Tag: digital transformation

  • How IoT is Transforming Healthcare?

    How IoT is Transforming Healthcare?

    When we talk about healthcare, the first thing you visualize is hospitals and medical practitioners. A lot has been made possible in the field due to the availability of IoT devices.

    Traditionally as well, doctors always used to rely on a variety of investigations to diagnose a patient symptom before prescribing medicines. Today, with the advent of IoT, a lot of these parameters can be monitored in real time and can significantly aid patient rehab and recovery. In the healthcare space of hospitals and medical practitioners, service providers, who can analyze data captured from smart IoT devices and report inferences are making rapid strides.

    There are a number of areas that IoT health care sensors are disrupting:

    • Elder care: From tracking wandering patients to monitoring the engagement and activities of elderly individuals in nursing homes and hospitals, elder care is a big market for IoT medical devices.
    • Patient data-gathering: This is the most mature field in health care but continues to grow with new innovations in the IoT world.
    • Real-time location: Today, hospitals are using IoT technology to track both people and assets at a lower cost than ever before.

    IoT is slowly allowing for the health care industry to reduce its dependency on humans (and their associated human errors). Even though IoT medical devices may not always impress the everyday consumer, they are steadily improving health care and providing early diagnosis and treatment of serious issues. Having said that though, there are quite a few IoT health care challenges that application developers have to overcome, which include:

    HEALTH CARE PRIVACY & HIPAA

    Security is important for the IoT industry as a whole, but it’s even more important when you add in patient privacy. The regulations that medical apps need to uphold make innovation in the IoT medical device field a challenge. HIPAA—the Health Insurance Portability and Accountability Act—sets the standard for protecting patient data that is created, received, maintained, or transmitted electronically. Privacy is always an issue with health records, but since we now have sensors automatically collecting and storing our medical data, security is even more critical. This means anyone creating an IoT medical device has to keep patient privacy as a top priority.

    IT INTEGRATION & CYBER-SECURITY

    Cyber-security is a major concern in every sector, and the health care industry is no different. In March 2016, for example, health care group MedStar was a victim in a ransomware attack that rendered their computer systems—and vital patient records—unusable. The company had to resort to using paper records until they could restore their systems.

    All this to say, hospitals today are even more hesitant to put anything on their network that is not well-vetted—and since IoT medical devices are the frontier of connectivity and many new applications are hitting the marketplace regularly, they often aren’t well-vetted. But keep in mind that not all technology needs to be deployed within the IT network of a hospital.

    It’s hard to predict where IoT medical devices are headed next—but we are certain that with the rise in interest in IoT and the money being spent in health care innovations, good things are bound to happen in this space.

    If you’re looking for opportunities, health care is a great place to be. We’re excited to see what kind of innovations—from connectivity to data privacy, to application architecture—come into this space.

    Pratiti technologies is focused on the IoT space and has worked extensively in the healthcare sector, helping both medical practitioners as well as health care providers leveraging IoT for improving patient care.

    The core team at Pratiti has over 25 years of industry experience and we have built some great competencies in the Cloud Computing Technologies and Data Analytics. We offer flexible partnership models, through which we partner with you to build scalable technology solutions to bring your innovation faster to market.

    Nitin

    Nitin Tappe

    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.

  • IoT: Creating a More Efficient Healthcare System

    IoT: Creating a More Efficient Healthcare System

    Imagine if you are a relative of a chronically ill patient who has forgotten to take his medicine and his condition is worsening. You receive the alert about the changing health condition, are able to know the location of the patient, quickly check some of their vital parameters remotely to see if hospitalization is becoming necessary. Not only this, by while you are gathering all this information, your car’s navigation system can inform you, which of the nearest hospitals have a free bed and create the clearest traffic route to get there in a jiffy. This is not storied from a sci-fi movie but something which is now being made possible by the Internet of Things (IoT).

    “Internet of Things (IoT) refers to any physical object embedded with technology capable of exchanging data connected together over the Internet.”

    IoT is creating a more efficient healthcare system in terms of time, energy and cost. One area where this technology could prove transformative is in healthcare.

    Care at Home

    There are people all over the world whose health may suffer because they don’t have ready access to effective health monitoring. But small, powerful wireless solutions connected through the IoT are now making it possible for monitoring to come to these patients instead of vice-versa.

