Newcastle University, UK, will be organizing an Employability Seminar in various cities starting June 17,2017. The seminar will be held in Delhi, Bangalore, Chennai and Mumbai for students considering to study in UK for the academic year 2017-18.
The platform will address queries of students before joining the University, specifically with regard to employability and career support. To help students make an informed decision the seminarwill showcase the excellent career support the University can provide during their time as a student to help them prepare for securing employment.
Commenting on the Employability Seminar, Preety Bansal, Country Manager-India, Newcastle University, UK said, “This is a special day for students as they would not only get a chance to get first-hand information about the range of services that our award-winning career services offer but also to speak to us face to face and get answers to all their queries needed for informed decision making. Meritorious students would also get an opportunity to explore our range of International scholarships in Business, Biosciences and Engineering.”
In addition to career services, students would meet representatives from International Office, Business School and Faculty of Medical Sciences.
Further, Bansal added, “This platform will provide a good opportunity for the students to network with other Newcastle offer holders and make friends before starting the journey with Newcastle University.”
The schedule of the Seminar for Delhi, Bangalore, Chennai and Mumbai is mentioned below and students who wish to apply for the seminar would have to register online.
The Bosch Group is hugely bullish on India. It foresees strong signs of recovery in the Indian market and forecasts a positive development over the mid-term. “The Indian economy is on the rise again and holds tremendous potential,” said Dr Volkmar Denner, the chairman of the board of management of the Bosch Group during his visit to India in Bangalore.
In 2017, the leading global technology and services company posted strong double-digit growth as sales went up of 15.4 percent to 2.2 billion euros (Rs 17,333 crore). With a projected 7.7 percent GDP-growth for the Indian economy in 2018 and a similar level for the coming years, Bosch expects to continue with its momentum.
The main contributors are the development of the local automotive industry, which holds opportunities for diesel technology, electromobility and connected mobility as well as the government initiatives for connected manufacturing and connected cities.
“To meet the rising demand in the Indian market with tailored solutions and expand India’s strong role in our global network, we will invest Rs 1,700 crore (220 million euros) over the next three years,” announced Denner. A major share of this will be used to expand Bosch’s smart campus in Adugodi and modernise manufacturing facilities in the country.
Right powertrain mix for the Indian market
India plans to achieve BS-VI emission norm implementation from April 2020 and adopt electromobility solutions built for Indian conditions.
Bosch says it has the right technology to support both initiatives. The company believes that the ICE (Internal Combustion Engine) will continue to be the mainstream solution for freight and commercial vehicles. However, a key role here will be played by Bosch India’s electrification initiatives, to address the transformation in urban mobility. Keeping in mind the country’s climate change targets, Bosch views the co-existence of fossil fuel engines and electrification with hybridisation as an interim solution.
Hybrid technology will be a vital contributor towards the electrification goal in India due to the nation’s unique stop-start driving patterns and road congestion. In light of that, fleet operators and smaller vehicles are poised to adopt electrification as soon as feasible options are available in the market. Bosch experts believe that the use of synthetic fuels as a scheduled supplement to electrification will play a vital role to reduce CO2 emission.
Breakthrough in diesel technology
Volkmar Denner sees improving the quality of life and contributing to eco- and climate-friendliness at the top of Bosch’s agenda: “Our ‘Invented for life’ ethos is our motivation for developing the best possible technologies for environmental protection. We want to help keep people mobile, while improving air quality.”
The Bosch Group is hugely bullish on India. It foresees strong signs of recovery in the Indian market and forecasts a positive development over the mid-term. “The Indian economy is on the rise again and holds tremendous potential,” said Dr Volkmar Denner, the chairman of the board of management of the Bosch Group during his visit to India in Bangalore today.
In 2017, the leading global technology and services company posted strong double-digit growth as sales went up of 15.4 percent to 2.2 billion euros (Rs 17,333 crore). With a projected 7.7 percent GDP-growth for the Indian economy in 2018 and a similar level for the coming years, Bosch expects to continue with its momentum.
The main contributors are the development of the local automotive industry, which holds opportunities for diesel technology, electromobility and connected mobility as well as the government initiatives for connected manufacturing and connected cities.
“To meet the rising demand in the Indian market with tailored solutions and expand India’s strong role in our global network, we will invest Rs 1,700 crore (220 million euros) over the next three years,” announced Denner. A major share of this will be used to expand Bosch’s smart campus in Adugodi and modernise manufacturing facilities in the country.
Connected Mobility Solutions division drives growth in India
Another field of growth in India’s thriving automotive industry is the rising demand for connected mobility. Bosch says it is continuing to drive forward its transformation into a provider of mobility services.
