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Industry News: Information and Communications
Why Platformization Is Key to Successful Digital Transformationedit
Platformization has gained momentum over the last decade following the expansion of broadband, networks and the Internet of Things (IoT), and requires the enterprise to reimagine their business across multiple dimensions organization, business models, customer engagement, ecosystem, technology and data.
Digital TransformationIoTThe rise of the Machinesedit
Available in Japan and the US for $2900, this home robot— about the size of a small dog—packs in 22 drive actuators for movement; a pair of cameras for ‘vision’; capacitive touch pads, motion-, range-, and light sensors for sensory feedback; a six-axis detection system for its head and torso, and WiFi+LTE internet connectivity.
IoTRoboticssmart devicesSC proposes to introduce system of artificial intelligence, says CJIedit
Chief Justice of India (CJI) S A Bobde said on Tuesday that the Supreme Court has proposed to introduce a system of artificial intelligence (AI) which would aid in the administration of justice delivery.
AIGovernanceNext Wave of Artificial Intelligence Market Worth $190B by 2025edit
Nearly every critical sector or industry rely on AI to perform specific task that is difficult for humans to complete. This technology is revolutionizing how everyday world works which includes applications from streamlining operations to informing better decision making. By using this technology companies in all sectors are optimizing and automating their processes to increase profitability.
AIArtificial Intelligence AdoptionHow the Internet of Things will transform consumerism, enterprises, and governments over the next five yearsedit
By Shelagh Dolan
The Internet of Things is fueling the databased economy and bridging the divide between physical and digital worlds. Consumers, companies, and governments will install more than 40 billion IoT devices worldwide through 2023.
IoTIoT DeploymentIoT devicesIndustry News: Future of Mobility
Tighter CAFE Norms to Electrify Govt’s EV Pushedit
By Alnoor Peermohammed
The government is looking to tighten the corporate average fuel economy (CAFE) norms, in a bid to push automakers to incrementally increase production of electric vehicles by 2-3% every year. This is a more gradual effort after its efforts to make vehicle manufacturers reduce the number of vehicles powered by internal combustion engines (conventional vehicles) through limits on their production faced stiff resistance from the industry.
EV PolicyFuture of MobilityElectric Cars What, Why and Howedit
Carmakers like MG Motor are taking a step towards bringing electric cars to India and the government of India has also taken the right steps to further this initiative. While under their FAME II scheme, the government is funding the installation of EV infrastructure across the country, they have also recently reduced the taxation on electric vehicles, making them more accessible to the general public.
e-carse-mobilityFAME IIAs lithium prices drop, private equity investors hunt for dealsedit
Private equity groups and other investors have grown emboldened by the lithium industry’s malaise, forging plans to invest billions of dollars in mining projects to develop the electric vehicle battery metal. A more than 50% drop in lithium prices since 2018 has unnerved industry executives, fueling cuts to capital spending and halting expansions. Shares in major lithium producers have dropped as a result, exacerbating retail investor anxiety.
Future of MobilityLithium BatteriesIndustry News: Future of Work
Why Tech Firms Need To Reskill Employees Instead Of Layoffsedit
By Rohit Yadav
As per HR consultants, around 10 lakhs software engineers are unqualified to handle tasks associated with new technologies. Besides, Nasscom reported that firms would have to reskill 40% of Indian employees in the next five years to be in line with new trends in technologies.
Future of JobsReskillingHigh education to blame for rising unemployment How higher studies catalyse joblessnessedit
With the ever changing demands of the job market and industry, the higher education system must adapt itself to the new paradigm of imparting life skills and imbibing analytical thinking in the learners.
employabilityFuture of JobsWill middle management be extinct AI offers hopeedit
Among other emerging technologies, AI (artificial intelligence) and ML (machine learning) have emerged as the indispensable part of modern business operations; especially in critical sectors such as finance, legal and sales.
AIFuture of JobsFuture of WorkMLIndustry News: Education
Some Experiments in Indian Educationedit
Although the Britishers succeeded in crushing the Indians physically, yet they could not change the Indians mental defiance. The revolution was crushed but the sparks continued to emanate and the fire of revolution remained burning in the hearts of Indians. One of the sparks that emanated from this fire was that of educational revolution.
Future of EducationHigher Education