July 17, 2019

News for the IET

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News for other PEI

Space for Romance Most People Would Video Call Their Lovers From the Moon Over Parentsedit

News 18 

Nearly 80 per cent of the respondents said they would feel safe if a humanlooking robot were piloting that spacecraft, according to the survey by technical professional organisation IEEE. The participants identified solar panel (65 per cent), athletic shoe (40 per cent) and heart defibrillator (32 per cent) as top three items linked to earlier space travel technology.

IEEE

Industry News: Information and Communications

Use of Robots has Doubled in Global Manufacturingedit

Indian Web2 

As of 2017, automation in the United States had risen to 1.8 robots for every 1,000 workers from just 0.5 recorded 22 years earlier, according to research by the Federal Reserve Bank of St Louis. The report found the highest prevalence of robots in the auto sector, with France in the lead, followed by the United States and Germany.

future of manufacturingRobotics
Only 45% Engineering Graduates Got Placed in 2018, Govt Plans to Scrap Old Disciplines to Boost Employabilityedit

News 18 

The councill will allow only new and emerging fields like artificial intelligence (AI), internet of things (IoT), robotics, block chain, data sciences, quantum computing, cyber security, 3D printing and design and augmented reality/virtual reality with high employment potential, he said.

3D printingAIBlockchainCyberSecurityData ScienceIoTRobotics
Needed: Data sharing to curb consumer banking fraudsedit

The Economic Times 

The Nandan Nilekani headed committee on digital payments has favoured a central fraud registry. The fraudster replicates the transactions and siphons off the funds to multiple accounts and correspondingly withdraws the cash. (Cybersecurity)

BFSICyberSecurity
Indian real estate firms fast adopting AI technology: Reportedit

Express Computer 

The real estate companies in India and China are fast adopting Artificial Intelligence (AI) technology in the development of applications that comprise machine vision for easy analysis and surveying of buildings and structures.

AIReal Estate
ICICI Bank moving into complex automation, combining RPA, OCR and AI, MLedit

Express Computer 

The automation team at ICICI Bank has 60 developers (3035 fulltime with the bank and the rest are at vendor locations), who work on RPA and other kinds of automation like bots, AI, ML and physical bots. The same set of developers work on RPA for across functions like treasury, trade, retail, corporate, international operations, etc. Apart from developers, there are product, process experts, business analysts and a testing team.

AIAutomationMachine LearningRPA
How IOT and AI can help identify flailing trees and prevent accidentsedit

Live Mint 

However, an early warning system based on ML (machine learning) and IOT (Internet of things) to assess the potential poor tree health can help people identify trees that are likely to fall during storm and heavy rain so they can get rid of them in advance. The study was published on July 15 in journal Sensors.

AIIoTMachine Learning

Industry News: Future of Mobility

UK based manufacturer promises EV charging stations across Indiaedit

Free Press Journal 

With the increasing fleet of electric vehicles, (EV) in India, UK based charger manufacturing firm, EO charging will be introducing electric car charging chargers in India. The firm which has set up 12,000 charging stations in 30 countries, aims to set up and install charging points for personal use, parking lots and taxi fleets in the city.

EV Charging Infrastructure
The charge of the e-brigadeedit

The Hindu Business Line 

The recent Budget has a lot to say about EV — duty exemptions for imported lithium-ion batteries, move towards reduction of GST on EVs from 12 to 5 per cent, Rs 1.5 lakh tax deduction for interest paid on loans borrowed for buying electric vehicles and investment-linked incentives for manufacturing the vehicles (under Section 35AD of the Income Tax Act.)

Electric Vehicles
Opinion: The erevolution is here, but is the consumer readyedit

The Economic Times 

We can all agree that as the electric mobility industry, our collective goal is the faster adoption of electric vehicles in India. The first step to achieve this objective is the unanimous acknowledgement of the giant elephant in the room.

Electric Vehicles
No govt move to ban petrol, diesel vehicles: Pradhanedit

The Times of India 

There is no move in the government to ban production or sale of vehicles running on petrol and diesel but electric vehicles are certainly a priority for meeting future fuel demand for mobility, oil minister Dharmendra Pradhan said on Tuesday.

Electric Vehicles
Government invites proposals for deployment of EV charging infra under FAMEIIedit

The New Indian Express 

Proposals are invited from entities that intend to develop EV charging infrastructure in millionplus cities as per the 2011 census; and smart cities as notified by the Ministry of Housing and Urban Affairs, the Ministry of Heavy Industries said.

Electric VehiclesFAME II
Ethanol Or Electric: The Alternative Fuel Source For Indiaedit

Zig Wheels 

This makes electric propulsion seem like the logical choice. Not only are there are no emissions involved with electric vehicles, As each day passes, the technology for charging electric vehicles seem to be getting quicker too. Range anxiety solutions are being cleverly dealt with by companies like 22Kymco and Revolt Motors, which brought swappable battery technology to the country.

alternate energyElectric Vehicle
As EV debate rages in India, China Crosses 1 million Charging Postsedit

Saur Energy 

Even as the debate in India on the EV transition continues, China has crossed the million mark for electric vehicle charging posts by June end. China Million EV ChargingA Million plus in China, and Going Strong.

Electric Vehicles

Industry News: Future of Work

Key skills to create the HR Tech edgeedit

People Matters 

Digital is redefining the world of work, and the key talent driver i.e. the HR function too, is fast transforming. The growth of the HR technology market is indicative of techleading times to come, with people processes vying for efficiency and effectiveness. In the United States alone, there are more than 12 million employers spending over $5 Tn on payroll, benefits, and other employee programs (2019)*.

employabilityhuman resource
HBR Ascend Youth Skills Survey 2019 reveals millennials value knowledge over credentialsedit

The Dispatch 

Leading up to the World Youth Skills Day, HBR Ascend, a mobilefirst learning platform for graduating students and early career professionals from Harvard Business Review, released its 2019 edition of its annual HBR Ascend Youth Skills Survey providing valuable insights about the new perspectives, attitudes, and opinions of millennials around work, workplace, success, and skilling.

skillsWorkplace
Technology enabling HRM transformationedit

People Matters 

High competitiveness has made it imperative to be nimble, predict and capture every opportunity and remove all inefficiencies in processes and systems. Rapid proliferation of digital – new user experiences and interfaces, social media, mobility, analytics and cloud computing, extended possibilities like augmented and virtual reality, internet of things and artificial intelligence, access to information and even instantaneous sentiment analysis are helping this agenda.

AIAnalyticsFuture of WorkHRIoTVirtual and augmented reality
Office politics and changing job roles are hurting employees the most, says a surveyedit

Business Insider 

With automation taking over a lot of tasks, it is safe to say that it has significantly contributed to the lack in performance due to transition of job roles. Nearly 65% Indians feel that robots can perform their day to day tasks.

AutomationFuture of Jobs

Industry News: Education

AICTE Not To Allow Low Employment Potential Disciplines From 2020-21edit

BW Education 

In his written response, Nishank said the AICTE will not allow new conventional disciplines with low employment potential from the academic year 202021 and will allow only new and emerging fields like Artificial Intelligence (AI), Internet of Things (IoT), Blockchain, Robotics, Quantum Computing, Data Sciences, Cyber Security, and 3D Printing and Design.

3D printingAIaicteBlockchainCyberSecurityData ScienceIoTRobotics
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