The company recently established a Connected Mobility Solutions division to develop and sell digital mobility services. “Connectivity will fundamentally change how we get from A to B, and in the process it will help to solve today’s traffic problems. We are using it to realise our vision of emissions-free, stress-free, and accident-free mobility,” said Denner.
In India, the new business division will work to develop a global telematics platform that will be enabled and operated by local engineering talent. This platform will help Bosch to better serve its customer base in India with effective solutions designed for effective mobility. The key offerings will include vehicle sharing, ridesharing, and connectivity-based services for car drivers.
India among 3 locations of Bosch Center for AI
Around 18,000 out of Bosch’s 31,000 associates in India work in research and development (R&D). This underlines India’s importance for the Bosch Group’s global network as more and more innovations are coming out of the country into the world.
India also plays a significant role when it comes to Artificial Intelligence (AI). “Most of the products in the near future will be linked to artificial intelligence. These products will either possess that intelligence themselves, or AI will play a key role in their development or manufacture,” said Denner.
In 2017, the company invested 300 million euros into its Bosch Center for Artificial intelligence (BCAI) across three continents – one of the main locations being in Bangalore, India - next to centres in Sunnyvale, U.S. and Renningen, Germany.
Additionally, Bosch in India has also partnered with IIT-Madras and set up a Robert Bosch Centre for Data Science and Artificial Intelligence at IIT-Madras with a fund of Rs 4 crore per year for five years. It will set a precedent in the way big-data is used to improve our problem-solving capability in the industry. At the same time, the collaboration will result in shared outcomes for the benefit of society.
Providing improved user experiences starts with delivering unmatched reliability. According to Gartner, a network outage can be more than an inconvenience, and evidence shows that these can cost anywhere from $1,000 to $1,000,000 per incident in lost productivity or revenue, depending on location and enterprise use case3.
By leveraging context to gain insight into the health of an entire distributed branch network – wired, wireless, and WAN - IT organizations can dynamically optimize the user experience in real-time before any impact to the business occurs. Embedded in the new Branch Gateway, Aruba’s unique context-awareness capabilities go beyond granular role-based network access and application security to deliver an unmatched Quality of Service (QoS) experience from the LAN to the WAN. This allows IT professionals to satisfy the needs of end users while simplifying IT operations.
Additional Branch Gateway features such as policy-based routing and dynamic path selection can now leverage this contextual data and awareness to dynamically route traffic across the WAN based on user, device, or group affiliation. For example, retail organizations can easily prioritize PoS system and video traffic versus guest traffic, while hotels can prioritize voice traffic for anyone involved with customer service.
Sayers is a Chicago-based solutions partner that provides customized hardware, software, and professional services to power IT infrastructures and cybersecurity.
“When introducing a customer to SD-WAN solutions, the last thing you want to do is introduce complexity and extra cost, especially at the branch,” said Joel Grace, Vice President of Engineering, Emerging Technologies, Sayers. “With the Aruba SD-Branch solution, customers get an easy to deploy and cost-effective offering that integrates cloud-managed SD-WAN, multi-layered security, WLAN and LAN in a single solution.”
Palo Alto Networks is the global cybersecurity leader, known for always challenging the security status quo.
“Our partnership with Aruba allows us to continue offering our customers new ways to improve security effectiveness and efficiency,” said Terry Ramos, Vice President of Business Development, Palo Alto Networks. “Expanding our existing integration to the new Aruba SD-Branch solution means that customer security policies will remain consistent and automated so they can streamline routine tasks and focus on business priorities.”
Check Point Software Technologies is the largest network cyber security vendor globally, providing industry-leading solutions and protecting customers from cyberattacks with an unmatched catch rate of malware and other types of threats.
“The migration of corporate assets and applications to the cloud has led to 5th generation multi-vector cyberattacks threatening all businesses, and Check Point provides cloud-delivered security services to prevent these types of attacks,” said Jason Min, Head of Business and Corporate Development, Check Point Software Technologies. “By integrating our cloud security platform with Aruba’s SD-Branch solution, Check Point is providing businesses with Gen V advanced threat prevention solutions, preventing all types of attacks on the cloud, endpoints, remote offices, and mobile devices."
Zscaler enables the world’s leading organizations to securely transform their networks and applications for a mobile and cloud-first world.
“Security should not be an impediment as enterprises embrace cloud and mobility and transform their network to instrument direct internet breakouts," said Punit Minocha, Senior Vice President of Business and Corporate Development at Zscaler. “Zscaler is proud to be part of Aruba’s 360 security exchange technology partner program, and to offer those enterprises using Aruba’s SD-Branch solution a seamless way to make security and access controls a fundamental part of their cloud transformation journeys.
CoreNet Global, the world’s largest professional association for the Corporate Real Estate (CRE) industry, concluded its 5th annual India conference today. Themed ‘India - Future Ready’ the conference highlighted India's potential in the CRE landscape in 2018.
