Category technology

Today, AMD launched a new AMD Software: Adrenalin Edition technical preview, which introduces AMD Fluid Motion Frames 2, our cutting-edge frame generation technology designed to increase frame rates and gameplay smoothness across thousands of games. AFMF 2 is supported on AMD Radeon RX 6000 and 7000 series graphics cards and select AMD Ryzen Processors with Radeon Graphics and adds new optimizations and tunable settings for a better frame generation experience, including:

• AI-optimized Enhancements – AFMF 2 provides significant improvements to frame generation by using AI-optimization when developing the updated algorithm, resulting in improved frame generation smoothness. In addition, to enable more control over how AFMF works with your games, AFMF 2 introduces two new modes where the optimal settings are automatically enabled but advanced users can adjust them to their preferences.
• Performance Improvements – AFMF 2 features a new “Performance” mode that reduces the overhead of AFMF 2 to help make high frame rate gaming experiences more achievable on a wider range of devices. This is especially beneficial when using AFMF 2 with integrated graphics cards and is now the default “Auto” setting on supported AMD Ryzen Processors with Radeon Graphics.
• Lower Latency Frame Generation – experience significant improvements in reducing latency added by frame generation with the latest version of AFMF. These improvements apply across the board when using AFMF 2, no matter the settings mode, resolution, or hardware used.
• Other Updates and Improvements – AFMF 2 now supports borderless fullscreen mode when using AMD Radeon™ RX 7000 and Radeon 700M series graphic cards. Also, AFMF 2 now supports games that use Vulkan and OpenGL, further increasing the already vast number of games that can be used with AFMF. Additionally, we’ve enabled interoperability with AMD Radeon Chill.

Bangalore, 30^th July 2024: AI & Robotics companies accounted for 21% of Bengaluru’s absorption in Q2 2024, as per Vestian’s quarterly office market report, The Connect Q2 2024. Rapid global advancement of artificial intelligence, combined with a supportive ecosystem, has significantly driven the demand for office space in the city. Overall, IT-ITeS sector, including AI & Robotics, accounted for 69% of the city’s absorption in Q2 2024.

Bengaluru contributed the highest to pan-India absorption with 25% share in Q2 2024, followed by Hyderabad and Mumbai at 20% each. Pune reported the highest quarterly growth, around 307%, in value terms whereas absorption declined by 48% in Chennai during Q2 2024. NCR also witnessed a quarterly decline of 37% during the above-mentioned period. All the cities except Chennai and NCR reported an increase in absorption on quarter and on year.

Absorption:

Note: Data for Grade A Office Space

Source: Vestian Research

 IT-ITeS sector dominated absorption with 38% share in Q2 2024, followed by BFSI and Consulting Services at 12% and 10% respectively. Flex Spaces accounted for 8% of the total absorption during the current quarter.

H1 2024 witnessed absorption of over 30 Mn sq ft, registering an uptick of 18% compared to H1 2023. As the demand for grade-A office spaces is robust across the top seven cities of India, the entire year (2024) is expected to cross the 60 Mn sq ft mark again after peaking in 2023.

Absorption reached 17.04 Mn sq ft in Q2 2024, registering an increase of 27% over the previous quarter and 23% over the same quarter a year earlier. The surge could be attributed to improved global macroeconomic scenario and India’s robust growth amid global geopolitical challenges.

Following a similar trend, new completions also increased by 17% in H1 2024 over H1 2023, reaching 23.2 Mn sq ft. Additionally, Q2 2024 witnessed a quarterly increase of 15% and a yearly rise of 10% in new completions. All the cities except Pune and Bengaluru witnessed an uptick in construction activities during the current quarter compared to the previous quarter. Moreover, Mumbai reported 3.3 Mn sq ft of new completions during Q2 2024, registering the highest quarterly rise of 230%.

Bengaluru dominated new completions with 28% share, closely followed by Mumbai with 27%. Southern cities (Bengaluru, Chennai, and Hyderabad) accounted for 57% of the total new completions reported in Q2 2024, however, the share has dropped from 63% a quarter earlier.

New Completions:

Note: Data for Grade A Office Space

Source: Vestian Research

Shrinivas Rao, FRICS, CEO, Vestian said, “Despite global geopolitical challenges, India’s office markets reported robust real estate activities during Q2 2024. The quarter has already set the tone for robust  leasing and construction activities for the current calendar year.”

