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HuggingFace Introduces TextEnvironments: An Orchestrator between a Machine Learning Model and A Set of Tools (Python Functions) that the Model can...
AI-driven networks provider Juniper Networks has announced that its wireless access, wired access, NAC, indoor location services and SD-WAN solutions, all driven by MistAI, will have a cloud instance that is optimised for businesses that prefer a cloud instance in Australia.
Juniper says that across ANZ, its customers and partners have benefitted from a cloud-native architecture, including microservices agility, resiliency and elastic scale - however, for businesses and government entities in Australia, the need to validate data storage locations have become increasingly crucial due to data privacy and cybersecurity concerns.
With the launch of Juniper Australias cloud instance, Juniper can now provide more secure, resilient, and automated AI-driven cloud services. This offering supports digital transformation initiatives while ensuring that the Australian cloud instance meets customers' specific needs, notes Juniper.
Juniper lists key benefits as:
The Juniper Mist solutions deliver unsurpassed automation, insight and assurance for simplified operator experiences and exceptional user experiences. The entire Juniper campus and branch portfolio is managed via a unified Mist cloud and AI engine for assured client-to-cloud experiences across the wired, wireless and WAN domains. Proactive actions and self-driving network operations avoid problems before they arise, eliminating over 90 percent of inbound network trouble tickets in some instances, notes Juniper.
Im excited that we will be rolling out a cloud instance in the ANZ region to further expand the reach of our AI-driven Enterprise solutions across the market. We have seen strong growth and momentum across our Enterprise business in the ANZ region, and we look forward to helping more customers achieve their business goals with this new offering, says Bruce Bennie, Regional Vice President, Australia & New Zealand, Juniper Networks.
By introducing data hosted cloud services in the Australian region, Juniper Mist will be able to accelerate our vision to help customers transform their IT operations and deliver amazing experiences for their end users. While many businesses have already embraced Juniper AI-driven enterprise solutions, the new Australian cloud instance will enable more businesses, such as government entities, to take advantage of the innovation that Mist AI brings, says Zohar Cohen, Vice President, AI-Driven Enterprise Sales, APAC at Juniper Networks.
Our government and enterprise customers are looking to embrace a modern cloud-native and AI-driven platform to boost outcomes but prefer a cloud instance in Australia to meet the requirements in the Australian market. With the Juniper Mist cloud, were able to migrate our customers to the network of the next decade and boost customer outcomes, commented Michael van Rooyen, Chief Technology Officer at Orro Group.
Did you realise that Gartner also recommends that security teams prioritise NDR solutions to enhance their detection and response?
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Download the 2022 Gartner Market Guide for Network Detection and Response (NDR) for recommendations on how Network Detection and Response solutions can expand deeper into existing on-premises networks, and new cloud environments.
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Marketing budgets are now focused on Webinars combined with Lead Generation.
If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.
The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.
Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.
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Juniper Networks set to accelerate adoption of AI-driven wired ... - iTWire
As we approach the end of 2023, lets take a moment to look at technology-driven industry trends and those most likely to have an impact in 2024. With significant changes occurring over the previous few years, 2024 is unlikely to be a year of revolution. Furthermore, it will be a year that compounds the advantage of those that have already embraced core technologies - both physical and virtual - to cement their business stability and offer higher value services to their customers without becoming fragile to change.
Here are some specific predictions for the upcoming year.
Organisations that are already building on foundational platform capabilities in the information and product space will find an increasing number of business activities that can be augmented in 2024. Following a non-fragile approach will maximise the benefit.
However, for companies that are not yet on that path, now is the time to start. While cash looks to remain more costly, industries with a slightly suppressed customer demand can take advantage of the ideal opportunity to make the necessary changes. Those that do have been shown to come out on top.
Excerpt from:
AI, Machine Learning boom to dominate the year 2024 - IT Brief Australia
Well explore some of the best machine learning courses in Bangalore to help you take your AI expertise to the next level
Machine learning is transforming industries worldwide, and Bangalore, Indias Silicon Valley, is at the forefront of this technological revolution. With numerous organizations leveraging AI and machine learning, theres a growing demand for skilled professionals in the field. If youre looking to kickstart or advance your career in machine learning, Bangalore offers an array of top-notch courses and programs. In this article, well explore some of the best machine learning courses in Bangalore to help you take your AI expertise to the next level.
