The intersection of business and technology is spawning several innovative technologies across sectors, from healthcare to consumer technology. The MIT Technology Review, which has listed the "Internet of Things" as the top technology for 2014, has also flagged the growing importance of other areas.
Internet of Things
ABOUT IOT: The 'Internet of Things' is an interactive technology, where machines are designed to communicate with one another
Global and Local Players
Global players such as Nest (Google), Philips and Intel have embraced this technology, which is also receiving a lot of heat from the Indian startup hub.
Hyderabad-based Ducere Tech developed the world's first haptic and interactive footwear Lechal.
Bangalore-based Pluggx Labs provides home automation services through the Pluggx Switch that is accompanied by a smartphone app to manage connected appliances in a room.
The switch connects to a power outlet and allows the user to control electrical appliances through a smartphone. The startup raised a seed fund from Bangalore's Cube 9 Capital Group and has installed the device in 50 homes and is in talks regarding partnerships.
Additive Manufacturing
WHAT: Commonly termed 3D printing, it topped the list of hot technologies based on several factors including the ease with which complex products can be created. ..
Additive Manufacturing
WHAT: Commonly termed 3D printing, it topped the list of hot technologies based on several factors including the ease with which complex products can be created. ..
WHY: 3D printing is estimated to deliver significant commercial impact across multiple sectors and has so far been used to make products ranging from medical implants to organs and food items.
GLOBAL ADAPTORS: Some of the best known corporations using this technology include the aviation division of General Electric which has printed the fuel nozzle for a new aircraft engine using lasers rather than metal casting and welding.
Chocolate maker Hershey's has tied up with South Carolina's 3D systems to make a chocolate 3D printer.
INDIAN ADAPTORS: Pune-based Protoprint, a waste management startup that develops 3D printer filament from plastic waste.
In Bangalore, Global3Dlabs with the help of a local bakery is launching Chocobot, an affordable 3D chocolate printer, slated for a commercial launch later this month.
Smart Watches
WHAT: A wristwatch that allows tasks otherwise performed by a smartphone or a computer
GLOBAL ADAPTORS: Some of the best known corporations using this technology include the aviation division of General Electric which has printed the fuel nozzle for a new aircraft engine using lasers rather than metal casting and welding.
Chocolate maker Hershey's has tied up with South Carolina's 3D systems to make a chocolate 3D printer.
INDIAN ADAPTORS: Pune-based Protoprint, a waste management startup that develops 3D printer filament from plastic waste.
In Bangalore, Global3Dlabs with the help of a local bakery is launching Chocobot, an affordable 3D chocolate printer, slated for a commercial launch later this month.
Smart Watches
WHAT: A wristwatch that allows tasks otherwise performed by a smartphone or a computer
WHY: Dubbed a 'wearable computer' it can be strapped on.
GLOBAL ADAPTORS: US-based Pebble Technology released its smartwatch Pebble last year and raised funding of $10.3 million (Rs 63 crore) through crowdfunding platform Kickstarter.
INDIAN ADAPTORS : Belgaum-based Sensegiz attracted Samsung's attention with its gadget Star that controls smartphones, can call contacts, launch apps and take pictures, it can be worn on the wrist or clipped to clothing.
Data Analysis
WHAT: Data analytics by drawing information from cellphone towers and cheap phones for insights from hyper-local content.
WHY: Epidemiologists at the Harvard School of Public Health in Boston were able to analyse data transmitted from a cellphone tower in the western highlands of Kenya to track frequency of people visiting the malaria hotspot and detect possible methods of transmission.
WHY: Epidemiologists at the Harvard School of Public Health in Boston were able to analyse data transmitted from a cellphone tower in the western highlands of Kenya to track frequency of people visiting the malaria hotspot and detect possible methods of transmission.
INDIAN ADAPTORS: Delhi-based technology data startup SocialCops also uses cheap smartphones to accumulate data public infrastructure and services. For instance, Google Maps tells us the quickest route home, but not the safest route home for a girl, said cofounder Prukalpa Sankar.
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