NARK is an Internet Of Things solutions company providing monitoring hardware and software services in the field of health-care currently and expanding to power and structural monitoring sector. Our product Vsenze is a comprehensive AI enabled platform which provides first of its kind AI and IOT enabled CMMS platform.
We provide a complete real-time monitoring enabled maintenance system for all the medical equipment in more than 2500 hospitals in Karnataka. This is the first of its kind large scale deployment of IOT solutions in a critical application in India and Globally. We are deploying 5000+ sensors which are monitoring the operations of critical medical equipment and helping the maintenance teams with a revolutionary predictive approach to maintenance. The ability to perform predictive maintenance comes with a deep insight built by our team of machine learning experts working closely with the on field biomedical service engineers to ensure the best in class prediction engine.
We have always wanted to create products and enjoyed large scale complex problem solving. There have been early stage hiccups, mistakes, leanings, but today we are a mature enterprise with the ability to scale up large and rapidly.
We currently service close to 3000 Government hospitals in Karnataka where we have the entire state equipment data mapped on to our systems and serviced by our engineers. On critical equipment like ventilators and baby warmers we also have our real-time predictive monitoring sensors integrated to help our maintenance team with predictive failures ensuring 99% of up-time in the machines. It is an extremely humbling experience when we hear from the customer about how or technology makes a tremendous difference in the lives of million's of people in the state.
There are many stories where our data helps the senior officials centrally to ensure a high quality service is provided to even the remotest of villages across Karnataka.
We have been boot strapped and operationally cash positive. We are looking at strategic capital which is aligned to our vision of growth and can help enabling rapid growth and global expansion as we plan to launch our platform by early 2020.
Partnerships
Business expansion, market access and technology partnerships - This is something we always look out for to learn and grow with experts. Our academic partner IIT Madras and industry engagement with ARM have both helped us to learn and grow our partners.
We are extremely happy to see how the nation is been steered in the right direction with aggressive start up culture and policies to support them.
JNARK RESEARCH AND DEVELOPMENT.
A. Jeyaprakash, CEO.
Suresh Srinivasan, COO.
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