IoT is India’s NEXT Big Tech Dream Industry stalwarts excite & inspire IoTNEXT 2015 Bangalore, India; December 9, 2015: India Electronics and Semiconductor Association (IESA), the premier trade body, representing the Indian Electronics System Design and Manufacturing (ESDM) with The Indus Entreprenuers (TiE) Bangalore, commenced the first edition of IoTNext 2015 in Bangalore. This year, with the theme “Innovating Digital Economy with IoT Solutions & Services”, the platform has attempted to address the convergence of multi-disciplinary facets of the technology ecosystem with IoT- hardware, IT, Big Data, Cloud and Connectivity, enabling an agile, efficient and cost effective solutions and services with industry collaborations and partnerships. The theme address delivered by Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor Ltd stressed on the increasing adoption of IoT in the automotive space. He has indicated that the automotive electronics production is expected to grow at a strong average annual rate of 7.0% worldwide, and it will reach € 179 billion by 2017. “We already live in a networked society dominated by connectivity and mobility and we are currently entering the era of the digital car. By the end of the decade, the connected car will go one step further into smart communication solutions with car-to-infrastructure and car-to-car communication as part of traffic management and crash avoidance,” added Mr. Kirsloskar. “IoT as a concept is no longer a vision, but a reality. In fact we have gone beyond IoT into the era of Web of Systems where devices will be able to communicate not only via the internet, but also directly through the cloud. The Web of Systems will take the idea of collecting data from physical things and trigger actions in the real world,” said Gerd Hoefner, Managing Director & CEO, Siemens Technology India during his keynote speech at IoTNext 2015. MN Vidyashankar, President, IESA elated with industry reactions, said “Technology innovations has always been addressing the social needs and contributing towards making our lives simpler. And, India has always played a significant role in guiding the global technology consumption towards a new direction through its innovative brains. Internet of Things, as a technology wave, is now a global truth. IoT Next 2015 has offered the technology industry a platform to display the nation’s proven capabilities to lead the global IoT movement”. Naganand Doraswamy, TiE - Bangalore said, “With aggressive focus by Indian Government on ‘Digital India’, ‘Smart Cities’ and ‘Make in India’ to drive the growth and development of the nation, with a rapidly maturing multi-disciplinary talent base and accelerating startup ecosystem, this growth momentum would provide an impetus for driving digital economy innovation with IoT, not just in India but all around the world. Understanding the role of start-ups, IoT Next offers a foundation to them to showcase their capabilities and get the desired recognition and attention from the world.” IoTNext 2015 has identified and shortlisted 20 Innovative IoT start-ups in the space of intelligent healthcare, intelligent gaming, smart cities etc. Impressed with the standards, Sharad Sharma, Co-founder, iSPIRT and Chairman, IoT Innofest – on IoT Startups, said “The quality showcased by the Indian start-ups exhibited their success appetite and we are confident that each and every start-up participated in IoT Next 2015 have the capabilities to emerge as a tech giant in the next 5-7 years. The nation awaits another technology revolution, in the form of IoT and this time the startups will lead the movement with their dexterity, flexibility and hunger for success.” IoT Start-ups at IoTNext 2015 Sl. No. 1. 2. 3. 4. Company SenseGrow Preva systems Smart Buildings Implantaire Technologies ThingsCloud iBot Control Systems IRAM technologies pvt ltd Explore Embedded EasyM2M Technologies 5. 6. 7. 8. 9. 10. Thinqbot Technologies 11. 12. 13. 14. 15. 16. Intugine Yuktix Technologies Close Connexions Nimble Wireless iView Labs Wisys Technologies 17. iMonitor Solutions 18. Reckone Inventions 19. 