Category — Information Technology

India’s Agri-Tech Startups Help Improve Agriculture

A Boston Consulting Group study titled ‘The Rising Connected Consumer in Rural India’ says “the number of connected rural consumers is expected to increase from about 120 million in 2015 to almost 315 million in 2020.”

Because of government initiatives such as Digi Gaon (Digital Village) and the Bharat Net project, which provide access to high-speed broadband connectivity, WiFi hotspots, and other low-tariff digital services, “more than half of all new Internet users will come from rural communities and rural users will constitute about half of all Indian Internet users in 2020,” says the study.

To cater to these customers, almost all agri-tech startups in India commenced operations to build mobile apps to solve problems related to quality of soil, weather prediction, pests, disease control, equipment, prices in markets, and storage of grain produced, reports Forbes.

Fruit vendor

Bangalore-based Nubesol technologies enables farmers to consult with agricultural scientists and also offers ‘Remote Sensing Technology’ that diagnoses soil health; Agrihub is an e-commerce ecosystem that connects traders, companies, and distributors with the needs of farmers; EM3 offers interventions from soil preparation to harvesting, where farmers pay a service fee calculated on a per-hour or per-acre basis; and Ergos offers micro and medium warehousing services. Pune headquartered AgroStar can receive real-time data on the pest or disease that has affected a crop and offer solutions.

“These startups are increasing productivity, bridging knowledge gaps, and making a huge difference in the way work is done in fields,” notes Forbes.

 

October 2, 2017   No Comments

India is now IBM’s largest Center for Employment

IBM‘s biggest pool of employees is in India where it employs 130,000 people, or one-third of its total workforce, which is more than the number of people it employs in the U.S., per a report in The New York Times.

IBM LogoBoth low-level and high-level jobs are assigned to India. Core operations, as well as a major part of IBM’s research is also carried out in the country. Watson AI technology that was developed in India last year, currently helps fashion designers roll out unique clothes, reports Money Control. IBM partners with Manipal Hospitals in Bangalore where treatment for cancer is done using Watson. Doctors from New York’s Memorial Sloan Kettering Cancer Center offer recommendations for the best treatment.

The company is now searching for the next crucial market in the country: the lower-income segment in India who have largely been overlooked by the tech revolution.

 

September 30, 2017   No Comments

Global Entrepreneurship Summit Will Showcase U.S.-India Partnership

U.S. Commerce Secretary Wilbur Ross said that the Global Entrepreneurship Summit to be held in Hyderabad, India, will be another demonstration on how India and the U.S. can work together to advance the digital economy and entrepreneurial skills of their citizens.

To be hosted jointly by India and the U.S. from November 28-30 this year, the theme of this Summit is “Women First, Prosperity for all” and it will focus on supporting women entrepreneurs and fostering economic growth globally. Ivanka Trump will lead the United States delegation to the Summit, reports India Today.

GES Logo

India’s ambassador to the U.S., Navtej Sarna said, “The focus of the summit will be on four key areas: energy and infrastructure, health care and life sciences, financial technology and the digital economy and media and entertainment. This is the first time GES will be hosted in South Asia.”

GES will help participating U.S. companies better understand how to play a role in India’s new business start-up culture, said Alice Wells, Acting Secretary of State for South and Central Asia.

September 22, 2017   No Comments

Accenture Inaugurates Innovation Hub in India

Dublin, Ireland-headquartered Accenture, launched its first Innovation Hub in Bangalore. The Hub features capabilities in artificial intelligence, intelligent automation, quantum computing, machine learning, robotics, Internet of Things, data and analytics, intelligent applications, intelligent platforms, liquid applications management, and experience-led transformation, among others.

A look inside the new Accenture Innovation Hub in Bangalore

BusinessWire reports that the facility comprises 440,000 square feet of space through 10 floors, and it offers the:

  • Accenture Lab —  incubates new concepts through applied R&D
  • Accenture Liquid Studio — offers development and prototyping of applications and the design and creation of digital services
  • Accenture Innovation Center —  builds and scales solutions across technologies and industries, and
  • Avanade — provides innovative digital and cloud services, business solutions and design-led experiences through the Microsoft ecosystem and is majority-owned by Accenture

Paul Daugherty, Accenture’s chief technology and innovation officer, said, “Innovation is part of our DNA. As an innovation-led company, we are passionate about identifying, developing and even inventing the latest innovations to help our clients grow their businesses.”

 

September 20, 2017   No Comments

IBM Inaugurates First Machine Learning Hub in India

Software major IBM opened its first “Machine Learning  Hub” in Bangalore which will provide a physical space to organizations for hands-on training on machine learning. This hub will enable data professionals, business analysts, and engineers to work with IBM’s data science experts to understand and learn the technology to visualize, analyze and interpret data.

IBM Logo

Machine learning is the entry point to the cognitive era, enabling enterprises to drive critical insights. With India’s focus on digitization, it’s an apt time for organizations to make this transition,” said Gaurav Sharma, vice president, IBM India Software Labs.

The company has similar hubs in Toronto, San Jose, California, Beijing, and Boblingen, Germany, reports Gadgets 360.

 

September 18, 2017   No Comments