News for the IET
Budget Expectations from the Auto Sectoredit
Atul Arya, Chair – Urban Mobility Panel, IET FoMT Focus Shared Mobility Focus : Fleet operators operating Only Electric Fleets should be incentivized with lower rates of capital to ramp up the investment, Should be charged no GST for first year as they are adding new modes of transport and compete with unorganized sector which anyways doesn’t pay GST.
Budget 2020IET FoMTNews for other PEI
No specific news for PEIedit
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Industry News: Information and Communications
Top 10 Technologies and Innovations for 2020edit
IoT and its practical implementation IoT has managed to intrigue for the longest time but the practical deployment was nowhere near. This year 2020, IoT will see mainstream applications anticipated with 5G. Along with it the process will take a number of connected devices. Thus, IoT has chances of becoming mainstream.
5GEmerging TechnologyIoTThe Truth About AI Improving Your Business For The Futureedit
There’s a lot of talk about how AI will take over many jobs. It’s one big reason why people are hesitant to implement it in their lives. For entrepreneurs, AI can look like a huge risk. It feels like a massive overhaul needs to be done in order for it to run efficiently. You’ll need someone specializing in AI to incorporate this technology into your business. You’ll also have to restructure your whole organization so it works well with AI processes.
AIbusiness automationROI in cybersecurityedit
Specifying cybersecurity investment is no easy task. CISOs face an escalating threat environment, an increasingly saturated security provider market, and budgets that never stretch far enough. When it comes to pitching for additional budget, the situation is made more difficult due to the inherent challenges in proving ROI of cybersecurity spend. It is rather like selling insurance: CISOs must try to put a value on what hasn’t happened the breaches and disruptions that their strategy will prevent.
Cyber spaceCyberSecurityREWIND 2019: How technologies equipped NBFCs for futureedit
Newage technologies such as big data analytics, artificial intelligence and mobility solutions can help in strengthening governance and risk management controls A standardized system driven by Artificial Intelligence with an independent and targeted governance framework (adhering to RBI regulations and supported by specialist firms) can make an ocean of difference in the financial health of an NBFC.
AIBFSINBFCHow technology is closing the gap in senior healthcareedit
IoT devices and smart tracking: Senior citizens have a higher risk of falls, rapid heart rate, breathlessness, low BP etc. Smart devices that can track regular health vitals, detect abnormal patterns and alert care providers is another major opportunity in this space.
AIHealthcareIoTHow Cybersecurity Will Look Like in 2020?edit
The ubiquitous connectivity and digitization are increasing rapidly in current internet-connected world, bringing innovation into every area of today’s lives. However, these trends also lead to a new attack vector and will create a new surface for cyber threats. There is no doubt that as technology will advance, it will add the rapid pace of market change and the storm of cybersecurity concerns.
Cyber spaceCyberSecurityFrom AI to 5G connectivity to big data; Can technology help tackle climate emergencyedit
Strategy to a sustainable, ecosystem demands an innovative and fresh thinking approach. Technologies like artificial intelligence (AI), machine learning and the internet of things, when combined, can be a formidable force in addressing the current climate emergency.
5GAIClimate ChangeIoTMLEmerging Technologies Disrupting the Financial Sectoredit
The rise of digital commerce, innovation in payments technology using artificial intelligence (AI), Blockchain, Internet of Things (IoT) and realtime payments; and the introduction of mobile Point of Sale (POS) devices and QR has led to a reduction in the cost of acceptance infrastructure and also contributed to its growth.
AIBFSIEmerging TechnologyIoTDriving Personalization in Banking through AIedit
In the era of digital, when human interaction is on the fading path, banks must start using artificial intelligence (AI) to leverage big data to offer personalized services to customers based on their online buying behaviors and patterns.
AIBFSIBudget 2020: Priority should be on facilitating ease of doing businessedit
With technology disruption being a catalyst for the growth of startups today, expectation is for the Government to make significant investment in technology hubs that will help strengthen emerging technologies such as artificial intelligence, machine learning and internet of things, etc.
