MosChip bags Order to provide design services and manufacturing of Custom Silicon Solution

MosChip bags Order to provide design services and manufacturing of Custom Silicon Solution

Hyderabad- MosChip, a Hyderabad-based leading Semiconductor Company informs that its US subsidiary has entered in to an Agreement with one of its valuable partners in the US to produce and support a custom silicon solution for its digital cinema product.

The value of this current engagement is nearly USD 1 Mn to be executed during the next two quarters. This also enables MosChip to establish a footprint for continued engagement in delivering digital cinema silicon and systems solutions.

With this new partnership, MosChip continues with its vision in the semiconductor market to provide custom silicon design and support for full production, says Damodar Rao Gummadapu, Director of MosChip. It is a great opportunity for us in the international market to build long term relationships, leveraging knowledge and experience to provide something revolutionary to the market, adds Ramachandra Reddy, Chairman & CEO of MosChip.

When IoT goes Industrial

When IoT goes Industrial

“As Per IndustryARC research (June 2016), the industrial IoT market is estimated to reach $123.89 Billion by 2021 at a high CAGR.”

The market opportunity of the IIoT is huge. The driving philosophy behind the IIoT is that smart machines are better than humans at accurately, consistently capturing and communicating data. This data can enable companies to pick up on inefficiencies and problems sooner, saving time and money and supporting business intelligence efforts. In manufacturing, specifically, IIoT holds great potential for quality control, sustainable and green practices, supply chain traceability and overall supply chain efficiency.

IIoT incorporates machine learning and big data technology, harnessing the sensor data, machine-to-machine (M2M) communication and automation technologies that have existed in industrial settings for years. It could create a number of new “smart” paradigms, such as smart power grids and smart healthcare, as well as lead to the development of new manufacturing ecosystems that are driven by self-aware, autonomic machines.

McKinsey estimates that IoT will have a potential economic impact of up to $6.2 trillion by 2025 and the potential to drive productivity across $36 trillion in operating costs across multiple industries, including manufacturing, health care, and mining.

Size and market impact of the Industrial Internet of Things – source: Morgan Stanley, IndustryARC, Accenture and Research and Markets.

But it would not be wrong to say that “the devil is in the details”. Devices that can connect to one another and over the web potentially threaten our Industrial Control Systems (ICSs). More specifically, as business requirements necessitate that industries move beyond “smart” devices merely as a means of control, they might run into obstacles as they seek to incorporate IIoT into their industrial environments.

There are some big challenges that industry will have to deal with before the benefits of IIoT can be maximized.

Interoperability

Concept of IIoT (or even IoT, in this case) is fairly new and making sure that different IIoT devices will work together is still a fairly complicated task. To achieve full interoperability, the industry will have to build and implement standard protocols, compatible interfaces and architectures.

Security:

Virtually everyone agrees that security is a critical issue for Internet-connected industrial systems. Dell Inc., a member of the Industrial Internet Consortium, listed security at the top of its list of IIoT challenges. The technical challenge is to secure Internet-connected devices from cybernetwork attacks, as well as local physical attacks.

Adaptability and Scalability:

Adopting the Industrial Internet of Things will require a change in the way organizations design and augment their industrial systems. IIoT systems must be adaptive and scalable through software or added functionality that integrates with the overall solution, notes Eric Starkloff, executive vice president of Global Sales and Marketing for NI.

Maintenance and Updates:

Industrial Internet components need to be built with maintenance and updates in mind. Industrial systems need to be continually modified and maintained to meet changing requirements.

Flexibility:

Industrial infrastructure is no small investment. To be capable of adapting to changing requirements over time, the need is to build on open, integrated hardware and software platforms, and a real-time network that can scale with new technologies.

Despite this challenging scenario, the Industrial Internet of Things (IIoT) is a major trend with significant implications for the global economy. It spans industries representing 62 percent of gross domestic product (GDP) among G20 nations, according to Oxford Economics,1 including that depend on durable physical goods to conduct business, such as organizations that operate hospitals, warehouses and ports or that offer transportation, logistics and healthcare services.