    Let’s check this example for a patient suffering from dementia if we can equip them with sensors/ wearable and their health could be monitored remotely by their caretakers hopefully the patient can be allowed to stay within their own homes for longer. This can prevent or delay the need for costly long-term care in nursing homes plus reduce the need for unplanned hospital admissions and Doctor visits.

    Similarly, for elderly, we can detect the onset of a wide range of health issues, from high blood pressure to early signs of delirium. Emergency admissions could be reduced – with proactive health systems in place to address the problems before they become more serious or irreversible.
    The data that could be taken from a network of IoT devices will also be able to significantly lower margins of error thus making remote health diagnosis and treatment possible thus dramatically cutting down on the necessity for routine reviews and checkups. Patients could be allowed to leave hospitals and clinics earlier, as professionals are enabled to monitor them from home and health specialists from around the world can provide consultation or even diagnosis from hundreds of miles away rather than keeping them in hospitals for observation.

    Care in Hospitals

    Hospitalized patients whose physiological status requires close attention can be constantly monitored using IoT-driven, non-invasive monitoring. This type of solution employs sensors to collect comprehensive physiological information and uses gateways and the cloud to analyze and store the information and then send the analyzed data remotely to caregivers for further analysis and review. It replaces the process of having a health professional come by at regular intervals to check the patient’s vital signs, instead of providing a continuous automated flow of information. In this way, it simultaneously improves the quality of care through constant attention and lowers the cost of care by eliminating the need for a caregiver to actively engage in data collection and analysis.

    Using IoT devices patients with chronic diseases may be less likely to develop complications with an early diagnosis, for example, patients suffering from cardiovascular diseases who are being treated with digitalis could be monitored around the clock to prevent drug intoxication. Arrhythmia that is randomly seen on an EKG could be easily detected, and EKG data indicating heart hypoxemia could lead to faster detection of cardiac issues. The data collected may also enable a more preventive approach to healthcare by providing information for people to make healthier choices.

    Nitin
    Nitin Tappe After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.
  • Meeting ‘Time To Market’ Targets On Your Innovations

    Meeting ‘Time To Market’ Targets On Your Innovations

    It is so refreshing to be meeting up with so many different entrepreneurs in digital transformation space and understanding some of their innovation. It is amazing to see the energy levels of all these entrepreneurs and the level of commitment that they have for the ideas that they are chasing.

    While ideas are great, it takes two important things for them to be able to realize their dreams and create a working business model. One is of course the right level of funding and the other is the right technology mastery to ensure that ideas can see the light of the day in the most efficient manner possible.

    To add to the above point, every innovation has a shelf life, which is typically based on how soon it can be copied or aped by another competitor. If the other company has better branding muscle and reach to the target market and they can bring out the innovation to market sooner, then you end up losing your market share. Worse still, if you end up taking too much time, before you get the product to market, the market may already be cluttered or the requirement for such a solution might not even exist.

    The bottom line is that time is of essence and it is extremely important that you are able to meet ‘time to market’ targets on your innovations.

    A lot of companies take the outsourcing approach to several of their non-core functions to make sure that they can free up their time for their core activities. Nowadays, there are a lot of companies which also partner with others for technology expertise. This increasingly makes sense, given the time pressure you are under. Rather than having to source, on-board, retain talent, you can engage with firms, that have specialization in specific technology areas that you need. You can also ride on the management and industry experience of some of the founders in the process, something which you cannot simply manage by just hiring people.

    Pratiti technologies is focused on helping entrepreneurs realize their innovations with certainty. The core team at Pratiti has over 25 years of industry experience and we have built some great competencies in the Cloud Computing Technologies and Data Analytics. We offer flexible partnership models, through which we partner with you to build scalable technology solutions to bring your innovation faster to market.

    Nitin

    Nitin Tappe

    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.

  • The Role of SMART Grids in Transforming Utilities in the U.S

    The Role of SMART Grids in Transforming Utilities in the U.S

    The electrical smart grid in the United States experiences more blackouts than that of any other developed nation. Much of the physical equipment on the grids has aged to the point of obsolescence. And most industry experts would agree that the American utility industry has reached a critical point. And update in the infrastructure is the need of the hour.

