Hyderabad, Feb 5 (INN): To revolutionize services and systems in the new state using Big Data and predictive analytics, Dragonfly Data Factory founder and CEO Ram Pothula met Chief Minister N Chandrababu Naidu at Secretariat on Thursday and informed him that he was setting up a “data factory” in Visakhapatnam.
Pothula informed the Chief Minister that the factory would have two components. First model for AP government – This will take the vast quantities of static data present with government departments from birth records to land, agriculture land, output, etc. This will reduces fraud, automates manual processes, maximizes productivity of agency personnel, and drives smarter decisions by extracting actionable insights. For instance, If data on state’s population and education is available, the company can give estimates and predictions on the infrastructure needed in the state to upgrade educational institutions, structure curriculum that increases students’ knowledge and skill set to revamp the education system and build required infrastructure to support employment to these students, etc.
The second model will be to attract international clients.
Pothula informed the Chief Minister that the new unit would come up in an area of 600sq.ft in Visakhapatnam. This will be a software defined cloud-enabled data factory that will offer data mining, predictive analytics and insights generate using sensors and smart gadgets.
The Chief Minister asked Pothula and his team to prepare a report on the best practices in the world in the field of predictive analytics and carry out the gap analysis to understand where Andhra Pradesh stands in knowledge segment. Stating that he aims to make the state a “knowledge hub,” the Chief Minister said that the Dragonfly team could also identify a consortium of companies and universities which can assist the company in data science and customer insights and work in tandem with the state government.
“I want to have entire government data on cloud,” he said, suggesting Dragonfly to attract players who will be interested to set up their data warehouses in Visakhapatnam.
The Chief Minister explained to Pothula that Visakhapatnam is going to be AP’s IT hub and “will be transformed from a place with Internet of Things to Internet of Everything.”
He also asked Pothula to identify data mining, data science, analytics courses in coordination with universities like Stanford, MIT and others to incorporate them into curriculum in AP’s universities. This, the Chief Minister, said will build a huge talent pool of data technicians, data engineers and data scientists. Stating that he will extend full cooperation, the Chief Minister said that he is keen on using Dragonfly’s services in energy saving through their sensor-based technologies.
Dragonfly Data Factory is also developing an operating system customizing it to industry, giving the clients complete freedom to combine their choice of tools in order to mine, manage and monetize data. (INN)
Nepal offers sops to Telangana investors
Hyderabad, Feb 5 (INN): The Nepal Government has offered several incentives to the entrepreneurs of Telangana who invests in Nepal.
Addressing a press conference here, Charge d Affaires of Embassy of Nepal Krishna Prasad Dhakal said that all investments in Nepal were safe and would provide good returns. He said that the Nepal has a stable government and all investments done in Export Processing Zone and Special Econcomic Zone were tax free from taxes. He said Nepal has the world’s second largest power plant of 83,000 MW.
Dhakal said that the investors would explore investment opportunities in services, infrastructure, health, education and other sectors. He said almost 90 per cent people of Nepal are associated with agriculture, which constitutes about 35% of country’s GDP. He said an agreement has already been signed for Delhi-Khatmandu Bus Service and efforts were also on to sign Sister City Agreement between Hyderabad and Khatmandu.
Nepal’s Minister for Economy Dhndi Raj Pokharel and FICCI official and Bhagyanagar India Ltd Managing Director Devendra Surana were also present. (INN)
KCR releases Press Club Hyderabad Diary
Hyderabad, Feb 5 (INN): Telangana Chief Minister K Chandrasekhar Rao released Press Club, Hyderabad Diary 2015 at his camp office at Begumpet here on Thursday.
On the occasion, the Press Club delegation has invited the Chief Minister to take part in the Golden Jubilee Celebrations due this year. Briefing about the event, the Committee apprised the Chief Minister of the activities of the Club, which is next only the Delhi Press Club, and said that national level leaders and veteran journalists will be attending the Golden Jubilee celebrations. The Chief Minister has assured the Club Committee at he would attend the event.
Press Club President R Ravikanth Reddy, Secretary B Rajmouli Chary, Treasurer PV Srinivsa Rao, Vice President Vanaja, Executive Committee Members Duggu Raghu, Kambalapalli Krishna, Maram Srinivas and Gayatri were among those who were present at the Diary release function.