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Social Media a Threat to Telecoms without Innovation – Akano

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Tim Akano, founder/ CEO New Horizons Nigeria, in this interview identifies technologies that will shape 2019.

What do you see on the horizons for individuals and businesses, technologically speaking, in 2019?

As you rightly pointed out- the first world Artificial Intelligence news broadcaster was unveiled by the Chinese Xinhua News Agency on November 9 2018: the Ai read news on television and millions of people around the world did not know immediately it was not a human being.

You also will recall the Japanese Pop Star Eiguchi Aimi who took Japan by surprise and for 17 days nobody knew in Japan that Ms. Aimi was not a human being singer but Ai.

You will also recall that in April 2017, a Chinese Ai Engineer, Zhang Jiajia built and married a Robot Spouse for himself named YINGYING in a weeding that was well attended by his parents and friends and conducted in accordance with the Chinese marital Culture and custom.

Also, in October 2017, Saudi Arabia made a first- they named SOPHIA, a robot, as Saudi citizen with human rights.

What does it all add up to? Where are we? And where are we going, technologically speaking?

In my lecture in December 2018 at CMD on Artificial Intelligence and the future of learning- I submitted that Homo Sapiens is in transition, and on a one-way  evolution ticket to becoming something else: Homo Deus.

We have bought the ticket, unfortunately- it’s one way- , with zero chances of returning to who we are.

But I would like us to look at the Digital Crystal Ball this year differently from what we used to do in the years past.

I believe it will be more beneficial for everyone- journalist, Entrepreneur, Job seekers, parents and governments if we break it down into Sectors.

Let’s look into 10 areas: Unemployment, FinTech, Telecom, Education, Agriculture, Media, Manufacturing, Homeland Security, Trade, and governance

What do you see as the intersection between Technology and the future of Job? Are we all going to become jobless at the rate at which Robot and Ai are replacing workers?

Yes and No. A friend of mine put it poetically in an article recently in the newspaper ‘’how technology stole our breakfast and is about to eat our lunch’’.

But I disagree with his conclusion.

Technology did not steal anybody’s breakfast rather technology changed our breakfast menu and gave us a new breakfast menu and technology has equally announced that a new lunch and dinner menu list is on the horizons.

It is by putting issues in the right perspective that we can take full benefits of what is and what is to come.

My answer in this sector is relevant to anyone ages 10 to 69 and business organisations as well.

Below are the NEW MENU LIST OF SKILLS that technology wants that can make anyone or organisation to be relevant in the new TECH KINGDOM that we are entering.

The latest LinkedIn research on Skill and employment shows that there are 50,000 professional skills in the world today. But most of these skills will be obsolete in a matter of three to five years. Most of the traditional skills will decline in value. Banking/Finance, Architecture, Accountant, etc will decline because e of technology.

But below are the TEN HOTTEST SKILLS that will grow in demand in 2019 and beyond:

1 Creativity, Innovation and Analytical Reasoning (2) Persuasion, Collaboration, and Adaptability(3) Cloud Computing (4) Artificial Intelligence, Internet of Things and Cyber Security (5) People and Time Management (6) Mobile Application Development (7) Sales Leadership, Customer Service, Digital and Social Media Marketing (8) Animation, Video, Audio, and Game development ( 9) Business Analytics and  Competitive Strategies (10) Data Science & Big Data.

The demand of these ten skill-sets by the industry will grow geometrically because we have shortages and businesses are developing along these lines exponentially. If you have children or cousin or brothers or sisters and you don’t want them to be hungry in the new TECH KINGDOM- these are the skills that will be in the greatest demand. Dr Robot will be a better Surgeon than human Doctors in few years’ time. Ai will be a better Pilot than human Pilot, Ai will replace drivers and cars will be electric without engine. Ai will do some Accounting, Architectural, Journalism, Military, Teaching and Engineering jobs.

Everything we are doing will converge on MOBILITY- our phone will become part of us in a new form. It will be engrained in our flesh- this will drive the demands for experts in Mobility and internet of Things.  Then when Robot produces in the factory- Peter James and John have to sell to Steve and, Florence. A Buhari or an Atiku will always need the services of Digital Marketing Professionals to sell their candidacy to the electorates: so selling skill, Customer service, Digital and Social medial skills will be in hot demand.

What does Digital Crystal Ball says about FINTECH in 2019?

Obviously, Banking and Financial Industry are the biggest consumers of technology. Therefore, using past years as a guide, FINTECH will continue to dictate the speed of innovation in technology.

