Next big thing: wrist watches

March 4, 2013

wrist_watchesThe gadget industry seems to have decided that 2013 will be the year of the smartwatch, says David Pogue.

Every time you look, our computers have moved closer to us. In the beginning, they existed only in corporate headquarters. Then came the desktop PC – three feet away. Then the laptop – one foot. Then the smartphone – in our pockets. What"s next – computers on our wrists?

The central idea is sound. You already have an iPhone or Android phone. Wouldn"t it be neat if your watch could communicate with it wirelessly?

Imagine: the watch could beep or vibrate whenever you get an incoming call, text message or email. No more, “Sorry I didn"t get your call; my phone was in my backpack.” No more fumbling for your phone when that would be inconvenient or unsafe – like while you"re skiing, skateboarding or driving.

These watches can also make your phone beep loudly when it"s lost in the house. That"s much quicker than using Find My iPhone, which involves logging into a website.

They can also serve as a digital “leash”: if you wander away, accidentally leaving your phone on some restaurant table, the watch buzzes to warn you.

I tested the Meta Watch ($180 or Rs 9,882), Cookoo ($130 or Rs 7,137), Casio G-Shock GB-6900 ($180 or Rs 9,882), Martian ($300 or Rs 16,471), and I"m Watch ($400 or Rs 21,961, coming in July). More contenders, like a Kickstarter favourite, Pebble Watch, are on the way. (The Martian, Cookoo and Meta Watch also began life on Kickstarter, the website where inventors seek financing from the public.) Even Apple is said to be toying with an iWatch.

The designs are all over the map. Some have touch screens. Some look like regular analogue watches; others are basically iPod Nanos with straps. Some require daily charging; others take watch batteries.

They do have some things in common. First, these early smartwatches are thick and chunky – a desirable quality in a stew, maybe, but not for the delicate of wrist.

Second, they communicate with your phone over Bluetooth. You have to “pair” the watch to your phone on the first day – and whenever you exit Airplane Mode. Most models require a companion phone app for this purpose.

Most of these watches use Bluetooth 4.0, which means your phone will lose only a small amount of battery charge each day – maybe 5 or 10 percent – but only recent models, like the iPhone 4S and 5, are compatible.

Finally, the instruction manuals are terrible or nonexistent; it"s as if, in their zeal to make these things work, the companies forgot all about explaining it to you. Wrists ready? Here we go.

Casio G-shock GB-6900

This watch closely resembles Casio"s other G-Shocks: popular, masculine, rugged, waterproof digitals.

But this one can beep or vibrate when calls or emails come to your iPhone (Android is in the works) – though not, alas, text messages. There"s no Caller ID; a cramped scrolling display says only “Incoming call.” For email, the sender"s address scrolls slowly. You can dismiss these alerts with a double-tap on the glass – that"s the only thing this watch"s “touch screen” does.

The watch can also set itself as you cross time zones by checking in with your phone.

These limited functions are solid and power-stingy; one watch battery lasts two years. The watch has four buttons – the usual user-hostile digital watch assortment, like Mode, Adjust and Split/Reset – but they get the job done.

Cookoo Watch

The round face and analogue hands offer spartan good looks; only the watch"s alarming thickness (three-quarters of an inch) and four edge buttons let you know that it"s not a Swatch.

There"s no screen. Instead, icons dimly appear on the watch"s black background as notifications of incoming calls, calendar reminders or Facebook posts. (email and text notifications are coming soon, says the company.)

If you want to know what they are or who they"re from, you have to get out your phone.

The Cookoo offers a bidirectional “find” feature and a low-phone-battery warning; it can also set off your phone"s camera by remote control, which is great for self-portraits. There"s also a weird emphasis on “dropping pins” – telling your Facebook friends where you are, for example.

A standard watch battery lasts nine months, and the price is reasonable. But there are lots of rough edges and missing features.

Meta Watch

The text and graphics are white-on-silver, which is sometimes hard to read. The setup instructions for iPhone are ludicrously complex. The phone alerts you when text messages or calls come in, but notifications for email, appointments, Facebook posts, tweets and alarms are “coming soon.”

No instructions come with the watch, and even the online help page doesn"t tell you what the watch"s six buttons do.

That"s too bad, because there"s some promise here. The Frame model ($200 or Rs 10,980) isn"t much thicker than a real watch. (The $180 or Rs 9,882 Strata model is plastickier.) Both last about five days on a charge.

