January 29, 2020

News for the IET

Budget Expectations for the Education and IoT sectorsedit

APN News

Dr. Rishi Bhatnagar, Chairman, IET IOT panel and President, Aeris Communications “We saw the 2019 budget give prominence to AI and IoT under the reskilling initiative, investing Rs 436 crore towards the PRIME (Programme for Reskilling/ Upskilling of IT Manpower for Employability) programme. This year, however, there is a pressing need for the government to take a closer look at developing emerging and frontier technologies.

Budget 2020Dr. Rishi Bhatnagar: Chairman of IET India IoT panelMr Shekhar Sanyal: Director and Country Head of the IET

News for other PEI

No specific news for PEIedit

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Industry News: Information and Communications

Top 7 FAQs About Machine Learning In Indiaedit

Analytics India Mag

By Sameer Balaganur

Machine learning algorithms are self-modifying and continue to improve. These machine learning algorithms in future will take up a majority of the automation sector jobs. These algorithms help in tackling the complex real world problem with minimal human interventions, and there are some algorithms that every machine learning engineer should know. Below are some of the most famous and top algorithms an ML engineer should know:

Emerging TechnologyML
Quantifying the impact of IoT in business in 2020edit

The Economic Times

Internet of Things (IoT) has evolved over the decade from yet another concept on paper to fully blown prime technology enterprise applications that render tremendous business value.

IoTIoT DeploymentModern Enterprise
Breach and Attack Simulation or Pen Testing: Which Solution Does Your Business Neededit

Tech Tree

As technologies advance, cyberattacks evolve, and cybercriminals find more sophisticated ways to skirt defenses. Two of the top solutions organizations use to prepare for these more aggressive attacks are penetration testing and breach and attack simulation

cyber attacksCyber crimeCyberSecurity
AI: The radiologists friend or foeedit

Express Healthcare

Addressing the question of whether AI in radiology is a competition or synergy, she pointed out that AI will assist the radiologists. It will optimise workflows, permit more time for value added work, enhance decision making and help in the participation of interdisciplinary teams and interventions.

AIHealthcare
AI, blockchain to help address agri issues: Modiedit

The Financial Express

As A Result of several steps taken to double the income of farmers over the past few years, India has emerged as one of the top three nations in production of certain food grains and food products, said Prime Minister Narendra Modi during his video conferencing address at Global Potato Conclave 2020 held at Gandhinagar.

AgricultureAIBlockchain
AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks here are the strategies the winners are usingedit

Business Insider

By Elen Digalaki

The aggregate potential cost savings for banks from AI applications is estimated at $447 billion by 2023, with the front and middle office accounting for $416 billion of that total, per Autonomous Next research seen by Business Insider Intelligence.

AIBFSI
5 Technology Priorities in the AsaService Eraedit

CXO Today

By Sohini Bagchi

With deep technologies like artificial intelligence (AI), machine learning (ML), and internet of things (IoT) permeating more business operations, few enterprises can hope to stay afloat with legacy systems. Data fuels the world in 2019 and the use of AI and ML to enhance customer experience is gradually evolving into standard practice.

AIIoTML

Industry News: Future of Mobility

Lower GST, scrappage policy top the industry’s wish listedit

The Hindu Business Line

“At the Society of Indian Automobile Manufacturers (SIAM), we have urged the Finance Ministry to consider announcing an incentive-based scrappage policy and also Budget allocation for internal combustion engine (ICE) bus procurement by State transport undertakings.

EV PolicyFuture of MobilityGST
Budget 2020 must solve these 4 issues for small businesses, startups in EV space to curb pollutionedit

The Financial Express

By Sandeep Soni

Union Budget 2020 India: With the Union Budget around the corner, it will be interesting to look at how the government can assist the growth of shared mobility and electric vehicles (EVs) in India. So far, initiatives such as the National Electric Mobility Mission Plan (NEMMP)2020 and Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) I and II are already in place for domestic emobility industry.

Budget 2020EVFuture of Mobility

Industry News: Future of Work

HR trends that will rule 2020edit

People Matters

The use of AI will surely govern the enterprises in 2020. The robotics technology is gradually and expeditiously establishing itself. It is a great help in recruiting procedure. However, robots cannot replace the human tenacity entirely but it is sure to add on to the abilities. Recruiters can be reliant on them.

Future of WorkHRrecruitmentRobotics
Enabling business outcomes at the speed of innovationedit

The Economic Times

Rajiv Arora, Regional CIO APAC, Middle East & South Africa and Group Cyber Security Officer (India), Siemens, said, Workforce automation is a challenge faced by firms during digital transformation. In our case, infrastructure was not a challenge; it was the change in employee mindset. People are used to the older ways of thinking and adopting new technologies such as AI or AR/VR is not easy.

AutomationFuture of Work
AI in 2020: What to expect from data and AI this year and beyondedit

People Matters

By Anushree Sharma

Artificial Intelligence (AI) has undoubtedly been the technology story of the 2010s, and it doesnt look like the excitement is going to wear off as a new decade dawns.HR technology will continue to be white hot in 2020, as per by a famous HR tech influencer. It is true because companies operating in a talent dominated environment are continuously seeking to invest in tools to help them better recruit, develop and support their workforces.

AIFuture of Work

Industry News: Education

Budget 2020: Time to strengthen future of Indian educationedit

The Week

Upskilling and reskilling have become a fad lately. One of the biggest challenges India currently faces is to provide livelihoods to the educated youth and decent wages for the working classes in the organised and unorganised sectors. Automation has revolutionised industry and it has become imperative to attain the right skills in order to stay relevant in the competitive market.

Budget 2020Future of Education
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