In a bid to boost Agricultural produce and increase famers’ yield, through innovation, driven by digital intelligence, Standard Bank has partnered Rhiza Africa. The bank’s satellite hosted-remote sensing innovation is delivered in partnership with service provider RHIZA Africa and backed by Origin Enterprises PLC and the European Space Agency. About 60 per cent of the world uncultivated arable land presents is situated in Africa, which presents a major opportunity to meet the 70 per cent increase in global food demand expected by 2050. Africa also has potentials to grow through dramatically increasing its agricultural yields. However, Africa’s current dependence on…
Author: ITPulse
Lynnette Luna, Principal Technology Analyst at GlobalData, a leading data and analytics company, has this to say following Google’s introduction of new hardware that is characterized by Artificial Intelligence. “Within all of Google’s hardware announcements was a primary theme: Google Assistant makes devices better. This exploits a weakness with Apple’s Siri, which has never been very smart, and helps push Google’s goal of leading a technology community that is shifting from a mobile-first strategy to one characterized by Artificial Intelligence (AI) interactions regardless of the device. “The new Google Assistant offers breakthroughs in speech processing, which means that more requests…
A new report by GlobalData, data and analytics company has predicted that the global spending on virtual reality (VR) is expected to reach $28bn by 2030 from $7bn in 2018. In the report titled ‘Virtual Reality – Thematic Research’, GlobalData noted that the VR market will grow at a compound annual growth rate of 13 percent over the forecast period, from 2018 to 2030. This growth, according to the company will be driven by developments such as custom chips, untethered headsets, robust business models, new content and notably, enterprise applications. “Virtual Reality has been around, in one form or another,…
The Nigerian government at all levels has been advised to appreciate the efficacy of Artificial Intelligence technology, which is helping some governments in the areas of roads and bridge construction. An AI specialist, Mr. Saar Dickman, who gave the advice, believes that with Artificial Intelligence, bridge, tunnel owners and operators can obtain a visual diagnosis of the assets they manage. He cited New York and Tel Aviv based startup Dynamic Infrastructure, which is implementing the world’s first deep-learning solution, which provides live, cloud-based, 3D views of the bridge or tunnel and automatically alerts when changes are detected in maintenance and…
Available records from the Nigerian Inter-Bank Settlement Scheme (NIBSS), an umbrella body of all licensed banks, including the Central Bank of Nigeria (CBN), show that the value of online transaction in Nigeria in the first six months of 2019 is N49.35 trillion. This figure is an indication that online transaction in Nigeria and the Central Bank of Nigeria’s financial inclusion initiative is gaining traction, compared to the first half of 2018, when the total online transaction was valued at NGN 36.49 Trillion. Meanwhile, as the online financial transaction is soaring, cheque transaction is dwindling. According to WeeTracker that analyse this…
In a bid to addressing critical industry issues affecting telecommunications operations in the country, the Nigerian Communications Commission (NCC) and the Association of Licensed Telecom Operators of Nigeria (ALTON), yesterday met the Honourable Minister of Communications, Dr. Isa Pantami. The meeting was orchestrated by the Executive Vice Chairman of NCC, Prof. Umar Danbatta, and in attendance is the ALTON President, Gbenga Adebayo and others. The issues tabled before the Minister include the problem of denial or exorbitant cost of Right of Way (RoW) by state governments, vandalism of telecoms infrastructure, poor or lack of access to public electricity to run…
Industry players and key stakeholders have continued to throw weight behind the maiden edition of Mobile & Disruptive Technology Forum (MoDiTECH 2019) holding on October 24, 2019 in Lagos State, Nigeria. Organizers of this strategic event have announced Global Accelerex Ltd as Platinum sponsors. Global Accelerex is the foremost financial technology company in Nigeria that provides electronic payment and business management solutions to different categories of merchants across Africa. Other sponsors include Digital Encode, a multi-award winning and leading consulting and integration firm that specializes in the design, management, and security of business-critical networks; Medallion Communications that is…
At the Nigeria Tech Innovation and Telecom Awards 2019 organized by the Association of Telecom Companies of Nigeria (ATCON), Broadbased Communications Ltd won the Wholesale Telecom Provider of the Year and the Metropolitan Fiber Infrastructure Company of the Year. Also, the MD/CEO, Prince Henry Iseghohi, won an Award for Outstanding Contribution to the Telecom industry. Broadbased Communications operates an open access Metropolitan Fiber Optic Network covering all the major business districts in Lagos. Consequently the company provides Fiber Optic Network connectivity for Mobile Network Operators, 4G Network Operators, all the Submarine Cable Landing Stations, all Major Internet Service Providers, all…
MDXi, a Data centre subsidiary company of MainOne, last week won two awards at the 2019 edition of Datacloud Africa Leadership Summit and Awards held on September 26 at the Movenpick Hotel, Accra, Ghana. The Data centre company carts home the “Excellence in Data Centre: Africa” as well as “Africa Cloud Service Provider of the Year”. According to the organizer, the awardees were selected by an independent panel of global data centre experts, who are recognized as world class data centre and connectivity providers and innovators. It added that the highly competitive ‘Excellence in Data Center’ award, honours companies known for excellence…
Software giant, Microsoft has announced a reentry into the world’s smartphone market with a foldable device it tagged Surface Duo, which is set for launch late next year. The Surface Duo, according to reports will finally be Microsoft’s winning Smartphone model, having failed to impress the already porous smartphone market with some of its earlier entries. In fact, it famously missed the smartphone revolution to Apple and Google. The foldable device features two separate 5.6 inch screen on either side of a hinge that allows Microsoft to sidestep the difficulties of making an actual folding screen that bends in the…
