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Industry News: Information and Communications
Role of Blockchain in reducing cyber risk in the financial services industryedit
As technology advances, the security risk associated with technology also catches-up. Based on the increasing frequency of cyberattacks in the financial services domain, the regulators identify cybersecurity as one of the most persistent threats to the financial industry
BFSIBlockchainCyberSecurityNew smart artificial hand for amputees merges user and robotic controledit
EPFL scientists are also looking out ways and developing new approaches for improved control of robotic hands, especially for amputees, which combines individual finger control and automation for improved grasping and manipulation. This interdisciplinary proof-of-concept between neuro-engineering and robotics was successfully tested on three amputees and seven healthy subjects.
AIIoT in HealthcareRoboticsNew initiative to support Pacific to respond to cybersecurity risksedit
New Zealand will provide NZ$10m over five years to support Pacific countries as they develop national cybersecurity strategies, secure infrastructure and data, enhance online safety, and implement robust cyber-crime laws across the Pacific.
cyber attacksCyberSecurityNational Intelligence Grid to roll out by end of the year?edit
By Kamljit Kaur Sandhu
The top officials of Natgrid gave a detailed presentation to the home minister in North Block. Sources said that the project has been aimed to solve the issue of “entity resolution” through artificial intelligence. Natgrid will not have a database of its own, rather it will have a collated database connected with software.
IoTSmart GridMost businesses find automation effective but hard to deploy and maintain: Pegasystems surveyedit
Pegasystems, a digital transformation software company, announced the results of a global survey that found robotic process automation (RPA) and robotic desktop automation (RDA) to be highly effective in streamlining work – though achieving and maintaining those results isn’t as simple as it seems.
AutomationIoT DeploymentRPAMedical marvel: AI can now help detect heart failure risk with 100% accuracyedit
With the help of Artificial Intelligence (AI), researchers have developed a neural network approach that can accurately identify congestive heart failure with 100 per cent accuracy through analysis of just one raw electrocardiogram (ECG) heartbeat. Congestive heart failure (CHF) is a chronic progressive condition that affects the pumping power of the heart muscles.
AIIoT in HealthcareIoT, the key solution to rising energy woes, says Hitesh Thadani of Mahavir Sys Poweredit
To aggregate and process these large amounts of data, there is a need to deploy localized data centre solutions closer to users, data, and objects to avoid latency issues and effectively manage the real-time capabilities required by IoT. This is called edge computing. The type of applications and trades will determine where the computer resources will be located, physically
Edge ComputingEnergy efficiencyIoTIndia Lags Behind US In AI Research Spending, But Will The 7,000 Crore Boost Change Things?edit
The US federal government’s AI expenditure will permit it to better leverage opportunities, carry strategic planning across various parts of the government and ensure collaboration opportunities with industry and academia, said Michael Kratsios, the US chief technology officer, recently.
AINITI AayogR&DHow Immigration Laws & Stringent Visa Regulations Are Hampering AI Researchedit
By Vishal Chawla
In a world where there is a shortage of skills in emerging technologies like artificial intelligence, fostering innovation through conference and research meet-ups is important. Global gatherings of AI/ML researchers and practitioners around the world illustrate the power of collaboration and cross-pollination of ideas. For example, at the recent World Artificial Intelligence Conference in China, more than half of the participants were from outside the country.
AIMLBusinesses gaining value from artificial intelligence experimentation: Mindtree studyedit
Organisations worldwide are achieving their vision to industrialize artificial intelligence (AI) but many can do more to gain real business value, according to findings of a recent survey by technology services and digital transformation company Mindtree.AI
AIArtificial intelligence and Machine Learning revenues to surge past USD 47 billion by 2020edit
Artificial Intelligence (AI) has seen robust growth over a decade. AI which has a history of nearly 100 years is expected to continue its trajectory of high growth. In this article, we will look at a brief overview of AI, it’s market projection going forward and India’s planned initiative in the field of AI (as per NITI Aayog).
AIMachine LearningAI-Integrated retinal-imaging device from India shows promising results in screening for Diabetic Retinopathyedit
A landmark study published in the August issue of JAMA Ophthalmology (Journal of the American Medical Association), reports the feasibility of using a smartphone-based retinal camera with the world’s first, in-built automated, offline Artificial Intelligence (AI) algorithm, the MEDIOS-AI, designed by Bangalore-based Remidio Innovative Solutions, to implement sensitive and scalable screening models for DR.
