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10th December- Industry Monitoring (DiGiSpice)

  • Writer: Priyanka Kanodia
    Priyanka Kanodia
  • Dec 28, 2018
  • 9 min read

DiGiSPICE

Competitors

MukeshAmbani Bags the 'Digital Icon of the Year' Award at the Drivers of Digital Awards 2018

Publication-Business Standard

Edition- Online

Date- 10 December, 2018

Other major winners at Inkspell Media's flagship event included iProspect (Digital Agency and Enterprise of the Year), Times Internet (Digital Publisher of the Year), Prasad Shejale - Logicserve Digital (Digital Person of the Year), and AdhilShetty - Bankbazaar.com (Digital Entrepreneur of the Year).The third edition of the Drivers of Digital Awards witnessed the rise of some new-age startups and enterprises in the digital space. However, some of the winners didn't surprise us at all; one such industry stalwart is MukeshAmbani, Chairman and MD of Reliance Industries Limited, who has been widely acknowledged as the man who revolutionized the digital landscape in the country. The title of 'Digital Icon of the Year - 2018' conferred on him is one of the many accolades this business magnate has earned due to his landmark initiatives such as Jio.

Other professionals, agencies and enterprises that were recognized at the ceremony for their exemplary work across different categories include Adlift, Affle, AGS Transact Technologies, Armworldwide, Avenues Payments, Axis Bank, Bank bazaar, BBH India, Better India, CAMS Online, Cisco, Social Panga, Dentsu Webchutney, DHFL, Ethinos, Exide Life, Fabindia, Federal Bank, Franklin Templeton Asset Management, Frog Ideas, Fullerton India, Gozoop, IIFL, India First Life, IndiaMart, Infibeam Avenues Limited, Interactive bees, IRCTC, Jagran New Media, Left Right Mind, Magic FM, MagnonEg-Plus, Magnon TBWA, Mahindra, Mahindra Comviva, mCanvas, Narayanahealth, Netcore, Network 18, Nextgentele, Ogilvy & Mather, Paymate, Plan B, Policy Bazaar, Publisis, Radiocity, Red Dot Entertainment, Reliance Industries Limited, Reliance Money, Run Time Solutions, Ruosh (Sara Group), SBI Funds Management, Schbang, Shemaroo, Skechers, Social Kinnect, Sportz Interactive, Techmagnate, Timeus Interactive, Tradebulls, Triotech, Viacom18, VYRL Communications and Zee Essel Group.

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Accenture to offer AI tips

Publication- The TelegraphIndia

Edition- Online

Date- 10 December, 2018

Technology services company Accenture has come out with an IT development framework to help firms in their digital transformation amid the growing relevance of artificial intelligence.

The new framework, called Future Systems, incidentally comes within a short span of the company coming up with an application services framework and investing in talent transformation, acquisition and asset development.

“We are standing at an inflection point where the next wave of digital transformation will be driven by artificial intelligence. As a technology it may not be new, but today it is matured enough to have a commercial relevance. So we have come up with a new vision and we are calling it as Future Systems,” BhaskarGhosh, group chief executive of Accenture Technology Services, said on the sidelines of Infocom 2018, an ABP initiative.

The new system has three broad pillars — boundary less, adaptive and radically human. Ghosh said the current tech systems in any enterprise have different stacks — infrastructure, software, network, cloud etc. “These are increasingly getting boundary less. So a holistic approach to application development has to be taken,” he said.

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Industry News

Blockchain Women Connect launched

Publication-The Times of India

Edition- Online

Date- 08 December, 2018

Even as blockchain is the new buzzword in the tech world, women comprise only 5% of the global blockchain talent. Kerala Blockchain Academy (KBA) has taken a vital step by launching Blockchain Women Connect, which will act as a platform to network women blockchain professionals. The decision to form Blockchain Women Connect was taken at the ‘BlockHash Live 2018’ summit which concluded at Kovalam on Saturday.

During a panel session, the participants unanimously agreed to the fact that women should shed the gender tag in their profession and do what excites them. The panelists also highlighted the general reluctance of women to enter the tech world.

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Kochi Smart City Innovation Lab to be launched

Publication-The New Indian Express

Edition- Online

Date- 09 December, 2018

The Smart City Innovation Lab, which is formed with the technical support of German-based Fraunhofer Society will be officially launched on Monday. The lab is formed to help implement the projects under the Centre’s 100 Smart City Mission.

