MAHAVIR SWAMI Trek Tech · more than 23 institutions at Surat (Gujrat) & Delhi-NCR. The institute...

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Trek Tech | 2018 Edition EMAIL: [email protected] ADDRESS:Jagdishpur, Sonipat, Haryana, 131001 EDITOR IN-CHIEF DR. BARJESH KOCHAR EDITOR MS. POONAM JAKHAR MAHAVIR SWAMI INSTITUTE OF TECHNOLOGY

Transcript of MAHAVIR SWAMI Trek Tech · more than 23 institutions at Surat (Gujrat) & Delhi-NCR. The institute...

Page 1: MAHAVIR SWAMI Trek Tech · more than 23 institutions at Surat (Gujrat) & Delhi-NCR. The institute is approved by AICTE, New Delhi & Affiliated to GGSIPU, New Delhi. The campus is

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Trek Tech

| 2018 Edition

EMAIL: [email protected]

ADDRESS:Jagdishpur, Sonipat, Haryana, 131001

EDITOR IN-CHIEF

DR. BARJESH KOCHAR

EDITOR

MS. POONAM JAKHAR

MAHAVIR SWAMI INSTITUTE OF TECHNOLOGY

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ABOUT MVSIT

ahavir Swami Institute of

Technology, established

in 2009 run by Bhagwan Mahavir

Education Foundation (BMEF)

promoted by highly well known

educationist & scientist Dr. Sanjay Jain

(Chairman). BMEF has established

more than 23 institutions at Surat

(Gujrat) & Delhi-NCR. The institute is

approved by AICTE, New Delhi &

Affiliated to GGSIPU, New Delhi. The

campus is spread in 22 acre of green

scenario land at Jagdishpur, Sonepat in

NCR.

The campus is just 10km away from

Delhi border. The campus has been

beautifully landscaped with extensive

greenery and plantation free from noise

and pollution having an atmosphere

congenial to higher learning. The

campus is 10 kms away from Singhu

border and 6kms from Rajeev Gandhi

educational city, and well connected by

public and private transport.

M

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ABOUT TREK TECH

The main purpose of MVSIT

College Magazine ‘MVSIT-Trek Tech’

is to inform, engage, inspire and

entertain a diverse readership --

including alumni, faculty, staff,

students and parents associated to

MVSIT family -- by presenting an

intimate, timely and honest portrait of

the College -- its people, its programs,

its history, its challenges, its resources

and its mission. In the originality of its

conception, in the excellence of its

writing and visual presentation and in

its commitment to accuracy, healthy

discourse and editorial balance, the

magazine endeavors to reflect the

values and the quality of the institution

itself.

MVSIT-Trek Tech with its

unique creative license will certainly

attain a blazing success in grabbing

esteemed readership. The first issue is

brimmed with various value-added

articles followed by photo gallery of a

number of proud moments and laurels

of MVSIT who enlightened the name of

the institute by grabbing university

rank in their odd semester exams held

in December-2017. By maintaining the

respect and interest of its readers, the

magazine aspires ultimately to inform

their opinion of the College and to

strengthen their commitment to its

welfare. suggestions and comments.

Ision

Our vision is to provide education that

transforms ideas into action,

opportunities into global advantage, and

capabilities into successful carrier and

dreams into realities and to achieve

progress with merit and ethics. Also to

develop MVSIT, as an institute of

academic and technological excellence.

ission

To develop high quality of technical

and managerial skills, innovative

research capabilities and exemplary

professional conduct for the progress of

mankind,adapting themselves to

changing technological environment

with the highest ethical values as the

inner strength and to instill high pattern

of disciplineand sincerity.

V

M

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CHAIRMAN’S MESSAGE

The stringent standards followed by our college since commencement have guided us

and helped us offer our students a contemporary, relevant and self-motivated

curriculum. We base our success on the fact that we have a robust reputation and our

students are placed in some of the best names in the global marketplace. The values

and environment we provide for our students are sustainable and see them successfully

through their formative years.

The investment we put in to our students today will help them achieve greater heights

and create the unimaginable. With immense pride and great pleasure, I welcome you

to the first issue of our e-magazine ‘MVSIT Trek Tech’ MVSIT magazine of

knowledge and understanding’ and sincerely hope that our website and e-magazine will

raise your interest and encourage you to take a step towards making one more positive

difference in your life.

Thank you and stay blessed.