Below are the TOP 10 VARIABLES for the financial industry in 2019 and beyond.

They are: (1)   Digital only Bank will grow faster than the legacy brick and wall, High street banks (2) There is bound to be bigger cash injection by banks into Digital transformation in order to reduce overhead cost ultimately.

(3) Massive deployment of Artificial Intelligence in customer profiling for credit transaction will happen in 2019 in the banking industry.

(4) Due to the stringent and thick regulatory requirement and compliance for the financial sector- more banks will make use of Ai technologies for compliance purposes.

(5) 2019 is the year of surgically implanted Near Field Communication devices (NFC)

(6) Block chain and Crypto currencies diversification will be massive consequent upon the rise and fall of Bitcoin- we have not seen the end of crypto.

(7) Quantum Computing will become mainstream because of Big Data and Internet of Things (8)  GDPR and Digital Marketing for banks will drive the OPT-IN data mining sales model as a way to reach customers

(9)  Decentralised App for payment- online payment using decentralised apps will grow because of their relative security vis-à-vis the legacy payment model

(10) Cyber Security- when Marriorit Hotel lost 500 million vital data to cyber thieves towards the end of 2018- that was a passing shot to all the financial institutions that cyber security will become their Centre of gravity in 2019 and beyond.

What has the Digital Oracle got to say on Telecommunications industry in 2019 and beyond?

2019 is the 5G YEAR! – The massive deployment in advanced countries of extra supper fast internet is this year. Towards the end of 2018 a few Smart nations tested the 5G technology and the outcome was awesome.

Finland was the first country in the world to make 5G mobile internet available to individuals and businesses. US AT &T delivered a super-fast internet as a test run for about 5000 visitors using its own hardware and the result was great.

In South Korea, Ericsson, Intel and Korean Telecom connected a moving car to live 5G network as it drove through Soul and the experience of the customers was out of this world. MTN, VODAFONE are two other major players in the 5G race.

But there is one major ‘’BUT’’, Since 5G technology makes use of virtualisation and Internet of Things it , therefore, opens itself up to a wider range of attacks surface. Cyber security will become a major cost- centre for Telco companies in 2019 and beyond.

And both the breakfast and lunch of Telecoms will continue to end up in the stomach of Skype, Whastapp and those social medial stuff that offer communication at the price of Tom Tom sweet to users! My message to Telecom in 2019 is: INNOVATE FAST OR SUDDEN DEATH.

My TOP TEN GAME-CHANGING VARIABLES for Telecoms in 2019 are (1) 5G, (2) Cyber Security: 43% of Telecoms was attacked in 2018 and it took an average of three months to detect

(3) IoT explosion- we are going to witness connection of devices running into billions or even trillions which will require gargantuan data consumption. This is the age of THINGSFICATION

(4) Saturation for Voice business, once Africa gets to seventy per cent penetration then the Telecoms will need to search for growth elsewhere may be a s a CONTENT PROVIDERS (5) OTT and Value added Services- Over- The- Top services fuelled by video streaming and high demand for non-linear media consumption will grow exponentially in 2019.

(6) Cross industry Alliance between Telecoms and Broadcasting companies: Telecoms would begin to acquire companies that are producing entertaining content, for example, popular TV shows, and live sports games among others as a new growth path.

(7) Commoditization of AUGEMENTED REALITY AND VIRTUAL REALITY- Telecoms with a view to differentiating their products and services will begin to use AR,VR on smartphones to empower digital visualizations on real images and enhances customer experience.

(8) Regulations for Telecoms: GDPR, eprivacy regulations among others will drain some cash from the pocket of Telecoms in 2019.

(9) Machine Leaning and Artificial Intelligence: will help in automating and bettering many back-office operations and sundry customer experiences, this will include customer predictive maintenance services.

(10) Save and affordable In-Flight Connectivity System (IFCS) as a game-changer in 2019.

What has Digital Oracle revealed to you concerning 2019 in your Industry?

Technology has entered into classrooms and it will revolutionise the way we teach and learn. These are the TOP TEN TECHNOLOGY VARIABLES that will influence education from 2019 and beyond.

(1)Artificial Intelligence in Education will impact speech recognition, problem-solving, and planning. AI will also drives automation of administrative tasks like students’ grading, creation of  smart content in the curriculum, and customisation of the teaching process.

(2) Virtual Reality- Medical students can now watch live simulated surgeries using VR technology,

(3) Gamefication- bringing education video games into classrooms this makes learning more fun and engaging.

