Tag: Tech

Tech startup raises 1 million Dollars within 4 weeks for game-changing smart ring

Bengaluru, 2 November 2023 — Muse Wearables, an Indian tech startup founded by graduates of IIT Madras and NIT Warangal, is poised to revolutionize the wearable technology industry with the global launch of ‘Ring One.’

Ring One was launched on Indiegogo on September 26th and set a world record by reaching its goal of raising $1 million USD within 4 weeks.

This groundbreaking innovative smart ring combines cutting-edge health-tracking capabilities with seamless contactless payments, making it the world’s first smart ring that uses NFC for wireless charging and payments to date.

The smart ring is available for an early backer special price. Muse Wearables currently serves nearly 30 countries through its “Direct to Consumer” business model.

Key Features of ‘Ring One’:

Advanced Health Tracking: ‘Ring One’ can measure six different vitals, including Heart Rate, Blood Oxygen, Temperature, Respiratory Rate, Heart Rate Variability, and Blood Pressure. With clinical-grade accuracy and cuff-less blood pressure measurement, it sets a new standard in health tracking technology.

Contactless Payments: ‘Ring One’ is the world’s first smart ring to offer NFC (Near Field Communication) payments, making transactions as simple as a wave of the hand. Muse Wearables has partnered with major payment networks, including Mastercard, and VISA, to ensure global accessibility for payments.

Unique Design: The ‘Ring One’ boasts a sleek and stylish design with a “Turn wheel” interface, allowing users to switch between various modes effortlessly. Made with Titanium grade 2 and Ceramic (Zirconia), it is lightweight, durable, and water-resistant up to 100 meters.

Battery Life: With up to seven days of battery life and an extended battery life of up to a month with the charging case, ‘Ring One’ ensures users can track their health and make payments without interruption.

Global Availability: Contactless payments will be live in India, USA, Canada, Europe, Australia, Singapore, and UAE, making ‘Ring One’ a truly global solution.

Mr. K.L.N. Sai Prasanth, Co-Founder and CEO of Conzumex Industries, the parent company of Muse Wearables, commented, “With its one-of-a-kind ‘Turn wheel’ interface and the charging case’s all-new ‘Magic Glyph’ interface, Ring One offers a truly unique experience that sets it apart from any other competitor smart ring in the market.”

Mrs. Prathyusha K, Co-founder and Chief Operations Officer at Muse Wearables, explained, “Our observations of hundreds of users during the COVID-19 pandemic gave us priceless insights. The most notable one is that the wrist may not be the most optimal position on the body to retrieve accurate data. We married these findings with the learnings from the payment feature of our first hybrid smartwatch and developed something we feel is truly path-breaking – the Ring One. We like to think of it as the best of both worlds, a culmination of our past experiences and a leap into the future.”

Ring One is set to redefine the future of wearable technology, offering users a discreet and stylish way to monitor their health and make secure contactless payments. With its innovative features and craftsmanship, it is poised to become a global sensation.

Practical Learning; The Mantra for Success in Tech

“A pro-active approach of on-the-job training helps tech companies develop a workforce that is ready to serve clients on the go”

By Jilani S Founder (DIRECTOR)
BLEND INFOTECH GROUP OF COMPANIES

The times are a-changing. From mere adoption of technology to forced adaptation following the pandemic, organizations across the board have been seeking support from the tech world to ensure a return to normalcy at the earliest. A new contactless world has forced organizations to adopt technological or rather digital interventions in their entire value chains. Processes right from production and distribution to finance and HR are being digitised to build value chains that will be future-ready and more particularly averse to disruptions of any kind.

The entire mindset transformation leaning towards technology as a quintessential partner in growth has brought technology companies providing products and services into focus. However, tech companies by themselves have a lot more to prepare before they can serve clients with the right kind of products and solutions suited to their business needs. This calls for a workforce, which is up to date and skilled enough with the latest technologies and platforms. In a rapidly changing tech world, staying ahead of the competition is another important factor of success. All this calls for a carefully calibrated strategy of providing the right kind of training to the workforce taking care of their needs of up-skilling as well as practical training.

One of the most feasible and workable solution to a seemingly incongruent situation is to provide adequate on the job training to the employees.

Why is learning new skills crucial for tech?

As mentioned earlier a fast-changing business environment, which calls for quick scale-ups and adaptation, calls for organizations to deploy newer technologies that can keep pace with the current times and needs. This is exactly where the introduction of the workforce to these newer technologies and providing an opportunity to hone their skills through proper practical exposure helps. In a world of Artificial Intelligence, Machine Learning, Augmented Realities and Virtual Realities, it definitely is important to train and mentor their workforce to provide the right kind of solutions to their clients.
What makes it stand out?

On-The-Job training prepares employees for real-time engagement whenever needed. Anyone can gain theoretical knowledge in colleges, but one does not learn a skill if he/she does not have any real-time hands-on experience with a task. Managing and handling real-life problems and provide solutions to handle those problems is a must, especially for the tech world today.

We at Blend InfoTech have consciously developed a workforce that is constantly learning to keep them up to the mark. This helps us provide services like training, consultancy, and placements seamlessly managing the entire value chain. These learning have helped us provide services in the field of employee training which can be harnessed by various organizations.

Benefits of the training

The training imparted through various micro-learning modules and real-time experiences have many advantages, which organizations today are harnessing:

1. Specific and focused: On-the-job learning is relevant and saves time, so employees don’t have to do any work that requires sitting and reading through dusty manuals. It is specifically designed for employees and focuses on their needs as it is a practical way to learn.

2. Quick learning: Employees are trained while working in an organization. Getting trained on-the-job helps them learn quickly and execute tasks in real-time.

3. Immediate productivity: Within an organization, newly hired employees are an essential part of the team and have responsibilities assigned to them from day one. It ensures immediate productivity as the company resources are used right from the day employees are appointed. On-the-job training allows for training and does work simultaneously.

4. Systematic: The training program is systematic as it is far more effective than other ways of learning, as classroom learning. An employee gets to learn while the superior perform tasks and can assist his/her superior in the job.

5. Flexibility: This type of training is not a pre-made format that teaches the employees in some monotonous way. Employees learn while doing their job and using the company’s resources, and bringing results in real-time.

Especially with changing technology, training with the latest tech, and understanding the trends keeps employees satisfied with their work as well as their personal growth. Training and business development programs can be used to improve the skills and knowledge of everyone, which leads to the company’s success.

So, in order to be ahead of the curve, tech companies need to have a practically trained workforce which not only ensures higher productivity but also enhances the ability to provide the right solutions at a faster pace. Practical learning, therefore, helps not only the employees but also the employers, keeping training costs at rational levels and a workforce ready to excel.