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Digital and Invisible Threads of Oil and Gas

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The digital transformation of the oil and gas sector is a tangible reality.  We talk and read about digital twins, autonomous robotic drilling, pipeline scheduling, leak detection, drones etc. and how these technologies have improved efficiency and productivity levels.  Today, oil and gas companies have greater agility to expand or change their business models and deploy innovative strategies to meet fluctuating market expectations.  All this is common and verifiable knowledge, and digitalization is just the tip of the iceberg. The Digital and Invisible Threads of Oil and Gas At ARC, we have written reams about the digital thread that connects manufacturing processes and systems – the framework which connects data flows and produces a holistic view of an asset’s data across its...

3D Scanning Enables Affordable Reality Capture

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Whether it is quality control in a manufacturing setting, driving a construction project to completion under budget and on time, or safely analyzing stockpile volume in a mining operation, accurate and timely measurement is key for many companies. Recently, 3D scanning technology has emerged as a compelling solution for a bevy of metrology applications, and has even enabled some new ones altogether. 3D Scanning Makes Inroads 3D scanning systems use laser or structured light technologies to generate a point cloud rendering of objects. Users across industries are finding 3D scanning solutions often have advantages over existing methods. In the manufacturing world, quality control experts have traditionally relied on coordinate measurement machine (CMM) touch probe devices. Though offering po...

Member News: AuthBridge acquires Bangalore-based Footprints Collateral Services

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  AuthBridge Research Services Pvt. Ltd. – a 13-year-old Indian firm announced the acquisition of – Footprints Collateral Services Pvt. Ltd. from Bangalore and with this has gone on to become the largest Indian Company offering Employee Background Screening Solutions.   This acquisition marks the biggest deal in an emerging and much-desired industry of Background Screening in India, which currently serves only 5-7% of the potential market, which is estimated to be over a billion dollars in market size.   Given the changing socio-economic dynamics in a country like India, the demand for Employee background Verification Services has witnessed a steady increase across industries and cities and is being demanded and asked for from lowest rung of the employee chain – at dri...

Member News – SPi Global acquires Scope e-Knowledge Center

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  SPi Global, the market leading content technology and content solutions enterprise that provides data services and subject matter expertise (SME) to multiple industries, today announced it has completed the transaction for the acquisition of Scope e-Knowledge Center, a leading provider of specialized knowledge services for publishers and information providers. Scope is one of the five businesses under the Quatrro group of companies’ umbrella, largely focused on services and fulfillment, leveraging platforms and technology in specified domains. “The acquisition of Scope is part of our strategic plan to expand and become the undisputed leader in content technology and knowledge services industries. It will reinforce our ongoing efforts to build a sophisticated suite of solutions for d...

Petya Ransomware Updates

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Another wave of ransomware attacks have resulted in outbreak globally, impacting organizations across sectors – Banking, Transport, Energy, Utilities etc. Organizatons in Ukraine and Russia seems most impacted, and hits have also been registered in Poland, UK, Italy, Denmark, Spain, US. A few incidents have also been reported in India. DSCI team has been constantly engaging with Security Leaders across organizations on this, coordinating information and resources as exchanged in global community. They have also put together an advisory for members which is attached for your reference. The link is constantly getting updated with more insights: https://www.dsci.in/taxonomypage/1479  Petya / Petrwrap / NotPetya / GoldenEye is a ransomware virus. Ransowmare is a type of malicious software desi...

UK – Conservative Manifesto: Implications for NASSCOM

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Theresa May has sent a clear signal that she does not intend to relax her tough line on immigration from when she was at the Home Office. The pledge to reduce migration to the tens of thousands stays.  Implications for NASSCOM May’s increase of the Immigration Skills Charge to £2000 per year is both regressive and damaging to NASSCOM member companies. Coupled with a reaffirmation of her commitment to reducing net migration to below 100,000. However, she has opened up a window of opportunity for NASSCOM and its members by acknowledging that the tech industry is a strategically important one for the UK economy. Immigration Double the Immigration Skills Charge to £2,000 per year per employee. Ensure that British businesses can recruit the brightest and the best from around the world. Reduce n...

Indian IT industry layoffs – Separating facts from hype

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It’s hard to ignore the headlines about IT industry layoffs. The layoffs are a real issue and we should be concerned about it, but we should also analyse data and trends to understand the issue better. To start with, let’s look at all the layoffs so far. But can we call these layoffs? There are no solid numbers on layoffs that have happened. It is all either speculation or secondary analysis that makes the scenario even more confusing.  Anyway, media reports are what most people go by. And, here is what was written in major media:    Cognizant announced voluntary separation programme for directors, associate VPs and senior VPs. 1000 executives may be affected.   Infosys will remove bottom 10% in job level 6 and above (group project managers, project managers, senior architects and higher l...

Should We Change the Current Financial Year?

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Change is the only constant, as the adage goes. Some changes are welcome, some not, but in all likelihood, there’s a high degree of inevitability including initial discomfort that comes in its wake. The Hon’ble Prime Minister has been a change agent for India, and ever since he wore the mantle three years ago, we have continued to witness policy changes with characteristic regularity. And now, his latest pitch on shifting to a Jan – Dec financial year, is increasingly gathering mind-share. Being rather vocal about it in a recent Niti Aayog meeting, he wanted this debate to be taken up in all earnestness and the changes implemented, once the feasibility angle and the impact on the economy are cleared. Agricultural income is a substantial part of our GDP and the suggested change could prove ...

Trump faces hassles in repealing Obamacare!

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From the moment President Donald Trump came to the forefront, his intentions on repealing the much talked-about Obamacare were clear. The bill on reforming the existing healthcare act had already witnessed two failed attempts in the past, and as per CNN’s whip count, there are now 21 House Republicans on the record, who could give a ‘NO’ vote. Before we go into what are the recent amendments being planned on the healthcare act, useful will be to have a quick look at what Obamacare is! What is Affordable Care Act, aka Obamacare? It is a set of health insurance and industry reforms passed by the Congress in 2010. The plain sight objective was to increase the number of people with health insurance coverage – with the larger objective of improving quality of care to reduce healthcare cos...