April 15, 2019

News for the IET

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News for other PEI

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Industry News: Information and Communications

Open to tie-ups in EV space: Ashok Leylandedit

The Financial Express

Commercial Vehicle Major Ashok Leyland may look at partnerships in the electric vehicles (EVs) segment in future in a bid to cut huge costs involved in developing new technologies in this space, a top company official said. In the traditional internal combustion engine segment, the Hinduja group flagship firm, however, would like to go on its own, having built a strong portfolio of engines over the years.

Electric Vehicles
The National Cyber Security Alliance Welcomes Three Prominent Industry Leaders to Board of Directorsedit

IT News Online

The new members, Proofpoint, Uber and U.S. Bank, are deeply committed to supporting NCSAs mission to educate and empower our global digital society to use the internet safely and securely. Together, they will work with NCSA to continue to create and implement far reaching awareness and education efforts to empower everyone to learn about and practice good cyber security in the workplace and at home.

Cyber Security
Evolution Of AI In Video Games: Transition From Cheating To Smartsedit

Analytics India Mag

By Anirudh VK

The field of video game artificial intelligence, which borrows heavily from concepts in machine learning today such as control theory, procedural content generation, data mining, and on the go learning techniques, has recently risen in popularity. These technologies, however, have been in use for over 40 years. Only, they were not referred to as AI in the truest sense but includes various techniques that are used today by ML programmers

AIgaming technologyMachine Learning
AI in BFSI market to grow at more than 40%: Reportedit

Money Control

Banks cover more than 50% of the artificial intelligence in BFSI market. According to Global Market Insights report, artificial intelligence in BFSI Market for Machine learning technology is estimated to witness lucrative growth from 2018 to 2024. The integration of the intelligent algorithms for risk mitigation and compliance, anti money laundering, and fraud detection applications is the primary factor that augments the demand for the technology.

AIBFSIMachine Learning
79% Indian firms dont have counter measures for hacking: Studyedit

Gadgets Now

The IBM Ponemon study found that globally, 77 per cent of respondents indicated they do not have a cyber security incident response plan applied consistently across the enterprise. Studies show that companies who respond quickly and efficiently to contain a cyber attack within 30 days save over $1 million on the total cost of a data breach on average.

Cyber crimeCyber Security
Miko: Your child’s new robotic best friend-cum-tutor is here!edit

The Week

By K. Sunil Thomas 

Launched recently, the artificial intelligence-powered Miko 2 is billed as being emotionally intelligent and intuitive. It comes from Emotix, a start-up founded by three IIT Bombay graduates who say the robot helps modern parents in ‘playful learning’ by initiating long conversations with kids and imparting knowledge based on their academic curriculum.

AIrobots
Just how personal is personal? Importance of delivering digitally-transformed customer experiencesedit

ET Rise

customers better. But there’s a challenge too how to gather, store, manage and analyse all of this data to provide better products and services and ultimately create the best customer experience? This is where we are seeing artificial intelligence (AI)-enabled cloud services come into their own, helping businesses across the region use this information to build the personalised, data-driven and secure customer experience that’s not just a possibility, but an absolute necessity.

AI
How the world’s first Black Hole image was capturededit

Digit

Bouman, who was a PhD student in computer science and artificial intelligence at the Massachusetts Institute of Technology, joined the team of researchers some six years ago and has since been responsible for the image creation algorithm. She is, according to numerous reports, instrumental in the creation of the image.

AI
How electric vehicles improve overall air quality and lower carbon emissions?edit

Devdis Course

Is it possible for electric vehicles to improve air quality and climate outlook? Recent research has thrown light on the efficacy of electric vehicles. The study published in the journal Atmospheric Environment provided evidence that making a switch to electric vehicles would improve overall air quality and lower carbon emissions.AI

AIElectric Vehicle
Cybersecurity is now a boardroom issueedit

The Hindu

By Yuthika Bhargava

The past year-and-a-half has been an inflection point in cyber security with the battle against lack of awareness among businesses and the public sector largely being won, mainly following the two global ransomware attacks — WannaCry and NotPetya — according to Maninder Singh, corporate VP, cyber security services, HCL Technologies

Cyber Security
Creepy Eerie Future Techedit

Hindustan Times

Think about this. All the innovation the world has ever seen. From the dawn of mankind. All of it put together. It pales in insignificance compared to the innovation the world has seen in just the last five years. Completely dwarfed. That’s because we are in the single greatest phase of breakthrough leading edge technology the world has ever seen.