    Pratiti Technologies is an innovative solution provider focusing on SMAC and IoT driven digital transformation. Pratiti help customers realize their innovations through deep technical expertise and agile development approach

    At the same time, utilities are also experiencing a transformation to their business models. Green energy sources, referred to as Distributed Energy Resources, are turning the centralized power generation and distribution model inside out.

    SMART GRIDs

    A ‘smart grid’ offers us a SMART alternative. A Smart grid can recognize, circumvent and even prevent problems before they occur. Ultimately, smart infrastructure will improve the reliability and resiliency of the power grid.

    The smart grid offers benefits to utility companies, such as detection of energy theft or loss, outage management, an efficient balance between energy demand and supply and improved demand response. This becomes even more critical as we integrate renewable energy in the grid, Renewable energy resources are known to be more unreliable in the sense that a steady output 24*7 cannot be expected and change in wind speed, solar radiation needs to be factored in planning energy Management.

    Utilities will benefit through better asset utilization and power management by seeing real-time demand spikes and potential grid failures. The result is that the companies can prevent blackouts before they occur and optimize power generation based on actual demand.

    The benefit of SMART GRIDs to Consumers

    Smart Grid will interface with and also benefit consumers via Smart Meters and Home Area Networks (HAN). HAN’s. Consumers will be able to see near real-time energy use information and also take advantage of ‘time-of-use’ pricing. For example, appliances that consume a lot of energy such as washers and dryers and water heaters can automatically be set to operate during low-cost periods, reducing the cost to the consumer. This places control in the hands of the consumer.

    Distributed energy resources, demand/response digital customer connections, net metering and the Internet of Things are all here to stay. Business models have to adjust to survive in this rapidly evolving landscape. That’s exactly why utilities are among the leaders in IoT adoption. At Pratiti we help Utilities and product technology supplier circumvent problems associated with this technology adoption.

    Nitin
    Nitin Tappe After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.
  • A Practical look into Remote Monitoring using IoT!

    A Practical look into Remote Monitoring using IoT!

    When it comes to maintenance, it offers the ability to create a clear and concise program for organizing equipment maintenance data and using remote IoT to make informed decisions that can pay immediate and long-term dividends.

    Automation

    Automation can streamline maintenance and record keeping activities, aiding information gathering and thus making decision-making easier and faster. Automation tools can be used to schedule maintenance alerts, which significantly reduces the effort and time involved in a traditional data collection process and associated cumbersome paperwork that is used to trigger preventive or corrective maintenance.

    Business owners and fleet managers no longer need to make job site visits and phone calls to obtain basic data such as engine hours, fluid levels or operating temperatures. In addition, the information gathered is more accurate based on a steady flow of real-time data and the elimination of handwritten notes and associated paperwork.

    Remote monitoring gives ability to track the health of the equipment and detect problems associated with temperatures, pressures, Vibration before they blossom into unnecessary expenditures and downtime.

    As an example, data could reveal that a machine needs an oil change sooner than recommended by the manufacturer based on the type of work the machine is involved in. Conversely, a machine might not need to be serviced as frequently as another machine based on the work it does.
    Further, automated alerts can reduce the reliance on equipment operators to intervene and alert the maintenance team about items that need attention.

    For instance, the owner of a machine on a demanding project in a hot climate might set up the program to keep tabs on the machine’s operating temperatures. If the temperatures climb outside acceptable limits, the program can alert the maintenance team, or the dealer who services the equipment.

    Connecting device gives IOT ability to mine a rich history of information to improve maintenance practices. Some systems can gather information from as far back as 18 months, or even longer if it’s regularly downloaded and stored. With historical data, users can spot trends that point to potential problems.

    Fuel usage Monitoring is a good example, if the data reveals a spike in fuel consumption for a given machine it could be symptomatic of an issue that demands further investigation.

    Investing in the business

    Having a keen understanding of operation characteristics of machines and operators over time allows users to flag issues that appear out of the ordinary, and in the process, minimize potential maintenance headaches before they strike.
    The ability of IoT to deliver tangible efficiencies and costs savings when deployed for Remote monitoring is well proven and provides an excellent return on investment. But like any investment, the decision whether to adopt Remote Monitoring using IOT demands a hard look at the technology from every angle to ensure it benefits the business.

    Nitin

    Nitin Tappe

    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.