Mr. Rao further added, “Real estate activities are anticipated to increase further on the back of strengthened demand from IT-ITeS and BFSI sectors. Flex Spaces are also likely to play a pivotal role in the growth of office markets in India.”

MUMBAI, July 30, 2024 — Rashi Peripherals Limited (NSE: RPTECH; “RP Tech”), one of India’s premier national distribution partners for global technology brands, today announced its exclusive partnership with DataCore Software, a leading provider of award-winning data storage solutions with a global footprint across multiple industry verticals.

As businesses navigate the complexities of an evolving digital landscape, they face unprecedented demands in storing, protecting, and managing their data. RP Tech and DataCore are joining forces to deliver transformative solutions that enhance performance, improve IT efficiencies, and ensure zero downtime availability. This synergy empowers enterprises to optimize their data infrastructures, ensuring they stay resilient, agile, and competitive in an increasingly data-driven world.

Rajesh Goenka, CEO of Rashi Peripherals said, “Our exclusive partnership with DataCore is a significant step in expanding RP Tech’s software solution distribution capabilities. We see a burgeoning demand for advanced storage solutions, and this collaboration will enable us to offer a comprehensive suite of future-ready products to our customers. With our distribution prowess, we will provide DataCore with the widest reach for its solutions and services. We are committed to leveraging joint marketing and innovation efforts with DataCore to deliver exceptional value to our customers and channel partners.”

DataCore brings over 25 years of expertise in software-defined storage, having pioneered innovations that cater to a diverse range of infrastructures, industries, and geographies. Its history of advancements in storage technology has established DataCore as a trusted leader in enabling organizations to manage vast data environments efficiently, overcoming hardware supplier lock-ins and other infrastructure constraints. The company’s solutions support business continuity and disaster recovery for critical workloads, offer data protection for backups and enable archiving of fast-growing unstructured data, among other capabilities. DataCore remains at the forefront by incorporating modern technologies such as AI, containers, and advanced cybersecurity paradigms, further enhancing the value and versatility of its data storage offerings.

“Partnering with RP Tech enables us to tap into their extensive distribution network and extend our proven data storage solutions to a far wider audience across India,” said Amanda Bedborough, Chief Revenue Officer at DataCore. “This strategic alliance will address critical data challenges across core, edge, and cloud environments, enabling businesses to effectively manage and safeguard their data assets in a rapidly evolving IT landscape. Building on our R&D and customer engineering investments in Bangalore, we now aim to strengthen our partner channel and drive substantial growth together.”

As India undergoes a phenomenal economic transformation by rapidly embracing digital technologies, the IT sector is compelled to innovate and deploy cutting-edge solutions to manage the immense data surge and connectivity demands. This partnership between RP Tech and DataCore is well-positioned to capitalize on these market trends, offering sustainable data center frameworks and private cloud services to address the evolving needs of enterprises and mid-market businesses. Key areas of focus include verticals such as finance, healthcare, education, retail, manufacturing, telecom, media and entertainment, and government. To ensure the success of this initiative in India, RP Tech has developed a strategic roadmap for the next 1-3 years. This plan focuses on leveraging industry events, channel meetups, and promotional activities to amplify DataCore’s presence. Combining targeted marketing efforts with innovative channel programs, RP Tech aims to foster new opportunities and accelerate growth in the sector.

Disclaimer:

This press release by Rashi Peripherals Limited (the “Company”) is for informational purposes only and does not constitute an offer, recommendation, or invitation to purchase or subscribe to any securities. The information provided is based on data deemed reliable by the Company, but its accuracy, completeness, and fairness are not guaranteed. The Company disclaims any liability for errors or omissions. Certain forward-looking statements regarding market opportunities and business prospects are not guarantees of future performance and involve risks and uncertainties. Actual results may differ significantly. The Company is not obligated to update these statements and does not endorse third-party projections included herein.

Mumbai, July 29, 2024: eClerx Services Ltd (ECLERX.NS) eClerx announced today that its GenAI360 Platform has been named the Silver winner for AI Innovation at the 19th Annual 2024 Globee® Awards for Technology.

More than 1,700 nominations were received for the award. The Globee® Awards for Technology is a renowned program celebrating outstanding achievements and innovations across the tech industry.

The eClerx GenAI360 Platform focuses on content, virtual customer care, code automation, and insights across various business needs. By integrating advanced foundation models, GenAI360 delivers improved efficiency and creativity to users in multiple use cases.

