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  • IoT the next big thing or already is? In perspective of Industry 4.O

    IoT the next big thing or already is? In perspective of Industry 4.O

    One of the key technology foundations of Industry 4.0 is the Internet of Things. The ability of machines to independently communicate with one another allows them to solve issues that would previously require human intervention.

    It is anticipated that the use of industrial IoT for predictive maintenance and a rise in the number of data centres would present sizable market expansion prospects. Additionally, the government’s promotion of industrial automation and the demand for high productivity & efficiency are the main factors propelling the growth of this market.

    The majority of firms have acquired a high degree of IoT maturity, and through 2024, enterprises from all industry sectors intend to invest an average of $2.8 million in IoT. Businesses anticipate spending 10% of their IT budgets on IoT initiatives during the next three years, up from the average 7% of an organization’s IT expenditure between 2017 and 2020.

    However, there are observable differences in the expected IoT investment levels across various business sectors. Over the next three years, oil and gas companies plan to invest the most in IoT ($3.2 million on average), followed by electrical utilities ($3.1 million), transportation and logistics ($3 million), mining operators ($2.7 million), and finally, agricultural industries ($2 million).

    Latest research conducted by Inmarsat Enterprise reveals IoT is now the primary Industry 4.0 technology in which companies are investing over the next three years. IoT is becoming a company investment priority, and businesses expect it to save them an increasing amount of money in the next years. This shows how well-established an industry IoT has become globally. Despite the fact that IoT adoption is already accelerating quickly, Covid-19 has stressed the value of Industry 4.0 technologies like IoT for maintaining business continuity. Companies who create digital twins of their supply chains and share data are reaping the rewards as the world’s manufacturing and supply chains become more integrated and digitalized.

    In the Indian Landscape –

    India is a hive of IoT provider potential, and the nation’s IoT ecosystem is anticipated to keep expanding to generate entirely new sources of income. To stay ahead of the curve and meet the growing demand for IoT solutions, vendors should collaborate with other members of the value ecosystem to take advantage of cutting-edge technologies like Big Data analytics, AI and machine learning, new connectivity protocols, and blockchain.

    Private long-term evolution for improved security: Indian tech organizations should concentrate on promoting the advantages of P-LTE to raise awareness and approach businesses with solutions tailored to specific verticals.

    Real-time operational intelligence for improved risk and compliance management: To deliver brand-neutral IoT solutions, suppliers must create hardware and software that is interoperable and pre-integrated.

    Visual matrix solutions for better CX: IoT providers should collaborate with OEMs of visual surveillance systems to offer in-store, real-time consumer analytics in addition to core security solutions.

    IoT as a Service for Smart Diagnostic Laboratories: By starting with open source IoT solutions, expenses can be significantly cut, which will promote the use of smart laboratories as a service.

    By using our global knowledge and top-class IoT solutions, we can assist your business with our digital transformation and automation services. If you’re looking for understanding partners which can deliver results, contact us now.

  • How technology is making our everyday better

    How technology is making our everyday better

    All technologies that have emerged and thrived thus far have been invented to meet the needs of society, as it is rightly said that necessity is the mother of invention. Without a doubt, technology has made our lives easier over the last two decades. Technology has made our lives better in a number of ways, from communicating with people around the world from the convenience of your home to operating a full-fledged business without a physical site.

    We live in a capitalist society, which means that many technological advances are made by businesses looking to improve their products/services or their ability to market their offerings. Over the years, new technology has emerged with the goal of making business operations more beneficial and effective.

    Business Efficiency

    The business world is being swept away by a tidal wave of exponential technological progress. Today’s marketplace provides numerous opportunities to improve, adapt, and advance using available technology. The use of business analytics has proven to be beneficial in improving the customer experience. Such technology-powered business tools have propelled various aspects of business to new heights. Personalized messaging and user behavior analysis have also assisted businesses in establishing a fruitful presence in the market.

    Fast track Communication

    The only certain answer to how technology has improved our lives is that it has changed the way we communicate with one another dramatically. It has resulted in the development of several modes of electronic communication, including smartphone communication and social media. Now that civilization has advanced, instantaneous, error-free communication is widely accessible. Speed is undeniably the most significant advancement that technology has made in communication. We can now converse quickly and effortlessly from the convenience of our homes.

