July 24, 2019

News for the IET

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IEEE Update of the International Roadmap for Devices and Systems (IRDSTM) Sets Course for Computer and Electronics Industry Growthedit

Business Wire 

IEEE, the worlds largest technical professional organization dedicated to advancing technology for humanity, today announced the release of the updated IEEE International Roadmap for Devices and Systems (IRDS). The IRDS identifies industry indicators and trends to quantify technology and system requirements.

IEEE

Industry News: Information and Communications

Visa system: How Implementation of highend technology and artificial intelligence is improving processedit

The Financial Express 

Can artificial intelligence and other latest technologies make things easier for allVisa application and issuance has always been an issue, in order to get a visa issued one needs to repeatedly visit the concerned places through which they get it issued. The question is how can this process be simplified Despite so much of technological advancements, why are we lagging behind in the system of issuing visa for global.

Artificial Intelligence
How Artificial Intelligence is Changing the Demographics of the HR Industryedit

Entrepreneur 

While HR is not known for pioneering nascent technologies, Artificial Intelligence (AI) represents a terrific opportunity. The consumerization of HR technologies has brought AI to the forefront of innovation in HR. From recruitment to employee experience, and talent management, AI has the potential to transform HR.

AIFuture of WorkHR
Average cost of a data breach rises to $3.92 million: IBM studyedit

Live Mint 

By Nandita Mathur

The cost of a data breach has risen 12% over the past five years and now costs $3.92 million on an average, said study by IBM Security on Tuesday. Assessing the financial impact of data breaches on organisations, the report claimed that the rising expenses were representative of multiyear financial impact of breaches, increased regulation, and the complex process of resolving criminal attacks. (Cybersecurity)

CyberSecurity
$1bn project to study ethical artificial intelligenceedit

Mumbai Mirror 

Open AI researchers early this year announced they had developed an automatic text generator using artificial intelligence so good that it was keeping details private. Microsoft is also a member of the nonprofit “Partnership on AI” focused on helping the public understand the technology and practices in the field along with Amazon, Google, Facebook and IBM.

AI

Industry News: Future of Mobility

Food Delivery App Saves 50% Costs In Electric Vehicle Trials, Now Wants Fleet Of 500edit

India Times 

Electric vehicles are gaining preference over other modes of transport, especially in the logistics industry in India. The benefits of running an EV, coupled with incentives given by the government to boost their use is proving useful for ecommerce and the related logistics firms. Hence, many have already announced their plans to add EVs in their fleet in considerable numbers.

Delivery mobilityElectric VehicleFuture of Mobility
Electric Vehicles Lack Infrastructure Despite Surging Demandedit

Forbes 

Consumer trends point to a rise in electric vehicles in the coming years. However, investing in the infrastructure to support battery powered cars and hybrids has been surprisingly thin, according to multiple market participants. (EV Infrastructure)

Electric VehiclesEV BatteryEV Charging Infrastructure
Bengaluru fast leaving other cities behindedit

The Hindu Business Line 

By Paran Balakrishnan

It’s reckoned almost 100 firms are making EVs or EV-components in and around Bengaluru. Other city-based firms, like Ola, also have big e-mobility plans. “Bengaluru’s now a start-up and tech-innovation hotbed especially for e-mobility which is the industry’s future,” says industry consultant Deepesh Rathore, who shifted to Bengaluru because of the EV cluster.

Electric Vehicles
How to engineer a self-driving caredit

The Times of India 

Experienced engineers and researchers are crucial for a driver less future, points out Irwin Anand, MD, Udemy, a platform where several instructors offer self-driving car courses. Currently, deep learning engineer, vehicle software engineer, localisation and mapping engineer, embedded system engineer, control engineer, robotic software architect, AI/ML design architect and data scientist are the top job roles associated with self-driving cars.

AIData ScienceEngineeringMachine LearningRoboticsSelf Driving Cars
Autonomous cars involve intense application of data & AIedit

The Times of India 

By Sujit John

George Kurian, CEO of data management company NetApp, says the most profound application of data and artificial intelligence (AI) to bring automated decision making is in autonomous cars. It is here, he says, where you see the most progression of machine learning capabilities, of sensor technology, of lidar technology (lidar uses light to measure range and depth, and is often more effective than radar that uses sound).

AIAutonomous Carsdata management

Industry News: Future of Work

What Every Founder Needs To Know About Reskillingedit

Forbes 

For the traditionalists, this is known as retraining. But youll also hear upskilling, newskilling and my preferred term, reskilling. As a founder myself, I believe starting your business with a plan to reskill workers at each stage of the company will not only keep your organization competitive, but it will also make your company a destination to work especially for those seeking career growth.

Future of WorkReskillingUpskilling
Think future, think AIedit

Forbes 

The key to successful digital transformation is in preparation. We need to invest heavily in reskilling our employees in nextgeneration technologies such as blockchain, cyber security, AI and machine learning, robotics and automation

AUAutomationBlockchainCyberSecurityMachine LearningReskilling
The Impact On Jobs And Skills Required In An Increasingly Automated Worldedit

Forbes 

Less educated workers which describes many of the workers relying on shopfloor manufacturing work are most at risk of being impacted by automation: individuals whose level of education does not exceed a high school diploma, are four times as likely to be in a highly automatable role, while more and more roles in manufacturing will require a higher level of education.

AutomationEducationFuture of Jobs
5 Skills which make a Talent Industry Readyedit

Everything Experiential (by BusinessWorld)

Indian engineers lack skills employers are generally looking for Employers need effective communication skills to work in teams in the corporate setting Mr. Arman Ahmed, CoFounder & CEO, EdYoda.

EngineersFuture of WorkSkill and talent development
Software Robots to Automate Workforceedit

BW Smart Cities 

By Poulami Chakraborty

Whats more, the ROI on automation is exponentially higher and quicker to achieve. Many customers have reported breakeven times within six months of deployment. High level of software automation along with a rise in the Internet of Things is further creating a favorable market for RPA. Therefore, the opportunity is huge in this space.

AutomationIoTRPAworkforce
Reskill to survive: Tech firms retrain staff on war footingedit

The Economic Times

By Ricca Bhattcharya and Prachi Verma

Industry body Nasscom said in a recent report that about 40% of Indias total IT workforce has to be reskilled over the next five years to cope with emerging trends like AI, IoT, machine learning and blockchain.

AIBlockchainIoTMachine LearningReskillingworkforce
Demand for Machine Learning & AI professionals rising in India; heres how you can fill the gapedit

The Times of India 

Artificial Intelligence has been around for a while and ranks quite high on the technology charts. Being one of the most loved technologies, AI has been finding a place in every industry possible and is a favourite among the most enterprising minds across the world. Validly so, the innovation is brilliant and demands blend of computer science with cognitive psychology and engineering.

AIBridging Skill GapEngineeringMachine Learning

Industry News: Education

Why everyone should learn to code, and start in school itselfedit

The Economic Times 

The Future of Jobs Report by the World Economic Forum predicts that 65% of children entering primary school today will ultimately end up working in completely new job types that dont yet exist. A majority of the jobs are soon going to be something that requires algorithmic thinking and programming skills.

Educationfuture fo workSkilling
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