  • 5 Questions You Need To Ask Before Choosing An IoT Partner

    5 Questions You Need To Ask Before Choosing An IoT Partner

    The journey from conceptualizing to implementing any Internet of Things (IoT) project is an arduous one. Even though many companies start out thinking that developing an IoT solution is a onetime affair, it is rarely so. As the technology landscape evolves, existing solutions continually call for the need to evolve and upgrade with the changing times.

    Hence, choosing the right development partner in this continuous journey right from the beginning is critical in terms of ensuring agility of processes, the efficiency of resources and ending up with successful project outcomes.

    Given this reality, it’s pertinent to ask the right questions to choose the most appropriate IoT partner for your project. On that note, here are 5 questions to help you make a good decision –

    Do they have the requisite knowledge and experience to do “your” job?

    When investing in building an IoT solution, you’ll ideally want to trust someone only with the desired experience and expertise, specifically related to your own specific requirements.

    While assessing any service provider, you should find out if they have a portfolio that reflects a history of creating capable solutions at the enterprise level. If they have worked in your industry segment it can be a big plus for you. Even if they haven’t, as a single company may not have experience in all industry verticals, you can examine their approach, for that might mean a lot in terms of demonstrating their capabilities.

    It’s also relevant for you to check how proficient they are in terms of both hardware engineering and software development, as any IoT solution essentially covers both these aspects. Knowledge of software development is important, but the ability to tackle the hardware engineering aspect cannot be ignored. Good knowledge and experience in both are critical in terms of influencing outcomes positively.

    Ideally, it’s best if you choose a provider that is experienced and provides a one-stop solution, across all your needs. Such a choice would imply efficiency, both in terms of execution and costs over the long term.

    How flexible are they?

    In addition to the technology fit, it’s very important to look out for flexibility in your IoT partner. You must attempt to find out how much the provider is willing to align their solution with your legacy architecture and whether they’re agile at implementing.

    Ideally, you should try to look out for one that is willing to use the technology you already have, and the devices and tools you prefer. It also makes sense to check if they agree to provide a customized or personalized solution in sync with the other aspects of your company’s infrastructure.

    Another filter you can apply here is to check whether they lock you in with proprietary technology. It’s only intuitive to avoid such providers from a future point of view.

    Do they have the ability to scale up as your needs evolve?

    As your solution propagates in the market, which is under constant evolution, your solution will naturally need to upgrade over time.

    The right IoT partner will be the one that demonstrates the ability to scale up and help you manage changes seamlessly. You might need to add new features or devices, and this must not imply reorganizing your entire solution.  Completely discarding your existing solution or turning to multiple third parties at a later point will only throw in unnecessary inefficiencies, delays, and unexpected cost escalations. Hence, it’s necessary to engage with an IoT partner that is capable of scaling up as your solution evolves.

    Moreover, you also need to be sure of their ability to work and manage your projects remotely.

    Are they trustworthy in terms of ensuring data security?

    Given the dynamic nature of the IoT environment, robust data security can be easily regarded as a non-negotiable requirement. The environment must be controlled, protected and have robust security mechanisms.

    Hence, you need to ensure that you only shortlist the provider who knows how to address and incorporate encryption of data, protection of your device and security mechanisms for device and cloud storage.

    The fact is that the end-to-end process of developing any IoT solution is multilayered. It covers the technology stack, devices, data collection, storage, and transmission, connectivity, cloud services, and much more. Any partner you pick needs to demonstrate thoroughness in this entire process and its components to avoid possibilities of data security breaches. You should also review their security audit process and tools.

    What is their cost structure like?

    All said and done, usually budget is the final deal maker or breaker when it comes to arriving at a decision. Taking the last call on the basis of a blended, ballpark cost estimate without a detailed breakup is incomplete information to make a budget based decision.

    It’s only intuitive for you to ask for a detailed quote. This will ensure that you have an apple-to-apple comparison between the different service providers. Also, the budget can never be the only decision point. You should be prepared to pay a premium to get a reliable and robust solution provider. This can save you significant headaches at a later date.

    With these considerations in place, you’re likely to pick a service provider that does justice to your project, time and resources.

