Robot Joins Dubai Police Force to Fight Real Life Crime

 

HIGHLIGHTS

  • Dubai police is not deploying robocops for patrolling the city
  • “These kind of robots can work 24/7. They won’t ask you for leave.”
  • Dubai Police wants robots to make up 25% of its patrolling force by 2030

A robotic policeman which can help identify wanted criminals and collect evidence has joined Dubai’s police force and will patrol busy areas in the city, as part of a government programme aimed at replacing some human crime-fighters with machines.

If the “Robocop” experiment is successful, Dubai Police says it wants the unarmed robots to make up 25 percent of its patrolling force by 2030.

Clad in the colours of the Dubai Police uniform, the life-size robot, which can shake hands and perform a military salute, is the lighter side of a government plan to use technology to improve services and security ahead of Dubai hosting Expo 2020.

“These kind of robots can work 24/7. They won’t ask you for leave, sick leave or maternity leave. It can work around the clock,” said Brigadier Khalid Nasser Al Razooqi, director general of the Smart Services Department at Dubai Police.Robot Joins Dubai Police Force to Fight Real Life Crime

The first automated policeman in the Middle East, the robot on wheels is equipped with cameras and facial recognition software.

It can compare faces with a police database and flag matches to headquarters. It can read vehicle licence plates and its video feed can help police watch for risks such as unattended bags in popular areas of Dubai, a financial and tourism hub.

Members of the public can also talk to the robot to report a crime or communicate with it using a touch screen computer embedded in its chest. Built by Barcelona-based PAL Robotics, and programmed by Dubai Police, the cost of the robot has not been disclosed.

Most people are not nervous about talking to a robot and some even seem to prefer it, Razooqi said.

“We now see the new generations who are using smart devices – they love to use these kind of tools. A lot of them have seen the Robocop movie and they said: you guys, you have done it.”

 

Akitio Node Cabinet review: Real, affordable graphics for your laptop

 

The Akitio Node external GPU cabinet is here to give your Thunderbolt 3-equipped laptop a big boost. This affordable unit—basically, a big steel box with a 400-watt PSU and a fan in front—lets you drop in most modern AMD or Nvidia graphics cards and then connect it to a laptop using PCIe over Thunderbolt 3/USB-C.

dsc04540

Gordon Mah Ung

The Akitio features one fan for the PSU, and one in front that offers plenty of airflow.

For the most part, when it works, it’s amazingly smooth. For example, we cracked open the Node, dropped in a Founders Edition GeForce GTX 1080 Ti card, then plugged it into a HP Spectre x360 13t. Once we had the latest drivers installed from Nvidia’s website, we were off and running. As these results from 3DMark FireStrike Ultra show, the tiny HP Ultrabook gives what-for to big, giant, fast gaming laptops.

spectre x360 egpu 1080 ti firestrike ultra overall

IDG

Yes, a sub-3lbs. laptop can hang with big fat gaming laptops–if you cheat like we did.

The score you see above, however, is the overall score for 3DMark FireStrike Ultra, which also counts CPU performance. The dual-core Kaby Lake chip in the tiny HP Spectre x360 13T isn’t going to compete with the quad-cores. In the 3DMark test that includes just the graphics performance, however, you’ll see a better spread from the GTX 1080 in the giant EON17-X laptop.

Yes, there’s a good chance the limited x4 PCIe Gen 3 could rob you of some performance over what you might get if the GPU were in a desktop. In fact, the same GPU will typically score in the 7,000 range when in a full x16 PCIe Gen 3 slot. But just remember: The alternative is being stuck with the integrated graphics in the laptop, unable to game at this higher level of performance.

spectre x360 egpu 1080 ti firestrike ultra graphics

 

MANAGEMENT4 tips for seeing real returns on mobile health investments

 

As more and more hospitals embark on mHealth initiatives, a new study shows that most mobile projects fall short and offers healthcare and other executives tips for making them work.

