IBM Current Affairs - 2019
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Azim Premji Chairman of Wipro Ltd will be felicitated with the Ernst & Young Lifetime Achievement Award. Ernst & Young, famously known as EY is a multinational professional services firm and is one of the “Big Four” accounting firms.
Motivational Journey of Azim Premji
Azim Premji was born on July 24, 1945, to an affluent Gujarati entrepreneur. He inherited Wipro, a vegetable oil company at the age of 21 after the sudden demise of his father.
Azim Premji was pursuing Electrical Engineering from Stanford University, USA when he took over the reins of his family business in 1966. He was written off to carry the herculean task and was publicly advised to sell his shareholding and give it into more mature hands. This further strengthened his resolve to make Wipro a success story.
Under his able leadership, Wipro diversified from hydrogenated cooking fats to bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products and hydraulic cylinders.
The expulsion of IBM from the Indian market led to a vacuum and Wipro ventured into software services taking advantage. The rest is history. He led Wipro from a hydrogenated cooking fats company to a pioneer in providing integrated business, technology and process solutions on a global delivery platform. Wipro Technologies is the largest independent R&D service provider in the world and is ranked among the top 100 technology companies globally.
In 2005 Premji was conferred the Padma Bhushan and Padma Vibhushan in 2011. Premji has also pledged to donate USD 2 billion for improving school education in India, the first of its kind by any Indian billionaire.
NITI Aayog has signed Statement of Intent (SoI) with IBM to develop crop yield prediction model using Artificial Intelligence (AI) to provide real time advisory to farmers in Aspirational Districts. The partnership aims to work together towards use of technology to provide insights to farmers to improve soil yield, crop productivity, control agricultural inputs with overarching goal of improving farmers’ incomes
The first phase of project will focus on developing model for 10 Aspirational Districts across states of Maharashtra, Rajasthan, Assam, Madhya Pradesh, Bihar, Jharkhand and Uttar Pradesh. The project will introduce and make available climate-aware cognitive farming techniques.
The project will also identify systems of crop monitoring, early warning on pest and disease outbreak based on advanced AI innovations. It also includes deployment of weather advisory, rich satellite and enhanced weather forecast information along with IT and mobile applications with focus on improving crop yield and cost savings through better farm management.
IBM will use AI to provide all relevant data and platform for developing technological models for improving agricultural output and productivity for various crops and soil types in identified districts. NITI Aayog will facilitate inclusion of more stakeholders on ground for effective last mile utilisation using insights generated through these models.