The conference brought together 300 top industry professionals and business leaders to discuss industry trends that are unfolding from private and public perspectives. CoreNet Global – India chapter Co-Chairs Ram Chandnani (Managing Director Advisory & Transaction Services India, CBRE) & Venu Kota- Head & Director Corporate Real Estate, (Visa Inc) oversaw an engaging conference that dealt with contemporary issues regarding digital disruption and the solutions being developed as a result of it. The conference also discussed the values of creating a blockchain ecosystem in corporate real estate space and delimiting CRE boundaries in the digital economy.
During the event, participants at the conference discussed the current status of the job market in a VUCA world and its relation to the country’s economic growth. It was observed that India is showcasing a robust CRE demand due to its strong economy. This directed the discussion to explore the causal factors for this situation, including the use of technology to align organizations with customer needs, co-working and agile workplaces that utilse IoT effectively. The rise of a rapidly increasing millennial workforce was also discussed, with the visible shift towards the non-negotiability of employee well-being. The participants concluded that workspaces can no longer be viewed simply as physical spaces and must now take human connections and ‘body language’ into account to design improved workspaces.
The event also addressed the role of startups in the disrupting the real estate space, with a specific focus on the investments that they have brought into the country and their ability now to provide technology-based solutions for all customer needs. This phenomenon has been prompted by the end-users becoming more discerning and thereby eliciting a greater need for creativity in physical space utilization. The conference concluded by addressing the role blockchain has and will come to play in developing a secure real estate ecosystem where data utilization can be maximized.
“Technology today is an important global driver for innovation. I believe that the CRE community in India fully understands this and has put protocol in place that will enable them to embrace the change technology will bring over the course of life cycle. Efforts today are focused on how to manage and streamline space utilization, which over time will help the community overall adapt to changing environments in the future ”, said Ram Chandnani Co- Chair, CoreNet Global- India Chapter and Managing Director Advisory & Transaction Services India, CBRE.
“Globally, real estate is a true barometer of a nation’s economic status. In India, the CRE space is being driven primarily by the growth of corporates, especially their business expansion into Tier 2 cities. In fact, 36 percent of the real estate in India is cornered by technology firms, with finance coming a close second. With the service sector employing almost half the workforce in the country, the nature of real estate hiring is constantly changing. However, I believe that by taking advantage of the digital wave in the country, Indian CRE firms will be able to make telling contributions to both the country’s GDP as well as infrastructure growth”, stated R Chandrashekaran, President, NASSCOM.
Keeping the requirements of the smart, stylish and trendy customers in mind, Conzumex Industries Pvt. Ltd. an exciting consumer tech start-up that designs, develops and sells consumer electronics is launching their luxury hybrid smartwatch, Muse, on Kickstarter today. Designed for the on-the-go generation, who love to wear a watch as part of their style statement, Muse Watch comes at a very affordable price range of RS. 6,500 – 10,000 (only on Kickstarter).
The watch is built around an ‘Internet of YOU’ platform - an amalgamation of smart devices, AI, and exergaming (video games that are also a form of exercise). The AI platform is a personal assistant that provides services in fitness, food and personal finance. The mobile game in Muse turns day-to-day activities into a deeply engaging experience for the consumer. Muse’s Planet Watch game generates in-game rewards through the activities tracked by the watch which in turn helps the user remain motivated in the daily routine.
Muse Wearables caters to the demand of the young with 21 features and promises to solve 50% of the user’s lifestyle problems. It is a first of its kind hybrid smartwatch with NFC payments and comes with an added advantage of up to 1.5 years of battery life. Some additional features include UV tracking, auto time-zone update, nutrition, fitness, sleep tracking, and SoS alerts.
Commenting on the launch, Mr. Sai Prasanth, Co-founder, Conzumex Industries Pvt. Ltd. said, “Keeping the smart and connected consumers in mind, we have come up with this trendy, smart and intelligent watch that caters to their needs of fitness, food, and personal finance on the go. Muse Wearables comes with a battery that lasts for over a year, reducing the hassle of charging every day; thus, giving consumers an unparalleled experience at an extremely affordable price.”
The watch can be pre-booked on the Kickstarter platform starting today and will be delivered globally by the company’s vast distribution network.
KNOLSKAPE, an end-to-end learning and assessment platform for accelerated employee development, is pleased to announce the launch of its ‘Centre of Expertise (CoE)’. The CoE aims to undertake original, region-specific and global research spanning topics at the intersection of digital technology, learning, leadership and organizational culture. The foundation of the CoE is KNOLSKAPE’s decade-long experience and expertise in solving business, HR, L&D, and learner challenges for over 300 clients spanning across 22 countries.
