Climate Reporting: A Major Gap in Transparency – Part II
Part II: Progress for the Privates Although far behind its public counterparts, private firms have started heading in the right direction. The unequivocal need for standardized climate reporting mechanisms cannot be stressed enough. Increasing market pressures being brought about to public companies, including pressure from investors, regulators, and consumers to boost transparency and performance are […]
Insurance for the Uninsured: Web3 edition
The Web3 insurance industry is set to soar in the coming years. There are two major dimensions to this. The boom in decentralized finance, digital assets, and Web3 has, possibly, the potential to completely upend the global financial system. 40 million people in the US, reports consulting giant Oliver Wyman, reported investing, trading, or using […]
Big Data vs Data Science
Big data and data science are hot topics that need to be understood today. Confusion between both subjects is quite prevalent as most industries involved in these topics do not agree upon a universal definition for both. The amount of data collected and stored has never happened before. The growing variety and volume of data […]
AI-driven AV: Driverless Cars Take a New Turn – Part II
Can reinforcement learning replace the robotics approach for self-driven cars? Looks like the second generation of autonomous vehicles is here Robots are robots, after all The robotics approach traditionally undertaken by self-driving cars considers driving to be a sequence of distinctly separate problems involving route identification, perception, on-road decision-making, vehicle control, and so on. Each […]
More Than Just Machines – Part II
Part II: Pushing machines to the ‘Edge’ The first front in the transformation of machinery: software and automation. Imagine air conditioners becoming complete indoor climate solutions; pumps, flow solutions, and conveyors complete material handling solutions. In the 2022 edition of their annual Global Machinery & Equipment Report, Bain & Co. discusses several major facets of […]
AI-driven AV: Driverless Cars Take a New Turn – Part I
A new breed of self-driven cars have abandoned the robotics approach for reinforcement learning with surprising results Ever since the first experimental autonomous vehicle (AV) capable of driving on and off roads was developed in 1984 by DARPA (Defense Advanced Research Projects Agency) – the most prominent research organization of the US Department of Defense […]
More Than Just Machines – Part III
Part III: Verticalization – Birth of the new machine model Powered by software and automation, newer business models and verticalization are set to be key themes in the transformation of the machinery industry. Beyond the digital transformation of the industry, some of the major aspects to be considered for the future of machinery is the […]
What are the Prerequisites for Data Science?
Data Science blends multiple disciplines such as machine learning, algorithms, data inference, programming, mathematics, and statistics to extract useful information that solves complex problems. The Forbes article ‘6 Predictions About Data In 2020 And The Coming Decade’ published in 2020 urged the importance of data science in managing the 44 zettabytes of data generated by […]
Google uses System-on-a-Chip to take its fight to Apple
A recent developer event reveals Google is looking at greater integration across devices, and also between its hardware and software, to better compete against rivals Close on the heels of Apple’s System-on-a-Chip (SoC) powering its Macs, iPads, and iPhones to set sales records, Google used its recent developer eventI/O 2022 (I/O stands for input-output) to […]
Recovery Disrupted – corporates & governments grapple with paradoxes
Redrawing supply chains, a sharply polarised world, tightening monetary policies, slower growth – these are times when responding to one crisis could create another elsewhere Corporate chiefs, economists, and policymakers of the government are having sleepless nights. Corporates are grappling with redrawing supply chains along geopolitical fault lines as the world gets sharply polarised; policymakers […]