"TRENDS: THE UNWIRED HOME"

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Lounge47

TRENDS: THE UNWIRED HOME. Speaker : Yuvraj Tomar

Tecnología Empresariales

TRENDS: THE UNWIRED
HOME
Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Unwired?
Electronic Appliance
Remote Control
Smartphone/Laptop
Equipped with lighting, heating, and electronic devices
that can be controlled remotely by smartphone or
computer.

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Benefits

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Technologies
Sensors

Network

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Applications

State of “The Art”

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Analysis
• None of the existing products stand out as the best in
flexibility, performance, reliability and cost, we have a mishmash
of incompatible products and standards in the home automation
market.

• Hefty price tag, sizable installation cost and heavy complex
machinery which is still prone to a lot of vulnerabilities and yet
does not integrate perfectly.
• Incompatible standards battling it out in the pro area, competing
on service, breadth of offering, and reliability, but not so much on
price.
Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Thinqbot Technologies
IPv6
Lower BOM

LowPower

License
free

ROLLRPL

Security through
IPSec

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Open source and
open standards
Scalable to a range
of 1km per gateway

Thinqbot Technologies

People don’t buy products and services, they buy solution
One solution fits all

End-Points:
Any form of sensors/actuators

Wireless Aggregators:
Implementing the 6LoWPAN mesh
Gateway:
Linux, Internet/PAN connectivity, Micro Server

Low BOM
Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Thinqbot Technologies
End Points

WA

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Gateway

Patent Pending:

Scalability and Flexibility

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Sample Cost Study

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

UI Mock-up

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Development Opportunities
Ambient RF Power Supply

BLE Integration

Field-of-View Gesture (LEAP)

Piezoelectric Sensors

Location awareness

EMG based Gesture (Myo)

Networked LED Lighting

Static Electricity Field Sensing

Smart Glass-Films
More Sensors

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Careers
Hardware Experts

Technical Co-founders

UI/UX

Sensor Development
Energy Harvesting
Techniques
Static Electric Field
Sensing
Product Design

Hardware development
Network development
Application development

UI/UX Design
Website Development
Mobile App Development

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Trending Products

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

The Unwired Life

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Source: wired.com

Thank You

Presented at Lounge47.in on 25th January 2014
Copyright © Mr. Yuvraj Tomar

Yuvraj Tomar
yuvraj@thinqbot.com
+919880167551

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Online Advertising - Monetization Models Explained - Jayant Nandan

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“Bare Essentials – A Practical Guide to Building a Lean Startup”, was followed with an extended Q & A session. Background: The 'Lean Startup' term was popularized by entrepreneur Eric Reis on his blog “Startup Lessons Learned” and in his 2011 best selling book - ”The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”. From last week’s talk and discussion, here are the key Lounge47 takeaways: 1) Lean Startup philosophy prescribes “experimentation over elaborate planning, customer feedback over intuition, and iterative design over traditional upfront big design” 2) Rather than develop a conventional business plan, build a business model after executing key steps - a. Develop hypotheses b. Test hypotheses by getting feedback from potential users, purchasers and partners c. Develop product “iteratively and incrementally with minimum waste of resources”, including time. Basically, Build, Measure & Learn quickly 3) Lean Startup founders discuss their ideas and seek feedback rather than operate in secrecy or “stealth mode” 4) Popular terms - MVP (Minimum Viable Product): a minimum version of product that “cuts the fat, not the essence”; Pivot (a sudden shift in strategy) affecting any and all critical moving parts of the business. The Lean Startup is more a mindset and approach – there is no recipe book and founders have to make judgment calls for their Startups. The Q&A addressed such specific issues.

Bare Essentials - A practical guide to building a lean Startup - Karthik Rama...

