E-Business
HID Global Predicts Top Trends for 2017 in ID Technology Industry
HID Global®, a worldwide leader in trusted identity solutions, forecasts a shift in the use of identity technology that will lead to increased adoption of mobile devices and the latest smart card technology, a greater emphasis and reliance on the cloud, and a radical new way of thinking of trust in smart environments and Internet of Things (IoT).
Ultimately, HID Global predicts the 2017 trends will transform the way trusted identities are used with smart cards, mobile devices, wearables, embedded chips and other “smart” objects, particularly in industries focused on regulatory compliance, such as government, finance and healthcare markets.
This shift will precipitate the move from legacy systems to NFC, Bluetooth Low Energy and advanced smart card technology to meet the evolving needs of enterprises and governments worldwide.
The forecast for 2017 is also based on a breakthrough in adoption of mobile identity technology in 2016.
Exemplifying industry-wide trending, HID Global experienced tremendous uptick in customer deployments of its broad mobility solutions and has a strong pipeline of future customer installations in the works to make verification of identities optimized for mobile applications.
“HID Global has forecasted top trends based on our broad view of the market in close collaboration with customers and partners who are assessing and deploying innovative solutions across markets worldwide,” said Stefan Widing, President and CEO of HID Global. “We have been at the forefront of major technology shifts over the years and HID Global believes 2017 will mark an important phase in the industry, as organizations seek to use the broadest range of smart devices ever. This will directly impact how customers view and use trusted identities on both mobile devices and smart cards for more activities in more connected environments in the years ahead.”
HID Global Focuses On Four Significant Trends In 2017
HID Global focuses on four significant trends in 2017 that will influence how organizations create, manage and use trusted identities in a broad range of existing and new use cases.
Stronger Adoption Of Mobile Devices And Advanced Smart Cards Underscores The Need For Trusted Identities
Similar to the adoption of consumer trends to IT in past years, 2017 will also see further consumerization of security, with heightened demand from users seeking to open doors, and login to cloud-based resources, as well as have personalized on-demand printing of documents, and to deploy printed credentials remotely or conduct other transactions and daily activities using trusted IDs on their phone, wearable or smart card.
Trusted IDs that integrate security, privacy and convenience will provide a new level of assurance to these applications and transactions, while being uniquely positioned to make secure access more personalized to the individual.
The industry will look towards complete identity relationship management that considers the need to grant access based on the context or circumstances for risk-appropriate authentication across trusted identities assigned to people, devices, data and things in smart offices, buildings and other environments that are becoming more connected every day.
Greater Emphasis On The Cloud Through “Hybrid” Solutions That Combine On-Premises And The Cloud To Create Common Management Platforms For Digital IDs
Organizations are recognizing the interdependencies of technologies and platforms needed for business agility, cost management and providing a better user experience within a mobile workforce, or for digital commerce and relationship management that continues to require more reach, flexibility, security.
In banking, government, healthcare and other regulated markets, multi-factor authentication for physical and IT access control will have more opportunities to merge into integrated systems that will also provide a more convenient experience for users and increase security.
This model will make it easier for administrators to deploy and maintain an integrated system throughout the complete identity lifecycle — from onboarding to offboarding;
It will make it possible to monitor and manage employees’ access rights as their role changes within an organization, ensuring employees only have access to what they need in a current role.
Credential issuance for physical ID cards will also experience a digital transformation, as the use of cloud technologies will enable managed service models for badge printing and encoding.
Emerging IoT Uses Cases To Connect, More People, Places And Things, Increasing The Need To Ensure The Internet Of Trusted Things (IoTT)
Trusted identities will increasingly be employed to help secure, customize and enhance the user experience across a growing range of industry segments that are embracing the power of the IoT.
Organizations will look towards streamlining processes and operations using real-time location systems, presence- and proximity-based location functionality, condition monitoring solutions, beacons and cloud-based models for emerging IoT applications using Bluetooth Low Energy. These applications will include a growing number of energy efficient, productivity and safety-oriented use cases that will need to know the identity of occupants in a physical space to manage environmental conditions, book meeting rooms and auto-configure audio visual equipment and alarms.
Bluetooth Low Energy-based solutions will also advance existing secure proof of presence capabilities to include the predictive analytics and functionality based on location-based technologies.
Embedding Trusted Identities More Deeply In Everyday Activities For Businesses And Consumers
Trusted identities will become an embedded feature of more use cases rather than simply an add-on capability. This trend of “security by design” will lead to many more convenient approaches to using digital identities across a growing variety of activities, services and industries.
Along with popular secure access use cases, new applications will emerge, such as employee mustering capabilities to address emergencies as well as the need to more accurately determine who is in a building in real-time.
New capabilities for managing and using trusted IDs will be driven by the increase of temporary offices, mobile knowledge workers and the evolution of the workplace, where adapting to the preferences of today’s talent pool is driving the need for more open, flexible workspaces. Consumers also will begin seeing trusted identities used in many everyday scenarios, such as guaranteeing authorized use of corporate and heavy machinery fleets, as well as creating new ways to safeguard students and validate drivers.
