AI can redefine and revolutionize healthcare and transform existing healthcare sytems into 'smart wellness' delivery mechanisms. In the context of India, he says, 'With the Indian healthcare market estimated to grow to US$ 372 billion by 2022, coupled with growing healthcare needs of a 1.3 billion strong population, successfully leveraging AI, is vital to catapulting the 'healthcare of today' into the 'health-tech of tomorrow'.' He provides four ways AI can catalyze change in healthcare - (1) Economising healthcare costs through machine learning and big data. Integrating big data with wellness could potentially save the healthcare industry up to US$ 100 billion per year. (2) Merging cognitive computing and healthcare can potentially mitigate estimated global shortage of 12.9 million healthcare professionals by 2035. AI-powered applications can augment the services of physicians and expand healthcare outreach at affordable costs. (3) Enhanced diagnosis and identification of diseases. Through algorithms and analysis of big data patterns, AI can detect trends to enhance disease diagnosis and create treatment plans in order to efficiently streamline the healthcare needs of a patient. (4) AI and Internet of Things (IoT) can lead to personalization and more patient-centric approach to healthcare. Wearable gadgets powered by AI can capture and store health data of individuals and play an important role in preventive treatment. Mr. Rana further suggests, 'In India, where we rank a lowly 154th in the Healthcare Access and Quality Index, we must make collaborative efforts to unlock the potential of AI to create an enabling health technology ecosystem to match demand, optimise costs, and demonstrate value.' Read on...
Mohammad Anas Wahaj | 29 apr 2018
According to the report by Indian Council for Research on International Economic Relations (ICRIER), 'Anatomy of an Internet Blackout: Measuring the Economic Impact of Internet Shutdowns in India', 12615 hours of mobile Internet shutdowns in India cost the economy approximately US$ 2.37 billion and 3700 hours of mobile and fixed line Internet shutdowns in India resulted in a loss of approximately US$ 678.4 million during the period 2012 to 2017. Most affected by the shutdowns were e-commerce businesses and online freelancers operating from small towns. Tourism is another sector affected. Rajat Kathuria, Director & CEO of ICRIER, says, 'The objective of the study is not to pronounce on the efficacy of a state decision on an Internet blackout, rather to estimate the economic costs associated with the event. However, policy makers would be well advised to consider these costs in the final decision on a shutdown. If digital use were to proliferate as envisaged under the Digital India programme, the magnitude of loss could increase in the future.' Read on...
Mohammad Anas Wahaj | 27 feb 2018
Team of scientists at Indian Institute of Science (IISc Banagalore) led by Prof. Pradip Dutta and Prof. Pramod Kumar, have developed a super critical carbon di oxide Brayton test loop facility that would help generate clean energy from future power plants including solar thermal. The new generation high efficiency power plants with closed cycle CO2 as the working fluid have the potential to replace steam based nuclear and thermal power plants, thus reducing the carbon foot print significantly. While inaugurating the facility Dr. Harsh Vardhan, Minister of Science and Technology (Govt. of India), said, 'I am sure all these intense scientific efforts and collective endeavours would enable us to realise the vision of an affordable, efficient, compact, reliable clean energy systems which will be robust and suitable in diverse geographic conditions.' The advantages of using S-CO2 in a closed loop Brayton Cycle include - 50% or more increase in efficiency of energy conversion; Smaller turbines and power blocks can make the power plant cheaper; Higher efficiency would significantly reduce CO2 emissions for fossil fuel based plants; Power plant's use of solar or nuclear heat source would mean higher capacity at lower operating costs. Read on...
India Education Diary:
Indian scientists develop next generation technology loop to generate clean energy
Mohammad Anas Wahaj | 12 nov 2017
Thriving entrepreneurial ecosystem drives business growth and economic development. India is steadily transforming itself into a major hub of tech entrepreneurship. According to Raman Roy, Chairman of NASSCOM and CEO of Quatro, 'About 1000 tech start-ups were registered this year (2017), taking their total to 5200 and making India the world's third largest start-up ecosystem.' The report 'Indian Start-up Ecosystem - Traversing the maturity cycle', compiled jointly by NASSCOM and Zinnov, was recently released. Major trends include - India is witnessing a rapid rise in the B2B tech start-up landscape, focused on verticals like healthtech, fintech, and ecommerce/aggregators; Bengaluru, Delhi/NCR and Mumbai retained their position as the key start-up hubs, with 20% of the start-ups emerging from tier-2 and tier-3 cities across the country. Some highlights of the report - 40% of the start-ups are in the B2B segment. Its share in tech start-up funding is 30%; Fin-tech start-up base is about 360, indicating 31% annual growth, with US$ 200 million funding in the first half of this year, recording a 135% annual growth; Health-based technology start-ups are 320, with 28% annual growth and attracted US$ 160 million funding in the April-September period, which is an increase of 129% in the same period of 2016. Mr. Roy says, 'With 60% start-ups, the B2C segment is focused on creating innovative business models and taking the vertical approach, securing about 70% funding in the year's first half.' R. Chandrashekhar, NASSCOM president and former Telecom Secretary, observing that the ecosystem is driven by young, diverse and inclusive entrepreneurs, says that the landscape is leading to focused domain solutions in verticals like healthcare, agriculture and education. He comments, 'We will continue its drive towards catalysing tech start-ups, build category leaders and support start-ups to create for India.' Read on...
