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Accenture ‘Applied Intelligence’ Challenge 2019 For Indian Deep Tech Startups Winners To Be Out Soon
Publication- BW Disrupt
Edition- Online
Date- 11 July, 2019
The second edition of Accenture Ventures ‘Applied Intelligence’ Challenge 2019 for Indian deep tech start-ups winners be announced on July 25, 2019 following two rounds of evaluation by Accenture and industry leaders. This year, the challenge aims to identify and recognize deep-tech growth stage start-ups with the most innovative business to business (B2B) use cases in artificial intelligence, data, analytics, automation and industrial artificial intelligence.
According to industry body, National Association of Software and Services Companies (NASSCOM), the number of deep tech start-ups in India grew at the rate of 50 per cent in 2018, even as the overall start-up birth rate was 12 per cent during the same period. A total number of 1200 start-ups were found in the deep tech sector in the past five years. IoT, data analytics and AI accounted for one-fourth of the total start-ups founded in 2018.
The applicants need to be for B2B start-up with operations in India, with an annual revenue of at least $100,000 in the last reported financial year. Each applicant can make multiple submissions. The criteria for evaluation will be innovation edge, business benefits and scalability of the solution.
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Smart cities risk curtailing potential by prioritising technology over people
Publication- Construction Week Online
Edition- Online
Date- 11 July, 2019
Smart city initiatives in the Asia Pacific will not reach their potential if they focus on delivering cutting-edge technologies without paying enough attention to the needs and experiences of citizens, accord ing to new research, Smart Cities Success: Connecting people, proptech and real estate, released by leading real estate consultant JLL . And a wider collaboration among various stakeholders such as government agencies, technology vendors and users, is desired to drive these missions successfully, the report said.
The research also highlighted the opportunity for a more human-centric approach to smart city development, which promotes inclusiveness, efficiency, sustainability and transparency. It said that as the real estate industry catches up in technology, it could bridge the gap between smart city solutions and the physical spaces where people work, live, and play.
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Blockchain Technology: Highest Demand from the US and India
Publication- Silicon India
Edition- Online
Date- 11 July, 2019
Don Tapscott, the co-founder of the Toronto-based think-tank Blockchain Research Institute (BRI), has said that the blockchain technology, has received the highest demand from the US and India as the people in these two countries are highly prone to the next generation technologies. Blockchain, a revolutionary technology astonishingly impacting different industries was introduced in the markets by Satoshi Nakamoto, a mystical cypherpunk.
Being a new distributed platform that helps to cement digital relationships, this technology has become one of the most conversed topics of the time, since its inception. It has also gained a lot of attention and popularity in a variety of industries including financial services, charities and nonprofits, the arts, and e-commerce, within no time.
Major organizations and governments around the world even have been experimenting with this technology as it had become one of the most reliable platforms for them to store and manage crucial information. Through this, they are aiming to bring security, transparency, and decentralization in the system.
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