- Details
Intelligence of Things
Orginal Story by PYMTS.COM
There is scarcely an aspect of life that has not been thoroughly disrupted by the COVID-19 pandemic. The crisis has also dramatically exposed the degree to which consumers, employers and workers are relying on connected technology to carry on, whether through video conferencing, telemedicine or other digital platforms.
As rapid and profound as these recent shifts have been, they may just be early indications of how the Internet of Things (IoT) could potentially transform societies in the months and years ahead. A short list of potential IoT applications includes tracking new disease outbreaks, ensuring air quality and sanitation in buildings and transit systems, and minimizing transmission risks in hospitals.
While analysts have lowered their growth projections for many sectors of the economy, the outlook for the global IoT market remains bullish, with one study projecting that it will grow by double digits through 2021 to reach $243 billion.
In the May Intelligence of Things Tracker®, PYMNTS examines how consumers, businesses and governments are employing connected technology to adjust to new realities and to chart strategic paths forward.
Across The Intelligence Of Things (IoT) Space
- Details
A space where the barriers between humans and artificial intelligence will be removed.
Rachel Cormack
September 30, 2020 6:30PM EDT PT
Original Story Published at the Robb Report
After smartphones and smart homes, the next logical step is smart cities. Who better to take us there then superstar architect Bjarke Ingels, a noted off-the-wall thinker, and Terminus Group, a burgeoning Chinese tech firm that specializes in smart services.
Bjarke Ingles Group (BIG) recently unveiled plans for a striking, high-tech hub that will become the future headquarters for the firm. Located in Chongqing, BIG has billed AI CITY “the new center of innovation for China.” The development will be dedicated to “artificial intelligence, robotics, networking and big data.” Basically, it’s a place for the Terminus Group to hone all its next-gen technology while showcasing what’s possible with smart cities.
- Details
Bloomberg | Updated: Aug 29, 2019, 23:10 IST
On a steamy summer morning, dozens of buses pull up outside a cluster of low-slung, blue buildings in Andhra Pradesh. Women dressed in colorful salwar kameezes disembark, their dupatta body scarves billowing as they make their way past hibiscus bushes and posters proclaiming, “Our aim, no accident.”
The night shift at Foxconn Technology Group’s mobile phone plant in Sri City is ending, and thousands of young women are punching out as others stream in to replace them. One of the arrivals is Jennifer Jayadas, a tall, slim 21-year-old who lives several miles away in a two-room hut with no running water.
After gobbling down a free breakfast of chapatti flatbreads with a potato-and-pea curry, she dons a checked white hat, apron-shirt, static-resistant footwear and tiny finger gloves. Then Jayadas takes her place at a testing station where she will spend the next eight hours making sure the volume, vibration and other phone features work properly. “Smartphones used to be all made in China,” she says. “Now, we make them here.”
- Details
Private equity firms have invested over $4.2 billion into India’s realty market in the first half of 2019.
Original published by economictimes.indiatimes | Written by: Kailash Babar
The slew of reforms introduced in the Indian real estate sector over the past two-three years are helping the market move towards improved transparency and are therefore attracting more foreign institutional investors, said John Forrester, global president, Cushman and Wakefield.
“With RERA (Real Estate (Regulation and Development) Act, 2016), GST (Goods and Services Tax), insolvency & bankruptcy law, all of these reforms, the Indian economy is getting more sophisticated, and it's an easier place to do business. With the added sophistication and the added ease of doing business, all of a sudden risk return moves into India’s favour,” he told ET in an exclusive interaction while referring to India’s attractiveness in realty sector from global investors’ perspective.
- Details
Indian real estate has attracted $2.2 billion institutional funding during the first half of 2019, down 31% from a year ago, showed an ANAROCK Property Consultants.
originally published by Kailash Babar | ET Bureau | July 31, 2019, 16:45 IST
MUMBAI: A majority government at the centre is gradually reviving private equity's confidence in Indian real estate - especially the commercial sector, the general elections during the said period has predictably cast a shadow on funding into Indian real estate.
Indian real estate has attracted $2.2 billion institutional funding during the first half of 2019, down 31% from a year ago, showed an ANAROCK Property Consultants. Interestingly, private equity firms players infused $580 million into Indian real estate in June, immediately after the new government took charge.
- Details
Originally Published by bbc.com
On Toronto's Eastern waterfront, a new digital city is being built by Sidewalk Labs - a firm owned by Google's parent Alphabet.
It hopes the project will become a model for 21st-Century urbanism.
But the deal has been controversial, representing one of biggest ever tie-ups between a city and a large corporation.
And that, coupled with the fact that the corporation in question is one of the largest tech firms in the world, is causing some unease.
Sidewalk Labs promises to transform the disused waterfront area into a bustling mini metropolis, one built "from the internet up", although there is no timetable for when the city will actually be built.
Dan Doctoroff, the company's head and former deputy mayor of New York, told the BBC the project was "about creating healthier, safer, more convenient and more fun lives".
"We want this to be a model for what urban life can be in the 21st Century," he said.
The area will have plenty of sensors collecting data - from traffic, noise and air quality - and monitoring the performance of the electric grid and waste collection.
- Details
By Sobia Khan, Economic Times Bureau
BENGALURU: The total demand for urban housing is estimated at 4.2 million units during the period 2016-2020 across the top eight cities, as per report released by Cushman & Wakefield and GRI mentioned.Correspondingly, the existing under-construction and planned supply of one million housing units by private developers is expected to be delivered across top eight cities during the said period. Delhi-NCR (NCT, Ghaziabad, Faridabad, Gurgaon and Noida) continues to garner the highest demand.
The urban housing demand is the highest in Delhi-NCR across all 3 segments amongst the top 8 cities, forming nearly 24-26% of the demand in each of the categories. New Delhi leads with demand of 1,000,000 units and Mumbai and Bangalore will follow Delhi-NCR and are expected to generate housing demand of about 711,000 and 686,000 units respectively over the next five years.
- Details
Originally Published by realty.economictimes.indiatimes.com
CPPIB will initially own 30% of the platform with an equity commitment of around Rs 724 crore. It plans to invest around Rs 1,600 crore through multiple tranches, to own up to a 49% stake in the platform.
MUMBAI: Canada Pension Plan Investment Board and mall developer The Phoenix Mills have entered into a pact to set up a strategic investment platform for retail real estate properties in India. This is CPPIB’s maiden retail real estate venture in India.
CPPIB will initially own 30% of the platform with an equity commitment of around Rs 724 crore. It plans to invest around Rs 1,600 crore through multiple tranches, to own up to a 49% stake in the platform.
- Details
Originally Published by Bloomberg Politics (www.bloomberg.com)
When he was little and his father was building his taxi business, Pradeep Yadav lived in a “chawl,” a rundown tenement in India’s financial capital, Mumbai. The apartment had one light, a fan and water for just two hours a day.
Now he stands at the vanguard of a potential housing boom that brokerage CLSA India Pvt. estimates could reach $1.3 trillion in the next seven years. With their three boys finished university, the family bought a flat in Palava City, a leafy township on the edge of the metropolis. Outside their balcony, tidy footpaths wind their way past manicured gardens and a swimming pool glints in the summer heat.
- Details
Originally Published by CNN Money (money.cnn.com)
The development, called NEOM, was announced at a conference on Tuesday by Saudi Crown Prince Mohammed bin Salman. It's the latest in a series of mega projects designed to reshape the kingdom's economy.
It is nothing if not ambitious.
"We try to work only with the dreamers," the young crown prince told investors gathered in Riyadh. "This place is not for conventional people or companies."