AI
AI robot could lend hand to your household choresedit

The Indian Express

These robots flourish in highly structured, predictable environments — a far cry from the traditional home, where you might find children, pets and dirty laundry on the floor. “We’ve often described these industrial robots as moving statues,” Gealy said. If an AI is going to make mistakes and learn by doing in unstructured environments, these rigid robots just would not work.

AI
Your neighborly Chaiwallah has something to cheer!edit

Entrack

By Shikha Prasad

Something really fascinating may be happening to your Chaiwallah across the lane.Next time you wander in, don’t be surprised to see a tie clad serious looking fellow sitting in his tapri the entire day counting empty tea cups. This isn’t all. The same executive may enquire about the daily routine of stall owner, his/her literacy levels, family constitution, aspirations, criminal antecedents, and even food habits! And no, the executive is not from government. (Artificial Intelligence)

AI
Why are kids need to keep pace with big tech revolutionsedit

The Financial Express

By Vineet Nayar

Carrying on as before is not an option; we are moving towards the next big tech revolution, with AI and robotics. India has huge ambitions, and to keep pace, its children need to be educated well. We need a disruptive approach that will break through the ennui of business as usual and establish quality education for all a norm, not based on privileged access only.

AIRobotics
Three of Every Four Phones to have Dedicated AI Processors by 2022: Counterpointedit

News 18

According to the report, sales of AI driven smartphones is expected to increase over five times since 2018, to stand at 1.25 billion units by end 2022. According to the report, sales of AI driven smartphones is expected to increase over five times since 2018, to stand at 1.25 billion units by end 2022. (Representative Photo: AFP Relaxnews) (Artificial Intelligence)

AIsmartphone
Spys Eye: Technology for securityedit

CNBC TV18

By DC Pathak

Defence Technology is making striking contributions to the task of neutralizing the visible enemy more effective but in security which deals with the unseen adversary technology tools have to play closely with the human controllers in an ongoing fashion. (Artificial Intelligence)

AIDefence
Someday, You Can Connect The Brain To Cloud Networkedit

The New Indian Express

Our brains may someday be able to directly connect to vast cloud-computing networks in real time, allowing us to gain a Matrix style instant access to the world’s knowledge by simply by thinking about a specific topic, scientists claim. According to a research published in the journal Frontiers in Neuroscience, exponential progress in nanotechnology, nano medicine, artificial intelligence (AI), and computation will lead this century to the development of a “Human Brain/ Cloud Interface” (B/CI).

AICloud interfacenano medicinenano technology
Precision Medicine: A new era in medical scienceedit

Orissa Post

Here is your guide to know about Precision Medicine, the latest technique that is changing the way we know modern healthcare. What is it: In a complex modern world where health issues aided by free movement of people and lifestyle changes continue to create new challenges, one size fits all approach to prevent and treat diseases are getting obsolete. (Artificial Intelligence)

AIHealthcare
Opinion | Public policy shouldnt be shaped in an ethical vacuumedit

Live Mint

As new technologies, such as AI or Internet of Things, become more pervasive, policy will have to correspondingly incorporate an ethical outlook on how these impact society. In India, for example, AIs effect on employment and human dignity will become critical. There are many unseen ethical dimensions to AI.

AIIoT
Opinion | How companies can make the most of botsedit

Live Mint

For business enterprises, this presents a complex challenge, as catering to the evolving needs and expectations of consumers while remaining competitive, has become harder than ever. Many organizations are turning to robotic process automation (RPA) to manage complex repetitive tasks and allocating substantial resources for its effective deployment.

RoboticsRPA
Open AI’s Dota 2 AI beats pro team twiceedit

Deccan Chronicle

In a gaming competition, a neural network, which was trained by AI research organisation Open AI, managed to beat the reigning world champion e-sports team in the complex strategy game Dota 2 twice. The competition, which was held in San Francisco, saw the AI compete against a team of humans consisting of five top Dota 2 pros from team OG.

