DiGiSPICE: Industry Monitoring 09 to 11 February 2019
- Priyanka Kanodia
- Feb 11, 2019
- 6 min read
DiGiSPICE
Industry News
Thailand launches Huawei 5G test bed
Publication- CGTN
Edition- Online
Date- 09 February, 2019
Thailand on Friday launched a Huawei Technologies 5G test bed, the tech giant's first such platform in Southeast Asia, amid rising scrutiny some Western countries set on the company. The test site is located in Chonburi, the heart of Thailand's 45-billion-U.S.-dollar economic project, the Eastern Economic Corridor (EEC), about 90 km (55.92 miles) southeast of capital city Bangkok, Reuters reported on Friday.
Huawei, the world's top producer of telecoms equipment and second biggest maker of smartphones, claimed that it is currently the industry's only vendor that can provide end-to-end 5G systems. In addition to Huawei, the alliance includes Ericsson, Qualcomm, Intel, Nokia, major local telecom operators and the Thai Federation of ICT Technology Association, the report said.
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Using emerging technologies to challenge status quo: Mahindra group CIO Parthasarathy
Publication- Tech Circle
Edition- Online
Date- 11 February, 2019
Founded in 1945, Mahindra Group has businesses ranging from automotive, defence and aerospace, technology, tourism, finance, real estate, logistics and agriculture. The Anand Mahindra-led group is far ahead of many other companies in terms of adopting emerging technologies such as analytics, artificial intelligence (AI) and internet of things (IoT). While the group has separate chief information officers for different companies, VS Parthasarathy is the group chief financial officer as well as CIO. Parthasarathy has been with Mahindra for nearly two decades.
Prior to Mahindra, he had spent close to 15 years at Xerox. For him, digital transformation is a continuous process and means being adaptive and agile so that the group stays ahead of the curve. In an interaction with TechCircle, Parthasarathy explains the group's initiativesWe have three IT companies in our group - Tech Mahindra, Mahindra Comviva and Bristlecone, each one being a global leader in the domain they operate.
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City maintains first rank among 100 Smart Cities
Publication- The Times of India
Edition- Online
Date- 09 February, 2019
The city has maintained first position among 100 Smart Cities in the country in execution of central government’s Smart Cities Mission. Nagpur Municipal Corporation (NMC) and its Smart City special purpose vehicle — Nagpur Smart and Sustainable City Development Corporation Limited (NSSCDCL) — are confident of maintaining the top most position in future too. The ministry of housing and urban affairs released the latest Smart City ranking of 100 cities on Friday. With a score of 360.21, the city has outclassed the state capitals and some other major cities of the country. Commendably, the city continued its dominance in the list of Smart Cities despite being selected only in the second year. The city was not among the 20 cities selected in the first year under the Smart Cities Mission. A year later, the city managed to make it to the scheme.
When it comes to Smart City rankings, the city has been ranked first since the launch of rankings in May last year. Excluding one week, city has maintained first position over the last nine months. Bhopal from neighbouring Madhya Pradesh took the lead once, and is currently second, after the city. The remaining 98 cities are far behind Nagpur and Bhopal. Mayor Nanda Jichkar said the city was heading towards becoming a global city. “The need is to maintain the first position. Participation of all from the city is a must for excelling, and making the city a Smart City,” she said.
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Blockchain Technology: Its Uses For Tracking And Monitoring Groundwater And Coffee Shipments
Publication- Owlt Market
Edition- Online
Date- 09 February, 2019
The Freshwater Trust (TFT) partners with IBM Research and SweetSense Inc in order to form a project with the main aim to monitor and track groundwater usage using Blockchain Technology. It also partners with the University of Colorado Boulder in order to get additional research support for the project. The project is funded by the Water Foundation and the Gordon and Betty Moore Foundation.
The scientists and engineers of the project will not only use the blockchain but also remote IoT sensors to measure groundwater usage. They will pilot the project in northern California’s Sacramento-San Joaquin River Delta which is known as the “nexus of California’s statewide water system.” The blockchain will keep a record of all data exchanges or transactions and use smart contracts for automatic transactions. The water extraction data will be transmitted to the orbiting satellites and the IBM Blockchain Platform with the help of the sensors.