IISc Bangalore, a premier institution in India, offers a Post Graduate Program in Artificial Intelligence and Machine Learning. This comprehensive program covers foundational and advanced topics in machine learning and AI. The course includes hands-on projects and is conducted by expert faculty members.
IIT Bangalore offers a Machine Learning and Data Science program thats designed for working professionals. It covers various aspects of machine learning, data science, and artificial intelligence. The programs flexibility makes it suitable for those with busy schedules.
UpGrad, in collaboration with IIIT Bangalore, offers an Advanced Certificate Program in Machine Learning and Artificial Intelligence. The program provides a deep dive into ML and AI, and students work on real-world projects. UpGrad is known for its industry-relevant curriculum.
Simplilearns Machine Learning Certification Course is tailored for professionals looking to upskill. It covers machine learning, deep learning, and natural language processing. The course includes hands-on labs, and students work on a capstone project.
Great Learning offers a Post Graduate Program in Artificial Intelligence and Machine Learning. The course includes comprehensive coverage of ML, AI, and deep learning concepts. They have a flexible learning format suitable for professionals.
AnalytixLabs offers a Machine Learning Course in Bangalore thats well-regarded. It covers machine learning, Python programming, deep learning, and NLP. The course also includes capstone projects and practical experience.
Jigsaw Academys Machine Learning Certification Course covers an array of machine learning algorithms, statistical models, and big data. Its a practical course designed to equip students with the skills needed in the industry.
edX offers Machine Learning courses from top institutions, including IIT Bombay and Microsoft. These courses are available for free, with an option to receive a verified certificate upon completion.
Coursera provides access to machine learning courses from renowned institutions like Stanford University and the University of Washington. You can choose from a variety of courses, many of which are self-paced.
Udemy offers a wide range of machine learning courses, making it accessible to learners with different levels of expertise. You can explore courses on specific topics, such as deep learning or natural language processing.
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Best Machine Learning Courses in Bangalore - Analytics Insight
Comscore Reports Third Quarter 2023 Results
RESTON, Va., November 6, 2023 Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting, and evaluating media across platforms, today reported financial results for the quarter ended September 30, 2023.
Q3 2023 Financial Highlights
"Despite challenging end-markets that impacted revenue in the quarter, we delivered double-digit growth in local TV, more than 20% growth in Activation and Comscore Campaign Ratings, and a significant increase in profitability and adjusted EBITDA. As we close out 2023 and look to 2024, we will continue to leverage Comscore's complete view of audiences across platforms to deliver value for our clients and shareholders," said Jon Carpenter, CEO of Comscore.
Third Quarter Summary Results Revenue in the third quarter was $91.0 million, down 1.9% from $92.8 million in Q3 2022. Digital Ad Solutions revenue declined 3.6% from Q3 2022, primarily due to the timing of deliverables for certain custom digital products and lower revenue from our syndicated digital products, partially offset by increased usage of our Activation product and growth in Comscore Campaign Ratings (CCR). On a combined basis, Activation and CCR delivered growth rates of 23% for the quarter and 26% year to date compared to 2022. Cross Platform Solutions revenue was up 0.2% from Q3 2022, driven by continued double-digit growth in local TV revenue, offset by lower national TV revenue. Movies revenue was flat compared to the prior year quarter.
Our core operating expenses, which include cost of revenues, sales and marketing, research and development and general and administrative expenses, were $86.3 million, a decrease of 4.5% compared to $90.4 million in Q3 2022. The primary driver of the decline was employee compensation, which decreased from ongoing restructuring efforts and a higher amount of capitalization related to internally developed software as we increased our focus on product infrastructure and innovation in 2023. We also abandoned two office spaces during the quarter, which resulted in a non-cash impairment charge of $1.5 million.
Net income was $2.6 million in Q3 2023, compared to net loss of $52.4 million in Q3 2022, resulting in net income (loss) margins of 2.9% and (56.5)% of revenue, respectively. After accounting for dividends on our convertible preferred stock, loss per share attributable to common shares was $(0.02) and $(0.60) for Q3 2023 and Q3 2022, respectively.