    Advanced Lifestyle

    Throughout history, societies have been reshaped by technology. Technology has had a significant impact on how humans behave and operate in the world. Technological advancements all around us are ongoing. New innovations are appearing, and they are undoubtedly influencing our way of life. Because of technological advancements, our lives are now vastly different from those of previous generations Transportation, agriculture, and education are just a few areas where technology is present and having an impact. On the other hand, the Internet of Things (IoT) has greatly simplified our lives. Through the medium of IoT, smart homes and advanced electronic gadgets have significantly improved our daily routines. It has simplified many aspects of life.

    Superior Trade

    Transactions are much simpler and more efficient than they were previously. On the consumer side, innovations such as the credit card and the rise of e-commerce have made it easier than ever for businesses to sell goods and services to customers at their leisure. However, transactions on a large scale are much easier on a B2B level. Foreign transactions like these are now much easier – and they may become even easier as blockchain, an emerging technology, gains traction.

    Information Accessibility

    Technology has had a significant impact on how we transfer and access information. Nowadays, we can get any information we want at the touch of a button. We are constantly searching the internet for answers and gathering information. If one learns how to surf more skillfully, technology is readily available to us, both in terms of authenticity and relevancy.

    We’ve gotten to the point where it’s difficult to imagine life without technology. The quality of life for people has considerably increased. Technology has altered our behavior and operations by infiltrating every aspect of our lives. Technology has made our lives better in a number of areas, including networking, healthcare, and communication.

  • All you should know about Smart Spaces and its future impact

    All you should know about Smart Spaces and its future impact

    What are Smart Spaces?   

    Smart spaces are facilities or public areas outfitted with sensors to collect data that can be used to generate insights about its environmental conditions, the services it provides, and how occupants interact with their environment. These smart spaces insights can be captured in real-time and from historical data, and then used in improving safety, operations, and the experiences of the people using the space.

    When enabled by technologies like IoT and 5G wireless, which are now capable of monitoring municipal operations using real-time data to bring a level of service to citizens with uncharacteristic efficiency, smart space paradigms are also shared across regions, extending over cities.

    Use of Technology in creating smart spaces

    We can classify smart enabling technologies according to their purpose using this multi-layered approach to smart space environments (virtual, physical, and human levels).

    Virtual Computing Environment — This layer gives smart devices access to private network services or the internet, which enables them to connect to other components of the distributed systems that run the smart space environment.

    Physical Environment – The most diverse layer of smart spaces is the physical environment layer, which contains the embedded sensors, microprocessors, tracking tags, and other tangible components of the smart space.

    Human Environment — This layer is made up of gadgets that people use in conjunction with their environment, such as pacemakers, wearable smart devices, and smartphones. This means that humans can develop smart space environments using cell towers, cell networks, and smartphones to create a virtual, physical, and human environment that can be thought of as a large area smart space, similar to how route-planning apps can be used to create smart spaces.

    Benefits of Smart Spaces

    The deep integration of these technologies into our daily lives demonstrates how successfully they have achieved their general goals of enhancing efficiency, security, and safety.

    Any measurable aspect of efficiency is improved by smart space technology. Smart technology often focuses on lowering overall operational expenses of buildings by avoiding resource and utility waste. Meters for electricity or water may readily be equipped with sensors, making them prime candidates for smart monitoring.

    In places where there are risks of danger or accidents, smart spaces promote safety and risk mitigation. Smart technology, such as the use of intelligent robots in industrial applications, can replace human workers performing dangerous activities. By replacing humans with these robots in numerous tedious and repetitive jobs like moving inventory palettes, productivity has grown.

    Smart environments improve user experience by automating many of our daily “clerical” duties, including checking the lighting, that were previously performed by humans. Using smart space technology is now driven by the desire to enhance the experience of occupants within a space for business purposes. These buildings are becoming more collaborative, informative, and effective thanks to smart office technologies that can connect remote workers, smart conference rooms, scheduling systems, and sensors covering every component of the facility. Several manufacturers advertise a sizable central wall display that serves as a focal point for business activities and shows real-time information. For example, a hospital could use this display to show which doctors are present, which operations are planned, or which rooms are filled.

