May 17, 2017

News for the IET

No specific news for the IET todayedit

Scroll down for key industry stories for the day.

News for other PEI

One small step for AI, one Giatn Step for Roboticsedit

Electronics For You

The team’s intention was to bring deep learning to the Internet of Things (IoT), so we can have devices like security cameras with onboard deep learning processors that can instantly differentiate between a branch and a thief lurking on the tree. But the same technology can be very useful for robots, too.

IEEE
5G: It’s not here yet, but closer than you thinkedit

ET Telecom

At the IEEE Wireless Communications and Networking Conference (WCNC) in San Francisco, National Instruments (NI) demonstrated a real-time working prototype of the 5GTF. While it was not the first prototype of the specification, it was notable for several reasons, one of which being that it was the first public demonstration of the technology in action

IEEE
Nashik Inc wants early flights to Mum, Puneedit

The Times of India

The aerial distance between Nashik and Pune is 159km. Industrialists are stressing on the need for early morning flights. Manish Kothari, chairman of the Institution of Engineers (India), Nashik centre, said, “It will help the local air travellers and industrialists if flights are scheduled before 7am as most people will be able to catch the morning flights for other destinations like Delhi, Hyderabad and Bangalore.

The Institution of Engineers (India)

Industry News: Information and Communications

Insuring Businesses that Use Internet of Things (IoT)edit

BW Disrupt

This unique convergence of technologies like, data sciences, mobility, IoT, artificial intelligence (AI) is set to change the way insurers did business in the past and will open new avenues for innovation of products and services

Artificial IntelligenceIoT
India needs to rethink strategy for the IT sector; here’s whyedit

The Financial Express

The second reality-check for the industry came when McKinsey & Company released a report claiming that nearly half of the IT services workforce will be rendered “irrelevant” over the next 3-4 years. This is mainly due to the changing nature of jobs in IT with the advent of newer fields like automation, robotics, Artificial Intelligence (AI) and Internet of Things (IoT).

IoTIT
How Lucrative is the IoT market in Indiaedit

Electronics For You

Considering these trends and the strong push from the government for Digital India, the market for emerging technologies like Internet of Things (IoT) related components, products and solutions is bound to grow significantly. This, in turn, may represent a significant growth opportunity for organisations offering such related components, products and solutions. (Nasscom )

IoT
Can machine learning prevent another WannaCry?edit

Live Mint

By Leslie D Monte

Cybersecurity Ventures predicts global annual cybercrime costs will grow from $3 trillion in 2015 to $6 trillion by 2021, which includes damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm. The problem will only get compounded when billions of devices get connected in the next few years—the phenomenon known as the Internet of Things (IoT).

Cyber SecurityIoT
IIoT connections to surge to 66 million global connections in 2017edit

Electronics For You

Though industrial manufacturers are lagging in their adoption of Cloud based services and connecting their legacy systems to digital networks, vision for a vast Internet of Things (IoT) market is starting to take shape. Industrial manufacturing applications will generate more than US $ 138 million in 2017 from mobile and satellite connectivity fees, forecasts ABI Research.

IoTManufacturing

Industry News: Education

Govt Reviews its Plan for Common Engg Entrance Testedit

The Economic Times

A final decision on the proposed test will be taken after an assessment of the impact of the National EligibilityCum-Entrance Test (NEET) for graduate medical courses, the minister said. NEET, held on May 7 this year, was made mandatory for admission to medical colleges from 2016.

Engineering

Uncategorized

India ranked second in renewable energy attractiveness indexedit

ET Energy World

India has moved up to the second spot from third position in this year’s ‘Renewable energy country attractiveness index’ released by EY. This is primarily due to a combination of strong government support and increasingly attractive economics, EY said in a statement.

Renewable Energy
Energy storage market for off-grid renewable energy in India to touch Rs 16,500 crore by 2022: CEEWedit

ET Energy World

The energy storage market for off-grid renewable energy in India would be worth Rs 16,500 crore by 2022, according to a report released by the Council on Energy, Environment and Water (CEEW) during the Solar India Expo 2017.

Renewable Energy
Coal to be India’s energy mainstay for next 30 years: NITI Aayog reportedit

Money Control

India is also the world’s second-largest coal importer and environmentalists worry that despite its commitment to renewable energy, the country’s rising use of coal at a time when many Western nations are rejecting the dirty fossil fuel will hamper the global fight against climate change.

Renewable Energy
Clean energy: lessons from Austriaedit

The Hindu Business Line

Goyal said that India can learn from Austria’s experience in hydropower, flexible solar module technology, waste processing, technology for commercial beverage chilling for reduced energy consumption and bio-diesel production from waste cooking oil. He said that Austrian companies will have to transform from technology of exclusivity to technology of inclusivity to expand in India.

Renewable Energy
Boosting productivity and making it lastedit

Mint

Coal reserves will begin to decline, and the costs of extraction will rise. Without a new energy source, peak coal will eventually send productivity growth toward zero, as it becomes prohibitively expensive to get the energy needed for the production of other goods and services. But if the world invests in a less scarce power source, like solar, there will be much less of a long-term limitation on energy production.

Renewable Energy
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