You charge the watch by clamping a USB clip onto it; the bottom jaw touches contacts on the watch. You can wear the Meta Watch swimming or showering.

The watch also runs widgets – the three Home screens hold four each – like stocks and weather. Someday, the company hopes, app writers will create new functions. For now, though, this watch feels like a prototype.

I"m Watch

Although this weirdly named watch runs an ancient version of Android, it looks like an iPod Nano on your wrist.

It"s the only contender with true touch-screen operation. You swipe through pages of tiny icons: Facebook and Twitter-reading apps, a compass, a calculator, address book, music player and so on. An online app store offers a couple of dozen very simple apps, some for a price. Unfortunately, the I"m is big, baffling, buggy and slow, and the battery doesn"t last a day. You"re supposed to be able to use it to make calls, but you get nothing but garbled snippets.

Here"s a better name for this watch: I"m Unfinished.

Martian Watch

This classy-looking watch has analogue hands; a crisp, bright scrolling line of text appears only when the watch has something to say. It notifies you of text messages, incoming calls, email, Twitter or Facebook posts.

On the iPhone, until the companion app is ready at the end of March, the Find Phone feature doesn"t work, and the only notifications are for text messages.

Even then, you see only the first 40 characters of text messages and the first 20 of Facebook/Twitter posts; the email alert shows only how many new messages you have, not what they are.

Cool: you can decline an incoming call by shaking your wrist a certain way. The watch can set off your phone"s camera remotely, and it can read incoming texts aloud. One USB charge lasts several days.

By far the most astonishing feature, though, is that the Martian is a full-blown speakerphone. It communicates with Android"s voice-dialling feature or, even more flexibly, the iPhone"s Siri.

You press the top button and say, for example, “Call mom"s cellphone,” and bingo – you"re having a phone conversation with your mother through your watch. You can also dictate text messages and emails or check your calendar by voice, all thanks to Siri. Audio is surprisingly clear on both ends, though it"s not powerful enough for loud places.

But seriously: what a giddy, useful feature. This is it, people: Dick Tracy. James Bond. The future.

Otherwise, though, you have to wonder if there"s a curse on this blossoming category. Why are these smartwatches so buggy, half-baked and delayed? The Casio and Martian watches are worth considering. But if you ask the other watches what time it is, they"ll tell you: too soon.

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Agencies
March 7,2020

New Delhi, Mar 7: The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.

The EoI submissions can be made till May 2, whereas investor queries will be entertained till April 4.

Another condition pertains to a maximum of four members are permitted in a consortium, and the lead member must hold 40 per cent in proportion. Other members of the consortium must have a minimum $1 billion net worth.

The EOI allows changes in the consortium within 45 days, though the lead member cannot be changed.

The GoI proposes to disinvest its entire shareholding in BPCL comprising 1,14,91,83,592 equity shares held through the Ministry of Petroleum and Natural Gas, which constitutes 52.98 per cent of BPCL's equity share capital, along with the transfer of management control to the strategic buyer (except BPCL's equity shareholding of 61.65 per cent in Numaligarh Refinery Limited (NRL) and management control thereon).

The shareholding of BPCL in NRL will be transferred to a Central Public Sector Enterprise operating in the oil and gas sector under the Ministry and accordingly is not a part of the proposed transaction.

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Agencies
July 6,2020

The Covid-19 pandemic has made an unprecedented impact on the Indian businesses, particularly small and medium enterprises (SMEs) and startups. According to a joint survey by FICCI and Indian Angel Network (IAN), the pandemic has hit the businesses of around 70% startups.

With uncertainty in the business environment and an unexpected shift in priorities of the government as well as corporates, many startups are struggling to survive, it says.

In a nationwide survey on the 'Impact of Covid-19 on Indian Startups' involving 250 startups, 70% participants said their businesses had been impacted by Covid-19 and around 12% had shut operations.

The survey shows only 22% startups have cash reserves to meet the fixed cost expenses over the next 3-6 months, and 68% are reducing operational and administrative expenses.

Around 30% of the companies said they would retrench employees if the lockdown was extended too long. The 43% startups have already started 20-40% salary cuts over April-June.

