March 12, 2019

News for the IET

Direct Line Tasks Tin Man With Improving Automotive Engineering Diversityedit

Holmes Report

Tin Man founder Mandy Sharp added: “We know engineering is a misunderstood industry, particularly with teenage girls and minority groups. Our campaign is designed to showcase the unexpected and exciting side to mechanical engineering and prompt a gear shift within the target groups, while driving graduate scheme applications.”

The project is the latest in a series of wins for Tin Man, including Thomas Cook Airlines. The agency also works with The Institution of Engineering and Technology, Barclays, Unilever, Plenty of Fish and Ferrero.

Market failures could see Britain suffering five-day power cutsedit

E&T Magazine

Even in industrialised nations in the 21st century, the sort of electricity-grid system failure that’s been seen in parts of Australia in recent years is not uncommon. In the UK, the risk of total blackout or significant partial shutdown of the transmission network is increasing.

The rise in renewables is making failure more probable. Wind farm growth creates frequency-management issues arising from reduced system inertia, while declining network strength can cause longer, stability-risking, fault-clearance times. Then there are the challenges to match supply to demand following sudden variations in wind generation and the reduced one-hour notice of input variations from European interconnectors. Other risk factors include grid substation failure, lightning or overhead line faults and cyber attack.

IET (UK)

News for other PEI

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Industry News: Information and Communications

AI can help diagnose mental illnessesedit

Telengana Today

Artificial intelligence is finding new applications in a range of fields. Now, Indian and Canadian researchers have developed a machine learning-based tool that can diagnose schizophrenia with high accuracy. Although research on major psychiatric illnesses has been going on for decades, there are still no reliable methods to predict and diagnose many ailments. One of reasons is the inherent variability in biological systems. Schizophrenia is a debilitating psychotic illness where diagnosis is often difficult due to its numerous clinical forms and considerable overlap with other psychiatric disorders.

AI
How Telecommunications Industry Can Use Blockchain For Innovationedit

Entrepreneur

Telecommunications industry (telcos), once considered as the pinnacle of innovation, is under tremendous pressure to innovate. Over-the-top (OTT) players like WhatsApp, Netflix and Facebook delivered a strong round of disruptive surprise and pushed the telcos into a downward spiral. With 5G around the bend and setting the stage for the next round of disruption, can telcos leverage on blockchain to offer innovative and cutting-edge services and products?

Blockchain

Industry News: Future of Mobility

FAME-II: Subsidies for EV makers will come with ridersedit

Money Control

Electric automobile makers will be able to avail subsidies under the second phase of Faster Adoption and Manufacturing of Electric (& Hybrid) vehicles (FAME) scheme subject to a set of conditions including battery capacities and end-use of vehicles. According to the notification issued by the Department of Heavy Industries, the allocation of funds and number of vehicles being included under the scheme “may change from time to time” as approved by the Project Implementation and Sanctioning Committee (PISC).

EVFAME II
Govt notifies phased import duty hike on electric PV parts, lithium-ion cellsedit

Money Control

The government has notified phased increase in basic customs duty on parts of electric passenger vehicles to be assembled in India to 15 per cent from April 2020 and 10 per cent on imported lithium-ion cells by April 2021 to promote domestic manufacturing of EVs. The notification is part of the road map under the phased manufacturing programme (PMP), and also entails doubling the basic customs duty on completely built units of electric buses and trucks to 50 per cent from April 2020.

EV

Industry News: Future of Work

Banking sector to become less labour-intensive, automation the way forwardedit

Financial Express

The creation of jobs has always been the focal point of debates in the country. The banking sector has been a large employer with a 1.3 million workforce in 2017-18, up from 1.1 million in 2012-13. The question is whether or not this number has been increasing at a significant pace and, if there has been any change in the composition of the same. A five-year period has been considered from 2012-13 to 2017-18. The CAGR was 4%, which is just about the industry standard given that services tend to involve more jobs. The banking business, on the other hand, has been increasing at a far higher rate than that in the stock of workforce.

AutomationBanking

Industry News: Skilling

MeitY may fund a part of NASSCOM’s FutureSkills platformedit

People Matters

In 2018, the National Association of Software and Services Companies launched the FutureSkills platform to help companies to skill their employees in new skills. The platform offers training in the internet of things (IoT), robotic process automation (RPA), virtual reality, big data analytics, cloud computing, and 3D printing, among others to participants from NASSCOM member companies. Now as NASSCOM plans to open up the platform for general use, it is in discussion with the Ministry of Electronics and Information Technology to fund this part of the skilling service platform.

IoTNASSCOM
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