The biggest gaps lie in technology readiness, with only 9 per cent of companies possessing the necessary AI capabilities like machine learning frameworks, prebuilt algorithms, and dynamic compute.

Abhinav Srivastava, CIO, Daimler India Commercial Vehicles, talks about how technology is reshaping automotive safety.

Big IT firms such as Accenture, Infosys and IBM along with many midcaps like Persistent, Cyient, Global Logic and others have acquired smaller firms working in cutting-edge technologies.

Organizations can tap into $200 billion AI infrastructure built by Amazon, Microsoft, Google

He will report to Ashish Pandey, Global CIO, Dabur India, and Manish Mathur, CFO- International Business Division, Dabur

Chalo enhances public transport with AI-driven solutions, offering real-time bus tracking and data insights. This innovation improves passenger experience and operational efficiency and supports a data-driven culture within the organization. Vinayak Bhavnani, Co-Founder & CTO of Chalo, shares key insights.

With 40% of Amadeus’ product development happening in India, Sreejith A. R, Head of Creation Platform and Shared Services- APAC, details the factors that work for GCC, and the role of AI in making GCCs more efficient.

In an interview with ETCIO, Shalini Warrier, Executive Director, Federal Bank shares how their Digital CoE fosters a multi-disciplinary approach to banking, how it works together with the business to identify new opportunities, tenets of a bank-fintech partnership and how technology is at the fulcrum of every banking innovation.

GCC leaders discuss how by breaking silos, fostering collaboration, and focusing on execution and innovation, GCCs will be instrumental in India’s journey toward becoming a global economic powerhouse.

As India aspires to reach its future economic and growth goals, GCCs will play a pivotal role in driving economic growth, generating innovation, and creating leadership opportunities, state GCC leaders at the ET GCC Annual Conclave 2024.

As organizations become more complex, the necessity for collaborative leadership—where CXOs work together rather than in silos—has never been more pronounced.

At the recent ETCIO CDO Conclave, a panel discussion titled “Generative AI: The Real Disruptor” brought together industry leaders to explore the transformative impact of generative AI across various sectors.

Much like the Silk Road once connected India to the world, artificial intelligence (AI) — particularly generative AI — is weaving a new tapestry of connectivity and innovation. Industries across the nation are starting to benefit from the efficiencies and new customer experiences this new technology wave offers.

For large enterprises, Conversational AI isn't just another digital tool; it's becoming a strategic imperative. Consider this: a typical Fortune 500 company handles over 50 million customer interactions annually across various channels – from social media and websites to mobile apps and contact centers.

AI is a strategic tool that can provide a competitive edge and foster R&D and innovation through the specific use of the technology. But is it increasingly becoming a mere marketing spiel? Do companies and key stakeholders understand the power of AI and its implied use cases for their domain or business? If yes, who should push AI implementation and skilling objectives in an organization?

Expanding access to insurance is crucial for strengthening our country’s social safety net, addressing inequality, and building a more resilient society.

With the rise in cybercrime, India is today ranked 10th on the World Cybercrime Index. Indians lost more than Rs 1,750 crore to cyber criminals in the first four months of this year itself. In fact, according to the RBI's annual report, the number of online fraud cases has increased by 708% in the last two years.

“We have already crossed 7 million users on the Digi Yatra app. Every day, around 30,000 new users are enrolling in the system. In terms of usage, Digi Yatra has been used more than 30 lakh times across airports in India, and this number continues to grow rapidly.”

​Government policies and regulations play a crucial role in fostering technological adoption. Initiatives like the National Intelligent Transport Systems (ITS) policy and collaborations with technology companies are steps in the right direction

The continued spurt in food prices and fading of the high base effect likely led to a spike in October retail inflation figures. According to a report by the Union Bank of India, retail inflation based on the Consumer Price Index is seen jumping to 6.15 per cent, breaching RBI's 6 per cent tolerance band.

India-centric IT firms saw signs of recovery in the first half of the fiscal year, driven by growing tech spends in North America's BFSI sector, increased hiring, and improved revenue guidance. Experts foresee further tech spending bolstered by Donald Trump's US election win, which may lead to lower business taxes and favor skilled immigration, setting the stage for Indian IT firms to expand and innovate.

Researchers have developed a new laser that makes it possible to measure electron transition energies in small atoms and molecules with unprecedented precision. The instrument will help scientists test one of the bedrock theories of modern physics to new limits, and may help resolve an unexplained discrepancy in measurements of the size of the proton.

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Tropical Depression 18W formed west of Guam and strengthened into a tropical storm. NASA-NOAA's Suomi NPP satellite saw the storm heading into the Philippine Sea early on Sept. 12.

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The sixteenth tropical depression of the Eastern Pacific Ocean Hurricane Season formed on Saturday, Sept. 10 at 11 p.m. EDT and became a hurricane named Orlene early on Sept. 12. NASA-NOAA's Suomi NPP satellite captured an image of the strengthening storm.

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Satellite data from NASA revealed that powerful storms in Super Typhoon Meranti were generating almost a foot or almost 300 millimeters of rainfall per hour. The Global Precipitation Measurement mission or GPM core satellite measured the heavy rainfall on one side of the Category 5 super typhoon.

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Early on Sept. 12 Tropical Depression 19W formed east of Vietnam. NASA's Aqua satellite passed over the South China Sea and captured a visible image of the storm that had quickly started moving over Vietnam.