    Our Services

    Digital Twin Platform | Healthcare Software Development | Solar Energy Analytics | Digital Product Development

    Nitin
    Nitin Tappe After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.
  • What Will it Take to Realize the Promise of IoT

    What Will it Take to Realize the Promise of IoT

    IoT Why now? What’s new? : Did you know the term “Internet of Things” (IoT) was coined way back in 1999? Some of the key elements of IoT have been around for a pretty long time. Oil fields, for instance, have had 1000s of sensors for quite some time. SCADA systems have been around since the 1960s. What’s new is the ability to connect billions of sensors/devices to the Internet. What’s new, is the ability to analyze petabytes of data streaming in from these devices, and then to drive decisions. Also what’s new, is that devices have become a lot smarter with better processing capability and lower cost. The convergence of these developments has created a powerful mix. So much so, that IoT is expected to drive the next Industrial Revolution – Industry 4.0. The convergence has also created a powerful set of expectations. So much so, that IoT sits right on top of Gartner’s Hype Cycle.

    Is it overhyped?

    Near-term value: Over the next 3-5 years, IoT will definitely transform certain processes across some industries/environments

    Inhibitors: However, significant hurdles will have to be overcome, to quickly cross the “Trough of Disillusionment”, and realize the full potential.

    Monetization: A lot of value will come from integration, and novel business models will be needed to share this value equitably amongst the participants.

    Near-term value

    IoT indeed is for everyone. It is useful to think of a maturity model for IoT. Wherever you may be on this model, chances are there is some implementation / upgrade that will be appropriate for you in the near future.

    The maturity of IoT adoption and the ability to move to the next level will govern the near term value created. E.g. the monitoring phase is mature in the process and manufacturing industry, and the near-term value for them is how quickly they can climb to ‘Predict’ and ‘Optimize’ levels.

    The macro-economic environment also has a direct impact on the value delivered. For instance, in developing economies, implementing a simple monitoring solution (e.g. monitoring water transportation from a reservoir to tap) can give huge benefits and value, as compared to same in developed economies. At the same time, developed economies can harvest value by implementing predict / optimize the solution for their existing monitoring solution.

    Inhibitors

    Hurdles around sensor/device costs, system security, and organizational structures, while non-trivial, will get addressed sooner – driven by the economics of IoT. Hurdles around data ownership, interoperability and infrastructure will be more complicated to overcome, and could hold back IoT from delivering its promise fully.

    Data ownership and privacy: These topics have been debated in the context of social media – does the data belong to the user, or to the platform provider, how much can be shared, with whom etc. Fresh debates will arise in the wider context of IoT, when an enterprise gets connected with its suppliers and customers more seamlessly. These debates may have to be resolved case-by-case and hence may take a while to settle down.

     Interoperability: The current phase of “” will lead to robust and scalable solutions in the long run. In the short run however, the explosion of point solutions and even of platforms, can lead to severe interoperability challenges. While industry consortia like the All Seen Alliance are working on evolving common standards, the challenge is unlikely to get resolved in the short run.

    Infrastructure: Many use cases require a level of infrastructure that does not yet exist in developing economies. The “digital divide” has reduced but is far from gone. There are regions that still don’t have electricity. Internet penetration rates in Asia and Africa are still less than 40%. Where access exists, speed and reliability is often lacking. It is no wonder then, that as per OECD’s 2015 report, variation in the number of online devices per capita is not a few percentage points, but is in the range of 3x – 5x!

    Our Services

    Digital Twin Platform | Healthcare Software Development | IoT development services | Digital Product Development

    Nitin

    Nitin Tappe

    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.

  • Key Areas to Focus on In Your Digital Transformation Journey

    Key Areas to Focus on In Your Digital Transformation Journey

    Digital transformation is making several headways across industries and geographies.

    With the potential to impact organizational outcomes in profound ways, today, almost every company is on the road to digital transformation – or they risk becoming obsolete.

    According to IDC, 85% of enterprise decision-makers say they have a time frame of two years to make significant inroads into digital transformation, or they will fall behind their competitors and suffer financially.

    If you too are looking to adopt and integrate disruptive technologies and fundamentally change how your business operates (and how value is delivered to customers), now is the time to transform digitally.

    Here are key areas to focus on in your digital transformation journey:
    Adopt new tech: The stepping-stone of any digital transformation strategy is the adoption of new technology. Leveraging the myriad benefits modern technologies offer is the best way to improve operational efficiency, enhance customer experience, and fuel innovation. This means getting rid of rigid legacy systems that hamper growth, upgrading/migrating systems to drive more value, making the most of emerging programming languages, and implementing new tools, systems and applications that fuel collaboration and boost efficiency. And just adopting new tech is not enough; you need to constantly train your teams to ensure they are using the technology in the most optimum manner and drive far higher value from your tech investments.