AIgaming technology
Only 4% organisations confident of information security implications of their current strategy: Reportedit

The Times of India

By Jaideep Shenoy

A meager 4% of organizations are confident that they have fully considered the information security implications of their current strategy, and that their risk landscape incorporates and monitors relevant cyber threats, vulnerabilities and risks, noted a recent ASSOCHAMEY joint study. (Artificial Intelligence)

AICyber SecurityCyber threat
Managing creativityedit

The Economic Times

By Edward Tenner

The problem with efficiency is that algorithms let us really learn from experience, they let us codify experience, they let us benefit, recognize patterns. However, if somebody relies completely on a system like that, no matter how brilliantly engineered, sooner or later some glitch is going to bite back. (Artificial Intelligence)

AI
IoT: Industries bet big on the power of connectivityedit

The Financial Express

By Srinath Srinivasan

Internet of Things (IoT) is a buzzword in tech circles today due to its ability to lend itself to a wide range of applications smart homes, connected cars, wearables, etc. Every year, April 9 is observed as IoT Day. Mark Weiser, chief scientist at Xerox PARC in the 1980s, pioneered the technology. Then Weiser had said, The most profound technologies are those that disappear. They weave themselves into the fabric of everyday life until they are indistinguishable from it

IoTsmart carSmart Home
Invento and Making Humanoid Robots Mainstreamedit

Tech Story

By Shruti Jani

With the emergence of computers in the late 1960s technology soon became the next big thing mankind invented. The invention of technology fueled the generation of computers, software, hardware, the internet and life as we know it today. The gambit of the word technology has now become further and wider than expected and can of course not be pinpointed to a set number of things. But one the vertical the development of tech has fueled is Robotics.

Roboticsrobots
Industries bet big on the power of connectivityedit

The Financial Express 

True to his statement, today IoT exists behind many applications without actually showing itself, thanks to thousands of sensors which gather data which is processed at the backend, enabled by the cloud. Some of the biggest tech corporations in the world are investing in IoT as part off their digital transformation portfolio.

cloudDigital TransformationIoT
Indian IT firms go for big push to AIedit

Mail Today 

Chatbots, voice-based AI solutions and cognitive robotic process automation (RPA) have now become the order of the day. Big services players like Infosys, Wipro, TCS, Cognizant and HCL Tech, which embarked on the AI and automation journey less than five years ago, see upwards of 30 per cent of their total revenues coming from these digital segments.

AIChatbotsRPA
How Flipkart is enhancing its supply chain with robotics, machine learningedit

Live Mint 

Supply chain for ecommerce is tight. Sorting plays a very critical role from the speed as well as liability perspective, because we have sellers all over the country. Robotics can help us increase the throughput and as it is modular, we can deploy more bots if we need higher throughput during sales days, says Pranav Saxena, head of robotics and automation at Flipkart Internet Pvt. Ltd.

Machine LearningRoboticsSupply Chain Management
Engaging with Industry 4.0edit

The Times of India 

The fourth (Industry 4.0) is about high speed digital networks, cloud computing, and artificial intelligence. It is about creating new age corporations with cyber physical systems and internet of things (IoT). With huge availability of IT and engineering graduates, a conducive environment for startups, India is better placed than many countries to be a part of industry 4.0.

Artificial IntelligenceCloud ComputingIndustry 4.0IoT
Cyber security certificateedit

The Times of India 

“While the demand for cybersecurity professionals is growing at an exponential rate, the availability of talent is still scarce. The relevance of cybersecurity shall increase manifold, especially in the view of increasing number of cashless transactions and mobile banking.

CyberSecurity
Brains may connect to Cloud directly in futureedit

The Asian Age 

According to a research published in the journal Frontiers in Neuroscience, exponential progress in nanotechnology, nanomedicine, artificial intelligence (AI), and computation will lead this century to the development of a Human Brain/Cloud Interface (B/CI).

AICloud ComputingCloud Technology
Are you taking enough steps to secure data Top hacker attacks businesses should look foredit

The Hans India 

Rapid technological developments in recent years have presented businesses with a wealth of opportunities when it comes to modernizing the way they operate. From cloud environments to the Internet of Things to cryptocurrencies, there has never been a more exciting nor crucial time for companies looking to revisit their infrastructure.

