DiGiSPICE: Industry Monitoring 10 January 2019
- Priyanka Kanodia
- Jan 11, 2019
- 6 min read
DiGiSPICE
Competitors
IBM tops US patent list for 26th year running
Publication- Computer World
Edition- Online
Date- 10 January, 2019
IBM was granted the most patents in the US in 2018, the company’s twenty-sixth consecutive year at the top of the ranking. Big Blue received a record 9,100 patents last year, nearly half of which were related to innovations in AI (1600 patents), cloud computing (2000 patents), security (1400 patents), blockchain and quantum computing. More than 150 patents came from IBM inventors with residence in Australia. Among them was an ‘image reconstruction’ technique to predict of age related macular degeneration – which is responsible for half of all cases of blindness.
The innovation – developed by Rahil Garnavi, Dwarikanath Mahapatra and Suman Sedai – generates 3D structural information from a 2D view of a retinal fundus image, sidestepping the need for expensive Optical Coherence Tomography (OCT) equipment. Places 11 to 20 were taken by Google, Amazon, Toyota, Samsung Displays, Sony, Huawei, IoT technology company BOE, General Electric, Hyundai and Ericsson.
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Subex launches CrunchMetrics, forays into fintech, retail and e-commerce
Publication- Business Standard
Edition- Online
Date- 10 January, 2019
As it looks at scripting a turnaround story, telecom software company Subex on Wednesday launched a new unit 'CrunchMetrics'. The new unit will provide artificial intelligence-enabled anomaly detection solutions to clients across sectors such as telecom, retail and fintech.
The company has launched this new unit as a division of Subex Digital LLP, a wholly-owned subsidiary of Subex Ltd, in its bid to increase its revenue from new technology solutions apart from entering into new verticals beyond telecom. The Bengaluru-based company by far was mostly focused on the telecom sector.
"Addressable problem and market size (for the new solution) is huge, and with our focused efforts and investments, we are confident of creating an impact by delivering value to our customers," said Vinod Kumar, CEO & MD at Subex.
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AI Chatbots and Cross Channel Marketing Top 2 Tech Areas for India Marketers as per 2019 Study
Publication- The Week
Edition- Online
Date- 10 January, 2019
The following press release comes to you under an arrangement with Business Wire India. PTI takes no editorial responsibility for the same.) Gurugram, Haryana, India– Business Wire India. ValueFirst Digital Media Pvt. Ltd., a B2B enterprise communication platform & services company has launched its Annual Digital Marketing Research Report 2019 titled ‘Digital Dexterity’.
For this 9th annual state of online marketing in India industry study, the country’s leading industry association DMAasia (Association of Data Driven Marketing and Advertising) & Octane Research collaborated resulting in an active participation of 350+ leading brands from a host of sectors like BFSI, eCommerce, Retail & Distribution, Telecommunication, IT, Services, etc.
The report covers themes like overview of digital marketing investment, channel wise ROI analysis and outlook towards next gen marketing technologies like Bots, Cross Channel, Big Data, etc. along with foreseeable challenges of a modern day marketer. This one of a kind collaboration within the Indian Marketing Ecosystem is a sincere effort in providing marketers with latest digital marketing trends, deep insights and valuable baseline data for their annual planning in online marketing.
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Industry News
Kellton signs multi-year cloud-based IoT project with dormakaba
Publication- The Economic Times
Edition- Online
Date- 10 January, 2019
Digital transformation firm Kellton Tech has announced winning a multi-year project with dormakaba, which is into developing access control and security solutions, for building a future-ready, cloud-based IoT device connectivity solution. In a statement, Kellton Tech said it will now leverage its technological expertise and innovative service delivery model to enable dormakaba digitally transform their access control and security systems.
“The smart intersection of cloud and IoT will help the client reduce time-to-market, enrich the customer experience, streamline operations, optimise operational costs and improve quality of service at the same time.” “It is estimated that over 20.3 billion connected devices will be in use worldwide by 2019 and the IoT market will grow to over $1.7 trillion by 2020,” said Karanjit Singh, CEO, India.
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Smart speakers have 97% satisfaction rate in India: Accenture
Publication- ET Telecom
Edition- Online
Date- 10 January, 2019
Standalone voice assistants -- or smart speakers -- are one of the fastest adopted technologies in India and have a 97 per cent satisfaction rate among Indian consumers, according to a report from Accenture. Half of online consumers globally now use digital voice assistants, led by emerging markets such as India with 72 per cent adoption, said the report titled "Reshape to Relevance".