Prof. Dr.Sanjay Jain

Chairman

Mahavir Swami Institute of Technology

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DIRECTOR’S MESSAGE

It gives me immense pleasure to release ‘MVSIT- Trek Tech’ MVSIT magazine

of Knowledge and understanding’ annual magazine of Mahavir Swami Institute of

Technology, Sonipat. There has been a continuous increase in the number of

activities of the students and the institute over the years. The faculty and students

of the institute are continuously involved in various cultural and technical

activities at state and national level congratulate the management, faculty, staff

and students for publishing ‘MVSIT- Trek Tech’.

This is only a small step towards a long journey. This issue will inspire all

of us for a new beginning enlightened with hope, confidence and faith in each other

on the road ahead. My good wishes to all and I hope that this issue of ‘MVSIT -

Trek Tech’ will be meaningful, enjoyable and memorable in fulfilling its

objectives. I am sure that untiring efforts put in by my colleagues, staff and

students will continue in future also.

Best wishes

Prof. Dr.BarjeshKochar

Director-Principal

Mahavir Swami Institute of Technology

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EDITOR’S MESSAGE

A thought that has been enduring in mind when it becomes real; is truly an interesting

and exciting experience. This magazine “Trek Tech” was one such cherished work

that had its roots in the persuasion. It would be a snapshot of the various activities and

advancements for all associated with MVSIT. Proper communication plays a vital role

in institution’s development. Trek Tech will serve to reinforce and allow increased

awareness, improved interaction and integration among all of us. Usually we fail to

appreciate the good deeds of many people and activities that happen around us as we

are engaged in irrelevant talks and assumptions. It could all change if we just pause to

think of what is our contribution to the society from which we have been gifted with

this blessed life. The progress of the society mainly depends on many people who are

working behind the scenes, overtime round the clock planning things to the smallest.

Trek Tech will be a medium to provide proper acknowledgement and respect all of

these efforts and its results.

This maiden issue of Trek Tech should inspire all of us for a new beginning enlighten

with hope, confidence and faith in each other in the road ahead......

Happy Reading!

Ms. Poonam Jakhar

Editor

Mahavir Swami Institute of Technology

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EDITORIAL TEAM

DR. BARJESH KOCHAR

Editor-In Chief

Director

Mahavir Swami Institute of Technology

MS. POONAM JAKHAR

Editor

Assistant Professor, Chemistry

Mahavir Swami Institute of Technology

MS. TANISHA MADAN Member

Assistant Professor, C.S.E. Mahavir Swami Institute of Technology

MS. RUCHIKA Member

Assistant Professor, E.C.E. Mahavir Swami Institute of Technology

MR. INDERPREET SINGH

Member

Mahavir Swami Institute of Technology

MR. MOHAN TIWARI Member HOD Civil

Mahavir Swami Institute of Technology

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TECHNICAL

SECTION

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Bitcoin, Blockchain and the Internet of Money

The future of finance could be dominated by blockchain technologies. A

traceable global currency complete with an efficient infrastructure will not only result

in massive cost reduction for all market participants, it will change global banking.

Bitcoin will do for payments what email did for communication.

A blockchain is a digitized, decentralized, public ledger of all cryptocurrency

transactions. Constantly growing as ‘completed’ blocks (the most recent transactions)

are recorded and added to it in chronological order, it allows market participants to

keep track of digital currency transactions without central recordkeeping. Each node

(a computer connected to the network) gets a copy of the blockchain, which is

downloaded automatically.

Originally developed as the accounting method for the virtual currency Bitcoin,

blockchains – which use what's known as distributed ledger technology (DLT) – are

appearing in a variety of commercial applications today. Currently, the technology is

primarily used to verify transactions, within digital currencies though it is possible to

digitize, code and insert practically any document into the blockchain. Doing so creat es

an indelible record that cannot be changed; furthermore, the record’s authenticity can

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be verified by the entire community using the blockchain instead of a single centralized

authority.

What is changing? • Blockchain will be adopted by central banks and cryptographically secured

currencies will become widely used.

• Nasdaq will launch blockchain-enabled digital ledger technology that will be

used to expand and enhance the equity management capabilities offered by its Nasdaq

Private Market platform.

• The settlement of currency, equity and fixed income trades almost

instantaneously through permissioned distributed ledgers creates a significant

opportunity for banks to drive efficiency and potentially create new asset classes.

Control

• New technologies such as blockchain have the potential to reduce cyber risks

by offering identity authentication through a visible ledger.

• There is no reason why requirements for numbering, maintaining and indexing

records and communicating information provided in records could not be met through

an electronic ledger system.

• Car rental agencies could use smart contracts that automatically allow rentals

when payment's received and insurance information is confirmed through a blockchain

record.

• A refrigerator equipped with sensors and connected to the Internet could use

blockchain to manage automated interactions with the external world-anything from

ordering and paying for food to arranging for its own software upgrades and tracking

its warranty.