    Common technologies used in these are:

    • Artificial Intelligence and Machine Learning
    • Computer Vision
    • Speech Recognition
    • Blockchain
    • Cloud computing / Distributed systems
    • Wireless Connectivity
    • Motion and proximity sensors
    • Climate sensors (temperature, humidity, pressure)
    • Accelerometers and gyroscopic sensors
    • Optical and thermal sensors
    • Gas and level sensors
    • RFID tagging
    • Microprocessors
    • Smartphones, tablets, watches
    • Closed-loop insulin delivery systems
    • Ingestible sensors
    • Smart inhalers
    • Smart pacemakers

     

  • Facts about Artificial Intelligence you should know

    Facts about Artificial Intelligence you should know

    The adoption of intelligent, data-driven technology in enterprise applications is accelerating at an unprecedented rate in the digital age, challenging established workplace practices and fundamentally altering the business landscape.

    Artificial Intelligence (AI) and its subset, Machine Learning, are at the forefront of all disruptive technologies (ML). Business experts concur that artificial intelligence and machine learning are the two main forces behind the ‘Industry 4.0’ transformation.

    AI-enabled devices are everywhere. Nearly 77% of devices today use AI technology in one form or another. Virtual assistants, chat-bots, face recognition technology, voice search, and self-driving cars are just a few examples of services and solutions that use AI. These technologies are no longer the stuff of science fiction. They presently exist and have an impact on all facets of contemporary life.

    Things which will matter this year and onward

    1. Big Companies Will Most Likely Implement an AI Strategy

    Stats show that 75% of top CEOs think that AI will help their company expand and gain a competitive edge.

    1. The majority of consumers believe AI will enhance their lives

    In a poll conducted by Strategy Analytics, respondents from India, China, Western Europe, and the United States made up 41% of those who believed that new AI technology would improve their lives.

    1. Most people do not realize that they use AI platforms

    According to a survey, only 34% of consumers are aware that they are directly interacting with AI, which is one of the odd truths about artificial intelligence. But when asked about the technology they use, 84% admitted to using at least one AI-powered product or service.

    1. The voice-search function is becoming popular

    The AI-powered voice-search functionality on smartphones, smart speakers, and other voice-enabled devices is becoming more and more commonplace as a result of breakthroughs in speech recognition technology. According to recent statistics, 41% of smart device users use the voice-search function at least once every day.

    1. The future of AI automation is asset maintenance

    The most common AI use cases in the manufacturing industry, include predicting when machines are likely to break down and suggesting the optimum time to undertake maintenance. According to the survey, roughly 29% of AI applications in the manufacturing sector are used to maintain operational production assets.

    1. AI adoption helps businesses increase earnings

    AI continues the trend of technology generating returns. In a latest finding there has been a nearly 25% year-over-year growth in the use of AI in routine company operations, with a significant increase from the previous year in the number of businesses employing AI in numerous functional areas.

    1. Chat-bot use is growing already

    In a poll conducted of consumers around the world, 38% of respondents indicated that they had a favorable opinion of chat-bots. Only 11 percent of end customers had negative opinions, leaving 51 percent of them neutral.

    Research demonstrates that businesses now employ AI more frequently than not, suggesting that the technology has advanced to another level in the commercial world. Along with it, the need to expand AI among those just beginning their adoption journeys has increased. However, it also points to a way for lagging organizations to catch up, even while they show that other companies are further forward in comprehending the impact of AI.

  • Best security tips to avoid a cyber breach

    Best security tips to avoid a cyber breach

    Preventing cyber data breaches is the best defense against the nightmare and expense that comes with them. Nevertheless, you must first identify them in order to be able to stop a data breach. The sorts and costs of data breaches you could experience as a small- to medium-sized business owner are described below, along with tips on how to avoid them.

    When hackers gain access to data and sensitive information, data breaches occur. These breaches are very expensive. According to a data report, the average cost of a data breach is around $3.86 million that too in addition to the irreparable harm to an organization’s reputation. It costs time as well. The identifying of the cause and reprimanding it usually takes up to 280 days.

    You can use a variety of high-level security techniques, such as AI and prepared incident response teams, to stop a data breach. Let’s dig deep into that!

    Limit access to your valuable data –

    Every employee used to have access to all of the files on their computer back in the day. Companies today are discovering the hard way how important it is to restrict access to their most important data. A mailroom employee has no need to see a customer’s financial information, after all. By limiting who is permitted to read specific papers, you reduce the number of workers who might unintentionally click on a hazardous link. Expect to see all records partitioned off as organisations go into the future so that only those who specifically require access will have it. One of those obvious fixes that businesses probably ought to have implemented sooner rather than later.

