“The number of humans that robots replace is not the formula for calculating ROI”

Automation is the next big industrial trend that will drive factories and production units. But a lot of questions about unmanned factory floors are yet to be answered, such as what will the capex and opex of such technologies...

SK Telecom And Microsoft Sign Deal To Focus On 5G, AI And Cloud

Park Jung-ho, president and CEO of SK Telecom and Microsoft CEO Satya Nadella signed the agreement. SK Telecom and Microsoft signed a memorandum of understanding for cooperation in areas such as 5G, artificial intelligence (AI) and cloud. Park Jung-ho, president and...

“Technologies like AI and ML are giving a new direction to manufacturers in 2019”

India is gradually transforming into a potent and lucrative business destination for foreign players. The electronics industry is booming, with world-class work being done at the local level. Mitsubishi is a well-known brand that has identified great business opportunities...

The Future of Mobility – A Bharat Innovation Fund Perspective

It’s an exciting time for entrepreneurs entering the field of electric mobility, because the way people and goods will move in the near future is being revolutionised across the globe. Rohan Choukkar Fast-paced technology trends have brought the automotive industry to...

India Innovation Accelerator Program 2019 to Focus on AI Startups, Apply Before June 2

Through this program, Facebook aims to help build the ecosystem for AI in India and support startups with the resources and opportunities. Facebook is inviting applications for the second edition of its India Innovation Accelerator Program 2019, which will focus...

Supreme Court Ruling On Privacy First Step To Make India Ready For AI

The Supreme Court upholding privacy as a fundamental right is the first step to make India ready to adopt artificial intelligence and the government has already started working on the framework for the same. "When we are talking about whether...

Flash Electronics Raises Rs 200 Crores To Expand Operations

Flash Electronics expects 10-15 per cent of value to come from its electric vehicles’ solution business in the next three-four years.  Pune-based auto component manufacturer Flash Electronics India has raised Rs 200 crore from private equity firm DMI Finance to...

Industrial Robotics Market In Collaborative Segments Is Expected To Have Highest Growth By 2024

The high growth of the industrial sector is largely facilitated by government initiatives promoting the use of locally manufactured goods and equipment. Industrial Robotics Market is projected to reach a revenue of over USD 80 billion by 2024. The rapid...

ThoughtSpot Announces $25M Investment in India To Boost AI And ML

ThoughtSpot will also be launching it’s business operations in India, serving both global customers with data analytics and engineering teams in India, as well as enterprises based in India. Artificial intelligence and machine learning are transforming every business, in every...

UK Bosses Using AI to Monitor Staff; Critics Say it Increases Pressure on Workers

Designed by a London company, Isaak system ranks staff members’ attributes by harvesting data on their work and interactions Several UK business owners are using artificial intelligence to scrutinise staff behaviour minute-to-minute, according to The Guardian. The actions of 130,000 people...

Wipro Infrastructure to Acquire Automation Business of Incite CAM

As part of the deal signed between the two companies, WIN Automation will get access to two manufacturing units of Incite CAM. Wipro Infrastructure Engineering (WIN) Automation, a business division of Wipro Enterprises Ltd, has signed a pack to acquire...

STPI To Create 28 CoEs For The Promotion Of Emerging Technologies

The new software product policy will create 3.5 million jobs and boost the software product revenue to $ 80 billion by 2025. Software Technology Parks of India (STPI), which runs under the Ministry of Electronics and Information Technology, Government of India, is...

Writing the rules for autonomous vehicles

Self-driving vehicles are a good idea. Why? Because a world that invests enormous amounts of energy and precious resources building complex machines that spend most of their lives doing nothing is hardly on the path to sustainability. Last year,...

Ericsson Ramps Up India Business, Increases Artificial Intelligence Investments

Ericsson is hiring engineers globally for its AI accelerators, including 150 engineers in Bengaluru. Swedish telecom gear maker Ericsson said that it is increasing its Artificial Intelligence-related investments in India along with Sweden and the US to boost its managed services business. It is...

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Govt Of India Seeks Proposals For EV Charging Set Up In India

GOI has invited entities from different backgrounds to submit proposals on the set-up of EV charging infrastructure in India The government also seeks...

UK’s Go Global Program Expansion To Boost Indian Startups

Go Global program supports start-ups to work with UK expertise to take their firms to the next level The new program will focus...

Govt Targets ₹3 Lakh Crore Turnover At CSCs

The government will honour the best women VLEs who can be an example to the rest of the CSCs Such women VLEs would...

Vakrangee To Set Up EV Charging Stations Across India

Vakrangee has 3,504 Nextgen Vakrangee Kendra outlets spread across 19 states 68 per cent of the outlets are in Tier 5 and Tier...

Tata Power Ties Up With NTT Com-Netmagic To Set Up 50 MW Solar Project

NTT Com-Netmagic is a managed hosting and multi-cloud hybrid IT solution provider This solar power project is aimed at reducing CO2 emission at...