• Small businesses could use blockchain to create trusted trading platforms among

themselves.

• Blockchain could potentially help bring robustness and transparency to the post -

trade environment.

• New technologies such as blockchain have the potential to reduce cyber risks

by offering identity authentication through a visible ledger.

• A bank could pay the supplier instantly over the Internet.

• Blockchain technology will alter timing on risk.

Crime

• A new blockchain startup has claimed its software could help track down

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criminals faster and cheaper than ever.

• Connecticut are warning parents that a new Darknet cryptocurrency called

Bitcoin could be to blame for helping underage drinkers to get buzzed.

Implications

Banks.

• Blockchain will be adopted by central banks and cryptographically secured

currencies will become widely used.

• Blockchain could replace central banks.

• Real risks remain for banks that choose to get involved with cryptocurrency

firms.

• Blockchain technology could reduce the UBS's infrastructure costs in cross-

border payments, securities trading and regulatory compliance by as much as $20

billion a year by 2022.

• The number of applications within and outside the banks could be reduced as

the Blockchain transaction contains all relevant information for the successful transfer

of assets and/or related contracts.

• Deutsche bank's economist sees blockchain as a threat because of the lack of

the IT infrastructure to support the technology involved.

• Ethereum is much more general purpose than bitcoin and could be useful for

banks.

• The future of finance in many nations could be dominated by Bitcoin and

cryptocurrencies.

A private blockchain run by banks could end up as just "another cartel" and function

as poorly as the payments consortium.

• Banks could become the "custodians of cryptographic keys".

• The blockchain could save lenders up to $20 billion annually in settlement.

• Blockchain technology could be used to bypass today's centralised financial

infrastructure entirely.

Industries

• Time and education will need to play a role as other industries are just realizing

one of the core innovations of the blockchain is its ability to reduce or eliminate trusted

counterparties in the transaction process.

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• Blockchain has the potential to create new industry opportunities and disrupt

existing technologies and processes.

• Blockchain technology will make the world even smaller as it increases the

speed and efficiency of transactional activity.

Governments

• The future of finance in many nations could be dominated by Bitcoin and

cryptocurrencies.

• Blockchain technology could be used to distribute social welfare in developing

nations.

• Elections are currently an expensive and arduous. Thanks to blockchain tech

they will soon be instantaneous.

Investing in Blockchains

Investors interested in getting on the blockchain technology bandwagon will find it is

now easier than ever to do so. In 2015, the venture capital concern Digital Currency

Group launched, intending to build what it refers to as "the largest early-stage

investment portfolio in the digital currency and blockchain ecosystem." Additionally,

according to a report published by the American Software-as-a-Service (SaaS)

company NASDAQ Private Market, the amount of venture capital being funneled into

cryptocurrency-using firms was anticipated to exceed $1 billion. Companies have even

become so interested in the technology that many have begun to play around with the

idea of creating their own private blockchains.

Nevertheless, blockchain startups are not without challenges. Among the most

significant is the fact that most consumers simply do not understand the extremely

complicated concept of blockchain technology. In order to overcome this challenge,

companies will need to find ways to precisely explain what they do in easily

understandable language – and how they intend to deal with issues like secure online

transactions and consumer privacy.

Blockchains and Bitcoin

The blockchain is perhaps the main technological innovation of Bitcoin. Bitcoin isn’t

regulated by a central authority. Instead, its users dictate and validate transactions

when one person pays another for goods or services, eliminating the need for a third

party to process or store payments. The completed transaction is publicly recorded into

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blocks and eventually into the blockchain, where it’s verified and relayed by other

Bitcoin users. On average, a new block is appended to the blockchain every 10 minutes,

through mining.

Based on the Bitcoin protocol, the blockchain database is shared by all nodes

participating in a system. Upon joining the network, each connected computer receives

a copy of the blockchain, which has records, and stands as proof of, every transaction

ever executed. It can thus provide insight about facts like how much value belonged a

particular address at any point in the past. Blockchain.info provides access to the entire

Bitcoin blockchain.

What makes it different from normal currencies?

Bitcoin can be used to buy things electronically. In that sense, it’s like conventional

dollars, euros, or yen, which are also traded digitally.

However, bitcoin’s most important characteristic, and the thing that makes it different

to conventional money, is that it is decentralized. No single institution controls the

bitcoin network. This puts some people at ease, because it means that a large bank can’t

control their money.

