Sunday, May 14, 2017

India’s Animation, Visual Effects & Gaming Industry to Grow at 18-22% Per Annum


The many mysteries that have made Baahubali, The Fast and The Furious 8, Jungle Book and Pulimurugan, among others, visually riveting experiences will be unravelled at Bengaluru GAFX 2017. The three-day conference on gaming, 3D animation, visual effects and related topics got off to a flying start on Friday.

Thousands of enthusiasts, including students, attended the inaugural event, workshops and master classes at Hotel Lalit Ashok, Kumara Krupa Road. Experts and movie-makers leveraging advanced techniques such as VFX are among the participants. The state department of information technology and biotechnology, in association with industry body ABAI, is hosting the event.

"Bengaluru being the backyard of graphics innovation and visual effects is the ideal venue for the first conference on graphics and animation. The master classes and workshops will definitely help enthusiasts hone their skills," said information technology minister Priyank Kharge.

There are two sessions on the making of Baahubali on Saturday and Sunday; screenings of Oscar-nominated movies such as Kubo and the Two Strings, Ma vie de Courgette (My Life as a Zucchini) and The Red Turtle. Participants will also get to watch the best animation short films from across the world.

Experts such as David James, Sharon Calahan, Wesley Allsbrook, Golam Ashraf, Alejandro Garcia, Anand Baid will speak on topics as varied as story, physics of animation, cinematography, production design, high-end character creation, 3D character animation, game engine.

Friday, May 12, 2017

Ashok Leyland's Demos Intelligent Exhaust Gas Recirculation iEGR Technology for BS4 Vehicles in India


Ashok Leyland, flagship of the Hinduja Group, and the 2nd largest commercial vehicle (CV) manufacturer in India, has showcased recently its full range of future ready products, based on Intelligent Exhaust Gas Recirculation (iEGR) technology, and industry-leading services at its annual Global Conference 2017 in Bangalore on May 11, 2017.
Pioneering the indigenous development and application of the iEGR technology, Ashok Leyland will be the only domestic OEM to implement this technology successfully for its products above 130HP. Thus, Ashok Leyland has, once again, brought its technology prowess and Indian innovation to the fore for the benefit of its customers.
Intelligent Exhaust Gas Recirculation (iEGR) technology is a simple yet innovative solution to achieving the desired results in order to meet the BS4 norms. This technology is not only better suited to Indian conditions compared to Selective Catalytic Reduction (SCR) technology (based on European technology) but will also prove to be hugely cost effective, easy to operate and hassle-free to maintain. All of which will benefit the Ashok Leyland customer, resulting in better margins compared to products by OEMs which are based on SCR technology.
With iEGR technology as the highlight, the Company displayed a mix of over thirty innovative products and services, featuring trucks, buses, light commercial vehicles (LCVs), simulators, quick service bikes and gensets.
Sharing his views at the Global Conference 2017, Vinod K. Dasari, Managing Director, Ashok Leyland, said, “Ashok Leyland has many innovative class leading firsts to its credit through the years. This showcase of the iEGR technology across our product range bears further testimony of our capability to roll-out technology-led future ready products. More so this indigenous technology will help us deliver on our brand promise of ‘Aapki Jeet, Hamari Jeet’ in multiple ways. For our customers it will mean ease of use and better cost efficiencies. For the environment it will mean more efficient fuel combustion and improved emissions. The indigenous development of iEGR technology will also mean faster time to market and minimal cost of implementation. We will emerge as the only OEM in India to have achieved this.”
Intelligent Exhaust Gas Recirculation
Intelligent Exhaust Gas Recirculation (iEGR) technology is a simple yet innovative solution to achieving the desired results in order to meet the BS4 norms. This technology is not only better suited to Indian conditions compared to Selective Catalytic Reduction (SCR) technology (based on European technology) but will also prove to be hugely cost effective, easy to operate and hassle-free to maintain. All of which will benefit the Ashok Leyland customer, resulting in better margins compared to products by OEMs which are based on SCR technology.
With iEGR technology as the highlight, the company displayed a mix of over thirty innovative products and services, featuring trucks, buses, light commercial vehicles (LCVs), simulators, quick service bikes and gensets.
Taking the brand promise of ‘Aapki Jeet, Hamari Jeet’ further, the company has, in recent years, expanded its network rapidly to cater to its wide set of customers. It has 1000 touch-points with an additional 5000 outlets for Leyparts, the genuine spare parts brand. A service centre at every 75kms on all major highways, Ashok Leyland delivers its “Tatkaal” promise of reaching customers within 4 hours and getting their vehicle back on-road within 48 hours.