These trends will drive new user experiences that are tailored to vertical market requirements. Following are three particularly compelling examples:
Banking: A digital identity transformation will drive consistency across multiple service channels to improve the user experience, from faster instant issuance that is revolutionizing the way customers receive new or replacement debit and credit cards, to “out-of-band” mobile push capabilities that increase trust and reduce fraud for consumers, and deliver a much easier path to compliance for financial institutions.
Digital IDs will also push the industry to increase trust levels by better associating a user’s true identity (biometrics) with their digital identities.
Government: Trusted identities will change the way citizens interact with government agencies and systems. Passports, national IDs, driver licenses and other credentials will co-exist with new disruptive technologies to change the way IDs are issued by government agencies and used by citizens.
Citizen IDs are poised to move to mobile phones this year, where state and national governments will begin offering mobile driver’s licenses and other mobile identity IDs as an option alongside the physical document.
Meanwhile, the combination of mobile with innovative physical and logical features will provide more options for government agencies to stay ahead of the counterfeiters by advancing the security, personalization, management and issuance of physical documents.
Healthcare: In the increasingly connected healthcare environment, institutions will seek to implement better systems to improve the patient experience and enhance efficiencies, while safeguarding and managing access to equipment, facilities, patient data and electronic prescriptions of controlled substances (EPCS) across the healthcare continuum. From hospital to home, healthcare organizations will seek to employ a combination of strong authentication, and new IoT applications to address these challenges.
HID Global anticipates the shift in the use of identity technology will drive industry trends in 2017, along with new solutions and capabilities that enhance the user experience for years to come.
HID Global is the trusted source for innovative products, services, solutions, and know-how related to the creation, management, and use of secure identities for millions of end-users around the world.
The company’s served markets include physical and logical access control, including strong authentication and credential management; card printing and personalization; visitor management systems; highly secure government and citizen ID; and identification RFID technologies used in animal ID and industry and logistics applications.
The company’s primary brands include ActivID®, EasyLobby®, FARGO®, IdenTrust®, LaserCard®, Lumidigm®, Quantum Secure, and HID®. Headquartered in Austin, Texas, HID Global has over 2,700 employees worldwide and operates international offices that support more than 100 countries.
By Reuben Kalu.
In the vast expanse of the digital realm, Google looms large, an omnipresent force shaping the way we navigate, search, and conduct business online.
From its humble beginnings as a search engine to its current status as a multifaceted tech behemoth, Google has entrenched itself deeply into the fabric of the internet.
Its influence is undeniable, its reach unparalleled, and its ubiquity seemingly inescapable. But can you truly run an online business without Google?
The answer, in today’s digital landscape, is a resounding no. You have no choice.
Google’s dominance extends across multiple facets of the online world, making it virtually impossible for businesses to thrive without engaging with its ecosystem.
From search engine optimization (SEO) to online advertising, email services to analytics, Google’s suite of products and services permeates every aspect of the online business landscape.
Attempting to operate without Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.
At the heart of Google’s influence lies its search engine, the gateway through which billions of internet users navigate the vast expanse of online content. .
Google’s search algorithms wield immense power, determining which websites rank prominently in search results and which languish in obscurity.
For businesses seeking to attract organic traffic and expand their online presence, optimizing for Google’s search algorithms is not merely advisable—it’s imperative.
But Google’s influence extends far beyond search. Consider Google Ads, the company’s advertising platform that enables businesses to reach targeted audiences through paid search, display, and video advertising.
With billions of searches conducted on Google each day, Google Ads provides unparalleled reach and visibility, allowing businesses to target potential customers with pinpoint accuracy.
Attempting to compete in the online advertising arena without leveraging Google Ads is akin to entering a battle unarmed—a futile endeavor destined for failure.
Moreover, Google’s suite of productivity tools, including Gmail, Google Drive, and Google Workspace, has become indispensable for businesses seeking to streamline their operations and enhance collaboration.
With seamless integration across devices and platforms, Google’s productivity tools offer unparalleled convenience and efficiency, empowering businesses to work smarter, not harder.
Attempting to eschew Google’s productivity suite in favor of alternative solutions is not only impractical but also unwise, depriving businesses of the tools they need to succeed in today’s fast-paced digital landscape.
Furthermore, Google Analytics stands as the gold standard for web analytics, providing businesses with invaluable insights into their online performance and audience behavior.
From tracking website traffic and user engagement to analyzing conversion metrics and customer demographics, Google Analytics offers a comprehensive toolkit for optimizing online marketing strategies and driving business growth.
Attempting to gauge online performance without leveraging Google Analytics is akin to flying blind, devoid of the critical data needed to make informed decisions and drive meaningful results.
But perhaps the most formidable aspect of Google’s influence lies in its role as a gatekeeper of information and access.
With billions of users relying on Google’s platforms and services each day, the company wields immense control over the flow of online traffic and the dissemination of information.
For businesses seeking to connect with customers and expand their reach, Google’s dominance presents both a tremendous opportunity and a formidable challenge.
Attempting to circumvent Google’s influence and establish an online presence independent of its ecosystem is a Herculean task, fraught with uncertainty and risk.
In essence, attempting to run an online business without engaging with Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.