    Security policy with third party vendors –

    Every firm interacts with a variety of outside vendors. The need to understand who these people are has never been greater. Even permitting visitors onto their property might expose businesses to legal action. It’s necessary to restrict the kinds of documents that these vendors can access.

    Although taking such steps can be a bother for the IT department, the alternative could be a data breach that costs millions of dollars. Demand transparency from the businesses that are permitted to access your sensitive information. Don’t just assume that they are abiding by privacy regulations; verify it. Request background checks for any outside contractors entering your business.

    Employee awareness training –

    Employees are the weakest link in the data security chain, according to recent research. Despite training, workers read dubious emails with the potential to download malware every day. Employers make the error of assuming that one cybersecurity training session is sufficient. Schedule frequent sessions every quarter or even monthly if you’re serious about protecting your crucial data.

    According to marketing studies, the majority of consumers must hear the same message at least seven times before their behaviour starts to change.

    Update Software Regularly–

    Experts advise routinely updating all operating systems and application software. When patches are available, install them. When programmes aren’t constantly patched and updated, your network is exposed. Baseline Security Analyzer, a software from Microsoft, may now be used to periodically check that all programmes are patched and current. This is a simple and affordable solution to fortify your network and thwart attacks before they start.

    Develop a cyber breach response plan –

    What would you do if you discovered a data breach when you arrived to work the following day? Surprisingly few businesses have a reliable breach response strategy in place. Both the company and the employees can understand the potential losses by creating a thorough breach preparedness strategy. Employees want to know the truth; therefore, an employer should be very open about the extent of the violation. A sound response strategy can reduce lost productivity and stop bad press.

    Setting strong passwords –

    One thing that security professionals will emphasise when they visit your organisation to train your staff is the importance of routinely changing all passwords. The majority of people are now aware of how crucial it is to make passwords challenging to crack. We have mastered the use of capital letters, numbers, and special characters when creating passwords, even on our home PCs. Make it as difficult as you can for hackers to enter and steal your belongings.

     

     

     

     

  • A complete guide on Cloud Computing

    A complete guide on Cloud Computing

    One of the technologies influencing how we work and play is cloud computing. The cloud helps businesses eliminate IT problems and promotes security, productivity, and efficiency. It also enables small enterprises to utilize cutting-edge computing technologies at a significantly lesser cost. Here is what you need to know about the cloud and how it can benefit your company.

    On-Demand Computing

    The term “cloud” describes online-accessible servers and software that anyone can use. You are spared from hosting and managing your hardware and software as a result. Additionally, it implies that you can use these systems from any location where you have internet access.

    Every day, you encounter cloud computing. You are accessing data that is kept on a server somewhere in the world whenever you check your Gmail inbox, look at a photo on your Dropbox account, or watch your favorite shows on Netflix. Even though the emails, videos, or other files you require are not physically present on your computer, you may quickly, simply, and affordably access them owing to contemporary cloud computing technology.

    Public, Private, and Hybrid Cloud

    Private, public, and hybrid deployment strategies are the three main types of cloud computing. In the end, all three models will give customers access to their business-critical documents and software from any location, at any time. It all depends on how they approach the task. The kind of cloud you should use for your company depends on several variables, including the purposes for which you intend to use it, applicable laws on data storage and transmission, and other aspects.

    Private Cloud

    A single entity is served via private clouds. While some companies construct and manage their ecosystems, others rely on service providers to do so. In either case, private clouds are expensive and hostile to the cloud’s advantages for the economy and IT labor productivity. Private clouds, however, are their sole choice because certain organizations are subject to greater data privacy and regulatory constraints than others.

    Public Cloud

    Distributed across the open internet, public clouds are hosted by cloud service providers. Customers can avoid having to buy, operate, and maintain their own IT infrastructure by using the most widely used and least-priced public clouds.

    Hybrid Cloud

    A hybrid cloud combines one or more public clouds with private clouds. Imagine you operate in a sector where data privacy laws are extremely rigorous. While you don’t want to host legally required data in the cloud, you do want to be able to access it there. To access data saved in your private cloud, you also want to deploy your CRM in the cloud. Using a hybrid cloud is the most sensible choice under these circumstances.

    Everything as a Service

    The cloud “stack” is made up of numerous levels. The collection of frameworks, tools and other elements that make up the infrastructure supporting cloud computing is referred to as a stack. Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) components are included in this. Customers that use these services have varied degrees of control and accountability over their cloud environment.