National Level Research Reports on Road Safety By UL and NIMHANS

To mark the Fourth United Nations Global Road Safety Week (May 8 – 14),UL, a global safety science leader and National Institute of Mental Health and Neuro Sciences (NIMHANS) has released an exhaustive analytical study titled “Advancing Road Safety in India: Implementation is the Key”. To serve as a ready reckoner, UL and NIMHANS also released a summary study, along with a ‘facts and figures’ report.Intended as a reference document to aid multiple stakeholders in developing comprehensive mechanisms to address the road safety crisis currently afflicting the country, the pan-Indian study delves into the accident data sourced from various government and independent, national and international reports and studies. It also offers a state wise perspective to indicate differential burden of road traffic incidents.

The report examines the impact of rapid socio-economic development and motorization without accompanying prioritization to road safety. It analyzes conflicting data points and under reporting from varied sources, which occur on account of investigation by less trained personnel. The data laden study also scrutinizes the patterns of road related fatalities and injuries across a plethora of criteria – gender, type of road user, economic background of the victim and location (urban/rural). Inferring that the complexity of the road safety problem in India is an amalgamation of varied macro and micro factors, the report lays bare the challenges of addressing the country’s  alarming rate of road traffic incidents – inefficiency in implementation of relevant laws owing to divided responsibility between central and state governments across various ministries, the lack of a coherent data collection system that combines police and hospital records, inadequacy of public infrastructure like well-maintained roads and trauma centres and the absence of in-depth crash analysis that results in ineffective, ad hoc measures to curb accidents, among other reasons.  Key insights from the report are:
·  Based on a summary of available data from Indian studies, it can be concluded that pedestrians (30 – 40 %), two wheeler riders/ pillions (30 – 40 %) and cyclists (approximately10 %) account for nearly 80 % of road deaths and injuries, which is in contrast with official reports due to fallacies in reporting practices.
·  Few Indian studies indicate the number of deaths is likely to be higher by nearly 20 %, while serious injuries are underreported by more than 50 % as compared to official reports.  
·  The five southern Indian states of Karnataka, Tamil Nadu, Kerala, Andhra Pradesh and Maharashtra together accounted for 46.8% of accidents.
·  As per national reports, only 22.1% of accidents and 11.3% of road deaths occurred in the 50 million plus cities in India in 2015. (MoRTH, 2015). Thus, it is clear that large number of road crashes and deaths occur on rural roads (that also include most of the national and state highways) where road safety is yet to gain prominence.
·  Indian Highways (54, 72,144 kilometers) account for 4.84% of road length but contribute to half (52.4%) of road accidents and 63% of road deaths in India.
·  Very few injured and seriously affected persons receive adequate trauma care and situation is worse in rural India.
·  Irrespective of data source and nature, in more specific terms, 100% of the severely injured, 50% of the moderately injured, and 10–20% of the mildly injured will have lifelong disabilities.

The study was released by R. Ramalinga Reddy, Minister for Transport, Government of Karnataka at the national symposium ‘Advancing Road Safety in India’ jointly organized by UL and NIMHANS, where experts also deliberated on the study’s suggestions for positive safety outcomes. The comprehensive reports were developed by the WHO Collaborating Centre for Injury Prevention and Safety Promotion and Centre for Public Health at NIMHANS, Bangalore.