(4) Learning Analytics-  this will enhance better monitoring of student behaviour and absorption level by utilizing effectively the existing data.

(5) Open Education- the need to make education cheap and accessible will continue to drive the demand for open education at the Higher Education level

(6) IoT learning will enhance personalisation, drive better engagement and skill acquisition. (7) STEAM- because the society is in transition to a technology kingdom the need for STEAM education will increase in 2019.

(8) Green Courseware- everything is going green from electric cars to green classroom.

(9)  Game Theory – education is no more going to be on the basis of one-cap-fits all. Game theory allows instructors to choose the most appropriate method for student leaning in a giving situation. (10) Brick and Mortal Education will witness slow growth compared with ONLINE/ Anytime/Live education.

Besides, the awareness to downplay paper qualification in favour of skilled-based education will increase.

Where does it put New Horizons Nigeria?

We have discussed and analysed four sectors: Jobs, Fintech, Telecommunication and education. The remaining six sectors are going to witness the impact of Ai, IoT Cyber Security among others in different ways but equal measure.

With regards to New Horizons Nigeria, you will recall that we are the first company in Nigeria to introduce ICT certification- based training into the Nigeria education curriculum 13 years ago. As at today we produce about 50,000 students yearly under our certification program.

Our determination to add value to Nigerians has always been our driving force.

This is why we are the first company in IT training Industry in 2018 to launch a Comprehensive Robotics Education in High Schools which includes curriculum on 3D printing Technology, Artificial Intelligence, Internet of Things, Big Data, Cyber security and Graphics design among others.

Several schools in Abuja and Lagos have signed in for this program. This will help our children to acquire 2019 ICT skills that will make them to be competitive globally.

I can confidently tell you that the schools we partner in Nigeria receive the best of ICT education like their counterparts in Europe and America.

For the rest of us: we definitely cannot beat Technology or slow it down- our best option is to join Technology and provides the skills it wants. This is the only way for prosperity in the new TECH KINGDOM


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ALTON, ATCON Urge FG to Address Telecoms Industry Challenges

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The Association of Licensed Telecom Operators of Nigeria (ALTON) and The Association of Telecommunication Companies of Nigeria (ATCON), representing Mobile Network Operators and telecommunication companies in Nigeria, are calling upon the government to take decisive action in addressing the numerous challenges confronting the telecommunications industry.

In a statement jointly signed by Engr. Gbenga Adebayo, chairman of ALTON and Engr. Tony Izuagbe Emoekpere, ATCON President, the associations underscored the urgent need for collaborative efforts between the public and private sectors to overcome obstacles hindering the sector’s growth and development.

Infrastructure Deficits: ALTON & ATCON members still lack access to essential telecommunication services due to a myriad of challenges, including multiple taxation and regulations and prohibitive Right of Way (RoW) charges, inadequate electric power supply and vandalism of telecommunications infrastructure.

 Protection of Assets and Network Infrastructure: Advocating for legislation that

designates telecommunications infrastructure as Critical National Infrastructure (“CNI”): Both Associations expressed deep concern over the escalating security threats facing telecommunications infrastructure in Nigeria.

Telecommunications infrastructure undisputedly plays a pivotal role in Nigeria’s national security and socioeconomic growth, especially as the country currently contends with multiple security challenges that require urgent and immediate actions in response to these threats.

Attacks on cell towers, fibre optic cables, and other critical assets disrupt telecommunications services and result in significant financial losses for operators.

The associations urge the government to prioritize the security of telecommunications infrastructure and collaborate with law enforcement agencies to enhance protection measures and combat vandalism and sabotage effectively.

Cost-Reflective Tariff of Services: ALTON and ATCON respectfully reiterate that telecommunications infrastructure development requires substantial investments in network expansion, maintenance, and technology upgrades.

Despite the adverse economic headwinds, the telecommunications industry remains the only industry yet to review its general service pricing framework upward in the last (11) years, primarily due to regulatory constraints.

For a fully liberalized and deregulated sector, the current price control mechanism, which is not aligned with economic realities, threatens the industry’s sustainability and can erode investors’ confidence.

ATCON and ALTON call upon the government to facilitate a constructive dialogue with industry stakeholders to address pricing challenges and establish a framework that balances consumers’ affordability with operators’ financial viability.

