Industry Welcomes Govt’s Focus on AI & Manufacturing : Budget 2019

Tech companies believe that the focus on leveraging digital technologies will boost rural manufacturing and create jobs. Finance Minister Piyush Goyal on Friday announced that the government will soon launch a National Artificial Intelligence Portal. Hailing the Interim Budget, tech companies on Friday...

Foxconn To Set Up R&D Centre For AI In Hyderabad

The R&D platform would provide solutions to Foxconn Group with a vision to integrate and incorporate latest technologies. The subsidiary of Foxconn Technology,Foxconn Industrial Internet will soon establish an Advanced Industrial Artificial Intelligence Research and Development Centre in Hyderabad to facilitate technological services and...

Industrial Automation & AI to Transform India into a $1 Trillion Mfg Economy by...

Rockwell Automation to take the lead in developing industry 4.0 ecosystem allowing Indian manufacturers to collaborate and compete globally. If India aims to triple its combined factory output in gross value added (GVA) terms to $1 trillion by 2025,the country...

“The 5G enabled digitalisation revenues will show growth rates upwards of 20 per cent...

What are the opportunities and challenges that leading PCB manufacturers should be ready for, with the arrival of 5G? To find that out, Rahul Chopra of the EFY Group spoke to Erich Schlaffer, project leader research & development, AT&S,...

AI, Big Data To Be Tapped For Defence Forces: Army Chief

Rapid advances in technology necessitated incorporation of the industrial sector into defence manufacturing. Army Chief General Bipin Rawat stressed the need to focus on incorporating Artificial Intelligence (AI) and big data computing into the Armed forces' system, saying the northern...

Infosys Aims To Tap More Japanese Mfg Companies With Joint Venture

Japanese companies are increasingly tapping Indian talent and companies to build products and solutions at lower costs to compete against Chinese firms.  Infosys plans to create a bigger footprint in Japan to tap the transformation across manufacturing sector through its joint...

Bhubaneswar To Get India’s Second Electropreneur Park

Start-ups under verticals- energy, education and industrial automation and process control will be given focus at the centre. The Software Technology Parks of India (STPI) has entered into a pact with India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian...

LG Teams up with Microsoft to Accelerate Autonomous Vehicles Business

LG Electronics is planning to grow its autonomous vehicle and infotainment system business by leveraging Microsoft's Azure cloud and Artificial Intelligence (AI) technologies. It has been reported that LG Electronics,the Korea based company will soon apply Microsoft's AI knowledge to...

AI Offers $340-Billion Cost-saving Opportunity for Retailers: Study

The study observes that retailers deploying Artificial Intelligence were eight times more likely to be working on high-complexity projects than ‘quick win’ projects that are easier to scale. The French technology services major Capgemini in its recent study revealed that...

Wipro Partners with Rockwell Automation to Create Automation Solutions for Industries

The company is targeting to achieve $100 million in next five years in industrial automation revenue Wipro Infrastructure Engineering (WIN), a part of Wipro, has signed an agreement with the US-headquartered Rockwell Automation to tap the emerging industrial automation market. As...

Wipro Opens Innovation Hub in Detroit to Develop Connected Vehicle Solutions

Wipro aims to further improve connected vehicle technologies with In-vehicle Human Machine Interface, on-board sensor data management, big data insights and end-user mobile apps for delivering personalized driving or mobility experiences  Wipro has opened an innovation centre at Detroit in...

AI to Impact Mainly Automotive, Retail, Transportation Companies

Although there will be more intense competition among companies in terms of application of AI, market analysts say potential benefits far outweigh the threats Market research analysts have predicted that companies in the automotive, aerospace and defense, and retail sectors...

MG Motor India Partners with Cisco, UNLIMIT to Develop Connected Mobility Enabled Vehicles

The value of the connected mobility market could reach the size of $3 Billion USD by 2020 in India, reveals an industry white-paper report released by MG Motor India. MG Motor India on Friday announced its partnership with leading...

Ericsson Signs 5-yr Connected Vehicle Cloud Worldwide Deal with Volvo Cars

Ericsson Connected Vehicle Cloud platform will further enhance Volvo Cars’ connected services by removing complexity in areas such as data legislation and storage management Ericsson will provide its industrialized Ericsson Connected Vehicle Cloud (CVC) platform to Volvo Car Group (Volvo...

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Recent Posts

80 Per Cent of Innovation Projects in Asia Never Make it to Market: Oracle...

Over-commitment on projects, lack of leadership, poor processes and an ongoing resistance to change are some factors leading to innovation gap in the Asia...

Tempo Automation to Collaborate with Lockheed Martin on PCBA Prototyping

This partnership will enable Lockheed Martin to create their products faster by increasing the levels of precision, predictability and speed Tempo Automation, the world’s...

TT Electronics Acquires Power Partners to Boost its Power Electronics Business

This acquisition supports TT’s global growth strategy that aims to expand its focus on design-led technology solutions and value-added complementary products TT Electronics, a global...

Telecom Firms May Witness 6 Per Cent Revenue Growth In 2020

The entry of a new player Reliance Jio in late 2016 changed the dynamics of the telecom industry. The telecom industry may see a...

Indian Government Issues 2 Gw Solar Tender For Self Use

The tender also mandates participating project developers to use only Indian-made solar cells and solar modules. The Indian government has issued the first tranche of...