Prof. (Dr.) Barjesh Kochar

Director- Principal

Mahavir Swami Institute of Technology

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TECHNOLOGY AND DEVELOPMENT

Technology refers to the use of

tools, machines, materials, techniques

and sources of power to make work

easier and more productive. While

science is concerned with

understanding how and why things

happen, technology deals with making

things happen. Development is closely

related with technology. The stage of

development the human being has

arrived could have been possible

without the advancement in technology.

The radical change and advancement in

the economy, as we observe today, is

the result of the modern technology.

Technology has brought about

efficiency and quality in the

manufacturing sector.

Technological advancement has

reduced the risk involved in

manufacturing enterprises. There has

been tremendous improvement in the

field of health the world over not only

the average age of people has increased

but the mortality rate has also declined

considerably. This could be possible

only because of technological

advancement in health sector. There is

perhaps no field of human life which

has not been affected by technology.

Agriculture, industry, profession,

health, education, art, political

processes, recreation, religious

activities and daily life activities all are

under the influence of technology. With

the increased understanding of science

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and basic principles, there was

increased development. Basic electrical

machines were developed. This made

things even easier and there was

increase in development. Machines like

motors and electrical generators made it

easier to manufacture goods in large

quantities. The cost of production was

reduced and it was easy to maintain

consistent quality production of goods.

There was also the development of

alternative sources of energy. There

was continued research that leads to a

revolution in the manufacturing

industry. It’s agreeable that,

Technological progress has merely

provided us with more efficient means

for going whether forwards or

backwards as well. Technology has

enable u to increase our comfort and to

achieve efficiency in all sectors of life

.Without technology, we can’t achieve

any progress or development, we can

now modernize our industry so life

becomes easier for us and next

generations .despite advantages

mentioned above, there are drawbacks

of technology. So we can consider

technology is a servant but a bad

master. Technology is also needed to

raise our standard of living. Our homes

are more comfortable and use fewer

energy recourses thanks to

improvements in home construction

techniques as well as computer

technology. without technology we

couldn’t have treatments for heart

diseases thanks to progress in medicine

From the above ‘ mentioned lines we

come to a conclusion that says

“technology is good ” Without it there

would be no change ,no improvement s

in our economy ,our standard of living ,

or our health . Hence, we can’t deny the

necessity of technology.

Dr. Rajiv Dahiya

Department of Electronics &

Electrical Engg

Mahavir Swami Institute of

Technology

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Cloud Computing

Cloud computing was defined by NIST

in 2011 as “a model for enabling

convenient, on-demand network access

to a shared pool of configurable

computing resources (e.g., networks,

servers, storage, applications, and

services) that can be rapidly

provisioned and released with minimal

management effort or service provider

interaction”. On Gartner's Hype Cycle

of Emerging Technologies, cloud

computing has cycled from the peak of

inflated expectations in 2009 to

disappearing from the 2015 list,

indicating mainstream adoption and

therefore a growing level of

understanding of what cloud computing

can do for organizations. Given the

increasing adoption numbers reported

by analyst organizations such as IDC,

Gartner, and Morgan Stanley, we can

expect more cloud computing usage

over the next several decades.

HYBRID AND

COMMUNITY CLOUDS

Hybrid clouds—a combination of

public and private clouds—will

continue to increase as companies build

systems composed of self-contained,

independently deployable micro-

services.Micro-services will be

deployed in a combination of public and

private cloud instances, either by design

based on security and privacy

requirements, or decided at runtime

based on load or cost.

Community clouds are tailored for

organizations with common computing

requirements, interests, or regulatory

concerns, such as healthcare,

government, education, research,

financial services, and regulated private

industries. Examples include Amazon's

GovCloud and Microsoft's Azure

Government—targeted at US

government organizations—and United

Health Group's Optum Health Cloud for

the healthcare community. As

communities start seeing reported

benefits in terms of cost savings,

embedded regulatory and security

compliance, combined purchasing

power, and simplified management,

more partnerships will form community

clouds.

INTERNET OF THINGS

Companies will continue to collect and

generate large amounts of data to

understand their markets, customers,

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users, and processes. Combined with

increasing amounts of data coming from

Internet of Things (IoT) devices, it will

simply be a matter of cost efficiency for

many organizations to move to the

cloud for data storage and analytics.

CYBERSECURITY

Cybersecurity is an asymmetric

problem, meaning that it takes a large

amount of resources to protect against

attacks that are generated with a small

amount of resources. Given the high

cost of security and the losses for a

cloud provider in terms of money and

reputation as a result of data breaches,

many organizations simply can't make

the security investments that cloud

providers can and will to protect

themselves. This means that despite

what's reported in the news, the cloud

will be considered safer than on-

premise deployments for many

organizations.

