January 22, 2020

News for the IET

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Industry News: Information and Communications

Why Senior Leaders Must Take Lead for Cybersecurity Across Businesses?edit

Analytics Insight

By Vivek Kumar

The significance of cybersecurity is no more a secret to anyone in today’s digital world. But there are a number of structural and organizational issues that obscure the process of deploying business-driven, risk-management-oriented cybersecurity operating models within a company. So, understanding the issue is quite distinct for addressing it and only continuous support from top management can ensure progress while easing the risk of cyberattacks eventually.

Cyber spaceCyberSecurity
Survey shows Indian companies most familiar with concept of cybersecurity in APAC regionedit

The Economic Times

APAC Cyber Resiliency and Risk Report said that 98% of Indian companies surveyed were likely to invest more in security due to regulation. India is most likely to have high impact (58%) of cybersecurity incidents on businesses compared with 42% in Singapore and 16% in Australia. India also topped the list in belief in cyber resilience.

Cyber spaceCyberSecurity
NO Fingerprick: AI can detect lowglucose levels via ECG beatsedit

Medical Dialogues

By Hina Zahid

Our innovation consisted in using artificial intelligence for automatic detecting hypoglycemia via few ECG beats. This is relevant because ECG can be detected in any circumstance, including sleeping, said Dr Leandro Pecchia

AIHealthcare
India making progress in cybersecurity, threats fall in 2019: Kasperskyedit

Business Standard

“India has shown a positive progress in their fight against cybercriminals. The country reportedly saw a fall in the number of threats in 2019 as compared to 2018,” it said in a statement here on Tuesday.

Cyber crimeCyberSecurity
How the Internet of Things will transform consumerism, enterprises, and governments over the next five yearsedit

Business Insider

By Shelagh Dolan

The Internet of Things is fueling the data based 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.

Digital EconomyEmerging TechnologyIoT
Enterprise Security: Why securing AI systems makes senseedit

The Financial Express

By Sajan C Kumar

ManageEngine, the IT management division of Chennai based Zoho Corp, says that enterprises in 2020 will realise the importance of securing their Artificial Intelligence (AI) system while seeing value in investing in explainable AI technologies. The findings emerged in a report by ManageEngine which has collated six trends in the IT management industry.

AICyberSecurityIT Sector
Banking 4.0 How humans will continue to remain indispensableedit

CNBC TV18

Indias banking and financial sector is no stranger to Artificial Intelligence (AI). Bots and automation have been an integral part of the banking process for several years now. And yet, the radical change thats set to transform the way the world banks is far grander than simple AI driven processes.

AIAutomationBFSI
AI more feared than atom bomb now, but technology is for good: Huawei CEOedit

Business Standard

iStockTech giant Huaweis founder and CEO Ren Zhengfei on Tuesday said atom bombs were the biggest fear once, but now there is fear over artificial intelligence, but people must realise that the development of technology is for good.

AIEmerging Technology

Industry News: Future of Mobility

India’s electric vehicle ambitions could stumble on lack of Lithiumedit

Live Mint

By Swansy Afonso

India’s ambition of becoming a global hub for making electric vehicles faces one major hurdle: its lack of access to lithium. Home to some of the most polluted cities on the planet, the South Asian nation is pivoting toward new energy vehicles to clean up its toxic air. But with meager resources of lithium, the mineral essential to make batteries for electric vehicles, it is having to scour for resources overseas.

e-mobilityFuture of MobilityLithium Batteries
Govt to Invite Bids for Reallocation of Subsidy for 2,000 E-buses in Febedit

The Economic Times

By Sarita Singh

The Centre will invite proposals from state transport departments for reallocation of central subsidy for 2,000 electric buses under its Fame II scheme to promote electric mobility, but will not allow participation of cities that defaulted in the first round, people aware of the development said.

e-busesFAME II PolicyFuture of Mobility
Financing May Not Come Easy for Purchase of High-Priced EVsedit

The Economic Times

By Lijee Philip

Gupta added that banks have to play a vital role in opening up financing, which will see volumes expand in the electric vehicle segment. Shailesh Chandra, head of electrical mobility of Tata Motors, said the situation is easing out as more and more products with a value proposition are being launched. “I think the challenge for banks is the new technology and low resale value,” said Chandra.

e-mobilityEVFuture of Mobility
Consumers prefer 10 lakh price tag for electric vehicles, 300km driving rangeedit

Live Mint

By Amit Panday

A driving range of 300km on a single charge, and a price tag of 10 lakh, among other factors, could tempt Indians to go for electric vehicles, a consumer survey said. At this sweet spot of price and range, six out of 10 respondents were willing to switch to EVs if manufacturers were ready to buy back the vehicles at about 40% of the purchase price after four years of usage, the survey by advisory firm Deloitte said.

EVFuture of Mobility
Cleaner, Faster, Safer: The Future of Cars Looks Goodedit

Hindustan Times

A battery-swapping system would not only potentially save time for drivers — one of the biggest issues consumers have with EVs — it could also lower the upfront prices of buying electric vehicles. That’s because consumers would be able to purchase the car and the batteries separately, or possibly just lease the batteries.

e-carse-mobilityFuture of Mobility
Bengaluru: BMTC to procure only electric vehicles from 2022edit

The Times of India

By Christin Mathew Philip

BMTC is procuring 300 EVs under FAME II this year and 500 more for the next financial year. 90 EV feeder buses tender is out under the smart city fund. We are setting up four charging stations at our bus depots.

e-busesEV PolicyFAME II Policy

Industry News: Future of Work

Most executives are out of touch to lead in digital economy, shows studyedit

The Economic Times

By Rica Bhattacharya

A generation of leaders in large companies are out of sync, out of tune, and out of touch with their workforces, markets, and competitive landscapes, said Benjamin Pring, report coauthor and director of the Center for the Future of Work for Cognizant, in a press statement on the Cognizant website.

Future of Workfuture workplaceUpskilling
The boss machine is here AI is all set to eliminate middle management in 8 yearsedit

Business Insider

By Prerna Sindwani

The massive pace at which companies are adopting automation and artificial intelligence may lead to elimination of middle management roles over the next decade. Smart machines will soon become coworkers changing the modus operandi of how employees work.

AIAutomationFuture of Work
Employees Spend over 3 Hours a Day on Easily Automatable Tasks: Studyedit

Indian Web2

Office workers are ready to welcome automation of repetitive digital tasks, as on an average employees spend more than three hours a day on mundane computer tasks which are not part of their primary job and are ripe for human error, a survey said on Tuesday.

AutomationFuture of Work

Industry News: Education

Budget 2020: Heres what academicians want for the education sectoredit

India Today

Education is, understandably, one of the most important investments a country can make in its people and its future. Our education system needs to be self-reliant and globally competitive. This will only be possible when the emerging technology trends are imbibed into the education pattern of the country.

Budget 2020Education Policy
Allocation for education sector may hit 1 tnmarkedit

Live Mint

By Prashant K Nanda

In her budget proposals on 1 February, Union finance minister Nirmala Sitharaman may announce more funds for a higher education research fund and for completing the work of centrally funded higher educational institutions, which have been established in last 10 years, including new Indian Institutes of Technology (IITs) and central universities, two government officials said requesting anonymity.

Budget 2020Education PolicyFuture of Education
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