“We are thrilled and honored to receive this recognition from the Globee® Awards,” said eClerx Global Head of Technology Sanjay Kukreja. “This Silver award is a testament to our commitment to delivering innovative solutions leveraging the latest in technology with a focus on empowering businesses to achieve greater efficiency, quality, and better insights. It reflects our dedication to continuous innovation and excellence in technology.”

Globee Awards President San Madan added, “Congratulations to all the exceptional winners of the 2024 Globee Awards for Technology. Your groundbreaking innovations and unwavering dedication have set a new standard of excellence in technologies everywhere. At Globee Awards, we proudly celebrate your remarkable achievements and look forward to witnessing the transformative impact you will continue to make in the world. Keep pushing the boundaries of what’s possible and inspiring us all.”

The award is the second of two awards the platform has won in 2024. In January, the eClerx GenAI360 Platform was selected as a winner of the BIG Innovation Awards 2024, an annual business accolade by the Business Intelligence Group.

For more information, visit https://eclerx.com/genai360-platform/

About eClerx

eClerx provides business process management, automation, and analytics services to a number of Fortune 2000 enterprises, including some of the world’s leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies. Incorporated in 2000, eClerx is today traded on both the Bombay and National Stock Exchanges of India. The firm employs more than 16,800+ people across Australia, Canada, France, Germany, India, Italy, Netherlands, Philippines, Singapore, Thailand, the UK, and the USA.

For more information visit www.eClerx.com.

New Delhi, July 29, 2024: MediaTek, the world’s leading fabless semiconductor company, powering over 2 billion connected devices a year, and JioThings Limited, subsidiary of Jio Platforms Limited and the only provider of end-to-end cutting-edge IoT solutions, today announced the launch of “Made in India” Smart Digital Cluster and Smart Module specially tailored for the 2-wheeler (2W) market. This collaboration brings together MediaTek’s advanced chipset technology and Jio Things’ innovative digital solutions to strengthen its presence in the 2-wheeler space and revolutionise the electric vehicle (EV) landscape.

Mr. Kiran Thomas, President and CEO, Jio Platforms Limited, commented on the partnership “Jio Things is pleased to collaborate with MediaTek to revolutionize the Mobility industry with our 4G Smart Android Digital Cluster, App Suite and Smart Module solutions. This collaboration firms up our commitment towards India-led global innovation and enhancing customer experiences in IoT technology, integrating MediaTek’s advanced chipset with our cutting-edge digital solutions to set new benchmarks offering seamless performance and unparalleled customer experience tailored for the future of mobility.”

This long-term strategic collaboration will deliver Android based smart digital cluster solution in India and the global market. The JioThings smart digital cluster is based on AvniOS, an AOSP based operating system that provides OEMs a unique and competitive edge supported by strong MediaTek chipset level performance and support for critical firmware/base OS release. Smart Digital Cluster & Operating System enables real-time data analytics, customizable interfaces, voice recognition for effortless control, and a comprehensive Cluster OS for seamless integration with Vehicle controllers, IoT-enabled charging infrastructure and Smart Battery Management System optimized for EVs. Through this offering, customers will now have access to “Jio Automotive App Suite” which includes services like Jio Voice Assistant, JioSaavn, JioPages, JioXploR and various other unique service bundles thus delivering a new age and holistic experience to the 2-wheeler users.

Smart Digital Clusters have become integral part of vehicle experiences and draws converges from stationary to mobility use-cases. The collaboration is aimed at providing seamless digital experiences to the 2-wheeler users on one end, at the same time reducing the time to market for OEMs significantly in building and integrating solutions. With MediaTek’s strong legacy in building cutting edge chipsets and Jio’s history in product innovation, this solution provides a turnkey offering to the market not just for India but also globally.

“Our collaboration with Jio Things on the 2-wheeler Smart Digital Cluster powered by MediaTek strengthens our commitment to innovation in both the IoT and automotive sectors. This cluster aligns with our vision for the future of 2-wheeler smart dashboards. By providing OEMs with a competitive edge in the fast-growing 2-wheeler EV market, this solution offers early access to MediaTek’s latest technologies and key software features at the OS level.” said Jerry Yu, Corporate Senior Vice President and General Manager of the Intelligent Devices Business Group, MediaTek.