Mohammad Anas Wahaj | 27 oct 2017
India's future success will be defined on the basis of how its positive elements like demographic dividend, IT and software, manufacturing, agriculture, government initiatives (Make in India, Digital India, Skill India, Startup India) etc, gel together effectively and grow. Adding to all these, focus on research, design and innovation, will further propel creation and development of new and emerging technologies and concepts. Specifically, Indian auto industry does have R&D capabilities, but it is mostly driven by foreign collaborations and partnerships. Moreover, Indian operations of most foreign auto makers rely on their global development centers when it comes to technological innovations. But the dynamics of the industry are shifting, and companies are mobilizing resources and assets towards design and development also, in addition to manufacturing. The change is also visible in the electric vehicle segment with a strong policy focus. Recent conference organized by NASSCOM and Autocar Professional was directed towards discussing the design, R&D and technology based future of the industry. Sameer Yajnik, COO-APAC of Tata Technologies, says, 'Indian engineers, thus far, have brought together just a few parts of the jigsaw puzzle in terms of vehicle development, but this is set to be transformed. With EVs, ADAS, autonomous, connected cars, et al, there are a slew of technology-driven changes that need to be responded to and India is an excellent place.' Patrick Newbery, Chief Digital Officer of Global Logic, says, 'Design and engineering work best when coupled together, and the Indian start-up ecosystem has displayed a good show of that already...Amalgamating design and engineering, as well as with its ability to innovate and create as a response-stimulus to change, India holds a strong place in developing new future technologies, where even the US would be looking outside to outsource these innovative solutions. There is more likelihood of innovation coming out of such environment.' Current spend in automotive engineering and R&D of Europe is 35%, that of US is 25% and, India's is at 10%. This is expected to triple in next 3 years. Sanjeev Verma, CEO of Altran India, says, 'India holds a very important place in the whole jigsaw and especially can play a great role in designing passive safety and IoT systems...With the whole ecosystem springing up now, the next three to four years are going to be extremely transformational for the development vertical in the Indian automotive sector.' Commenting on design in India, Raman Vaidyanathan of Tech Mahindra says, 'Indian engineering is bound to be more frugal, compared to the rest of the world because of the country’s legacy in being cost conscious. This is very positive as it implies that a good quality product, designed and developed to a cost in India could be produced in the emerged markets, while the reverse is going to prove rather expensive.' The challenge of skilled human resources in design and engineering in India remains. NASSCOM has started a foundation course in integrated product development that has reached 1000 colleges since CY2015. Government, academica and industry has to come up with integrated strategies that need to be applied to upgrade the knowledge and skills of graduates coming out of technology institutes and ensure success of design, research and development in India. Read on...
Beyond Make in India - Design and develop in India now imperative
Authors: Sumantra B. Barooah, Mayank Dhingra
Mohammad Anas Wahaj | 07 sep 2017
Technological advancements in education facilitate and expand the reach of learning to larger audience and transform the way educational content is delivered and consumed. India is also undergoing technology-based shift in educational sector. Rajshekhar Ratrey, VP Educational Content at Toppr.com, provides list of technological trends that are enabling the growth of digital education in India - (1) Personalized and Adaptive Learning (2) Two-way conversations in E-Learning (3) Mobile-based Learning (4) Video-based Learning (5) Open Educational Resources (6) Usage of Virtual Reality (VR) and Augmented Reality (AR) for Learning. Read on...
6 technology trends that pushing up digital education in India
Author: Rajshekhar Ratrey
Mohammad Anas Wahaj | 28 jul 2017
The survey report 'India Digital Health Report 2017' by D Yellow Elephant (DYE), a digital and social media firm, analyzes India's 160 leading healthcare companies on the basis of their online presence, engagement levels and relevancy on 12 major online platforms. The survey categorized companies into three sections based on their performance - Digial Primes; Digital Aspirants; Digital Onlookers. Among pharmaceuticals, Pfizer topped the Digital Prime category. In diagnostics segment, Apollo Diagnostic is the leader. While, in the hospital segment, Kokilaben Dhirubai Ambani Hospital and Medical Research Centre topped the category. The report placed 14% of the companies in the Digital Prime category, 54% in Digital Aspirants and 32% in Digital Onlookers. The report also finds that internet penetration in India is currently 35% with 23% Y-on-Y growth in its users. By 2020, India is expected to be home to 730 million internet users with as many as 175 million online shoppers. DYE projects healthcare sector in India growing at a fast pace and is currently values at US$ 100 billion. The sector is expected to touch US$ 280 billion by 2020 at a CAGR growth of 23%. Moreover, private equity and venture capital funding in the sector has gone up by 13 times from US$ 94 million in 2011 to US$ 1275 million in 2016, with an increase of 2.27% against 1.97% in overall health budget. Read on...
Elets eHealth Magazine:
Survey reveals the digital health of Indian healthcare sector
Mohammad Anas Wahaj | 12 jul 2017
India's share of the US$ 54 billion global HR technology market is about US$ 600-700 million. Traditional human resource practices are undergoing tech-driven transformation. According to experts, use of modern HRTech can help India Inc improve productivity and save millions of dollars by optimal use of human resources. Recent study by PeopleStrong predicts that India Inc can save at least US$ 600 million annually by 2021 using HRTech. Jagjit Singh, Chief People Officer at PwC India, says, 'The shift to HR applications in the cloud and artificial intelligence to use predictive data analytics has the potential to transform the entire HR landscape by taking away transactional roles and replacing them with strategic partnering roles...' Anshul Bhargava, Chief People Officer at PNB Housing Finance, says, 'Backed by concrete information and more efficient processes, the hiring process and employee efficiency have improved with the application of analytics.' Dinesh R. of OYO says, 'HR function is increasingly relying on technology to drive results and more predictable outcomes.' Pankaj Bansal, Co-founder and CEO at PeopleStrong, says, 'The new world of work will see employees taking control of their digital landscape of work and will be the decision makers of what gets used by organisations...' Read on...
