June 17, 2019

News for the IET

Making India a Leader in IoTedit

Telecom Today 

Authored by Mr. Rishi Bhatnagar, President, Aeris Communication and Chair, IET IoT Panel India has always topped the charts when it comes to IoT opportunities and continues to be the forerunner in the number of connected devices and boasts of a 35% CAGR for IoT industry till 2023. However, what will it take for us to be the leaders in IoT

Dr. Rishi Bhatnagar: Chairman of IET India IoT panelThe IET IoT Panel

News for other PEI

World Environment Dayedit

The New Indian Express 

Sandeep Sancheti, vice chancellor of SRM Institute of Science and Technology, presided over the event. A tree-planting and seed ball-throwing event was held in SRM Rural Health Hospital in Mamandoor. The Institution of Engineers, Kalpakkam and Indian Association of Nuclear and Allied Scientist, Kalpakkam, sponsored gifts for the first three prizes in each category.

Institution of Engineers (IEI)
Master Of The Gameedit

Business World 

Recognising his contribution to the power sector development, Sobti has been honoured with the CBIP Special Recognition 2018 for Excellent Contribution in Power Sector Development by the Central Board of Irrigation and Power, the Personalities Award by the Institution of Engineers (India) and the India Pride Award for Excellence among central PSUs.

Institution of Engineers (IEI)

Industry News: Information and Communications

The Present State of Artificial Intelligenceedit

Analytics Insight 

According to the State of the AI report, artificial intelligence adoption rates have significantly increased in a year. One out of seven enormous organizations have embraced AI in two years, 66% of huge organizations will have live AI initiatives. In 2019, AI crosses the chasm from early adopters to the early majority.

AI
How AI and ML are strengthening data for the BFSI sectoredit

Money Control 

Data Analytics, Machine Learning (ML) and Artificial Intelligence (AI) when put together are building a powerful platform for advanced statistical analysis of structured and unstructured data. This will provide the solution for the problem of identifying statistically important relationships among alternative and traditional time series data sets which are the foundation of meaningful trading and investment decisions.

AIBFSIMachine Learning
Digital trends shaping IoT adoption in Indiaedit

CIO 

ReportDigital twin, fog and edge computing, AR, VR and MR, 5G and IoT are projected to play a crucial role in making India a frontrunner in IoT adoption.

digital trendsDigital TwinEdge ComputingIoTMachine LearningVirtual and augmented reality
Artificial Intelligence: A new challenge to online journalismedit

BW CIO World 

Artificial Intelligence (AI) is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans or even better than them. Among various industries, AI is spreading its horizons in Journalism as well. Journalism, that is also known as the Fourth Estate of the democracy can face AI related consequences in the near future.

AI
Artificial Intelligence Tools to Predict Water Conflicts up to an Year in Advanceedit

News 18 

Artificial intelligence can predict where conflicts over scarce water will break out up to a year in advance and allow action to prevent them, researchers said on Friday. An early warning tool that tracks water supplies worldwide and mixes in social, economic and demographic data to flag up potential crises is being developed by the Netherlands based Water, Peace and Security partnership (WPS).

AI
Artificial intelligence can help diagnose rare diseasesedit

ELE Times 

“Patients want a prompt and accurate diagnosis. Artificial intelligence supports physicians and scientists in shortening the journey,” says Dr. Christine Mundlos, Deputy Managing Director of the alliance of patients with chronic rare diseases (ACHSE) e.V. “This also improves the quality of life of those affected to some extent.”

AIHealthcare
Are You ‘Connected’ To Home?edit

The Times of India 

will not have to check every room before you leave your home to ensure all lights and appliances are switched off; or when your shower is ready at the right temperature as soon as you turn the key to enter the house. From motion-sensing lights to smart geysers and virtual assistants, smart home appliances have come a long way. These appliances are achieving their full potential today through a disruptive technology called the Internet of Things (IoT).

IoTSmart HomeSmart Technology
A new AI CoE on the block: An answer to Indian enterprises data dilemmaedit

The Economic Times 

Everybody is talking about AI and its adoption but in reality, Indian enterprises have not adopted AI in a comprehensive way. Skills, infrastructure and tools are still lacking to enable adoption of Artificial Intelligence in a phased manner. India still ranks at 19 in the AI readiness index.

AIskills
Indian innovators working to make AI diagnoses foolproofedit

Hindustan Times 

Artificial intelligence (AI) and machine learning are driving growth in medical imaging, with deep-learning applications being integrated with radiology for faster and higher-precision diagnosis. Algorithms mine raw data sets within seconds to classify and detect aberrations by reading images at efficiencies that humans can’t match.

AIDeep LearningMachine Learning
Artificial Intelligence In Indian Financial Sector: Challenges And Opportunity For Millennialsedit

BW People 

India is among the top Fintech markets globally and the Indian financial services sector is emerging as a great place for creative analytical thinkers and data scientists. There are many business challenges that can be resolved only with advanced analytics and AI. Specifically to the lending industry, a critical question is how to assess the ‘Willingness and Ability to Pay’ of a new to credit applicant.

AIAnalyticsBFSIFinancial Service
Top Trending Technologies of 2019edit

Analytics India Mag 

Emerging technologies are not just emerging anymore, they have arrived and created quite a stir! Internet of Things, Machine learning, Augmented and Virtual reality, Natural Language Processing are few. However, their rapid growth, consistent presence, and great potential have led them to pass the stage of emerging technologies.