Regulatory Independence: ALTON & ATCON advocates for the sustenance of a culture of independence in the regulatory landscape to safeguard against undue influence and unwholesome incursion into the Nigerian Communications Commission’s (NCC) or (Commission) domain, which will inspire trust in the telecommunications sector and encourage investment.

Regulatory neutrality and independence are crucial to ensuring a thriving telecommunications sector. Statutory provisions lend credence to this notion, as a lack of an impartial regulator will lead to a failure to maintain public confidence in the objectivity and independence of its decisions.

ALTON and ATCON reaffirms its commitment to working collaboratively with the government to address the challenges facing the telecommunications industry in Nigeria.

By fostering a conducive regulatory environment, prioritizing infrastructure development, enhancing security measures, and facilitating pricing adjustments, the government can unlock the full potential of Nigeria’s telecommunications sector, driving economic growth and societal development.

 


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Qualcomm Shortlists Startups for Qualcomm Make in Africa 2024 and Awards 2023 Wireless Reach Social Impact Fund

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Qualcomm Incorporated today announced the shortlisted startups for Qualcomm Make in Africa 2024, as well as the winner of the 2023 Wireless Reach Social Impact Fund.

The Qualcomm Africa Innovation Platform, now in its second year, aims to work with and support the development of Africa’s emerging technology ecosystem by providing mentorship, education, and training programs with a focus on 5G, Edge-AI/ML, Compute, and IoT. This year, Qualcomm received an overwhelming response, with approximately 250 applications from 30 countries.

Highlights: 

  • Startup cohort announced for 2024 Qualcomm Make in Africa startup incubation program featuring technologies.
  • Announcement of the awardee of the 2023 Wireless Reach Social Impact Fund, supporting startups in scaling their societal and market impact.
  • Development of L2Pro Africa website content nears completion, providing free online training on intellectual property protection.

As the first initiative of its kind in Africa, Qualcomm Make in Africa is an equity-free mentorship program that identifies promising early-stage startups keen on applying advanced connectivity and processing technologies such as 5G, Edge-AI/ML, Compute, and IoT to innovative end-to-end systems solutions, including hardware.

These startups have demonstrated exceptional potential in applying advanced connectivity and processing technologies to innovative end-to-end systems solutions.

The selected startups will receive free mentorship, business coaching, access to engineering consultation for product development, and guidance on protecting intellectual property. The 2024 cohort includes the following startups (listed in alphabetical order):

  • Aurora Health from Kenya provides AI-based cardiovascular health care tools
  • CropScan from Kenya uses solar-powered smart farming IoT devices
  • Cure Bionics from Tunisia makes smart 3D printed prosthetic arms
  • DevisionX from Egypt provides AI-based low-code computer vision tools
  • Kalio from Cameroon is building AI tools for Agricultural IoT
  • Kitovu from Nigeria provides tools and software for smart agricultural warehouse management
  • NextAI Studios from Kenya builds AI-based emotion detection into toys for children’s mental healthcare
  • RIM Nextgen from Kenya, uses smart tools for monitoring propane consumption
  • Sparcx from South Africa uses AI for enhancing radar signal processing
  • Vizmerald from Tunisia, is working on AI-based textile industry inspection

Qualcomm is also proud to announce the awardee of the 2023 Wireless Reach Social Impact Fund. This fund, provided by Qualcomm through its Qualcomm® Wireless Reach™ Initiative, aims to support startups in scaling their societal and market impact.

Ecorich Solutions Limited, a female-founded organization based in Nairobi, Kenya, will be awarded funding to help scale the impact of their smart organic food composter.

Wireless Reach funding will support Ecorich to address the dual challenge of organic waste management and the need for sustainable agricultural practices, with the goal of reducing environmental pollution, improving crop yields for farmers, and mitigating waste-related health risks for communities.

The other nine startups from the 2023 cohort will also receive valuable stipends to continue fueling their growth. These startups have showcased innovative uses of wireless technology to address pressing needs in their communities.

In addition, Qualcomm is excited to highlight the progress of the L2Pro Africa IP e-learning Platform, a free online training program designed to empower startups, SMEs, and researchers in Africa to protect, secure, and maximize their innovations. This program has been created in collaboration with Adams and Adams, Africa’s leading intellectual property (IP) law firm.

The education content has been updated with individual filing procedures for patents, industrial designs, and trademarks in the countries of Kenya, Nigeria, Uganda, Ghana, Rwanda and within the two African patent organizations, ARIPO and OAPI.

These step-by-step descriptions of per-country filing requirements empower inventors to interact effectively with IP professionals such as an IP attorney and their respective IP offices.