“MediaTek’s collaboration with JioThings on the designed and manufactured in India Smart digital cluster and smart module for the 2-wheeler market is a testament to our commitment to innovation and excellence in India. This solution leverages MediaTek’s advanced chipset technology and JioThings’ visionary digital solutions to deliver next-generation smart clusters that meet the ever-changing needs of the global 2-wheeler market. Together, we are poised to transform the rider experience and drive the next wave of mobility innovation on a global scale.” said CK Wang, General Manager, IoT business unit, MediaTek.

With the Indian 2W EV market projected to reach 10,000 Crores by end of 2025 with more than 3 million vehicles on road and growing at a CAGR of 50% over next 5 years, this collaboration between Jio Things and MediaTek will cater to the rising demand of electronic vehicles in the automotive industry. It marks a significant milestone for both MediaTek and Jio Things, to build smart digital cluster and strengthening their presence in the 2-wheeler space in India.

TOKYO – July 29th, 2024 – NTT DATA a global digital business and IT services leader,  announced it has been named a Leader and a Star Performer by industry analyst firm Everest Group in its Sustainability Enablement Technology Services PEAK Matrix® Assessment 2024 report. Strengths highlighted in the report included NTT DATA’s comprehensive sustainability services, including ESG data management, net zero consulting, sustainable IT and supply chain sustainability. Known for its commitment to operational excellence and exceptional customer support, the report noted clients’ appreciation of NTT DATA’s technical expertise and overall project management capabilities, highlighting the team’s proactiveness and productivity during engagements. The report also cited NTT DATA’s ability to leverage its own sustainability initiatives and Japanese heritage as a strength.

Further strengths included NTT DATA’s efficiency in leveraging cutting-edge technologies to support its clients, integrating emerging technologies such as Generative AI, IoT and blockchain to build unique IPs for “momenttum.ai” and “IoTrace” as it continues to invest heavily in industry and geography specific R&D.

The report also chronicles several customer success stories including one project in which NTT DATA supported an automotive customer as it decarbonized its supply chain. By deploying a custom analytics solution for identifying the company’s Scope 3 emissions for outbound transport, NTT DATA was able to help the customer understand its overall CO2 footprint and more effectively address inefficiencies to reduce emissions.

“This report reflects our unwavering commitment to sustainable practices and our dedication to achieving net-zero emissions across our operations by 2030, and solutions and value chain by 2040 through green innovation,” said David Costa, Chief Sustainability business Officer, NTT DATA, Inc. “As a trusted global innovator, we are focused on helping our clients and partners reduce their carbon footprint, adopt greener practices, navigate complex compliance landscapes and meet their sustainability ambitions. Being included as a Leader and a Star Performer in Everest Group’s PEAK Matrix® report is truly a testament to the outstanding innovations being created by NTT DATA.”

Everest Group chose Leaders based on the overall vision, capabilities, and market impact of 24 sustainability enablement technology service providers and the report identified several of NTT DATA’s distinguishing features. Notably, the organization has exhibited increased sustainability-first engagements with mature end-to-end solutioning needs and has established a dedicated Green Innovation Office as it significantly increases its market presence and drives globally integrated decarbonization efforts, both internally and for its clients.

“Sustainability enablement technology services are crucial for enterprises aiming to reduce their environmental impact. By partnering with experts, enterprises can achieve strategic sustainability goals, driving innovation and maintaining a competitive advantage,” says Rita N. Soni, Principal Analyst, Everest Group. “NTT DATA has emerged as a frontrunner in the sustainability enablement technology services landscape, with a comprehensive suite of solutions including net zero consulting and sustainable IT. By integrating advanced technologies like IoT and blockchain and leveraging its Japanese heritage, NTT DATA offers enterprises robust capabilities that drive efficiency and innovation. It enhanced strategic branding efforts to further solidify its position in the market. As a result, it has been featured as a Leader and Star Performer in Everest Group’s Sustainability Enablement Technology Services PEAK Matrix® Assessment 2024.”

Greater Noida, India, July 29, 2024: Coforge Limited, a global digital services and solutions provider, has been named a Leader in the 2024 NelsonHall Vendor Evaluation & Assessment Tool (NEAT) vendor evaluation for Asset and Wealth management services in the ‘Overall’ segment and the ‘AI & Analytics Services’ Market segment.

The evaluation was conducted by NelsonHall, a leading global analyst firm specializing in digital business transformation. This NelsonHall Vendor Evaluation & Assessment Tool (NEAT) analyzes the performance of vendors offering Asset and Wealth management services. The firm assessed 13 vendors across various criteria including cloud migration, process automation, AI & analytics services, and professional services.