Non-GAAP adjusted EBITDA for the quarter was $13.4 million, compared to $11.7 million in Q3 2022, resulting in adjusted EBITDA margins of 14.7% and 12.6%, respectively. Excluding the impact of foreign currency transactions, FX adjusted EBITDA for the quarter was $12.3 million, compared to $8.9 million in Q3 2022. Adjusted EBITDA and adjusted EBITDA margin exclude stock-based compensation, amortization of cloud-computing implementation costs, restructuring costs, change in fair value of contingent consideration and warrants liability, impairment of goodwill, impairment of right-of-use and long-lived assets, transformation costs (added in Q3 2023 and applied to prior periods), and other items as presented in the accompanying tables. FX adjusted EBITDA excludes these items as well as gain/loss from foreign currency transactions.
Balance Sheet and LiquidityAs of September 30, 2023, cash, cash equivalents and restricted cash totaled $30.3 million. Total debt principal, including $16.0 million in outstanding borrowings under our senior secured revolving credit agreement, was $21.0 million.
2023 OutlookBased on current trends and expectations, we believe full-year 2023 revenue will be flat to down 1% compared to 2022 and are reaffirming our guidance for an adjusted EBITDA margin in the double digits.
We do not provide GAAP net income (loss) or net income (loss) margin on a forward-looking basis because we are unable to predict with reasonable certainty our future stock-based compensation expense, fair value adjustments, variable interest expense, litigation and restructuring expense and any unusual gains or losses without unreasonable effort. These items are uncertain, depend on various factors, and could be material to results computed in accordance with GAAP. For this reason, we are unable without unreasonable effort to provide a reconciliation of adjusted EBITDA or adjusted EBITDA margin to the most directly comparable GAAP measures, GAAP net income (loss) and net income (loss) margin, on a forward-looking basis.
Conference Call Information for Today, Monday, November 6, 2023 at 5:00 p.m. ETManagement will host a conference call to discuss the results on Monday, November 6, 2023 at 5:00 p.m. ET. The live audio webcast along with supplemental information will be accessible at ir.comscore.com/events-presentations. Participants can obtain dial-in information by registering for the call at the same web address and are advised to register in advance of the call to avoid delays. Following the conference call, a replay will be available via webcast at ir.comscore.com/events-presentations.
About ComscoreComscore is a global, trusted partner for planning, transacting and evaluating media across platforms. With a data footprint that combines digital, linear TV, over-the-top and theatrical viewership intelligence with advanced audience insights, Comscore empowers media buyers and sellers to quantify their multiscreen behavior and make meaningful business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement.
Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of federal and state securities laws, including, without limitation, our expectations, forecasts, plans and opinions regarding expected revenue and adjusted EBITDA margin for 2023, growth areas, strategic and financial focus areas, economic and industry trends, value delivery to clients and shareholders, product infrastructure and innovation, and restructuring plans. These statements involve risks and uncertainties that could cause actual events to differ materially from expectations, including, but not limited to, changes in our business and customer, partner and vendor relationships; external market conditions and competition; changes or declines in ad spending or other macroeconomic factors; evolving privacy and regulatory standards; and our ability to achieve our expected strategic, financial and operational plans, including the restructuring plan we announced in September 2022. For additional discussion of risk factors, please refer to our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings that we make from time to time with the U.S. Securities and Exchange Commission (the "SEC"), which are available on the SEC's website (www.sec.gov).
Investors are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. We do not intend or undertake, and expressly disclaim, any duty or obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after the date of this press release, or to reflect the occurrence of unanticipated events.
Use of Non-GAAP Financial MeasuresTo provide investors with additional information regarding our financial results, we are disclosing in this press release adjusted EBITDA, adjusted EBITDA margin and FX adjusted EBITDA, which are non-GAAP financial measures used by our management to understand and evaluate our core operating performance and trends. We believe that these non-GAAP financial measures provide useful information to investors and others in understanding and evaluating our operating results, as they permit our investors to view our core business performance using the same metrics that management uses to evaluate our performance. Nevertheless, our use of these non-GAAP financial measures has limitations as an analytical tool, and investors should not consider these measures in isolation or as a substitute for analysis of our results as reported under GAAP. Instead, you should consider these measures alongside GAAP-based financial performance measures, net income (loss), net income (loss) margin, various cash flow metrics, and our other GAAP financial results. Set forth below are reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures, net income (loss) and net income (loss) margin. These reconciliations should be carefully evaluated.