The IBM Institute’s research, in fact, found that 60 percent of organizations do not look for strategic alignment in prioritizing mobile initiatives. It also found that almost 40 percent of executives surveyed said they used an ad-hoc approach, with only “some” coordination between mobile projects and the organization’s business divisions. Nearly two-thirds of executives indicates they would spend at least $5 million on mobile initiatives over the next year. Mobile activity is expected to triple by 2018.

Here are four tips from IBM’s Institute for Business Value for achieving better returns on investments:

Prioritize strategically rather than only tactically:

Aligning mobile initiatives with organization-wide business goals results in better outcomes instead of emphasizing quick, inexpensive efforts with limited impact.

Secure C-suite support:

It’s not enough to listen to employees and departments when planning mobile initiatives. Employ longer-term strategic vision from the C-suite to guide mobile initiatives.

Manage the mobile portfolio actively:

Companies that take a strategic approach by building and scaling internal resources across their organizations are more likely to take advantage of the transformational aspects of mobile. Instead of limiting mobile projects to the IT team, mobile should be integrated throughout the entire organization and become embedded into the organization’s culture.

Balance off-the-shelf and customized approaches:

Recognizing when to invest in custom solutions and when to opt for existing mobile app technology solutions will help an organization operate strategically and focus on business transformation.

“Even the most successful mobile projects fall short of established business goals more than half the time,” Pete Teigen, IBM Institute for Business Value Mobile Leader, said in a statement.

Big Blue based its claims on surveys of more than 1,000 C-suite and mobile executives around the world. Sixty-two percent of executives surveyed said their most successful mobile projects pay for themselves in less than 12 months. By contrast, most mobile projects take two-to-three years to reap a return on investment.

 

 

Real estate boom likely with Smart city status

 

Realtors are of the opinion that Karimnagar will be the most happening place

The real estate business in Karimnagar town, which had grown by leaps and bounds over the years and retreated after splitting of the district into seven, and the impact of demonetisation, are likely to get a fresh boost with the Union government including Karimnagar in the Smart Cities Mission programme.

With the Union and State governments according priority for all-round development of the town and creation of additional infrastructure under the Smart City programme, the realtors feel that the scenario would definitely see a sea change in the coming months as Karimnagar would be the most happening place in the State.

Manair River Front

Already, the State government had announced development of Manair River Front (MRF) along the shores of Lower Manair Dam on the outskirts of Karimnagar town to promote tourism on the lines of Sabarmati river front in Gujarat at a cost of ₹506 crore. Besides, the State government had proposed first high-level cable-stayed bridge across the Manair as part of tourism promotion.

Now, with the inclusion of Karimnagar town in the Smart Cities Mission programme, the Union government would provide financial assistance to the tune of ₹1,000 crore for taking up various developmental programmes.

The existing roads would be widened and beautified and additional facilities would be provided – such as parks, cycle tracks, an amusement park and other facilities.

As Karimnagar is likely to grow on a par with Hyderabad with the Smart city programme, there is every possibility of real estate boom in the town, opined Mohan, a real estate builder. Since the last few years, there were no takers for flats in the apartments. Several newly-constructed apartments were lying unoccupied as there were no takers due to slump in the real estate sector, he said and added that the Smart City programme and creation of additional facilities for the people would give a fillip to the sector.

Welcoming the inclusion of Karimnagar in the Smart City mission programme, Jayananda constructions owner Anand Rao said that the decision would give a boost to the real estate sector.

 

Indiabulls Real Estate acquires 10% stake in subsidiary IIL for Rs358 crore

 

Mumbai-based Indiabulls Real Estate now owns 100% stake in its subsidiary Indiabulls Infraestate, which is building the project at Worli. Photo: Bloomberg

Mumbai: Realty firm Indiabulls Real Estate Ltd on Wednesday said that it has acquired the entire minority stake of 10.08% in Indiabulls Infraestate Ltd (IIL), a subsidiary of the company, from ILFS Fund entities for Rs358.4 crore.

