SenseGiz-A vision to make the world appreciably productive, safer and secure place to live in!

 Advanced technologies like IoT, AI, and Big Data have played an extremely pivotal role in keeping the world digitally competent and connected. The perseverance of staying ahead of the curve kindled organizations to truly leverage the power of these ground-breaking solutions to refine the ways of conducting businesses, establishing better customer understanding, apprehend lucrative growth, and furtherance. At this age, these contemporary technologies are patently metamorphosing every industry including healthcare, manufacturing, automotive, last mile, and many more.

To help organizations and businesses understand the significance of the technology solutions and settle on the most felicitous one, to boost their efficiency and productivity, tech-enthusiast Abhishek Latthe brought into being SenseGiz- a tech-driven enterprise that focuses on building cost-effective and streamlined enterprise and industrial IoT india products for sensor-based Condition Monitoring, Predictive Maintenance, Perimeter Security and real-time asset/people tracking applications, curating and combining the proprietary mesh connected hardware, cloud, analytics, and apps.

“We envisage making the world appreciably more productive, safer and secure place to live in, with access to affordable and coherent technology that is contrived and fashioned by our agile and inventive teams. Through SenseGiz we are putting forward a gamut of versatile india iot cloud and analytics solutions to add value to the lives of our customers, assisting them to improve their productivity, safety, and security. We have designed industry-based Cloud supports APIs for users who wish to build their applications on top of our back end and leave all the computations and data storage tasks to our intelligent cloud. Our far-reaching solutions range from Asset & People tracking, Cold Chain Monitoring, Perimeter Security, In-Plant Fleet Management, Predictive Maintenance,” informs Abhishek Latthe,

A NASSCOM CoE Iot India& AI incubated start-up, SenseGiz’s flagship offering COIN collects condition & indoor location data which is then stored in the cloud for users to avail it when needed. This device is designed with multiple sensors and monitors temperature, humidity, motion vibration, assets, and even people in real-time. It helps users to take data-driven decision, monitor key metrics, generate reports and accurately analyse data to get actionable insights of the operations. “Through our COIN, we have created a proprietary low-powered point-to-point mesh network of tiny low-cost sensor nodes. The mesh network is based on top of Bluetooth 5, the mesh has an effective communication speed of 1 Mbps suitable for high speed and high data applications with Self-learning and self-healing capabilities. Each COIN has an effective range of 150 ft per node. The product is ready for mass-scale customer sales, thus taking the first movers’ advantage. The COIN, Gateway, and SENSEGIZ SAAS have supported many companies to maintain Social Distancing and Historical Contact Tracing too,” he states.

Conscious of the challenges organizations and hospitals are facing in maintaining social distancing and contract tracing, SenseGiz stepped forward to help them get the better of the pandemic crisis through solutions like Option A- Enterprise and Option B- PRO. “Option A (Enterprise) is suitable if customers want geo-fencing and location-based data of who is where and over-crowding alerts, and Option B (Pro) is suitable if the customer needs enforcement of social distancing and contact tracing, both the products are MADE IN INDIA,” he adds.

In the seven years of its existence, SenseGiz has come a long way. These out-of-the-box innovations have bagged outstanding recognitions including NASSCOM -Iconic Startup, NASSCOM – National level delegation to Japan, Govt of India- IoTCenter of Excellence, SAMADHAN Award by MHRD, and BCIC Emerging Star Award- 2021, and several others. “It was an astonishing journey, we have moved forward successively. At present, we have a team of 52 who bring with them dexterity of varied domains. Apart from India, we have extended our presence to the US, Japan, Spain, and South Africa as well. Our products are sold worldwide and are also deploying solutions to 40+ large customers in India and abroad, witnessing a cumulative revenue of INR 5.5 crores. SenseGiz’s Sentinel solution for social distancing and contact tracing is deployed for the bio bubble maintenance for the India-England cricket series. The bands were being used by the players and other staffs within the big bubble,” he states.

Emphasizing its experience of being a NASSCOM CoE incubated startup, Abhishek avers, “It is a massive opportunity to be associated with CoE and benefit from various connections, networks, events that it brings to a iot startups in india like ours. The experience has only been overwhelming, to say the least. We could reach out and establish business relations with a lot of corporates. The exhibitions, conclaves, business events, and varied initiatives have added a lot of value to our company’s portfolio. We thank NASSCOM CoE for the constant handholding and extended support since incubation.”

