DIGITAL REVOLUTION
India will require an additional data centre capacity of 1.7-3.6 Gigawatt: Report
India is poised to become a global data center hub due to its low construction, land, and power costs. With a robust IT ecosystem, the country’s data center capacity is projected to reach 3.29 GW by 2028. However, an additional 1.7–3.6 GW will be required to meet rising demand.
Indigenous Innovation: A blueprint for systematically achieving Viksit Bharat
India's digital economy is on track to reach $1 trillion by 2030 with a growth rate 2.8 times that of regular GDP. Leveraging the CHIPS framework and strategic partnerships, India aims to secure a prominent global position through sustainable practices, education initiatives, and robust data governance.
India can be the great link joining the largest population of developers to AI’s immense possibilities
India is projected to surpass the US as the largest software developer community by 2027, with the digital economy contributing significantly to its overall economy. AI tools are revolutionizing software development, leading to substantial gains in productivity. The country's focus on early education in programming and the promotion of open-source collaboration are key factors driving this growth.
India showcases investment opportunities at IPEF clean economy investor forum
According to a press release by the Ministry of Commerce and Industry, the event, brought together over 60 global investors and financial institutions, showcasing India's burgeoning opportunities in infrastructure, clean economy, and digital transformation.
3C IT Solutions IPO opens today: Check issue size, price band, GMP and other details
The SME IPO of 3C IT Solutions will open today, aiming to raise Rs 11.44 crore. India's GII ranking improved to 40th position, making it a top offshoring destination for IT companies. Kreo Capital is the lead manager for the IPO.
View: Gotta get ready for the AI-ternative
The integration of AI, nano robotics, space tech, and battery tech is transforming industries and reshaping economic models. As digital workers replace human roles in areas like call centers and logistics, governments must address potential job losses. Suggested measures include reskilling programs, focusing on labor-intensive industries, and implementing universal basic income (UBI) to support displaced workers. This proactive approach will help manage the transition and harness the benefits of these groundbreaking technologies.
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How Jocata is helping financial services industry move from legacy systems to AI-powered solutions
Jocata’s low-code platform is driving the future of enterprise lending and embedded finance, says Prashant Muddu, Managing Director & CEO.
Senior-level adtech and martech roles combine creativity, tech and business sense
The adtech (advertising technology) and martech (marketing technology) sectors require a unique balance of creativity, business acumen, and technological skills, especially at senior levels. Companies seek professionals with expertise in data analytics, AI/ML, and digital marketing, as these roles are crucial for connecting brands with customers and driving hyper-personalization.
India seen to emerge as an economic superpower in impending problem-ridden global financial landscape
Global recession risks have diminished, but inflation concerns threaten financial stability. The IMF, World Bank, and rating agencies forecast a slowdown in global growth, citing Middle East conflicts, financial stress, persistent inflation, and reduced international trade as key risks. The IMF's Global Debt Monitor reveals global debt at $235 trillion, or 238% of global GDP, raising fears of a debt crisis. Fiscal prudence may suffer as many nations face elections this year.
How AI-enabled innovation can fulfil the worth of a talent pool currently underused in mere messaging
Lessons from the past can help build a sustainable peace treaty between AI and humans. And, for this, we must reinvest in the inimitable magic of human creativity, which is currently being diminished by the lazy conveniences of tech, in cahoots with our love for jugaad. In terms of culture and practice, originality needs to make a non-negotiable comeback. And, in the case of 'copy-paste' India, make an appearance.
AI could be the defining technology of our lifetime: Puneet Chandok, Microsoft India
I think it is already becoming part of daily life. For example, if you look at the co-pilots, which is an AI agent that Microsoft has across the Microsoft stack, it is part of my daily life. I start every morning by co-pilot, are there any urgent emails I should look at? Can you summarise all the chats? Can you summarise all my meetings and send the actions out? It is already a part of my daily life and it is very early. It is very-very early. These models are getting smarter every day, they are getting cheaper every day.
Bitcoin Pizza Day: Techie paid 10,000 Bitcoins for Pizza in 2010, now worth Rs 5,800 crore
Each year on May 22nd, the cryptocurrency community celebrates Bitcoin Pizza Day, commemorating the first real-world Bitcoin transaction. In 2010, programmer Laszlo Hanyecz famously bought two pizzas for 10,000 Bitcoins, now worth billions. Despite the hindsight value, Hanyecz's move showcased Bitcoin's potential. Since then, Bitcoin's use in commerce has expanded, making Bitcoin Pizza Day a symbol of its evolution from novelty to global financial force.
A beacon of innovation: How Unilever’s Dubai factory became a global ‘Lighthouse’ in manufacturing
Unilever’s Dubai Personal Care Factory (DPC) is in many ways setting the standard in technological innovation and sustainability, positioning itself as a pioneer in shaping the future of manufacturing.
