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Artificial Intelligence Expected to Double Innovation Rate in India by 2021

To meet the AI skills required by business leaders, Microsoft had announced the launch of its AI Business School earlier this year

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There are many good uses of AI, but it can be misused too.
AI can now help astronomers find life on other planet. Pixabay

Artificial Intelligence (AI) is expected to more than double the rate of innovation and employee productivity in India by 2021, said a new Microsoft-IDC study on Monday.

While only one-third of organisations in India have embarked on their AI journeys, those companies that have adopted this technology expect it to increase their competitiveness by 2.3 times in 2021, said the study that surveyed 200 business leaders and 202 workers in the country.

“Economies and businesses that have yet to embark on their AI journey run a real risk of missing out on the competitive benefits that are enjoyed by leaders,” said Rohini Srivathsa, National Technology Officer, Microsoft India.

According to the findings, India needs to build upon its investment, data and strategy in order to accelerate its AI journey.

The study also underlined the need for cultural changes and skilling and re-skilling workforces to make AI work for the country.

The enterprise solutions major has integrated SAP CoPilot with the "SAP S/4HANA" Cloud.
“A tectonic shift is happening in AI. Nearly 85 per cent of enterprises globally will use AI in some form or the other by 2020.”

The rise of AI means that there was a necessity for workers to re-skill and upskill to remain relevant and play a part in the workforce of tomorrow, Srivathsa said.

“The jobs of today will not be the jobs of tomorrow, and we have already seen demand for software engineering roles expand rapidly beyond just the tech sector,” Srivathsa added.

To help developers and organiaations build expertise in Cloud computing, data sciences, AI and Internet of Things (IoT), Microsoft on Monday also announced the roll out of the “Week of AI”, a specially curated five-day workshop series.

Also Read- Microsoft Partners with Alphabet on Quantum Computing: Report

The session will be addressed by data scientists and AI experts from companies such as Flipkart, Reliance Jio and InMobi that are leading the way in transforming their businesses and the industry with technology, Microsoft said.

To meet the AI skills required by business leaders, Microsoft had announced the launch of its AI Business School earlier this year. (IANS)

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Flipkart Brings First Nokia-branded Smart TV in India: Report

The visuals of the TV are bolstered with "MEMC" technology, which eliminates blurs and judders for a screen shift devoid of lags, thus, offering better picture definition

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Flipkart Buys Back Shares Worth $350 mn.
New e-commerce norms to impact e-tailers: Flipkart. IANS

Flipkart on Thursday launched the Nokia Smart TV in India as part of their strategic partnership. Priced at Rs 41,999, the Nokia-branded smart TV is currently available in a 55-inch variant and features “Sound by JBL”.

The smart TV will be available on the e-commerce platform starting December 10 and the firm will expand the line up of 4K variants in the coming months.

“The acoustics of the Nokia Smart TV has been engineered by JBL, which will let customers experience clear vocal tones and minimal harmonic distortion. True to JBL’s brand recall, the Nokia Smart TV will also enjoy deep bass tones, typically popular with Indian audiences,” the company said in a statement.

Notably, this is the first time that JBL is extending its audio expertise in television space in India.

The TV is powered by 24 watt built-in speakers, “DTS TruSurround” and Dolby Audio to enhance the overall audio experience.

Flipkart will provide complete TV protection for Nokia-branded smart TVs, which is available at a launch price of Rs 999.

Flipkart, Nokia
Flipkart earlier entered into a strategic partnership with Nokia to launch Nokia smart TVs in India. Wikimedia Commons

The programme gives consumers a coverage of three years against manufacturing defects and accidental damages, along with a guaranteed buyback value at the end of three years.

The Nokia Smart TV offers intelligent dimming that helps produce deeper blacks through accurate backlight control and a wide colour gamut.

It comes with the Android 9.0 Operating System (OS) that will allow users access a host of apps on the Android TV Play Store.

Also Read: Sony Unveils Alpha 9 II Camera in India for Rs 3,99,990

It sports a quad-core processor and 2.25GB RAM and 16GB ROM.

The visuals of the TV are bolstered with “MEMC” technology, which eliminates blurs and judders for a screen shift devoid of lags, thus, offering better picture definition. (IANS)