The Economic Times:
India Inc can save millions by using HR technologies - Experts
Mohammad Anas Wahaj | 16 jun 2017
Healthcare analytics can help in building better patient-doctor relationships for better health outcomes, achieving better operational efficiencies, personalization at a larger scale, targeted customer acquisition and more. Madhu Aravind, CEO of Searchlight Health, explores India's healthcare analytics scenario and what impact it can have in addressing the challenges faced by India's healthcare ecosystem. India's healthcare have some fundamental issues - Cost of healthcare is increasing at 20%; Shortage of 1.5 million doctors and 2 million hospital beds; Only about 5% of the middles class have health insurance. According to Mr. Aravind, 'If healthcare analytics needs to have an impact in India, then it has to tackle some of these fundamental issues...If one can aggregate information from multiple sources and build models that leverage these technologies (Natural Language Processing; Imgage recognition; Speech analysis; Large-scale computing power), then real value creation is possible.' FOR HOSPITALS: Customer acquitisition; Operational efficieny; Clinical delivery. 'The advent of digitization, abundant computing power and new age machine learning models, will enable the formulation of principles from observations from millions of people, creating the foundation for personalized medicine.' FOR INSURERS: Increase middle class coverage; Create customized products; 'Understand disease propensity in detail and also fully model the cost of care needed to manage various conditions.' FOR PHARMACEUTICAL SECTOR: Real world evidence to power R&D, clinical trials etc. India's healthcare analytics faces challenges - Lack of skilled talent; HealthTech spending is less than 1% of the health organization's budget. Read on...
The Economic Times:
Healthcare analytics in India - Opportunities and challenges
Author: Madhu Aravind
Mohammad Anas Wahaj | 29 apr 2017
Education technology promises to increase access, lower costs and bridge the rural-urban divide, in learning opportunities. Aakash Chaudhry, Director of Aakash Education Services Pvt. Ltd, explains how educational technologies can bring the transformation in India's educational system. He explores the present scenario and what is expected in future for the education sector. According to him, 'With an overwhelming increase in mobile-connected devices, global data traffic and mobile video traffic, the EduTech sector is set to enter a new era...In India, where mobile penetration is counting a billion people with over 300 million connected to the internet and is expected to reach 550 million by 2018, we have immense potential to digitally educate the masses...EduTech companies are driving further development of data-driven education technologies, leading to fundamental changes in how school and college students as well as professionals seeking new skills are learning.' He mentions some of the technologies and methodologies that are driving the transformation in education - Online interactive platforms; Cloud computing; Data centers; Virtualization; Global high quality online content; Live braodcasts; Video content delivery; Virtual updating of textbooks; Video conferencing; Availability of content offline and at low internet connectivity; Mobile classrooms; Online tutors; Adaptive learning; Student-teacher interface in the form of mobile learning. He concludes, 'A country that depends on the development of its educational sector for its economic and social growth, a surge in switching to technology-driven education will amply propel rural India towards empowerment.' Read on...
Mohammad Anas Wahaj | 08 apr 2017
According to the findings of KPMG 2017 Global Technology Innovation report, US and China continue to be the most promising markets for technology breakthroughs that have global impact, with India and the UK progressing in third and fourth place with innovative tech hubs of their own. The report is based on survey of 841 business executives globally that focus on technology, and highlights the changing landscape of disruptive technologies, with perspectives on technology innovation trends, barriers to commercialize innovation, and insights into technology innovation leading practices. Although various countries are trying to emulate Silicon Valley to develop their own technology hubs, some are finding success in their efforts while others are facing macroeconomic and infrastructure challenges. Tim Zanni, Global and US chair of KPMG Technology, Media and Technology practice, says, 'What we have seen emerge over time is the result of countries and cities striving to replicate and build on the Silicon Valley tech innovation blueprint, and their increasing degree of success. One can debate whether or not replicating Silicon Valley is possible, but the benefits of the effort are undeniable.' Mr. Zanni states in the report that growing ecosystems as tech innovation has spread across all industries, is fueling the expansion of technology innovation development. Respondents of the survey consider the following as the top global technology innovation visionaries - Elon Musk, CEO of Tesla and SpaceX; Tim Cook, CEO of Apple; Jack Ma, Chairman of Alibaba; Larry Page, CEO of Alphabet; Sundar Pichai, CEO of Google; Satya Nadella, CEO of Microsoft; Bill Gates of Microsoft; Mark Zuckerberg, CEO of Facebook; Jeff Bezos, CEO of Amazon. Read on...
The Next Silicon Valley:
US and China are top innovation hubs, followed by India and UK
Author: Nitin Dahad
Mohammad Anas Wahaj | 20 mar 2017
Team of researchers from IIT-Kharagpur, Prof. Sudip Misra, Prof. N. S. Raghuwanshi, Anandarup Mukherjee and Arijit Roy, has designed India's first indgenous drone, BHIM, that can create a Wi-Fi zone within a nearly 1 km radius when it flies overhead. It is specifically designed for emergency and conflict situations. It has a battery backup of 7 hours, can fly into a disaster zone and create a seamless communication network for those involved in the operation. The automated drone has an actual vision-based guidance with built-in intelligence that helps it identify if an area is crowded or not. It will then fly away and land in a safer place. According to Prof. Sudip Mishra, 'Such advanced built-in intelligence is not available in drones now. The design is completely in-house. The controlling and guiding algorithms of the drone have been developed in our lab.' Internet of Things (IoT) is an important component of the drone. Read on...
Mohammad Anas Wahaj | 16 mar 2017
According to the NASSCOM Foundation report, 'Catalysing Change Through CSR', about half of the IT and financial services companies (70) interviewed have spent more than 70% of their CSR in education and employable skills initiatives. Ganesh Natarajan, Chairman of NASSCOM Foundation, says, 'Education and employable skills are the key to most of India's social problems. An industry, which has grown solely by investing into knowledge and key skills, realises the difference a skilled knowledge society can make and therefore, a major chunk of the CSR funds has been dedicated to education and employable skills.' The report finds that companies are placing greater importance on monitoring outcomes by integrating technology. Among the roadblocks cited by most companies was identification, selection and due diligence on NGOs and the absence of robust tracking process. Read on...
