Big Data Current Affairs - 2019
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NITI Aayog and ABB India have signed Statement of Intent (SoI) to help India leverage power of advanced technologies, including robotics and artificial intelligence. Under it, two parties will work towards making key sectors of Indian economy ready for digitalised future and realise potential of AI, big data and connectivity.
NITI Aayog will work with ABB across various sectors of economy, such as power and water utilities, industries like food, heavy industries and transport (rail and metro), electric mobility and infrastructure to suggest solutions for digitalization, incorporating Internet of Things (IoT) and AI technologies.
Through this SoI, NITI Aayog will facilitate participation of policymakers and government functionaries in workshops and training programs organized by ABB India. Such programs will aim to sensitize policymakers and officials about relevant AI capabilities, and explore ways they can be used for revolutionizing manufacturing productivity.
NITI Aayog and ABB will jointly work with government ministries, solicit feedback for areas critical to them and discuss solutions using industrial automation, and digitalization technologies. Based on the interactions with ABB India, NITI Aayog will also make recommendations to government ministries for guidelines and policies regarding development and adoption of AI technology in such sectors.
It is Zurich-based technology company with presence across 100+ countries and over 1.3 lakh employees. It is pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally.