8 IoT Quotes from #NPC2015 & preparing for #BigBillionDays at TechSparks

Are you a hardware startup, an Internet of Things (IoT) superfan or someone who just loves tinkering with things? Well, you might already be following the IoT buzz and developments space. We also feel it is important that the Indian talent does not miss out on another technology wave through IoT.

(Also Read: Will energy and water challenges propel an IoT wave in India?)

The just-concluded NASSCOM Product Conclave saw a full-day IoT Summit along with threads on hardware and makerspaces. We also got a glimpse of the future through ‘Mini Maker Faire’ held in association with the Workbench Project. Here are some interesting event quotes from IoT thought-leaders, platform players, service providers, investors and entrepreneurs:

Make no mistake sensors will drive the next generation user experiences. We’ve just got started with wearables.

- Karthee Madasamy, MD, Qualcomm Ventures

Through the IoT CoE (Centre of Excellence) we will democratise innovation by providing an entire stack of tech tools for innovators.

- K Vishwananthan, VP, NASSCOM

As an IoT product there’s nothing like the excitement of getting the first version of the product out - it gives one that adrenaline pump.

- Bipin RR, VP Digital Services, Tata Elxsi

Internet of Things is essentially a service using a product. Find out what is that service you intend to offer your customers.

- Gyana Pattnaik, Global Head Embedded Systems, L&T Technologies

It is crucial that one designs their product fundamentally well, before taking things forward to other stages of product development.

- Arti Mekaraj, Deputy GM, Robert Bosch

Device design and hardware failure is very high, it is important for us to quickly verify and validate by doing a Proof of Concept (PoC).

- Yogesh Dubey, Founder & CEO, Implantaire Technologies

Fail fast and come back fast does not generally work in the hardware sector, as it is too expensive to start from scratch.

- Sagar Apte, Founder & CEO, CarIQ

2018 is when IoT will see a boom and e-commerce will see a halt.

- Rohan Shravan, Founder & CEO, Notion Ink

Now that the leapfrog moment has concluded it’s time to build for the billions. Having covered 20000+ entrepreneurial stories and organised several meet-ups across several towns and cities, we know a thing or two that can help entrepreneurs think big and build for the billions.

As an IoT startup, it is time to explore more about how to develop your vision, understand how big your market is, who your primary customers are, alternatives to your solutions, understanding the investor mindset and other startup learnings that can make a difference and help you realise your goals.

We would also like to know more about your DFM (Design for Manufacturing), Industrial Design, Manufacturing BoM (Bill of Materials, Optimising CoGS (Cost of Goods Sold), RF (Radio Frequency) interface and product maintenance – we can help you grow. Look forward to seeing you at TechSparks 2015.

A big shoutout to TechSparks 2015 sponsors – Sequoia Capital, ICICI Bank, Money on Mobile, Microsoft, Signal Hill, IBM Bluemix, PwC, Atom Tech, Teamchat, Govt. of Karnataka, Intel, Rabbler, Dailyhunt, Reverie, Loginext and PayUBiz; Partners – Duff&Phelps, Taxmantra, Dineout, Exotel, 360ride, Yoga Bar, Chai Point, GWC; and our Media Partners – TV9, Fortune India, RedFM and Deccan Herald.