The Internet of Things (IoT) market in India is poised to reach $15 billion by 2020, accounting for five percent of the global market, according to a report by NASSCOM. The revolution of IoT will eventually reflect in our everyday lives, starting from healthcare, manufacturing, and home automation, and extending to smart cities. The first edition of IoT India Congress 2016 kicked off on 6th September in Bengaluru. The three day session brought together IoT practitioners and enablers, and covered topics like retail, healthcare, manufacturing and smart cities.
Cubical SmartHomes has a smart energy monitoring and management system, which tracks energy usage on a real-time basis, thus enabling users to reduce consumption and conserve resources. The smart and intuitive app helps you understand average energy consumption through graphs on a daily, weekly, monthly, or yearly basis, track consumption spikes, and figure out when a device is faulty as well.
It allows users to switch on/off all lights, fans, ACs and other electrical appliances in their homes and to take control of their security needs from anywhere through smartphones. The system can be integrated with cameras to avail live feeds on smartphones and tablets. Cubical SmartHomes also gives users the option of dimming the light to reduce eye strain and save energy.
EWM is a comprehensive solution for on-field and remote energy and water management. It aims to reduce human dependency and ensure the reliable performance of energy and water supply in local communities. Its features include water metering and monitoring, data analysis, and wireless architecture, along with theft and emergency alerts over the smartphone application.
Every smart meter has a remote user-programmable power capping and water threshold feature to control power and water usage. EWM can control individual meters or the complete plant remotely over a mobile phone. Other features include renewable energy performance monitoring, battery management, plant health status indicators and data logging. It also generates status reports and consumption bills, and notifies users over email.
AerCloud is an IoT and M2M application enablement platform that helps to meet the data collection, management and analytics challenges of the Internet of Things. It enables users to build IoT/M2M applications 70 percent faster than traditional platforms and toolkits. AerCloud is integrated with app toolkit AppExpress for faster web-based application development. It is designed to separate the device development from app development by allowing users to stimulate sensor data ingestion from data files and manual mechanisms.
mBox is an innovative content rendering platform that allows users to have offline access to varied multi-media content within a specified radius. mBox serves as a supplementary classroom and knowledge library eliminating the digital and knowledge gap. It supports multiple media formats, browsers and multiple devices. mBox also gives instant updates on digital and local content, and integrates a router to create a public hotspot (using a secure login).
Mobmerry is a curated retail discovery platform designed to help consumers discover products and brands in a hyper-local scenario. Its easy to use interface enables store owners to establish a mobile presence and showcase their best products. A wishlist feature enables them to discover the likes of the customers when they walk into the store. Mobmerry Buzz (with the use of Beacon technology) provides users with a real-time marketing platform. The app also comes with a call and chat feature, and enables customers to pick their purchase at the store or have it delivered.
IOT Pot seeks to develop consumer-facing products in the cooking domain using Internet of Things technologies- what they call Internet of Kitchen Things. It’s BurnerBuddy, an IOT-enabled stove knob, allows users to receive audio alerts on their mobile phone on the completion of cooking. BurnerBuddy is at a prototype stage and will be rolling out the first set of prototypes to customers by September 2016.
According to an estimate, there will be 80 billion connected devices by 2020. With the growing buzz in this space in the past few years, Cisco’s venture capital arm, Cisco Investments, has reportedly been increasing its investment in IoT startups to the tune of $150 million globally since 2014; it projects that the IoE industry can be a $14.4 trillion market by 2022.
Cisco has invested in IoT accelerators and startups such as Alchemist Accelerator, Ayla Networks and EVRYTHNG. Moreover, Ashoka University, DLabs at the Indian School of Business and Microsoft Ventures have joined hands to create the AIM Smart City accelerator programme, which will empower startups with both funding and technological assistance.