Big data will be the thread that binds together all the diverse elements deployed in a smart city. It would be inconceivable to have any kind of meaningful smart city application layer without leveraging on big data. The Internet of Things (IoT) layer of big data sensors will generate an avalanche of data.
Tag: infrastructure
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Sophisticated Software Solutions Do not Necessarily Reduce Cost
The role of big data during project implementation is different from that of project operations. The implementation phase typically consists of planning, design and construction.
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Smart Cities Will Emerge as Major Big Data Hubs
Most large-scale infrastructure projects today are increasingly going the public-private-partnership (PPP) way. Technology and governance are key enablers in shaping the way forward for PPPs, while data-driven outcomes are critical because these projects need to generate value-for-money, be innovative and attain operational efficiency in a defined time frame.
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Big Data Analytics Is a Multi-fold Opportunity
The first step in video analytics is to train artificial intelligence (AI). This requires AI to go through thousands of hours of video to 'learn' what different objects, such as people, cars, license plates and trucks are. Initially, a human must help the AI by tagging different objects, but very quickly the AI can self-learn and educate itself at a rate that is orders of magnitude faster than what people can do.
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Clean up your act
On July 1, 2017 a new tax regime, in the works since over 15 years, designed as 'One Nation, One Tax', went live! Its impact on infrastructure will resolve future litigation in this area and although will mean higher tax, will also allow input tax credit in many categories.
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Fast Forwarding the Lifeline
It is often pointed out that every rupee invested in ramping up railway infrastructure benefits the economy six times over. Therefore, after languishing for nearly 70 years, modernisation of the sector has been put on the fast track.
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30 more smart cities announced; takes the total to 90 so far
The government today announced another list of 30 cities for development as smart cities taking the total cities picked up so far to 90 under Smart City Mission launched on June 25, 2015.
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Don’t stymie equipment & technology
The recent inauguration of India's longest bridge above water, the 9.15 km Dhola-Sadiya bridge by PM Modi coincided with the completion of three years of his government in office.
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Indian cities have much to learn from Chinese cities
In an exclusive interaction, Zheng Bin, CEO, Industrial and Commercial Bank of China Ltd and Chairman, MCEA, says that India should not blindly follow the models adopted by other Smart Cities which have come up across the world, and instead rely on its own strategy.
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Timely Fixes
Historically, infrastructure projects in India have been funded on a mix of debt and equity. The current trends suggest so. Over the past 15 days, as many as three initial public offerings-IRB, HUDCO and PSP Projects - have hit Dalal Street, raising more than Rs 6,000 crore, a testimony to the fact that the bond market is gaining pace after the 2008 turmoil.