Through the Innovation Lab, Fraunhofer has committed to support the city in preparing the technical and financial feasibility reports for selected sectors, identify the funding partners for projects to execute pilot projects and capacity building of staffs to replicate the innovative models in other parts of the cities or in other cities.

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Blockchain will change the way govts are run

Publication- The Hans India

Edition- Online

Date- 09 December, 2018

With a majority of the state governments planning to invest Rs 200-300 crore on blockchain technology in the next 3-5 years, it is high time, experts feel, that the Government of India must develop a tailor-made Indianized government blockchain platform which all government agencies could best utilize.

In the last one year or so, State governments’ have developed successful used cases for Citizen Identification (Digital Ids), Student Life Cycle Management (KG to PG marks sheet/certificates access), Vehicle Life Cycle Management (from dealer to customer including vehicle registration), Land Registration, Electronic Medical Records / DNA record of each citizen and others.

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Can Blockchain Ever BeAs Disruptive As The Internet Is To The World?

Publication-India Times

Edition- Online

Date- 09 December, 2018

There is a lot of chatter on blockchain, both online and offline and the one question that seems to have aroused in these conversations is whether blockchain will change the world as the Internet did in the '90s, and the automobile in the '20s!Many might argue that it has — it has given rise to so many projects with so much potential. Its applications are wide and organizations are now getting privy of that. Blockchain technology has begun to empower industries with its countless benefits and is radically transforming them.

The blockchain revolution came to light in three phrases. Firstly, Bitcoins showed the world what digital currency is. Secondly, Ethereum showed us how to build decentralized assets, essentially the thousands of altcoins we know. The third phase is what so many blockchain companies are trying to do now by bringing the performance of blockchain to a whole new level - transaction speed, throughput, sharding etc. It is changing the course of traditional industries  including the Internet and others.

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How blockchain is bringing staffing innovation

Publication-Inventiva

Edition- Online

Date- 09 December, 2018

Blockchain technology is rapidly spreading into every available corner in the market, leading many business owners and managers to encounter it for the first time recently. While many have heard about the exciting cryptocurrencies that are sucking up media attention, like Bitcoin, few have heard as much about the blockchain tech that’s powering those cryptocurrencies and other dizzying digital trends forward. That’s a shame, because blockchain has tremendous potential to reshape how contemporary businesses work, starting with bringing staffing innovation to the market.

Here’s how Blockchain will change the way approach recruiting in the future.

The rise of the gig economy

Much has been made of the so-called rise of the gig economy, which is defined by an explosion of freelance workers and short-term contracts. One of the only reasons that the recent gig economy trend has taken hold is blockchain technologies which have shaken up traditional recruiting methods. One of the leading reasons companies and HR departments are turning towards blockchain-based solutions is because of the encrypted nature of these digital ledgers, which helps ensure sensitive company data and the personal information of employees or job applicants doesn’t leak quite so easily.

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COMPANIES ARE YET FAR ENOUGH TO ADOPT DATA ANALYTICS

Publication-AnalyticsInsight

Edition- Online

Date- 09 December, 2018

As indicated by the study, there are profound gaps between what companies need to execute and what they have really achieved with modern data sharing and advanced analytics. Generally, just a little level of companies overviewed are really data-driven. The companies that utilize conventional strategies bear staggering expenses, protracted deferrals and avoidable dangers just to share static duplicates of stale information. This is breaking points how and with whom they can share information, 29 percent share data inside useful gatherings or business units, 21 percent share through business units inside a company, 15 percent share data remotely with key sellers/providers, 14 percent share remotely with partners outside their industry.

Enterprises are showing signs of improvement on adoption of data systems and they see the potential outcomes, yet the data analytics they search are regularly distant in light of the fact that data is dwelling in departmental databases or mounting up in information lakes. They are hustling to get to the second stage, becoming more reasonable and applying that data to business decision making. However, most data science communities don’t have the data framework they require to surface that dim data and make data analytics accessible on demand.

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Industrial IoT Trends 2019: Progress in 5G holds the keys for IIoT

Publication-Tech Observer

Edition- Online

Date- 09 December, 2018

Industrial IoT Trends 2019: 2018 has been all about lot of talk of 5G: when would networks be deployed, which operators were testing what, and which region would lead the 5G race? As the costs and complexities of rolling out the next generation standard have crystallised, however, the industry’s attitude has sobered. As such, 2019 will be a year for LTE, says Ingo Flomer, VP Business Development and Technology, Cobham Wireless.

