News for the IET
No specific news for the IET today.edit
Scroll down for key industry stories for the day.
News for other PEI
No specific news for PEIs today.edit
Scroll down for key industry stories for the day.
Industry News: Information and Communications
Product-Based Mindset Is Key For Indian Companies To Successfully Harness AIedit
By Srishti Deoras
On A Concluding Note With a surge in products like cloud, smartphones, IoT and others, the definition of products has changed quite significantly. Given the tech disruption, these trends will continue and they, in-turn will change the way products are made and used. It is therefore important to shift our thinking to view artificial intelligence as an evolution rather than as a revolution.
AIIoTHow CIOs Of Midsize Firms Can Drive Digital Transformationedit
Digital business is supported by technology platforms in five areas — the ecosystem, customer experience, data and analytics, information system and Internet of Things (IoT). “As vital as these platforms are, it’s important to recognise that they can be built incrementally. By focusing on the ecosystem platform, you can build the digital business technology platforms over time as your digital business expands — and may even find that they are not all needed,” said Anavitarte.
data and analyticsInternet of ThingsFirst integrated smart cities control centre launched inedit
In a major step towards realising the Centre’s smart city mission (SCM), the Madhya Pradesh government today launched the country’s first Integrated Control and Command Centre (ICCC) for all seven smart cities of the state in Bhopal. The ICCC, installed in a building in Barkheda area of the state capital, would enable the authorities to monitor the status of various smart civic amenities in real-time through the sensors connected to it IoT.
IoTSmart CitiesDigital dreamsedit
The telecom policy of 2018 promises to herald a similar revolution in data consumption that will help universalise adoption of digital technologies, including 5G, artificial intelligence, internet of things, cloud computing and big data. Since India offers a lucrative market in this sector, international investments are bound to flow, provided a transparent and enforceable regulatory mechanism is put in place.
Artificial IntelligenceBig DataCloud ComputingInternet of ThingsBusinesses will buy algorithms instead of software in the future – here’s whyedit
Gartner maintains that by 2020, over 150 new devices will connect to the Internet of Things (IoT) every second. These connected devices will also likely be connected to smartphones. As a result, the amount of data produced will also increase exponentially. But, how will we make sense of such an enormous volume of data? The solution lies in algorithms, which power automation—the very essence of IoT.
IoTRobotics will improve the quality of life : Dr Avanish Saklaniedit
By Shahid Akhter
For early cancers we are offering minimal invasive surgery in terms of laparoscopy and robotics. The uptake of patients is good, for advanced and recurrent cancers we are offering surgeries, for patients with peritoneal metastasis, we are offering cyto-reduction and hipec surgery.
RoboticsRise of the machines! From just 70 a few years ago to over 16,000 robots at work now; is your job in danger?edit
Automation is killing jobs: the fear is not just in India but around the world. In the fourth industrial world, as fears of robots taking over humans’ jobs loom large, a research report said that the use of robots in India increased from just 70 in 2000 to a whopping 16,000 in 2016. “The operational stock of industrial robots have shown some tremendous increase from just 70 in 2000 to 16,026 in 2016,” a research report authored by Sunil Mani, Centre for Development Studies said.
AutomationRoboticsIndian Retailers Embracing AI, Robotics, Blockchain To Keep Up With The Likes Of Amazon Goedit
By Richa Bhatia
The digitisation wave has swept through the retail sector upending many functions such as supply chain operations across the globe wherein drones are closing the last-mile gap. In-store experiences are getting digitised and automated too .
AIIoTRoboticsFrom Assistance To Self Serviceedit
Leveraging the power of IoTedit
By V Rishi Kumar
‘Industry 4.0’ or the emergence of Internet of Things (IoT) has brought about dramatic changes in the way we live and how large enterprises function. Operators of large refineries and other manufacturing companies can now connect data from different systems for better analytics. They can save on energy consumption and ensure efficient functioning of a factory by monitoring through a click on a smartphone.
IoTIndustry News: Future of Mobility
Electric vehicles market in India set to see several new entrantsedit
By Shally Seth Mohile
The electric vehicles (EV) market in India is set to see the entry of a flurry of new players of foreign origin and home-grown start-ups in the two- and three-wheeler segments, even as the established Indian automobile firms such as Hero MotoCorp, Bajaj Auto and TVS Motor Company have chosen to adopt a calibrated and wait-and-watch approach before they jump onto the EV bandwagon.