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Why Seoul And Vermont Governments Use Blockchain Technology
Publication- Owlt Market
Edition- Online
Date- 09 February, 2019
The Seoul Metropolitan Government is a local government of Seoul, South Korea who has used a public Blockchain technology of ICON in order to issue a mobile letter of appointment to its Blockchain Governance Team which is known as The Seoul Blockchain Governance Team. The government has organized the team with the main aim to provide blockchain administration services across several industries.
ICONLOOP is the company behind ICON which has more than 100 business partnerships since 2018. It has built the letter which can’t just be issued but also viewed with the help of the personal cell phone of a member of the team. The member is able to issue the letter with a name, member identification number, and membership terms after complying with the terms and conditions. The public blockchain keeps records of Letter of appointment issuance with the main objective to prevent falsification and fake issuance. ICON Tracker tends to search for a specific transaction in order to verify the authenticity of the records.
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Blockchain Summit India 2019: Growing Blockchain Ecosystem
Publication- Owlt Market
Edition- Online
Date- 09 February, 2019
Blockchain Summit India 2019 is being organized by Department of Science and Technology, Government of India and L-incubator, IIM Lucknow on February 22-23, 2019 at IIM Lucknow Noida campus. The initiative is towards enabling the Indian government and ministries to speed up the process of developing a blockchain ecosystem and shape up the cryptocurrencies for better usage in India.
The summit has ministers and bureaucrats of Government of India as speakers belonging from Department of Science and Technology, HRD, Law and Commerce. India’s premium institutions’ senior faculties will be present to enlighten about the technology and ecosystem development at education levels. This summit will witness the presence of global crypto economists, community builders, technology pioneers to help the country grasp the expertise and experience from the leaders of the blockchain technology.
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AI, big data and analytics skills command 50-100% premium in pay packages
Publication- Business Standard
Edition- Online
Date- 10 February, 2019
Digital skills are to 2019 what computer engineering skills were 10-15 years back. Information technology companies are now ready to shell out significantly higher to acquire talent with nice skills. With every firm trying to increase their income from digital services and trying to establish a strong digital capability, the race to acquire people trained in skills such as artificial intelligence (AI), big data and analytics, machine learning, and even advanced user experience, has grown intense. “The rapid increase in pay packages to those with such skills can be seen ...
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Accenture leads final placements at IIM Calcutta, makes 24 job offers
Publication- Business Standard
Edition- Online
Date- 11 February, 2019
After emerging as the top recruiter during the first cluster of final placements at Indian Institute of Management, Ahmedabad (IIM-A), Accenture now has made the highest number of offers at 24 at IIM Calcutta that wrapped the recruitment process for its 54th batch of flagship PGP of 2019.
Following Accenture, were other reputed consulting firms such as AT Kearney, Bain & Co, The Boston Consulting Group, and McKinsey & Co, who made offers in double digits. Sector-wise, consulting sector led placements at IIM Calcutta with 29 per cent, up from 27 per cent last year, followed by finance at 21 per cent.
On the other hand, while average cost-to-company (CTC) rose by 4.7 per cent to close at Rs 25.36 lakhs as compared to Rs 24.2 lakhs last year, median salary increased by six per cent to Rs 23.5 lakhs.
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Technology Shaping the Future of Retail: What’s in store for 2019
Publication- India Retailing
Edition- Online
Date- 11 February, 2019
The Indian Retail Industry is considered one of the fastest growing industries in the world and technology has emerged as a helping hand to the industry. The world has seen a transition in retail planning –with the industry going from being product-centric to being customer-centric – and retailers are leveraging technologies to reach the modern shoppers.
Over time, retail technology has transcended from an aspiration to an expectation and has wedged itself securely between consumer and experience to create an everyday interface. While it has definitely made life easier for consumers, retailers in India have spent a better part of the last decade on their heels, reacting to profound changes throughout the sectors of the industry.
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Blockchain to secure provenance of fine wine: Here’s how
Publication- Tech Observer
Edition- Online
Date- 11 February, 2019
WiV, a trading platform for fine wines said that it will be ready for launch in mid-2019. The company is already offering pre-launch services to producers, merchants, distributors and investors across Europe and has ambitions to move into Asia early in 2019. WiV will use blockchain technology to minimise tampering in provenance of the wine.
The company informed that its bespoke trading technology will enable owners of investment grade wine to create a unique token for their individual bottles and then trade them across WiV’s network. Blockchain technology ensures that the provenance of the wine is far more difficult to tamper with in comparison with current paper-based certificates. It also means that there is no central set of servers which could put information at risk from hacking.
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