Over 33% startups said investors had put the investment decision on hold and 10% said the deals had been scrapped. Only 8% startups had received funds as per the deals signed before Covid-19 outbreak, the survey revealed.

The reduced funding has forced startups to put a hold on business development and manufacturing activities, which has resulted in loss of projected orders.

The survey highlights the need of an urgent relief package for startups, including possible purchase orders from the government, tax relief and swifter tax refunds, and immediate fiscal support measures, including grants, soft loans and payroll grants.

Besides 250 startups, 61 incubators and investors also participated in the survey.

While 96% of investors accepted that their investments in startups had been impacted by Covid-19, 92% said their investments in startups would continue to be low over the next six months.

Around 59% investors said they would prefer to work with the existing portfolio firms in the coming months. Only 41% said they would consider new deals.

"A comparison of priority investment sectors before and during Covid-19 shows 35% investors are now looking at investments in healthcare startups, followed by EdTech, AI/Deep Tech, FinTech and Agri," said the survey.

Around 44% incubators surveyed said their day-to-day operations had been considerably hit by Covid-19. Most incubators are now supporting their portfolio firms by providing them virtual platforms to interact with mentors, investors and industries.

Dilip Chenoy, FICCI Secretary General, said, "The startup sector is stressed for survival at the moment. The investment sentiment is also subdued and is expected to remain so in the coming months. Lack of working capital and cash flows may lead to major layoffs over the next 3-6 months."

Indian startups needed an enabling ecosystem and flow of funds to continue operations, the survey said.

Padmaja Ruparel, President, Indian Angel Network & Co-Chair of FICCI Startup Committee, said, "In these uncertain times, as investors, we must play an important role to provide the Indian startups funding, mentoring and hand-holding support to stay afloat and come out at the other end of this crisis."

To that end, IAN recently announced a debt fund to help IAN portfolio companies raise working capital and ensure business continuity by partnering with debt providers.

This must be replicated on a wider scale, so a larger number of startups are provided the capital support to make it during these tough times, Ruparel said.

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Agencies
January 10,2020

Indian enterprises were flooded with a whopping 14.6 crore malware threats in 2019 - a growth of 48 per cent (year-on-year) compared to 2018, a new report said on Friday.

Manufacturing, BFSI (banking, financial services and insurance), education, healthcare, IT/ITES, and the government were the most at-risk industries in the country, said the report from Seqrite, the enterprise arm of Pune-based IT security firm Quick Heal Technologies.

Interestingly, almost a quarter (23 per cent) of the threats were identified through 'Signatureless behaviour-based' detection by Seqrite, indicating how a growing number of cybercriminals were deploying new or previously unknown threat vectors to compromise enterprise security.

"With the latest Seqrite annual threat report, we want to empower CIOs, CISOs, business leaders and all key public stakeholders with the insights they need to combat the growing complexity of the threat landscape," said Sanjay Katkar, Joint Managing Director and CTO, Quick Heal Technologies.

The most prominent trend was the drastic increase in the volume, intensity, and sophistication of cyber-attack campaigns targeting Indian enterprises in 2019.

The rapid integration of IoT devices, BYOD (bring your own device), and third-party APIs into enterprise networks has created newer security vulnerabilities that might go unnoticed until a major breach occurs.

Threat researchers at Seqrite observed several large-scale advanced persistent threats (APT) attacks deployed against organisations in the government sector.

"The entry of nation-states and organised cybercrime cells into the fray is expected to add more complication to this situation and will require Indian government bodies and corporate enterprises to shore up their cyber defence strategies in 2020 and beyond," the report noted.

More alarming, however, was the continued lack of security awareness amongst enterprises and government organisations.

"Unsecured Remote Desktop Protocol (RDP) and Server Message Block (SMB) protocols continued to be targeted through brute-force attacks," said the report.

Spear phishing attack campaigns leveraging Office exploits and infected macros were also used extensively by cybercriminals to gain access to enterprise networks and steal critical data.

"India's digital journey depends on ensuring robust cybersecurity for all stakeholders within the enterprise ecosystem," said Katkar.

The sharp spike should be a cause of concern for CIOs and CISOs in the country, especially given the growing digital penetration within their enterprise networks.

"With network vulnerabilities and potential entry points increasing at a rapid pace, threat actors are expected to leverage artificial intelligence (AI) capabilities to power their malware campaigns in the future to capitalise on newer attack vectors," the report added.

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