Budget 2020Disruptive TechnologyIoTMLBudget 2020: From tech to food to industry, all want reduction in taxedit
JK Technosoft Ltd Chief Financial Officer Sumanta Panigarhi said, The Information Technology (IT) industry is currently going through a transition phase, as numerous new technologies in the form of Artificial Intelligence (AI), Cognitive Computing, Data Science, Machine Learning (ML), Big Data, Data Analytics, Robotics (RPA), Internet of Things (IoT) and Blockchain are changing the rules of the game for the incumbent IT players.
AIBlockchainBudget 2020IoTMLAutomation Of Kill Cycle: AI Is Making Offensive Weapons Deadlier, Speedier, Smarteredit
Humans in their design would enter the picture only at the last stage of target engagement, while rest of the kill chain detection of objects, their identification, decision to initiate lethal engagement and assignment of targets to weapons platforms would be fully automated. This development would be in sync with the need for quicker response time to effectively respond to future threats
AutomationIoT in defenceIndustry News: Future of Mobility
Connected cars poised to become common phenomenon in India: Deloitte Reportedit
As per the 2020 Global Automotive Consumer Study by Deloitte, an annual report which comes up with insights on the automotive industry globally, the Indian market is expected to witness enhanced interest and demand for battery electric vehicles (BEVs) and connected vehicles going forward.
Connected CarsFuture of MobilityLithium extraction should be sustainableedit
The solution seems simple move the electricity grid to renewables, and replace private gas guzzlers with electric vehicles (EVs). The key to both of these Batteries. This is where things get complicated.
Future of MobilityLithium BatteriesUnion Budget 2020: Incentivisation tops automobile sectors wishlist after turbulent yearedit
Both the sellers and the buyers in the automobile market are looking from incentives from the government as far as Electric Vehicles are concerned. There is a need for the government to incentivise the buying and selling of such cars if they see EV as the longterm future of the Indian automobile market.
EV PolicyFuture of MobilityDriving into the future of car safety: Bringing maximum safety at an affordable cost!edit
Electric cars and safety Last year, the Ministry of Road Transport and Highways emphasised that, by 2022, most of our vehicle safety will be on a par with global standards, and some safety features may even surpass the standards of the US, one of the most (if not the most) advanced auto markets in the world.
Future of MobilitysafetyBudget 2020 Expectations: EV manufacturers ask for abolishing customs duty on li-ion cellsedit
Budget 2020-21: About 4045 percent of the cost of an electric vehicle is attributed to the battery pack and hence the industry expects that the customs duty of 5 percent on lithium-ion cells to be abolished.
Budget 2020e-mobilityLithium ion batteryAuto sector for incentive based scrappage schemeedit
Allocate budget for procurement of buses by STUs, over the budget allocation for procurement of electric buses under the FAME II scheme, SIAM said in its recommendations. Increase depreciation rate for passenger vehicles and twowheelers to 25 per cent permanently.
Automotive SectorFAME II PolicyFuture of MobilityIndustry News: Future of Work
Technology disruption, workplace experience is the future of facility managementedit
In the legacy model FM operations had considerable budget restraints, which limited innovation and efficiency. However, buildings can now leverage existing automation systems to churn contextual insights from untapped data, making more of the assets that are already available. IoT technology makes existing systems smarter, rather than replacing them with a new generation of expensive inputs.
Future of Workfuture workplaceIndian tech industry facing biggestever HR challenge, needs to recruit, skill 2 million professionals: Reportedit
Newage digital professionals proficient in artificial intelligence (AI) and internet of things (IoT) are being called upon to enter the talent workforce with a new set of skills, he added. As per the report, addressing the challenges of reskilling the aspiring and existing technology workforce will require change and initiatives from all stakeholders.
Future of WorkHiringJobsAt 98%, Indians most open to workplace automationedit
In a survey of around 10,000 professionals worldwide (10% Indian workers) by robotics process automation firm Automation Anywhere, Indian participants emerged as the most excited about experimenting with automation to reduce workload with 98% of them saying so.
AutomationFuture of WorkIndustry News: Education
70% of higher edu institutions in state are not accredited: NAAC directoredit
Sharma, who was in the city on Monday to participate in the inauguration of Bharat Ratna Prof CNR Rao Research Centre at Avinashilingam Institute for Home Science and Higher Education for Women, told reporters that higher education institutions including engineering colleges, arts and science colleges in Tamil Nadu were lagging behind in getting the NAAC accreditation.
Higher Education