Commenting on the launch of the report, R.A. Venkitachalam, Vice President, Public Safety, UL, said, “It would not be an exaggeration to state that the lack of safety on Indian roads is tantamount to a public emergency. With the recent passage of the Motor Vehicles Bill in the Lok Sabha, there is a renewed vigor on part of the government to gear the country toward safer roads. However, the situation cannot be rectified by one agency alone – multiple stakeholders, from the government, corporates, auto manufacturers, law enforcement, health care professionals, educational institutions and road safety experts need to collaborate on a scientific level to evolve sustainable solution for the problem. At UL, we have always believed in the efficacy of applying science to solve any safety issue. Our association with NIMHANS is one of the most important engagements in India to further our public safety mission. Imbued with varied perspectives, this data rich report is without doubt, a crucial starting point to further advance the agenda of road safety in India”.

Dr G. Gururaj, Head of WHO CC and Centre for public Health at NIMHANS and the author of national road safety reports mentioned that “Road safety in India has been a neglected area amidst rapid developmental policies and programmes and faces multiple challenges in implementation. Essentially road safety is science and requires a scientific approach to address the problem that needs to move beyond simplistic answers. Advancing road safety   needs a framework based on good quality data that should bring multiple stake holders to implement solutions in a convergent manner with systematic monitoring and evaluation of programmes and interventions”.

Mining and Metals Cos to Increase on Digital Tech Spending to Boost Innovation

Four of five mining and metals companies expect to increase their spending on digital technologies over the next three years, with more than one-quarter (28 percent) planning significant investments and almost half (46 percent) citing digital as the biggest contributor to innovation, according to new research from Accenture.

Based on a survey of approximately 200 mining and metals executives and functional leaders worldwide,  the Digital Technology in Mining report shows that the convergence of information and operational technologies (IT/OT) and adoption of cloud computing are advancing the digital agenda, prompting the need for more-stringent cybersecurity measures.

Mining and metals executives said their companies have applied and will continue to apply digital technology over the next three to five years predominantly in mine operations, but also in exploration, mine development and other areas. Most of the investments in mining operations target robotics and automation, named by 54 percent as a top spending area, along with remote operating centers, drones and wearable technologies, each at 41 percent.

“Our research confirms that mining and metals companies are investing in digital led innovation to help them improve operational efficiency, and address issues such as rising capital as well as compliance costs,’ said Sandeep Dutta, Managing Director and Lead, Resources, Accenture in India. 

Organization-wide, the most often cited benefit from current digital technology investments was improved workforce productivity, driven most by mobile/tablet devices (32 percent), automation of mobile and/or fixed assets (30 percent) and simulating physical environments (30 percent). Cost savings across the organization ranked lower as a benefit than improved workforce productivity in general.

The relatively early stages of adoption for certain digital technologies might make it a challenge to identify all areas of bottom-line benefits of digital. However, digital transformation could actually unlock USD $190 billion in value industry wide over the next 10 years, according to an analysis by the World Economic Forum with Accenture Strategy: “Mining and Metals Digital Transformation and the industry’s ‘new normal.’”

Overall, almost all executives (97 percent) said they were satisfied with their digital investments over the past 12 months, with almost two-thirds (64 percent) ‘relatively satisfied’ and one-third (33 percent) ‘extremely satisfied.’

Growth in IT/OT Integration and Cloud Prompts Cybersecurity Measures

Asked to identify the top three barriers to gaining more business value from digital technologies, executives most often cited cybersecurity concerns (37 percent), followed by volatile commodity prices (29 percent), internal data management capability (27 percent) and lack of funding (27 percent).

However, executives cited cybersecurity as the most-widely adopted technology across the organization-wide (32 percent). In addition, 25 percent said they are testing pilot programs for cyber security, and 33 percent have developed or are defining strategies for it.

“Although still in the early stages, mining and metal companies in India are starting to adopt large scale platform solutions, which is driving the growth of cloud in this segment,” said Saurabh Bhatnagar, Managing Director, Mining and Metals, Resources, Accenture in India. He added, “Even as companies evaluate their cloud strategy, they are starting to consider potential cyber security risks, creating mitigation strategies in advance.”

Regarding IT/OT integration, more than half of the respondents (56 percent) reported that their organizations are considering merging their IT and OT departments in the next 12 months, which would advance this trend.