SOFTWARE AS A SERVICE

Gartner's Magic Quadrant for cloud

infrastructure services in 2016's second

quarter shows Amazon Web Services,

Microsoft, IBM, and Google

dominating the market with a 54 percent

combined market share.More stringent

legislations regarding data security and

privacy, growing availability and low

latency expectations driven by the

digital economy and increase in mobile

devices worldwide, and an increase in

more sophisticated cyberattacks will

make it very difficult for companies to

remain competitive in the

infrastructure-as-a-service (IaaS)

provider market. In contrast, as

software vendors shift their business

models from on-premise licensed

software to public cloud–based

offerings, the number of software-as-a-

service (SaaS) products will continue to

grow, as reported by analysts such as

IDC and Gartner.

Another trigger for the increase in SaaS

providers is the move from horizontal

SaaS—broad business functions such as

customer relationship management and

enterprise resource planning—to

vertical SaaS, which focuses on vertical

industries such as healthcare,

energy/utilities, real estate, and retail.

Many of these SaaS providers run on

IaaS offerings, placing even more

requirements on IaaS providers and

making it difficult for smaller IaaS

providers to survive.

Cloud computing is in essence an

economic model—a different way to

acquire and manage IT resources.

Organizations typically adopt cloud

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computing as a way to solve a business

problem and not a technical problem.

Technologies and market players will

change over time, but the bottom line is

that cloud computing is here to stay,

especially for small and medium

enterprises that don't have the internal

resources to run IT departments.

Shivam Dubey

Student

Department of Computer Science & Engg.

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Data visualization: The big picture of big data

The 1977 film “Powers of Ten”

portrays the universe as an arena of both

continuity and change. The short

documentary, selected by the Library of

Congress as being “culturally,

historically or aesthetically

significant,” and written and directed by

Charles and Ray Eames, begins with a

1-meter distant shot of a man laying by

a picnic setting and steadily moves out

until it reveals the very edge of the

known universe. Then, at a rate of 10-

to-the-tenth meters per second, the film

rushes us back toward Earth to the

reclined man’s hand and further down

to the level of a carbon atom on his skin.

That fascinating journey into the macro

and then micro demonstrates visually

the importance of scale and, in a

metaphysical sense, the importance of

visualization itself.

The importance of data visualization

becomes more obvious when viewed

within the context of how the human

brain works. Much has been written in

recent years about how the processes of

the brain and how understanding those

processes can provide profound

insights. In his best-selling 2012 book

“Thinking, Fast and Slow,” Nobel

laureate Daniel Kahneman introduces

the terms System 1 and System 2. The

terms differentiate between the

information processing that occurs in

the human subconscious and conscious

minds. System 1 addresses the functions

that are uncontrolled and effortless.

System 2 comprises functions that are

controlled and require effort to engage.

In action, System 1 allows us to

instantaneously recognize facial

expressions – visual processing. In

contrast, System 2 allows us to make

complex decisions or apply reason.

A little more than a decade before the

release of Kahneman’s book, Danish

physicist Tor Nørretranders, in his book

“The User Illusion: Cutting

Consciousness Down to Size,” converts

the “bandwidth of human senses” to

computer terms. He explains just why

data visualization (a manifestation of

System 1) is perhaps the most powerful

form of data interpretation.

Nørretranders demonstrates that when

assessing the “language of the mind,”

the sense of sight simply operates at an

order of magnitude faster than the sense

of touch (similar to the bandwidth

associated with a network of

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computers), which in itself operates at

an order of magnitude faster than the

sense of smell. As such, the sense of

smell operates at an order of magnitude

faster than the sense of taste (which has

a bandwidth similar to a calculator)!

Figure 1: Natural log of relative operating

speeds. Source: “The User Illusion: Cutting

Consciousness Down to Size,” by Tor

Nørretranders (Penguin Press Science)

Realizing how quickly we understand

and internalize what we see is at the

foundation of what makes data

visualization such an important aspect

of how we analyze information and

make better decisions. That said, the

mechanisms behind data visualization

create a powerful tool to design

effective visualizations to suit any

context – whether that tool is a simple,

static bar chart or something vastly

more complex, multidimensional and

interactive. As such, the science behind

data visualization ranges from the

fundamentals of how we literally see to

the complexities of cognitive

psychology.

Combining the science with the art –

how best to portray the intent of any

particular visualization – winds up

somewhere on a curve between

presentation and exploration. The

difference between presentation and

exploration can be described as the

difference between presenting a known

story in a data set using analysis and

exploring a not-yet-understood data set

using a visual examination. Henry

David Thoreau said, “It’s not what you

look at that matters, it’s what you see.”