The firm has planned a bright future, aiming to devise India IoT products considering the different industrial needs including energy, mobility (connected cars), and many others. “We are very determined about developing new products like High range COIN, 5G, Analytics, and will constantly looking for strategic partnership opportunities,” he concludes.

How Industries & Innovators Can Leverage The Power of Digital Technology in Manufacturing

NASSCOM Center of Excellence IoT in India has launched its flagship initiative in manufacturing titled The Forum for Manufacturing, Automation, Digital Transformation & Innovation Excellence (MADE), which will explore the intersection of innovation & technology in manufacturing and how this can aid the next wave of digital transformation.

 

At the Digital Transformation & Supply Chain- Inflection Summit & Awards 2019 held in Mumbai recently, strategies for transformation of functions in the disruptive business environment were discussed at length. Industry thought leaders representing pharma, automotive, logistics, retail, FMCG and service providers gathered to share their best practices, celebrate successful innovations and understand futuristic trends at Inflection.

 

NASSCOM CoE IoT-DSAI participated in two meetings – a Panel Discussion on Game Changing Trends in Automotive Supply Chain – Fuel to Future and the second, a closed group roundtable with industry leaders on Opportunities & Impediments to Accelerate Digital Transformation in Supply Chain Ecosystem within India IoT industry, led by Jayen Desai, Lead – Digital Transformation, Industry 4.0 for NASSCOM CoE IoT-DSAI.

 

Key Inflections for the industry

The EV revolution in IoT India is waiting to happen, and changes being witnessed at the industry and policy level indicate the next wave of environment-friendly transport. The newly-elected government is supposedly deliberating means to establish a robust EV infrastructure. The India IoT EV market is poised to reach an excess of $700mn by 2025, and government schemes are expected to provide a fillip.

 

Secondary data from McKinsey, Deloitte and PwC indicate some interesting trends:

• One in 10 cars by 2030 will be shared vehicle
• City type will replace country/region as key parameter for sales segmentation
• Vehicle unit sales will grow ~2% annually but will be highly customized to fleet operators
• 15% of new cars sold in 2030 will be fully autonomous

 

During the roundtable, a conscious move from internal combustion to EV to Autonomous vehicles was recommended. Already, there is a significant change in the mindset of GenYfrom Ownership to User-ship, which exacerbates the relevance of an eco-friendly vehicle.

 

In addition to capitalising on a cost-effective and eco-friendly model, major disruptions in the future dealer model with OEMs can be expected mainly due to the expansive role played by technologies such as AI and the power of real-time data analytics. Additionally, Potential disruption in auto supply chain with wider adoption of 3D printed spare parts closer to point of use builds a stronger case for digital transformation.

 

Collaboration, Innovation and Solution Providers: An Unstoppable Combination for the Industry of the Future

The industry stands at an inflection point today. With reams of data on user preferences and climate parameters, now is the time for greater collaboration between manufacturing companies and digital technology providers. The abundance of data has also provided a bank of industry-relevant use cases, which can be leveraged with appropriate solution providers. This encourages digital transformation teams to look beyond the ecosystem.

 

The findings of this roundtable set the precedent for NASSCOM CoE IoT-DSAI’s newly- launched flagship industry-driven initiative called MADE – the Forum for Manufacturing, Automation, Digital Transformation & Innovation Excellence.

 

Key Takeaways

1. There is significant work happening in the industry around supply chain automation and ecosystem.
2. Most companies are taking end to end approach when it comes to industry 4.0 vs piece meal.
3. A lot of focus right now on getting demand forecasting and last mile delivery when it comes to innovation in supply chain.
4. Retail moving from stocking to more mass customization and just in time delivery models and this is going to be disruptive with tremendous opportunities for supply chain innovation.
5. There are lot of opportunity within retail for having roadmaps for data integration and visualization to get maximum benefit for real time feedback.
6. Within Pharma industry there are significant challenges in cold chain, storage, logistics, trace and track, counterfeits and this is both for domestic and international trade.   Technology adoption and working at a national platform level would be highly beneficial and again this is something the COE – IOT/AI can work with the eco-system partners.

If you are an enterprise or startup keen to participate in MADE, contact Jayen Desai (t-jayen@mail.nasscom.in)

Make way for the new era of digital transformation in manufacturing 

NASSCOM CoE-IoT and IIC join hands for promotion of Digital Transformation of Manufacturing Industry

 Pune: The combination of advanced manufacturing process and diverse digital technologies continues to proliferate digital transformation of manufacturing enterprises in India, but at the same time it experiences setback and resistance to the adoption. The wireless communications, internet, innovative solutions, and predictive maintenance allows manufacturing industries to benefit from lower adoption costs and increased productivity and efficiency.

