Science & Technology

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
Author: NA

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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
Author: NA

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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

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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...

iamwire: EduTech 2017 - Transforming Education in India
Author: Aakash Chaudhry

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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

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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...

The Times of India: IIT-Kharagpur develops superpower drone BHIM
Author: Jhimli Mukherjee Pandey

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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...

The Hindu: Education, employable skills form major chunk of CSR spend by IT firms - Nasscom Foundation
Author: NA

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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...

Forbes: The three key challenges faced by India's healthcare industry
Author: Varsha Meghani

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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

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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...

India.com: Indian researchers design smart wheelchair
Author: NA

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