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A team of chemists has developed a method to yield highly detailed, three-dimensional images of the insides of batteries. The technique, based on magnetic resonance imaging (MRI), offers an enhanced approach to monitor the condition of these power sources in real time.

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Using high-tech human heart models and mouse experiments, scientists at Johns Hopkins and Germany's University of Bonn have shown that beams of light could replace electric shocks in patients reeling from a deadly heart rhythm disorder.

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The gusting westerly winds that dominate the climate in central Asia, setting the pattern of dryness and location of central Asian deserts, have blown mostly unchanged for 42 million years. A University of Washington geologist led a team that has discovered a surprising resilience to one of the world's dominant weather systems. The finding could help long-term climate forecasts, since it suggests these winds are likely to persist through radical climate shifts.

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Technology advancements are expected to continue to drive down the cost of wind energy, according to a survey of the world's foremost wind power experts led by Lawrence Berkeley National Laboratory (Berkeley Lab). Experts anticipate cost reductions of 24%-30% by 2030 and 35%-41% by 2050, under a median or 'best guess' scenario, driven by bigger and more efficient turbines, lower capital and operating costs, and other advancements (see Figure 1).

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NOAA's Suomi NPP satellite measured cloud top temperatures as it passed over Tropical Storm Malakas in the northwestern Pacific Ocean and found strong storms.

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A study, by San Diego Zoo Global conservationists, released this week (Sept. 12, 2016) is shedding new light on how scientists evaluate polar bear diet and weight loss during their fasting season. On average, a polar bear loses up to 30 percent of its total body mass while fasting during the open-water season. Although some scientists previously believed land-based foods could supplement the bears' nutritional needs until the sea ice returns, a new study published in the scientific journal Physiological and Biochemical Zoology has revealed that access to terrestrial food is not sufficient to reduce the rate of body mass loss for fasting polar bears.

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Like any other CIO I get several mails and calls and meeting requests from vendors – small and big, old companies and startups, current partners and potential partners. I must admit, I do not entertain most of the requests.

I did not bad mouth my predecessor. However, I never attempted to defend him or any of his actions. I fixed them!

It is crucial for CIOs to break free from set behaviors and relationships in order to establish IT as a full business partner. If CIOs complain that they feel ignored by the business, they are themselves to blame.

It is better to put forward our views and deal with the multitude of possible outcomes than to ponder what if we had spoken.

A CIO talks about the need to make judicious technology spends in the good times.

Given the low base and huge demand, the digital lending industry remains in an expansive phase. According to a recent report by IIFL FinTech, the digital lending market is expected to grow to a whopping USD 515 billion by 2030.

Germany is in intensive discussions with Intel, the economy ministry said on Friday, without commenting on how much state funding the company is set to receive for the project.

Over a third of Indonesia's population do not have access to the web, especially in far-flung areas of the world's fourth most populous country.

Internet and Mobile Association of India (IAMAI) had submitted its views to the CDCL opposing the prescription of ex-ante regulations for digital companies, saying that ex-ante measures “may limit growth not only of the market in question but the digital economy altogether”.

HDFC bank, ICICI Bank and others are deploying their own QR code stickers at merchant outlets, competing with the likes of Paytm and others.

The European Commission last week joined the Department of Justice in touting a breakup as a viable remedy for the California-based tech giant’s alleged monopoly abuses. A selloff order would strike at the heart of one of Google’s biggest money spinners, although it could still be years away due to the legal processes being played out.

Under the proposed legislation, the owners of platforms like Facebook, Google, Twitter, TikTok and podcasting services would face penalties worth up to five percent of annual global turnover -- some of the highest proposed anywhere in the world.

"With the development of Asia's largest airport at Jewar, the freight corridor, data centres, food park, toy park, medical device park, an Integrated Industrial Township in Greater Noida, multi-modal transportation hub, the region managed by the Noida, Greater Noida and Yamuna Expressway authorities has got a new identity," Nand Gopal Gupta said.

The draft was due to be released earlier this month, but was held back for fresh consultation with legal and industry leaders. This follows feedback from experts during the government’s outreach on the proposed Act, which began in March across multiple cities, including Bengaluru and Mumbai. The proposed regulations may also include provisions requiring companies to inform consumers how their data is being processed, sources said.

Google was fined 2 billion roubles in February 2022. The Federal Antimonopoly Service (FAS) at the time said Google's YouTube had a "non-transparent, biased and unpredictable" approach to "suspending and blocking users' accounts and content". The FAS said the previous fine it imposed on Google had been doubled due to non-payment.

The shutdowns also led to a loss of nearly $118 million in foreign investment and triggered over 21,000 job losses, the global non-profit Internet Society said in its report 'Netloss'.

Meta announced the LLaMA in February this year in several sizes (7B, 13B, 33B, and 65B parameters) so it can be used by a range of users and companies. At I/O 2023, Google also talked about multiple LLMs that are suited to companies of different sizes.

Both the companies are working to optimise the execution of Meta’s LLMs directly on-device without the need of cloud services. According to the chipmaker, the technology will enable applications, powered by Snapdragon, to work in areas with no connectivity or even in airplane mode. This will essentially bring generative AI capabilities from large companies using powerful processors to users’ hands.