April 2, 2019

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Industry News: Information and Communications

Cybersecurity only represents 2% of total IT spend last year: Reportedit

Money Control 

According to Canalys estimates, worldwide cybersecurity spending exceeded USD 10 billion for the first time in Q4 2018. Despite the high priority many organizations give to protecting their data assets, endpoints, networks, employees and customers, cybersecurity still only represented 2 percent of total IT expenditure last year.

CyberSecurity
AI Enabled Mechanisms to Stimulate Customer Experience, Predict Industry Dignitariesedit

Analytics Insight 

By Smriti Srivastava

The organizations are planning to deploy more and more AI/ML enabled interfaces into the customer experience. Following the aforementioned technologies, IoT (Internet of Things), Speech recognition and augmented virtual reality along with chatbot mechanism, will also participate at a considerable level to add value to the drive.

AIIoTMachine Learning
Vodafone Idea, Airtel bet big on automation to improve 4G; transforming networks for 5Gedit

The Economic Times 

Airtel is making a lot of investment in the area of automation and orchestration and is also working with a lot of partners, its newly appointed chief technology officer, Randeep Sekhon told ET.Our real journey is to make a self healing network, which means it should be able to predict a fault and should be able to fix it before it starts to impact the customer experience, he added.

5G TechnologyDigital Communications
Industry specific use cases spur the demand for AI: Reportedit

Money Control 

Growing enterprises across industries are witnessing a paradigm shift in terms of technologies. Artificial Intelligence (AI) is already revolutionizing major industries, including fintech, an exclusive study by Markets and Markets highlights.

AI
FinTech startups all set to seize the opportunity in tier2 cities in Indiaedit

Money Control 

Many financial institutions are offering these services using their online platform but there is an opportunity for disruption leveraging the latest technologies like Artificial Intelligence (AI), Machine Learning (ML), Augmented Reality (AR), Virtual Reality (VR), Blockchain etc.

AIBlockchainFintechMachine Learning
Apollo Hospitals adopting a combination of disruptive, traditional technologies: Arvind Sivaramakrishnanedit

Express Computer 

We have partnered with Microsoft, and under this partnership, we have formulated a machine learning and artificial intelligence algorithm to predict the Cardiovascular disease risk scores for individuals Sivaramakrishnan stated.

Artificial IntelligenceHealthcareMachine Learning
7 Energy Startups From India That Are Harnessing The Power Of Analytics & AIedit

Analytics India Mag 

It has been two years since we covered a list of startups using analytics and big data in the energy space. Since then the energy sector in India has grown aggressively and there have been many startups emerging in the space that are exploring artificial intelligence, analytics and the emerging technologies to offer newer and better products.

AIAnalyticsEnergyStart-up

Industry News: Future of Mobility

How Electric Mobility Will Be The Next Disruption In The Transportation Industryedit

Business World 

As an industry, transportation has observed several key disruptions since the evolution of the civilization. From horses to carts to the emergence of automobiles, the transportation sector has undergone many transformations, with each change bringing about newer efficiencies and cost savings. And yet again, transportation as a discipline stands at the cusp of disruption.

electric mobility
EVs: How And Why The Future Of Indiaedit

Business World 

When thinking about the electric vehicle in the context of India, it’s critical to realize that it’s not just about the car. In fact, the electric car will likely play a very minor role in the future electric vehicle story of India. Lest we forget, India has nearly 12x as many two wheelers and three wheelers on roads when compared to four wheelers.

Electric Vehicles
Can the electric vehicles revolution in India be driven by tech venturesedit

The Financial Express 

electric vehicles revolution, electric vehicles revolution in India, mobility mix, Delhi government, EV powerhouse. India has been lagging behind in battery production, and the nation has depended on imports.

Electric Vehciles
Introduction to Telematicsedit

Tech Story 

All these features and benefits are the reason how telematics has played a major role in the advancement of fleet management. The transformation is rapid and highly beneficial. With the widespread of IoT and Artificial Intelligence, telematics continues to improve and gets better by the day.

