AI will not take all jobs nor end civilization. But it will help businesses make better decisions. Artificial intelligence (AI) is everywhere. And stories are rampant about its promise and its threat. Will AI’s potential be realised in the year ahead? SAS, the leader in AI and analytics, asked executives and experts across the company to predict trends and key business and technology developments in AI for 2024. Below are some of the predictions they shared. Generative AI will augment (not replace) a comprehensive AI strategy “Generative AI technology does a lot of things, but it can’t do everything. In 2024, organisations…
Author: ITPulse
The combined revenues from crypto, NFT, and Defi are expected to hit $80 billion representing 33percent increase before the end of 2024, data presented by AltIndex.com has shown. This is after digital assets experienced a 37% plunge in 2022 and hit $60.1 billion in revenue. “The rebuilt confidence in digital assets is expected to continue driving growth in 2024, with the market reaching more users and generating more revenue than ever,” the data noted. It added that digital asset ownership continues rising, with more people than ever investing their money in cryptocurrencies, digital tokens, NFTs, and any other type of…
In its effort to drive digital transformation and broadband access across Nigeria, Galaxy Backbone Limited (GBB) has decided to showcase its tier IV data centre and nationwide fiber network at the 11th Annual National Council on Communications, Innovation & Digital Economy (NCCIDE). The federal government-owned infrastructure company displayed the benefits of its Infrastructure for all the 36 states of the Federation and its crucial role in driving Nigeria’s Digital Future. Another major highlight of the NCCIDE Conference was GBB’s showcase of its high-speed Fibre Optic Cables which provided Internet Connectivity for the entire 5-day Conference in Kano. GBB’s Fibre connectivity…
Anambra State’s ascent to technological excellence reached new heights as it clinched the First Runner-up position in E-Government Implementation at the recent 11th National Council on Communication, Innovation, and Digital Economy (NCCIDE) meeting held in Kano. The award not only spotlights Anambra’s dedication to tech-driven governance but also highlights a series of groundbreaking achievements in the realm of E-Government Implementation. Key Achievements: Digitized ANSEC Processes: A complete digitization of Anambra State Executive Council (ANSEC) processes eliminates the need for costly printing, making the process more efficient, cost-effective, and sustainable. E-Government Infrastructure: The baseline study of E-government Infrastructure sets the stage…
The latest telecommunications statistical indicators released by the Nigerian Communications Commission (NCC) yesterday have shown a drop in broadband penetration and teledencity but a steady rise in active voice and internet subscriptions. The indicators contained in a statement signed by Reuben Mouka, Director of Public Affairs at the telecom regulatory body show that Broadband penetration witnessed a drop from 45.47% to 40.85%, while the nation’s teledensity dropped from 115.63% to 102.30% in September 2023. Also, the nation’s teledensity dropped from 115.63% to 102.30% in September, while the active voice subscription statistics witnessed a marginal growth from 220,361,186 to 221,769,883 in…
As we step into 2024, countless individuals worldwide have set new resolutions for the year. Yet, a startling statistic reveals that by February, about 80% of these resolutions fall by the wayside. Among the myriad reasons, one often overlooked yet crucial factor is hydration. Adequate hydration is not just about quenching thirst; it’s a cornerstone of health. Studies show that staying well-hydrated aids in weight loss by enhancing satiety, boosts metabolism, and helps in reducing water retention. More than just aiding in weight management, proper hydration is essential for maintaining energy levels, improving physical performance, and sharpening cognitive functions. Take…
By Kehinde Ogundare There is absolutely no doubt that collaboration is crucial to business success in today’s world. That applies to work done within organisations. However, effective collaboration between different organisations can be incredibly beneficial, too. Some of the biggest brands in the world have seen significant marketing and revenue boosts through innovative collaborations with other brands. One thing that’s common across successful collaborations is a detailed, watertight contract. Such contracts not only ensure both parties understand and stick to their particular roles but also play an important role from a legal and regulatory compliance perspective. Thanks to…
With half of the planet voting in major elections, geopolitical tensions reaching breaking point, and the Olympics taking place in Paris, the potential cyber threats in 2024 are enormous. And these threats can harm your business – via your most important but perhaps most vulnerable resource; your employees. There are countless examples of AI-enhanced misinformation campaigns, fake news, phishing emails, and more, infiltrating businesses via personal emails, social accounts, or devices. Inspired by IBM’s cybersecurity predictions for 2024 report, we look at the various ways cyber threats can infiltrate your business and cause huge financial loss so that you can…
Data presented by Altlndex has shown that generative Artificial Intelligence is expected to hit a massive milestone and become a $100 billion industry by 2026. This is like a 360” turnaround from a decade ago perception when it was hard to imagine companies and consumers worldwide using generative artificial intelligence daily to automate tasks, write documents, do market research or even basic coding. Today, the rise of large language models and generative AI has only started, even as the release of OpenAI’s ChatGPT marked a turning point for the global AI industry. The chatbot, which became the fastest-growing app in…
The Lagos Motor Show (LMS), in conjunction with Classic Cars Collector of Nigeria, ‘Work and Play’, a leading Motor Sport and recreation company, will be exhibiting cars and a display of motorsports such as Vintage, Classic, Exotic Cars and Motor Sports at the Tafawa Balewa Square, Onikan Lagos from February 15-17, 2024. The Lagos Motor Show is a total exhibition of all kinds of cars. Part of the goals of the Lagos Motor Show is to provide sponsors, individuals and corporate bodies with a simple but effective means through which to display their products and services to the public. This…