    Innovate through data: Another very critical component of successful digital transformation initiatives is the ability to unearth insight from data. With organizations getting crushed under the weight of data about employees, machines, processes, customers, competition, markets, and regulatory frameworks, innovating through data is a great way to drive enterprise-wide transformation. This includes using technologies like Artificial Intelligence, Machine Learning, and Internet of Things to glean insight from data, and make intelligent, evidence-based decisions. From customer segmentation to predictive maintenance, enrichment of customer touch-points to better inventory management – AI and IoT will pave the way for data-informed cognitive analytics, and be the reason for competitive advantage. It is no surprise then that the IoT market is expected to grow to 5.8 billion endpoints in 2020.

    Break down silos and embrace Agile: Digital transformation also requires you to continuously work in an iterative manner so you can explore new technologies and develop functionalities more rapidly. This means you have to break down silos that hamper efficiency, growth and innovation, so the entire organization is ready for transformation – not just individual business units. It also makes sense to embrace an Agile mindset, so teams can set priorities and design solutions – while constantly focusing on value creation. Driving efforts in building capabilities that empower your teams to develop prototypes and engage with customers is essential to achieve faster to market and be in alignment with the voice of your customers.

    Embrace cloud: For many organizations, success (or failure) is directly proportional to the effectiveness of their IT service delivery environment. Cloud is a key driver of digital transformation and can enable you to reach your digital goals faster. By allocating more IT resources (and staff) to the development and continuous improvement of products, you can drive the transformation that improves the overall customer experience. Cloud offers the scale and speed needed to support changing business priorities – with ease. It allows you to consistently manage your existing applications and achieve higher levels of availability, reliability, and security – while helping you develop, deploy, and deliver software faster.

    Focus on skill transformation: No digital transformation can be successful if you do not have people with the right tech skillset. With typical technology capabilities quickly transforming into specialized skill sets, you need to focus on skill transformation to accelerate time to value. Keep track of trending skills and see how your organization can benefit from those skill sets. Assess the skills of your existing employees, train them, so they can improve upon their skills. Alternatively, hire candidates with skills across data science, automation, DevOps, and more from the market. You can also cater to this emerging need for specialized skill sets by forging strategic partnerships, driving mergers and acquisitions, and setting up Global Centers of Excellence.

    Find the right blend

    The digital transformation fever has taken the entire world under its embrace. With spending expected to reach $2 trillion by 2022, organizations need to do everything they can to drive transformation: adopt new tech, innovate through data, break down silos, embrace the cloud, and focus on skill transformation, among others.

    As you set towards the journey, remember that digital transformation is neither about a pure technology or a pure business transformation; it is about establishing an organizational structure (and culture) that is a perfect amalgamation of business, technology, and people.

    Our Services

    Nitin
    Nitin Tappe
    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.
  • What Makes Virtual Reality an Integral Part of Ongoing Industry 4.0 Initiatives

    What Makes Virtual Reality an Integral Part of Ongoing Industry 4.0 Initiatives

    Change is the only constant thing in this world, and it is clearly reflected through the industrial arena as well. In the present Age of Industry 4.0 is the age of digitization and automation. The fourth industrial revolution is smarter and more agile. Its autonomous systems are powered by data exchange and machine learning. It would not be wrong to say that the fourth revolution focuses mainly on the digitalization of the industry, and it is happening at an impressive rate. The use of Virtual Reality (VR) technology in today’s industries is opening new doors of opportunity, particularly in the arena of manufacturing.

    What VR technology is anyway?

    This technology makes use of powerful computers to come up with a simulated environment. But how does it help? VR technology can open up a huge array of amazing possibilities for industries like automobile, renewable energy, and manufacturing of complex types of equipment. From examining properties in 360 degrees to obtaining a situational awareness, there are many ways VR technology can make things easier for the industries. It can help save time as well as production cost. In short, makers will be able to come up with more refined and accurate solutions.

    How VR technology can be used?

    Product design:

    When it comes to designing a product in which safety remains a prime concern, the use of VR technology can make things easier. For the automotive industry, 3D models can help the makers understand or know how the vehicle would perform and look in real. VR can also help visualize how different part will work together and fit with each other.

