You are here

Redefine business through Industry Internet of Things

The fourth wave of the Industrial Revolution, Industry Internet of Things (IIoT) is not only redefining the businesses but also the complete ecosystem. McKinsey reported that B2B IIoT applications would contribute around 70% to the global estimated market of $11.1 trillion by 2025. The traditional business models will be no help to the existing business to gain a competitive advantage, and thus business leaders have to rethink and discover new ways, designs and business models embracing IIoT. Non-ownership business models provide an excellent opportunity to carve mutual benefits by sharing…

Read More

The Discredited Value of Humility in Education

As we await the reign of artificial intelligence, is it too late to refine the idea we have of purely human intelligence? The Daily Devil’s Dictionary explains. According to the British Psychology Society, various studies prove that “intellectual humility correlates with superior general knowledge.” These findings may surprise or even disappoint quite a few people, such as the experts routinely invited by the media to explain complex problems, journalists on American news stations (Fox News, MSNBC and CNN, to cite only those three), mainstream politicians and a fair number of bloggers….

Read More

Private investment in infrastructure must go up

In addition to financial sector reforms, funding infrastructure through private sector participation needs reforms in the contracting mechanism.(AFP) The Bharatiya Janata Party (BJP) manifesto promises to spend Rs 100 lakh crore on infrastructure in the next five years. This can only happen if there is an increase in private participation, for which India needs to undertake financial sector reforms that encourage the creation of a pool of domestic long-term savings to be invested in infrastructure projects. The scale of investment targeted is more than what can be done through government…

Read More

Dream11 enters unicorn club with investment from Steadview Capital

New Delhi: Dream11, online gaming firm, on Tuesday announced the completion of a secondary investment by Steadview Capital, an Asia-focused alternative asset manager. The investment takes Dream11’s valuation at over $1 billion making it first Indian gaming company to enter the Unicornclub. “We are excited to welcome Steadview Capital on board. Our exponential growth over the past few years would not have been possible without the support and trust of our investors and Dreamsters (employees). Providing great returns to our shareholders, whether investors or Dreamsters, is very important to us and further…

Read More

Audi technology helps green light surfers.

Clever drivers can watch the pedestrian walk signals to guess when an intersection traffic light will change from red to green, but Audi drivers can use a new communications technology in large urban areas to know how fast to drive to catch green lights without needing to stop. The technology, known as Green Light Optimized Speed Advisory, uses vehicle-to-infrastructure communication to recommend the ideal speed for drivers to “surf a green wave” and reduce the number of times they must stop for lights. Audi launched the technology in 2016 in…

Read More

Delta Reveals New Business Class Seats For Boeing 767-400s

Since it unveiled its all-suite business-class concept back in August 2016, Delta has been hard at work revamping the premium cabins across its fleet. The first Delta One Suites with closing doors went into service aboard the airline’s Airbus A350s back in October 2017, and the airline currently has 12 of those aircraft in its fleet. Delta is also in the process of retrofitting its Boeing 777s with the new suites, and fliers can already find them aboard the aircraft on routes such as those from Los Angeles to both Shanghai and Sydney. The…

Read More