Archive for the ‘Innovation’ Category
As the start of a new year is the time when many of you are doing some extra imagining and planning and creating, we thought we’d do our bit and throw in a handful of consumer trends that are begging to be applied in the next 12 months.
Click Here for the Trends of 2014
Tired of strapping ugly, uncomfortable styrofoam-and-plastic turtle shells to their heads, the pair came up with a pretty revolutionary solution that does manage to give you full head protection without, remarkably, wearing anything on your head.
Regardless of how wrong they are about discounting cars in the future, they’ve done a pretty impressive job with the design and engineering of this, and I wish them all sorts of luck.
Eko leverages existing retail shops, telecom connectivity and banking infrastructure to extend branchless banking services to the common man. Eko also partners with institutions to offer payment, cash collection and disbursal services. Customers can walk-in to any Eko counter (retail outlet) to open a savings account, deposit & withdraw cash from the account, send money to any part of the country, receive money from any part of the world, buy mobile talk-time or pay for a host of services. A low cost mobile phone acts as the transaction device for retailers and customers.
Eko provides a multi-modal (USSD, SMS, IVR and Application) approach to perform a transaction, hence the service works across all phones i.e. lowest to most sophisticated handsets. Eko also uses a two factor strong authentication to complete the transaction. It has created and patented a low cost One Time Password (OTP) generator called ‘OkeKey’. Performing a transaction only requires numeric literacy for number dialing. It has created a world-class transaction platform called ‘SimpliBank’ that is used by multiple partners.
Click Here for their website
Building upon the Honey Bee network philosophy, the National Innovation Foundation-India (NIF), started functioning in March 2000 as India’s national initiative to strengthen the grassroots technological innovations and outstanding traditional knowledge. Its mission is to help India become a creative and knowledge based society by expanding policy and institutional space for grassroots technological innovators. NIF is committed to look for grassroots innovators who have developed technological innovations in any field of human survival without any outside help.
NIF helps them get due reward for their innovations and ensure that such innovations diffuse widely through commercial and non-commercial channels generating incentives for them and others involved in the value chain.With major contribution from the Honey Bee Network, NIF has been able to build up a database of more than 1, 81,000 ideas, innovations and traditional knowledge practices (not all unique) from over 555 districts of the country. Through the collaborations with R&D institutions, NIF helps in getting these innovations validated and converting them into value added technologies/products.
NIF has filed over 595 patents on behalf of the innovators and outstanding traditional knowledge holders of which thirty five patents have been granted in India and five in USA. Micro Venture Innovation Fund at NIF has provided risk capital for 186 projects, which are at different stages of incubation. NIF has succeeded in commercialising products across countries in six continents apart from being successful in materialising seventy cases of technology licensing to eighty licensees with the help of partner agencies.
NIF has proved that Indian innovators can match anyone in the world when it comes to solving problems creatively, where they perform better than rest is in generating greater sustainable alternatives by using local resources frugally. Those who see poor only as the consumer of cheap goods, miss the knowledge richness at grassroots level. The Grassroots to Global (G2G) model that NIF is propagating is all set to change the way the world looks at the creativity and innovations at grassroots.
Click Here for their website and more info
Space Saving and innovative !
Very interesting concept, can be developed easily for any crowded place.
Here is your chance to get your bright and green idea implemented! To push for renewable energy and its application, Greenpeace has come up with an Innovation Challenge. We are looking for designs for a renewable energy powered irrigation pump to help farmers in Bihar.
Currently, the farmers are using diesel pumps to irrigate their farm lands. But rising diesel prices are making the operational cost of existing pumps expensive. The need for a new design is urgent which is more sustainable. Solar pumps do exist, but have a number of issues: they’re expensive, fragile, easily stolen, and viewed as unproven.
Imagine a pump which can solve these issues! To facilitate the idea of an alternative pump design, we’re hosting a challenge that’s a little different from most engineering competitions. The process is transparent: as soon as a design is submitted it’s open to the public and other entrants to review. Participants get feedback from experts in the field and the opportunity to iterate on their design in a real-world scenario.
30,000 Euros prize money under all categories and a chance to work with us to prototype their concept in farmers fields in India!
The challenge starts on September 3 and runs for 10 weeks. More information is available at http://www.greenpeacechallenge.org
We look forward to your participation! Spread the word in your networks, institutions, colleges and workplaces.
We need smart design ideas to make irrigation clean, viable and affordable!
Filthy Streets? Truant Teachers? Karl Mehta’s Got an App for That
Shortly after the ravaging Hurricane Sandy hit the East Coast heavily last year leaving an estimated $68 billion of damage in its wake, San
Francisco Bay Area venture capitalist Karl Mehta was at the White House and heard government agencies, such as FEMA, come together with companies like Google to rebuild the area and provide for its victims.
“This gave me first-hand insight as to how a combination of the public and private sectors could come together to manage these types of situations,” Mehta told reporters in a teleconference with the India media Aug. 15, shortly after launching the initiative “Code for India.”
The unique initiative aims to gather 1 million software engineers from throughout the world who will volunteer for eight hours a month to develop mobile applications that address India’s most-pressing needs.
“It’s better than someone handing you an $80 million check,” said Mehta, noting that the project has a potential value of $800 million per month. “Code for India” will focus on issues in education; health and sanitation; food and water; and entrepreneurship. The project develops solutions based on citizen input: “If you see a problem and think there should be a solution, type it into our wiki, and thousands of engineers will work on it,” said the Mountain View-based Mehta, adding that he already has a team of 300 volunteers, many from Google, Facebook, and Amazon.
Click Here for more