Mohammad Anas Wahaj | 20 feb 2017
According to India Brand Equity Foundation (IBEF), the Indian healthcare industry is currently pegged at around US$ 158 billion and is expected to hit US$ 280 billion by 2020. Alpna Doshi, CIO at Philips, while recently speaking on 'Digitalization of Healthcare' at NASSCOM India Leadership Forum, says, 'Unequal access, poor quality and rising costs are three key challenges faced by the healthcare industry.' She adds that these challenges are bringing new opportunities, particularly in the area where technology and healthcare converge. Predictive analytics, home-based healthcare, remote health monitoring with mobile devices and applications, are some prominent areas. Som Mittal, former President and Chairman of NASSCOM, says, 'While access to all will be there as connectivity improves, how can we make healthcare affordable?' And for this, he comments that technology needs to be responsible, citing high margins that are charged for medical devices. Ms. Doshi adds that healthcare companies cannot survive on lower margins, unless the volumes justify those margins. Tie ups with NGOs she said, was one way to increase volumes and thereby bring down costs. Automation in healthcare industry will become more prevalent. She points out that augmented reality and artificial intelligence will further disrupt the healthcare industry. Read on...
Mohammad Anas Wahaj | 23 dec 2016
According to the recent Capgemini and Altimeter study, India is the top innovation destination in Asia and second in the world for new innovation centers. 27% of Asia's new innovation centers are now in India and globally it has 1 in every ten new innovation centers. Cumulatively, India is ranked third with 25, while top two ranked are US (146) and UK (29). Within India, Bengaluru was the favorite destination with 3 out of 11 total that opened between Mar-Oct'16. The study defines 'Innovation Centers' as non-traditional in-house hubs built by enterprises to find new trends happening across the technology ecosystem through interactions with startups, entrepreneurs and others. Their main objectives are to accelerate digital innovation, rethink customer experience, improve operational efficiency and test new business models. Current priorities shared among innovation centers focus on digital technologies such as big data, internet-of-things (IoT), social media, mobile, robotics, augmented reality and 3D printing. Read on...
The Times of India:
India ranked No. 2 innovation destination in the world
Author: Shalina Pillai
Mohammad Anas Wahaj | 23 oct 2016
Indian researchers, Naveen Kumar Malik of the Department of Electronics and Communication at Maharshi Dayanand University and V. R. Singh of the National Physical Laboratory, recently provided details about their 'Human Inspired Cognitive Wheelchair Navigation System' in the International Journal of Human Factors Modelling and Simulation. According to the researchers, 'The novel wheelchair navigation system can make the movable chairs avoid obstacles on their own and also sense when the user is tired or stressed. The smart wheelchair could also monitor user's heart rate, temperature or other vital signs for diagnostic purposes. The commercial version of the prototyped autonomous wheelchair would reduce the burden on care-giving staff in healthcare industry and improve the quality of life for disabled persons.' Read on...
Mohammad Anas Wahaj | 21 sep 2016
According to McKinsey report, India's manufacturing sector will grow six-fold by 2025, to US$ 1 trillion, while creating up to 90 million domestic jobs. Dattatreya Gaur, VP and head of Businesss Unit at Robert Bosch Engineering & Business Solutions, explains the opportunities in India's manufacturing and it's evolution led by digital transformation and smart manufacturing. According to him, 'In manufacturing, the potential for cyber-physical systems to improve productivity in the production process and supply chain is vast; this is an opportunity...The main objective of Industry 4.0 is the task to convert this data into information and then into knowledge in real time, in order to make the process more productive, more flexible, to improve the quality and so on. It is a concept of intelligent value chain organisation where the man, machine and material are connected and talk to each other through enablers such as the cyber-physical systems and Internet of Things (IoT)...In the industry of the future, the product will become an information carrier and pilot its own way through the production process. Industry 4.0 is less of a revolution and more of an evolution.' Explaining Industry 4.0 in India's context, he says, 'Industry 4.0 is relevant for India; it is completely in concurrence to 'Make in India' campaign. The number of people using a smartphone in India is huge. This, for us, is a big opportunity. India is the third largest user base for internet and second largest for smartphones. India is also the IT hub. The huge number of software engineers plus the affinity of Indians towards mathematics and technology should provide the perfect recipe for Industry 4.0.' Read on...
Mohammad Anas Wahaj | 14 sep 2016
In the fast paced technology industry, knowledge and skills get obsolete as soon as anything new, effective and valuable comes into the market. Job candidates should continuously update and upgrade their skillset to stay relevant and get hired in the better paid bracket of the technology market. They also have to anticipate the shifts and trends in technologies and acquire the know-how from the best sources. Online courses in many technological domains are just a click away. With just a reasonable internet access, anyone in India can access courses from around the world. Key is when to select what course from which provider. According to Kabir Chadha of Coursera, 'We see a lot of demand for high-tech skills and certifications. Technology and computer science courses register more than half of all the enrollments in India. Computer Science and Data Science lead the pack at 25% and 18% respectively...Most Indian learners associate such courses as a medium to gain skill sets for a new job or enhance their existing job profiles. A lot of users also use our courses to enhance their application for higher education...' Following are some tech courses that can help get a better job in India - (1) R Programming: It is the next programming language that is used in a variety of domains including software development, business analysis, statistical reporting and scientific research. (2) Machine Learning: According to Packt, Machine Learning is one of the most in-demand skills in 2016. (3) Python Programming: IT experts suggest that Python should be the first programming language of a programmer. (4) How to create a website in the weekend: According to the Bureau of Labor and Statistics, employment of web developers is projected to grow 20 per cent from 2012 to 2022. (5) Data Science: Harvard Business Review considers the job of data scientist as the 'Sexiest Job of the 21st Century.' Read on...