Mining and metals companies are also continuing to adopt cloud computing technologies broadly. Four in five respondents (81 percent) said their companies have implemented some form of public, private or hybrid cloud, and another 17 percent said their company is exploring the use of cloud technology.

Methodology
Accenture conducted an online survey of 201 C-level and top management executives and functional leaders in the mining and metals industry. The survey was fielded in mid-October through mid-November 2016 and included respondents from Australia, Brazil, Canada, Chile, China/Hong Kong, Indonesia, India, Singapore, South Africa, the United States and United Kingdom. The companies represented have annual revenues ranging from USD $500 million to more than USD $20 billion.

Wednesday, May 10, 2017

Oracle to Open Data Center in India Over the Next 6-9 Months

Oracle has announced it will expand its cloud services in India over the next six to nine months with plans for an Oracle data center in India.  

Over the coming months Oracle will be reviewing proposals from government and business partners to provide customers with the capability to build and move workloads to an India-based cloud.  The services will offer uncompromised security and performance at a significant price advantage over both existing on-premises infrastructure and competitive cloud offerings. 

Oracle’s expanded infrastructure footprint is a result of tremendous customer demand.

“Our customers and partners in India have trusted their businesses and mission-critical workloads to the Oracle Cloud for years,” said Thomas Kurian, president of product development, Oracle. “With this expansion we will be able to further support customer choice adding to capabilities already available through deployments of Oracle Cloud at Customer, as well as other Oracle Cloud data center regions in Asia Pacific.”

A10 Networks Research Highlights Importance of Apps in Daily Life


How important are apps in everyday life? More important than eating and drinking? As important as sunlight or being with family? According to the results of A10 Networks’ Application Intelligence Report (AIR), work and personal apps are so integral in daily life that many in the global workforce believe it is impossible and physically uncomfortable to live without them, comparing them in importance to basic daily nourishment like eating, breathing and socializing.

AIR takes a unique, easy-to-understand approach to examining the human and cultural side of technology trends – specifically, the interaction with applications and the growing security implications that result personally and for businesses and their IT organizations. Based on research involving more than 2,000 business and IT professionals at companies from various industries around the world- including India, AIR addresses the rise in use and significance of apps in our “blended lives,” in which lines blur between how the global workforce manages work and personal business through use of apps at home, in the office and anywhere in between.

The research was conducted in 10 countries, representing some of the world’s largest economies and fastest growing populations of technology adopters: Brazil, China, France, Germany, India, Japan, Singapore, South Korea, the United Kingdom and the United States. Key findings include:

APPS -- DIGITAL OXYGEN SUSTAINING DAILY LIFE:
·  APPS AS A BASIC HUMAN NECESSITY: Half (50%) of all global respondents consider apps to be as or almost as important as breathing, eating and drinking.
·  EVOLUTION OF OUR “DIGITAL” DNA: More than four out of five globally consider apps integral to their personal lives. India ranked second-highest (behind China) as a country that found it most difficult to live without apps, with 97 percent of the Indians surveyed citing they could either not live without apps - or it would be difficult to do so.  In fact, access to apps was almost as important as access to water in India. This  raises questions about how applications have evolved to the point where “they are now part of our DNA.”
·  GIVE ME APPS OR GIVE ME DARKNESS: The survey also found that access to apps on a smartphone was equally as important as the ability to have access to sunlight or outdoor exposure. In fact, India at 68 percent, had the highest percentage of respondents who that claimed apps to be as significant – or nearly so – as air, food, water and shelter.
·  IN AN EMERGENCY: More respondents (45%) would grab their smartphone on the way out of their homes – if given the choice of only taking one item – over a safe with important documents (36%), their personal photo albums (12%), or a desktop or laptop (7%).
·  THE WEAKEST LINK – MOBILE PHONES OR IoT DEVICES? Laptops are perceived as more vulnerable than mobile phones, when compared to a list that also includes IoT devices like surveillance cameras, smart TVs and Internet-enabled cars – all of which are, to many respondents, are unknowingly vulnerable as well. On the mobile phone front Indians lose their mobile devices almost twice as much as the global average thereby increasing the vulnerability quotient.
LEAVE YOUR HOUSE OR PHONE UNLOCKED? More participants would rather leave their house unlocked for a whole day than leave their unlocked phone on a park bench for an hour, with 52% choosing the former.