We’ll see the impressive early results of LTE public safety networks, TfL progress with upgrading connectivity on the Tube, and building owners taking matters into their own hands. 5G is exciting, but an expensive and long-term strategy, so next year will also be characterised by cost-saving moves, as the value of long-term, future-proof solutions becomes clear.

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Nine dos and don’ts of big data

Publication-Qrius

Edition- Online

Date- 09 December, 2018

As AI becomes mainstream, big data is being applied to every aspect of business – but how do organisations extract value from it? How do you use it for key executive management decisions in the real world – and what are the pitfalls to avoid?

Don’t leave it to the data analysts

The days when ‘technology’could be left to the chief information officer are long gone. You can’t simply give the analytics team the information and ask them to tell you what the business should do next. Maybe, in the next iteration of AI, the analytics will be able to tell you what to sell, who to hire, how to build the website, how to market to your customers and even how to micro-manage the business – but they still won’t be able to tell you what business to be in and why.

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MasterCard wants to make electronic payments anonymous… with blockchain

Publication-Qrius

Edition- Online

Date- 09 December, 2018

Just as the US Department of Homeland Security announced plans to develop forensic techniques to deanonymizecryptocurrency transactions, MasterCard has thrown a spanner in the works with plans for the exact opposite. According to a recent patent application, the payment infrastructure provider wants to anonymize “electronic transactions via blockchain.”

The patent explains how the system would obscure the origin and amount of funds involved in a given transaction. MasterCard‘s idea sounds an awful lot like a mixer or tumbler – a system often used by cybercriminals to launder dirty cryptocurrency.

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Sigfox’s Inaugural Hacking House unveils new IoT Solution Designs

Publication-BW CIO World

Edition- Online

Date- 10 December, 2018

Sigfox, the global Low Power Wide Area Network (LPWAN) connectivity provider, recently hosted a final pitch event in the San Francisco Bay Area in which participants of Sigfox’s inaugural Hacking House program, hosted at 42 Silicon Valley, presented three IoT solutions to real-world problems to mentors and technologists.

Sigfox’s first-ever Hacking House program drew 12 participants – including students, developers and freelancers from around the globe – who underwent intensive IoT and Sigfox technology training over the course of three months.

Applying their IoT knowledge and working in collaboration with Sigfox project managers, device makers and startup executives, participants operated in project teams to create three IoT solutions to some of today’s most pressing technological, environmental and business problems using Low Power Wide Area connectivity.

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India Has The Potential To Be A Leader In The Blockchain Revolution, Says Canadian Expert Bob Tapscott

Publication-KryptoMoney

Edition- Online

Date- 10 December, 2018

Blockchain expert Bob Tapscott believes that India has the potential to become a Blockchain pioneer. He stated this at the “BlockHash Live 2018” summit organised by the Kerala Blockchain Academy (KBA) in Thiruvananthapuram, India.The three-day event was aimed at presenting the global businesses in Blockchain an opportunity to expand their operation in Kerala as well as across the country. While addressing the attendees on Saturday, Tapscott said:

“When I was working in Silicon Valley, it was staggering to see the percentage of products created by people in India that has perfect ecosystem getting ready with talent and skill. Considering the talent in the country, I can clearly say India has the capability to lead Blockchain revolution.”

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IoT, AR to drive growth in the Indian market: TeamViewer’s Oliver Steil

Publication-Tech Circle

Edition- Online

Date- 10 December, 2018

TeamViewer, the German online remote support and collaboration solutions provider, is setting up a local presence in Mumbai. The operations here are aimed at extending support its customers and expanding its business in the country. The company uses cloudbased technologies to enable enterprises to remotely control devices and operating systems. Founded in 2005, the company employs more than 700 people in offices across Germany, the United States, Armenia, Australia, Japan, India and China.

In an interview with TechCircle, TeamViewer CEO Oliver Steil, who took charge in January this year, spoke about how the setting up of a local office was part of the company's new strategy under his leadership and the company’s focus on more use-cases in the areas of Internet of things (IoT) and augmented reality (AR) to expand business in the subcontinent. Edited excerpts: Why have you decided to set up an office in India now?

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