Mohammad Anas Wahaj | 15 aug 2016
The competition is heating up between the US technology giants, Google and Facebook, to provide internet access to India's substantially untapped market of 1.25 billion people. Google has already taken a slight lead by clinching a deal with Indian Railways to provide high-speed Wi-Fi services at railroad stations. These services are currently free but would become paid eventually. The number of users is presently about 2 million for the 23 stations that have the hot spots and is expected to increase to 10 million for 100 in future. After the earlier setback in 2015 for its Free Basics scheme that was struck down by Telecom Regulatory Authority of India (TRAI), Facebook is getting back in the race by initiatives that provide internet services in the rural parts of India. The scheme is called Express Wi-Fi and streamlines the process through which people buy data allocations from local Internet service providers. Currently, it allows people to use their purchased data bundles through one of 125 rural Wi-Fi hot spots. Both companies seems to be looking at long-term stay in the Indian market and will monetize their services at the right time. The strong advertising model that both these companies have will finally make their efforts and investments profitable in future. Read on...
MIT Technology Review:
Facebook and Google Are Racing to Supply India with Internet Access
Author: Jamie Condliffe
Mohammad Anas Wahaj | 04 jul 2016
Team of researchers from IIT-Madras (India) and University of Nebraska at Lincoln (USA), are developing an ingestible capsule, that can stay in human body for close to a week, with sensors that will take readings of an individual's calorie intake, that can eventually help in diagnosis of diseases like cancer and permit sustained delivery of drugs. According to Prof. Benjamin Terry of UNL, 'The capsule, made of biocompatible materials, works like a parasite by latching on to the intestinal wall.' The sensors communicate their readings to an external device through low-intensity radio waves. Prof. P. V. Manivannan of IIT-M, says, 'The device is kept a metre away from the body. We use only low intensity waves that don't harm the body.' According to experts, biosensors could help monitor factors that influence digestive health. Prof. Terry adds that the mechanism could also serve as a long-term vessel for capsule endoscopes, the ingestible pill-shaped cameras that permit physicians to record images of the gastrointestinal tract. Read on...
The Times of India:
From IIT-M - Capsule in body to count calories, diagnose cancer
Author: Ekatha Ann John
Mohammad Anas Wahaj | 31 may 2016
According to the latest Elsevier Report 2016, India's scientific publications grew 13.9% as against the global average of 4.1%. The study sifted through the publication output of researchers covered under Elsevier's Scopus database, that covers 60 million documents published in over 22000 journals, book series and conference proceeding by nearly 5000 publishers. It looked at the work of 366455 active researchers who are working with or are affiliated to Indian institutions. But this increase in publications hasn't made much impact on scientific progress or commercialization, considering their limited citation by other researchers. Prof. Anshul Kumar of Indian Institute of Technology (IIT) Delhi, explains, 'There is pressure to publish, but not much scrutiny of where papers are published. Since promotions are tied to the volume of output, academics feel the need to show published output, even if it is not in very well-known publications. Moreover, spending on research and development is low, and this further serves as an impediment to producing original research that has the potential to have a higher impact.' Prof. Nirmalya Bagchi from Administrative Staff College of India, points out, 'A paper has a high impact when it is published in a prestigious journal, and it is difficult for an unknown researcher to publish in such places. Prestigious Western journals prefer to publish research from highly-ranked institutes, and it is well-known that most such institutes are in the West. Thus, Indian scientists who move abroad to work with well-known institutes do not face such difficulties in publishing. It also helps that the research infrastructure is well-developed abroad.' India also have to ramp up its knowledge sharing i.e. increase number of citations in patent documents and collaboration between industry and academia. Read on...
Mohammad Anas Wahaj | 08 mar 2016
TechGig Geek Goddess - Celebrating the Code Divas/Women in Technology of the Indian IT Industry (TG3), a 14-day engagement program where women coders got a chance to show their skills, concluded today on International Women's Day. The following were the top 3 winners and their brief comments - (1) Janani Anbarasan from CISCO: 'Considering the limited exposure women have towards programming, this level of competition targets women who aspire to become good programmers...' (2) Rijutha N. from CISCO: 'TG3 is a wonderful opportunity for working women to compete...' (3) Rashmi Kejariwal from Sapient: 'I would like to recommend people to take time off from their expected deliverables and pursue their interest and enhance their expertise in coding as TG3 provides a great platform...' While speaking on TG3, Puja Mehra (VP of Sapient Global Markets) said, '...TG3's tech webinars, AMA (Ask Me Anything) and empower sessions, for promoting our women in tech, helped us push our charter of making women's voices count. I personally liked the coding contest a lot. It was encouraging to see our leaders, encourage our women employees to participate...' TechGig.com website also mentions winners that got 4th and 5th place as, Priyanka Naik (CDK-Global) and Tarvinder Kaur respectively. Read on...
Mohammad Anas Wahaj | 30 jan 2016
A panel of health experts from the Food Safety and Standards Authority of India (FSSAI), All India Institute of Medical Sciences (AIIMS), the Public Health Foundation of India and the National Institute of Nutrition, recently demanded pictorial and health warning on junk food packets in order to provide information to people on health issues caused by them. According to Prof. Vandana Jain, in-charge of Division of Pedriatrics Endocrinology at AIIMS, 'We have recommended pictorial warnings on junk foods...or health warnings saying that this product contains fat and salt in excess of what is recommended or even a picture of liver may be put on pack indicating that consuming them may lead to fatty liver in children and adults.' Consumption of products with high sugar, fat and salt have adverse health implications and World Health Organization (WHO) has stated that the best way to prevent obesity among children is to put restrictions on marketing of unhealthy foods. Read on...
