IBM in association with T-Hub and Manipal
Hospitals, announced Oxyent Technologies as the winner of its IBM Smartcamp
for Health Tech 2016
challenge, an exclusive program aimed at identifying Startups having
cutting edge innovations in the healthcare industry in India. UE Life Sciences
and DailyRounds were second and third winners respectively. The event held on October
21, 2016 at T-Hub’s Catalyst building was a great opportunity for the participating startups to
present their solutions to a panel of VCs, angel investors, enterprise CIOs,
IBM executives and key influencers in the health care domain. The winners were
felicitated by BVR Mohan Reddy, Former Chairman of Nasscom at the event.
IBM SmartCamp, which was held in
Hyderabad in association with T-Hub, India’s largest startup Ecosystem player
and Manipal Hospitals, is a part of IBM’s Global Entrepreneur program
initiative. The event was aimed at identifying startups in the B2B and
B2C space in India who are poised to redefine the healthcare industry through
their technology innovations. The winners of IBM Smartcamp will be given access
to IBM Cloud credits and can leverage the best of IBM technologies around
Cognitive, Cloud, Analytics, Mobility, IoT and Infrastructure as a service. All
participants will also get an opportunity to learn from IBM’s senior leadership
and industry experts. After the great success of the IBM Smartcamp for Fin Tech challenge, the IBM Smartcamp for Health Tech invited
startups which use innovative technology to scale their business and launch
products to solve real world problems.
“IBM Smartcamps are designed and aimed at
providing opportunities for startups to get mentorship and work with IBM and
industry experts to scale up their business quickly, particularly by taking
advantage of cognitive and cloud-based technologies. The focus of IBM Smartcamp
for Health Tech initiative was to provide the startups in healthcare an
opportunity to showcase their products and get inputs first-hand from various
stakeholders,” said Seema Kumar, Country Manager, Ecosystem
Development, IBM India and SA. “At IBM, we are committed to empowering the
next generation of start-ups that develop solutions to solve the most complex
problems in the country. We are bullish on the potential of the Indian startup
ecosystem to make effective use of technology to rapidly transform and improve
the quality of healthcare solutions in the country.”
The winners were chosen after multiple level of
screenings and panel rounds by the jury members. The winners were judged on
various parameters like innovative solution, features & demos, ability to
scale, team behind the product, and the market size they are addressing with
their solution.
The winner of the IBM Smartcamp for
Healthtech 2016, Harpreet Singh, Founder Oxyent Technologies said,
"As an offering, we are engaged in developing affordable healthcare
products focusing on improving the quality of health of children and providing
decision support in their clinical practices. Enterprise technologies like IoT,
cloud computing, big data and analytics are a pillar to our solution. IBM
Global Entrepreneur program provided us free access to world class proven IaaS
via Softlayer and best practices of PaaS in Bluemix. As a startup getting
technical mentoring from IBM mentors in utilizing best practices in IoT and
building on knowledge base of Watson will provide us an opportunity to be a
world-class solution provider in child healthcare. The Smartcamp organized by
the IBM Global Entrepreneur program provided us a platform to interact with top
investors and healthcare domain mentors in India. The valuable insights on
improving our offering and scale up techniques received from the mentors will
makes us more viable for future investments. We also had discussions with
relevant people in the Healthcare for synergies. It was a fantastic experience
we had throughout the Smartcamp and it is even more rewarding to be announced
as a winner amongst the best Healthtech startups in India. We are also grateful
to T-Hub for giving us such a great learning platform.”
Jay Krishnan, CEO T-Hub expressed, “We are excited to partner with Industry leaders such as IBM
and Manipal Hospitals to facilitate events like the Heath Tech Smartcamp
Challenge 2016. Such events will benefit startups in the ecosystem working in
the area of healthcare innovation. Our mission overall is to lead sector
specific collaboration between cutting edge startups and corporates looking for
innovations in their domains.”
IBM Global
Entrepreneur Program is a startup initiative by IBM which engages with the startups and
provides them free cloud credits on IBM Cloud Solutions like Softlayer and
Bluemix worth $24,000 for one year. With this initiative IBM also provides
technical mentoring, assist the go to market and work with the accelerators of
India. The primary focus for IBM through Smartcamp is to identifying the next
gen Startups in different industries and helping them scale.
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