Q3 2023 Earnings Report.pdf
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Comscore Reports Third Quarter 2023 Results - comScore
Red Hat's replacement of CentOS with CentOS Stream has upset companies that depend on Linux as their server OS.
CentOS Stream is a rolling release OS, which means it isn't ideal from a reliability standpoint as it does not have a fixed update release schedule. However, shortly after Red Hat declared the discontinuation of CentOS, two similar distributions were announced: Rocky Linux and AlmaLinux. These two distributions have become popular among CentOS users.
Rocky Linux and AlmaLinux have similar use cases and support the same architectures. However, Rocky Linux is a 1-to-1 binary to RHEL while AlmaLinux is Application Binary Interface-compatible with RHEL. Both distributions also have a difference in funding. Compare these newer distributions to decide which OS is best for your company.
IBM acquired Red Hat in 2019. In June 2023, Red Hat/IBM decided to make the source for RHEL private, which makes it a challenge for Rocky Linux and AlmaLinux to remain 1-to-1 compatible with RHEL. To this end, both distributions have taken different paths.
Gregory Kurtzer is the creator of CentOS and Rocky Linux. Starting with CentOS, Kurtzer's goal was to create a free Linux distribution that is 1-to-1 binary compatible with RHEL. He created Rocky Linux to pick up where CentOS left off.
Rocky Linux has opted to retain the 1-to-1 compatibility by way of public cloud instances and Universal Base Images that are based on RHEL.
AlmaLinux is the product of CloudLinux. AlmaLinux is community-driven and focused primarily as an enterprise-grade Linux distribution. Like Rocky Linux, the goal of AlmaLinux is to remain 1-to-1 binary compatible with RHEL.
However, AlmaLinux has opted to drop its goal to remain 1-to-1 binary compatible with RHEL. Instead, AlmaLinux's new goal is to be Application Binary Interface-compatible with RHEL. To accomplish this, AlmaLinux plans to use CentOS Stream source code that Red Hat continues to make available.
On the surface, Rocky Linux and AlmaLinux are similar. Their lifecycle is 10 years, they're targeted as production-grade, enterprise OSes, support is around eight years for each and updates are regular -- with a one-business-day lag from RHEL.
Both distributions use the Red-hat Package Manager and Dandified Yum package manager. Managing applications in Rocky Linux or AlmaLinux is similar to RHEL. These distributions also use firewalld, iptables and SELinux as their primary security mechanisms.
Another similarity is that Rocky Linux and AlmaLinux support the same architectures: x86_ 64, aarch64, ppc64le and s390x.
Both distributions include the following repositories, enabled by default:
For installations with a GUI, Rocky Linux and AlmaLinux default to the GNU Network Object Model Environment.
AlmaLinux and Rocky Linux share similar uses. Both work for enterprise-grade servers, such as web and database servers. They are also similar to container and cloud deployments. Rocky Linux and AlmaLinux are suited to take on any use case RHEL would be used for.
The differences between Rocky Linux and AlmaLinux aren't easy to spot, which is a product of both distributions being based on RHEL.
One difference is found within the realm of security. Rocky Linux uses Network Time Protocol and Secure Boot, while AlmaLinux focuses on the Center for Internet Security Benchmark.
Beyond that, funding is different for each distribution and could be the deciding factor for a company to choose one over the other.
AlmaLinux is driven by a nonprofit. CloudLinux and other sponsors, like WebPros and Black Host, grant AlmaLinux a $1 million annual sponsorship to guarantee the distribution will continue and always be free. Cloud Linux has been around since 2009. This set amount of funding per year and longevity of CloudLinux assures users that AlmaLinux will always have funding for updates.
Rocky Linux is community driven. In 2022, Ctrl IQ (CIQ), the founding sponsor and service provider of Rocky Linux, gave $26 million in funds to the distribution. This is a one-time fund to Rocky Linux, which means more funds are needed in the future. CIQ was founded in 2020. Rocky Linux prospects might be deterred from the distribution if they do not want to take a chance with a newer company sponsoring Rocky Linux.