The ‘Digital Transformation of the Manufacturing and Heavy Industry’ conference jointly organized by NASSCOM CoE-IoT & IIC was held on May 24, 2019 at Sheraton Grand Hotel, in Pune. The objective of the conference was to highlight the impact by creating an ecosystem of technology players, manufacturing enterprises and innovative start-ups.

Dr. Ganesh Natrajan, 5FWorld, Chairman, shared his insight about intelligent factory operations, demand forecasting, intelligent data security solutions and predictive maintenance. He discussed several case studies from Siemens on intelligent gas turbines, GE Aviation – digital twins for predictive maintenance and Jabil predictive factories. Various key factors which could influence the adoption of and define the roadmap of Industry 4.0 in the India IoT manufacturing industry were discussed.

Dr. Manoj Athawe, Cummins Group, delivered the keynote session where he discussed the IoT telematics ecosystem and its future in the automotive industry. Dr. Athawe also shared his views on the smart grid battery charging stations and how it could be leveraged to promote renewable energy resources.

Dr. Kiran Bala, SKF, said that the changing employment landscape and key challenges of leadership, workforce skill gap and infrastructure imperative are being faced by every industry. She also stressed on various skills imperative – both digital and cross-functional in nature to be adopted by manufacturing firms in taking a step forward.

During the session three solution providers shared their experience with different solutions that they have deployed and how it benefited the users.

The Altizon team spoke about how they investigate defective manufacturing practices and flawed quality control in their customer operations. The team works on the cause and effect analysis using several 5S quality tools such as Ishikawa diagram to deal with process genealogy & map the complete value chain analysis.

In one of the case studies shared, Intellinet have reduced production time for many customers with the implementation of digital solutions by capturing date from different combination of sensors, PLC and serial interface. Many issues which Intellinet faced during implementation, increased involvement of foot soldiers, addressing maintenance related queries and adopting continual improvement processes to it by appointing local champions on the shop floor and operations and maintenance representative per machine type.

Entrib team identified the challenges faced by one of the automotive two-wheeler OEM. The OEM faced challenges like missing insights on quality improvement, uncontrollable utility costs and limited process monitoring and visibility. The team worked on complete digitalization of the paint shop and various operations with generation of a digital dashboard. The solution generated meaningful insight along with analysis of each process with basic predictive alerts.

The conference also featured a high powered panel discussion, consisting of speakers from both solution providers as well as solution users. Speakers included Mr. Pranab Prasad from Tata Motors, Mr. Anupam Shrivastav from Sudarshan Chemicals, Mr. Shirish Sabnis from John Deere, Mr. Rajeev Dev from Cybage, Mr. Anurag Ambedkar from Maven and Dr. Arvind Tilak from AIPL. The discussion was moderated by Mr. Sudhanshu Mittal from NASSCOM CoE-IoT.

Key items from the panel discussions were around the fact that most of the solution providers working in the area of Analytics / AI / Prediction don’t have domain knowledge when they pitch their solutions to the users and these turn into a long duration co-create projects for users. Also, the challenges in scaling from PoC to actual deployment and even identifying the right solution partners were discussed. Most of the time users don’t have the requisite technical expertise and hence face problem in being able to evaluate the solution providers pitching their solutions. The perspective that solution providers give, was that top management of users are more focused on buzzwords like AI / ML etc., without realizing that each operation is unique and hence not feasible for any solution provider to start doing predictive analysis and suggestions from the first day itself.

In addition, many a times the manufacturing companies have just basic SAP solutions being used for finance / HR work, without any clarity about the ability to handle the incoming data from the shop floor. Most of the times there is no single point of contact to discuss with, when addressing technical challenges. In general, the solution providers do not find it necessary to include the security aspects as the user usually is uninterested and is just looking for quick and inexpensive deployment. There was rigorous exchange with the audience who were interested in further exploration of thoughts from panelists regarding the addressing of the challenges and bridging the gap between the solution providers and the end users.

Center of Excellence for IoT and AI in India

  

 

Artificial Intelligence may be a growing field with new applications and advancements happening across industries. Another notable thing is that the pace of those advancements, that's really fast, this text discusses such progressive advancements within the field of AI which will dominate this decade.

