Millennial start-ups showcase innovative solutions built on IBM Cloud platform @ India Labs Engage 2016
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 the 40 plus 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 companiesto 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.
According to the release, 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.
- 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.
- 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.
- 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.
- 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 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.
