Category — Electronic

India’s Digital Transformation Exciting says IMF

India is undergoing an ‘exciting digital transformation,’ that can be a learning experience for everyone, according to the International Monetary Fund which will feature a case study on the country’s digital revolution in its new book.

Vitor Gaspar, director of the IMF’s Fiscal Affairs Department, said that the book Digital Revolutions in Public Finance will featurewhat is happening in the world in terms of the use of digital technology in public finance. It is also looking at the future trying to foresee what is coming as a true set of revolutions. One of the case studies in the book is India. It was also possible to make sure that there were no leakages of any significance in the system, that monies were not being diverted to other ends,”reports the Deccan Herald.
digital technology
Gaspar said that viewed as a social policy, the efficiency and growth of the country’s digital transformation are quite impressive. “So that seems to be the route that India is taking. And from the viewpoint of the Fund, we hope that we’re going to be able to learn a lot from it. And we’re following it closely,” Gaspar added.

October 25, 2017   No Comments

Amazon Files Patents for its Drones in India

Using unmanned aerial vehicles, Amazon Prime Air proposes to deliver packages to customers within 30 minutes or earlier, and Amazon Inc., filed a patent application in India for exclusive rights on multi-scale fiducials to be used on its drones to identify them from different distances.

Amazon LogoBusiness Standard reports that these fiducials will have three or more scales, where the child fiducials are nested or linked by a relative position to the parent fiducials, facilitating target identification and tracking. Another application may be focused solely on an innovation that will enable target identification of other drones or similar aerial vehicles. Earlier, Amazon Technologies had filed a patent application in India for a technology that would ensure a quick response from the propellers of a drone in case it detects an object like a human or an animal in its path.

Amazon will expand its drone operations once it establishes the safety and reliability of these systems.

October 12, 2017   No Comments

Ford Focuses on Smart Mobility in India

Ford India hosted the City of Tomorrow Symposium in New Delhi where opinion leaders, academics, innovators, policymakers and special TED speakers got together for an interactive symposium. The thought leaders explored the innovative use of technology and discussed collaboration between the state and private sectors on the issues of mobility and transportation solutions in India’s Smart Cities.

Ford Smart Mobility, a subsidiary of Ford established in 2016, designs, builds, grows and invests in emerging mobility services. It recently partnered with the city of Indore, in the state of Madhya Pradesh, signing a memorandum of understanding to work together to address the city’s most pressing transportation issues, reports YourStory.

Route Map

Ford shared that it had already launched new smart mobility initiatives across Asia which they would introduce in India, including:

Dynamic shuttles – It will initiate a pilot project of its smart shuttle services involving its employees in Chennai by the end of this year.

Car sharing – the company has invested in Zoomcar, India’s leading car sharing company.

Creative spaces –  Ford will launch a new Smart Mobility Innovation Hub in Chennai, where an open-plan office will bring together Ford’s Global-Data-Insight-Analytics and Information Technology teams to harness creativity and explore new data-driven approaches to solving mobility problems.

Traffic management traffic cameras will enable authorities to collect data that will inform traffic management, heighten safety, and allow long-term planning.

 

October 6, 2017   No Comments

Regional Languages Drive India Smartphone Sales Further

With nearly as many smartphone users as the U.S. has people, India is already one of the world’s hottest mobile markets, with America’s Apple, Korea’s Samsung, China’s Oppo, Vivo and Xiaomi jostling for market share with Indian brands such as Micromax.

Nubia Smartphone

India’s 300 million smartphone users could grow by more than 50% in the next few years, reports CNN Tech giving reasons for this:

  1. 1 billion Indians do not yet have a smartphone — a huge market opportunity.
  2. More than 66% of India’s 1.3 billion people still don’t have access to the Internet, and when they do so over the next decade, it will likely be through mobile devices. “Mobile has already become the primary device from which users access the internet,” says Shobhit Srivastava, an analyst at Counterpoint Research, a global industry analysis firm headquartered in Hong Kong.
  3. India has many regional languages, and many of the country’s newest mobile users are discovering the Internet in one of them. “One of the major reasons the smartphone hasn’t been able to penetrate rural or [smaller] cities is because it’s all in English. You need to have the regional languages, and a lot of players have understood that. They are investing in putting regional languages in their smartphones, turning this challenge into a differentiating factor for themselves,” Srivastava added.
  4. India has more than 100 smartphone brands catering to a variety of budgets.

October 4, 2017   No Comments

India is a Winner in Hyperloop One Global Challenge

A panel of experts in infrastructure, technology, and transportation, announced ten Hyperloop One winners from five countries — Canada, India, Mexico, U.K. and the U.S. — which were  chosen from among hundreds of applicants.

The two Indian companies that made it to the winning list are Hyperloop India and AECOM India. The former proposed a Mumbai-Chennai route that would provide an east-west connection across India. The 685-mile stretch will take passengers and goods from Mumbai to Chennai in just 63 minutes. AECOM India proposed the 208-mile Bangalore-Chennai Industrial Corridor that would take passengers and goods in just 23 minutes, reports The News Minute.

“The winning teams of the Hyperloop One Global Challenge represent the best innovation and creativity from government agencies, engineering firms, academics, infrastructure experts and more,” said Josh Giegel, co-founder and president [Engineering] of Hyperloop One. “We look forward to working closely with all the winners, their partners and local authorities to examine the feasibility and scope of these routes and, ultimately, build the first Hyperloop routes around the world,” he added.

September 22, 2017   No Comments