However, that is not to discount Rocky Linux. CIQ might be a newcomer, but they have grown fast and have an outstanding reputation within the world of technology. Kurtzer has a massive built-in fan base because of CentOS, so the Rocky Linux community should continue to grow. With Kurtzer's dedication to improving what he did with CentOS, users can be certain he is committed to the community.
According to Google Trends, AlmaLinux has been the more popular choice since July 2020. AlmaLinux has gained more interest over time and has a larger subregion breakdown within the United States compared to Rocky Linux. And if you compare the two on a worldwide scale, the difference is even more dramatic.
Whichever you pick, AlmaLinux and Rocky Linux will serve as proper replacements for CentOS or RHEL. If you are unsure, then download both, install them and see which one fits your needs the best.
Continued here:
Rocky Linux vs. AlmaLinux: Which is better? - TechTarget
Ransomware attacks reached a record high in 2023, and are set to continue to be a threat for some time to come, new research has warned.
In its 2024 Key Forecasts, ZeroFox Intelligence highlighted analysis of live threat intelligence data showing the rise, and warned that as a number of key elections are due in 2024, it expects an uptick in malicious campaigns and scams looking to spread misinformation.
Manufacturing and technology industries facing the greatest threat, the company said, with US based organizations will likely suffer more than 50% of global ransomware attacks in 2024 due to its sizable economic and digital infrastructure.
Social engineering is expected to rise as a result of phishing campaigns utilizing new techniques and malicious attachments. Search engine optimization (SEO) will also see increased levels of manipulation by threat actors looking to make their scams appear more legitimate, or use more legitimate domains.
AI will see an increased use by threat actors and the cyber security industry as its abilities evolve. Synthetic media generated by AI will be used to target elections, and spread misinformation, disinformation, and malinformation. However, there is potential for AI to enhance defense capabilities concerning cyber security and the detection of synthetic media.
There is a growing threat that cyber attacks will have increasing physical damages, most likely affecting finance, energy and healthcare. These critical sectors can suffer huge real world damage as a result of cyber attacks, and often use out-dated or undersized security infrastructure. Nation-state and state-sponsored attacks are the most likely to target these critical sectors, especially with regard to the Russia-Ukraine war and tenuous relations between China and Taiwan.
ZeroFox noted businesses looking to enhance their protective capabilities, which include backing up critical data to off-site encrypted cloud storage, monitoring network access and device configurations, and adopting an organization-wide zero-trust cybersecurity architecture to keep device access to the minimum required for operation.
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Ransomware, AI, and social engineering all set to be 2024's biggest ... - TechRadar
Read More..Peter Karasev, 36, a U.S. citizen residing in San Jose, was arraigned in the Northern District of California today on an indictment charging him with destroying energy facilities and using fire or explosives to commit a federal crime.
According to court documents, Karasev was indicted on Oct. 19. As alleged in counts one and two of the indictment, Karasev knowingly and willfully damaged the property of two energy facilities specifically, two PG&E transformers in San Jose, California on Dec. 8, 2022, and Jan. 5, 2023, respectively and attempted to cause and caused significant interruption and impairment of those energy facilities. The indictment also alleges, in count three, that the defendant used fire and an explosive to commit a felony, specifically, the destruction of an energy facility on Jan. 5, 2023.
These charges make clear that those who attack our countrys critical infrastructure will be met with the full force of the Justice Department, said Attorney General Merrick B. Garland. We have charged Peter Karasev with bombing two energy transformers in Northern California, leaving more than 1,500 households and businesses in the San Jose community without power. I want to thank the U.S. Attorneys Office for Northern District of California and the FBI for their work to bring the defendant to justice and prevent further harm to the San Jose community.
"Theindictment alleges that Karasev built explosive devices and used them to damage energy facilities, knocking out power to over 1,500 homes and businesses in the San Jose area, said FBI Director Christopher Wray. The FBI is laser focused on protecting the essential infrastructure that Americans rely on every day, and we and our partners like the San Jose Police Department will use every lawful meansto holdanyone who targets that infrastructure accountable.
