AIMIT holds national conference on data science and business analytics

May 10, 2012

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Mangalore, May 10: The national level conference on Data Science and Business Analytics was held at AIMIT campus of St Aloysius College on Wednesday.

Denzil Lobo S.J., Director, AIMIT in his inaugural speech spoke about the processing power of our brain and said, “the most sophisticated computers even today cannot compare with the working of brain of an ant in its ability to process and store voluminous amount of data”.

He spoke of future development in computing paradigms and the day would come when our computers will try to mimic the functioning of a human brain and will be self-learning machines. He also stressed on the need of change in learning paradigm and said that students must be encouraged to THINK rather than memorise.

Prof. Santosh Rebello, Dean of the I.T. section, AIMIT, in his introductory remarks and welcome speech spoke about management of “big” data. He said that unstructured data has revolutionized the world and said that if we have to progress, we need to accept and adapt the changes that are taking place. Medha Kudari proposed the vote of thanks.


Sessions

The first session of the day started with the keynote address delivered by Mr. Shekhar, Dept. of M.C.A., Mangalore University. It was on “Machine learning for Vision Applications”. He started his talk by stating that learning is good only when it is efficient; and that whenever changes are made to the system, it should be adaptable and efficient. He illustrated the importance of training and clustering in Machine learning, gave a brief idea of computer vision and started examples with applications. It was concluded that extreme dependence on the machines to reduce the functional capabilities of the person. Finally, Prof. Santosh Rebello mentioned a few insights on Digital space and how to create value out of it.

During the second session papers by the participants were presented. The first paper, titled “Business Intelligence – Achieving success through Data Quality” was presented by Ms. Anusha G. Sabhahit followed by the next paper “Industry Application of Data Mining” by Mr. D M Arvind Mallik. Ms. Kavitha presented the paper “Enhanced Adaptive Item Sequencing using Biserial Correlation and Bayesian Classification” and the paper on “Evolution of statistical software design: Futuristic Agenda” by Ms. Sumitha P V, Mr. Ashok D'souza and Mr. Madhukar S M was presented.

A paper on “Time series data mining algorithm” by Yachana was presented by Ankitha Nayak and Neetha Kripalani Bangera and the paper on “Introduction to Nano-sensors for detecting diabetics and its importance”by Shobha K Bawiskar, Savitha A Lothe, Aqueel Ahmed and Ramesh Manza was presented by Ashwin Kumar and Manish Bharadwaj.

The afternoon session started at 2pm. The keynote address was delivered by Mrs. Rohini Rao, Dept. of M.C.A., Manipal Institute of Technology based on “The role of Domain Ontology in Semantic Data Integration”. She elaborated the definition of Ontology – branch of Metaphysics. She explained about Domain Ontology and how it can be possible to create our own Ontology. She further illustrated on the use of Domain Ontology in data integration with a set of examples.

A paper on “Optimizing Artificial Neural Networks for protein secondary structure prediction” was presented by Mr. Lanwin Lobo. Next, a paper on “A practical approach for implementing Business Intelligence in terms of DSS and KM in socio-economic reality of organization” by Mr. Suman A Lasrado, Mr. Arun D'silva and Mr. Roshan Suvaris was presented which was followed by a tea break for 15 minutes.

A paper on “Incorporating Divide and Conquer approach for clustering large data set with prior K-means algorithm” by Umadevi C and Sowmyapriya G V was presented by Mithun Kumar Shetty and Sujoy K R and the paper on “Analysis on cloud capabilities and adoption using maturity model” by Thanuja G V was presented by Deeksha J Shetty and Devendra Kumar.

The conference came to an end with the valedictory function where the certificates of participation were distributed to the participants.

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News Network
February 28,2020

The Karnataka BJP, which faced action on Twitter earlier this month over incendiary tweets, this time has passed the blame of Sangh Parivar sponsored Delhi violence to the victims.

