February 25, 2019

News for the IET

Interim Budget 2019: Government’s 10-point vision for 2030 presentededit

VAR India

Piyush Goyal, who has been appointed as the interim finance minister presented his maiden Union Budget in the Lok Sabha. While a full-fledged budget will be presented once the new Central government is formed after the general elections due in March-April, this interim budget, as has been the custom, will seek the Parliament’s nod for meeting the expenditure for the next few months of the new fiscal.

Dr. Rishi Bhatnagar President-Aeris Communications & Chairman IET IoT Panel India

“Companies are deploying considerable investments in emerging technologies to match customer expectations. To support the deployment of these emerging technologies, skill development and enhancement is imperative amidst the current digital disruption scenario. According to MDSE’s annual report, 2017-18, the ...Dr. Rishi Bhatnagar: Chairman of IET India IoT panelIETUpskilling

News for other PEI

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Industry News: Information and Communications

10 CLOUD COMPUTING PREDICTIONS THAT WILL TRANSFORM 2019edit

Analytics Insight

Cloud Computing is here and after a decade of powering the growth of small and medium business success, it is giving the tools and technologies that are needed to compete head-on with the giants. Back in 2018, cloud computing become a must-have technology for every enterprise, and it is no longer considered as a place to get some cheap servers or storage and 2019 promises to be even bigger into cloud technologies.

Cloud Computing
Delay in 5G spectrum auction will raise costs for telcos: Traiedit

The Economic Times

The telecom department’s delay in auctioning 5G spectrum in the 3300-3600 Mhz bands will jack up costs for phone companies planning to roll out 5G networks in India as they will have to make additional investments in such next-generation airwaves, the sector regulator said in a white paper on the ultra-fast wireless broadband technology.

5G
Can Blockchain technology ensure safety of clinical trial data?edit

The Business Standard

Using Blockchain technology, researchers, including one of Indian origin, have created a novel system that could help ensure the integrity of data in clinical trials.

The system creates an immutable audit trail that makes it easy to spot any tampering with results, such as making the treatment look more effective or diminishing side effects.

Blockchain
EMURGO launches training academy for Blockchain developersedit

Money Control

EMURGO, the official commercial and venture arm of Cardano, a third generation blockchain, has formally announced its entry into the Indian market with the establishment of EMURGO Academy (EMURGO Learning Solutions Private Limited). Along with local support from Indian government officials and enterprises, EMURGO Academy will train developers and create blockchain experts to expand the usage of blockchain technology. Blockchain technology along with big data, artificial intelligence, and Internet of Things (IoT) are expected to play central roles in the upcoming years across vast industries. The Indian government has spotlighted the potential applicability of blockchain technology to several use cases such as land registry, education and health records, and supply chain management.

 

Blockchain
Artificial Intelligence will not replace, but augment people: Sebastian Thrun, co-founder Udacityedit

The Economic Times

Most people, fearing job losses to AI and machines will be quick to say AI is the enemy, something to worry about as it will take away jobs and machines will take over the world. Sure, AI will make us efficient, but fears of job losses are overplayed.

Artificial Intelligence
Security and the Internet of Things (IoT)edit

NYOOOZ

But although the Internet of Things (IoT) is making our lives so much simpler it can also pose security concerns. Mirai malware was a big IoT hacking outbreak in 2016, targeting vulnerable IoT devices like IP cameras and home routers. The infected IoT devices formed a botnet that launched a massive distributed denial of service (DDoS) attack on major websites globally. 100,000 IoT devices were compromised by Mirai. As automation increases it is important that security measures are also stepped up, so that we can safely reap all the benefits the IoT has to offer.

IoT

Industry News: Future of Mobility

Budget 2019 pushes for electric vehiclesedit

Nav Hind Times

Interim Budget 2019-20 bypassed the automobile industry with no major announcements to boost growth excluding electric vehicles. In a bid to move towards a cleaner ‘new India’ by 2022, interim finance minister Piyush Goyal stressed on electric vehicle (EV) adoption as his vision for the next decade.

The previous Budget talked about making India pollution free and reducing the country’s dependence on crude oil and natural gas. The latest Budget focus was on electric cars.

EV
KSRTC to roll out electric buses todayedit

The Times of India

Electric buses will ply in the city from next week. KSRTC will roll out five electricity powered buses in five outes in the city on Monday. The buses are included in the fleet of KSRTC, as part of the e-mobility policy of the state government.

 

e-busesEV
ET GBS 2019: Electric mobility needed to charge up India’s citiesedit

The Economic Times

Innovations in electric mobility across categories such as cars, flying vehicles and hyperloop are needed to address growing transportation needs of India’s rapidly expanding cities, said speakers at the Global Business Summit in New Delhi.

EV
Fuel cell electric vehicles may be complementing tech in India’s future mobility: Reportedit

Zee Biz

Supply-side constraints may prove to be an obstacle in battery-driven electric vehicles becoming the only technology for future mobility in India and hydrogen-powered fuel cell EVs could become a complementing technology in future, according to a study by KPMG. In a report titled ‘Automotive fuel: Racing towards a multipolar world’, KPMG said battery electric vehicles (BEV) technology is currently far ahead in market maturity and is expected to be the obvious choice in a value conscious market like India to kick-start the shift towards cleaner fuel.

EV

Industry News: Future of Work

Skills for the future jobsedit

Daily Excelsior

At a time when growing joblessness is of great concern in India, its time to look at the issue from different perspectives. Which jobs will be in greater demand in the future and which will be out of favour? Beyond technical knowledge and skills, which other skills are valued by the employers? Are we giving our children the right knowledge and skills and attitudes so that they are ready for the future? We investigate these issues.

Future of Jobs

Industry News: Education

Deloitte to provide education, skills training to 10 mn girls, women by 2030 in Indiaedit

The Economic Times

Professional services firm Deloitte Sunday said it will provide education and skills training to 10 million girls and women in India with an aim to equip them to find a meaningful work.

The exercise will be carried out under its global initiative WorldClass, Deloitte said in a statement.

Education

Industry News: Skilling

Tech complexities make reskilling of employees costlier at IT companiesedit

The Business Standard

Reskilling of employees is formally a key agenda item for the information technology (IT) and business process management services sector. Both the industry body, Nasscom, and individual companies offer multiple alternatives and platforms for this.

However, this is also expected to become a costlier affair for individual companies. The rising complexities of newer technologies would require them to invest more time and resource, sector leaders say.

Reskilling
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