     

     

    Infrastructure as a Service

    The customer oversees managing everything with IaaS, including the OS, middle-ware, data, and applications. Other duties, including virtualization, servers, storage, and networking obligations, are handled by the service provider. Customers are charged by how many resources, including CPU cycles, memory, bandwidth, and others, they consume. Microsoft Azure and Amazon Web Services are two examples of IaaS products.

    Platform as a Service

    Customers can create, test, and host their applications using PaaS solutions. The consumer oversees managing their software and data; otherwise, the service provider takes care of everything. You don’t have to be concerned about operating systems, software upgrades, or storage requirements if you use PaaS solutions. Customers of PaaS pay for any computing resources they use. Google App Engine and SAP Cloud are a couple of examples of PaaS technologies.

    Software as a Service

    Customers acquire licenses to utilize an application hosted by the provider under the SaaS model. Customers often buy annual or monthly subscriptions per user instead of how much of a certain computer resource they consumed, unlike IaaS and PaaS models. Microsoft 365, Dropbox, and DocuSign are a few popular SaaS products. Small firms that lack the capital or IT resources to implement the most cutting-edge technologies would benefit greatly from SaaS solutions.

    Benefits of the Cloud

    Reduced IT costs: By using cloud computing services, recurrent costs for monitoring and maintaining an IT infrastructure can be greatly decreased.

    Scalability: When necessary, developers can increase storage and processing capability by using cloud services. Additionally, development teams do not have to spend time or money upgrading cloud computing services.

    Collaboration efficiency: For the agile technology sector, cooperation has always been a need. Professionals from all around the world may work and collaborate using current cloud services. With these functionalities, teams may communicate with clients or other teams online while collaborating in real-time and sharing resources.

    Flexibility: Cloud computing can provide a great deal of flexibility in addition to helping to lower operational costs. Developers and other key stakeholders now have easier access to crucial data metrics at any time and from any location.

    Automatic updates: Teams may use the most recent resources available while managing and meeting IT standards thanks to automatic updates. Cloud computing is a popular technology because it allows users to access the newest tools and resources without having to spend a fortune.

     

  • Top IT Trends to look out for in 2023

    Top IT Trends to look out for in 2023

    Technology is still one of the main drivers of global change. Technology advancements give businesses more opportunities to increase efficiency and develop new products. Business leaders can make better plans for the future by keeping an eye on the development of new technologies, foreseeing how businesses might use them, and comprehending the factors that influence innovation and adoption. Keep reading to know about the new tech innovation and trends which will become a critical force for change in the world.

    Artificial Intelligence  

    Artificial intelligence has long been the subject of hype. If you are a tech professional, you might not enjoy how pervasive artificial intelligence has become. For both creative and routine activities, AI has already proven its brilliance in navigation apps, cell phones, and more. The buzz surrounding AI won’t go away anytime soon. It will become more accessible because of the expanding ecosystem of as-a-service platforms and low-code or no-code AI systems.

    Synthetic content is a promising area of AI to keep an eye on. It involves using the AI’s imagination to produce brand-new, unprecedented sights, sounds, or data. We can anticipate seeing the development of AI that is useful in both business and entertainment in 2023. Precedence Research predicts that by 2030, the global AI market would be worth $1,597.1 billion. We may anticipate new opportunities in programming, development, testing, and many other sectors as AI becomes more prevalent in a variety of industries.

    Metaverse

    Metaverse can now be classified as “a more digital environment.” Within the next five years, it is anticipated that the experience of immersive online environments and next-level user experiences will develop significantly. The phrase “metaverse” is used to refer to a highly immersive 3D virtual world that is created by combining AR, VR, and MR technologies by developing a virtual environment in which users can engage in social interaction, play games, do commerce, and more. The online experience is enhanced by the metaverse platform.

    The metaverse has the potential to open doors to new artistic, social, and professional opportunities in 2023. In the next five years, the tech giant Facebook plans to add 10,000 new, highly trained jobs for the metaverse. Talented metaverse engineers, marketers, architects, and visionaries will have more opportunities as a result.

    Blockchain

    Blockchain technology has become more and more popular, and many sizable firms are headed in that direction. As a result, there is a huge need for developers in the field of blockchain technology. The network’s decentralization, security, and data privacy are among blockchain’s advantages. Applications for blockchain technology go well beyond digital currency like bitcoin. Blockchain’s worth will significantly rise, reaching $176 billion by 2025 and $3.1 trillion by 2030, as predicted by Gartner. Whether they are little businesses or established corporations, everyone wants a piece of the blockchain industry.