    Likewise, in the case of renewable energy, the efficiency of wind turbines and solar power plants can be improved significantly with the use of VR technology. The process of troubleshooting a problem in an offshore wind turbine can be made easier with the application of VR technology. This is where the use of Digital Twin technology proves to be more effective. Creating a replica of an entire wind farm or solar power plant with the help of Digital Twin technology is the best way to increase efficiency and reduce downtime, which in turn would lead to increased production. So, this is just one of the many examples of how VR technology can bring in significant changes in today’s industries.

    Nowadays, better connectivity along with increased computer power is making factories more productive. The use of Digital Twin technology by GE Renewable for its wind farm in North America has already proved to be a great move. Through VR technology and advanced analytics, GE Renewable has been able to optimize its 15,000 wind turbines digitally. It has resulted in an increased MW-hour output between the range of 5 and 7 percent. In the Industry 4.0 revolution, the role of VR technology has been the most important one so far.

    VR Simulation in Training

    Companies are increasingly using VR to create immersive training experiences, helping train employees on real-life scenarios. Workers with difficult jobs can sharpen their skills without the dangers of the real world.

    As VR is immersive and compelling learners absorb information faster and retain longer as VR gives a real-life experience.

    Applicability of Virtual Reality for In-Person and Remote Collaboration

    Virtual reality can help create a share shared virtual workspace connecting several people around the same project. Users from different locations will see each other, visualize and work on the same virtual model. This can improve communication between co-workers to pursue validation processes without a physical meeting.

    VR for SMART Factories

    3D Virtual simulations can be used in plant operations to monitor and analyze real-time data and create a mirror image of the physical world in a virtual model. This includes machines, products, sensors, and humans. It helps drive down machine setup time and improve quality.

    VR has tremendous scope for contributing to the evolution of Industry 4.0 At Pratiti technologies we help businesses use AR VR for simulations, O&M, training for complex products/Operations and Remote Monitoring and Maintenance.

    We recently helped a customer working in solar energy sector develop a Virtual Reality (VR) based technology solution, which provides highly immersive training to the user with the help of a head-mounted display, coupled with 6 Degrees of Freedom controllers. Read the case study here

    Our Services

    Solar Energy Analytics | Healthcare App Development | Industrial IoT Solutions | Digital Product Development

    Nitin

    Nitin Tappe

    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.

  • How Digital Twin Technology Is Changing the Solar Power Generation?

    How Digital Twin Technology Is Changing the Solar Power Generation?

    The growth in the solar energy sector has been quite impressive and is the need of the hour. As per 2018, International Renewable Energy Agency report, the global capacity of renewable energy output has reached 2,179 GW, With the marked increase in solar capacity, solar energy witnessed an impressive growth rate of 32 percent! In short, the future of solar power plants looks as bright as the Sun.

    Nevertheless, it is also a fact that there are still a number of challenges associated with solar power plants in terms of the output, operations, and efficiency of the plants. Some of them are:

    Unmonitored inefficiency

    Lack of monitoring often leads to wastage of solar energy getting wasted affecting the output of solar power plants. It’s physically impossible to monitor solar plants, also a visual check is not the most effective measure most of the time.

    Lack of information on energy generation and forecast

    Solar power generation depends on the location of the plant, season, weather conditions, solar panels, and overall plant efficiency. The ability to Reliably forecast electricity generation can help a solar plant in multiple ways mainly, Improved predictability can help better plan the energy consumption, this can in turn help, better policy formation, improved contracts, and more efficient operations.

    Evolution of IoT has made tons of data available, Digital Twin technology enables an analysis of this data to give meaningful insights. So let’s dig deeper.

    What is Digital Twin technology?

    In simple words, it is a virtual system that replicates the model of a process, service, or product. This technology is based on the pairing of the physical worlds with the virtual one, which allows the analysis of huge chunks of data and close monitoring of systems.

    So, How Does Digital Twin help?

    Data gathering and its in-depth analysis prove to be useful in predictive and preventive analysis and actions. It helps us prevent downtime and create increase output. Most importantly, this digital twin allows us to plan for the future, which is made possible with the help of simulations.

    At Pratiti Technologies, we have gained a ton of expertise in this field, which has resulted in the development of Helios, our digital twin-based analytics engine.

    What Results You Can Expect from this Technology?

