Being a country vast in size, India faces a lot of challenges. And the foremost challenge is to ensure that the country’s economy continues to grow. However, the economic growth largely depends on the energy supply. And when the country faces energy deficit, it affects its GDP. In this context, ICT is truly an enabler for the energy sector, including power and utilities and oil and gas in India. If appropriate and pragmatic ICT investments are made, most of the problems in this sector can be contained. In this regard, Dataquest takes a note of the current condition in the power and utilities and oil and gas space and how ICT can solve most of the problems.
POWER AND UTILITIES
Power and utilities companies globally face the triple challenge of improving environmental performance, keeping consumers’ costs down, and maintaining system reliability. These challenges more or less exist in the similar form in India. ICT in the power distribution sector is perceived as an enabler in delivering electricity from suppliers to end-consumers and enables energy saving, cost reduction, and increased reliability and transparency. ICT can help these companies judiciously utilize their resources and improve productivity. However, it requires them to invest in solutions that can really work for them. At the same time, the sector offers business opportunity to the IT players which have solutions designed mainly for the power and energy sector.
There are several challenges in the existing power distribution system, but there are many IT-enabled solutions which can tackle these problems. These solutions enable these companies to monitor and control every kWh of power flowing through the system. Such a distribution system seamlessly interfaces with consumer equipment to signal pricing and grid stability conditions.
Challenges are Opportunities
This story is from the August 31, 2015 edition of DataQuest.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the August 31, 2015 edition of DataQuest.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Al Dating Bots: How Grey! How Shady!
Love may or may not be blind, but it looks like it needs to be blind, deaf and dumb - if it's happening in the world of AI. In a very intriguing, fascinating, and no-corners-left study conducted by Mozilla Foundation's team, a lot of jaw-droppers about romancing with AI surfaced. Like-90% of these apps and bots failed to meet some Minimum-Security Standards.
Technology and Cancer Care: Still a Dark Genome
Are we treating cancer better because we can diagnose it faster? Would the base pairing between AI and cancer care get stronger ahead? Would more technology hamper affordability and repeat the classical paradox? In this deep scan of some interstitial tissues of technology and oncology, Dr. Kinjal Jani, Director & Head- Radiation Oncology, HCG Cancer Centre, Ahmedabad explains why technology is helping immensely on personalization and speed; and why some stubborn tumors like affordability, social stigma and human factors continue to envelope cancer-care.
AI PCs: This Backpack Just Ate A Four-Stroke V6!
There's a limit to which a CPU-based PC can be stretched for AI workloads. But add some GPU/NPU pistons and you could be looking at something that's still small but now ready with all AI-chops. Is the formula for PCs moving towards AI? Will it run?
Technology for Artists- the Canvas or the Portrait?
Arup J Paul, a multidisciplinary visual artist and creative technologist (with 3 patents approved by USPTO, EPO, and SIPO) is busy with a very prolific palette these days. He has been building custom Generative AI data model for visual art. Recently he talked to Editor Sunil Rajguru from his wonder-filled studio in Germany- where he zoomed in on some technology pixels that are emerging in the milieu of an artist. He believes- and persuades- that the artist will stay in the driving seat - as technology's tint gets stronger ahead. Provided- artists do not get lazy or skip the brass-tacks. Let's look at some finer strokes of this future-sketch.
Can EdTech Bridge the Gap with Al-Driven Skilling?
In India, with over 1.4 billion people, traditional education struggles to meet the needs of a growing population. Sixty-five percent of the populace is under 35, yet lacks the skills crucial for a modern economy. McKinsey estimates that 450 million workers need upskilling by 2030 to match industry demands. Urgent innovation is required to bridge the gap between potential and opportunity for India's future prosperity.
Hey car, activate autopilot mode! Explore the future of driving
The roar of the engine is fading, replaced by the hum of innovation. The automotive industry is undergoing a revolution, powered by cutting-edge technology. Buckle up as we shift into high gear and explore how advancements in electrification, connectivity, and artificial intelligence are reshaping the way cars are built and driven. We'll dive into the latest tech trends and hear from Vinod Khode, Group Chief IT Officer, Varroc, a leading auto parts manufacturer, about how they're using these advancements to stay ahead of the curve. In conversation with Minu Sirsalewala, Executive Editor, Dataquest.
Advancing Smelting Technologies: From traditional smelting to cutting-edge integration
With a wealth of experience and expertise, C Chandru, the CEO of Smelters at Hindustan Zinc Limited, has been instrumental in steering Hindustan Zinc towards technological advancements and operational excellence. In this exclusive interview, we discuss the innovative approaches adopted by Hindustan Zinc, exploring its evolution from traditional smelting methods to the integration of cutting-edge technologies such as AI, drones, and IoT. Join us as we uncover the insights and strategies driving Hindustan Zinc's success in the ever-evolving landscape of smelting technologies. Excerpts
Unleashing India’s Tech Potential: Make in India Apps for Global Impact
The opening fireside chat of the Dataquest Digital Leadership Conclave, held as part of the prestigious ICT Awards, set the stage for a compelling discussion on \"Make in India Apps for the World.\" This thematic session underscored India's burgeoning role in the global tech landscape, spotlighting how Indian startups are spearheading innovation to address global challenges. In this article, we delve into the transformative journey of India's tech ecosystem and explore how entrepreneurs are leveraging their expertise to create impactful solutions on a global scale.
India's Path to Superpower Status by 2047
In the wake of the Dataquest Digital Leadership Conclave, India 2047, a special discussion moderated by Pradeep Gupta, Chairman of the CyberMedia Group, illuminated the trajectory of India's tech journey towards global eminence. Delving into crucial facets of growth, challenges, and strategic imperatives, the panelists, comprising eminent figures from the industry, outlined a comprehensive roadmap towards realizing India's potential as a tech superpower by 2047.
“We Did It!”: Dataquest ICT Jury Awards Showcase Winners’ Speeches Highlighting Indian Pioneering Spirit
At the Dataquest ICT Jury Awards, Srikanth Velamakanni, Co-founder of Fractal Analytics, Dr. BVR Mohan Reddy, Founder of Cyient, and Raman Roy, CMD of Quatrro BPO Solutions, each expressed their gratitude for the recognition bestowed upon them.