Coforge’s Asset and Wealth management services business delivers consulting, design, deployment, implementation, and managed services for W&A clients in the U.S., the U.K., Benelux, and Australia. 92% of Coforge’s Wealth and Asset services business comes from repeat clients; the average Coforge-client relationship spans 12 years. Coforge offers a large portfolio of market research and data management services and has extensive compliance experience. Its managed service offerings address evolving European regulations. The company’s data discovery and movement testing solutions add to its strength. Coforge offers clients a variety of engagement models that commit to outcomes to enable clients to reduce upfront investment in change and focus their internal efforts on running their business. The company grew its Asset and Wealth management revenues by 15% in 2023. NelsonHall estimates that Coforge’s W&A services revenues will grow 12% annually over the next three years.

“Coforge enables clients to transform their Asset and Wealth management operations with RPA, security, RegTech, AI, and Cloud migration services,” said Andy Efstathiou, Program Director for Banking at NelsonHall. “Its proprietary technology deployment tools also enable clients to leverage functionality faster to support their customers’ needs.”

“Coforge is honored to be recognized as a Leader by NelsonHall in the ‘Overall’ and ‘AI & Analytics segment’. This reflects our ability to deliver immediate benefits to our Asset and Wealth Management clients but also meet future client requirements with our AI & Analytics Services capabilities” said Gautam Samanta, President and Global Head, BFS, Coforge. Samanta added, “A key contributor to this recognition has been our partnerships with solution vendors and our significant IP portfolio which has helped us enhance business and operational effectiveness for our clients.”

Coforge has 3.5k FTEs working in W&A services, delivered from a network of centers in 12 countries, including in India, North America, Rest of APAC, and EMEA.

New Delhi, India, 26th July 2024 – Panasonic Life Solutions India (PLSIND), a leading diversified technology company, today launched a new range of state-of-the-art Video Door Phones in India, tailored for the needs of builders and standalone households. The innovative lineup by Panasonic’s The System Solutions Division (SSD) includes Analogue, Hybrid and IP-integrated models: VL-VA514, VL-SA74, VL-SA611, VL-SA72, and VL-SA71, each designed with weather and vandal proof ratings enhancing the overall home security with 2 tier and 3 tier security features. This range will be available at retail outlets and authorized distributors across the country and Panasonic’s D2C store.

Commenting on the launch, Vijay Wadhawan, Director, System Solutions Division, Panasonic Life Solutions India said, “As the demand for integrated and sophisticated home security solutions continues to rise, we, at Panasonic, are committed to providing innovative products that cater to the evolving needs of our customers. This new range not only enhances security but also integrates seamlessly into modern smart home ecosystems, making it an ideal choice for contemporary residential developments and smart living. Backed by Japanese technology and with over 70 years of expertise in surveillance solutions, our new range of video door phones is equipped with state-of-the-art technology with robust performance, offering unmatched reliability and seamless connectivity. It delivers crystal-clear video quality, even when it’s dark, ensuring precise visitor identification. These advance devices allow homeowners to remotely monitor their premises while ensuring convenience and security. The new range offers flexibility and can be integrated with existing security solutions installed in residential spaces including apartment buildings, and single-family homes. We believe that these next-generation solutions will redefine home security in India, providing our customers with the peace of mind they deserve.”

The VL-VA514 model is a versatile video intercom system tailored for multi-floor installations, supporting up to four floors. The model features a hands-free video intercom for effortless communication with visitors, a high-definition door camera with 2MP resolution for crystal-clear video quality, and a weatherproof (IP65) and vandal-proof (IK10) design ensuring durability in all environments. Additionally, the VL-VA514 offers color night vision with white light for clear visibility even in low-light conditions. It supports both analogue and hybrid monitors, and RFID card unlock support for convenient and secure access. The system also features noise suppression and echo cancellation for enhanced audio clarity.

The VL-SA74 model is an all-encompassing IP video door phone solution designed for modern homes. Its standout features include a 7-inch-wide color screen for a large, vibrant display, a room-to-room intercom for seamless internal communication, and support for multiple indoor and outdoor units for versatile installation options. This model also boasts Wi-Fi and mobile app access for remote monitoring and control via the Panasonic SmartWiFi app, as well as alarm sensor integration and motion detection alerts for enhanced security.

