February 21, 2019

News for the IET

No Specific News for the IETedit

Scroll down for key industry story updates.

News for other PEI

No Specific News for Other PEIsedit

Scroll down for key industry story updates.

Industry News: Information and Communications

Why You Should Adopt the Internet of Thingsedit

IoT Evolution World

There is more to the technology than perfect bagels and moody lighting. IoT goes beyond mere indulgence, although having a smart home equipped with cutting-edge smart devices is a delight to interact with on a daily basis, IoT can do far more.

“IoT is transforming the everyday physical objects that surround us into an ecosystem of information that will enrich our lives,” reads the esteemed PricewaterhouseCoopers report. “From refrigerators to parking spaces to houses, the IoT is bringing more and more things into the digital fold every day, which will likely make the IoT a multi-trillion-dollar industry in the near future.”

IoT
The IOT In A Smart Cityedit

Business World

Devices in the IoT include vehicles, home appliances, electric meters, certain parts of industrial installations, security systems, thermostats, electronic appliances, alarm clocks, speaker systems, vending machines, etc. These are variously equipped with sensors, software, actuators, and other electronic components that animate the core functions of the IoT.

IoT
Users, Internet of Things (IoT) services don’t need 5G as yet: Voda Ideaedit

The Economic Times

Leading telecom operator Vodafone Idea said India should put off 5G spectrum auctions beyond 2020 as there aren’t specific 5G use cases available, and 4G is more than adequate for most customers and Internet of Things (IoT) services in the near term.

5GIoT
Three Industries Poised For IoT Disruptionedit

Forbes

The internet of things (IoT) has become a hot topic for discussion in recent years due to its ability to enhance operational efficiency and improve business outcomes. What was once an abstract concept now touches almost every part of our lives and can be found in our homes, workplaces and public spaces.

IoT
Internet Of Things (IoT) In Healthcare Market Anticipated to Grow at a CAGR of 20.0% by 2025edit

A Markets Report Journal

This Research Report Forecast 2019-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.

IoTIoT in Healthcare
Driving Change In The Era Of Robotics And Workforce Automationedit

Forbes

With the Fourth Industrial Revolution razing full speed on all traditional ways to do business, digital innovation is often at the center of an organization’s focus. In order to stay ahead or even on par with the competition, business leaders are in constant pursuit of solutions that will help them do more with less.

Robotics
5 Best Artificial Intelligence Applicationsedit

CIOL

Artificial Intelligence is not just a buzz word, lots of innovations are happening with AI. There are various solutions which are helping industries to grow smartly. Along with manufacturing, it is also benefiting healthcare, education and other verticals as well. Apart from industries, AI is also empowering our personal lives. There are multiple artificial intelligence applications (Apps) which are making our life easier.

Artificial Intelligence
Is the Indian Government Set to Regulate Artificial Intelligence And Its Ethics?edit

News 18

Artificial intelligence is everywhere. It is in your phone. It is in almost every app in your phone. It powers the software in your computer and tablet. These intelligent algorithms even recommend the next TV show or movies you should watch on Netflix. It is therefore not surprising that the Government of India is looking to regulate artificial intelligence (AI), with a clear set of guidelines for how the AI technology is developed and implemented. This has been confirmed by Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation in the Government of India.

Artificial Intelligence

Industry News: Future of Mobility

ETAuto EVC: Indian EV shift needs infrastructure pushedit

ET Auto

As vehicle electrification has started gaining traction, it opens new mobility avenues for India to tap into. At present, electric vehicles represent a magnitude of growth never seen before and India is all set to position itself as a leader of the EV marketplace.

Electric Vehciles
How shared electric mobility can benefit Indiaedit

Indian Express

It took close to 60 years for the number of registered vehicles in India to grow from 0.3 million in 1951 to 105 million in 2008. But it took only six years from 2009 to 2015 to add another 105 million vehicles on the road. This alarming growth has imposed huge socio-economic costs on Indians.

Shared Mobility
FAME-II may disappoint electric two-wheeler manufacturers with lower salesedit

Business Standard

The government’s much-awaited incentive scheme for electric vehicles under the Faster Adoption and Manufacturing of hybrid and electric vehicles or FAME II is likely to be a deterrent for electric two wheelers.

FAME II Policy

Industry News: Future of Work

New-age technology adoption by top management will help scale businessedit

CIO

Outlining key business outcomes and working backwards to adopt agile methodologies with the right mix of technology will help organizations to secure their market share and stay ahead of the curve.

Heads, hands and hearts: How ‘Globotics’ will change worklifeedit

 

Business Standard

Predictions about job crisis that the advent of robotics and artificial intelligence may unleash in developing as well as developed nations have been doing the rounds for some years now but this timely, well researched book by one of the world’s leading globalisation experts, argues that the speed and nature of this transformation may threaten our capacity to adapt to the expected changes.

GloboticsWorklife Changes

Industry News: Education

Centre launches ₹9,000 crore plan to digitize education deliveryedit

Mint

The government on Wednesday launched a ₹9,000 crore initiative to digitize education delivery in state-run schools and colleges. Human resource development (HRD)minister Prakash Javadekar said the initiative by the “digital board” will be implemented over the three years beginning 2019-20 academic year.

Education
STEM education pays off for economy, Bloom tells financial execsedit

ROI-NJ

“The future of business, today, is accelerated by knowledge of technology,” the president of Newark’s New Jersey Institute of Technology told a room of around 30 financial executives at a recent Financial Executives International meeting at the Manor in West Orange.

The meeting focused on the impact of higher education in the state, and Bloom’s keynote highlighted the benefits of fields tied to science, technology, engineering and math, specifically.

EducationSTEM

Industry News: Skilling

Maha to use Artificial Intelligence for skill developmentedit

Asian Age

Chief minister Devendra Fadnavis on Wednesday met ASEA Brown Boveri (ABB) CEO Ulrich Spiesshofer and discussed ways to use advanced technologies to address the state’s requirements. The discussion, which was held on the sidelines of the NASSCOM Technology and Leadership Forum 2019, focused on how a partnership with the Swedish multinational corporation could be forged to deploy Artificial Intelligence (AI) and digitalisation technologies to meet the state’s needs, including using AI to take skills’ development to the next level.

AIIT Upskilling
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