Hotline: 1800 102 2007
X
Search Business Opportunities
Jan, 09 2019

Hero Electronix enters consumer electronics space with AI powered connected devices

Hero Electronix plans to launch more than 10 intelligent products across Home Automaton, Automotive, Health and Entertainment domains in the next 5 years.

Hero Electronix has announced its entry into the Consumer technology space with a series of Artificial Intelligence (AI) powered, connected devices. Hero Electronix believes that a massive revolution is coming as smart devices proliferate driven by technology trends like ubiquitous connectivity, cloud computing, artificial intelligence and low-cost sensors.

Taking advantage of these technologies, Hero Electronix plans to launch more than 10 intelligent products across Home Automaton, Automotive, Health and Entertainment domains in the next 5 years. Each of these devices is being architected ground up to solve specific needs of Indian consumers and to work in Indian environments and family set-ups. To develop these solutions, HEPL has made massive R&D investments over the course of the past 24 months and partnered with global technology giants like Amazon and Qualcomm.

The first of these products is being previewed at the CES 2019 (Consumer Electronics Show) at Las Vegas. This is a breakthrough product designed to be the centerpiece of security, entertainment and automation needs of your home.

Ujjwal Munjal, Founder Director, Hero Electronix, said, "We at Hero Electronix feel proud to have our products showcased at CES 2019, we intend on launching a series of AI Powered connected products that are designed and built grounds up in India for India and the world. Each of these intelligent consumer devices is unique, innovative and first of its kind in many aspects, best in class even on a global stage."

Nikhil Rajpal, CEO, Hero Electronix, added, "We believe we have a unique opportunity available to us at this point. There is a major revolution coming where AI-powered connected devices can solve massive real-world problems. While we are addressing the home automation space with our first range of products in the near term, we will soon come out with products targeted at the automotive, health and fitness space."

Rajen Vagadia, Vice President & President, Qualcomm India, stated, "Devices in the IoT world, have evolved to become smarter with the integration of AI and superior connectivity. This device is powered by the Qualcomm Vision Intelligence 100 Platform designed with powerful image processing and machine learning for smart camera products in the consumer and enterprise IOT spaces."

Comment
Related opportunities
  • Green Trends – A business opportunity for you in salon..
    Locations looking for expansion Tamil Nadu
    Establishment year 2002
    Franchising Launch Date 2010
    Investment size Rs. 30lac - 50lac
    Space required 1200 sq. ft.
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • Others Dealers And Distributors
    Golden Business Opportunity for Dealer/Distributors & Franchisee. Our company Will..
    Locations looking for expansion Madhya pradesh
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size
    Space required 200
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Indore Madhya pradesh
  • DEWAN GLOBAL SCHOOL KIDS IS PRESCHOOL WITH HOLISTIC APPROACH AND BELIEVES..
    Locations looking for expansion Uttar pradesh
    Establishment year 2010
    Franchising Launch Date 2019
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Meerut Uttar pradesh
  • Others Food Service
    About Us: Dhaba Cafe is a complete food hub with two..
    Locations looking for expansion Madhya pradesh
    Establishment year 2008
    Franchising Launch Date 2012
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Indore Madhya pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities