News for the IET
IET’s Engineering the Future of Work, Oct 22, 2019 – Mumbaiedit
IET’s Engineering the Future of Work conference will facilitate dialogues on finer nuances of Future of Work that are still at nascent stage. Surviving the Future of Work requires us to build tools and adapt them at a rapid pace in our workplaces as well as build resilient systems – for individuals, organisations and policies. The Engineering the Future of Work will be held on October 22 at Taj Lands End, Mumbai.
Engineering the Future of WorkIETIndustry News: Information and Communications
Heres how CIOs can implement AI projects within weeksedit
Enterprise technology leaders have Artificial Intelligence (AI) high up on their priority lists. By automating important but time consuming and manual tasks, it has the potential to lend crucial benefits to businesses. However, the downside of implementing AI is the lead time, which can even go up to a year.
AIArtificial Intelligence AdoptionThese coolest 7 AI gadgets are redefining smart homesThese coolest 7 AI gadgets are redefining smart homesedit
These solutions provide on time information to people regarding the various systems in use such as why a particular gadget/equipment is consuming extra energy, and when the fresh food drawers need to get refilled with selected food items. Sounds exciting Below are the seven gadgets that are going to make your homes digitally luxurious and future ready.
AIsmart homesWhy implementing AI projects can run into rough weather in Indiaedit
Artificial Intelligence (AI) can be a black box. Users cant really figure out what drives the algorithm what data has the machine been fed with, how it is nurtured and why machines make the decisions they do. Can this black box image impact AI adoption
AIArtificial Intelligence AdoptionWhat Artificial Intelligence Means For Customer Loyalty Marketingedit
It seems like everyone is trying to identify how artificial intelligence (AI) can benefit their business. In my circles, executives are asking how AI will impact customer marketing, more specifically datadriven customer marketing.
AIRetail IndustryJust 10% of top Indian CEOs confident about reliability of AI, says PwCedit
Only 10 per cent of top Indian executives are confident about the reliability of artificial intelligence (AI) applications, as India Inc lacks a formal approach to its risk evaluation, a recent study of over 1,000 top-level Indian executives (CXOs) and of other regions has found.
AIArtificial Intelligence AdoptionIOT handbook: Why entrepreneurs need to consider IoT in improving customer experienceedit
In its truest form, Internet of Things (IoT) is a digital mesh of internet connected devices. From devices to automobiles, it connects a plethora of physical objects for seamless data exchange. Garther, the global think tank predicts that by 2021, the world will have 25 Billion connected things. Now that is a huge digital mesh by any scale. One that could connect the entire perimeter of the earth and all the digital things inside it.
IoTIoT DeploymentIoT A Key component of Digital Transformationedit
The Indian enterprises, be it government or private, are already matching pace with the global companies in adopting emerging technologies like AI, ML, IoT, and Edge Computing among others to drive new business models. Talking specifically about IoT as a disruptive technology, the increasing use cases clearly suggest that organisations are looking at this technology as a key enabler to drive their digital transformation journey.
Digital TransformationIoTHow Rajasthan is making great strides in eGovernanceedit
Most recently, Rajasthan Chief Minister Ashok Gehlot was in the news for enjoying a drive on the virtual track at a digital museum during a visit to the Bhamashah Technohub and State Data Centre. The Chief Minister was impressed with the virtual reality technology and tried his hands on virtual games including football and cricket.
e-governanceVRHow Can IoT Make Businesses More Productive?edit
Considering reports, it is estimated that more than half of new businesses are going to run on IoT by 2020, making them more automated and saving millions in increased productivity in the process. However, with the great promises of this technology in improving business productivity, a major question is floating out there on how can IoT assist in making business work smarter? Here are the 4 best ways IoT can boost business productivity effectively.
IoTIoT DeploymentArtificial intelligence isnt ready to take fund manager jobs yetedit
In August 2018, a quantitative team at Aberdeen Standard Investments started a $10 million Artificial Intelligence Global Equity Fund, betting that an algorithm can be more effective at figuring out the complex world of factor investing than a human portfolio manager.
AIBFSIIndustry News: Future of Mobility
Electric cars and the coming revolutionedit
A Bangalorean named Chetan Maini produced a compelling electric car called the Reva many years before Tesla did, but his product (renamed e20 after Mahindra bought the company) did not receive the sort of government backing it should have. Tesla was also a start-up but got a $465 million loan from the Obama administration which helped it scale up. Today it leads both the electric and the autonomous revolutions, which have become irresistible.