The defendant in this case allegedly used explosives to try to cut off electricity to more than 1,500 San Jose businesses and residences, said U.S. Attorney Ismail J. Ramsey for the Northern District of California.Damaging our regions critical infrastructure endangers innocent victims including our most vulnerable citizens such as the elderly and the sick and we will not tolerate it. We will vigorously prosecute any malicious attempts to disrupt the power grid.
As described in a government memorandum seeking Karasevs pretrial detention, Karasev constructed, planted and ignited the explosive devices that caused each of the transformer explosions. Both attacks occurred during the early morning hours in commercial areas occupied by stores and businesses, and collectively terminated power to over 1,500 households and businesses in the San Jose community.
The governments memorandum also detailed that in the months leading up to the attacks, Karasev was building and experimenting with homemade explosives, as well as manufacturing methamphetamine, in his own home. At the time of his arrest, Karasev was allegedly in possession of a range of improvised explosive devices in varying stages of completion, as well as multiple firearms, additional weapons, over 300 pounds of explosive precursor materials, and other hazardous substances.
Karasev was arrested in March 2023 by local authorities and remained in custody on related state charges prior to his transfer to federal custody for this case. He is charged with two counts of destruction of an energy facility and one count of use of fire or an explosive to commit a federal felony. If convicted, Karasev faces a mandatory minimum penalty of 10 years in prison on count three to be served consecutively to any imprisonment imposed for either of the other counts. Karasev faces a maximum penalty of up to 20 years in prison, a $250,000 fine, and three years of supervised release for each count. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.
The FBI and the San Jose Police Department are investigating the case.
Assistant U.S. Attorney Anne C. Hsieh for the Northern District of California and Trial Attorney Jacob Warren of the National Security Divisions Counterterrorism Section are prosecuting the case.
An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
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Engineer Indicted for Bombing Energy Facilities in California - Department of Justice
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Young Bristol graduates win national engineering competition - BBC.com
Read More..Karnataka to develop 10 engineering colleges as Institutes of EminenceFor this purpose, the Higher Education department has decided to borrow a soft loan from the World Bank. Confirming this to DH, Minister for Higher Education Dr M C Sudhakar said that the proposal has been submitted to the Finance department for the concurrence to take a loan from the World Bank.
Last Updated 08 November 2023, 06:02 IST
Visvesvaraya College of Engineering, Bengaluru.
The state government has dropped the previous BJP governmentsplan to develop seven government engineering colleges as Karnataka Institute of Technologies (KIT), on the lines of the Indian Institute of Technology (IIT). It has decided to upgrade 10 government engineering colleges as the Institute of Eminence.
For this purpose, the Higher Education department has decided to borrow a soft loan from the World Bank. Confirming this to DH, Minister for Higher Education Dr M C Sudhakar said that the proposal has been submitted to the Finance department for the concurrence to take a loan from the World Bank.
It was just an announcement made by the previous government to develop colleges into an IIT model, but funds were not released or earmarked for the purpose. We have dropped that plan and decided to upgrade 10 government engineering colleges as Institutes of Eminence, said Sudhakar.
It is not that we have discontinued the project by the previous government. Actually the twinning programme for polytechnic students was their project and we have continued it, the minister said.
As explained by the minister, it is not easy to develop colleges as IIT model. The curriculum, examination system, governance and everything is different in the IITs. Our aim is to improve the quality by providing importance to faculty and infrastructure, he said.
We will not stress only on improving the infrastructure of our engineering colleges. The loan amount will be distributed region-wise for the colleges, he added.
The idea of the department is to get Rs 1,740 crore soft loan from the World Bank for the period of 20 years and allocate Rs 30 crore per government engineering college (total 10 selected), Rs 20 crore per degree college in 15 districts and upgrade them as model colleges and also to establish polytechnics in every district utilising the funds.
Sudhakar said the department is trying to bring in some changes in the engineering curriculum also. The BJP government had announced to upgrade seven government engineering colleges to KITs on the lines of IITs. It had constituted a task force headed by founder director of Indian Institute of Information Technology, Bengaluru, Prof S Sadagopan.
As per the announcement, the task force was supposed to select two departments in seven engineering colleges, study the needs and submit reports on upgrading them as KITs.
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Karnataka to develop 10 engineering colleges as Institutes of Eminence - Deccan Herald
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