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Industry News: Information and Communications
Taking corporates towards sustainability, with Industry 4.0edit
Helping to bring about these changes are new technologies such as artificial intelligence, data analytics and machine learning. Together these seem to be visibly transforming the market dynamics and presenting new opportunities to industry. In fact, the concept of Industry 4.0, which largely means digitalising production, and using the Internet of Things (IoT), will make the management of large factories that much easier through remote control methods.
Industry 4.0IoTNITI Aayog clears proposal on artificial intelligenceedit
For the formation of a task force under Principal Scientific Advisor K Vijay Raghavan to identify projects and initiatives to implement artificial intelligence (AI) technology, the government would soon launch a national AI programme. The mandate will include a national artificial intelligence centre. The centre would finally be able see light of the day as the finance ministry has cleared the NITI Aayog’s Rs 7,000-crore plan.
AINITI AayogLeading automation in an auto modeedit
The top 10 technologies at the heart of smart manufacturing that are gaining maturity include Internet of Things (IoT), smart sensors, cloud, big data analytics, artificial intelligence (AI), industrial robotics, digital twins, 3D printing, augmented/virtual reality (AR/VR), and cybersecurity.
AIAutomationIoTIoT threats are top security risksedit
With Indian IT managers being inundated with cyberattacks coming from all directions as cybercriminals exploit the weak links in security leading to supply chain or third party vendor compromises, 27 per cent of them consider Internet of Things (IoT) as threats while 21 per cent feel the internal staff are the top security risks, a new survey by global cyber security major Sophos said on Tuesday.
cyber attacksCyberSecurityIoTEnhance Customer Profitability with Analytics & Automation: Subhrangshu Chattopadhyay, CRIF Indiaedit
In terms of the customer lifecycle, we start with a Prequalification standpoint where we discriminate customers in terms of riskiness and the likeliness of them to take an offer if given an offer. This essentially is a function of data and Analytics, says Subhrangshu Chattopadhyay, National Sales Head, CRIF India
AutomationBFSIData AnalyticsE&V spectrum use may cut 50% of tower congestionedit
Intelligent communication tools will let administrators manage and respond to emergencies quickly and provide residents with constant real-time inputs. There will be supporting machine-to-machine (M2M) and machine-to-machine-tohuman (M2M2H) communications in the smart cities with high internet access across wireline and wireless networks.
IoT in TelecommunicationsMachine to Machine communicationBridging digital divide in the data economyedit
The utility of data is ubiquitous and its monitoring, storage, processing and analysis would drive innovations in 5G, Cloud, AI and IoT, all of the technologies that are bedrock of the Fourth Industrial Revolution. Data is also playing a big role in the realization of SDGs.
5GAIIoT21 per cent Indian IT managers consider Internet of Things threats top security riskedit
With Indian IT managers being inundated with cyberattacks coming from all directions as cybercriminals exploit the weak links in security leading to supply chain or third party vendor compromises, 27 per cent of them consider Internet of Things (IoT) as threats while 21 per cent feel the internal staff are the top security risks, a new survey by global cybersecurity major Sophos said on Tuesday.
CyberSecurityIoT attacksIndustry News: Future of Mobility
Data Analytics & A Sound Battery Management System Are The Future Of Electric Vehiclesedit
A number of countries who are investing in the future of renewable energy and pushing for aggressive adoption are helping increase the demand for better and smarter batteries. As the demand for electric vehicles increases globally, this significantly shifts the focus on to cuttingedge battery management systems.
Electric VehiclesEV no answer to air pollution: Chicago profedit
The NITI Aayog’s road map had said that all vehicles sold after 2030 would be electric. Also, all two-and three-wheelers should go electric from 2023 and commercial vehicles from 2026, in accordance with the plan. In fact, Road, Transport and Highways Minister Nitin Gadkari had in 2017 announced the plan to move India to 100 per cent electric cars by 2030.
Electric VehiclesNITI AayogGovt’s big plan to push EVs: Rs 40,000-crore subsidies in the worksedit
By Arup Roychoudhary
The government is considering more sops and benefits to push electric mobility in India — this time on the supply side. The plan is to spend Rs 40,000 crore on subsidies over the next 10 years, aimed at companies that will set up manufacturing units for batteries, parts of electric vehicles (EVs), or components supporting infrastructure like charging stations, Business Standard has learnt.
Electric VehiclesIndian Oil and NTPC Launch Electric Vehicle Charging Stations in Noidaedit
Earlier, the government cut the rate of Goods and Services Tax (GST) on electric vehicles (EVs) in a move to increase electric mobility in the country. The 36th GST Council meeting was chaired by finance minister Nirmala Sitharaman, wherein the GST on EVs was reduced from 12% to 5%.
Electric Vehicles ChargingEV Charging InfrastructureGSTIndustry News: Future of Work
DNA Of HR Function Is Being Rewritten With Technology: Oracleedit
The workforce needs to be equipped with multiple skill sets and even multiple career transitions if need be. Employees who are not upskilling themselves are facing the brunt of the situation.
Future of Workhuman resource managementUpskillingWho’s the boss? 95% Indians confident they can do their manager’s job betteredit
Even as bosses worldwide, including in India, are well regarded by their employees, most of these same employees think they could personally manage even more effectively do their managers’ job, according to a survey. Millennial (73%) and Gen-Z (70%) employees are most confident they could do their boss’s job better, the Workforce Institute at Kronos Incorporated and Future Workplace survey revealed.
future workplaceJob OpportunitiesIndustry News: Education
The Workforce Is Calling, Higher Education, Will You Answer?edit
This week, the IBM Institute for Business Ventures announced that its most recent study found that 120 million people worldwide will need to retrain in the next three years in order to be ready to work with automation and advancing organic cognition (colloquially known by the misnomer “artificial intelligence”). Of those, per the report, nearly half are Chinese (50.3 million), followed by Americans (11.5 million), Brazilians (7.2 million), Japanese (4.9 million), and Germans (2.9 million).
AIHigher EducationWorkforce Management