Author: ITPulse

  By Wale Oguntokun The much awaited 18th Edition of CFA’s Startups Hangout took place on Wednesday, February 27, 2019, at the premises of Godo hub, 53, Oladipo Bateye Street, GRA, Ikeja, with Mazi Sam Ohuabunwa, OFR, Managing Partner of StartTeam Consult and current President of the Pharmaceutical Society of Nigeria, PSN, sharing a lot of insights into how to scale a business from Startup with the attendee Startups that trooped in to grace the occasion. The other speaker, Aramide Abe, was stuck in the ubiquitous Lagos traffic on her way to the event and was not able to be…

….Showcase Sophos’ future-centric IT security solutions Information technology security experts have highlighted the growing and persistent threat of malware, especially on mobile, stating categorically that Malware is not slowing down. This implies that cybercrime is big business and hackers are continually looking for new attack vectors as SophosLabs team see 400,000 new malicious samples every day. The speakers at one-day Sophos/Sidmach Lunch & Learn event held at Radisson Blu Lagos on Thursday said that the traitors are not resting on their oars to unleash damages to companies’ networks. Leading the discussions, the Country Manager, Sophos Nigeria, Mr. Jimi Falaiye, said…

  Every year, organizations are keen to know the technology trends that will define their business outcome and growth. In the last edition, we shared some of the technology innovations to expect in 2019. To soar and thrive with technology in 2019, here are some of the things to expect and my recommendations. What to expect Artificial intelligence will open up a new frontier for digital business. This is because virtually every application, service and Internet of Things (IoT) object will incorporate an intelligent aspect to automate or augment application processes and customer experience. The way we perceive and interact…

  BlackBerry Ltd on Wednesday filed a patent infringement lawsuit accusing Twitter Inc of illegally using technology in its mobile messaging applications that had been developed by the former smartphone maker. The lawsuit said Twitter wrongly sought to compensate for being a “relative latecomer” to mobile messaging by co-opting Blackberry’s inventions for such services as the main Twitter application and Twitter Ads, infringing six of the company’s patents. Twitter “succeeded in diverting consumers away from BlackBerry’s products and services” and toward its own by misappropriating features that made BlackBerry “a critical and commercial success in the first place,” the complaint…

  About twenty speakers have been confirmed for this year’s IoT Africa Forum set to take place on the 26 – 27th of March at the Gallagher Convention Centre, Johannesburg, South Africa. Notable among the speakers is Johanna Juselius, a Senior Advisor of European Union Affairs in the Helsinki-Uusimaa Region, who will deliver a keynote address titled “The Case of Helsinki Region: Creating a Smart Community”.. Johanna is in charge of managing the Smart Specialisation Strategy of the Helsinki-Uusimaa region in Finland, which is the innovation and research strategy of smart initiatives for the region. The region includes the capital…

By Wale Oguntokun With the advent of innovative technology, there has been a massive disruption in the financial services sector. Commercial banks no longer enjoy the monopoly of online payment services, as an emergence of FinTechs has encroached into what, hitherto, had been the exclusive preserve of commercial banks within the financial ecosystem. Gone are the days, when one would have to rely solely on banks to sort their financial transactions. FinTechs, through the application of modern technology, has enabled a password-protected method that verifies and allows the transfer of funds over an electronic funds transfer, (EFT). The system is…

Some key sectors have been identified to benefit the most from 5G Network, which has been forecast to contribute $2.2 trillion to the global economy over the next 15 years. These sectors, according to GSMA Mobile Economy report are manufacturing, utilities, and professional and financial services. According to the report, mobile technologies and services generated 4.6 per cent of GDP globally last year, a contribution that amounted to $3.9 trillion of economic value added. This contribution is forecast to grow to $4.8 trillion (4.8 per cent of GDP) by 2023 as countries around the globe increasingly benefit from the improvements…

  Africa’s three most populated countries of Egypt, Ethiopia and Nigeria are expected to spark a wave of adoption, which could lead to adding more than 110 million new mobile money accounts  over the next five years. GSMA, a global umbrella body that represents the interests of mobile operators worldwide, uniting more than 750 operators and nearly 400 companies in the broader mobile ecosystem, stated this while unveiling its eighth annual ‘State of the Industry Report on Mobile Money’. It said these additions can be attributed to several reforms by the three countries, which remains the fastest-growing mobile markets in…

Yesterday, Nigeria’s submarine cable owner, MainOne announced a partnership deal with Facebook that will the two companies putting up a metro fiber infrastructure project in two states of Nigeria’s Ogun and Edo. What this means is that, the project, which is part of Facebook’s effort to connect more people to broadband internet in Nigeria will provide connectivity to more than 1,000,000 people in Benin City, Abeokuta, Sagamu and 10 other towns by connecting mobile operators’ base stations, Internet Service providers, Points of presence (POPs), and public locations including schools and hospitals. In a statement, the partnership will leverage MainOne’s strength…

  A Mobile Economy report by the GSMA has revealed that the global mobile industry will experience 15 percent growth of the 5G network by 2025, attributing the growth to a number of 5G network launches with compatible devices. The report, which was published at the 2019 Mobile World Congress in Barcelona, also reveals that a further 16 major markets worldwide will switch on commercial 5G networks this year, following on from the first 5G launches in South Korea and the US in 2018. “The arrival of 5G forms a major part of the world’s move towards an era of…