ILFS Fund includes IIRF India Realty XXI Ltd, Little Fairy Ltd and Vistra ITCL (India) Ltd, Indiabulls’s minority investors.

“The aggregate cash consideration paid for the said acquisition is Rs358.44 crore, including interest of Rs94.85 crore against their aggregate total investment of Rs250 crore,” Indiabulls Real Estate said in a BSE filing.Mumbai-based Indiabulls Real Estate now owns 100% stake in its subsidiary Indiabulls Infraestate, which is building the project at Worli. Photo: Bloomberg

With this acquisition, IIL has become a wholly-owned subsidiary of the company. IIL is developing a premium integrated residential project named “Indiabulls Blu” at Worli in Mumbai comprising four residential towers and two office towers in a non-residential area, the company said.

Last week, Indiabulls Real Estate’s promoter group entity IBREL IBL Scheme Trust sold 3.3 crore shares of the company for about Rs662.83 crore through an open market transaction.

The company said the fund would be utilised for its business and general corporate purposes.

At the end of the last fiscal year, IBREL IBL Scheme Trust held 4.25 crore shares, representing 8.89% stake in Indiabulls Real Estate.

Shares of Indiabulls Estate were trading at Rs205 apiece, down by 0.61%, while the benchmark Sensex index was up 0.36% at 31,071 points from its previous close.

 

Real estate firm Saha Groupe raises Rs200 crore from Edelweiss unit

Saha Groupe, which has residental projects in Noida, Dehradun and Bareilly, raised around Rs110 crore from Kautilya Finance BV, an investment platform of Amsterdam-based Aevitas Property Partners, around mid-2016.Realty firm Saha Groupe has raised Rs200 crore through the sale of non-convertible debentures (NCD) to ECL Finance Ltd, the non-banking financial company (NBFC) of financial services firm Edelweiss Group.

The funds will be used by the Noida-based real estate developer to refinance an existing loan and towards land payments, two people familiar with the transaction said.

Saha Groupe, which has residental projects in Noida, Dehradun and Bareilly, raised around Rs110 crore from Kautilya Finance BV, an investment platform of Amsterdam-based Aevitas Property Partners, around mid-2016.

With this capital, Kautilya Finance will exit its investment in Saha Groupe’s projects. “We will use this debt to give an exit to Kautilya Finance and towards construction of three of our projects—two in Noida and one in Dehradun,” said Aniel Saha, chairman and managing director of Saha Groupe.

Shiv Wallia, managing director, Aevitas Property Partners, said he is overseas and didn’t comment.Saha Groupe, which has residental projects in Noida, Dehradun and Bareilly, raised around Rs110 crore from Kautilya Finance BV, an investment platform of Amsterdam-based Aevitas Property Partners, around mid-2016.

“We have extended a Rs200 crore facility through our NBFC. Part of the facility went towards refinancing the existing debt and some of it for construction and land dues. The funds were given across a portfolio of projects,” confirmed an Edelweiss spokesperson.

Though the National Capital Region, India’s largest property market, has been the worst hit in the four-year-old real estate slowdown, home sales in Noida and Greater Noida have marginally fared better than in places such as Gurugram.

A number of Noida-based developers in recent months have raised debt, though most of them have been for refinancing purposes or to complete construction.

This year, Piramal Finance Ltd, a unit of Piramal Enterprises Ltd, lent Rs325 crore to Noida-based realty firm Mahagun Group. It also lent Rs425 crore to Prateek Group.

Refinancing is the predominant reason why developers are borrowing today, and they are looking to raise debt to replace existing loans and reduce the cost of borrowing, in some cases, as project cash flows remain limited.

“Majority of the domestic investments in real estate today, both from NBFCs and private equity funds, are mainly refinancing transactions. In a debt-centric market, investors have given money in anticipation that sales will return. But balance sheets of developers are fairly stretched with sales not happening resulting in more debt to finance existing loans. Real estate firms are feeling the pressure of repayment obligations,” said Shashank Jain, partner, transaction services, PwC India.