June 12, 2019

News for the IET

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News for other PEI

IIT Mandi students to be honoured with prestigious IEEE Award in USedit

Jagran Josh IITs have been known for the excellence in the field of technical education in the country. The students of IITs have been exceptional in their fields and they have been recognised for their achievements. In a recent development, IIT Mandi has been in news because the students of the institute are going to receive the prestigious IEEE Award in US. The news has been a welcome one for the students of the institute as the award has global recognition.

IEEE

Industry News: Information and Communications

Smart cities are ideal breeding grounds for IoT growth in India and across the worldedit

Consultancy 

As Internet of Things continues to permeate various aspects of daily life and market functions alike, analysts are now examining the value of the technology for developing solutions. In India, these applications are being assessed primarily in the context of smart cities, according to KPMG.

IoTSmart Cities
RBIs Vision 2021: Preparing digital payments for exponential growthedit

Money Control 

Security aspects of mobile payments. RBI is looking to update its mobile banking guidelines with specific standards, minimum requirements, best practices and risk mitigation measures. The updated guidelines should look into the possibility of emerging technologies such as artificial intelligence, internet of things and wearable device technology being utilised for payment services.

AIBFSIDigital PaymentIoT
Many 5G usecases to be trialed in India in 2019; commercial deployments in 2020: TechM executiveedit

The Economic Times 

Our focus is on skillbased hiring, especially in digital technologies like artificial intelligence, robotic process automation, blockchain, 5G, Internet of Things, cyber security. We plan to have fresher hiring and training onsite to ramp up local workforce and diversity in different geographies.

5G TechnologyAIBlockchainCyberSecurityIoTRPA
EngineeringR&D beats business process managementedit

The Times of India 

R&D spend in automotive is focused on electronics, software and autonomous vehicles; semiconductor firms are focused on AI, IoT and cloud; healthcare firms in personalised medicine, AI in drug discovery; consumer electronics in connected and smart devices; industrial in predictive asset maintenance; aerospace in predictive maintenance and inflight connectivity; banking/insurance in payments technology and telematics based insurance; and retail in transformation of instore shopping.

AIBFSICloud ComputingIoTTelematics
Cybercriminals topmost source of distrust in India: Surveyedit

The Economic Times 

Cybercriminals remain the number one source of distrust in the Internet in India where 79 per cent of people say social media companies contribute to their distrust up from 74 per cent in 2018. Cybercriminals remain the number one source of distrust in the Internet in India where 79 per cent of people say social media companies contribute to their distrust up from 74 per cent in 2018.

cyber criminalsCyberSecurity
Cloud Computing: What 2019 Will Bringedit

Analytics Insight 

Cloud computing has been hugely beneficial to many companies across most industries. This technology has helped businesses reduce their cost, which helps contribute so much to their efforts in increasing efficiency. (Artificial Intelligence)

Artificial IntelligenceCloud Computing
Celebrating Blockchainedit

Millennium Post 

Technology is always going to attract investors and developers. That said, India should actively promote technological conclaves so that Modis flagship Make in India gets the boost it lacked in his first term. Technological conclaves for one aid in attracting a pool of investors to a platform populated by developers and technoenthusiasts.

BlockchainMake in India
AI has become so simple and affordable that anyone can use itedit

The Times of India 

Policybazaar.com, one of India’s largest insurance marketplaces, has integrated Amazon Polly, a service used to turn text into lifelike speech, with its in-house IVR (interactive voice response) to process over 100,000 calls every month. This has reduced the response time from 25-30 seconds to an instant response, and has increased customer ratings from 60% to 85%. Polly has also been used to customise voices and languages, offering two English options with Indian accents, named Aditi and Raveena, making it all more natural and friendly.