    Quantum Computing

    There is a contemporary competition taking place on a worldwide basis to develop quantum computing. Quantum computing, which uses subatomic particles to develop new ways to process and store data, is expected to make it possible for computers to be a trillion times faster than the fastest regular processors currently available. The concern around quantum computing is that it might make our current encryption methods obsolete.

    Therefore, any country that makes significant investments in the development of quantum computing will have the ability to decrypt the encryption used by other countries, corporations, security systems, and other entities. In 2023, keep an eye on this development as nations including the US, UK, China, and Russia invest heavily in the creation of quantum computing technology.

    Hyper-automation

    Hyper-automation enables the automatic completion of repetitive tasks without manual or human input. It modifies both new and existing gear and processes using robotic process automation (RPA), machine learning, and artificial intelligence (AI). By using digital transformation to improve cost and resource efficiency, a business can prosper in a more competitive world. To succeed in the current market, businesses must increase production, cut costs, and run more effectively. With the aid of hyper-automation services, you can advance.

    Datafication

    The transition of all the physical items in our lives into data-driven digital gadgets is known as datafication. In conclusion, it converts labor-intensive, manual processes into data-driven technologies. Data has been a part of everything for longer than we can remember, from our cell phones to our workplace software, industrial machinery, and AI-powered products.

    As a result, handling our data in a secure and safe manner has become a sought-after skill in our sector. Datafication can turn unprocessed data into knowledge if done correctly. This has already been advantageous to numerous businesses.

    Industry Cloud Platforms

    Businesses can increase the flexibility of their workload management by using industrial cloud platforms. They can expedite adjustments to data analysis, corporate operations, and compliance processes. To enhance adaptability, quicken time to value, and meet the demands of vertical industry sectors, they combine platforms, software, and infrastructure as a service.

    Sustainable Tech

    In the future, we’ll start to see a move toward sustainable technology. We all rely on technology, including computers, cell phones, and tablets, but where are the parts needed to make these devices come from? The public will be more interested in where rare earth materials come from and how we use them. Additionally, we use cloud services like Netflix and Spotify, which continue to operate in big data centers that use a lot of electricity. As consumers demand energy-efficient goods and services supported by more sustainable technologies, efforts to boost supply chain transparency will probably continue in 2023.

     

  • Connectivity in 2023 – 5G and beyond

    Connectivity in 2023 – 5G and beyond

    What is the future of connectivity? There’s a dramatic acceleration currently underway. Network-connected device types are multiplying, bringing important implications for the ecosystem of wired and wireless technologies, products, and services—all providing a foundation for tomorrow’s digital economy.

    5G is transforming connectivity. It can potentially change India’s socioeconomic fabric and transform society at large. Providing pan-India connectivity through Fixed Wireless Access (FWA) services could be a game changer, especially in rural areas. 5G is expected to spawn new avenues of economic growth through high-speed internet connectivity in households, improving fixed broadband penetration significantly. 5G has the potential to address some of the basic challenges owing to the lack of optimum infrastructure in sectors such as healthcare and education. 5G is likely to improve access to education and the quality of virtual learning.

    There is no doubt that commercial deployment of 5G will necessitate major ecosystem changes in terms of spectrum usage, network infrastructure, and devices. It is therefore imperative for the government to price spectrum reasonably and rationalize taxes so that 5G services can be implemented seamlessly. It will not only have use cases unique to the country, such as driver-less vehicles, smart healthcare, smart agriculture, smart transportation, etc, but it would also revolutionize business landscapes and networks.

    The transition to 5G will unlock new opportunities and revenue streams through innovative business models. It will bolster the start-up ecosystem and enable India to be an R&D hub for 5G technology and use cases. Developing 5G applications is likely to have a huge impact across industries.

     

    New customers, increased revenue

    Fundamentally, the main draw of 5G from an operator’s perspective is the potential to add a significant number of new subscribers, and as a result, greatly increase revenues. As interest grows amongst prospective customers and they begin to reach out and explore their options, customer care agents will need to be able to answer questions about coverage and serviceability which will require them to have access to accurate, real-time information.