With data visualization, the

significance of the quote is quite literal.

It’s a fully formed discipline that

requires multiple skills – among them,

the knowledge of statistics, ideas of

space, design and topography, and a

deep subject matter expertise in the

sector being served.

FROM THEORY TO

PRACTICE

Currently, for any company that deals

with a titanic amount of data, data

visualization is and will remain an

absolutely fundamental tool. Verisk

Analytics is a prime example –

collecting and maintaining highly

granular data on several billions of

insurance policies and claims, credit

card and debit card transactions, real

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estate, health services, government and

human resources. While many

consumer-centric firms have long been

skilled in collecting information, they

now generate and acquire exponentially

growing, disparate and complex

quantities of data – and depend on that

data in many ways for their very

survival in today’s marketplace.

Much of the talk today about data

management and analysis and its effect

on how business gets done targets the

science of analytical modeling. In that

pursuit, many firms indeed have come

far, and yet they still have farther to go.

Large, well-capitalized firms (such as

banks, insurers, retailers) spend

considerable resources and energy

collecting and storing data, not just

because they produce a lot of it but more

likely because the regulatory

environment mandates storing much of

it. These firms haven’t spent nearly

enough effort aggregating their data

across functional silos, integrating

internal data with third-party data,

analyzing the data, and distributing the

resulting insights to people who can

take action on it.

As an example from the retail sector,

imagine that a retailer is looking to

assess the effectiveness of a particular

promotional campaign at its retail stores

through the holiday season. The

management team at the retailer would

invariably want to know: Do we know

the baseline sales at our stores and our

competitor stores before the

promotional period? Let’s say maybe.

Do we know how shoppers at our stores

respond to promotional offers in the

regular season? That’s another maybe.

Do we know what the weather was like

and if it played a role in affecting

shopper turnout at our stores during the

campaign period? That’s one more

maybe. Would all those pieces of

information come together at the same

time and be presented to management in

a manner that’s easy to analyze? That’s

highly unlikely. And that’s a great

example of where visualization

becomes so helpful.

As consumers of information, we’re all

demanding visualization in our own

way. We’ve started to reject the culture

of sound bites and non-synthesized

statistics that agenda-driven interest

groups have inundated us with in the

last two decades. Visualization allows

us to map the information in a way that

leads to better decision-making – easier

and faster. The 2012 Information Week

Business Intelligence, Analytics and

Information Management Survey,

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conducted in late 2011, indicated nearly

half (45 percent) of the 414 respondents

cited “ease-of-use challenges with

complex software/less-technically

savvy employees” as the second-biggest

barrier to adopting business

intelligence/analytics products –

fractionally behind the biggest barrier,

“data quality problems,” cited by 46

percent of respondents.

MOTHER NATURE’S

INFOGRAPHICS

Catastrophe risk management has come

a long way in its 25-year history, and

the sophistication of those analytics

goes well beyond the numbers in a

database. The end result has been fast,

intuitive insight into what drives risk.

Looking back to Superstorm Sandy,

healthcare officials in New York City,

in advance of the storm, were trying to

decide whether to evacuate hospitals. In

the end, many chose not to move

patients before the storm.

Unfortunately, numerous hospitals were

then catastrophically flooded, and

patients had to be moved during the

worst of the deluge.

Certainly, myriad factors go into

assessing a situation like that, but as

analytics and their visualization become

increasingly sophisticated, they’ll be

able to help risk-bearing organizations,

including insurers and local authorities,

develop appropriate prescriptions for

mitigating risk – by providing the

contextual detail for better-informed

decisions.

Today’s advanced climate models are

capable of effectively projecting the

impact of storms as they get closer to

coastlines or geographic regions. Such

models can assess the total number of

homeowners expected to be affected,

when an event is expected to worsen,

and when it will be safe for insurance

personnel to move into the area. The

visualization models enable the

decision-maker or assessor to evaluate

locations at the individual building

level. That capability facilitates a

preplanning process and allows

companies to communicate proactively

with policyholders so they can take

certain loss control measures – such as

boarding windows, reducing chance of

fire, and so on – to mitigate damage.

Such models are also allowing insurers

to readily project and visualize the

impact of fallen trees on power lines

serving a group of policyholders.

Given the complexity associated with

climate change and the inherent

difficulty in the assimilation of

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evolving and interdependent data, our

dependence on a sophisticated and

constantly improving visualization

capability is far too great to be denied.

THE SIGHT IN BUSINESS

INSIGHT

Unquestionably, the tried-and-true bar,

line and pie charts have served us well.

