AI start-up Innefu Labs will invest the funds raised from IndiaNivesh in product and technology development, team expansion and overseas launches
Source: LivemintFlipkart has to justify the fundraising and the eBay India acquisition by keeping Amazon India at bay and cutting costs
Source: LivemintAfter the fundraising from Microsoft and eBay, Flipkart may get more capital soon as SoftBank may invest in the e-commerce firm if Snapdeal's sale goes through
Source: LivemintActive.ai will use the fresh funds to improve the technology behind its platform and focus on getting more customers in Asia and north America.
Source: LivemintNeil Jacobstein, who chairs the artificial intelligence (AI) and robotics track at Singularity University on the Nasa Research Park campus, talks about the issues around AI
Source: MintExperts believe adoption of AI in developing countries will be much faster than in developed nations, as the magnitude of change it will bring will be far larger. Alnoor Peermohamed reports.
Source: RediffInnovation Distinguishes Between A Leader And A Follower. - Steve Jobs
Source: Inc42The Internet giant Google on Wednesday said it will mentor six more Indian startups in Artificial Intelligence (AI) and Machine Learning (ML) at its developers' launchpad in San Francisco from July 17.
Source: YOURSTORYStates in the US are looking to roll out the red carpet for Indian IT services companies, with Indiana offering as much as $31 million in incentives to Infosys as it looks to drum up jobs in the sector.
Source: ETWith the emergence of Artificial Intelligence (AI), Machine Learning (ML), Big Data, cloud computing and other concurrent new age technologies, the legacy IT companies and teams need to relook at their internal processes and structure.
Source: Financial ExpressArtificial intelligence is being counted among the most happening technologies in India of late, but the highly specialized segment is yet to receive the attention it should from the business segment.
Source: CXO TodayInfosys co-founder Kris Gopalakrishnan said he hadn't seen or heard anything about massive layoffs.
Source: NDTVIndia's $150 billion IT industry is in the midst of a major upheaval. Pressurised by lower margins and rising costs, IT companies are switching to automation.
Source: NDTVFor Grishma, an Indian software designer, President Donald Trump's review of the visa programme for bringing highly skilled workers into the United States comes at a bad time.
Source: NDTVThe world has changed almost overnight, and yet Indian IT firms seem to be reluctant to take the plunge to radically overhaul their operations, wean themselves off the traditional model, and undergo some short term pain so they can compete in the digital present and future. Here's a to-do list that they may find helpful.
Source: ZDnetThe Indian IT industry would do well if it upgrades its capabilities and offerings in line with emerging technologies and market imperatives.
Source: MintPune CBSE Class XII topper, Akshat Chugh, bagged all-India second rank in the IIT-JEE (Advanced) 2017, with 446/450. A resident of NIBM Road, Akshat had scored 98 per cent in the recently-announced CBSE Class XII results.
Source: Indian ExpressMake in India, Digital India, Startup India and the Smart Cities project were all aimed at creating jobs for the country's youth, but the government has failed to deliver on that promise.
Source: The WireIncrease in the number of jobs available in analytics is nearly twice that of the previous year, according to the Analytics & Data Science India Jobs Study 2017.
Source: NDTVInfosys CEO Vishal Sikka refutes the general impression that Indian IT industry's outsourcing business is dependent on H-1B visa, rules on which are being tightened by US President Donald Trump
Source: LivemintWhether you're fresh out of engineering college or a few years into your career, all the bad news surrounding India's IT industry is understandably a cause for concern.
Source: QZRight now, many data science jobs require a Ph.D. Here's how companies can help employees who lack advanced degrees get on this career track.
Source: TechrepublicWhen it comes to delivering intelligent Cloud experience, robust artificial intelligence (AI)-driven solutions are going to decide who is better equipped to provide enterprises with extended capabilities, says a key IBM executive.
Source: ETWith their relationship with America going cold, India's information technology (IT) giants are warming up to Europe.
Source: QuartzOver 60 per cent of marketers in India believe new-age technologies are going to impact their workplace practices and consider it the next big disruptor in the industry, a new report said on Thursday.
