July 17, 2018

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Industry News: Information and Communications

Why Internet of Things can become the game changer that India needs edit

Live Mint  

By Nandita Mathur

Industries such as utilities, manufacturing, automotive and transportation and logistics are expected to see the highest adoption levels in India, whereas industries such as healthcare, retail and agriculture are also expected to make significant progress in IoT adoption. The government’s planned investment worth $1 billion for 100 smart cities over the next five years is expected to help in this context and be a key enabler for IoT adoption across these industries

IoT
Why companies can’t afford missing the IoT bus? edit

Geospatial World  

By Aditya Chaturvedi

Internet of Things (IoT) is a pioneering technology of the future that would transform the dimensions of the workplace and industrial process and establish new paradigms. IoT would enable a lot of evolving technologies and very quickly make a lot of current technologies outmoded.

IoT
Trai tips on data privacyedit

The Telegraph 

Reports indicate 90 per cent of data in the world has been created in the last two years alone with new data being added to this pool at the rate of approximately 2.5 quintillion bytes every day. Data collection, storage and analytics have become widely used tools that allow businesses to monetise their products and services and gain a competitive advantage over other providers. Trai said the rise of internet of things (IOT) has also raised serious concerns about data privacy.

Data PrivacyIoT
Top technology transformation drivers for bankingedit

Money Control 

Unarguably, blockchain will inject new efficiency into many banking processes and lifecycles. But, when paired with IoT, its applications take a quantum leap. For example, imagine how the lifecycle of executing a trade will transform with blockchain-driven smart contracts and IoT-enabled product tracking. Soon, near real-time updates and granular visibility will transform banking as we know it by enabling new capabilities.

BankingBlockchainIoT
The Talent Imperatives In A Digital World edit

CXO Today 

We work closely with startups and big companies, specifically in the areas of IoT and wearables. We tie up with startups to see how we can actually apply technology in promoting some of their innovation. We also do academic innovation and encourage people to align themselves into Make in India. We will be focusing more heavily on mobile, enterprise integrations and connected solutions.

Digital environmentIoT
Real Estate in India: How user experience is taking centrestage in facilities managementedit

The Financial Express 

While facilities management companies are already deploying intelligent building management systems (IBMS), environment-friendly practices and more efficient controls and processes, more is coming up with advanced automation in terms of Internet of Things (IoT), robotics, artificial intelligence and augmented reality.

Artificial IntelligenceAutomationIoTRobotics
Podcast | Deep dive: 5G technology in India edit

Money Control 

Yes, our home fibre optic lines. Because we could have those speeds up in the air around us, available to anyone with a 5G capable devices like tablets, laptops etc. 5G connectivity will likely be used in emerging technologies like mixed reality, developing smart cities, smart agriculture and most importantly Internet of Things (IoT) devices.

5G TechnologyIoT in Telecommunications
IoT and AI to fundamentally change the way we live and work: CSGedit

The Economic Times  

By Muntazir Abbas

Chris Burton, Head of Global Service Delivery at CSG in a conversation with ETTelecom’s Muntazir Abbas talks on telco cloud, Internet of Things (IoT) and 5G-enabled digital services. Edited excerpts. How have you been supporting businesses to digitally transform?

5G TechnologyIoT in Telecommunications
How Artificial Intelligence is empowering designers in India edit

Live mint  

By Kul Bhushan

“In spite of the massive development and use of AI in India, there continues to exist steep barriers in this field. These include the lack of indigenous infrastructure, skill development, education and training in the field of AI, and restricted access to data. The functioning and complete development of AI depends on these key issues which need to be addressed while moving towards a successful AI environment.

Artificial Intelligence
Five mega technology trends defining the digital ecosystem in Indiaedit

Deccan Chronicle 

With the country’s population on the rise, coupled with increasing life expectancy, the need for healthcare services is expanding. With the doctor to patient ratio at an all-time low and poor infrastructure, remote monitoring systems could just be the answer with E-consultations, e-prescriptions, electronic health records, and wearables. The number of health-tech startups deploying Artificial Intelligence and IoT is rapidly growing.

AIDigital TechnologyIoT
Dark Analytics Market Worth 867.7 Million USD by 2023 edit

PR Newswire 

Moreover, leading analytics and cloud service providers are based in this region. The emergence of the AI technology and machine learning, increase in the adoption of IoT, and rise in the number of business applications are key factors projected to drive the growth of the Dark Analytics Market in North America.

AIAnalyticsIoTMachine Learning
CBIC chief pitches for adopting new tech in Customs administration edit

UNI India 

Central Board of Indirect Taxes and Customs (CBIC) Chairperson S Ramesh on Monday pitched for adoption of modern technologies like Artificial Intelligence, Internet of Things (IoT) and Block Chain to streamline Customs administration across the globe. “These technologies can be used extensively to facilitate cross border trade and to check tax evasion,” he said.

AIBlockchainIoT

Industry News: Future of Mobility

World will need ‘at least’ 10 more EV battery giga factories by 2025edit

Auto Car Professional  

By Sam Shaheen

Skyrocketing global demand for electrified vehicles will require the building of “at least” 10 more battery ‘giga factories’ by 2025, a new intergovernmental report has said. According to findings produced by the International Energy Agency (IEA), a Paris-based organisation that advises governments on the future of energy, the global fleet of electrified vehicles will grow from just over three million vehicles today to as many as 220 million by 2030.

battery technologyElectric Vehciles
NITI Aayog initiative to spur demand of electric vehicles: SMEV edit

United News Of India 

Society of Manufacturers of Electric Vehicles (SMEV) has said the 10-point action plan developed by NITI Aayog to combat rising air pollution could further spur the demand for electric vehicles (EVs). This apart, it will also help in reducing carbon emissions in a huge way, SMEV said. Government thinktank NITI Aayog has developed a 10-point action plan to combat rising air pollution in 10 most polluted cities in India.