But when the complexities of

relationships are more nuanced and the

data becomes more unstructured, visual

analytics need to become more

dynamic, multidimensional and

customized.

For lenders and insurers, visualization

can help identify a range of data issues

quickly – from a high-level view of

exposure location to exposure

composition and completeness,

including breakdowns by profile of the

entities at risk (customers, businesses,

properties, vehicles and so on). Visual

link analysis technology helps discover

critical, previously hidden connections

within data. Seeing those connections –

within proprietary data, in data from

external sources or through a

combination of sources – provides

insight and knowledge to make

decisions. The technology finds all data

elements applicable to a question and

draws a picture of the connections

among those elements, revealing

previously invisible relationships. The

contextual approach provides a

multidimensional understanding of

profitability, customer behavior, and

industry trends.

Data integrity can be a significant

problem for large organizations,

especially where multiple, complex

databases are involved. Mapping

techniques often find thousands of

errors in a fraction of the normal time.

Mapping also finds red flags in claims

data. Fraud investigators at financial

institutions often use visual link

analysis to assist in their inquiries. For

example, a money-laundering

investigator monitors each check, credit

card or ATM withdrawal over a specific

threshold, and the technology helps in

instantly flagging irregular patterns,

revealing potential sources of fraud or

money laundering. Seeing those

connections – within company data, in

data from external sources or through a

combination of sources can give claims

investigators insight and knowledge to

help make better decisions.

Visualization is useful in insurance for

commercial fleet and personal auto

policyholders. Telematics programs use

sensors to determine factors as simple

as distance (vehicle miles traveled) and

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as sophisticated as camera-based

recording. Devices transmit and store

the resultant collection for immediate or

deferred analysis, meaningful

interpretation and visualization.

Although the use of telematics data and

visualization is in its early stages, the

usage-based insurance (UBI) opt-in rate

is expected to increase to 20 percent

over the next five years, according to

one recent industry poll. Other polls

consistently show that two-thirds of

consumers are open to telematics-based

insurance policies, especially if there’s

the potential for premium discounts.

Among newer consumers of vehicle

insurance — the Gen Ys and the

Millennials — the use of telematics and

visualization technology is almost

expected.

While throughout history and in the

present day there is always that rare

breed with the unique and innate ability

to quickly make sense of disparate

sources of information and data, the

mortals among us are blessed to be

living at a time replete with the data and

tools to make those connections for us

in a fraction – enabling us not only to

make better business decisions but

maybe even allow us to see the as yet

unforeseen

.

Devender Singh

Student

Department of Computer Science & Engg.

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Why You Should Adopt the Internet of Things

You approach your front door, you tap the screen of your smartphone and hear the

door unlock. When you walk into your house, your home is illuminated by your favorite

shade of blue. Your smart toaster automatically toasts you your perfect after work

bagel. Pandora hums relaxing music through your smart TV. Walking down the hall,

your floors warm to your feet. You face your smart mirror to check for any updates to

your calendar as you listen to tomorrow’s weather forecast.

All of this is accomplished through the Internet of Things. Truly, the Internet of Things

is ready to make your home a technological wonderland.

Why the Internet of Things technology is here to stay

Luckily, there is more to the technology than perfect bagels and moody lighting. IoT

goes beyond mere indulgence, although having a smart home equipped with cutting-

edge smart devices is a delight to interact with on a daily basis, IoT can do far more.

“IoT is transforming the everyday physical objects that surround us into an ecosystem

of information that will enrich our lives,” reads the esteemed PricewaterhouseCoopers

report. “From refrigerators to parking spaces to houses, the IoT is bringing more and

more things into the digital fold every day, which will likely make the IoT a multi-

trillion-dollar industry in the near future."

The overarching goal of IoT is to make us more efficient, more effective and more

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productive as individuals, groups, and communities. On the tech side, it is the idea of

a uniformly connected world of devices that can access the internet and communicate

at will.

This allows for transparent data sharing and constant application feedback which

directly results in more cohesive and better-made programs. In this article, we will

explore the reasons why IoT is worth adopting and why it could change everything

from stuffy corporate offices to co-ed college campuses.

THE INTERNET OF THINGS TECHNOLOGY IS A DREAM WORTH

BELIEVING

"The proliferation of devices with communicating-actuating capabilities is bringing

closer the vision of an Internet of Things,” says Jayavardhana Gubbi in a study about

future generations of computing, “where the sensing and actuation functions

seamlessly blend into the background, and new capabilities are made possible through

access of rich new information sources.

The power of IoT will only grow as computing power and devices proliferate. In kind,

the computing power of individual smart devices will continue to expand the abilities

and capabilities of each smart device. And as capabilities expand and connectivity

increases, the potentiality for smart companies, smart cities, and smart homes increases

exponentially.