Source: ETKellyOCG India's Francis Padamadan says artificial intelligence, machine adoption is on the rise in India, but there is negligible talent with experience in deep learning.
Source: LivemintWhen it comes to making machines to perform tasks that humans have done for years, the United States, China and India are far ahead of anyone else, according to a top tech industry executive.
Source: CNNIndia is way ahead of many other countries in implementing artificial intelligence (AI). Well over half-58%-of the companies that are using AI in India are working with the technology at scale, i.e., they are going beyond pilot and test projects and adopting the technology at a larger scale, says a Capgemini report released this month. The report is based on a survey of nearly 1,000 companies that are using AI and have revenues of over $500 million across nine countries. It was conducted between March and June 2017.
Source: QuartzArtificial intelligence (AI) will replace some of the existing jobs, however, it will create more jobs in future as more and more sectors besides e-commerce such as retail and manufacturing will start to leverage from it, a top Amazon India executive said on Monday.
Source: Money ControlA study from Redwood Software and Sapio Research released October 4th revealed that IT leaders believe automation could impact 60% of businesses by 2022 and threaten jobs in the process. Now, a new, separate report from PwC, the second biggest professional services firm worldwide, suggests a similar timeline; one in which people may need to practice and learn new skills - or be left behind as automation takes over.
Source: FuturismFounded by 26-year-olds V P Rahul and Rijin Ramesh, the platform offers customers virtual chat assistant to address business queries without delays.
Source: YourstoryArtificial intelligence, as the name suggests is the tech behind artificially recreating human intelligence, by making a software that understands repetitive human habits.
Source: YourstoryWho would have thought that the stories around self-driven cars could actually come true, so much so that machine learning algorithms can enable computers to communicate with humans, drive cars, play games and do things human cannot do.
Source: YourStoryCorporate houses discussed ways in which converging technologies should be responsibly harnessed to drive growth.
Source: Your StoryAiming to reduce the possibilities of signals failing, Indian Railways has undertaken remote condition monitoring of the system, a new approach for the national transporter, to predict failures through the effective use of Artificial Intelligence.
Source: ETA whopping 93 per cent of Indian workers feel positive about meeting bots and virtual assistants at their workplace, a survey conducted in 10 countries has found.
Source: ETInfosys, Wipro and other Indian IT firms are toeing the IBM line to start separate business units for new tech such as Artificial Intelligence and Automation
Source: MintFew weeks after announcing a partnership with Cambridge Judge Business School, and earmarking Rs 200 crore for foraying into Southeast Asian Markets and the Middle East.
Source: YourStoryOnly three institutes, including two IITs, from India, have found a place in the top 150 in the latest released Times Higher Education Global University Employability Ranking 2017.
Source: MoneycontrolRemember not to give your self-esteem (or power over your personal money) to someone else while quitting your job. You can quit whatever you want.
Source: Your StoryExpect more bank jobs to go because of automation and the digital economy push
Source: Financial ExpressIn tough and uncertain times it's perhaps easier for the small, nimble footed companies to change rather than for multi-billion dollar giants.
Source: ETGoogle, in association with technology learning platform Pluralsight and educational institution Udacity, announced a new scholarship programme that will help train 1.3 lakh developers and students across the country.
Source: TechobserverTechnology's transformative nature is like that of an excited particle that alters the status quo of any physical space it enters. A little glimpse into the dynamic digital world is indicative of how technology has given a whole new meaning to education.
Source: YourstoryAt Re:invent, Amazon launches more than 12 automated services that let engineers scale up deployment of applications on the cloud on a real-time basis instead of old-style manual provisioning.
Source: Your StoryDriverless cars may put drivers out of business and recruitment automation may take away the jobs of some HR professionals, but we must remember that while 'routine' work gets automated with machine learning and AI, 'knowledge' work will still require human intervention
Source: Financial ExpressA Bangalore-based startup is claimed to have become the first company in the world to successfully complete a difficult 20-part challenge in Artificial Intelligence created by Facebook in 2015.
Source: Economics TimesSamsung India will hire 2,500 graduates from the country's top engineering institutes over the next three years in what is being billed as one of its largest recruitment drives to ramp up research and development talent.
