Author: ITPulse

Technology enabled startups looking for funding to scale their business have reasons to smile as a Founder First Incubator, Troidini is offering funding opportunities  for them in the region of $20, 000 and above. In a statement in Lagos, Durojaiye Philips, the Managing Partner at Troidini Ventures, noted that the essence of the funding opportunity for startups is to address a fundamental and universal challenge with local context. “We believe that with more Funds and Resources available to the best Founders and Innovators, we can begin to solve fundamental and Universal challenges with local context,” the Philips noted. Philips added…

Honeywell Group’s Itanna is presently calling applicants from the tech enabled startups ecosystem to register for its 2019 Accelerator Programme, disclosing that it has earmarked $30, 000 in each tech startups. This follows its launch in 2018 with four cohort companies that were chosen after a selection process that commenced with over 200 applications. This year, Itanna is also looking forward to receiving hundreds of applications from tech-enabled start-ups across Africa. The 2018 cohort companies were (Accounteer, KoloPay, Tradebuza and PowerCube) with 3 companies (Accounteer, Tradebuza and PowerCube), who received $25,000 in investment from Itanna. All companies also received training…

Olokunde Olanrewaju, Marketing and Communication Team Lead at Simplex Business Solutions speaks about the evolution of cloud technology and how business and IT leaders should leverage it to scale exponentially. The first decade of cloud computing was apparently disruptive, fundamentally changing the expectations and capabilities of what IT could provide. It was interesting to see how adopting a cloud – first business strategy was the trending thing in the year 2014 even up till 2017. Cloud computing together with mobile technology literally redefined business models, redefining what was possible and obtainable with technology and bringing to the forefront benefits like…

Huawei Nigeria has said it will host a business-connect for entrepreneurs in Lagos tomorrow as part of efforts to improve business growth in Nigeria A statement signed by the Managing Director, Huawei Nigeria Enterprise Group, Mr. Tank Li, the Huawei Nigeria Eco-Connect 2019 will enable business owners to learn how to grow their businesses using the Information and Communications Technology. According to the statement reads, accelerating digitalisation is deepening the convergence of physical and digital worlds. New ICT represents not only new technologies and platforms, but also a new ecosystem, making it a cornerstone of industrial digitalisation. “In line with our…

The Nigerian Communications Commission (NCC) has said the Nigerian Security Printing and Minting (NSPM) Plc is better placed to do a far better production of printed items and associated tasks for the NCC than any other entity that operates in the printing sector. Executive Vice Chairman of Nigerian Communications Commission, Professor Umar Danbatta, stated this yesterday when he received a delegation of top management of the Nigerian Security Printing and Minting at the Commission’s headquarter in Abuja. While expressing readiness to work towards the actualization of the proposed partnership with NSPM, Danbatta noted that the NCC will have no reservation…

Africa’s most populous country, Nigeria has been rated as the third largest market in terms of potential feature phone volumes, which has continued to grow over the last three years. Latest research from Counterpoint Research has shown. Nigeria is one of the countries, where many citizens live on an income of less than US$2. 50 per day. This segment can neither afford a smartphone nor the data services demanded by the growing advancement in smartphone use-cases. Thus, a feature phone, coupled with basic mobile services has been the go-to offering for these users to communicate and connect. The research also…

Global smartphone shipments declined 4percent annually in CY 2018. Emerging markets growth could not offset the decline in developed markets.Chinese Players HOVX (Huawei, OPPO, vivo, Xiaomi) continue to defy market decline ending the year with positive growth.Top 10 OEMs contribute almost 77percent of the global smartphone market, thereby leaving 600+ brands competing for the remaining 22percent of the market.Samsung led the smartphone market by volume, while Nokia HMD, Huawei and Tecno were among the fastest growing brands during the quarter.Apple iPhone shipments declined 4percent during the CY18 but overall 2018 revenues for iPhone grew 6percent.

The global refurbished smartphone market is presently dominated by Apple and Samsung with 70 percent, Counterpoint’s Refurbished Smartphone Tracker has revealed. The finding attributes this domination to the fact that many within the refurbished ecosystem cater only to Apple and Samsung’s customers because their residual value is so much greater than the remaining field. Huawei is growing in popularity, especially in South East Asia in terms of refurbished smartphone. Other key findings indicate that new business models and more marketplace, companies are entering the ecosystem. There will be numerous more online and offline business models, which will make it easier…

Findings from Counterpoint indicate that there was a one percent year-over-year slowdown of the global refurbished smartphone market in 2018, reaching close to 140 million units. The finding from Counterpoint’s Refurbished Smartphone Tracker, noted that the secondary industry slowed due to the 11% drop in new smartphone sales in key supply countries such as China and the United States. It also attributed it to the drop in new device sales, which led to a decline in devices flowing into the secondary market. The finding, however, noted that this drop was partially offset by improvements in the secondary market’s ecosystem of…

The GSMA appears to have rejected the European Union 5G action plan on connected cars, saying the choice of the Commission will jeopardize its digital competitiveness. According to GSMA, EU’s position will make it stick with an outdated Wi-Fi (802.11p) technology for connected vehicles, ostensibly ignoring technological innovation and choice. “The GSMA urges EU Member States and the European Parliament to reject the proposed rules that favour wi-fi technology to connect cars across Europe, and instead maintain flexibility to encourage the deployment of more advanced technologies, like Cellular-V2X (C-V2X) connectivity,” it said in an email message. The EU’s 5G Action…