IIoT Benefits

• Vastly improved operational efficiency (e.g., improved uptime, asset utilization) through predictive maintenance and remote management
• The emergence of an outcome economy, fueled by software-driven services; innovations in hardware; and the increased visibility into products, processes, customers and partners
• New connected ecosystems, coalescing around software platforms that blur traditional industry boundaries
• Collaboration between humans and machines, which will result in unprecedented levels of productivity and more engaging work experiences

Future of IIoT

The good news is the Industrial Internet of Things is already here, at least among the most forward-thinking companies. We should soon see IoT machines who not only have Ethernet connectivity, but also support 3G and LTE Modules. Apart from that, we will also be seeing new IoT protocols as well as improved classic ones which will result in faster, easier data transfers between more compatible devices.

The challenge is that most businesses are not ready to take the plunge. But amid the new, an old truth remains: business customers need products and services that create more value for them than those on offer today. The emerging Industrial Internet will unleash new energy into the world of industrial products and services. To be a viable stakeholder as well as partner in the digitally contestable future—and thus generate new revenues—companies will need to make the necessary changes. The time to push is now.

How IoT-MD has the Potential to Improve Healthcare

As we’ve continued to explore IoT in its various applications, there has been no shortage of innovation. From safety and efficiency applications in the construction equipment industry to resource saving and energy monitoring use in the power systems equipment industry, IoT has shown its worth across the board. Just as it’s helped organizations in construction and power equipment industries thrive, the power of the Internet of Things could also mean big things for medical equipment manufacturers.

Today, it has become increasingly possible to remotely monitor a patient’s health with the use of the network of sensors, actuators and other mobile communication devices, referred to as the Internet of Things for Medical Devices (IoT-MD). The IoT-MD provides an environment where a patient’s vital parameters get transmitted by medical devices via a gateway onto secure cloud-based platforms where it is stored, aggregated and analyzed.

Health and wellness is one of the most promising application areas of IoT technology. The Internet of Things (IoT) is increasingly being recognized by researchers and analysts as one of the most sophisticated technologies that has the potential to not only affect the health, safety, and productivity of billions of people but also has a major economic impact.

Applications of IoT-MD

Increasingly digitally-savvy customers, the focus on overall experience and new connected possibilities have propelled the medical device industry to seriously explore IoT’s short- and long-term business possibilities. This blog speaks how the IoT is transforming the medical device space, and how medical device companies can harness the IoT’s potential.

Not surprisingly, the IoT is making strong inroads in the medical devices industry. Medical devices companies are transforming themselves from devices/consumables providers to disease/care management organizations. Digitization in acute care, chronic care or in adherence is greatly aided by IoT-powered medical devices such as subcutaneous drug delivery units, continuous glucose monitors and vitals monitoring equipment.

There are also more fundamental shifts forcing medical devices companies to reinvent themselves: the consolidation of group purchasing organizations (GPOs) and accountable care organizations (ACOs) under healthcare reform, the growing focus on prevention and wellness management, technology convergence, value-based healthcare, etc. The arrival of digital enterprises such as Google and Apple into the consumer health space is ushering in new possibilities. The confluence of all these currents has led medical device companies to innovate from within or via deeper ecosystem collaboration.

At a Glance: The Connected Devices Space

Medical devices present unique IoT challenges. These include the wide spectrum of therapeu­tic areas, the broad range of medical technolo­gies, the diversity of network protocols, critical security and vulnerability considerations, regulatory compliance imperatives resulting from the handling of patient data and stakeholders with varied interests.