Source: ETThe upheaval in India's $154 billion tech outsourcing industry has prompted thousands of IT workers to seek solace in online therapy services.
Source: LivemintIndia Inc is promising better pay hikes of 10-15 per cent for the right talent in 2018 after a challenging year for the job market.
Source: TOIIn a push towards introducing Internet of Things, artificial intelligence and machine learning in a bigger way, Samsung will recruit fresh graduates across IITs and other top engineering colleges in 2018.
Source: Indian ExpressAs many as 70 out of 100 BSE-listed companies using MS Cloud, says Maheswari
Source: The HinduAs firms' appetite for the adoption of Artificial Intelligence (AI) grows, a report on Thursday said 68.6 per cent Indian organisations might deploy it before 2020.
Source: Indian ExpressWill Artificial Intelligence replace the current jobs, or will it create new jobs five years from now? It is analyzed that AI will either be the game changer in Indian industries or it will fail to impact the Indian market.
Source: SanvadaAakash K did the graveyard shift answering queries of US customers for a call centre. The job paid him well enough to be able to pay off his EMIs and live in Mumbai.
Source: FirstpostFlipkart to invest hundreds of millions of dollars in AIforIndia, hire artificial intelligence experts, build infrastructure
Source: MintFor IT Techs in India, 2017 has not been a good year. For a number of years, India has been one of the world's top employment generators, but hiring has plummeted and layoffs are hitting companies, big and small.
Source: Digital JournalIndia's information technology industry is expected to add between 1.8 lakh to 2 lakh jobs in 2018. This will largely be due to digitization, according to staffing firm, TeamLease Services. Alka Dhingra, general manager, IT staffing said in a statement "2017 was a year of disruption for telecom and IT industry
Source: HOB TeamAround 56,000 engineers have been laid off by Indian IT giants like Wipro, Infosys, Cognizant and others in 2017. The layoff numbers of 2017 were double that of 2016. The reason cited was their lack of preparation for newer technologies. Less than 5% of Indian techies are said to be equipped to handle high-skilled jobs.
Source: HOB TeamThere has been an increased appetite towards the adoption of artificial intelligence (AI) by Indian companies.This, in turn, may spike organisation spends on this tech, over the next 18 months, says an Intel India commissioned report, undertaken by the International Data Corporation (IDC)
Source: TOIIndian AI Startups Raised About $87.85 Mn In 2017
Source: Inc42Many of the existing jobs will evolve and 37% of the workforce will likely be deployed in roles requiring radically changed skill sets.
Source: ScrollAccording to Pricewaterhouse Coopers report, using different data sets to make predictions, including predictions for shopping, is currently the biggest focus of Artificial Intelligence (AI) globally.
Source: NewsbytesappDigital disruption, artificial intelligence and a roller coaster of a job market are changing the way we work. The ability to adapt to new workplace requirements will determine future success for both the employees and the organisation.
Source: ETLayoffs and hiring freezes in Indian IT are likely to continue in 2018, but it's not as hopeless as it seems.
Source: QZWhat doesn't kill you, makes you stronger. That's probably the prescription pill for the $150 billion IT industry that faced multiple headwinds in the form of increased visa scrutiny and slowdown in client spending this year.
Source: Gadgetsnow11 IoT Startups That Might Disrupt The Indian Market With Their IoT-enabled Products.
Source: Inc422017 was definitely the year of Artificial Intelligence (AI). With plenty of breakthroughs like Google's AlphaGo Zero making headlines, the year also provided a launchpad for several AI startups to establish themselves in the new tech sphere.
Source: YourstoryJobs involving artificial intelligence, machine learning, and big data have become mainstream of late.
Source: ScrollIn an interview with ET Now, R Chandrasekhar, Nasscom, says while India accounts for 70% of US H1-B visas, Indian IT companies account for less than 15% of the visas but definitely the move on green card applicants will impact India.
Source: ETWhile a number of men opted for 10-year AI/ML courses, women were more inclined to go in for shorter 1-3 year courses.
Source: Deccan ChronicleAutomation, machine learning and other emerging technologies have made it necessary for IT employees to learn new skills.
