Smartbox Technology

Dr.D.Sathishkumar, Assistant Professor

Sankara Institute of Management Science(SIMS)

• Insurance companies are implementing smart box technology so good drivers can benefit from cheap insurance rates.

• The device is connected to the electronics in your car and collects wide criteria of information such as time, speed, braking, cornering, acceleration and location.

• The smart box The smart box, similar to a black box for airplanes, records details about how your car is driven, which can result in cheap car insurance for responsible drivers.

• Data is wireless transferred in real time to the insurance company and provides a profile of when, where and how you drive. This profile is then used to compare insurance rates and to reward low-risk driving behaviour with cheap insurance rates.

• Drivers are high-risk when they drive irresponsibly such as speeding, frequent lane changing, driving in high-risk locations or at high-risk times such as in heavy traffic or late at night.

• These new electronic inventions are intended to replace the standard practice of categorizing drivers into group behaviour to determine insurance coverage and premium payments.

• For example, young drivers are more likely to drive fast, drive at night and use a cell phone while driving. Statistically, young drivers are more likely to cause an accident so insurance companies charge them higher rates to cover the costs of accident claims.

• So even if you are a young, responsible driver, you will pay high insurance rates because of group behaviour.

• This technology allows you to provide proof that your driving behaviour doesn’t fit the pattern of your demographic group.

• All the information collected about your driving can be viewed online – including what you’re doing well and what could be improved. Your insurance premium is then calculated according to your driving profile.

Electronic Pills – Collecting Data inside the Body

                              

• After years ofinvestmentand development, wireless devices contained in swallow able capsules are now reaching the market.

• Companies such as Smart Pill based in Buffalo, New York and Israel-based Given Imaging (Pill Cam) market capsules the size of vitamin tablets.

• These pills contain sensors or tiny cameras that collect information as they travel through the gastrointestinal tract before being excreted from the body a day or two later.
• These new electronic inventions transmit information such as acidity, pressure and temperature levels or images of the oesophagus and intestine to your doctor’s computer for analysis.

• Doctors often use invasive methods such as catheters, endoscopic instruments or radioisotopes for collecting information about the digestive tract. So device companies have been developing easier, less intrusive ways, to gather information.
• Digestive diseases and disorders can include symptoms such as acid reflux, bloating, heartburn, abdominal pain, constipation, difficulty swallowing or loss of appetite.”One of the main challenges is determining just what is happening in the stomach and intestines.” says Dr. Anish A. Sheth, Director of the Gastrointestinal Motility Program at Yale-New Haven Hospital.

• Doctors can inspect the colon and peer into the stomach using endoscopic instruments. But some areas cannot be easily viewed, and finding out how muscles are working can be difficult.

• Electronic pills are being used to measure muscle contraction, ease of passage and other factors to reveal information unavailable in the past.

  Digital Pen

 

• A digital pen is one of the new electronic inventions that can help us record information.

• Despite the digital age, we still use pens. But it would be great to have our handwritten notes and drawings digitally recorded without having to use a scanner.

• The Zpen from Dane-Elec is a wireless pen that uses a clip-on receiver to digitally record what you write.

• It uploads the information to your computer where it can be viewed, edited and filed as a word processing document.

• The digital pen utilizes character recognition software and works by recording movement. Features include profile creation, a dictionary and fifteen language options.