October 9, 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

Emergence of IoT in automotive spaceedit

ET Auto

Over the past few years, it’s becoming impossible to overlook the truly massive hype around IoT (Internet of Things). A quick glance at tech press and conference headliners in the recent past and it’s quite clear that the Internet of Things has undoubtedly captured the imagination of the industry and the media alike. However, has it really captivated the end consumer in the same fashion? On that measure, the verdict is less clear.

AutomotiveIoT
Why Artificial Intelligence Is Poised To Disrupt E-Commerceedit

CXO Today

Azrtificial Intelligence (AI) is gripping the world’s attention, though in early stages according to many, it is one of the most talked about technology. There are numerous debates on AI whether it is an ally of humans or will prove to a peril as it advances. However, advantages of the technology are multifold and manifest ease of doing business for several sectors.

 

Artificial IntelligenceE-commerce
How artificial intelligence is reshaping recruitment, and what it means for the future of jobsedit

The Economic Times By Malini Goyal

AI or artificial intelligence is the new buzzword in the corporate world. In the networked digital era amid proliferation of smart devices and surge of Big Data, AI — or smart machines that can think intuitively and make intelligent sense of the vast data — is the new battleground that is roiling multiple sectors, disrupting companies and stoking new rivalries.

Artificial Intelligence
AI to create jobs by 2020, says Gartneredit

The Hindu

“AI will eliminate more jobs than it creates through 2019, however, Gartner believes that the number of jobs created due to AI in 2020 is sufficient to overcome the deficit,” according to the U.S.-based research and advisory company’s top ten predictions for 2018.

 

Artificial Intelligence
The need for doing digitaledit

Mint

India is poised to take advantage of digital technologies as they have the potential to add economic value of $550 billion to $1 trillion per year by 2025, and create millions of well-paying, productive jobs

Internet of Things

Industry News: Education

How to plan a career in changing job marketedit

The Economic Times

Artificial intelligence in language/data, robotics/3D printing, Internet of Things in goods/manufacturing/labour and Internet/computing in knowledge/education are rapidly evolving technology spaces where your comfort levels in using them needs to keep pace to stay professionally relevant.

Skill Development
AICTE wants closed private institutes tore start operationsedit

Deccan Herald

By Prakash Kumar

The All India Council for Technical Education (AICTE) wants owners of closed private technical institutes to restart their operations by forming smaller groups. The higher education regulator is preparing an action plan to bring such institutions on board so that infrastructure, including class rooms laboratories and other facilities, created by them can be utilised in offering students “popular courses inengineeringand technology.

Engineering

Uncategorized

India plans big on solar, wind poweredit

The Hindu

“India is emerging as the world leader in generating clean energy, although it started by generating 17 MW of solar power in 2010, when Jawaharlal Nehru Solar Mission was launched,” Ms. Jaiswal told the media while inspecting the Kurnool Ultra Mega Solar Park at Sakunala in Gadivemula mandal of Kurnool district, said to be the largest solar park in the world.

Renewable Energy
India can attract billions of dollars for solar, wind poweredit

The Hans India

Engie and Italian utility ENEL are also amongst the international investors heading into South African renewables. The country has been running a renewable energy procurement programme that is internationally regarded as well designed and successful. So far 2.2 GW of renewable capacity has been completed, attracting over $14 billion of investment.

 

Renewable Energy
Why project pipeline, not falling tariffs, is a bigger concern for wind industryedit

Mint

By R Sree Ram

The latest wind energy auctions, which saw an almost 24% tariff crash from the earlier auction in February, has surprised many. Most are perplexed whether project costs have seen a commensurate drop, raising questions about returns.

Renewable Energy
State’s share of renewable energy volume touches 20%edit

The Hindu

By Sanjay Vijaykumar     

For instance, on July 11, Tangedco evacuated more than 5,000 MW of wind power, replacing almost 1,000 MW of thermal power and operating several other plants at half the capacity. During that day, wind power accounted for almost a third of the State’s electricity demand. Karnataka led among the States in renewable energy volume contribution followed by Rajasthan and Tamil Nadu during the five month period, the report added.

Renewable Energy
Power at a priceedit

The Hindu Business Line

By M Ramesh

The entry barriers to this business are quite high, as there are restrictions in terms of limits on shareholding. Companies like NVVN, a subsidiary of NTPC, have baulked at the idea of entering this business. In its operations, IEX does not have many peers. Energy trading is still nascent in India and there is good longterm potential for energy exchanges.

PowerRenewable Energy
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