Source: NDTVThe finals of the Wharton India Startup Challenge-a conference that connects emerging startups with investors and allows them to pitch their business ideas-saw several startup entrepreneurs taking the stage to present their ventures to a team of judges that included Rehan Yar Khan (Managing Partner, â??Orios Venture Partners), Sandeep Murthy (Partner, Lightbox Ventures), Shivani Bhasin Sachdeva (MD & CEO, India Alternatives), Karan Mohla (Executive Director, IDG Ventures India), Preeti Sinha (Senior President and Global Convenor, YES INSTITUTE at Yes Bank Limited) and Vishal Khare (Director, Enterprise, Citrix India and Angel Investor).
Source: YourstoryUnlike big corporations, SMBs do not have the budget to create their own tools. This is where already available tools and platforms in the market can help your business.
Source: YourstoryThe challenge of skills is looming large on the Indian automotive sector. While captains of industry and apex associations SIAM and ACMA are already seized of the enormity of the issue, a new survey has reiterated the concern. The automotive industry currently accounts for employing about 19 million people both directly and indirectly.
Source: AutocarproIndia's first smart street lighting project being implemented for the pink city of Jaipur has a bit of artificial intelligence (AI) in it. Microsoft Azure Internet of Things (IoT) is powering the project that targets replacing all 1.98 lakh conventional street lights with Samudra LED lights.
Source: DNA IndiaHugh White makes the case that America's influence is decreasing in Asia and China is on the eventual but inevitable path to dominating Asia.
Source: NextbigfutureIndustries globally, including in India, are going through a seismic change today when it comes to embracing disruptive technologies like Machine Learning (ML) and Artificial Intelligence (AI).
Source: YourstoryWith respect to the different sectors, automation could have an impact on the hikes and only individuals with specified skills that cannot be replicated by a machine will be at an advantage
Source: MoneycontrolAbout 55 percent of companies are looking to increase their headcount in 2018, according to Mercerâ??s 2017 India Total Remuneration Survey.
Source: MoneycontrolAbout 55 percent of companies are looking to increase their headcount in 2018, according to Mercerâ??s 2017 India Total Remuneration Survey.
Source: MoneycontrolThe year 2018 will be one of artificial intelligence 'operationalisation' as more services integrate AI systems in their core offerings. The age of artificial intelligence (AI) is upon us. Every aspect of life will soon be altered - and sometimes defined - by AI.
Source: YourStoryBollywood actor Shah Rukh Khan will host a new Indian show by an augmented reality UK company to highlight how computer vision can empower more than 750 million people globally who cannot read or write.
Source: Tribune IndiaIt's no coincidence that at about the time that Google CEO Sundar Pichai has professed the company was moving into an 'artificial intelligence first' world, the Internet giant is backing AI start-ups in India to help it achieve that goal.
Source: The HinduAmazon India is fast increasing the adoption of machine learning technology in order to cut product returns, improve the speed and accuracy of product deliveries
Source: LivemintWith an aggressive and expansionist China growing as a challenge to both India and Japan, the two countries are increasingly looking at the world from a similar lens.
Source: The Times of IndiaUnder siege by robots and hampered by outdated skills in an environment of drastic change, India's tech workers and tech giants are increasingly leaning on online education outfits for a much-needed reboot.
Source: ZdnetKellyOCG India's Francis Padamadan says artificial intelligence, machine adoption is on the rise in India, but there is negligible talent with experience in deep learning
Source: LivemintIn the span of a month, US President Donald Trump went about slashing corporate tax rate in America from 35% to 21% to get back jobs, while India Prime Minister Narendra Modi upped the ante at Davos, Switzerland, of his nation's tryst with globalisation. India is committed to being an open market, he said.
Source: ETA future world where the physical and digital lines don't exist and all that remains is a connected experience, where Artificial Intelligence will take over decision-making
Source: LivemintThe domestic surgical robotics industry is estimated to grow at a 20% CAGR to be worth $350 million in 7 years
Source: Business StandardArtificial intelligence has been the catchphrase in recent times, but did you know that it has been written about for years now? These books will help you get started on understanding the concept's past and future relevance.
