Wednesday, September 23, 2015

Excellence for Resources Opens in Singapore to Help Companies in Asia Pacific Capitalise on Technology Innovations

Accenture (NYSE: ACN) has opened an Internet of Things Centre of Excellence for Resources in Singapore to help companies transform their businesses through a combination of deep industry experience and innovative technologies.
 
Supported by the Singapore Economic Development Board, the centre will house an innovation hub for Rio Tinto, which will be the centre’s foundation client.
 
Accenture’s Internet of Things Centre of Excellence for Resources has opened in
Singapore to help companies in Asia Pacific capitalise on technology innovations.

 
The centre will help agriculture, forestry, metals, mining, oil and gas, chemicals and utilities companies to capitalise on innovation and new digital services and business models. It will also focus on intelligent connected devices and machines that comprise the Industrial Internet of Things.
 
“As a robust international trade hub and base for some of the world’s top commodities producers, shippers and logistical supply chain firms, Singapore is uniquely placed for companies to use technologies to achieve cost reductions, efficiencies and productivity gains, and more importantly, to generate new revenue streams,” said Rachael Bartels, Natural Resources global industry managing director for Accenture.
 
Jean-Marc Ollagnier, chief executive of Accenture’s Resources operating group, emphasised: “As resources industries navigate commodity price cycles and challenges around talent shortages and rising production costs, digital technology provides a way to gain competitive advantage. This is the reason the centre is here, to help customers navigate any type of business cycle and pursue long-term growth.”

The centre will employ more than 30 researchers, scientists and engineers with deep experience in industry and technology domain areas including machine learning, cognitive computing, IoT sensor telemetry, advanced machine-human visualization, IOT security and business integration. Through the centre, Accenture plans to hone the skills of up-and-coming leaders and collaborate with knowledge partners including universities, research institutes and technology companies in Singapore. For complete post see here

Tuesday, September 22, 2015

How IoT startups can help in more efficient manufacturing

Today, more efficient use of resources has helped in productively, especially in the manufacturing segment. Machines have aided factory workers and supervisors with precise shop floor data management, making the process of monitoring manufacturing plants easier, more efficient, and eventually increasing productivity rates. IoT companies like Entrib Technologies are offering shop floor management services that provide real-time machine updates and production feedback for better plant performance. We reached out to experts from the manufacturing industry on the various aspects which IoT startups should consider to excel in this segment:
manufacturing
  1. Stay updated on the latest innovations in the method of plant manufacturing or machining, as everyday there are different processes implemented to obtain the same component and constantly improving productivity.
  2. The application developed should be able to handle the huge amounts of data generated from the various sensors installed throughout the manufacturing plant.
  3. Startup teams should be capable of developing software that can perform the various design calculations for specific components.
  4. For original and complete post see here

Monday, September 21, 2015

Safeguarding the Internet of Things

The Internet of Things delivers new ways to create and capture business value, but also creates some frightening new vulnerabilities that organizations must take specific actions to address.
The rapidly expanding Internet of Things (IoT) is poised to generate huge volumes of data and deliver valuablebusiness insights. But it also introduces substantial new risk.
A defining element of the Internet of Things (IoT) is that objects are not merely smart—equipped with sensors and processing power—but also connected: able to share the information they generate. More data, and more sensitive data, accessible across a broad network of interconnected stakeholders could pose significant dangers if compromised. As the World Economic Forum reported in March, “Hacking the location data on a car is merely an invasion of privacy, whereas hacking the control system of a car would be a threat to a life.” The rise of IoT requires enterprises to put in place systems to protect this new source of information-based value.  For original and complete post see here

Sunday, September 20, 2015

Indian Internet To Outpace Global Tech Space

INTRODUCTION

The Indian Internet sector is poised to grow faster than any other tech sector over the next decade. The number of internet users in India has risen from 50MM to over 350MM since 2007 (Morgan Stanley). Research analysts are confident that India will be the second-largest internet market in the world behind China. With a rapidly growing middle class and growth in mobile technologies, the amount of time to add 100MM more Indian internet users have shrunk to just under two years. An increasing amount of growth is sourced from rural areas where first-time internet users are leapfrogging the PC phase and entering mobile. Smartphone shipments have double year over year since 2013 (Morgan Stanley).  for complete post see here
 

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