Designed for hybrid connectivity, the VL-SA611 offers a hands-free video intercom and a high-definition door camera for superior video and audio quality. It supports the integration of multiple indoor and outdoor units, provides SD card support up to 256 GB for extensive storage capacity, and offers real-time monitoring through the Panasonic SmartWiFi app.

The VL-SA72 is a reliable video door phone system featuring analog CCTV camera integration for compatibility with existing security setups, 100-image storage with built-in memory along with SD card support of up to 32 GB storage capacity for convenient access to stored video clips, and electric lock integration for enhanced security control.

Lastly, the VL-SA71 model is a robust and essential video door phone model providing room-to-room intercom and electric lock integration as core security functionalities. It features a weatherproof and vandal-proof design, making it durable and reliable for various environments, and supports analog CCTV camera integration for easy integration with traditional security systems.

Key features:

High-Definition Video Quality: The new series boasts high-definition cameras, ensuring crystal-clear video footage for enhanced security monitoring.
Two-Way Communication: Features advanced two-way communication, allowing residents to speak directly with visitors from the safety and comfort of their homes.
Night Vision: Equipped with superior night vision capabilities, the video door phones ensure round-the-clock security.
Elegant Design & Premium Product: Designed to complement modern architectural aesthetics, the new series adds a touch of sophistication to any property.
Smart Integration*: Seamlessly integrates with smart home systems, providing a cohesive and intuitive user experience.
Remote Access*: With the accompanying mobile app, homeowners can monitor and interact with their video door phone & integrated lock from anywhere, providing peace of mind even when they are away.

New Delhi, 26th July 24, Emerging technologies such as ADAS, AI, cybersecurity for software-defined vehicles, electric vehicles, in-vehicle connectivity, and connected vehicles are at the forefront of the automotive industry, according to industry experts who gathered at the EV & AutoTech Innovation Forum, organized by Konnect Worldwide. The softwarisation of the automobile or the Software Defined Vehicle (SDV), garnered the attention of the thought leaders of the automotive industry in India during the one-day event. The forum saw participation from prominent industry leaders and stakeholders who discussed the future roadmap of the Automotive industry in India. On the sidelines of the forum, the industry leaders led engaging conversations around emerging innovations in passenger cars connected mobility technologies along with software integration in Connected Vehicles and EVs that are disrupting the automotive industry.

Demand for innovative technology features, such as connectivity, high-performance computing, driver assistance/autonomous driving and safety, along with latest trends, such as electric vehicle and increased efficiency norms, are placing an ever-increasing emphasis on the role that software plays in a vehicle. The EV & AutoTech Innovation Forum 2024 focused on emerging Two-Wheelers AutoTech trends, hardware-software integration, emerging roadmap in EV charging technology and software defined vehicles & ADAS megatrends for the next decade. The Forum witnessed participation from hundreds of leading EV Enterprises, OEM’s & ODM’s, Auto Companies, Electronics & Sensors and Smart Devices Infotainment Manufacturers, Investors and Auto Sector Thought leaders across India.

The day-long event on the theme ‘Hello World, Disrupt the Future’ is supported by MediaTek, a world’s leading fabless semiconductor company powering nearly 2 billion connected devices a year as AutoTech partner.

The industry experts present at the EV & AutoTech Innovation Forum included leadership representatives from MediaTek, Jio, BOSCH, TVS, VVDN Technologies, Harman, Visteon, Euler Motors, TVS, LML, Omega Seiki Mobility, Maruti Suzuki among others. The interactive sessions focused on next-gen technologies such as Software Defined Vehicles, ADAS Megatrends, connected mobility, digital cockpit, AI-powered in cabin experience, software defined vehicles, Hardware-Software Integration & Emerging Roadmap in EV Charging Technology.

Speaking at the EV & AutoTech Innovation Forum, India, Mike Chang, Corporate Vice President and General Manager of Automotive Platform Business Unit, MediaTek said, “India is one of the world’s leading automotive growth hubs and as such a key focus market for us. The automotive landscape is witnessing significant transformation globally and the forum today is another milestone in driving insightful conversations for the future of mobility. New-age technologies in-vehicle such as intelligent automotive systems, Generative AI-powered cabins, ADAS, connectivity, cloud computing are fast-tracking automotive solutions with incredible experiences and advancements in vehicles. At MediaTek, leveraging our industry-leading expertise in smartphone, connectivity and multimedia technologies will add to strengthening our Dimensity Automotive portfolio to drive key capabilities that includes impressive Generative AI, high-performance computing, extensive feature integration, and innate energy efficiency. Our collaborations with OEMs help to deliver immersive, advanced in-vehicle user experiences with cybersecurity capabilities and enhanced connectivity.”