The Economic Times:
Health experts demand pictorial warnings on junk food packets
Mohammad Anas Wahaj | 08 jan 2016
Technology-driven healthcare startups are finding new opportunities in India's mostly traditional healthcare system. But it is not an easy ride, with lack of digital orientation, policy and regulational scenario, slow pace of change in the healthcare industry etc. Simply put, these healthcare pioneers in India face more challenges than what the normal startups actually do. Mudit Vijayvergiya, Co-founder of Curofy, provides five most relevant challenges that all healthcare startups are broadly facing in India - (1) Slow Growth: Sluggish pace of growth of the industry is hard for survival. (2) Complex Industry: Complex rules and regulations can be obstacles for entrepreneurship and innovative thinking. Various policies are unclear and cause confusion at workplace. (3) Doctors are Tough: Miserable doctor patient ratio of 1:1700 and horrible 1:60000 in rural areas, make availability of doctors rare. Moreover digital healthcare is last on their mind. (4) Monetization: Slow growth of sector makes startups hard to monetize and to have a sustainable revenue model. Moreover social nature of the market and lack of financial ability of patients make it hard for private startups to make money. (5) Lack of Healthcare Mentors in India: Although India has large pool of trained medical professionals, but it has very few seasoned mentors and investors in the health-tech space to share their experience with entrepreneurs. Moreover track record of startups in healthcare is not very good either. Thus India currently lacks a win-win scenario for mentors, investors and entrepreneurs. Read on...
Mohammad Anas Wahaj | 30 dec 2015
The technology-enabled interactions of consumers and businesses have provided opportunities to capture data and utilize analytics to improve business processes and enhance products and services for customers in variety of industries. The analytics industry ecosystem is mushrooming with numerous vendors, from niche providers to one-stop solutions that include capture, storage, access and study of data for valuable insights. Suhale Kapoor, Co-founder of Absolutdata Analytics, captures various aspects of the analytics industry and its evolution in 2015 and explains what are the expected trends in the year ahead. Trends in 2015 - Growth of new startups and digital marketing tools; Increased use of analytics and Business Intelligence (BI); Rise in use of social media and social advertising on mobile; Rapid expansion of Internet of Things (IoT); Video content; Content marketing and predictive analytics; End-user experience and integration of online and offline content to improve service standards. Trends for 2016 - Shift towards cloud; Streaming architectures will hasten data computations; Visuals will come to rule; Data integration tools will assume more importance; Centre of Excellence (COE) will equip a business in understanding the peculiar needs and challenges for a data scientist; The Internet of Things (IoT) is all poised to bring about a data revolution; Non-analysts will start to dabble in data. Read on...
The Analytics Sector - Emerging trends and forecast for 2016
Author: Suhale Kapoor
Mohammad Anas Wahaj | 08 dec 2015
United Nation's '2015 Climate Change Conference' is being held in Paris (France) where 196 countries are on the table to reach consensus on tackling climate change and contain global temperature rise and keep it below 2°C. The recent study, 'Climate Change and India: Adaptation Gap (2015) - A Preliminary Assessment', conducted by Prof. Amit Garg of IIM Ahmedabad, Prof. Vimal Mishra of IIT Gandhinagar and Dr. Hem Dholakia of Council on Energy, Environment and Water (CEEW), found that India would need over US$1 trillion from now until 2030 to adapt to the adverse impacts of climate change. The study identifies India's preliminary financial, technology, and knowledge gaps in adaptation, as well as capacity building and institutional needs. The study also estimates that about 800 million people living across nearly 450 districts in India are already experiencing significant increases in annual mean temperature going above 2°C warming pathway. For the whole of India the estimated increase will be 1-1.5°C in the near term (2016-2045). The implications would be disastrous for agriculture and crop production, and the effects could be more pronounced due to estimated increase in extreme precipitation events, resulting in flooding and significant damage to infrastructure. While commenting on the importance of the findings, Mr. Ashok Lavasa (Secretary at the Ministry of Environment, Forest and Climate Change), said, 'Supporting and enhancing the sustainable development of 1.25 billion people is at the heart of India's adaptation gap filling strategy. The fruits of development should not be lost due to increasing adaptation gap in the future.' Read on...
Mohammad Anas Wahaj | 21 nov 2015
India's healthcare expenditure market is about US$ 100 billion. According to a report by Internet and Mobile Association of India and KPMG released in early 2015, India have about 159 million mobile internet users and it is projected to reach more than 300 million by 2017. Gartner predicts that Indian healthcare providers will spend US$ 1.2 billion on IT products and services in 2015. While industry estimates the healthcare sector in India to reach US$ 160 billion by 2017 and US$ 280 billion by 2020. Number of startups in India are exploring opportunities that are offered by these conditions. Saurabh Uboweja, co-founder of Credihealth, says 'Transparency, credibility and access to health care are some of the prime challenges that plague the Indian healthcare...Before tapping international patients for medical tourism, there existed great potential within India itself, where hundreds of thousands of patients throng city hospitals everyday from the hinterland.' According to Rohan Desai, founder of PlexusMD, 'In the US, health care expenditure accounts for nearly 10% of its GDP (compared to 5% of GDP in India), which basically means there is huge room for growth in India.' Nirmall L. Kumbhat, director of sales and marketing at another health related startup Godoctr (founded by Ajay Goel), says that it is seeking venture capital funding and focusing on medical tourism market. While Practo has already obtained various rounds of funds from global investors and has been growing since it was founded in 2008 by Shashank ND and Abhinav Lal. Read on...
