December 31, 2019

News for the IET

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News for other PEI

Earphones to keep pedestrians alertedit

The Times of India

The project has till now received $1.2 million in funding and its creators have published three research papers in the ‘IEEE Internet of Things Journal’. The researchers have used the latest data science techniques for developing advanced signal processing mechanisms, and additionally, these headphones would utilise machine learning models installed on the user’s smartphones to identify hundreds of acoustic cues of nearby vehicles.

IEEEIoT

Industry News: Information and Communications

When AI tightens its grip…edit

Business Standard

Various facets of artificial intelligence (AI) application have been discussed for a decade. Recently, a biotech VC fund used AI to make investment decisions. The AI assessed 50 parameters, which were critical for assessing risk factors in the biotech industry.

AIData Science
The Future Of Customer Service: Predictions For 2020edit

Express Computer

Technology investments can help, such as robotic process automation (RPA), robotic desktop automation (RDA), and dynamic case management, which can give businesses a quick win by automating repetitive, mundane tasks and giving back precious time to agents to focus more on their customers.

AIEmerging TechnologyRPA
Pan, tilt and zoom to foresee the futureedit

BW Smart Cities

Powered with technologies such as Artificial Intelligence (AI) and Internet of Things (IoT), these devices keep the pulse of a smart city alive. Cameras represent one of the key elements of surveillance systems that make up the smart city market, which is expected to grow to $2.75 trillion by 2023. After all, a city cannot be ‘smart’ if it is not safe. Therefore, surveillance systems are crucial to the success of the smart city initiative.

AIIoTSmart Cities
Marred by trials and tribulationsedit

The Hindu Business Line

By S Ronendra Singh

The major contributor of the IT industry – the services sector – will continue to grow higher with companies such as Infosys, Wipro, Tata Consultancy Services and Tech Mahindra diversifying their offerings and showcasing leading ideas in blockchain, Artificial Intelligence to clients. According to Nasscom, India’s IT and ITeS industry grew to $181 billion in 2018-19.

AIBlockchainITIT Service Sector
Leading medical robots used in healthcare: GlobalDataedit

Express Healthcare

Major manufacturers are increasing their R&D efforts within robotic surgical systems. The overall market is currently dominated by intuitive surgical, but the landscape is rapidly changing. The entrance of major manufacturers such as Johnson & Johnson and Medtronicare is bolstering the medtech surgical robotics market.

HealthcareMedTechRobotics
It’s time to harness, regulate AIedit

The Economic Times ET Panache

Artificial intelligence appears to be ‘widening inequality’, and its deployment should be subject to tough regulations and limits, especially for sensitive technologies such as facial recognition, a research report indicated recently. The AI Now Institute, a New York University centre studying the social implications of artificial intelligence, said that as these technologies become widely deployed, the negative impacts are starting to emerge.

AIEmerging TechnologyIoT
How Artificial Intelligence Gave Impetus To New Social Media Innovation In 2019edit

Analytics India Mag

By Vishal Chawla

Increased investment in Artificial Intelligence (AI) technology, along with accelerating social media penetration, is a key driver of global AI in the social media market. According to a report, the total expenditure on AI systems is expected to reach $5.5 billion this year, which is an increase of 80 per cent from last year. Gartner also reports that social media will be a big driver of this growth.

AIDigital Media
How Are Leading AI Solution Providers Helping The Oil & Gas Industryedit

Analytics India Mag

By Sejuti Das

Like every other industry, with the advent of newer technology — artificial intelligence (AI), the energy industry is also going through a revolutionary change. With depleting global crude oil reserves, last year, the price of oil has also reduced to 40% raising troubles for oil and gas companies.

AIEnergy
2010-2019: When Data Security Became a Priorityedit

CXO Today

The increased use of new technologies by businesses such as cloud, AI, and IoT have led to invaluable technological gains, but, also exposed businesses to an unprecedented volume of cyber threats. As Raj Samani, Chief Scientist and McAfee Fellow, Advanced Threat Research said, “Cyber are always looking for ways to stay one step ahead of cybersecurity practices and creating great havoc to our ever-more-connected world.”

CyberSecuritydata security
2010-2019: When Artificial Intelligence Trumped Humansedit

CXO Today

It’s hard to read about a new advancement in technology these days without the mentioning of artificial intelligence (AI). That’s because AI, without a doubt, has been one of the defining technologies of the decade. Moving forward, it’s impossible to predict where AI will take humanity, as researchers continue to bring to reality many futuristic concepts that once only existed in our imaginations or sci-fi movies.

AIEmerging Technology

Industry News: Future of Mobility

Questions for 2020: Electric affordable cars?edit

The Economic Times

Earlier this month, Tata Motors launched Nexon EV, a compact SUV. The company is betting on buyers willing to pay about 20-30% (Rs 15-17 lakh) more than a conventional diesel-fueled alternative. The pricing was arrived at as a customer will get FAME (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles) scheme benefit of Rs 3 lakh based on the battery power that will take the vehicle to a 200-km distance on a single charge.

e-carsEVFuture of Mobility
EV battery recycling presents a big opportunityedit

The Morning Standard

Manufacturing of lithium-ion batteries is gaining momentum in the country, however recycling remains an untapped area which could offer a bigger opportunity in the coming years if the government comes with a policy framework, says Akshay Kashyap, founder and managing director, GreenFuel Energy Solutions that manufactures battery packs for two-wheelers.

EV BatteryFuture of Mobilitygreen mobility
Electric Future?edit

The Times of India

Last week, Delhi government announced its Electric Vehicle Policy 2019 which offers to waive road taxes and registration charges until 2024 and hefty subsidies on charging equipment. While the jury is out on EVs being cleaner than IC engines – forests are cut and coal burnt to produce electricity – Delhi offers a counter-intuitive view in favour of EVs.

Electric RevolutionEVFuture of Mobility
EESL, HPCL Sign Pact To Set Up EV Charging Infrastructure In Indiaedit

Bloomberg Quint

Energy Efficiency Services Ltd. has signed a memorandum of understanding with Hindustan Petroleum Corporation Ltd. for setting up charging infrastructure to boost electric mobility. EESL is a joint venture of four public sector enterprises under the Ministry of Power.

EESLEV Charging Infrastructure

Industry News: Future of Work

Transformation of skillsets A look back!edit

People Matters

These technologies played a vital role in shaping the industry. Also, the data-driven economy seeks candidates who possess analytical thinking and problem-solving skills which can help make logical decisions. Millennials are in the process of upskilling themselves with these technologies so that they can make themselves relevant for the market to the ever-changing technological trends.

Future of WorkSkillingUpskilling

Industry News: Education

Ringing in 2020: Upcoming reforms in Indian education sectoredit

Business Today

By E Kumar Sharma

The Indian education sector has a lot of hope, with elements of concern too, on the changes it will see in 2020. Academicians and industry leaders expect reform measures to be announced in early 2020 which will help strengthen the education system. The initiatives could range from skill development and innovative financing to encouraging research output.

Education SystemFuture of Education
Is India’s education spending efficient?edit

Live Mint

By Nikita Kwatra 

Miningou uses data from 130 countries, between 2000 and 2015, to gauge the efficiency of public education spending. Efficiency is measured by comparing public expenditure per child against improvements in access to education and learning in these countries. Access to education is measured in terms of the ‘learning-adjusted years of schooling’ which is the number of years of quality schooling a child can expect to obtain by age 18.

Education PolicyFuture of Education
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