    The implementation of Helios, the digital twin-based analytics engine developed by Pratiti Technologies can have significant effects on the performance, ROI, and output of the solar power plants. This is how it works:

    • Close monitoring helps improve the predictability of all the solar panels in the system. With the use of real-time simulation, it becomes easier to assess the present condition of each part of the grid. This way, the operators can do predictive maintain ace in the grid.
    • The Digital Twin technology developed by Pratiti Technologies is quite effective in closely analyzing how the solar PV cells perform during various conditions. The virtual plant also allows administrators to replicate different scenarios and figure out how the upgraded panels would respond to them. This way, the production of more efficient solar PV panels becomes easier.
    • Forecasting is one of the key aspects of today’s Digital Twin technology, which ensures optimum solar plant performance. Helios enables the mapping of the solar grid to a virtual program ensuring better utilization of the whole system.
    • Improved ROI is ensured through operation insights. Auto-generated alarms and performance benchmarks help minimize the losses and improve output at the same time.

    The implementation of Digital Twin technology like Helios can make a solar power plant commercially more viable. Just for your note, this blog was initially published on energycentral.com

    Nitin
    Nitin Tappe After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.
  • Why Software Product Development Needs to Focus on Journeys Rather Than Solutions?

    Why Software Product Development Needs to Focus on Journeys Rather Than Solutions?

    In the present competitive world, businesses prefer outsourcing their software product development requirements to the dedicated IT and tech companies. After all, the Outsourced Product Development or OPD service providers can provide you with the much-needed competitive edge as they have expertise available to deliver an apt solution. But the reality is that most software/IoT products fail to generate desired results and many a time, require enhancement after the project completion.

    The software development methodology followed by an OPD player plays a vital role in the product’s success.

    We believe that the tech product development focus needs to shift from the existing project-focused to a journey-focused one, bringing true agile methodologies to work.

    Many times, the traditional project-focused model does not offer an in-depth understanding of what the customers actually want. Teams work only in silos and do not understand the project landscape; Lack of this understanding becomes a hindrance in the process of developing the product. Developing products which fail to fulfill market requirements.

    Real Life Example

    A case in point is the recent healthcare start-up we worked with. The Start-up wanted to develop a comprehensive IoT based health care product. The clients envisioned to address the pressing post-acute care issue in the European market with an IoT solution that can ensure complete recovery for patients’ post-treatment.

    The customer wanted to develop a product that would directly capture vital health parameters of the patients like temperature, blood pressure, glucose, etc. from the medical devices. They also wanted an Integration with e-commerce companies helping direct ordering through an app. Further integrations were envisaged with Care providers, Hospitals and even insurance companies.

    Once the customer approached us, we at Pratiti employed our design thinking-based product definition framework to really empathize and understand the problem customer wanted to solve using technology.

    This resulted in an improved understanding of the actual customer needs. The result was we were able to Say “NO” to initial requirements of the customer. We were able to help the customer understand their real requirement. This reduced the initial requirements.

    We were also able to reduce the MVP (Minimum Viable Product) development time, and costs associated with the product development also reduced significantly.

    The customer was able to take this MVP to the market and do trials and understand the usefulness of the solution developed. This helped customer launch the product earlier at a lower cost and prioritize the features needed in the product in a phased manner.

    Thus, we enabled the tech journey for the customer. We continue to engage with this customer and partner together to bring new enhancement and features in the product.

    Innovation Requires Continuous Development

    New emerging business requires continuous enhancement to the product. Let’s take an example of Uber that of ride-hailing start-up Uber. They have perfected the art of changing its dimensions as per the requirements of the present market situation. Uber always focuses on bringing in new features to its business, like they use the taxi for advertisement, uber eats now offers food on the go and much more.

    The company knows that to survive in this competitive world, it has to keep on innovating. In the same way, to produce better quality software tech product, one needs to keep developing the technology, thus we say that tech development is a continuous journey.

    We at Pratiti Technologies have skilfully mastered this art. We partner with our client as their technology partners and ensure we craft a smooth tech journey for them.  We ensure the right product definition and follow a unique tech development process (Download free guide here) to ensure successful tech development for the clients.

    Our Services

    Digital Twin Platform | Healthcare Software Development | IoT development services | Digital Product Development

    Nitin

    Nitin Tappe

    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.

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