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“Do's & Dont's of Funding” was last Saturday's session. It was a run-down of case study briefs to demonstrate the realities of funding. Here is the Lounge47 Summary: 1) Do not be in a hurry to get funded. Bootstrap as much as you can 2) Understand the “funding” paradigm. VC initial agreement to fund (term sheet) do not automatically translate into success; it just signifies the beginning of even harder work. 3) Research, seek professional advice, pick a VC carefully, and keep your pitch understandable and credible. 4) Your VC pitch is about selling you, your company and your product. Let passion tell your story 5) Prepare for your ask. And, be able to communicate a detailed plan of your spend 6) Think through profit, scalability, predictability, sustainability and de-risking your Startup upfront 7) Consider other funding sources like ex-entrepreneurs or executives 8) Getting the attention of the funding community is difficult; get resilient 9) If your Startup is generating receipts, you will gain leverage on funding, and in some cases, it may lead to self-sustenance without funding. 10) Do's: Focus on the business model, have self-belief, be detailed and thorough, drill down on use cases, be disruptive, focus on cash flows, be realistic. Dont's: don't rush things, don’t screw up after funding.

Do's & dont's of funding - Kiran Bettadapur Kiran Bettadapur - entrepreneur, ...

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“Protecting Intellectual Property at Startups” was a highly interactive one with questions from entrepreneurs leading to much learning for all. Some key takeaways from the session: 1) IP is not a “ghost” to be feared, but a “friend” to be nurtured 2) Familiarize yourself with all aspects of IP relevant to your business and your idea. Just being informed helps you manage about 70% of the risk 3) The vision of the Startup should lead to an IP strategy that allows easy answers to key questions like – Should I patent or not? Which markets should I file patents in? etc. 4) Myths around IP should be shattered (example: unclear explanations of ideas to obfuscate full disclosure can leave Startups with a lack of protection) 5) The philosophy of patent protection should be understood – Governments give inventors a monopoly for a certain period of time in return for full disclosure from the inventors so that the next inventor/entrepreneur can execute and push the envelope for the general benefit of society 6) Misuse of patents can kill a company. Founders should do an initial patent search to ensure that they are not in violation. 7) Patent services companies are highly skilled (and expensive) but Startups may want to consider hiring these services because shortcuts often lead to significant exposure 8) Startups that are bootstrapping, can consider a provisional patent filing 9) Intellectual property is not just patents - Copyrights, Trademarks and Trade Secrets offer protections that should be considered as well. Indian entrepreneurs should take IP seriously to build credible businesses.

Protecting intellectual property (ip) at startups - Ravi Vaikuntachar, Manage...

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“Internet of Things (IoT) – Where is the Money?” - This talk highlighted the need for innovative business and technical models. Top 5 key takeaways from the session: 1) Analyze business models from the perspective of targeting “control points” (allows disproportionate share of value e.g. platform), “network externalities” (users generate more users e.g. facebook) and “virtuous cycle” (self-propogating value system e.g. Twitter: tweets generating more, value, tweeters and users) 2) Fog computing (solutions at the edge of the network) should be considered for "time sensitive" or "mission critical" solutions 3) IoT Stats 2013: $1.7B funding, 186 deals, 30% up YOY, 75% up on exits, largely in platforms; Cisco estimates 50B connected devices by 2020, economic value of 19 trillion added in next decade 4) Manufacturing and Smart Cities most immediate opportunities in Enterprise space 5) Key Challenges are security and time-sensitive networking. In summary, IoT Startups focused in a hot space need to pick clever business models relative to the competition.

IoT-Where is the Money? - Chandrashekar Raman, Engagement Manager, IoT Strate...

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“Driving Social Change Through Entrepreneurship” was an intense session that made the following key points: 1. Social entrepreneurs must evolve to the point where they understand themselves better in terms of their true motivations – that is when they can be responsible to the people whose lives they impact 2. Just good intentions are not enough, and “conscious risks” rather than “calculated risks” lead to more powerful solutions 3. Understanding deep context of the problem area is important in order to avoid solutions that create other or bigger problems 4. A mindset is required that tools, skills and expertise be acquired through collaboration and learning, rather than by relying on expertise gained earlier 5. Entrepreneurship could solve social problems faster than governments or organizations, and the time is right in India today. In summary, find your “inner genius” and act, rather than just be another expert in the landscape..

Driving Social Change Through Entrepreneurship - Ashok Panikkar, Director Met...