CyberSecurityIoT
AI, chatbot usage by customer service teams set to riseedit

The Financial Express 

According to Salesforce 2019 State of Service report, in India, 93% of decision makers say their companys customer service must transform in order to stay competitive.AI is seen by decision makers and agents alike as a strategic advantage to customer and employee experience. (Artificial Intelligence)

AIChatbots

Industry News: Future of Mobility

SMEV Seeks to Delink Localisation from Subsidy Incentives Under FAMEII schemeedit

News 18

The Society of Manufacturers of Electric Vehicles urged the project implementation and sanctioning committee (PISC) to delink localisation and ex showroom prices of e-bikes from subsidy under the FAMEII scheme.

FAME II
FAME-II to impact electric 2-wheelers most?edit

The Statesman

Electric two-wheeler segment is expected to face a rough road in the initial phase of the FAME II scheme with the exclusion of lead battery powered such vehicles, as per a Crisil impact note. The Central government late last month laid out the eligibility criteria for electric buses, passenger vehicles, three-wheelers and twowheelers to avail the incentives under the “Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India” (FAME-II) scheme.

Electric VehicleFAME II
Electric Car Price Tag Shrinks Along With Battery Costedit

Bloomberg Quint

By Nathaniel Bullard

The crossover point — when electric vehicles become cheaper than their combustion-engine equivalents — will be a crucial moment for the EV market. All things being equal, upfront price parity makes a buyer’s decision to buy an EV a matter of taste, style or preference — but not, for much longer, a matter of cost

Electric CarElectric Car batteries
Auto lovers vroom with glee as vintage fest displays wheels of yoreedit

The Times of India

While cars today are getting redundant and cities choking due to their exhaust fumes, just recognizing the journey from the horse cart to the electric vehicles that were seeing today gives one the resilience in looking at the evolution of transportation, said architect Dean Dcruz

Electric Vehicles

Industry News: Future of Work

Bridging skill gap in service industryedit

The Times of India 

With an aim to bridge the talent gap in the hospitality industry, a partnership has been inked between Sommet Education, a hospitality education group based in Switzerland, and British multinational hospitality company InterContinental Hotels Group (IHG).

Bridging Skill GapEducation
Why The ‘Skills Allowance’ Trend Is Here To Stayedit

Business World

Most companies mandated in-house training courses are created to cater to a large group rather than being tailored to meet individual needs. Employees often attend these courses half-heartedly to meet minimum criteria etc. However, giving a skill allowance puts the employee firmly in the driver’s seat. It affords them greater control over how they can shape their career.

future fo workUpskilling
4th industrial revolution will add unpredictability to future of work: Indiaedit

The Economic Times 

India has said the fourth industrial revolution will add unpredictability to the future of work, requiring peoples opportunities and wellbeing to be localised and reexamined. UN Secretary General Antonio Guterres warned that tremendous labour market disruption lies ahead.

Fourth Industrial RevolutionFuture of Work
90% of Indian engineers lack key skills: Reportedit

The Economic Times 

Now a report by talent assessment firm Aspiring Minds shows a grimmer picture of the ability of Indian IT engineering graduates Agencies hackers agencies Only 10%, the report claims, have adequate coding skills.

Institute of Engineers
Tremendous labour market disruption lies ahead, warns UN chiefedit

Devdis Course 

As the ILO marks its centenary amid unprecedented technological transformation and disruption in the labour market, India has said the fourth industrial revolution will add unpredictability to the future of work, requiring peoples opportunities and wellbeing to be localised and reexamined. Anxiety about the impact of technology on the world of work is not new.

Future of Jobslabour market
Career opportunities for millennials: Checkout off-beat, lucrative jobsedit

The Indian Express

By Shubika Bilkha

Cyber Security: Increased digitization has led to a growth in cyber crimes. With growing vigilance about personal security or organisational level security, the world of cyber security has emerged as a lucrative career opportunity. Specializations within it such as ethical hacking, advanced threat research and more also provide a wonderful career opportunity.