AI
A to I of artificial intelligenceedit

The Hindu 

Infosys founder NR Narayana Mur­ thy, who was present in the audience, said, “The ability to define purpose and goal is truly what distinguishes a human being from a machine…” “I think you just made a brilliant point,” Kartik replied. “We keep asking as AI can match what humans are do­ ing, what is left for humans to do? Well­ defined tasks are very easy for AI sys­tems to do.

Artificial Intelligence
5G mobile services expected to create over $27 billion business opportunity for India by 2026: Nitin Bansal of Ericsson Indiaedit

Business Today 

Bansal: We are the first with commercial live networks in the US, and have already deployed operational 5G networks based on commercial equipment in Europe, Middle East, Australia and Asia. We have publicly announced 5G deals with 18 operators globally. From an India market perspective, we brought the first live demonstration of 5G to India in late 2017. In 2018, we signed MoUs with Bharti Airtel and BSNL to work together to create a roadmap for 5G and Internet of Things (IoT) deployments in India.

5G TechnologyIoTIoT in Telecommunications
Five ways in which Artificial Intelligence is transforming data storage industryedit

Financial Express

We are in the midst of an explosion of data. Today, the world is creating more data than ever before in history. As per the Digital 2019 report by HootSuite, the average internet user is online for an average of 6 hours and 42 minutes each day. A study from Domo estimates that by 2020, every person on earth will create 1.7MB of data every second. As the volume of data multiplies, it also throws up the need for far more sophisticated ways of managing data.

Artificial IntelligenceData Storage

Industry News: Future of Mobility

Future of transport! IITMadras students to present Hyperloop concept to Elon Muskedit

The Financial Express 

Avishkar Hyperloop, a student team of IITMadras (IITM), has been shortlisted to present its hyperloop concept to EV player and Tesla and SpaceX founder Elon Musk.Hyperloop is a technology that has the potential to revolutionise the transportation industry. P2P startup RupeeCircle will be sponsoring the IIT team as a financial partner to later help present its concept to Musk.

Future of Mobility
Delhi gets first echarging station, 50 more in a yearedit

The Indian Express

Amal Sinha, CEO, BSES, said, We are gearing up to push the case of electrical vehicles and charging in the capital. He added that BRPL is engaging with stakeholders and domain experts for the purpose. Through an app called ElectreeFi Mobile, consumers can locate the nearest EV charging station, make a booking in advance and pay online via credit/debit cards and ewallets

charging stations
Auto component industry seeks stable road map for EV transitionedit

Business Standard 

The Automotive Component Manufacturers Association of India (ACMA) said on Tuesday the government should adopt a pragmatic approach to create a stable and longterm road map for a smooth transition to electric vehicles.

Auto componentelectric mobility
Industry leaders share concerns over unrealistic EV deadlineedit

Auto Car Professional

Similarly, Venu Srinivasan said: “Automakers everywhere are supportive of the overall goal of introducing electric vehicles (EVs) and easing consumers into electric mobility. As a result, we (TVS Motor Co) have been doing serious development work to ensure we can offer a mass-market EV product that delivers on safety and high performance. This is necessary to co-opt consumers into making a switch, so it’s driven by consumer willingness and, therefore, adopted easily and widely.

Electric Vehicles

Industry News: Education

Draft new education policy is robust, but has its limitationsedit

Live Mint 

At least 115,000 meetings and two committees later, Indias draft National Education Policy (NEP) was finally shared by the ministry of human resource development for public comment, and may soon become a policy. Notwithstanding the delay, the draft policy prepared by a team of nine experts led by space scientist Krishnaswamy Kasturirangan is perhaps the best piece of education reforms initiative in recent years. However, it has its own share of omissions, too.

Education Policy

Industry News: Skilling

How India can be a skilled nation by 2030 and why it is importantedit

The Financial Express 

There is need for skilling, reskilling and upskilling of persons to participate in the global knowledge economy driven by emerging technologies like artificial intelligence and data analytics. The skill development ecosystem is at a crossroads.

AIData AnalyticsRe-skillingSkillingUp-skilling
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