Most Indian firms to show to AI for decision-making by 2023

As per a replacement IDC report, over 40 percent of consumer-focused AI systems within the areas of finance, healthcare, government, and other regulated sectors in India will include provisions to elucidate their analysis and decisions by 2023.

Organizations in India are trying to find technology vendors and integration partners which will help them in bridging the talent gap. Also, enhancing decision-making capabilities.

AI is popping bent to help direct decisions on everything. This includes bank loans, risk assessment, automated customer service, crop advisory, healthcare, etc.

 

Another forecast says that by 2025, the number of knowledge analysts and scientists who will adopt AutoML will double within the country. These professionals are going to be involved within the end-to-end machine learning pipeline from data preparation to model deployment.

 

Which AI applications will flourish by 2030?

By the top of this decade, a number of the AI-powered activities that are likely to become normal include:

Conversational Commerce

Home Technical Support

Autonomous Vehicles

Institutional deciding,

Institutional deciding, however, has few satisfactory prototypes at this point and this is going to be harder to repair.

For the remaining decade, new sorts of transparency will evolve. The new norms will enable ordinary citizens and their advocates to raise, understand and challenge the flawed algorithms. it'll provide a meaningful check against the potential harm from defective AI systems.

India's First CoE IoT and AI Started in July 2015 at Bangalore to help India IoT & AI Startups leverage cutting edge technologies to build market ready products. Through the iot startups Program, and aim to build industry capable talent in an entrepreneurial ecosystem by providing Incubation, Funding, Acceleration, Industry Connect and Mentoring.

CDAC Workshop on Healthcare Data Standards, Data Privacy and Data Security

 Electronic/Personal Health Records (EHR/PHR) and Hospital Information Management Systems (HIMS) are at the core of healthcare data aggregation, as innovators strive to integrate their technology solutions with the country’s existing EHR/PHR and HIMS databases.

C-DAC, an entity of MeitY, is at the helm of innovation in technology for several industries including healthcare. For the last 20+ years C-DAC has been working on Health Information Solutions covering multiple business needs prioritised by the Government.

NASSCOM CoE- IoT India organized a workshop where the leadership teams from C-DAC provided an overview of the entire health-stack developed and implemented by them. Nearly 30 Startups participated in the workshop to learn about the relevance of EHR2016 standards, provisions in the draft DISHA guidelines on Data Privacy & Security and the modalities for integrating their digital solutions with C-DAC applications through API integration.

An interactive Panel Discussion was moderated by Raghuram Janapareddy, Director (Lifesciences & Healthcare), NASSCOM CoE with the panellist Mr.Vivek Khaneja Executive Director, Mr.Pavin Srivastava, Associate Director and Mr.Rajiv Yadav Associate Director. The startups clarified their doubts on Data Security/Privacy, EHR Standards and the opportunities to work with C-DAC. Later Startups made presentations about their solutions for the benefit of the C-DAC Team.

Comprehensive Policies & Role of Technology in managing the Clinical Trials

R. Chandra Sekhar Deputy Drugs Controller (India) CDSCO Archana Ramanakumar Vice President & Global Delivery Head Cognizant Life Sciences Ms.Uma Janapareddy Managing Director Achiral Systems Dr.Sanjeev Hegde Head Clinical Operations Mylan Ms.Ravinder Kaur Regional Research Manager Wipro GE Healthcare Dr.Chetan Desai Chief Medical Officer and Head of Medical Ethics IQVIA (Quintiles) Dr.Narendra Maharaj VP & Head Clinical Development Dr.Reddy’s Laboratories Raghuram Janapareddy (Moderator) Director – Lifesciences & Healthcare NASSCOM iot in india

Context

Clinical Trials is a very significant step in reaching the new inventions in medicines, medical devices, nutraceuticals and cosmeceuticals to the public. With global clinical trials market growing at an approximate 6% CAGR, Indian Clinical Trials market tend to gain substantially. Subject safety being the primary objective, policies and guidelines are becoming more and more stringent and comprehensive from the Regulatory. Rapid changes in technology and improvised systems/devices are playing a key role in enhancing the conduct of the clinical trials.

This Round Table session was organized as part of the BioAsia19 Conference held at Hyderabad, to explore the challenges and opportunities in conducting the clinical trials in India (both for local and global market) and how technology adoption is viewed and supported by the regulatory.

