Friday, December 11, 2015

TECH/ SOCIAL SPECIAL................ SOCIAL IMPACT 2.0


 SOCIAL IMPACT 2.0


Technology is making its way into the social arena and the bottom
 of the pyramid as new-age entrepreneurs embrace it with gusto
 to reach a greater number of people.

Uniphore Software Systems, which develops voice biometrics and speech
 analytics software in 30 global and Indian languages, is running a pilot
with taxi and auto-rickshaw drivers in Delhi-National Capital Region to see
 if its speech detection technology can be an effective English-language
teaching tool. The project is for a telecom company that wants to offer
 English learning capsules over the phone to its subscribers.
The seven-year-old company, incubated at IIT-Madras' Rural Technology
 and Business Incubator, boasts of 70 enterprise clients in industries like
healthcare, banking, agriculture, financial services using several of its
products that were originally developed for rural markets.
“Designing technology for rural customers turned out to be a good
business bet,“ said Umesh Sachdev, cofounder and chief executive of
Uniphore. “We realized we had developed technology for the harshest
of conditions.“
Uniphore's kitty of products for voice biometrics, speech analytics and
virtual assistance has found takers also in South-East Asia and the
Middle East; the company's now targeting the US market. Its technology
has earned it the backing of investors IDG Ventures, Yournest Fund,
 Stata Ventures, Indian Angel Network and Infosys cofounder Kris
Gopalakrishnan. Overall, Uniphore had raised about Rs 22 crore in
venture capital funding, as per its filings for April with the Ministry
of Corporate Affairs.
Entrepreneurs like Sachdev herald a movement where the adoption
of technology to solve problems at scale for large masses of low-income
 and rural or small town users is becoming more commonplace.
Companies like Forus Health, Artoo, NextDrop, AquaSafi UE LifeSciences,
 NowFloats and Skymet are among those spearheading this.
“Technology will be a game-changer as far as going to market is concerned
 and people at all levels will use it,“ said Amit Bhatia, chief executive of
 industry body Indian Impact Investors Council (IIIC). “In healthcare,
for example, technology is bringing prices down and a doctor doesn't
have to be there at every primary interaction...Technology allows social
 enterprises to scale, create low-cost technologies and products that people
 can leverage.“
Venture capital investors injected $480 million (about Rs 3,200 crore) into
 tech and non-tech social enterprises in 2014, compared with $235 million
 in the previous year, according to IIIC.
Bengaluru-based Artoo is rolling out a virtual assistant for field agents of
non-banking financial companies to manage daily tasks and schedule
appointments with potential borrowers. “There is a big frenzy out there.
The one who succeeds will be the one who can give out loans in a day,“
 said Sameer Segal, cofounder and CEO of Artoo.
Artoo, which originally developed customer relationship management
software for field agents of microfinance institutions, is repositioning itself
to cash in on the big boom involving the micro, medium, and small
enterprise (MSME) sector--or the `missing middle'--that is in dire need of
 credit.
The sector faces a credit gap of Rs 3 lakh crore according to industry
estimates. In 2014, more than 400 million people borrowed money, but
 fewer than one in seven were approved for a formal loan, according to
a report by Omidyar Network, the philanthropic investment firm of eBay
 founder Pierre Omidyar.
When Artoo's team went back to the drawing board to design the virtual
assistant, they had to take into account a significant shift in the behavior
and usage patterns of this target audience. Both borrowers and field agents
 were digitally savvier and comfortable with applications such as
Facebook and Whatsapp, said Segal. Now, something as rudimentary
 yet time-consuming as collecting a borrower's contact details can be
captured by taking a picture of a shop's signage with this product, which
 uses optical character recognition technology.
As the new economy throws up a bagful of opportunities--many at the
intersection of consumer internettechnology with potential for scaled
social impact--designing technology for a grassroots audience requires
an outside-in approach with a deep understanding of local contexts and needs.
“Technology by itself is usually not a solution,“ said Phoebe Sengers,
associate professor in information science and technology studies at
Cornell University. “You also need to think about how that technology
 is going to fit into people's existing practices, what institutions or
organisations might be affected by your technology, how it will affect
 relationships, be marketed and sold or otherwise made available and
understandable to people you want to reach.“
Cultural variables apart, entrepreneurs say it is important to design
technology that will function seamlessly in vastly differing environmental
and geographic conditions. When Uniphore's founders were developing
Akeira, an interactive voice response software, they realized that their
 main challenge was not language but dialect and accent, which could
vary every 100 kilometers.
“(Akeira) needed the ability to handle different dialects. Also, calls
coming from far-flung areas come with background noise--the signal-to-noise
 ratio was skewed,“ said CEO Sachdev.Today, Akeira supports 150 dialects
globally and is used by large enterprise clients including SKS Microfinance,
 ITC and World Health Partners.
When Bengaluru-based Forus Health developed 3nethra, a portable
pre-screening ophthalmologic device, the company ensured it was
rugged enough to weather arid terrain or rain forests. The device
requires 8-10 watts of power, can work with solar panels, costs a fraction
 of western models, and can be used by minimally trained technicians.
To date, doctors in 20 countries have used the device to test some
1.5 million people, said K Chandrasekhar, CEO at Forus.
The `base of the pyramid'--representing the largest but also the
poorest socio-economic group--provides many contexts that have
 strong design constraints, which force a kind of creativity and fresh
 thought, Sengers said.
But impact requires adoption at the very bottom. For this, technologists
must put on a business hat to put together a model that they can
convince small entrepreneurs to adopt. “As technology continues
to make progress, solutions in the social sector become more and
more feasible,“ said Gururaj Deshpande, founder of Deshpande
Foundation, an incubator for social businesses.
“However, it takes a whole new breed of social entrepreneurs
to convert the technology platform into solutions..

Shonali Advani

ET4DEC15






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