“The evolution of the next generation mobile system will depend on the creativity of

the users in designing new applications,” continues Gubbi. “IoT is an ideal emerging

technology to influence this domain by providing new evolving data and the required

computational resources for creating revolutionary apps."

IoT is truly the next step in the information age. The Internet of Things could change

our everyday lives, our everyday work, and our everyday communities. Think of the

relief of not having to worry about what is in the refrigerator or if your stove is on

while you are at work. IoT seeks to give your day back by bringing everything under

your control to a single location.

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The technology will put your life at your fingertips as your smartphone becomes the

main hub for the rest of your world. IoT is not just a simple idea, but, is already a major

part of our lives. The industry will balloon to new heights with this tech and will allow

for fair and equal access to the inherent around the world. You do not want to be caught

unprepared for the technological revolution that will change our lives soon.

“The Internet will disappear,” said Google chairman Eric Schmidt. “There will be so

many IP addresses, so many devices, sensors, things that you are wearing, things that

you are interacting with, that you won't even sense it. It will be part of your presen ce

all the time. Imagine you walk into a room, and the room is dynamic. And with your

permission and all of that, you are interacting with the things going on in the room."

Anubhav

Student

Department of Civil Engg.

REVOLUTION TO THE COMMUNICATION

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Vision of FTTH in India: Providing Next Generation Nation-wide

Broadband Network for Improvement of National Connectivity

Fiber To The Home is a term used to

denote an access network which uses

optical fiber from the central access

point (such as a telephone switch) all

the way to the customer's home. FTTH

can deliver huge data rates to

customers. FTTH can offer all existing

services to a customer, such as

telephony, internet access and cable

television and radio using only one

infrastructure. FTTH will also make it

possible to meet the growing demand

from customers for two-way,

interactive, video-based services.

FTTH is sometimes called Fiber To

The Premises (FTTP).

Data growth in the Indian telecom

market has reduced the prominence of

traditional wireline broadband

technologies such as digital subscriber

line and cable modem. These

technologies are not efficient enough to

meet the customers’ demand for high-

bandwidth applications such as high

speed internet access, video-on-

demand, high definition TV, IPTV and

online gaming. In this scenario, fibre-

to-the-home (FTTH) technology,

which offers advantages like high

bandwidth capacity and the delivery of

high speed, high quality and multi-play

services (data, voice and video)

through a single channel, presents a

strong business opportunity for telecom

operators.

FTTH networks’ ability to deliver high

bandwidth has made investments in this

infrastructure very important for

operators. They are increasingly

deploying FTTH technology to

complement their wireless networks.

Spectrum crunch is another major

factor that has led operators to look for

viable alternative mediums. Also, to

achieve the broadband targets set by the

government under the National

Telecom Policy, it will be important to

drive FTTH growth along with other

technologies.

BENEFITS OF FIBER

CONNECTIVITY

Fiber-optic connectivity can lend a

great advantage to companies of all

sizes, particularly organizations who

use the cloud for apps or data storage.

Fiber coupled with voice-over-IP

(VoIP) telephony is a powerful

combination for business

communications. Fiber-optic Internet

is many times faster than even the

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highest-speed copper Internet

connections, with options available

that range from 5 Mbps to 100 Gbps

From customer relationship

management (CRM) tools to data

storage, the cloud is an important

business tool for apps, hosting, and

more. 82% of organizations are now

using the cloud in some capacity. The

speed and bandwidth capabilities of

fiber Internet mean faster access to

your data and applications stored in the

cloud Fiber Internet connectivity offers

significant reliability advantages over

copper Internet connectivity, due to the

fact that fiber is much stronger than

copper. Fiber-optic Internet is not

susceptible to inclement weather

conditions, which can damage or stall

data transmission via copper cabling.

Fiber is also resistant to human or

electrical interference unless fibers are

physically cut.The signal strength of

fiber-optic Internet does not degrade as

quickly over distance.The bandwidth

availability is significantly higher, and

speed does not decrease as high

demands are put on the network. Signs

of low bandwidth availability can

include slow speeds, delays, and

pixelated video quality.Latency is a

term used to describe delays that occur

while processing data over an Internet

connection. Fiber-optic Internet

eliminates many of the latency issues

users experience on cable Internet,

particularly when downloading or

uploading video or high-definition

content. The business benefits of

lowering latency could include: Better

voice quality for VoIP users, Ability to

move more apps to the cloud,

Downloads and uploads of huge files

without disruption, Improved

collaboration between employees

Mokshita

Student(ECE)