Source: YourstoryIt suggested six key areas that can be taken up as national missions to promote India's R&D capabilities, i.e. National Mission on Cyber Physical Systems,national missions on dark matter, genomics, energy storage systems, mathematics and agriculture
Source: MoneycontrolThe company has roped in Ayush Sharma from Silicon Valley on board as senior vice president of engineering and technology which will drive the business around IoT.
Source: TrakSamsung would enlist 1000 engineers from premium institutes in India for its three research and development facilities in India. The recruits will work on artificial intelligence, machine learning, 5G, and more new age domains.
Source: Business TodayIt suggested six key areas that can be taken up as national missions to promote India's R&D capabilities, i.e. National Mission on Cyber Physical Systems,national missions on dark matter, genomics, energy storage systems, mathematics and agriculture
Source: MoneycontrolIndia has a severe shortage of engineers in these technologies, especially when countries like the US have a talent pool of 850,000 AI engineers.
Source: YourstoryNearly two-thirds (64%) of APAC respondents say Artificial Intelligence (AI) has changed the way recruiting is done in their organization, with 76% saying using AI as a sourcing tool generates higher-quality candidates.
Source: ETEmployer demand for AI-related roles has more than doubled over the past three years, according to Indeed.
Source: Tech RepublicJapan will open up its doors to about two lakh IT professionals from India, and issue green cards to settle down in Japan and support the country's rapidly expanding IT infrastructure, said Shigeki Maeda, Executive Vice President at Japan External Trade Organisation (JETRO), a government body, here on Thursday.
Source: ETA realistic understanding of AI, along with practices to transform industries, is required to capitalize on its benefits
Source: LivemintIn good news for employees, hiring activity is expected to remain favourable across sectors for April-June 2018, a survey which tracked over 4,600 employers said, with wholesale and retail anticipating the strongest net employment outlook.
Source: TOIThe best jobs right now in the planet include titles like data scientist, data engineer, and business analyst. Yet too often, employers find it hard to acquire the right person for a job. There is a persisting gap between the skills possessed by the current or the emerging workers and the abilities required by the business.
Source: HOBGoogle plans to help India advance technologically and organized a workshop on artificial intelligence (AI) and machine learning in Bengaluru today. There were several distinguished guests present in the event and famous computer scientist Jeff Dean along with Vice President of Engineering at Google Prabhakar Raghavan, kicked off the workshop by sharing Google's future plans for AI and Machine learning.
Source: HOBDream of sitting on a bean bag and working, if yes than Google is the place for you. Google is looking for people for its multiple locations. The company claims to be an engineering firm and hires people with a broad set of technical skills and who are ready to take on the challenge of changing the world.
Source: ReutersThe month of March is commonly known as the 'closing month' for financial year of companies, and it is this month that firms come out with job opportunities.
Source: Indian ExpressFacebook has a number of current openings and has invited applications from interested candidates to apply for the same. Check the eligibility criteria and other details. The job location is India.
Source: IE'India is clearly on the digital transformation fast track,' says Anant Maheshwari, president, Microsoft India
Source: HOB'India is clearly on the digital transformation fast track,' says Anant Maheshwari, president, Microsoft India
Source: HOBIn the early 1990s, IBM, one of the world's largest technology companies, launched its research arm in India just to provide back-end support to its global business. Two decades on, IBM Research is at the heart of innovation that the New York-based firm is working on.
Source: QZReliance is set to pick up a majority 72.69 percent stake in online education platform Embibe, which uses data analytics to deliver personalised learning outcomes to students.
Source: HOBIn a concerted effort towards making India a leading nation in the field of artificial intelligence, Prime Minister Narendra Modi has asked Niti Aayog to familiarise all ministries with the high-end technology and explain how it can be leveraged to address the country's socio-economic problems.
Source: HOBAs more and more Indian firms look to leverage big data for various aspects of their businesses, data science and analytics professionals are having their day in the sun.
Source: HOBThe use of Artificial Intelligence (AI) and robotics at workplaces is expected to double in India in the next three years from current 14 percent to 27 percent - which is higher than the global and Asia Pacific (APAC) average, a survey said on 23 May.
