Can India be the next backbone for AI to 20,000 enterprises?

According to NVIDIA CEO Jensen Huang, “India has an incredible opportunity to help the enterprises of the world apply artificial intelligence (AI)”.  Today the country can cater to the AI demand for 200,000 enterprises globally as it did 25 years ago as a backroom for ERP systems. A Bain & Company report says “that India is the third largest contributor to global Artificial Intelligence (AI) … Continue reading Can India be the next backbone for AI to 20,000 enterprises?

Can India be the next superpower in AI?

IBM India Chief, Managing Director Sandip Patel believes India has the potential to become a powerhouse in AI innovation, citing a significant increase in AI adoption. With a focus on AI, Analytics, and Automation, businesses aim to correlate AI maturity with India’s economic growth to reach a $5 trillion GDP target by FY27. India’s AI innovation is evident in the substantial increase in filed AI patents over the past five years. Continue reading Can India be the next superpower in AI?

Why cloud is essential in the automotive industry?

Intel has discovered that connected automobiles produce 4 TB of data per day, even with usage as low as a few hours each day. For OEMs that produce millions of cars annually, this is soon becoming to be a vast quantity of data that can reach the zettabyte scale. That’s not all, though, since OEMs also produce useful data when creating and manufacturing the cars, … Continue reading Why cloud is essential in the automotive industry?

Top 8 Cybersecurity measures adopted by the companies

Amid hybrid warfare, threat related to cyber security is growing in huge number.  And with the ongoing Ukraine war, Thorsten Urbanski from the IT security manufacturer ESET fears” that if the conflict escalated further, Germany will become the focus of state-motivated cyberattacks more than before. It cannot be ruled out that the computer systems of smaller utility companies, such as local energy suppliers, have already … Continue reading Top 8 Cybersecurity measures adopted by the companies

Top 5 smart warehouse applications with Cellular IoT Connectivity

It is feasible to connect sensors, gateways, routers, apps, platforms, and people in real-time to network the mobile IoT in practice and automate and improve operations. The top 5 smart warehouse applications:- You may realistically present the best route description using the data glasses. Additionally, information such as graphics that help identify items is added to the field of view. Source:- Industry of things Continue reading Top 5 smart warehouse applications with Cellular IoT Connectivity

What is the explainability of AI?

The Explainability of AI is a collection of tools and techniques that may be used to comprehend the choices made by AI models as well as to identify and address any issues with black box models. This is relevant, for instance, to prejudice or a propensity for manipulation. When engineers must prove that a model complies with certain standards or ISO regulations, explainability is crucial. … Continue reading What is the explainability of AI?

Which industry is heading towards digitalised future?

As per an article by industry of things, the Automotive industry is strongly heading towards digitalised future to counteract the uncertainties and unstable supply chains stretched to the breaking points. The initiatives are more for stability, flexibility, traceability, and security. The major pressure for digitalization has been faced by the German and European automotive industries. One of the major problems is the data exchange in … Continue reading Which industry is heading towards digitalised future?

Why there is a need for digitalisation in the automotive industry?

A sudden rush to chase the latest trend. Or is it to navigate the hurdles and the congestion faced in supply china in the automotive industry and provide more effective end product results? The preceding techniques, however, are nearing their breaking point because of the corona pandemic’s intensifying economic and technical advancements, such as supply constraints that destroyed the just-in-time idea. As per Statista, the … Continue reading Why there is a need for digitalisation in the automotive industry?

Why Gaia-X is important for German SMEs?

What is Gaia-X? Gaia-X brings companies, associations, and research institutes jointly into a digital ecosystem. The aim is to simplify the gathering and data sharing by creating data rooms for key industries. As per the Federal Minister of Economics Peter Altmaier, “The data spaces created by Gaia-X enable new digital business models- and thus secure competitiveness and jobs in a digitized world. With the Gaia-X … Continue reading Why Gaia-X is important for German SMEs?

COVID-19 impact on the Industrial Robotics market

The industrial robotics market, globally, is expected to reach 40 billion by 2025 with a CAGR of 13% during 2020-2025. In 2019, the worldwide sale of industrial robots was 420,870 units. Over the past ten years, the average cost of industrial robots has gradually decreased, from around USD 46,000 in 2010 to USD 27,000 in 2017. A recent prediction states that by 2025, associated expenses … Continue reading COVID-19 impact on the Industrial Robotics market