18th December -Industry Monitoring (DiGiSpice)
- Priyanka Kanodia
- Dec 28, 2018
- 6 min read
DiGiSPICE
Industry News
Kolkata to host two day long international Blockchain Congress
Publication-The Times of India
Edition- Online
Date- 18 December, 2018
Kolkata will be hosting a two long Global Blockchain Congress 2018 where experts from across the world will share views on how governments can use blockchain to provide better services to their citizens and and how it can help make cities smarter. Recommended By Colombia The first of its kind event is being hosted by department of Information Technology and Electronics of the government of West Bengal.
The programme will take place on Tuesday and Wednesday at the Biswa Bangla Convention Centre. "International experts in blockchain from other countries and officials of our government will deliberate on how can this technology be used to provide better services and leverage it in other aspects of governance," said an official of West Bengal Electronics Industry Development Corporation Limited (WEBEL).
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ZAGG Protocol to foster usage of blockchain tech
Publication-The Hans India
Edition- Online
Date- 18 December, 2018
ZAGG Protocol, a privacy-preserving open source blockchain platform is all set to introduce technologies to revolutionize enterprise commerce market. It empowers the enterprises to execute transactions on public blockchain with required privacy & confidentiality. This protocol will help both enterprises and the developers to leverage the common public ledger, privacy frameworks to innovate & develop new applications that drive customer value and brand revenues.
Speaking on the new innovation, Ram Gollamudi, CEO, ZAGG Protocol said, “ZAGG Protocol is designed to leverage the blockchain technology to efficiently use for payments & trade digital assets for the enterprises on a public ledger and yet maintain privacy. ZAGG Blockchain which started as an application level project to solve the inconsistencies in the enterprise payment market, soon discovered an unmet need in the market for an Enterprise friendly privacy preserving public blockchain.
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AVEVA—Making Smart Cities Future Ready
Publication-Elets Online
Edition- Online
Date- 18 December, 2018
Keen to target a wide spectrum of markets in India, AVEVA is helping industries which are looking forward to achieving the next level of operational efficiencies to get ready for future, says SayajiShinde, Business Head – Smart Cities and Infrastructure, Asia Pacific, Aveva in conversation with Elets News Network (ENN).
Give an overview of AVEVA’s products and solutions?
Schneider Electric’s industrial software business and AVEVA have merged to create a new global leader in engineering and industrial software. It is the power of two – the coming together of two successful industrial software companies. The combination brings together AVEVA’s design, engineering and construction capabilities for capital assets along with Schneider Electric’s industrial software business that covers the gamut from simulation to asset lifecycle management and supervisory control software that helps our customers to manage their operations, processes, people and site.
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MIDDLE EASTERN COMPANIES CAN BE AT 400$BN RISK FROM DISRUPTION DUE TO LACK OF INNOVATION
Publication-AnalyticsInsight
Edition- Online
Date- 18 December, 2018
According to a new report from Accenture, Middle Eastern organizations could forestall more than US$400 billion of Enterprise Value from being out of the place through disruption, and companies can stay away from this by improving their innovation capacities. “Accenture Innovation Maturity Index 2018 – Middle East,” is an analysis of 200 of the biggest organizations by income across 18 enterprises and a study of 150 C-suite officials from 11 industry sectors over the UAE and Saudi Arabia.
Further, according to the report, 60% of organizations anticipate that industry will be significantly disrupted in the next 3 years. 45% of organizations are effectively affected by the disruption. If we talk sector wise then, travel, auto and healthcare enterprises to be most influenced sooner rather than later. Organizations in the Middle East are being bothered by disrupted change, which is putting more than US$400 billion of big business value in danger from contenders that have figured out how to enhance and change economic opportunities into realities, as indicated by Accenture. The report by Accenture gives an exhaustive digital strategy for Middle Eastern organizations to have the capacity to turn to new development openings without surrendering their core business.
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Blockchain News: Business Models To Be Redesigned With Legal Compliance
Publication-OwltMarket
Edition- Online
Date- 18 December, 2018
Blockchain news about the regulations and compliances is makBlockchain in the international media. This emerging technical platform has been widely accepted by many marketing leading companies and government bodies across the world. Indeed this ledger form has become extremely popular in many domains but there are no defined regulatory compliances for its operation. Financial services giant Barclays supports this idea and has come in full support of a regulated blockchain ecosystem.