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“Financial Sector – Opportunities for Disruption” was a session tailor-made for finance enthusiasts and experts. Some key takeaways: 1. The size of the financial sector in India is relatively small but is growing rapidly relative to any other financial market 2. There are a number of pain points that need to be addressed 3. Barriers to entry come in many forms - regulations, high Capex costs etc – however, there are ways to lower these barriers with collaborative approaches 4. Given these trends, there are great opportunities now more than before, to bring value propositions into this sector.

Financial Sector - Opportunities for Disruption

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Learnings from Scaling” imparted the wisdom that great success is within reach if a Startup plans to scale. When the prototype is complete, and the value of the product has been demonstrated to a few customer prospects, it is also the right time to think through scale and more importantly, prepare for it. Key takeaways - 1. Say 'No' more often than “Yes” to keep razor focus 2. Develop a work culture that fosters execution 3. Set aggressive goals, however, be in touch with market forces and rally teams to achieve them 4. Create good process and a flexible organization rather than rely on ad-hoc measures 5. Identify star performers and reward with prominence rather than monetary benefits.

Learnings from Scaling (Businesses), Gunaseelan Radhakrishnan, Entrepreneur

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“Skills & Myths of an Innovative Entrepreneur” managed to educate and motivate. Innovation requires the “intuitive mind” and the “rational mind” to work in tandem, bringing the forces of hard work, keen observation, tedious research (reading & experiencing), understanding of trends and gaps to identify a problem and re-frame it into one worth solving. This becomes a viable Startup idea. The session also tackled Myths like “You are born innovative”, “Entrepreneurs are gamblers”, “Good ideas automatically attract funding” and so on – commonly held beliefs. The most motivating message we were left with – everybody can be innovative, one just needs to develop the skills and behavior to be that – an innovative entrepreneur.

Skills & Myths of an Innovative Entrepreneur

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“Angel Investment Insights” were one investor’s opinion about one specific network - Indian Angel Network (IAN). Angel funds and the “quality of money” that they bring is an important aspect for a Startup to consider. Key takeaways from the presentation 1) India has a number of rural and social problems – IAN “Impact”, a sub group of IAN encourages Startups that address these problems 2) IAN takes up to 30 % equity for its investments starting at 25lakhs ($40000) 3) IAN takes 5% equity when it only mentors and does not fund a Startup.

Angel Investment Insights

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Here are the takeaways from our speaker at last Saturday’s meeting on “Successful Apps - The Hygiene Factors” - 1) An App idea must serve a specific need, preferably be a “pain killer” rather than a “vitamin” 2) Aim to generate revenue. If you plan to be a charity, get out of the Startup business 3) Seek feedback from people (not family & friends) using a quick and dirty prototype, and ensure that the App is intuitive to your audience. Test and Test again 4) Keep budgets low, evaluate your own strengths and skills, and combine the needs of your business with the right blend of employment and outsourcing 5) Fail quickly and cheaply. Have contingencies planned, pivot or quit if need be, but quickly 6) Founders should recognize that just tech does not sell, marketing and monetizing Apps is a huge challenge

SUCCESSFUL APPS - THE HYGIENE FACTORS: SUDHIR GOEL

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“Chaipoint.com – The Power of Execution” was a session that dissected the Chaipoint case-study - a retail outlet and delivery chain that sells mainly freshly brewed Chai (tea), to the white-collared Indian worker. The Startup launched in 2010 and now serves more than 1m cups of tea and adds 3-4 retail outlets a month. The company took a simple, well-understood concept of “Chai” and achieved it's current scale through relentless execution. Key takeaways: 1) An idea without execution only remains an idea; Intellectualize, but start executing quickly to enable market validation and fine-tuning 2) Aim for profitability right from the beginning 3) How quickly you assimilate your learning into your process is also a reflection of your potential scale 4) Defining process and detail that can be used to train employees should be a key focus 5) Appropriate use of Information Technology and adaptation over time should be a hygiene factor 6) Open communication channels with employees and a flatter organization leads to quicker problem resolution as they arise.

CHAIPOINT.COM -THE POWER OF EXECUTION -TEJUS CHANDRA, CFO, MOUNTAIN TRAIL FOODS

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