Cyber crimeCyber Securitydigitization
Strong push to logistics sectoredit

The Times of India

By Jagriti Kumari

The market expands across tier-II and III cities, especially from trade centers such as Coimbatore, Guwahati, Jaipur, Lucknow and Ludhiana. With the inclusion of AI and other technologies, the efficiency of the entire industry is expected to grow and would lead to a 10% decrease in indirect costs. This would further leading to a growth of 5-8% in exports,” he adds.

AI
Latest jobs 2019 notifications: Apply Nowedit

Telangana Today

Four years of post qualification experience in the field of Library & Information Science is a must. Knowledge of library automation software and one year course in computer applications is desirable.

Automation
Five policies to deal with the loss of jobs to automation (UBI is not one of them)edit

Qrius 

A universal basic income is not viable and we need a more comprehensive and adaptive solution, writes Henning MeyerThe potential threat of technological unemployment is one of the most hotly debated economic issues of our times: in boardrooms and trade union offices but also increasingly amongst policymakers.

AutomationFuture of Jobs
Facing the employability challengeedit

The Times of India 

While artificial intelligence, cloud computing, data analytics and IoT have been identified as top technology trends impacting business, there is a skill shortage in these areas. Given the above context, companies today look for graduates who have technical aptitude, problem-solving mindset, learnability and behavioural skills. They should be strong in fundamental concepts of algorithms, data structures etc.

AICloud ComputingemployabilityIoT
Artificial intelligence can take your job, so political leaders need to start doing theirsedit

The Print 

AI should be an election issue, because there is virtually no job that wont be affected by AIdriven automation. Over the next decade up to 40% of jobs could be replaced by automation. Thats according to a forecast from the Committee for the Economic Development of Australia. (Artificial Intelligence)

AIFuture of Jobs

Industry News: Education

Futuristic STEMedit

Daily Excelsior 

This is due to the fact that it churns out critical thinkers, problem-solvers, and next-generation innovators. Taking into consideration that India is one of the countries that produces the highest number of scientists and engineers, the growth of STEM has picked up significantly over the last few years. Governments across the globe are taking several initiatives to take education a step ahead.

STEM Education
How e-learning platforms are transforming Indian education landscapeedit

News Nation 

At this scale, e-learning platforms are the only way forward. Professionals will need to equip themselves with relevant skills before their current skills become obsolete. Moreover, the government is adopting a series of measures to bring a technological revolution to accentuate e-learning which will ultimately lead to a major shift in the Indian education sector, experts added.

e- learningEducation
AI Education: Machines are getting smarter by the dayedit

Geospatial World 

Experts researching the field of AI education believe that in the coming years machines will be able to surpass human intelligence. Adopting this type of education will equip students with the necessary technological capacity for the workplace

AIEducationEngineeringMachine Learning
Miko: Your child’s new robotic best friend-cum-tutor is here!edit

The Week

By K. Sunil Thomas 

Launched recently, the artificial intelligence-powered Miko 2 is billed as being emotionally intelligent and intuitive. It comes from Emotix, a start-up founded by three IIT Bombay graduates who say the robot helps modern parents in ‘playful learning’ by initiating long conversations with kids and imparting knowledge based on their academic curriculum.

AIrobots
Skills in AI, automation must for engineering graduatesedit

The Times of India

By Shivangi Mishra

As we move towards a high level of digitization and automation, we need to create virtual learning environments for our students. Most educational institutes have started to focus on developing new skill sets in emerging technologies such as AI, Virtual and Augmented Reality, Machine and Deep Learning, etc. for students and engaging with industry practitioners for the same.

AIAugmented RealityAutomationDeep Learningdigitizationvirtual reality
PE/VC investments in AI space grows fivefold to $359 million in FY19edit

Business Standard

By T E Narasimhan 

Apart from funding, a major challenge is the availability of adequate skilled personnel, say experts from the education sector. The All India Council for Technical Education has added AI, the Internet of Things and Machine Learning among mandatory studies in some of the higher education programmes.

AIIoTMachine Learning

Uncategorized

State of IoT Securityedit

The Financial Express

Interest in critical infrastructure is increasing among hackers. So far this year, smart cities have gathered the biggest chunk of attacks on IoT deployments.

IoT
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