    The arrival of 5G brings numerous advantages, but it will also place mobile operators in the unknown territory from a planning perspective. To help them navigate this environment they need the right support. The right tools are also helpful for addressing the technology hurdles commonly associated with FWA planning processes, including 5G outdoor and indoor fixed terminal placement. Simultaneously, such tools are also key to unlocking advanced coverage and traffic analysis, combined multi-technology planning, site selection, and ‘what-if’ scenarios.

    5G is undoubtedly a disruptive technology that will drive revenues and business growth in the years to come – to guarantee its success, operators will have to pay close attention to planning and optimization.

    India is on track of becoming a trillion-dollar digital economy and the evolving digital metrics are creating inroads for newer technologies and solutions. As digital adoption continues to grow phenomenally, India is all set to experience 5G and mobile-led technologies in a big way by being one of the few countries in the world that are ready to commercially adopt and deploy the 5G ecosystem.

     

    The future of connectivity

    Human augmentation is about highly immersive experiences and enhanced human-computer interfaces allowing humans to become a part of the internet, not just users of it. We’re increasingly moving away from the two-dimensional screen to devices driven by augmented reality, virtual reality and many other innovations.

    This technology will greatly impact how we perceive the world around us. We will be able to sense nearby pollution levels and know about safety risks in the workplace. Furthermore, it will allow people with the most serious mobility issues to walk unassisted.

    Digital-physical fusion is a separate but related idea that means connecting physical assets with digital versions of themselves, a technology already beginning to emerge. Advanced factories and logistics sites currently run digital twins of their production lines, warehouses and vehicles to increase productivity and lower operating costs. By 2030, the technology will spread, not only to other sectors – making dangerous environments, such as mines, much safer – but across society. You or I could have a digital twin of ourselves; the recent discussion around the “metaverse” gives a pretty good indication of where we may end up.

    Despite being more flexible, reliable and high-capacity than ever, today’s networks cannot provide the required level of service for these emerging technologies. As a result, the way networks are built and consumed will need to change significantly in the coming decade. Some requirements will be met naturally, as the technology cycle of telecom continues to turn and existing products and services are refined. Some needs will call for networks to adapt in three new and specific ways in the coming years.

  • Uprising of the Indian IT sector and it’s future

    Uprising of the Indian IT sector and it’s future

    The 21st century is commonly recognized as the era of technology. This Information Age is marked by newer technologies which are in regard toward problem-solving and critical thinking. As far as our country is concerned, the future of the IT industry in India is quite bright, given the tremendous rate of globalization and industrialization.

    The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country’s GDP and public welfare. The IT industry accounted for 7.4% of India’s GDP in FY22, and it is expected to contribute 10% to India’s GDP by 2025.

    According to the National Association of Software and Service Companies (Nasscom), the Indian IT industry’s revenue touched US$ 227 billion in FY22, a 15.5% YoY growth. And according to Gartner estimates, IT spending in India is expected to increase to US$ 101.8 billion in 2022 from an estimated US$ 81.89 billion in 2021.

    The Indian software program product industry is predicted to attain US$ 100 billion by 2025. Indian organizations are focused on investing across the world to expand their global footprint and enhance their international delivery centers. The IT enterprise introduced 4.45 lac new employees in FY22, bringing the overall employment in the region to 50 lac personnel.

    Artificial intelligence and machine learning are set to determine the destiny of IT corporations in India. More and more corporations in India are opting for newer technologies to facilitate better functionality.

    Governance around IT

    Some of the major initiatives taken by the government to promote the IT and ITeS sector in India are as follows:

    • In August 2022, the Indian Computer Emergency Response Team (CERT-In), in collaboration with the Cyber Security Agency of Singapore (CSA), successfully planned and carried out the “Synergy” Cyber Security Exercise for 13 countries to build network resilience against ransomware attacks.
    • In June 2022, STPI Director General Mr. Arvind Kumar stated that exports through STPI units have increased from Rs. 17 crores (US$ 2.14 million) in FY92 to Rs. 5.69 lac crore (US$ 71.65 billion) in FY22.
    • In May 2022, it was announced that Indians can now avail of their Digi-locker services through WhatsApp to get easy access to their official documents.
    • In April 2022, the Indian Computer Emergency Response Team (CERT-In) issued Directions to strengthen cybersecurity in the country.
    • In the Union Budget 2022-23, the allocation for the IT and telecom sector stood at Rs. 88,567.57 crores (US$ 11.58 billion).
    • The government introduced the STP Scheme, which is a 100% export-oriented scheme for the development and export of computer software, including the export of professional services using communication links or physical media.