Regulatory View Point

1. Safety of the Patients is the primary focus of the Regulatory Body. The Informed Consent Process needs stringent adherence, especially in the context of the after effects in case of a serious adverse event resulting out of participation in the Trials.
2. After taking the Ethical Committee approvals, it is possible to inform the public about possibility of participating in any given Trial, where the Informed Consent Process is strictly adhered to.
3. There is always a challenge for the Regulatory to maintain a balanced view about the regulatory environment. The expectations from the Public and the Industry vary from time to time and mostly diverse in nature. While the Public and the NGO Groups expect stringent measures and well-defined trial guidelines, Industry seeks certain allowances in the study population requirements and compensation guidelines in-case of adverse events. It is tight rope walk for the Regulatory to keep all the parties happy.
4. Regulatory works relentlessly with multiple agencies such as Indian Society for Clinical Research (ISCR), Indian Council for Medical Research (ICMR), Industry Bodies, Industry Representatives to monitorthe clinical trials environment and provide guidance at a regular interval. With wide variety of trials becoming relevant for the Indian market, it is not easy to release the guidance, without going through adequate due diligence measures.

Knowledge about Clinical Trials Domain

1. Investigator (Doctor) at the Sites are the key personnel who actually execute the trials as per the defined study objectives and the approved protocol. However, many of them have little or no appreciation about the processes to be adopted. Many of the Doctors do not have the Drug Development Life Cycle Process (more specifically the clinical trials process) as part of their curriculum. Even those who completed their Post-Graduation, hardly focus on this topic. Therefore, very few trained or experienced Investigators are available in the market, who can execute the trials.
2. In advanced countries, many doctors focus on research as an integral part of their career, by engaging the research scholars and students. They initiate the research projects on their own, without the need for a Sponsor initiated clinical trials. These research projects immensely help the Pharma Industry and Med-Tech Industry. This culture should be encouraged in India as well.
3. There are no incentives for the Indian Fraternity for undertaking such research projects. The Healthcare Institutions are hard pressed for meeting the demand from the patient-care and it hardly leave any time for their Doctors to focus on research initiatives. However, the research initiatives with large amounts of data accumulated by these institutions, can help improvise their healthcare delivery. The Round Table is of the opinion that there should be a mandate from Medical Council of India, asking the Doctors to allocate certain time for research initiatives.

The Computer (IT) skills are not adequate enough at the Sites, to help use electronic tools for conducting the clinical trials. Even though the initial trainings are conducted by the CROs during the site initiation process, there is a major churn of resources at the sites, putting pressure on the data capture during the trial conduct phase.  Another perspective from the Round Table participants is that the multiple systems from multiple CROs for multiple studies are used at any given site. Even if the Site resources are stable, use of multiple systems throws open the challenge of these resources using the systems effectively, especially when multiple studies are going on at the given site.

Registries for Subject Recruitment

1. Many key trials are afflicted by the non-availability of suitable subjects’ population (patients and healthy volunteers). With out having the right no of subjects, it is difficult to achieve the Study objectives. With minimum subject population mandates from the regulatory bodies, the trials take longer time to complete.
2. The Round Table felt the need for having a national level registry on the Patients who participated in the trails as well as potential candidates that could be contacted to participate in the trials. However, there should be systematic and secure approach to collect this information from various medical research institutions and Hospitals. Hospitals have neither have the incentive nor the authority to share the patients’ profiles for the Pharma Companies. Even if there is a consortium of Hospitals interested in conducting the Clinical Trials, their EHR systems are not uniform and data collection is a challenge. However, an attempt should be made by the industry, to help the growth of Clinical Trials in India.
3. CDSCO suggested that institutions like NASSCOM should spearhead the standardization of EHR systems across the country making use of government agencies such as NeHA and C-DAC and also some of the private institutions working in this space.

Registries for Subject Safety

1. Subject Safety is of paramount interest for the Regulatory Bodies. Cross study participation validation is a mechanism to prevent, uncalled for participation of certain individuals in multiple studies across the country.
2. CDSCO is formulating a plan to build a nation-wide Registry for Patients Participating in the end-point studies and also healthy volunteers in BA/BE Studies. The modalities for technical architecture for a suitable solution and associated commercial implications for the CROs/Sponsors are being finalized.
3. The proposed system should also capture the AE/SAEs linked to the Subjects participating in these studies.