While alternative platforms and solutions exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.
To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage. You have no choice.
In conclusion, Google’s pervasive influence permeates every aspect of the online business landscape, making it virtually impossible to escape its grasp.
From search engine optimization to online advertising, productivity tools to web analytics, Google’s ecosystem encompasses a vast array of products and services that have become indispensable for businesses seeking to succeed in the digital age.
While alternative solutions may exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.
To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage.
You have no choice.
E-Business
Hydrogen Hosts Catalyst Workshop, Highlights Resilient Business Models for Fintech Startups
As part of its mission to empower African businesses with tools needed to thrive, garner admiration, and foster global acclaim, leading payment solution company, Hydrogen Payment Services Company Limited (Hydrogen), recently partnered with the Co Creation Hub (CcHub), to host the latest edition of the Catalyst workshop in Lagos.
The discourse addressed the potential risks and opportunities for startups and saw experts advise participants on the need to develop resilient business models that would scale across different economic climes.
Moderated by Miracle Ezechi, Digital Marketing Manager, Hydrogen, the panel session addressed dominant issues about the theme: ‘Adapting Fintech Business Models to Economic Climes: Flexibility, Agility and Customer-centricity’.
Mr. Emeka Awagu, Chief Technology Officer, Hydrogen, who spoke as a panellist, addressed the issue of customer-centricity, which according to him, is key to Fintech growth.
He advised startups to listen to customer demands and understand their needs in order to develop the right solutions that will lead to long term market viability.
“Innovation is key for startup growth. However, understanding customers’ needs and change in behaviour will help any startup to innovate better.
“Startups must be flexible and agile to develop solutions with high interoperability and processing speed, and they must be ready to learn from startups that have failed,” Awagu said.
With an estimated 61.07 percent of startups failing, the participants stressed the need for prudence.
“Statistically, a staggering number of startups fail, often due to financial mismanagement. Hence, founders must prioritise understanding and maintaining a healthy the Cost-to-Earnings ratio.
“It is not just a number, but a pivotal indicator of a company’s financial health as well as being a key attractiveness determinant for investors,” Awagu added.
On his part, Ina Alogwu, the Group Director, Digital Transformation, ARM HOLDCO, who also spoke as a panellist at the session, stressed the need for startups to develop sustainable products and solutions that will help them remain competitive in an environment that is faced with harsh economic realities.
“Many startup businesses fail within their first five years, however upcoming startups should not be discouraged, rather develop a culture that will encourage them to understand the reasons for failure and learn from mistakes.
“Startups should not be too rigid with their solutions and should be ready to accept changes that will drive innovation,” Alogwu stated.
Hydrogen will be deepening its economic impact series with a webinar planned for Thursday, April 25, even as businesses across Africa continue to face an array of challenges, ranging from inflation and currency fluctuations to rising operating costs.
Themed ‘Navigating Economic Challenges: Strategies for Sustainable Growth,’ the webinar will delve into key areas critical for businesses to not only survive but thrive in the face of economic adversity. Register using this link – https://bit.ly/Hydrogenwebinar.
Esteemed panellists for this event include Taofik Odukoya, CEO, Vanguard Pharmacy, and Okechukwu Odimgbe, Chief Financial Officer, Hydrogen. The session will be moderated by Nnenna Sam-Obioha, Ecosystem Orchestrator, Hydrogen.
Dexude, a leading edtech platform with operations in Nigeria, has announced that it has been awarded the prestigious Business Finland TEMPO funding.
Charles Emembolu, founder of Dexude,
This significant funding injection marks a pivotal moment in Dexude’s journey towards transforming education through its AI-powered, live-first, expert-led, and community-driven platform.
The Business Finland TEMPO funding is specifically designed to support startups and SMEs aiming for international growth by building their expertise and solutions into international success stories in innovative ways.
Dexude’s commitment to innovation, coupled with its vision to enable a billion learners worldwide, aligns perfectly with the objectives of the TEMPO funding.
Commenting on this milestone achievement, Charles Emembolu, founder of Dexude, remarked, “We are incredibly honored and excited to receive the Business Finland TEMPO funding. This funding is not only a validation of Dexude’s mission to reinvent education but also a testament to the hard work and dedication of our team. With this support, we are poised to accelerate our efforts in democratizing access to quality education and empowering learners across Nigeria and beyond.”
L-r; Kelvin Chikezie, co-founder of Dexude; Kashifu Inuwa Abdullahi, Director-General/CEO of the National Information Technology Development Agency (NITDA); and Charles Emembolu, founder of Dexude
Kelvin Chikezie, co-founder of Dexude, added, “Securing the Business Finland TEMPO funding is a significant milestone for Dexude. It underscores our commitment to leveraging technology and innovation to revolutionize the way people learn and grow. We are grateful to Business Finland for believing in our vision, and we are excited to embark on this next chapter of Dexude’s journey.”
Dexude is on a mission to redefine education by providing learners with access to influential experts and thought leaders, live interactions, and a vibrant community-driven learning experience.
Through its platform, Dexude aims to break down barriers to learning and empower individuals to pursue their passions and unlock their full potential.
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