Challenges in IoT-MD

The significant challenges in the integration and management of IoT-MD include:

• Managing device diversity and interoperability
• Data integration
• Scale, data volume and performance
• Flexibility and evolution of applications
• Data privacy
• Need for medical expertise

Benefits of IoT-MD

• Lowered cost of care
• Improved patient outcomes
• Real time disease management
• Improved quality of life
• Improved user experience

The Future of Medical Equipment Lies in Connection

With so many benefits of medical equipment connectivity, we can bet on seeing more and more of these IoT connected devices populate care centres. Those in the medical equipment industry have a myriad of application opportunities ahead of them with the kinds of data these sensors can provide. Here are just a few of the benefits medical equipment manufacturers will realize with possibilities of connected sensors and devices:

1. Monitoring

While connecting patient, medical devices can provide unparalleled access to individual health, with connected equipment, techs can also monitor the health of the machines of which they’re in charge. This is especially helpful for those must-have machines that are imperative for patient care. Having this kind 24/7 automatic monitoring can give piece of mind to those organizations in charge of keeping vital medical equipment up and running.

2. Equal Distribution.

Keeping equipment running is the main concern for medical equipment companies, but making sure it’s used effectively can also help service organizations see tremendous benefits. IoT Sensors have the ability to reveal how long, how often, and how well machines are being used. This means that if one piece of equipment is continually overused, while is rarely used, companies can make adjustments so they receive equal wear. Similarly, scheduling times for equipment use can be made easier by updating reservations through cloud based software. Thus, avoiding over booking and resource exhaustion.

3. Implementation

With an endless flow of data from device to manufacturer, companies receive insights into how equipment can be modified or upgraded. For example, if a particular device tends to use resources too quickly, the manufacturer can change the design in the next iteration of the equipment. Useful data about the efficiency or performance of the equipment can make the manufacturing process more efficient, and by relation, healthcare as well.

We foresee that the digital divide between industrial IoT and consumer IoT will start to dissolve, giving rise to new business possibili­ties. For instance, the replenishment orders for nutrients used in a medical pump may find its way from consumer to logistics to production planning. In an abstracted and consumable form, medical device companies will be able to demon­strate how an ecosystem of devices work together as a way of providing transparency and facilitat­ing more informed consumer decision-making.

Medical devices are likely to have built-in user preferences to control how personal data is com­municated and shared. Consumers may opt to allow devices to communicate only the device’s health status or allow exchange of full informa­tion, or various combinations thereof. We expect, in the next few years, user-controlled connected medical devices to become ubiquitous. The pro­gression of the IoT is set to unleash new frontiers in customer-centricity with unprecedented levels of digitization in the medical devices industry.

Is your organization ready?

Moschip has been a pioneer in the field of Semiconductors Design Services, with constant innovations, technological advancements and vision oriented leadership. Moschip has also put its footprint in the field of IoT, Cloud and Connected Devices domain. Driven by a positive outlook, Moschip is moving to more flexible, agile models.

Get in touch with us today to know more.

IoT Roadblocks and Opportunity

IoT Roadblocks and Opportunity

The Internet of Things is projected to infuse some $7.1 trillion of value into the global information technology economy by the year 2020. But when will it start reaping the benefits?

The Internet of Things (IoT) is a goldmine waiting to happen, says a new report from management consulting firm McKinsey & Co. However, according to its findings, we may have to wait for a long time to unlock its full potential.

The demand for connected devices spans multiple industries, including energy, automotive, consumer devices, healthcare and more. While smart homes may be the consumer face of this movement, the broader potential lies in other areas—like manufacturing, connected cities, healthcare and retail.

The biggest opportunities lie outside some of the “flashy” consumer-level devices like wearables, thermometers and smart refrigerators. The real opportunity lie in industrial IoT. This market is set to reach $151 billion by 2020, according to, MarketsandMarkets. This brings a dramatic change to manufacturing, energy, agriculture, transportation and other industrial sectors, considerably affecting the way companies work. IIoT will evolve to encompass next generation methods and procedures such as “teleoperation” (operation of a machine at a distance), tele-robotics, and other areas that rely upon interface and control of real objects by virtual objects.

The benefits of the IoT are limitless. However, there is a range of complicated factors that pose big hurdles in its full growth.