Role of Technology in Clinical Trials

1. Technological advances in IoT india and AI are changing the way the Clinical Trials are conducted. While the basic data collection through eCRF remains the main objective during the study conduct, technology can play a significant role in the data collection methods, ease of data collection and quality of data.
2. Use of ePRO in is envisaged for some time, but the adoption levels are very low as it opens up the data access to wider no. of participants, whose data is getting into the study database. The system integration challenges must be considered while implementing the ePRO. Predominant uses cases for ePRO are Prescription Compliance, Adverse Event Reporting and Self-Monitoring Notes.
3. Technology can also play a role in monitoring the Patients who are lost-to-follow-up. It is not clear, why a subject is lost to follow-up: is it due to subjects’ disinterest to participate further in the study or due to adverse events resulting into withdrawal or death. Using Technology solutions, the Sponsors/CROs can do an analysis of all such cases and arrive at steps to prevent frequent drop-outs. This saves a lot of time and money for the Sponsor.
4. Using Artificial Intelligence and Machine Learning algorithms, clinical trial management systems should be able to predict the success of the trial early-on into the study, using the data already collected. It is better to ‘Fail-Fast’ than ‘Fail-Later’.
5. Electronics submissions of trial/study data for approval by Indian regulatory is slowly gaining momentum. CDSCO is focussing on training its staff in evaluating the submissions electronically, but still a long way to go. Industry expressed the challenge of maintaining huge volumes of paper-based source data and printed paper submission for approvals. Regulatory feels that the review of electronic submissions is feasible, if standardized software is available.
6. Technology can also play a role in real time data entry, in lieu of off-line data entry. Many a times, it is difficult for the Regulatory to check the data submitted to them vis-à-vis the source data, through the audit trails. The audit trails data has no meaning and relevance in case of off-line data entry into the systems. Especially in case of an adverse events, examining the sequence of events based on paper-based source data is difficult.

NASSCOM CoE fostering Innovation and Thought Leadership on Technology for better home healthcare

Owing to lower doctor-to-patient ratios, poor healthcare infrastructure, spiralling costs and long-distance travel for patients, especially in the context of rural India, availing timely healthcare is a challenge today. But fret not. Having a hospital at your doorstep is now a reality, thanks to technology.

The home healthcare market is still in its nascent stages in India but can grow to more than $6.2bn by 2021 . Currently, the industry is serviced by a multitude of healthcare start-ups, healthcare aggregators, diagnostic centres, radiology centres and even some of the major hospitals. Advancements in information technology and medical electronics are bringing high quality healthcare at the door step and at affordable price.

According to CB Insights , the new healthcare clinic will be in the comfort of your home largely propagated by healthcare start-ups offering innovative state-of-the-art care kits. The report states that companies are launching kits for everything ranging from sequencing the microbiome and DNA testing for healthcare risks on one end of the spectrum, to low cost standard diagnostics on the other end.

Deep-Tech Start-ups at NASSCOM Centre of Excellence are providing innovative healthcare solutions

NASSCOM COE, in its true sense of fostering innovation and being a trendsetter, has been working with some innovative start-ups that are directly addressing critical healthcare issues. These start-ups are working on some of the common challenges in the society such as; Diabetes, Blood Pressure, Cardio Vascular Diseases, Chronic Obstructive Pulmonary Diseases, Maternal Mortality, Infant Mortality, Cataract, Glaucoma, geriatric care etc. where the services are offered through clinically certified and highly mobile diagnostic devices. Besides diagnostics, these start-ups are also providing Personal Health-Records (PHR) to the individual customers on their mobile devices.  Layered with AI assisted insights, the subjects (individuals) are driven towards preventive health and wellness. The innovations are also helping the doctors and hospitals in monitoring their patients from their own homes.

“Home Healthcare is still in its nascent stages but soon it is going to grow exponentially, mainly due to increased awareness campaigns and mobile penetration across the country. Players such as Nightingale and Portea are ahead of the others but haven’t yet dug deep. Rise in aging population is another reason the market is going to see the growth towards north. Interestingly, this market is going to have a ripple effect on micro-entrepreneurship and job creation. Evangelization of the need for wellness by the Government, is also catalysing the growth in this market. Health Insurance companies are also observing this market and may soon come out with new collaboration models to minimize their risk. But the Home Healthcare market needs regulatory guidance and standard delivery models.”

Raghuram Janapareddy

Director – Lifesciences & Healthcare

NASSCOM CoE-IoT

LHIF – Lifesciences & Healthcare Innovation Forum is a flagship program of NASSCOM iot india, providing a collaborative platform for catalysing the transformation of healthcare in India.