AIIoTTelematics
A shot in the arm for electric mobilityedit

The Hindu Business Line 

The recently announced Faster Adoption and Manufacturing of Electric Vehicles Phase II (FAME 2.0), a three-year Rs 10,000 crore initiative by the Centre, is a laudable effort by the Department of Heavy Industries.

electric mobilityFAME II
Tata Power, IGL join hands to set up EV charging stations, solar plantsedit

The Economic Times  

The MoU will explore possibilities of cooperation in setting up large scale Solar Group Captive Power Projects under the Captive Policy of Government of India for IGLs own consumption and setting up of commercial scale charging and battery swapping stations for electric vehicles with the allied power management solutions, the companies said in a statement.

EV Charging Infrastructure
What it means: India signs MoU with Bolivia for development of lithiumedit

Over Drive 

Domestic production is also set to see a boost, from the automotive perspective. The arrival of hybrids and electric vehicles from as early as 2020 onwards, will force manufacturers to look at local production.

Lithium Batteries
When will Delhi see electric buses on its regular routesedit

Citizen Matters 

A year later, the first set of global tenders for 375 buses have just been issued, following a pilot project in the latter half of 2018. In the meantime, we have heard of several other cities launching ebuses, though any major citywide transition or significant breakthrough in terms of adoption is yet to be reported. (E mobility)

e-mobilityElectric Buses

Industry News: Future of Work

How Artificial Intelligence Will Ensure Agility IT Staffingedit

Business World 

The coming years will witness an exponential rise in the use of new technologies like IoT, data analytics, machine learning, image analysis thus, producing large amounts of data. The need to leverage this data is already a big challenge facing most of the industries, and the same will grow substantially with time.

AIhuman resource
Women should prove mettle in IT: Entrepreneur Fariba Rawhaniedit

The New Indian Express  

By Merin Mariya

After the introduction of the internet, information is now available on your fingertips. Now we are experimenting with Artificial Intelligence and robotics. Opportunities are boundless, technology has opened a way to advance humanity and opened a way to foster education and health care too, said Fariba

AIRoboticsWomen in TechWorkplace Change
Tech firms scramble to make AI unbiasededit

Express Computer 

Biased automation tools could push disadvantaged communities further to the margins. Imagine, for example, an AI recruitment tool that considers women to be less intelligent. If a job portal employs such a tool, it is more likely to recommend males to an organisation planning to hire new people.

Artificial Intelligencerecruitment
How automation will affect the job market in Indiaedit

Live Mint 

A recently released report by the International Labour Organization (ILO) dwells on automation and employability India has an unemployment crisis. Over and above that, what this report suggests is that India also has an employability crisis

AutomationemployabilityFuture of Jobs
Digital tech can transform 45 million jobs, create 65 million new jobs by 2025: Reportedit

Express Computer 

The study said up to US$ 150 billion each of benefits can be accrued in sectors, including agriculture, education, energy, financial services, healthcare, logistics and retail if they embrace digital technologies (Artificial Intelligence)

Artificial IntelligenceDigital TechnologyFuture of Jobs

Industry News: Education

No dearth of job opportunities for qualified Indians in Finlandedit

The Times of India 

Ever expanding IT and Information Communication Technology (ICT) sector will require 53,000 young professionals, writes Shivangi Mishra Ever expanding IT and Information Communication Technology (ICT) sector will require 53,000 young professionals (Higher Education)

Higher EducationJob Opportunities
AICTE modifies promotion rules under Career Advancementedit

The Times of India 

However, after receiving several complaints from teachers about their inability to attend these sessions in the midst of taking regular classes, AICTE has decided to bring changes in the mandatory training programmes required for the Career Advancement Scheme (CAS).

aicte
Delhi: Entrepreneurship curriculum begins rolling out at 24 schoolsedit

The Indian Express 

The curriculum was first publicly discussed by Education Minister Manish Sisodia in December 2018, when he had said that the aim of the new curriculum would be to create an entrepreneurial mindset in students so that they become job creators instead of job seekers.

Education
Education must help in developing society grounded in ethics: Venkaiah Naiduedit

Business Standard 

Vice President M Venkaiah Naidu on Monday said education must lay the foundation for developing a society that is strongly grounded in ethics and moral values to ensure peace and contentment in life.

Education
How Artificial Intelligence can transform Educationedit

CIOL 

By Ashok Pandey

Artificial Intelligence: intelligence but artificial. So what! Its helping us in numerous ways. And sometimes provides better analytics to make wise decisions. It’s no more fictional, we now living in a world where machines are intelligent and are easing our lives.

Artificial IntelligenceEducation
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