Electric VehiclesPowerGrid promotes EV charging infraedit
Power Grid Corporation of India Ltd. (POWERGRID), a government of India Enterprise, involves in developing EV Charging infrastructures across India to facilitate E-mobility in Indian roads covering 2-Wheelers, Rickshaws/Autos, Taxis, Cars, Buses etc.POWERGRID has signed an agreement with L&T Metro Rail (Hyderabad) ltd in developing EV Charging infrastructure at its Metro Stations. This will help the metro commuters in availing Electric Vehicles as first and last mile connectivity.
e-mobilityElectric VehiclesInfrastructurelast mile connectivityDelhi govt to rope in private players to run e-busesedit
By Sidharatha Roy
To carry out its ambitious plan of creating a fleet of 1,000 electric buses, Delhi government is trying to rope in private players who would procure and operate these buses in lieu of the operating cost paid by the government. Delhi’s transport minister Kailash Gahlot told TOI that the government doesn’t want to outright buy electric buses primarily due to two reasons — the prohibitive cost of these buses and the ever changing technology of the electric vehicle sector, which might prove maintenance of buses a tough proposition.
e-busesElectric VehiclesIndustry News: Education
Skilling for the automation eraedit
Smart professionals keep themselves updated with the required new skills, work on live projects (check out some of the freelance sites and figure out how to complete projects while practicing your newly-acquired skills) and earn star ratings, which keeps them in demand. A recently released whitepaper covered the next generation skills for the IT industry, which include expertise in Artificial Intelligence (AI), machine learning, cloud computing, data analytics and the Internet of Things (IoT) to name a few.
AutomationSkillingNeed to recognize traditional skills for economic growth: Pradhanedit
Skill Development & Entrepreneurship Minister Dharmendra Pradhan on Monday emphasised on recognising the traditional skill for economic development of the country. Addressing the inaugural session, of the ‘Odisha Skill Conclave, Dharmendra Pradhan said that all traditional skills need to be formally recognized under Skill Development and proper training needs to be imparted in these work-of-art translating into the further economic growth.
Skill DevelopmentEngineering institutes to help PhD students become entrepreneursedit
By Prashant K Nanda
Doctoral students from India’s top tech and engineering schools will get help to convert their theses into startups. The move planned by the Indian Institutes of Technology (IITs) and to be executed by the IITDelhi will allow research scholars to become entrepreneurs. “It will be a platform to harness deep technology from blockchain to artificial intelligence via young companies. The aim is to convert thesis to startups,” V. Ramgopal Rao, director of IIT-Delhi said recently.
Higher EducationUncategorized
Healthy, clean India at core of govt’s long-terms goals: R K Singhedit
It has been successful in obtaining the commitment for receiving approximately 200 metric tonnes per day of agro residue based fuel at NTPC Dadri. It will generate approximately 150 MU of renewable electricity annually. NTPC is actively working to find out the solution for Agro residue and Municipal Solid Waste to Power the workshop is deliberating issues amongst policy makers, pellets manufacturers, regulators, financiers and power professionals, waste to energy experts and companies in the field of waste to energy.
renewable electricityRenewable EnergyRenewable power sector employs over one crore people globally; Solar leads the clean energy driveedit
By Vishwa Mohan
With the countries across the globe gradually moving towards clean energy in sync with their goals under the Paris Agreement on climate change, jobs in the renewable energy sector globally crossed 10 million mark in 2017. All the countries together had created over half-a-million new jobs in the sector last year, a 5.3% increase from 2016.
Renewable EnergySolar EnergySolar power plant EPC to attract 18% GST: AARedit
In a ruling that could spike the cost of setting up solar power plants, the Authority for Advance Ruling (AAR) for GST in Maharashtra said that engineering, procurement and construction (EPC) activities will be considered as ‘work contract’ and liable to be taxed at 18%.
Renewable Energysolar power plantSolar leads India’s electricity generation transition: IEEFAedit
India installed a record 10 gigawatts (GW) of solar electricity capacity in 2017-2018, twice the rate logged in the previous year and nearly double the country’s entire solar base, the US-based Institute for Energy Economics and Financial Analysis said.
Renewable EnergySolar Energy