Anku Jain, Managing Director, MediaTek India said, “As new disruptive technologies take centerstage, India is leading the future of automotive advancements and disruptions. MediaTek, with the MediaTek Dimensity Auto Portfolio, is driving the future of intelligent, always-connected vehicles. After witnessing dominant growth in the smartphone and smart devices market, we are gearing up to expand our focus on the automotive sector. Our focus is to leverage decades of expertise across several categories in technology to deliver the smart life on wheels and help drive the wider ecosystem and ultimately new experiences and capabilities in vehicles.”

Harshvardhan Sharma, Head Auto Retail Practice, Nomura said “As we stand on the cusp of a new era in automotive innovation, the importance of connected and digital cockpits, along with software-defined vehicles and advanced driver-assistance systems (ADAS), cannot be overstated. These technologies are set to revolutionize the driving experience, enhancing safety, connectivity, and convenience for drivers across India. It’s a privilege to be part of the conversation’s at the EV & AutoTech Innovation Forum, where industry leaders deep-dived into the transformative potential of these advancements and explored the future of automotive technology in India.”

Aman Khanna, Founder & Director, Konnect Worldwide added Electric Mobility is a top priority of Govt. of India with a target of 30% electric vehicles by 2030. We are thrilled to host this power packed industry event & offer a best platform in the country to the wide range of tech companies, Investors and other key stakeholders in Automotive Sector. EV & AutoTech Innovation Forum further cemented our resolve in designing quality platforms to empower industry leaders in terms of interacting, connecting and exchanging ideas – thereby leading to a positive change. We are thankful to the industry for the overwhelming support to EV & AutoTech Innovation Forum.

Mumbai, July 25, 2024: As the automotive industry accelerates towards a sustainable future, the demand for professionals who can design and develop hybrid electric vehicles (HEVs) is surging. With the Indian government’s ambitious target of electrifying 30% of new vehicle sales by 2030, the industry needs skilled professionals who can bridge the gap between conventional automotive engineering and the rapidly evolving EV and Hybrid EV space. In response to the growing need for expertise in the rapidly evolving field of vehicle electrification, the Indian Institute of Delhi (IITD), acclaimed for its 2nd rank in the Ministry of Education’s NIRF 2023 rankings in Engineering, announced the launch of a first-of-its-kind Certificate Programme in Hybrid Electric Vehicles (HEVs) Design.

This high-impact 6-month programme is specifically designed for engineers from mechanical, electrical, automotive, and allied areas seeking to establish a strong foundation in EV/HEV technology. It is also tailored for professionals transitioning from traditional internal combustion engine technology to EVs and HEVs. Additionally, it also caters to professionals aiming to fortify their existing expertise in the EV/HEV sector, providing them with the advanced knowledge and skills required to design and develop innovative, sustainable, and efficient hybrid electric vehicles that meet the industry’s evolving needs.

According to the report by Arthur D. Little titled Transforming India into a Global Automotive Hub: Roadmap for the Automotive Ecosystem, the Indian automotive industry is expected to be worth $1 trillion by 2035. Another report by research firm Counterpoint highlights that India’s EV market expected to grow by 66% in 2024. In order to meet this demand and bridge the gap in EV industry, there is a need for skilled professionals who can design, develop, and manufacture hybrid electric vehicles. The IITD Certificate Programme in Hybrid Electric Vehicles (HEVs) Design rightly integrates key concepts spanning thermodynamics, IC engines, electric machines and drives, power electronics, automotive hybridisation, and battery design and modelling providing participants with a comprehensive outlook to drive innovation.

The IITD Certificate Programme in Hybrid Electric Vehicles (HEVs) Design includes live sessions delivered and designed by renowned IITD faculty in line with the FAME scheme, industry-oriented insights, a Capstone project guided by the top IITD faculty and an opportunity for networking in the automotive industry. It also includes an optional 1-day campus immersion at the IIT Delhi campus towards the end of the programme providing exposure to the facilities at the Centre for Automotive Research and Tribology (CART). The modules of this programme include complexity of technology integration; energy storage systems; design, operation, & modelling of batteries; and automotive hybridisation and electrification (AHE) among others.