20. KisanRaja Dataway Solutions *Brief IoT software company that enables developers to build IoT solutions faster and businesses to get more value from their connected devices WoT framework and Analytics Energy conservation, management and monitoring in buildings Design, engineering and manufacturing solutions Smart hardware devices and intelligent software systems M2M, H2M and M2S technologies M2M technology Tutorial on Embedded Systems Cloud based tracking and monitoring solution for safety, security and surveillence of employees Developing a scalable infrastructure using low-power wireless technologies and networking protocols to enable “cooperative communication” between the various sensors and the user. Gesture recognition gaming Environment sensing and control Digital health and personal safety solutions to individual citizens Storage with optimize applications and workloads across the enterprise Intelligent IT solutions on interfaces such as touch, multi touch and gestures works hand-in-hand with inventors, researchers and students to facilitate cutting-edge research programs, identify, protect, develop and commercialize discoveries emanating from the research base as well as foster a spirit of innovative and entrepreneurial thinking on the campuses it serves Wirelessly convert home into an intelligent home without ANY changes to the existing decor (wiring, switches, walls or appliances smart connectivity on motorcycles to diagnose real time vehicle performance and provide assistance for a safe and smart riding Technology deployment to agriculture sector Wearable for safety *brief taken from website This Global IoT summit has focused on tracks like 'Industry 4.0 and #MakeinIndia', 'Smart Cities', 'Smart Agriculture and Water', 'Driving Innovation' and 'Healthcare Product Showcase'] The ‘Healthcare Product Showcase’ will showcase innovative and impactful next-age IoT enabled Healthcare products. Healthcare Start-ups at IoTNext 2015 Sl. No. 1 2 3 4 Company Cardiac Design Labs Cooey BPL Technologies Tricog Health Service *Brief Ambulatory cardiac monitoring and diagnosing system End-to-end family health monitoring IOT platform One of the largest and most accessible media device company Working on a technology to help patients gain access to quick, accurate and affordable diagnosis, which can lead to significant mortality reduction 5 Oxys Technologies 6 7 NeuroSynaptic Grey Medical Labs 8 Dr. Assist An innovative technology company that has a blend of technology thought leaders and business development visionaries innovating IPs. Offers high quality ReMeDi Remote Healthcare Delivery Solutions Wearable Fitness monitoring device and mobile app for communicating with doctors A cognitive cancer care studio center for precise diagnosis and personalized treatments In its first year itself, IoT Next 2015 witnessed participation from companies like Forxconn India, Toyota Kirloskar Motor, GE Healthcare, Siemens Technology India, SAP Labs, IBM, Samsung India, Microsoft Ventures, Analog Devices to name a few. About India Electronics and Semiconductor Association India Electronics and Semiconductor Association (IESA) is the premier trade body committed to the development of a vibrant Indian Electronics System Design and Manufacturing (ESDM) ecosystem. It has over 250 members both domestic and multinational enterprises. IESA has been actively involved in evangelizing the dream of establishing ‘Brand India’ that is recognized worldwide as a go-to destination for electronic products. Our vision is to bring the Indian industry, government and academia on a common platform and jointly work towards developing and promoting made make-in-India products for the global markets. This is through publishing credible data, networking events and alliances with other international associations. IESA works closely with the Government as a knowledge partner on the sector, both at the center and at the state level. For more details, visit www.iesaonline.org About TIE Bangalore TiE is a non-profit, global community welcoming entrepreneurs from all over the world. We believe in the power of ideas to change the face of entrepreneurship and growing business through our five pillars; mentoring, networking, education, incubating and funding. TiE was founded in 1992 by a group of successful entrepreneurs and is currently the world’s largest entrepreneurial organization out there. With programs like TiE Young Entrepreneurs (TYE) and Mentor Match, we are reaching out and fostering the next generation of entrepreneurs. For more details, visit http://bangalore.tie.org/ Follow IoTNext 2015 on Social Media: Twitter: @IoTNEXT2015 Facebook: https://www.facebook.com/IoT-Next-909856679106441/?ref=aymt_homepage_panel And/or: Search IoTNext Media Contacts: Sonali Pappur Sadanand/ + 91 98444 89854 / SonaliP.S@text100.co.in Shraboni Banerjee/ +918884969695/ Shraboni.banerjee@text100.co.in Pooja Shetty/ +91 8105004435/ pooja.shetty@text100.co.in