|Dr. Shyam Vasudevarao
President and CTO
Forus Health Pvt. Ltd.
1. What are the top 3 innovative trends you see in semicon
The top 3 innovative trends I see more from an Health care
perspective for semicon are
1. MEMS and nano technologies
2. Real time image processing using GPU's and multi core DSP
3. Microarray for gene mapping, point of care/ screening
devices In the recently conducted study, India, with a global
rank of 30, ranks seventh in the sample set of countries in
terms of quality of scientific research institutes. Although
quite encouraging, there is definitely scope for improvement
2. What part does India play in Forus Health’s overall
technology and marketing strategy?
Forus is mainly focused on developing technologies for
reaching out health care for the masses.
India is the right market for this and also the place which
deserves these technologies. Once we prove this in India, we
can take this to other emerging countries like China, Africa
etc where the problems of affordable health care if a
challenge. Forus typically position their products for rural
outreach in India, where there is high volume and thus we make
High quality and affordable price and easy to access. The same
technology can be packed for the developed nations as home
health care or wellness and preventive care products.
3. What are the critical challenges facing companies
looking to develop or expand existing semiconductor operations
My focus has been on Health care and what I can say is that we
are at a infancy stage when it comes to health care products
or system development.
The ECO system with right competence and sub system /
component manufacturers is still in its infancy. Also we need
clinical validation, certification and funding to give a boost
to this ECO system if we are thinking of making India as the
hub for health care and medical instrumentation.
4. How do you place the competency of Indian product
companies as compared with MNCs?
In India we have very good IT/ BPO/ KPO competence and most
part of this also utilised for health care system development.
However when we talk of product development, interdisciplinary
skills are needed and that is where we have a challenge. I
would say Public Sectors have better competency for product
development that MNC's units in India or other Indian product
companies but this is all in a very niche areas like defence
and satellite technology.If we compare MNC's with Indian
Product Company, on the sub systems involving software system
development, we are at par with any MNC's but when it comes to
head end processes like research, innovation, proof of concept
prototyping, requirements elicitation, open innovation,
interaction with academia etc., we have a huge opportunity and
as there is a big gap.
Again on the product integration we see a big gap in
competency like interacting with ECO system, sub contract
management, component sourcing, handling third party IP's etc.
The gap is less in the development phase of the product life
5. What would be the key market drivers in 2012?
The key drivers in 2012 could service factory driven by some
technologies and products to deliver high end services. Value
engineering for hi tech and high reliability products and
systems.Local for local and local for global product
development particularly in Health care. In health care KPO
could be another key driver.
6. How do you see the Indian engineering education
scenario? What do you think are its strengths?
The IT boom has definitely helped and fueled engineering
education, however the side effect is that the entire
engineering education has got too polarised towards IT and
ITES. This has also lead to a digital device between IT and
non IT disciplines and interdisciplinary competencies needed
for product development has taken a back seat.In today's
education system we have very less hands-on and practical
exposure. The great strength in Indian education system is
that the foundation is strong and people are highly adaptable.
If we see that there is a growth opportunity in a particular
field, soon we can get the system to build capacity in that
field. This we have already seen with the service industry
growing rapidly in India.
7. How does your company plan to leverage the unique needs
of India in the various market verticals?
Health care product development needs a large patient
population for validating our products and also build
innovative business models to deliver health care. We have
this unique opportunity in India.All the while India had good
talent, great ideas, government support etc, but local market
was not attractive from a business point of view. Now even the
market is growing at a fast pace in India due to fast growing
economy. We at Forus are rightly positioned to make good use
of this opportunity and fulfil the grand vision of
democratising health care.
About the author
Dr. Shyam Vasudevarao
President and CTO Forus Health Pvt. Ltd.
Forus Health Pvt. Ltd.
Dr. Shyam holds a doctorate in Real Time Embedded Systems,
specialising in Parallel Computer Architecture from Indian
Institute of Science (gold Medal) & has been with CG Smith,
Ericsson, Tata Consultancy Services and Philips. He was
instrumental in devising one of the first hardware based
antivirus solution in 90s.
At Tata Consulting Services as Product Manager, Dr. Shyam
spearheaded their new product development initiatives,
including the product development programs on Wireless
Communications and Medical Electronics. He was involved in
university relationships for joint research programs with IISc
Bangalore & IIT Mumbai and Alborg University in Denmark to
work on wireless technology and medical electronics.
During his stint at Ericsson, Dr. Shyam was responsible for
building a technical team of 100+ engineers, involved in the
execution of their product development activities at
Bangalore. While at Ericsson, he was on a special assignment
at their head office in Stockholm, as a Strategic Product
Manager for over 2 years. This involved building revenues and
profits, through innovative and creative business strategies
and extensive customer-centric business analysis
About Forus Health Pvt. Ltd.