Spearheaded by Subramanian S. Kalpathi, Sr. Director at KNOLSKAPE and author of ‘The Millennials: Exploring the World of the Largest Living Generation’, the CoE will focus on producing leading-edge insights on high impact areas for business, talent and HR communities, by way of both primary and secondary research. According to Subramanian, “We believe that by collaborating with stakeholders in the talent fraternity, and by building on the expertise that we at KNOLSKAPE continue to develop as we grow, we can truly generate insights that are strategic, timely and relevant, helping shape talent strategies for our clients.”
Rajiv Jayaraman, Founder and CEO of KNOLSKAPE, added: “From our interactions with industry leaders, partnerships with our clients, and internal best practices, we gain vast amounts of incredible insights. With the CoE, we hope to be at the forefront of applied research, and help organizations address their biggest challenges with respect to technology, talent strategy, leadership and culture.”
Genpact, a professional services firm focused on delivering digital transformation, announced today that the United States Patent and Trademark Office (USPTO) has awarded the company a patent for natural language understanding (NLU) that enables its artificial intelligence (AI) applications to understand the meaning of natural language, something not previously possible in the context of solving business problems. The technology is an integral part of the Genpact Cora AI-based platform for digital transformation.
The patent covers Genpact’s unique technology method for understanding the meaning of a document using computational linguistics – similar to how a human brain creates and understands meaning – rather than relying on less accurate statistical methods. This approach provides several advantages. First, it enables Genpact’s AI applications to process natural language, while retaining the context. Most real-world AI solutions need to be contextual in order to be accurate and generate relevant outcomes. Second, the approach provides complete traceability into its reasoning, therefore avoiding the common “black box” problem in order to help users and system developers understand exactly how the AI system made its decision. Third, Genpact’s technology enables AI-based solutions to be developed without requiring as large of a data set as other AI solutions for training, which facilitates faster time-to-value.
"Many natural language processing technologies today are ineffective when it comes to complex business documents because they miss the context and nuance in business language. Our NLU technology gets around this by applying more contextual understanding with a linguistics-based approach, in addition to a statistical approach,” said Sanjay Srivastava, chief digital officer, Genpact.
Genpact AI solutions integrate deep domain knowledge with unique AI technology and innovative services to accelerate the success of clients' digital transformations. Genpact has multiple use cases in production with clients that apply this patented technology. This includes the extraction of structured and unstructured data and turning that data into actionable knowledge. This is applied in multiple areas to drive transformation, including contract reconciliation with invoices, contact center service ticket analysis and optimization, financial statement aggregation for wealth management, and real-time interpretation of news and other content.
“This patent is another validation of our focus on the next frontier of solving business problems using NLU based on computational linguistics and continuous learning methods without relying on statistical methods,” said Srini Bharadwaj, head of Natural Language Understanding products, Genpact. “We have made great progress in driving innovation in several fundamental aspects of linguistics such as part of speech tagging and co-reference resolution, which enables us to perform at very high levels of accuracy with a nominal amount of expert assistance.”
Genpact holds additional patents, which when combined with this latest NLU patent, drive significant transformation for clients and provide the following benefits:
Visualize data continuously – Other Genpact Cora components, combined with AI engines with a similar abstract architecture, can generate unprecedented speed, flexibility, and knowledge-based AI-led automation in Genpact’s software products. This is enabled by a method that allows business analysts to create user interfaces (UI) purely through metadata without programming, which allows the rapid implementation of a UI in software applications, something not previously possible.
Structure data easily – Genpact can bring structure to unstructured data, found in financial statements, custodian statements, and adverse event (AE) reporting in pharmacovigilance, a critical issue that consumes approximately 70 percent of practitioners’ time to aggregate, cleanse, and normalize data in order to complete everyday business functions. This is enabled by a technology that automatically extracts tabular data from unstructured documents. Using linguistically-derived maps, the extracted data is normalized to a standard template. Since the awarding of this patent, Genpact has significantly improved the technology with geometric scaling and linguistic processing of hybrid documents where tabular and non-tabular data co-exist, such as in legal documents.
Speed to market – Genpact has dramatically simplified the implementation of computational intelligence in software applications. Enterprise business processes often require extensive computational expertise, such as pricing or premium computation in insurance. Intelligence simplification for software is enabled by a patented technology which renders the computational intelligence to a meta model and eliminates the need to code it in the software in order to make changes to implementation models without going through the arduous software development lifecycle.
Unify AI-led automation – Genpact Cora combines both architectural and innovations in pure AI methods to provide a holistic platform for AI-led automation. The approach results in shifting the software development process to business analysts, allowing them to better solve client needs. This is enabled by implementing a novel abstract model-driven architecture giving Genpact Cora a great deal of its power, speed, and flexibility. The architecture reduces application development to a modeling exercise and eliminates programming.