1. Internet Access:

Though on one side we talk about connected world, Internet is still a far cry in many areas of the world. While companies like Google are working hard to change this with its balloon-powered Internet and other low-power, low-cost ways to spread the Internet, success has been spotty to date.

2. Customer Base:

There aren’t many large potential customers yet. While there are roughly 10 billion sensors deployed today for natural resources, production lines, electricity grids, logistics networks, recycling, homes, offices, stores and vehicles, many are not connected to the Internet or even parts of a network. The investments needed to complete these connections won’t materialize until the revenue potential is clear. Most organizations have been slow to embrace the potential of connecting everything.

3. Lack of standards:

More than 400 standards already exist, which is rather a good amount. The focus now should be now on building standard communication protocols for the sensors they embed into their products, rather than creating data silos with proprietary protocols. The OEM’s producing industry ready IoT devices will need to invest a lot of money and time to create standardized protocols common for all IoT devices or else it will delay product deployment across different verticals.

4. Privacy issues:

The possibility of tracking and surveillance of people by government and private agencies increases as the devices are constantly connected to the internet.

These devices collect user data without their permission, analyze them for purposes only known to the parent company. The social embrace of the IOT devices leads people to trust these devices with collection of their personal data without understanding the future implications.

5. Security:

With so many interconnected devices out there in market and plenty more to come in the near future, a security policy cannot be an afterthought. Smart and connected devices systems and other tools can be attacked or deployed to access highly sensitive data, as scholars and others have highlighted. Also, simply flooding the frequencies of wireless networks can paralyze them. An Internet of Things is no good if the things can’t talk.

6. Power Consumption:

By 2020, Gartner estimates that the number of smart devices would reach 25 billion by 2020, an increase of 100% each year. And the Internet of Things is likely to require even more.

Even with improved batteries and green sources like solar and wind, just meeting the demand will be difficult. Because large deployments mean the batteries in nodes may not be rechargeable or even replaceable, we’ll probably need energy harvesting—in which systems capture and store power from ambient sources like solar or kinetic energy—to power a vast array of lower-power gadgets without batteries.

7. Storage Management:

However, even if the capacity is available now, there will be further demands made on storage availability. Businesses will have weigh up the economics of storage against the value of IoT information. IoT applications will require end-to-end solutions including cloud storage support.

While IoT brings about new opportunities; at the same time, it adds multiple layers of complexity. Yet none of these challenges is necessarily a reason to oppose the Internet of Things. The Internet of Things is a natural extension to the capabilities the Internet of today provides.  With its potential to revolutionize the way we behave with things around us, the next generation of connected devices is already starting to create an interactive interface with our lives.

Ram Reddy, Chairman MosChip elected as an Executive Council Member in IESA.

India Electronics and Semiconductor Association (IESA), today announced Ram Reddy as an Executive Council Member, effective immediately.

A veteran of the semiconductor industry for decades now, Ram is known for his global business, operational and industry expertise. He has over 40 years of experience in Silicon Valley in the areas of design, manufacturing and marketing of various integrated circuits (ICs). He has successfully started several semiconductor design companies and sold them to larger companies in the last 18 years.

While speaking about his current role at IESA, Ram, said “As an Executive Council Member of the IESA, I’m inspired by the Ideas and ability to push the boundaries of industry networking, which would further allow me to, enable innovations to drive the Indian Electronics Systems and Design the Semiconductor ecosystem forward.” He further added, “I am honored to serve as an Executive Council Member and would like to thank to IESA for giving me this opportunity.”

IESA is the leading trade body representing the Indian Electronic System Design and Manufacturing ESDM industry and since 2005. With over 230 members in domestic and multinational enterprises. IESA builds a global awareness for the Indian ESDM industry and supports its growth through focused initiatives in developing the ecosystem. IESA is also working towards government initiatives like ‘Make in India’, ‘Start-up India’ and ‘Digital India’ giving them valuable consultations.