Induction motors are the workhorse of our industries, continuously applied in new areas with improved performance utilizing modern power electronics and digital controls. This paper proposes a new computationally efficient real-time control for induction motor drives using state-of-the-art digital signal processing (DSP) technology, but without using a speed sensor. This control is named Advanced Speed-sensorless Induction-motor Drive (ASID). Its advantages are particularly evident in hostile application environments where maintenance of speed sensors requires costly downtime or their installation is physically difficult. This paper details ASID control algorithms, formulations, and implementations. The features of the ASID are demonstrated and compared with the manufacturer-recommended speed-sensorless drive control. Key comparisons provided in the paper include efficiency of computations, easy of real-time implementations, simplicity of control algorithms, accuracy of speed estimations, convergence and stability of feedback controls, comprehension of control methodology, etc.