August 22, 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

No specific news for the PEIs todayedit

Scroll down for key industry stories for the day.

Industry News: Information and Communications

How Artificial Intelligence will reform organisational strategies, for good!edit

Financial Express

Tata Consultancy Services’ (TCS) global report states that 68% of companies use artificial intelligence (AI) for IT functions. However, 70% believe AI’s greatest impact by 2020 will be in functions outside of IT such as aspects of customer service and marketing. AI is transforming the media industry, using chatbots to deliver services and optimising media buying spends.

 

Artificial Intelligence
Will IoT Help India’s IT Exports?edit

Business World

By Prateek Shukla

Internet of Things (IoT) will not only transform the way we operate and function in our day-to-day lives but can also give an impetus to exports of the nation. According to the latest report by Zinnov Zones, India has a 43 per cent share of the IoT market. India’s hold on the IoT market can help increase the IT exports of the country.

IoTIT Sector
The Internet Of Things: What Is It And Why Does It Matter?edit

CXO Today

What is the Internet of Things (IoT) — how will we use it and what will that impact be? These are important questions, especially when you consider that IoT may have as great an impact on society as computers and the Internet have had.

Internet of Things
Flexibility is key to addressing the challenges of 5Gedit

ET Telecom

These challenges are driven not only by changing user experiences, such as video and cloud applications, but also by the Internet of Things (IoT) and Industrial Internet of Things (IIoT). Both of these introduce machine to machine communication and in the case of IIoT, require reliable networks and low latency response times for critical applications.

IoTTelecom

Industry News: Education

Upskill or perish: The cold truth that Indian job-seekers face todayedit

Hindustan Times

By Suchetana Ray

Data provided by the National Skill Development Corporation (NSDC) shows that despite partnering with private companies, it has succeeded in training a little less than one crore people since May 2014. A small number, considering that there are over 8,600 skilling centres providing training in 40 sectors across the country.

Upskilling

Uncategorized

Renewables slip in Q1 as thermal regains top slotedit

The Financial Express

By Anupam Chatterjee

For the first time in history, India added more renewable capacity than thermal power in FY17, but the latter regained the top slot in the first quarter of the current fiscal. Just 1,043 mega watt (MW) was added in the renewables sector, compared with 3,790 MW capacity newly created by thermal power firms.

Renewable Energy
Harnessing The Sunedit

The Economic Times

Over the last few years some private banks in India have signed deals with development banks to provide loans at concessional rates. The Indian Renewable Energy Development Agency (IREDA) is also providing loans at low rates following its recent agreements with banks like KfW Development Bank, AFD, Nordic Investment Bank, World Bank and Japan International Cooperation Agency.

Solar Energy
Decarbonise, decentralize and digitize energy sector for full benefits: Piyush Goyaledit

ET Energy World

Going forward, very clearly, with the advancements of technologies and better grid integration between renewable energy and base loads of power coming from carbon sources, I am sure this will make renewable energy more attractive particularly for growing economies like India,” the minister said.

Renewable Energy
1.75 GW target is an aspirationedit

Fortune India

The biggest issues for developers right now is lack of visibility on issuance of new tenders. Increasing competition means that the odds of developers winning new capacity are becoming smaller and that is upsetting their business plans. Secondly, solar tariffs have come down very sharply in the last 6 months partly in expectation of falling equipment costs.

Solar Energy
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