    The Road Forward

    India is the topmost offshoring destination for IT companies across the world. Having proven its capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entire new gamut of opportunities for top IT firms in India.

    The Indian IT & business services industry is expected to grow to around INR 1700 crores (US$ 19.93 billion) by 2025. Spending on information technology in India is expected to reach over INR 1200 crores (US$ 144 billion) in 2023. The cloud market in India is expected to grow threefold to over INR 580 crores (US$ 7.1 billion) by 2022 with the help of the growing adoption of big data, analytics, artificial intelligence, and the Internet of Things (IoT).

    As per a survey by Amazon Web Services (2021), India is expected to have nine times more digitally skilled workers by 2025.

    In November 2021, Mr. Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food, and Public Distribution and Textiles, lauded the Indian IT sector for excelling in its competitive strength with zero government interference. He further added that service exports from India have the potential to reach INR 83000 crores (US$ 1 trillion) by 2030.

    All in all, the future of the IT industry in India looks promising. While data security might be a big challenge, it will be exciting to witness the turn of events. Apart from the nation’s perspective, one can make the best of the changing IT industry by upskilling themselves.

  • Digitization – the future of energy generation

    Digitization – the future of energy generation

    The world is going through a massive shift in the ways things used to be done. Now accomplishing set goals is not only a man’s job but is integrated with a fair amount of technology. Digital transformation in every industry is quite evident and can be seen in the power sector as well. From power plant management to consumer services, basically, now every step in the process utilizes digital resources.

    Post-Covid, power production is currently embracing digitization in its work process which includes production, dissemination, and consumption of energy. Some of the promising tech tools helping this sector are:

    MACHINE LEARNING

    Digital technology is establishing its roots right from the start of the process. In power plants, nowadays, management has become automated in terms of turbines, ranches, windmills, solar parks, and even in old hydroelectric systems. Here, sensors are installed which makes it feasible to gather data from a turbine, dam, or line continuously and send it to a unified control room. Here the utilization of imaginative programming empowers administrators to recognize odd information and this analysis helps in distinguishing threats, differences, and performance. This is known as predictive maintenance.

    This data-driven approach not only engages a particular plant but the other power-producing resources along with it and the client’s power system if involved in the business. These machine learning algorithms and advanced software rely on big data coming from all the sources put to compassion which results in better management of the system and efficient production.

    ARTIFICIAL INTELLIGENCE

    A possibility is the most valuable gift technology gave to mankind. AI has been a promising contributor which continuously works on the sighting of likely anomalies and shortcomings that, while not compromising the working of a plant, can decrease its efficiency. Therefore, actions can be advised to improve and handle the plant’s performance thus, fulfilling every short-term and long-term project goal.

    In field operations, instruments like robots and drones can establish assessments, decrease the required time, and expand precision and productivity while disposing of the dangers to individuals, who used to carry out these tasks themselves. Using digital simulations, technicians can receive comparable training which will enable them to tackle field situations with more tools made available to them.

    SMART GRIDS

    The most evident change and effect of digital transformation are seen on the grids which are utilized to distribute power. Electronic meters enable smart grids, which makes it possible to manage and balance the electricity system efficiently. Power circulation networks are open, adaptable, and comprehensive playing an important part in energy efficacy. In addition, a savvy board of the organization helps effectiveness and decreases wastage, and benefits the environment.

    The energy transition is a phenomenon that goes beyond the simple generation of clean electricity. Digitization, involves everyone, producers and consumers. A completely digitized power plant will focus on upgrading execution progressively and working in a protected and stable way — upheld via automated reporting, guided issue resolution, and digitized control strolls. Top-notch dependability can be kept up with while diminishing arranged blackout time and support costs. Data analytics and digital-process support are the actual keys.

    ROBOTICS PROCESS AUTOMATION

    RPA adoption lies at the center of many enterprises’ digital transformation efforts. Today, RPA is driving new efficiencies and freeing people from repetitive tedium across a broad swath of industries and processes. It streamlines workflows, which makes organizations more profitable, flexible, and responsive. It also increases employee satisfaction, engagement, and productivity by removing mundane tasks from their workdays. Even though there is still a skeptical opinion about digitization and automation in the Energy and Utility industry, automation front-runners and leading companies see the benefits of implementing RPA just in a few months and are expecting more promising results.