Insights Success The 30 Most Valuable Tech Companies Insights success November2016

Ineda Systems:
Enablers of IoT Revolution
Ineda is the pioneer in ultra-low
power chips for the IoT and
Wearable industry. Ineda’s SoCs
are built on a powerful new
architecture called Hierarchical
Computing Architecture that is aimed
at extending the battery life while
allowing the devices to be in the
always-on condition to achieve
contextual computing. It enables
optimal use of CPUs, peripherals,
accelerators and memory banks based
on use cases. Ineda’s SOCs (System
On a Chip) are built with end-to-end
security in mind for IoT applications.
Most of the companies in India work
on parts of chip design process and
some specialize in full chip design, but
there are no companies in India that
can comprehensively design a chip
product end-to-end the way Ineda does.
Ineda delivers the entire Solution-all
the way from product specification to
product delivery to customers along
with the associated platform and
software development kits. While most
of Ineda’s competitors work at Board
Support Software package, Ineda
delivers a full SDK (Software
Development Kit) which is application
ready and minimizes time to market for
productizing IoT solutions. Ineda
works with customers and extends the
guidance, support & plays a valuable
role in prototyping, development and
manufacturing stages till the final
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IoT/Wearable solution is deployed in
the market.
Experience usher in Achievers
Balaji Kanigicherla founded Ineda
Systems and serves as Chief
Executive Officer. Prior to his current
role, he held the role of CTO & head of
engineering to build a 150+ strong
R&D team and led the development of
foundation IO-V technology and the
industry’s first hierarchical computing
architecture. Before Ineda, he was at
AMD where he managed 500+
engineer organizations and was
program executive. Prior to AMD, he
worked at Conexant Systems as a
Senior Director managing their Set-
Top-Box and Imaging/PC Media
silicon engineering teams.
Balaji has also worked in
technical/management roles at Silicon
Valley startups Ikanos & Velio and was
a key member of networking and
communication products. Earlier in his
career, he was associated with Intel
towards their x86 CPU and mobile
chip-set engineering product
development. He has filed for 20+
patents till date and played the role of a
technical advisor for few Silicon Valley
startups. He was awarded as Young
Entrepreneur of the Year by Silicon
India for 2011. He has a Masters
degree in Electrical Engineering from
Arizona State University.
Challenges leads to Betterment
There are three different types of
challenges:
The technology challenge:
Low power platforms, cost effective
solutions and end-to-end security are
the key requirements that will enable
the IoT devices to become ubiquitous.
Currently there are no purpose built
chips and platforms to address the
needs of the IoT market. Most of the
chips being used in IoT applications
are originally built for different
applications-like embedded,
smartphone etc.
The cost of doing business both for
Ineda and its customers:
Semiconductor companies require
increased capital with the nanometer
process technologies. Ineda with their
full R&D operations out of India is
able to reduce the operating expenses
needed and hence the total capital.
With Ineda’s application and solution
ready/optimized SDK, their
customershave a faster time-to-market
for their products.
The Competition: Competitors are
mostly taking chips built for other
applications and re-purposing them to
IoT applications. Hence the end
products are suffering from battery life
and security issues.
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