In an insensitive tweet on Friday, it dubbed the protests against the notorious Citizenship Amendment Act (CAA) as "fake" and added that the violence that followed was "the most well-planned assault on the Idea of India," in an apparent attempt to portray the victims as villains.

The handle, notorious for tweets targeting Muslims, blamed the clashes that erupted in Delhi between people demonstrating for and against the CAA on "so called 'Peacefuls'" - a known right-wing slur for Muslims.

Many people on social media called out the tweet for misleading people and covering up the role of Delhi BJP leader Kapil Mishra's provocative speech for triggering the violence or the failure of the Delhi Police, which reports to the former BJP chief and Union Home Minister Amit Shah, in controlling the riots.

Earlier this month, the Karnataka BJP had tweeted a video of Muslim women standing in queue to vote in the Delhi elections, showing their voter ID cards, with the snarky caption: "Keep the documents safe, you will need to show them again during NPR (National Population Register) exercise."

Soon after, the party unit's Twitter handle was blocked by the social media platform for 24 hours after many accused it of encouraging Islamophobia.

NPR has been widely criticised by opposition parties as a precursor to the government's planned NRC or National Register of Citizens which intends to make Indians prove their citizenship with documents that many poor or illiterate do not possess.

Many fear that combined with the already imposed CAA - which promises citizenship to only non-Muslim refugees from Pakistan, Afghanistan and Bangladesh - the NRC can be used to make millions of Muslims stateless.

The government has denied the allegation and said the CAA only intends to help those who have faced religious persecution. In recent weeks, it has gone back on its rhetoric on the NRC which was announced by Amit Shah in parliament as "it will certainly happen".

The CAA, which was cleared by parliament in December, has triggered deadly protests in the country which left at least 25 dead till Sunday. Since then, at least 42 more people have been killed as large-scale violence erupted in northeast Delhi and hundreds of homes and shops have been burned to the ground.

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News Network
July 22,2020

Bengaluru, July 22: Complete lockdown on Sundays and daily night curfew would continue across Karnataka to contain the coronavirus spread, a top officia.

"Though lockdown will be lifted from 5 am on Wednesday across the state, night curfew will continue daily from 9 pm to 5 am to restrict movement of people and vehicles. Total lockdown on Sundays will also continue on July 26 and August 2," said state Chief Secretary T.M. Vijaya Bhaskar in an order here.

The order to unlock Bengaluru and four other districts - Dakshina Kannada, Dharwad, Kalaburagi and Kodagu, which have been under 7-9 day lockdown since March 14 night came after Chief Minister B.S. Yediyurappa declared that lockdowns would not be re-imposed across the state hereafter.

Besides restrictions in containment areas to control the virus spread, the order banned reopening of gyms and prevented use of benches in parks by walkers or joggers.

"All vegetable and fruit markets in cities and towns across the state will be shifted to the suburbs or outskirts to decongest them and prevent crowding," said the order in Kannada.

Wearing mask, sanitising hands and maintaining social distancing will be strictly enforced and violators will be fined.

Suburban train and metro services will continue to remain shut till further orders.

Select long-distance express trains will continue to operate as per the standard operating procedure given by the Union Ministry of Home Affairs on May 30.

"State-run and private buses in cities and on intra-state and inter-state routes will operate with limited number of passengers to ensure physical distancing. All buses will be sanitized and fumigated after every trip," said the order.

Schools, colleges, cinema theatres, multiplexes will remain shut to prevent crowding and violation of social distancing.

Ban on religious functions and mass gatherings will also continue.

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Agencies
February 6,2020

Even more than three years after demonetisation and all-out efforts to make most transactions through electronic, cash is still king, as it thrives in a digital India, said fintech start-up Paytm founder Vijay Sekhar Sharma.

"While cashless economy is not possible in India, less cash economy will be in the future. Less cash is the only solution, not the elimination of cash," Sharma told IANS in an interview after unveiling an all-in-one payment gateway on Tuesday.

