iWave Systems; Indian company transiting from services to product space

iWave Systems is a Bangalore, India based company, which started in year 1999 as a design services provider. But now if we look at their offerings, iWave has successfully transforming into a product selling company along with maintaining its electronics design services business. Company like iWave Systems sets an example for many Indian companies who are in the electronics design services and interested in entering electronics products business. iWave Systems has not suddenly jumped into product business, it has gained entry into the product business gradually by utilising its strengths and the available market opportunities. However, iWave still not selling a complete branded electronic end-product/system with its label on the box. iWave Systems is presently selling system-on-modules and single board computers (SBC) for use in creative electronic products for broad range of applications. Some of the interesting end-products in personal-care/medical electronics they have displayed to the media at the recently held demo-to-media includes: a skin analyser for the skin-care advisors to suggest a skin-care product for their client, and a teeth analyzer for a dentist; both are powered by iWave's embedded computer module/software running on a powerful processor. So if the customer gives specification of electronic systems, iWave designs the board and the embedded software a...