Electric Vehciles
Growth through partnershipsedit

Auto Car Professional 

The state is among the first ones in India to come out with an EV policy to promote adoption of electric mobility in the state. Government support, albeit temporarily, is crucial. At this stage, the India Ev industry is yet to reach a stage where players have to compete for customers.

Electric Vehicles
Battery Makers’ Overwhelming Interest In ISRO’s Lithium Battery Tech That Powers Electric Carsedit

India Times 

The space agency had said the initiative will accelerate the development of the indigenous electric vehicle industry. The VSSC, located in Kerala, will transfer the lithium ion cell technology to the successful Indian industries/start-ups on a non-exclusive basis to establish production facilities in the country that can produce cells of varying size, capacity, energy density and power density catering to the entire spectrum of power storage requirements, ISRO had said

battery technologyElectric Vehciles

Industry News: Education

Talisma to tap tech adoption by higher education institutions edit

The Hindu Business Line 

Customer engagement software maker Talisma plans to invest $20-30 million in the next two years as it sees rising adoption of its technology by higher education providers, both in India and across the globe. Homegrown Talisma, which was founded at the turn of the century and is now a wholly owned subsidiary of US-based Campus Management Corporation, will make these investments in the Indian market.

EducationEmerging Technology
CSR: Skilling The Youth For National Developmentedit

The CSR Journal 

15th of July is marked and celebrated as World Youth Skills Day every year. Since the launch of National Youth Skill Mission in 2015, India has progressed significantly in terms of employability of youth. According to the fifth edition of the Confederation of Indian Industry’s (CII) ‘India Skills Report 2018’, the employability score has increased by 5.16 per cent this year, reaching a new level of 45.6 per cent.

Skill DevelopmentSkilling
ACITE wants engineering graduates to become entrepreneursedit

The Times of India 

By Vishnu Swaroop

Malkhede said AICTE had earlier discussed introducing a centralised entrance examination for undergraduate engineering courses in the country. “AICTE had discussed introducing a common entrance exam for engineering courses as now several universities have their own entrance exams and students have to prepare for them separately,” said Malkhede.

aicteengineering education
Academia, industry develop a symbiotic bondedit

The Times of India 

Industries’ ties with technical institutions in the city have become stronger in the past few years, say professors and academics. Also, in the past few years, institutions have been focusing more on internships and industry projects, say academicians. This falls in line with the AICTE’s norm of making internships mandatory for engineering students, they add.

aicteengineering education

Uncategorized

Solar continues to power renewable energy growth in Q1 edit

The Hindu Business Line  

G Balachander

New capacity addition in the renewables sector during the first quarter of this fiscal was higher at 1,541 MW when compared with the capacity addition of 1,059 MW in the year ago quarter. Solar segment continues to be the key contributor to the capacity increase with a share of 1,371 MW (ground mounted 1,215.57 MW and rooftop 155.77MW) during the April-June 2018 period (826 MW).

Solar Energy
Global corporate solar funding at $5.3 billion in first half of the year edit

The Economic Times 

“The first half of 2018 has been a roller-coaster for the solar industry marked by uncertainty due to Trump tariffs followed by the recent Chinese subsidy pullback,” commented Raj Prabhu, CEO of Mercom Capital Group. “Though financial activity was better compared to the same period last year, the market is still sorting out the winners and losers that would come out of a potential slowdown in Chinese demand, which is expected to result in an oversupply situation and eventual price crash in components across the globe,” Prabhu added.

Solar Energy
DGTR wants duty levied on imported solar panels edit

Live mint  

By Utpal Bhaskar

The Directorate General of Trade Remedies (DGTR) on Monday recommended imposing a safeguard duty for two years on solar cells and modules imported from China and Malaysia, in a move that may impact India’s solar power generation plans. DGTR, which functions under the commerce ministry, has recommended a safeguard duty of 25% for the first year, followed by a 5% reduction for the first six months of the second year to 20%.

Solar cellsSolar Energy
Chinese and Malaysian solar panels face 25% safeguard duty in India edit

Business Standard 

By Shreya Jai & Subhayan Chakraborty

The current installed capacity of Indian solar cell manufacturing is around 1,386 Mw and the module is close to 2,500 Mw, according to government estimates. Less than 20 per cent of the manufacturing capacity is operational due to low demand. Of the total solar power generating capacity, more than 80 per cent is built on imported cells from China, 10 per cent from the US, and the balance domestic. India’s current solar power installed capacity is 21,000 Mw.

Solar Energy
25% Safeguard Duty on Solar Imports to India Recommendededit

Mercom India 

By Saumy Prateek 

“It should be noted that if the Safeguard Duty is imposed without exempting SEZ to DTA removal, it will affect the domestic manufacturing industry adversly as 3,825 MW out of 8,898 MW of installed capacity of solar modules is based in SEZ and 2,000 MW out of 3,164 MW of installed capacity for solar cells is based in SEZ.

Solar Energy
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