Mohammad Anas Wahaj | 06 oct 2015
Indian PM Narendra Modi's recent visit to Silicon Valley and meetings with the top executives of US technology giants, have possibilities and opportunities to build partnerships and collaborations for 'Digital India' concept. Moreover access to the attractive 1.25 billion people's market that India offers would be too hard to refuse for Silicon Valley companies. But what these companies also expect is the faster pace of economic reforms, ease of doing business and less bureaucratic hurdles and regulations. The recent exit of global commodities trader and hedge fund manager Jim Rogers from the Indian market gives a negative signal to the global investor community. India's digital upgrade holds a promise for educational and social modernization leading to advanced and skilled workforce, that are preconditions for a thriving economy along with sufficient consumption. Although India's literacy rate continues to rise since independence but it is still well short of projected world literacy of about 90% this year. A lot is still desired in educational infrastructure particularly in rural areas. Internet and latest educational technologies and platforms can help in this regard. India's internet penetration is only 20% of the population and the government's digital thrust can boost this number. Expertise from tech giants can be utilized to improve internet access. Moreover the digital strategy will also spur consumption through ecommerce. According to World Bank, at present consumption accounts for 60% of India's GDP, while Wall Street Journal mentioned that only 1% of India's population shops online. Also 80% of India's population lacks means to pay electronically for goods, says Morgan Stanley research report. The report also mentioned that India's internet market could rise to US$ 137 billion by 2020. All these statistics points towards a better scope and opportunities for businesses in a 'Digital India'. Read on...
How Silicon Valley can turn India's economy around
Author: S. Kumar
Mohammad Anas Wahaj | 18 sep 2015
Indian IT firms, in order to attract high-end digital contracts that are design and creative skills intensive, are building dedicated design practices, acquiring design firms, modifying their hiring practices to accomodate design and creative talent, and mandating internal marketing design teams to work with clients. Hiring artists and designers seems to be the new trend in the IT industry. According to Paul Nanneti of Capgemini Group, 'More digital work could move to India, but there is a gap in the design capabilities. That is still being done mostly onshore. So we are building out a design and user capability practice in India.' Tata Consultancy Services has been developing its design practice for last 5 years. Satya Ramaswamy of TCS Digital Enterprise says, 'There are some very good artists and designers who don't have bachelor's degrees. So we have to create exceptions in our hiring policies to be able to bring them on board. Even managing artistic and design people is different.' Wipro recently acquired a Danish design firm Designit. According to Rajan Kohli of Wipro Digital, 'While we had been trying to hire senior designers in the market, it became clear to us that we needed a proven design platform, a heritage and brand in design, to be able to attract the best people to Wipro.' Read on...
The Economic Times:
Lack of design and creative skills could shut out Indian IT from lucrative digital contracts
Author: Jochelle Mendonca
Mohammad Anas Wahaj | 05 sep 2015
Shortage of specialized care is one of the critical challenges that India's healthcare system is currently grappling with. As affluence and awareness of Indian population increases, the demand for better specialist-monitored healthcare is expected to rise. India's specialist availability data for selected fields per 1 lakh population is - Cardiologist (5000), Dermatologist (7000), Radiologist (10000), Ophthalmologist (11000). Although US too has shortages in terms of specialists, but the number of specialists available is far better when compared to India - Cardiologist (31500), Dermatologist (10000), Radiologist (25000), Ophthalmologist (19000). So how is India going to tackle the challenge of specialist shortages? Dave Richards of Unitus Seed Fund, is optimistic about the transformative changes that mobile technologies will bring to India's healthcare landscape. He explains five main factors that need to be addressed through technological interventions - (1) Services of specialists must not only accessible, but also affordable to both urban and rural India. (2) Services must be from a trustworthy source. (3) Convenience is a major factor for consumers. (4) Providing consultation needs to be convenient for specialists. (5) Specialists need to earn money. According to him, combination of ubiquitous smartphones and high-speed data networks can create a large-scale affordable platform for delivering healthcare services. Diagnostic services is one area that can be substantially transformed through technological advancements and innovatons - Cardiac Care: Transmitting an ECG image through a smart device to on-demand cardiologist; Dermatology: 85% of skin issues can be fully diagnosed by a dermatologist with a photo taken by a smartphone; Radiology: CT scans, X-rays, ultrasounds etc can be captured by technician and then transmitted to remote radiologists; Ophthalmology: Eye screaning for diseases and refraction issues can now be done by technicians using low-cost devices, routed to ophthalmologists via mobile networks. Read on...
Mohammad Anas Wahaj | 04 sep 2015
Use of technology for customer interactions, particularly for large businesses, is often seen as an automation and cost cutting exercise. And for customers it may not all be a pleasant experience. In case of small and medium businesses (SMBs), considering their limited budgets and other challenges, use of technology as a customer support tool should be a well thought out decision. It should provide them with cost savings alongwith building lasting customer relationships. Varun Shoor, founder and CEO of Kayako, provides ways in which SMBs can utilize technologies to enhance customer experience and create best value for their businesses - (1) Understand customer context: Have clarity of purpose; Evaluate context of customer inquiries; Availability of fast and easy access of information to resolve customer iquiries; Updating and sharing information with other departments (2) Deliver personal service at scale: Try to know your customer better; Understand customer's interaction points across all channels; Seek customer's needs and wants through surveys (3) Stop firefighting, start anticipating: Find ways to interact with customers even if they aren't; Use effective CRM tools; Utilize customer analytics (4) Customers want to help themselves: Provide them with self-explanatory information and tools; Give access to effective FAQs, intelligent search, tutorials and videos. Read on...