AIIoT in HealthcareAI-ing victory in waredit
One of the most alarming and least understood is the race towards artificial-intelligence-enabled warfare. Both countries are investing large sums in militarised artificial intelligence (AI), from autonomous robots to software that gives generals rapidtactical advice in the heat of battle.
AIDefenceIndustry News: Future of Mobility
States rule out GST rate cut on automobilesedit
Punjab, too, is of the view that the rate cut was not feasible and had resisted a rate reduction on electric vehicles (EVs) in the last Council meeting. The rate on EVs was cut to 5 per cent from 18 per cent in July.
Automotive SectorEVGSTOutside-In Perspective Of The Drive Ahead For Auto Industryedit
Adoption of Electric mobility. All the emphasis in electric mobility could be making potential car buyers to be waiting for the launch of electric vehicles Add to these, the perennial issues of bad roads, insufficient parking and other infrastructure issues in the maze to complete what is plaguing the Auto Industry.
Automotive SectorEVFuture of MobilityE-rickshaw sees growth amid auto slowdownedit
When automotive sales are tanking, e-rickshaws are witnessing a strong growth — growing at 16% CAGR — as it has emerged as a cheap last mile commute in smaller towns and cities. The e-rickshaw market, currently 4 lakh units is expected to grow to a million units by 2025, a study on Wednesday said
e-rickshawsFuture of MobilityElectric vehicles not exactly environment-friendly, Chicago expert details whyedit
Notably, NITI Aayog’s roadmap for the country laid extra stress on the need for electric vehicles, stating all only electric automobile would be sold after the year 2030. Moreover, it exhorted all two-and three-wheelers to “go green” by 2023 whereas the deadline for commercial vehicles was the year 2026
EVFuture of MobilityNITI AayogDiscussing India’s Auto Components Landscapeedit
The government and private sector thrust on electrification is likely to ramp up sales of electric vehicles (EVs), with varying outcomes for different players; 3. The continued growth of shared mobility could see the emergence of a new customer segment, i.e. fleet aggregators and owners.
Automotive SectorEVOEMCarmakers are rolling out more electric vehicles, but who is buying?edit
Consumer demand “can’t be mandated”, Daimler CEO Ola Kallenius said at the show. Mercedes-Benz is adding at least 10 purely battery-powered cars through 2022 at a cost of more than €10 billion, starting with last year’s EQC sport utility vehicle (SUV), so the carmaker’s lineup can to meet stricter emission limits.
e-mobilityEVFuture of MobilityIndustry News: Future of Work
To build the workforce of the future, we need to revolutionize how we learnedit
It will need to prepare billions for the future of work. It will need to embrace the ‘many to many’ philosophy of learning, in which there is not one single expert but a community of people who can learn from one another’s experiences and knowledge. It will need to foster creative expressions of learning, from visualization to role-playing to sharing new ideas.
Future of WorkSkillingThe automation threat to jobs is for real. Transferable skills can best fight it .edit
There already exists a strong body of opinion even in this country that quality and consistency in service delivery – never very strong attributes of most Indian companies – are better achieved through automation and AI. Not to forget, these days, even many customers — at least in urban locations — are also quite receptive to the idea of their basic requirements being serviced by a chatbot or humanoid robot.
AutomationFuture of JobsskillsIT, e-commmerce to lead job growth despite slowdownedit
By Avishek Rakshit
He says IT and IT-enabled services (ITES) remains the highest growing sector across the globe. In India, there is this accelerated growth of innovative technologies such as cloud computing, data science, the internet of things (IOT) and mobile app development, among others.
AIFuture of JobsUpskillingAnalytics, AI among tech skills in demand, says Infosysedit
Technical skills that are in the greatest demand today are analytics, user experience, automation, IT architecture and artificial intelligence, according to IT services firm Infosys. The company’s research arm, Infosys Knowledge Institute (IKI), on Thursday released a report titled ‘Infosys Talent Radar 2019’.
AIskillstalent acquisitionIndustry News: Education
India Moves Up on Times Higher Education Rankingsedit
India has jumped significantly in The Times Higher Education World University Rankings 2020, with 56 institutions making it to the list, up from 49 previously. India remains the fifth most-represented nation in the world. However, for the first time since 2012, not a single Indian university made it to the top 300 list.
Higher Education