Electric RevolutionEV SectorElectric mobility in India needs a common framework, says reportedit
Mahindra Electric joins hands with Dassault Systemes for EV testingEven as more states are framing policies to promote electric mobility, the need is to develop a common framework for consistency and to accelerate adoption of electric vehicles (EVs). Rather than only a collection of incentives, goes a report from the World Economic Forum (WEF), the International Organization for PublicPrivate Cooperation and the Ola Mobility Institute (OMI).
EVEV PolicyEV SectorTamil Nadu Govt looks to turbocharge EV manufacturing plansedit
Tamil Nadu is working on feasibility studies across locations including Chennai, Coimbatore, Hosur and other southern cities with an aim to develop electric vehicle (EV) and component factory clusters, according to a top government official.
e-mobilityEVEV PolicyStates can propose zeroemission mandate to promote electric vehicles: WEFedit
A reported compiled by the World Economic Forum (WEF) and Ola Mobility Institute stated that State governments could implement a zeroemission vehicle (ZEV) mandate requiring original equipment manufacturers to register and sell a minimum share of electric vehicles (EVs) to support the growth of nonfossil fuel vehicles in the country.
CO2 emissionsEVLast-Mile Connectivityedit
Solar-powered e-rickshaws ferry passengers between Noida’s Sector 52 Metro station on the Blue Line and Sector 51 Metro station on the Aqua Line. Started by Noida Metro Rail Corporation, 10 e-rickshaws ply on the route.
e-mobilitylast mile connectivityGreen mobility for the masses is our goaledit
Here, the battery swapping model can be the ideal one. We are working with several players such as SmartE, Ola, Sun Mobility and other battery swapping players. We have been doing a battery swapping pilot model with Ola-fleet of 100 electric three-wheelers in NCR for the past six months.
battery swapEVEV BatteryBengaluru: BMTC gives clearance to induct 300 ebusesedit
Each electric bus can run up to 250 km with a 100 per cent charged. Each ebus takes 45 hours to charge completely. The drivers will ensure that the buses are fully charged before taking passengers, the official added.
e-busesEV PolicyAmidst Concerns and Market Uncertainties, WEFOMI Report Says that India May Become the Largest EV Marketedit
At a time when electric vehicle industry players are looking to understand the uncertain market in India, a report by the World Economic Forum and Ola Mobility Institute shows that the country can potentially become the largest EV market in the world. However, the report also stated that “a collective path towards operationalizing EVs across India is yet to be found”.
EVFuture of MobilityAmid Motown Slowdown, Electric Two and Three Wheelers Power Aheadedit
Government think tank Niti Aayog announced, and retracted quickly on a transition target from fossil fuel based internal combustion engine (ICE) to EVs for two and three wheelers by 2023. While the climbdown has been caused by an auto sector in distress, besides the cost of compliance with BSVI fuel standards from April 2020, the EV future remains bright.
BS-VIe-mobilityEVIndustry News: Future of Work
Artificial intelligence for the perplexed executiveedit
Artificial intelligence will affect every industry, whether it’s clothing or shipping,” says Oyer, a professor of economics and the codirector of a new multidisciplinary course on AI for senior executives. “We need to find a complementary relationship between those who deal with the technology of AI and the managers who understand what drives their companies.
AIFuture of WorkRobots to cut 2L US bank jobs in next decade: Wells Fargo reportedit
The $150 billion annually that the country’s finance firms are spending on tech — more than any other industry— will lead to lower costs, with employee compensation accounting for half of all bank expenses, said Mike Mayo, a senior analyst at Wells Fargo Securities. Back office, bank branch, call center and corporate employees are being cut by about a fifth to a third, with jobs related to tech, sales, advising and consulting less affected, accord-ing to the study.
AIFuture of JobsRPAIndustry News: Education
BCI opposes higher education panel Bill, warns of agitationedit
In letter to PM and other ministers, lawyers body says it already has a sound statutory legal education committee New delhi, October 2The Bar Council of India on Wednesday strongly opposed the proposed higher education commission bill, saying it takes away the BCIs power to regulate legal education and hands it over to outsiders.
Future of EducationHigher Education