Asserting that it would take 5-10 years for India to make the transition to digital payments from the traditional mode of cash, Sharma, 41, said the e-payment industry benefitted more from the November 8, 2016 note ban and withdrawal of old Rs 1,000 and Rs 500 denominations.

"I think it (demonetisation) helped the industry despite lack of specific help. But the world has changed since then. It is about the scale of distribution of merchants that is what is propelling digital payments," said Sharma.

Most of the cash not only came back into circulation, but also remains as the mode of payment for the majority due to its convenience for the people used to such transactions.

Expounding Paytm's zero service charge, Sharma said the strategy is sustainable as it leads to acquiring more customers and merchants, enabling newer business opportunities.

Paytm also does not levy a service charge to small merchants for its payments services, unlike organised players like Uber.

"Though there is a monetisation model, the merchants who are small shopkeepers, become our financial services customers as they open a bank account, which is profitable."

Paytm secured a Payments Bank license from the Reserve Bank of India to offer a savings bank account, Rupay debit card and money transfer services.

"We are banking on payment services acquiring customers and merchants who avail banking, lending, insurance, wealth and software services like billing software and business ledger software services eventually," Sharma noted.

The mobile first bank services include zero balance and zero digital transaction charge accounts.

"Basically, payments, cloud, commerce and financial services are a cohort we follow. So, payments is our customer as well as merchant acquisition. If it breaks even, we are happy because other line items make more money, he affirmed.

Noting that in a market like India, one cannot price services at a premium unlike in a developed country like the US, the billionaire businessman said a consumer in a developing country would not be able to afford such a hefty charge.

Forbes ranked Sharma as India's youngest billionaire in 2017, with a net worth of $2.1 billion.

While several countries operate on the model of higher service charges, Sharma said newer business models have to be discovered in India, as customer lifecycle value is accounted for more stages than in other nations.

Asked about an upscale retailer like Zara not giving a wallet payment option during its recent end of season sale in Bengaluru, Sharma said Paytm was addressing such hiccups with its all-in-one payment solutions.

"It's an opportunity, because if the retailer has our all-in-one point of sale machine, where in they enter the amount, it shows both the Quick Response code (QR) and card payment options," he observed.

Sharma compared older swiping payment machine to feature phones and modern ones to feature-rich smartphones.

"If you notice, they look like feature phones and the modern day card machine is more a smartphone like. You can add the smatphone components, which can add the features," reiterated Sharma.

Though Paytm's all-in-one QR point of sale machine integrates the billing system, its chief executive said it was not ideal to have an independent QR feature.

Paytm has 16 million strong merchant user base, which Sharma aims to raise to 26 million base in the next one year.

Sharma has launched in this tech city an all-in-one payment gateway and Paytm Business Payments solution, which enable digital payments through multiple methods for small and medium enterprises (SMEs) and an Android point of sale machine.

With the new gateway solution, collecting digital payments through multiple methods can be achieved seamlessly while Paytm Business Payments solution enables automated vendor payments, including employee salaries and customer refunds among others.

The One97 Communications-owned Paytm aims to help SMEs streamline and digitise their business activities using its new solutions, which enhance the overall efficiency of both accepting and making payments.

Paytm has a data bank of over 200 million saved cards and bank accounts, a feature which enables partner apps to shorten transaction times and propel faster conversions while using the all-in-one payment gateway.

Complementing the two solutions, Sharma also launched an all-in-one Android point of sale machine, which can accept payments through all forms such as cards, wallets, UPI apps and even cash.

The device has a QR code that supports all contact and contactless payments, coming with integrated billing software customized solutions for different sectors such as catering, ticketing, parking and others.

The handheld Android device is equipped with an in-built printer, scanner and can also generate bills.

Valued at $16 billion, Paytm is not alone in the fiercely competitive Indian fintech space where a dozen players like PhonePe, MobiKwik, Kotak 811 and deep pocketed international giants Google Pay and Amazon Pay are in the fray.

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