"Co-innovation Key to A Digital India" - IBM

Millennial Start-ups showcase innovative solutions built on IBM Cloud platform @
India Labs Engage 2016
 
Bangalore, Karnataka, India - Business Wire India
IBM (NYSE: IBM) emphasized the significance of ‘Co-innovation' in building a
Digital India, at IBM India Labs Engage 2016, the two day annual innovation
summit hosted by IBM in Bangalore. Out of many Indian startups who have
leveraged IBM's cloud platform and/or cognitive solutions, five select start-ups
demonstrated their innovative, industry specific offerings at the event. In
addition to adopting IBM technology, these start-ups have benefitted by getting
access to various IBM initiatives including IBM GEP/ SmartCamp India –
programs that allow them to build, launch and scale their business.
 
Speaking at the event, Kaushik Bhaskar, Vice President, IBM India Software Labs
said, ‘With Cognitive technologies becoming a key differentiator in the global
technology landscape, India need cognitive business models to leapfrog into the
lead innovator ranks. There is also a fundamental shift required from ‘siloed'
innovation to ‘co-innovation' to rapidly drive this transformation. IBM is
increasingly focused on nurturing the ecosystem to drive this change. By
providing start-ups with access to technical expertise, executive mentoring,
software infrastructure credits, co-marketing programs, sales and VC leads –
IBM is committed to working with new age, born-on-the cloud companies to drive
innovation that will build a Digital India.''
 
The event provided an opportunity for start-ups, ecosystem leaders, enterprises
and investors to discover ideas that would breach technology frontiers and build
disruptive applications for the Cloud and Cognitive Era. By participating in an
immersive Design Thinking and Garage experience, participants also had a unique
opportunity to unearth emerging client needs and rapidly create market- focused
solutions.
 
The IBM India Labs Engage 2016 is part of IBM's continuing commitment to support
the Indian startup ecosystem by orchestrating the collaboration between
enterprises, investors and start-up companies through various digital and
physical platforms through the year. IBM engages with startups across sectors
including fin-tech, health-tech and retail and provides access to key IBM
programs and investments including IBM Global Entrepreneurship program; IBM
physical and virtual Garages; IBM Labs; Digital Communities (Watson, Bluemix,
IoT, Cloud etc.) to fuel ecosystem innovation.
 
The top five Start-ups who demonstrated their solutions at the event included:
 
AllizHealth: This Pune based preventive health start-up, has built a consumer
focused health and wellness platform for early identification, tracking and
management of health risk and conditions. It leverages IBM cloud platform to
enable users to track various health risks and parameters, store digitized
medical documents and also connect with doctors, caregivers etc.
 
Gaurav Vij, Founder and Chief Architect: "There is an increasing challenge of
non -communicable and lifestyle related diseases in India. At AllizHealth, we
are trying to address this problem by working on an innovative Health Management
Platform. The goal of this platform is to make people aware of their health
risks early and help them with various resources to track and manage such risks.
Through our efforts, we are now managing the health of over 500,000 users and
working with some of the leading insurance and healthcare groups in India. In
this journey, we are fortunate to have a partner in IBM cloud. Harnessing the
power of cloud is central to our plans and the support, help and guidance we
have received from IBM team, has been quite remarkable. We hope to continue with
this association and make it a win-win." 
 
Tagalys : This Chennai based start-up has developed an e-commerce
personalization engine on IBM cloud to help online retailers improve
visitor-product engagement and revenues. The platform studies visitor and
segment shopping behavior, to deliver products most relevant to that visitor(s)
across product discovery channels like Site Search, Merchandising, and
Recommendations within the online retailer. 
Antony Kattukaran, Co-founder and CEO: ‘Personalization of the complete
visitor experience across category pages, recommendations widgets and search
results is a requirement in today's digital commerce experience. IBM's cloud
infrastructure is a secure, scalable, and helps us meet the most rigorous
demands for our online business. Our partnership with IBM has helped a team like
ours focus on product innovation instead of infrastructure and compete on merit
with the best in the world.''
 
Signzy : Recently awarded as the most innovative solution by RBI, this Bangalore
–based start-up, uses IBM's cognitive and cloud solutions to make the digital
regulatory processes simpler, secure and more compliant. Their unique online
contracting solution uses the latest technology like biometric signature and
blockchain to complete the entire online digital trust system.
 
Ankit Ratan, Co-founder and CEO: "Digital On-boarding is a painful problem for
the financial sector and the broader industry. Signzy is using a Cloud API based
approach to make this simple, yet secure and compliant. Using IBM Watson's
cognitive capabilities we have ensured that our AI technology is
enterprise-ready from day one, accelerating our go to market and delighting
clients."
 
Artifacia: Erstwhile called Snapshopr, this Silicon Valley and Bangalore based
start-up provides an AI based visua discovery platform designed for retailers
that helps them improve engagement and conversions on their apps and websites.
Using IBM cloud technology, the platform helps their partners provide unique
product discovery and personalization experiences to their customers.
 
Navneet Sharma, Co-founder and CEO: ‘Artifacia is a visual discovery platform
powered by Artificial Intelligence. We enable developers and retailers to build
and deliver unique product discovery and personalization experiences for their
customers in India and the US.  We have relied on IBM cloud technology to build
a deep learning technology infrastructure. As the winners of IBM's SmartCamp
program in 2015, we garnered a lot of visibility and look forward to the IBM
partnership to their support as we expand globally.'
  
Talview : This Bangalore-based start-up is a leading HR technology solution
provider which leverages cutting-edge tech like neuro-linguistic programming,
machine learning, and psycho-linguistics built leveraging IBM's cognitive and
cloud solutions. The solution provides mobile-video hiring and helps companies
to accept applications, conduct automated and live interviews, video supervised
written & code tests and complete on boarding formalities remotely on
mobile/tablet and PC.
 
Jobin Jose, Cofounder and COO: ‘Talview is in pursuit of disrupting the USD
500 billion global recruitment industry and had identified a strong market need
for a cognitive solution. Talview Talent Insights which leverages multiple IBM
Watson APIs and IBM Cloud Service is the world's first hiring solution that
harnesses the power of advanced data science and machine learning algorithms,
video-audio analysis, social media analytics, psycholinguistics and speech
recognition to help companies build better teams and gain competitive advantage.
Using IBM services helped us to go to market faster with a secure, scalable
solution.
 
About IBM India:
 
For more information on IBM India, please visit: http://www.ibm.com/in/en/
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