Albert Yang Lyngdoh

                    " Global Competitive  survivor"                                The future feels more threatening and ominous than ever. The sense of doom and gloom is deepening, not least in the West. The daily news headlines do not help. We are told that tensions between the US and North Korea, Iran, Russia or China could flare up into a global conflagration.We are informed that the rise of AI will eliminate most jobs and potentially humans. We are witnessing how social media is dividing societies and undermining liberal democracy. And we are reminded almost hourly about how climate change is  leading to mass extinction. Any one of these issues is enough to make us throw in the towel in despair. That would be precisely the wrong thing to do. While these and other threats are real and daunting, none of them are abs...

           What does the Fourth Industrial Revolution mean for migration? T he Fourth Industrial Revolution is unfolding at a time when human mobility is increasing and, in many instances, becoming more precarious. Last year, the world saw 250 million international migrants, only 21 million of whom qualified as refugees under the UN Refugee Convention. Within countries, the rate of internal migration from rural areas to cities has also been increasing, with urbanization estimates reaching 66% by 2050 Indeed, there are 270 millions internal migrants in China alone. Considering existing migration trends, the impact of more extreme weather on economies and livelihoods, and countries’ constraints in dealing with migration effectively, we simply cannot afford to overlook the potential of Fourth Industrial Revolution technologies in supporting safe, orderly and regular migration. The Fourth Industrial Revolution (4IR) r...

Economic competitiveness :       matters but not as an end in it - it matters because nations that are more competitive are more productive, and are therefore more able to provide for the social needs of their people. The world has changed dramatically over the last decade, and measuring the factors that determine competitiveness continues to be a highly complex process. That’s why in order to calculate the  World Economic Forum’s Global Competitiveness Index  we use hundreds of different measures and consider many factors. It’s certainly true that the Fourth Industrial Revolution – new, rapidly changing technologies in many different fields – has changed the way we need to measure some aspects of competitiveness, particularly in relation to innovation and ideas. We need to stress, for example, the value of ideas and collaboration within companies; the values of open-mindedness, of connectivity, and the value of an entrepreneurial spirit. Once we have...

M2M(Machine To Machine)Harnessing the Power of Connected World. The business world is currently moving into an era of ubiquitous connectivity, which is transforming the operating styles and communication channels of an enterprise. Machine to machine (M2M) communications a solution that allows automated communication between connected devices over a wireless network, has aided enterprises in their progress to ascertain constant connectivity and real time monitoring of assets at a relatively lower cost. Compared to other wireless solutions, M2M provides a seamless mode of monitoring enterprise’s  resources, be it either people or machines, to provide real time information on critical business workflow and thereby increasing the efficiency manifold through constant data analytics. With this increasing need for connectivity, M2M solutions are being favored by several industry sectors such as healthcare, retail, utilities, banking, insurance, manufacturing, and automotive. The ret...

Digitizing our Economy with Smart Cities            Back in the mid-twentieth century there was much talk of traffic jams and urban congestion being eliminated in the future. While the same was planned through infrastructure development, large-scale increased in urban population coupled with limited resources resulted in further aggravation of issues however, technology advancement and adoption is now changing the very nature cities and the advent of the smart city concept. With Big Data, Internet of Things, Machine to Machine and Mobility coming together, cities are evolving from mere population centers to model of social and economic development centers. In India, the government’s focus on building 100 smart cities in the country has created a lot of buzz on the subject. It is a welcome move for countries and states to think in this direction and will ensure better citizen services in the digital economy which is all set to unfold. A city can ...