“I am thrilled with the overwhelming response to the Africa Innovation Platform this year,” said Alex Rogers, President, QTL & Global Affairs, Qualcomm Incorporated.

“The quality and diversity of the applications received reflect the immense talent and potential within Africa’s technology ecosystem.

“We are excited to work with the shortlisted startups and provide them with the necessary resources and support to drive innovation and create a positive impact in their communities.”

“We applaud Qualcomm for launching the second year of its Innovate in Africa Platform, which not only equips the upcoming generation of African entrepreneurs with expertise in pivotal areas like AI/ML, healthcare, agri-tech, smart cities, and communications but also empowers them to safeguard their intellectual property through the complimentary L2ProAfrica program.”, said John Omo, secretary general, African Telecommunications Union (ATU).

Mr. Omo also emphasized that the ATU remains steadfast in its commitment to fostering innovation and entrepreneurship across the continent. “Our youth innovation program, among other initiatives, plays a crucial role in cultivating the talents and aspirations of Africa’s young visionaries,” he affirmed. “We are ready to collaborate with additional partners to realize this objective.”


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Mastercard and CEBIH join forces to bolster cybersecurity in Nigeria

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Mastercard, in collaboration with the Committee of E-Banking Industry Heads for Nigeria (CeBIH), recently hosted the second edition of its annual Fraud Forum in Lagos, Nigeria. Building on the success of the inaugural edition in 2023, this year’s forum convened key industry players ranging from financial institutions, payment service banks, and fintech companies, to discuss critical issues such as threats and vulnerability, intel-sharing, and best practices in combating industry risks.

The cybersecurity event, attended by key public and private sector actors, also covered the regional threat landscape based on Mastercard’s strategic threat intelligence data. This timely intervention is crucial in a region where cyberattacks remain prevalent, especially amidst Nigeria’s rapid economic expansion and widespread adoption of digital financial services.

Recent data from the Financial Institutions Training Centre (FITC) revealed a staggering 276% increase in fraud-related losses within Nigeria’s deposit banks, underscoring the need for continuous vigilance and proactive cybersecurity strategies within the financial sector. In response to the escalating threats amid Nigeria’s bourgeoning financial landscape, key government bodies have called for enhanced collaboration within the payment systems’ ecosystem to curtail the rise in E-Fraud in the country.

“We are excited to continue the Fraud Forum in Nigeria,” said Kari Tukur, Vice President, Customer and Solutions Center, West & East Africa, Mastercard. “With cyberattacks posing serious challenges within the Nigerian financial ecosystem, we take pride in establishing a platform where key stakeholders can convene, network, and exchange best practices to safeguard against potential vulnerabilities. Mastercard remains committed to creating unique and essential solutions to help business owners protect themselves and their customers against vulnerabilities, and this platform provides us with an opportunity to drive knowledge regarding these solutions as we aim to elevate cybersecurity standards and ensure the resilience of the Nigerian financial ecosystem.”

The forum delved into various aspects of cybersecurity, including common attack methods used by cyber criminals, their motivations, the assets they target, and the best practices to safeguard against attacks. Attendees gained valuable insights into the regional cyber threat landscape, with a focus on the financial services sector, which has become a prime target for cybercriminals in recent years. It also presented an avenue for Mastercard to showcase its latest fraud prevention techniques and tools, including the Mastercard Decision Intelligence, a real-time authorization decisioning solution that empowers issuers to approve more genuine transactions while effectively managing risk.

“We are delighted to partner with Mastercard on another edition of the Mastercard Fraud Forum in Nigeria. This event continues to serve as a pivotal platform for industry leaders, stakeholders, and experts to convene and address the evolving landscape of fraud and cybersecurity challenges, especially in a period marked by increased sophistication. With this year’s edition, we continue to deepen our commitment to fostering collaboration and implementing effective strategies to combat fraud and safeguard the integrity of the financial ecosystem.” Temitope Onibaniyi, Secretary, Emerging Payments of CeBIH, representing Celestina Appeal, the CeBIH Chairman, added.

The forum aligns with Mastercard’s goal of providing clarity to the complex cybersecurity landscape, in a bid to foster an ecosystem where digital transactions are built on trust. As part of its commitment to combating fraud, Mastercard also announced that it will be sponsoring the CeBIH Quarterly Sessions for the second consecutive year, bringing together industry experts to discuss the latest trends in fraud prevention and share best practices for protecting customers.

 

 


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