"With increasing adoption and satisfaction levels of smart speaker technology in India, we will see digital voice assistants influencing the whole consumer technology and service ecosystem in a way that no other device, including smartphones, has done before," said Aditya Chaudhuri, Managing Director and lead in Accenture's Communications, Media & Technology practice in India.
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Blockchain tech to help the unbanked get credit scores
Publication- The Times of India
Edition- Online
Date- 10 January, 2019
While banks and financial institutions try to lure the middle class with quick loans and urge them to leverage their credit worthiness citing healthy CIBIL scores, the formal lending sector seldom reaches out to the needy. Most of the country’s poor have no choice but to go to moneylenders or fall back on MFIs to borrow money and end up paying exorbitant interest rates. To empower the poor, especially the unbanked and underbanked populations, the Telangana government has joined hands with London-based startup Cognito Technologies to kick off a pilot project, wherein it will leverage Blockchain technology to come up with credit scores of those from economically weaker sections of society.
Cognito Technologies, that will be setting up its India office in Hyderabad in January with 15 employees, will be collaborating with Sthree Nidhi Credit Cooperative Federation Ltd, a government body that advances affordable credit to the self-help group (SHG) members in the state. Murali Mohan Reddy Duvvuru, co-founder, Cognito Technologies, said Sthree Nidhi currently has a digital system in place to run its operations and the startup will be using Blockchain as an underlying technology to help them establish a credit history of every individual.
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Top 6 Ways Developers Can Validate Artificial Intelligence Systems
Publication- Analytics India Magazine
Edition- Online
Date- 10 January, 2019
In 2017, Facebook Artificial Intelligence Research (FAIR) pulled the plug from an AI project when a pair of chatbots started communicating in an unknown language. Researchers were baffled at the machine’s ability to invent a language and immediately stalled the project fearing the uncertainties revolving the outcome of their development. Such incidents, though a few in number, cannot be taken lightly as we move closer to a more machine-dependent world. The question that authorities and even governments institutions need to ask is what is the extent of trust they can place on the technology.
Teach And Test Methodology: Recently, Accenture was one of the main players that introduced testing services for artificial intelligence. The Tech and Test methodology for enterprises ensure that AI systems are producing the right decisions. “The adoption of AI is to accelerate businesses see it’s transformational value to power new innovations and growth. As organisations embrace AI, it is critical to find better ways to train and sustain these systems – securely and with quality – to avoid adverse effects on business performance, brand reputation, compliance and humans,” said Bhaskar Ghosh, group chief executive, Accenture Technology Services highlighting the importance of AI validation.
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Signify launches Interact IoT Platform in India
Publication- CXO Today
Edition- Online
Date- 10 January, 2019
Signify (formerly known as Philips Lighting, launched its new Internet of Things (IoT) platform, called Interact in New Delhi, which will enable its professional customers to unlock the full potential of connected lighting for the IoT. The platform delivers new insights to help customers drive operational efficiencies and take more effective decisions. It also supports the company’s strategy to deliver new data-enabled services as value expands from lighting products and systems to services.
Signify has already installed 29 million connected light points worldwide and plans for every new LED product it produces to be connectable by 2020. This growing number of connected light points, sensors and devices, as well as systems, can collect large volumes of data for which Interact was designed to handle.
The highly secure, scalable cloud-based Interact platform uses sophisticated and modern data management and data processing capabilities, including machine learning, to bring sense to all manner of data – creating data-enabled services for customers that will deliver benefits beyond illumination. It also offers a growing suite of licensed open application program interfaces (APIs) which will foster innovation from third-party developers, development partners and customers, enabling various data enabled services to be developed.
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DoT Asks To TEC To Finalise IoT, M2M Standards In 2 Months
Publication- Express Computer
Edition- Online
Date- 10 January, 2019
The Department of Telecom has asked its technical body to finalise standards for Internet of Things (IoT) and Machine-to-Machine technology in two months as the country aspires to roll out 5G services at par with the rest of the world. The Telecom Engineering Centre (TEC) under the department is preparing finalising standards for telecom equipment and devices for 5G services. The roadmap for M2M communications was released in May 2015 but the centre is yet to finalise generic requirement for the segment.
IoT and Machine-to-Machine (M2M) devices would be widely deployed technology for implementing 5G services. Telecom Minister Manoj Sinha while releasing a technical report — M2M/IoT Enabling Smart Infrastructure — urged the TEC to prop up its work in framing standards especially in international area to meet the requirement of the country. “Machine-to-Machine (M2M) communication and the Internet-of-Things (IoT) have the potential to transform our lives, by radically changing the way we interact with the physical world around us,” Sinha said.
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