Barclay’s rep and entrepreneur, Julian Wilson stated that a blockchain developer must re-imagine the approach of the desired output and the way of thinking to build the blockchain network. He further added that all the existing business models do not require a blockchain integration or upgrade. He suggested that the blockchian industry must be operated with legal compliances and therefore their bank which has been in the global market from so many decades cannot make a shift to a blockchain powered network just like that as mentioned by The Next Web.
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Blockchain Technology Based Decentralized Apps Reform Enterprises
Publication-OwltMarket
Edition- Online
Date- 18 December, 2018
The blockchain technology applications have taken the spotlight of the enterprises which have foreseen the massive benefits of this ledger. The blockchain is one-stop for core issues like fraud, third-party interference, downtime, and censorship. This ledger form is a global infrastructure as of now which has brought in a major reformation in the operational processes of an enterprise. This technology addresses the core problems which have been there despite technological advancements during the last decade.
The blockchain network or platform has the capability to store in a huge amount of data with full-proof security. All the data or values which can be related to any kind of transaction or debt can be stored in this ledger. Everything stored on this network cannot be tampered and hence is pretty reliable.
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Qualcomm 9205 LTE Modem: IoT Devices Get Miniaturized High-Speed Connectivity With Backwards Compatibility
Publication-MySmartPrice
Edition- Online
Date- 18 December, 2018
Qualcomm has offered a powerful modem for the increasing number of Internet of Things or IoT electronics that require high speed cellular connectivity, but have highly restrictive energy and space constraints. The Qualcomm 9205 LTE Modem is a high-efficiency cellular connectivity bridge that consumes very little power, and is half the size of its predecessor.
Qualcomm Technologies announced its next-generation LTE compatible modem that’s purpose-built for the Internet of Things (IoT) applications. The modem assimilates nearly all the key aspects that are required for the IoT products and services. Qualcomm 9205 LTE Modem is a single chipset solution that boasts connectivity to global multimode LTE category M1 (eMTC) and NB2 (NB-IoT) as well as 2G/E-GPRS connectivity.
Additionally, the significantly miniaturized modem offers advanced application processing, geo-location, hardware-based security, and support for cloud services. If that’s not enough, the modem is sufficiently backwards compatible to Qualcomm’s previous IoT solutions, which significantly reduces the development and deployment time-frames.
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GE forms separate venture for its industrial IoT software business
Publication-Wire19
Edition- Online
Date- 18 December, 2018
GE (General Electric) is looking to form a separate and independent company for its industrial internet of things (IIoT) software business.Based in the US, GE provides products and services for several industries including aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, venture capital and finance, lighting, transportation, and oil and gas.The aim of establishing a separate venture is to expand company’s leadership in IIoT market and better serve the industrial customers.
The proposed new company will be completely owned by GE, and will run independently with a new identity. It will have unique equity structure, and own Board of Directors.To start with, GE will invest $1.2 billion in annual software revenue and its existing industrial customer base around the world.“As an early leader in IIoT, GE has built a strong business with its industrial customers thanks to deep domain knowledge and software expertise,” said H. Lawrence Culp, Jr., GE Chairman and CEO.
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The Rise of Industrial IoT Drives the Adoption of Predictive Inspection Models in Non-destructive Testing
Publication-PR Newswire
Edition- Online
Date- 18 December, 2018
Rebounding from a two-year slump, the non-destructive test (NDT) inspection services market is undergoing an overall transformation. The convergence of various technologies such as Big Data, predictive analytics, digital twin, cloud computing, and smart factories is enhancing growth opportunities in the market, giving rise to several new business models. Vendors are making concerted efforts to convert Big Data to smart data and shift the market from the traditional time-people business model to more proactive performance-based business models.
"Industrial Internet of Things (IIoT) and Artificial Intelligence (AI)-based NDT capabilities are altering market structures and driving the transformation of traditional business models," said PremShanmugam, Senior Consultant for Measurement & Instrumentation at Frost & Sullivan. "Automation companies are increasingly repositioning themselves as service providers, while sensorization and predictive analytics have enabled vendors to develop innovative business models."
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