AIMachine LearningVirtual and augmented reality
Digital payments to more than double to $135.2 bn by 2023edit

Live Mint 

The rise of digital commerce, innovation in payments technology using AI, blockchain, the Internet of Things (IoT) and realtime payments and the introduction of mobile point of sale (POS) devices have also contributed to growth.

Digital PaymentIoT
AI to Predict Psychosis from Speechedit

The Economic Times 

Washington Scientists using AI have discovered a hidden clue in people’s language that can accurately predict whether they are likely to develop psychosis in future. The method more precisely quantifies the semantic richness of people’s conversational language, a known indicator for psychosis.

AIHealthcare

Industry News: Future of Mobility

India Wont Be Able to Convert TwoWheelers into Electric By 2025edit

The Quint 

The Indian government first decided to switch all its fourwheelers to electric by 2030, which was met with hue and cry from all corners of the industry with experts saying itll be impossible. So, the countrys regime decides to tone down the target, slowly realising things will be harder than first imagined. (Electric Vehicles)

Electric Vehicles
Drive Int A Clean Futureedit

The Times of India 

The initial cost of investment for an electric vehicle vis-à-vis conventional petrol/diesel vehicle, as well as a lack of charging stations are some of the key challenges confronting mass adoption of EVs in the country today. “EVs are a sunrise industry and there are some teething troubles.

electric mobilityFuture of Mobility
Road map for e-vehicles after talks with auto cosedit

The Times of India 

Union transport minister Nitin Gadkari on Friday said that the government will announce the roadmap for electric mobility after consulting the automobile industry. The automobile industry has been opposing the recommendation of an inter-ministerial panel to allow sale of only electric two-wheelers (with engine capacity up to 150cc) and electric three-wheelers from 2025.

Electric Vehicles
Govt likely to give nod to changes in motor vehicles billedit

Live Mint 

The bill will also have provisions to promote alternative technology and innovation in line with the Union governments focus on promotion of electric vehicles as one of the ways to curb vehicular pollution, the official said.

Electric Vehiclestechnology development
Bescom plans 650 evehicle charging stations across Karnataka; 100 in Bengaluruedit

The Times of India 

The 100 stations will be in addition to the 112 that are expected to become operational by August this year. With 8,980 evehicles, Bengaluru currently has more than 57% of such vehicles registered in the state. Records show there has been a nearly 40% jump in the number of registered electric vehicles in the city between 2018 and 2019.

e-busesElectric Vehicles
AI to soon transform auto insurance biz in Indiaedit

The Economic Times 

To make the auto insurance process more efficient, Indian insurance company ICICI Lombard has recently joined hands with Microsoft to offer countrys first artificial intelligence (AI) enabled car insurance claiming feature.

AIAutomotive SectorBFSI

Industry News: Future of Work

Auto cos look to pare EV HR costs by reskillingedit

The Economic Times 

Automobile sales may be falling, but the demand for skilled professionals in the electric vehicles (EV) sector is rising. The likes of Tata Motors Maruti Suzuki, Mahindra & Mahindra and Continental India are feeling the pinch.

Electric Vehicleshuman resourceReskilling
Artificial Intelligence, Data Science jobs see upward trend in Mumbaiedit

India Today 

At the recent campus recruitment drive, many jobs were offered in data science, artificial intelligence, business analytics, machine learning by top firms and startups at Aegis School of Data Science for the students of post graduate program in data science. Business analytics and big data in association with IBM endorses the upward trend and demand of talent in the said fields.

AIAnalyticsData ScienceJob Opportunitiesjob trendsMachine Learning
Artificial intelligence to revolutionise the way we work & thinkedit

DNA  

By Nirupam Banerjee

Artificial intelligence Picture for representational purpose , I stock Artificial intelligence, or AI, is going to be the next big game changer and will revolutionise the way we work, think, and take decisions, said Pranay Agrawal and Srikanth Velamakanni, both alumni of Indian Institute of Management, Ahmedabad (IIMA), who were in city on Sunday to receive the Young Alumni Achievers Award 2019.

AIFuture of Work

Industry News: Education

Rising technical jobs hit Telugu states engineering collegesedit

Deccan Chronicle 

The disintegrated models of technical education, where employment opportunities are high but the cost of education is low, are being opted by students, making engineering colleges in the state struggle to fill their seats.

engineering educationTechnical Education
Getting higher grades have become challenging with change in NAAC norms: officialsedit

Brighter Kashmir

The Department of Higher Education on Sunday said NAAC has undergone certain changes recently under which obtaining higher grades of A and A ++ and also maintaining earlier grading of Degree Colleges have become a challenge.

AccreditationHigher Education
How Machine Learning Will Improve Education in the Futureedit

Analytics Insight 

Technology invades our lives and its predicted that the USA alone will lose about 16% of existing jobs. However, with the help of artificial intelligence, people would get 13.6 million jobs that were almost impossible to imagine even a few years ago. All areas of our life will be connected to technology. One of the most important areas education will also be supported by AI.

AIEducationMachine Learning
The scope for Indian marketing millennials in artificial intelligenceedit

Afternoon 

Young millennials who are going to start their higher education studies soon might be wondering what career paths they should focus on. And for anyone who is in touch with what is happening in the world and future technology trends, the answer should be obvious. Artificial Intelligence. Literally changing the way our world operates, we’re all dealing with aspects of this tech daily and likely don’t even know it.

AIHigher Education
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