Internet of Things is poised to become one of the most disruptive
technologies of the 21st century.Here we discuss five such organisations
that leverage it well
Internet of Things is poised to become one of the
most disruptive technologies of the 21st century.
According to a report by NASSCOM in five years, the
global opportunity is likely to touch 300 billion USD
and in comparison, India too would boast of a 15 billion
USD market in IoT.
The market is still at a nascent stage with sales mostly
limited to wearable devices in India.
According to Jayesh Ghatge, Market Partner –
ThoughtWorks, “Driven by sensor economy Internet of
things is going to transform itself into Internet of people,
services and data.”
We look at top five IoT startups firing on all cylinders
and analyze what sets them apart from others in the
emerging IoT market eco-system.
Cooey
Cooey provides end-to-end health-monitoring IoT
platform that allows users to collect, store, analyze and
share their medical information with the doctor, while
providing personalized health tips to patients based
on their medical profile. It also connects the users with
various healthcare service provides and enables them to
get personalized services i.e. medicines, tests, or home
care services, delivered directly to the doorstep.
Their wireless body fat analyser and blood pressure
monitor WBT1-357-B was launched on Flipkart last year
in November. It can measure weight, muscle mass, BMR
(Basal Metabolic Rate), Body mass, Body Fat and Visceral
fat. It also calculates the BMI (Body Mass Index), and later
syncs the data on the cloud and on the smartphone app
Cooey wants to be the go-to app for management of
blood pressure and heart disease.
Entrib
Modern technology is making the shop floor smarter with
specialized sensors with real-time data communication.
Pune based ShopWorx is a real-time big data monitoring
and analytics solution that is focused towards
manufacturing shop floor and has been customized for
two verticals – Plastics Manufacturers and Automotive
Assembly line.
There are over 10,000 registered MSMEs in Pune
region and Entrib wants to tap into this market
Altiux
In sync with the Smart City
plan Altiux demonstrated
its solution portfolio for
Smart Cities and Smart
Manufacturing verticals at IoT Asia 2015 at Singapore,
Smart Cities India Expo 2015 at New Delhi and Indian
Manufacturing Summit at Mumbai. Their approach
towards combining statistics and data analysis has helped
process manufacturing enterprises in unlocking true
value from their existing data sets without any expensive
equipment upgrade.
It is currently building platforms and solutions for IoT
devices, cloud platforms and smart homes. It also builds
and licences intellectual property (IP) components in key
emerging technology domains.
SenseGiz
This Belgaum
based start-up
makes consumer
and enterprise
products in the
wearable tech
and IoT space.
Their primary
focus is to design
and develop
IoT solutions for
security, defence
and smart city applications. Their flagship product ‘Find’
which was launched last year is a tracking device that
alarms the user if they lose their belongings. The user
receives an alarm and a trigger on the smartphone.
SenseGiz has sold over 20,000+ units of Find worldwide
After consumer-focused IoT products, SenseGiz is now
focusing on making products for use cases in smart cities
and smart home.
Yuktix
Yuktix creates environment monitoring solutions for
emerging markets. Their idea is to create next generation
monitoring solutions focused on making data mobile and
data capture, visualization and analysis in a true plug and
play format. It also provides weather, air quality, gases and
water sensors. Their environment monitoring solution
follows standards set by the Indian Meteorological
Department (IMD) and the World Meteorological
Organization. The solution can serve as ready-to-deploy
system for smart cities and urban monitoring.
It has also collaborated with Telit, a company
providing Internet of Things (IoT) solutions, for its cellular
module technology which has been designated to
provide mobile data access for Yuktix micro-climatic data
collection weather stations in India
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