4 Ways Technology Helps Build better Customer Relationships
Author: Varun Shoor
Mohammad Anas Wahaj | 31 aug 2015
India's healthcare has various systemic challenges that include lack of specialist rural care, doctor-patient ratio less than the WHO prescribed figure of 1:1000, long wait times and less time available for doctor consultation. Moreover the rise of non-communicable diseases (NCDs) is a cause of serious concern. Anil Kumar, Founder & CEO of SmartRx, explains how technologies like cloud services, wearable devices, internet of things (IoT) can tackle some of these challenges and mentions four areas where healthcare transformation is happening in India with a promise of better prospects in future - (1) Improve Access: Online appointments and remote consultations. (2) Care Delivery: Post-discharge care and patient monitoring; Access to health reports and data. (3) Distribution: Home health services; Delivery of medicines and diagnostics services. (4) Health Management: Wellness apps and tools; Disease management and niche online communities; Personal health devices and wearables. Read on...
Healthcare Transformation in India Through Technology
Author: Anil Kumar
Mohammad Anas Wahaj | 25 aug 2015
As technology continues to pervade every aspect of human life, businesses that provide technology products and solutions will grow and expand. Moreover as the pace of technological innovation increases alongwith competitive race for quality and price, the industry will require workforce that has newer skills and competencies, giving rise to career options that were not available earlier. Siddarth Bharwani, Director of Brand and Marketing at Jetking Infotrain Ltd, provides 10 career paths that would be in demand in the technology and IT space in future in India - (1) Wearable Experts (2) Tech Experts for Artificial Intelligence/Robotics (3) Digital Artisans (4) App Developers (5) Information Security Analysts (6) Computer Systems Analysts (7) IT Project Managers (8) Computer Forensics Experts (9) Big Data Analysts (10) 3D Printing Designers. Read on...
Mohammad Anas Wahaj | 29 jun 2015
Developing a design ecosystem in India is critical for the effective implementation of the 'Make in India' concept. Recent announcement by the Government of India regarding smart cities and housing for all by 2020 will provide a boost for the design industry. In an interview, Pradeep Nair of Autodesk, explains how his company would participate in 'Make in India' and Digital India' initiatives, what are opportunities in India in the design space and how the company plans to evolve in the Indian market in future. According to him, 'Our go-to-market strategy constitutes of having a strong and expansive partner ecosystem spread across multiple cities. With the aim of democratising technology, we provide the best of design innovation solutions to large, mid-size and SMBs. We also ensure that our partners are trained requisitely with the apt skills to provide these solutions to the customers.' While mentioning the company's focus in India he explains that automobile design, manufacturing, architecture, infrastructure and the media & entertainment sectors, will be the main thrust areas. He further elaborates, 'We have been advocating Distributed Manufacturing as the key to the Next Industrial Revolution and encouraging companies, individuals to developing groundbreaking hardware, software, materials, marketplaces and maker spaces through 3D technology.' He sees cloud as the future of design. According to him, 'Leveraging the power of cloud can help in democratising design technology and enable the future of making things. Every software provider, whether it be design or IT, is undergoing a massive transformation where users are opting for cloud as the preferred platform for computation. Pervasive connectivity enabled by software that tap into cloud, lets project teams tap expertise globally...we're seeing the digital and physical sides of products and projects become more deeply entwined. Autodesk will be playing a pioneering role in driving this evolution by harnessing the power of cloud, leverage connected desktops and cloud experiences tailored for designers, engineers, visual artists worldwide.' Read on...
The Financial Express:
We see cloud as the future for the design industry - Pradeep Nair
Author: Sudhir Chowdhary
Mohammad Anas Wahaj | 16 jun 2015
India's technology industry landscape was earlier driven by export of software and services, but now it is undergoing accelerated transformation through mobile phones. There are 969.89 million wireless phone subscribers in India at the end of March'2015, with 862 million of them being 'active users'. About 100 million access internet through mobile devices like smartphones. Tech-driven companies attracted US$ 2.36 billion during first quarter of 2015. Recently there has been high profile mergers and acquisitions in the mobile and internet space. E-commerce is going through a boom and disruptive phase with dynamics of industries being reshaped and remodelled. Millions of users are thronging on to online marketplaces to buy whole gamut of products and goods, and avail various services with just clicks and swipes. Professor Vivek Wadhwa of Duke University says, 'India will see a technology boom over the next 5 years that will make the US dotcom boom look lame.' Software product business ecosystem is taking shape in India. iSpirt (Indian Software Product Industry Roundtable) is a step to nurture software product ideas and entrepreneurs. India evolved new ways of bridging the digital divide and create domestic demand for applications and services. This can be a lesson for companies that serve the digitally poor around the world. Read on...
Mohammad Anas Wahaj | 13 jun 2015
With 55% increase in smartphones and numbering 140 million in 2014, India is rapidly transitioning into a smartphone driven internet and ecommerce market. According to report 'Internet Trends 2015' by Mary Meeker of Kleiner Perkins Caufield & Byers, smartphones are the main source of 65% of the internet traffic and 41% of e-commerce in India. Professor Vivek Wadhwa of Duke University explains how the next technology revolution is brewing in India with smartphones as the main catalyst. India's mobile leap is more direct and speedy as compared to the evolved transition of technologies in US, from mainframes to PCs to tablets and then finally to smartphones. According to him, 'The capability of these devices will keep increasing as prices drop. Indians will benefit from the same developments in technology as the West, with smart watches and fitness-tracking wristbands and smart glasses and connected contact lenses. Smartphones will be used to order goods, read news, monitor crop growth, access government services, report corruption and crime, and manage smart cities and health. Mobile computing will be everywhere.' To benefit from this wave of smartphone penetration, Indian developers and entrepreneurs have to find innovative solutions to old problems. He suggests, 'They need to take advantage of the unique properties of smartphones and tablets, such as the ability to gather data via sensors and lightweight user inputs, and hyper-personalisation of content and operation.' Read on...
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