Source: HOBAgainst such a backdrop, the NITI Aayog's recently published working paper, National Strategy for Artificial Intelligence #AIforAll, presents a comprehensive AI vision for India.
Source: HOBIf ever there was a gold rush for data scientist jobs, India would be ground zero - or almost.
Source: HOBThe revenue of India's analytics and business intelligence (BI) software market will reach $304 million in 2018, an 18.1 per cent increase over the past year, according to a Gartner forecast on Tuesday.
Source: HOBThe applications of AI in healthcare are boundless, and healthcare, in turn, is one of the numerous areas where AI can have a significant impact
Source: HOBIndian Navy is planning to incorporate big data analytics and artificial intelligence into their operational functioning of the forces. In the conference of the commanders they reviewed the Navy's "Mission Based Deployments". The purpose of the review is at maximizing benefits ensured from the deployment of Indian Navy ships and aircraft to the dangerous areas within the Indian Ocean Region.
Source: HOBOver the last decade, data has become all-pervasive, rewriting conventional business and governance models, and redefining personal lives.
Source: HOBArtificial Intelligence in banking is more than about chat bots. Here's why banks, especially in India, should consider using the technology
Source: LivemintGopalakrishnan allayed unknown fears of AI, terming it as a transition none can avoid but adopt in due course.
Source: HOBThere is a stark contrast in the demand and supply of data scientists in India
Source: HOBArguing that India has the potential to position itself among leaders on the global AI map "with a unique brand of #AIforAll", NITI Aayog has decided to focus on five sectors: healthcare, agriculture, education, smart cities and infrastructure, and smart mobility and transportation.
Source: HOBHe started coding at the age of 5, created an iOS app at 9, and became the world's youngest IBM Watson Programmer at the age of just 12. Meet Tanmay Bakshi - an AI expert for Google and IBM, a TedX Speaker and a Keynote Speaker for associations like NASSCOM.
Source: HOBThe Indian cloud computing market, currently at USD 2.2 billion, is expected to grow to USD 4 billion by 2020 with an annual growth rate of more than 30 per cent, it added. The rapid growth of cloud-native services and increasing acceptance of cloud-based environments as secure coupled with a need to save costs are driving companies away from traditional data centres (DCs) to cloud environments.
Source: HOBReliance received India's first payment using blockchain. Though blockchain-powered virtual currencies are banned in India, the underlying technology has immense potential across several industries. A look at the basics of blockchain and its future.
Source: HOBThe last few decades have seen exponential growth in the field of Artificial Intelligence (AI). Artificial Intelligence is a sub-branch of Computer science.
Source: HOBIn today's scenario, there are two broad streams of activity in the field of Deep Learning. It is pretty much the same as that in any other field of scientific research.
Source: HOBThe technological knowhow and expertise will also enter the Indian market with an increase in competition.
Source: Ken ResearchThe beer industry has seen various merger and acquisition in India which has concentrated market competition, further and further during the last five years.
Source: Ken ResearchThe entire market of non-alcoholic beverages has grown more effectively with the significant development in the technology of product making.
Source: Ken ResearchAntisocial elements often use social media platforms like WhatsApp to spread fake news and disinformation. The ongoing tensions between India and Pakistan too are seeing people on both sides use the instant messaging platform to run fake campaigns.
Source: HOBIndian market is growing at the fastest pace, in last months many top Machine Learning and Artificial Intelligence has come up and made its own place in the Indian market.
Source: HOBIt has become a necessity to include ethics in AI lest we should wait for a day when we will be overpowered by this powerful technology. The choice is ours.
Source: HOBThe part of the software for NASA operations and US Navy submarines were developed in Central and Eastern Europe CEE. According to the survey, 59% of tech leaders feel a shortage of tech skills. This is where outsourcing steps into the game. Many companies look for the top outsourcing destinations with low-cost development center.
Source: HOBIndia is on the cusp of innovation and is going all guns blazing to digitize the citizen-centric services. One of the greatest challenges testing this collective vision will be to prudently channelize gains, to refine the standard of living of the poorest of poor.
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