ATTITUDES TOWARD APP USE AND SECURITY:
·         SECURITY A CONSIDERATION – BUT ONLY AT FIRST: Although over four out of five (83%) either agree or strongly agree that they think about security risks when first downloading an app, after that, security becomes much less of a concern,ranking behind performance (32%) and ease of use (24%).
·  TAKING RISKS: Even though they think app developers may not have security as their top concern – or have the proficiency to build secure apps at all – people still download apps and take their chances, as nearly half (47%) still expect to be protected from cyber-attacks by either their company or third-party app developers.
·  APP APATHY: The survey found a growing acceptance of the inevitability of getting hacked, as nearly one in three (29%) feel cyber-attacks “are a fact of life,” and one in five (21%) “just try not to think about it.”
·  SECURITY AND WORK APPS: Roughly one in three (32%) surveyed think about security concerns when using personal apps. For business apps, security is even less of a thought, as fewer than one in five (17%) surveyed cite security as a top thought when using them. 

CYBERSECURITY BEHAVIOR AND THREATS:
·  IDENTITY THEFT – THE NEW RITE OF PASSAGE: More than one in 10 respondents (13%) say they have been a victim of identity theft. And by a wide margin, the younger the generation, the more likely the person is to be a victim of identity theft: Nearly one in five (19%) in their 20s reported having their identity stolen globally, while only 2% of those older than 50 cited the same. This finding raises questions about how many people do not know they have been victimized.

·         GETTING HACKED: One in five (20%) respondents have had their mobile device or computer hacked. Almost one in three under 30 (31%) has been hacked

·         DIGITAL THEFT IS THE NEW REALITY: Nearly three out of five (59%) think having their mobile device hacked and personal information stolen is more realistic thanhaving their car broken into or their home burglarized.

·         CARELESS DIGITAL BEHAVIOR: Younger generations are also more careless with their personal devices, as one in three (34%) under 30 years old has lost their mobile device or computer, and one in four (24%) has had their mobile device stolen at least once.

·  PASSWORDS: One in 10 (11%) said they never change their passwords for their mobile apps, while another three out of 10 (29%) use the same password for the majority of their apps.

Neil Wu Becker, VP Marketing, A10 Networks says, “Understanding the dependency on apps in our lives raises questions about the diligence we apply to protecting our personal information. This is important when considering use of personal and work apps with work-issued devices on corporate networks in the workplace. AIR’s insight into behavioral tendencies with apps and the impact on personal and business risk is a topic that is not addressed enough. As a security vendor, we see a need to increase the volume on factoring in human behavior with technology Investments. After all, the greatest security technology can be undermined by negligent behavior, and we want to help our customers protect their solution investments, businesses, and employees.”

Strong Margins Boost Vijaya Bank’s Q4 2017-18 Profit


Vijaya Bank reported nearly three-fold jump in net profit for the fourth quarter ended March 31, 2017. The company added Rs 385.35 crore to Rs 9,214.35 crore in market valuation.

Vijaya Bank has reported a nearly three-fold jump in net profit to Rs 204 crore for the fourth quarter ended March 31, 2017. The bank had posted a net profit of Rs 71.31 crore in the January-March quarter of 2015-16 fiscal, Vijaya Bank said in a regulatory filing. Total income of the bank rose to Rs 3,504.73 crore in the January-March quarter as against Rs 3,228.48 crore in the year-ago period.

The board of the directors of the company have recommended a dividend of Rs 1.50 per share or 15 per cent for 2016-17. As far as asset quality of the bank is concerned, the gross NPAs as a percentage of total advances declined marginally to 6.59 per cent from 6.64 per cent in the same quarter a year ago. Its net NPAs also eased to 4.35 per cent as against 4.81 per cent at the end of March 2016.

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