PM Modi, Ambani, Adani reshaping India to become economic superpower: CNN report
India is poised to become a 21st-playing a fundamental role in shaping the economic superpower the country will become in the coming decades, according to a CNN report
How AI and data can bring another green revolution in India
India faces environmental challenges in agriculture, but AI offers transformative solutions. Precision farming, empowered by AI and big data, optimizes resources and boosts yields sustainably. With satellite data and predictive analytics, farmers make informed decisions. AI aids resource management and environmental conservation, but widespread adoption requires collaboration. Farmers' active engagement with data transforms them from beneficiaries to contributors, ensuring a sustainable agricultural future driven by technology.
Mastering digital frontiers: Exploring programs in digital marketing
Businesses leverage digital marketing for online engagement. Indian School of Business offers programs like Digital Marketing Post Graduate Certificate & Transformation Program. Digital marketing analytics enhances decision-making for marketing effectiveness.
Reverse migration has begun, says FM Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Monday said reverse migration had started as a lot of people are coming back to establish business here. According to her, reverse migration has started in which a lot of people, who have a global footprint, are finding businesses, professions and careers to be built in India.
Can India's quick commerce revolution be a catalyst for job creation?
Q-commerce in India, led by major players like BlinkIt, Swiggy Instamart, and Zepto, is reshaping the retail landscape. The sector's rapid expansion offers significant job opportunities, especially in logistics, warehousing, and technology-driven roles, promising continued growth.
How GoI, regulators and fintech firms can unlock the full potential of India's digital financial revolution
This surge in fintech adoption has positioned India as a global fintech frontrunner. Its innovative solutions attract global investors, and position the country as a trailblazer in establishing a robust digital public infrastructure (DPI) ecosystem, a pivotal factor in enhancing financial inclusion. The dynamic DPI framework, strengthened by fintech advancements, is projected to inject a windfall of $400 bn into the economy in seven years.
Neobank Revolut India gets in-principle nod for PPI license from RBI
Revolut India, backed by Tiger Global and Softbank, received RBI approval for Prepaid Payment Instruments, strengthening its position in the Indian market. The approval allows the offering of multi-currency forex cards and cross-border remittance services, enhancing financial solutions for Indian consumers.
Modi-Gates discuss digital revolution, AI and their use in welfare of commoners
Prime Minister Modi and Gates engaged in a free-wheeling chat lasting over 45 minutes where they shared their views on issues ranging from AI and global warming to data security and protection against Deep Fake.
PM Modi tells Bill Gates how technological advancement is changing these three sectors
PM Modi explained how technology is changing the delivery of health and educational services making it convenient for people to receive these services sitting hundreds of kilometers away.
What is needed to make India a $10-trillion economy? Ajay Piramal, Falguni Nayar, SN Subrahmanyan & Rohit Jawa explore the possibilities in a panel discussion
India's $10-trillion economy prospects discussed by industry leaders, emphasising digital revolution, infrastructure transformation, consumption growth, financial sector role, employment challenges, urban planning needs, and women's empowerment for achieving targets.
View: The one thing that can slow AI's breakneck speed
Promoters of AI sell hope and assurance like previous revolutions. AI may make labor functions redundant, lead to reduced work hours, and render developers/champions unnecessary. Investments in human-like robots and hiring freezes indicate a possible future of RHRP.
Digitalisation of healthcare data through electronic health records will be the next startup boom
India's fintech industry - which comprises over 10,000 companies with $17 billion in 2022 revenues - was built on the foundation of Aadhaar and UPI. The health tech industry boom will be built upon the nationwide adoption of electronic health records (EHR). EHR is a digital file containing an individual's health information - identity, gender, age, weight, vital signs, allergens, entire medical and medication history, immunisation status, test results, etc. The record is meant to be created and regularly updated by physicians and other healthcare providers.
Chennai Metro: Now you can buy tickets on WhatsApp; Here's how
Chennai Metro Rail Limited (CMRL) introduces an eco-friendly and user-friendly QR ticketing system via WhatsApp at all 41 metro stations. Passengers simply provide their mobile numbers at the counter, receiving secure QR tickets on WhatsApp. This initiative aligns with CMRL's commitment to a green environment and digital advancements. The streamlined process reduces paper usage and encourages commuters to embrace hassle-free ticketing, marking a significant leap towards a sustainable and convenient public transportation system.
Digital revolution in telecom: India to eliminate physical verification process for SIM cards
Industry executives said the decision to scrap the paper-based KYC and go digital for mobile user enrollments would cut telcos’ customer acquisition costs and also help the government check SIM fraud.
How the perfect pitch was prepared for Cricket World Cup watching
Four years is a lifetime in the world of technology. In 2019, the World Cup semifinal broke the record for peak concurrency, with 25 million viewers simultaneously streaming the match. Fast forward to 2023, and that number had more than doubled to 59 million for the final between India and Australia. Overall, 295 million-plus live viewers, nearly 11 times Australia’s population tuned in to watch the World Cup.
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