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Three senior U.S. officials visited Asia in July in a well-choreographed diplomatic outreach strategy by the Biden administration. The U.S is willing to prioritise the Indo-Pacific and counter China. Asia cannot afford to be a reticent bystander.
Courtesy: QiO Technologies
UK-Pune based QiO Technologies is an industrial software analytics company that focuses on digital transformation. QiO differentiated itself by complying with and certifying its products with European GDPR standards, creating trust and a wider client-base. It offers a unique subscription plan based on investment returns, making it an attractive option for manufacturing MSMEs.
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Last week, Indian tech start-up Zomato's Initial Public Offering raised over a billion dollars. This is a welcome new trend in domestic financing for start-ups in India, with more gaining unicorn status in the past year. It is also indicates a sector independent of Chinese backing. In this podcast, Amit Bhandari, Fellow, Energy and Environment Studies Programme, discusses the positive outcome of Press Note. 3 on the sector.
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On 15 July, Gateway House co-hosted a webcast with Konrad-Adenauer-Stiftung (KAS) on 'Countering China’s Maritime Grey Zone Activities'. The panel discussed the potential strategies that smaller nations in the region can adopt to overcome the challenges of Chinese maritime grey zone activities, and the role of regional maritime powers in capability-building of maritime law enforcement agencies.
Courtesy: www.aithority.com
Altizon’s product uses machine data to help better business decision-making for its overseas manufacturing customer base. It particularly improves productivity, power and utilities consumption and predictive maintenance. Altizon is now in the prestigious Gartner Magic Quadrant, one of only 16 globally-recognised niche players for Industrial IoT platforms. It is getting attention from Indian SMEs.
Courtesy: BITS Pilani
In June 2019, BITS Pilani became the first academic institution, globally, to offer a Master’s programme in Digital Manufacturing. The programme, currently open only to working professionals, focuses on developing an expertise in the manufacturing of the future including Industrial IoT, additive manufacturing, big data analytics, industrial cybersecurity, and logistics and supply chain optimisation. The ongoing pandemic has exponentially increased digital adoption, increasing the demand for the study of digital manufacturing within corporate India.
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A ransomware attack recently targeted Kaseya, a software services company in the U.S., for $70 million, incapacitating hundreds of its clients globally. There is an increasing incidence of such attacks, with perpetrators targeting government agencies and high-tech companies, leading to considerable economic losses. How can governments mitigate these threats and attribute responsibility to those accountable?
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For years, Western countries have used sanctions as a means of economic warfare against their adversaries. Now, China and Russia are utilising the same tactic against the West. The United Nations Security Council is paralysed by differences between the five permanent members, leaving the tools of unilateral sanctions and counter-sanctions to proliferate at the cost of UN-approved multilateral sanctions.
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Gateway House and the Embassy of Italy in New Delhi co-hosted the India-Italy Round Table on Energy Transitions. Indian and Italian companies involved across in the energy ecosystem came together to discuss potential collaborations. India is energy dependent and Italy has an innovative energy industry. The two countries can partner on new technologies, trade, financing mechanisms and to update regulations for a new energy era.
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India’s oil consumption and imports are likely to resume their upward trajectory as the economy opens up, after a temporary drop due to the pandemic. To secure its energy needs, the country should shift course from investing in oil and gas assets of emerging economies to those of developed nations. The oil-rich Organisation for Economic Co-operation and Development (OECD) countries, such as Canada, Norway, and the U.S. can be given special consideration.