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[Editorial] Lessons From IBM, Intel Funded Nanotech Hub In New York – Nigeria Needs IBM Engineers, Not Just Salesmen

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Five computer chipmakers, including IBM and Intel will create a nanotechnology hub in New York, Bloomberg reports. They are committing $4.4 billion over five years for the venture. One part of the project led by IBM will spend $3.6 billion to develop two next-generation computer chips that will be used in supercomputers and consumer electronics. The other parts will focus on silicon wafers which are used to create integrated circuits or microchips.

The venture plans to develop technologies to increase the size of standard wafers which could double the number of chips cut from each wafer and lower prices.  For New York, the investment by the companies will result in 6,900 jobs either retained or created.

Tekedia has a simple question to Nigerian leaders: we need a solution and effort like this, led by some of the MNCs in the nation. We need to create the ecosystem that will drive them to see value in the country through quality education and solid infrastructure. Until the nation does that, we may not attract this type of investment – only the sales men from IBM and Intel will be coming to our nation.

Nigeria needs more IBM and Intel engineers than their salesmen. A  $1 billion investment to fund a center like this will create jobs and opportunities than selling IBM servers and Intel chips will not do in ten years. Time is running out because very soon, everything will go to Kenya and Ghana. We need to bargain as Brazil is doing by asking companies to invest in the nation, than selling. Apple listened and through Foxconn invested billions just to have access to the Brazilian market.

 

Fasmicro To Hold Joint Press Conference With Imo State Government – Oct 6th

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First Atlantic Semiconductors and Microelectronics (Fasmicro – site under construction, be ready tomorrow), our parent company, will hold a joint press conference with Imo State Government, Nigeria on Thursday, October 6, 2011 in Owerri. On  Sept 9, 2011, Fasmicro signed a Memorandum of Understanding with the state. More than 18 journalists are coming and Fasmicro and the state will unveil a new partnership where the government is using a Nigerian company to build the state.

We must confess that nothing was more stressful than hosting the officials last week as they worked the final stage of the qualification process. Good enough, we passed. They liked our relationships with universities and top companies as well our international network. Fasmicro is an official business partner of Federal University of Technology Consult Ltd which provides access to top FUTO professors for our engagements.

We will assist the new administration to position the state as a center of technology and innovation in the nation through advisory, training and other services. Our core responsibility  will be to help develop a project which we cannot reveal now. It is poised to become the most ambitious technology and entrepreneurship roadmap ever in the history of Nigeria with budgets in millions of dollars.

As we continue to deliver niche and hi-tech products and services, we will remain focused to serve our clients.  Two other states are also working with us to assist them in the hi-tech arena; we hope to complete the arrangement very soon. For our Public Sector business, please call our Owerri office and speak with Victor. Victor recently returned from  France after a six week training and he knows business and technology and most especially how to plan cities.

We also use this medium to announce that Clam Magazine, published in Paris, has awarded us the job to structure their digital assets – films and video. We will revamp the websites and help position them in the digital ecosystem. An Irish client who wants anonymity praised us for a recent job we did. He is bringing more.

P.S. Fasmicro.com is being redesigned. We will complete that tomorrow.

Introduction To Artificial Intelligence Starts Next Week

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This is the email from the team running the Stanford University open Artificial Intelligence course. The program begins next week.

 

Dear [Name],

We’re excited you’ll be joining us for Introduction to AI (ai-class.com) this fall! You are part of a community of over 130,000 students in more than 190 countries who have enrolled. Class begins October 10.

Our community speaks at least 150 different languages. It’s really important that language not be a barrier to participating in this class. If you are multilingual, please consider volunteering to translate some of the lesson videos into other languages. Be advised this will be time consuming and will need to be done quickly (several hours of work per week). If you’d like more information or want to volunteer, please sign in to http://www.ai-class.com and go to ‘Help Translate’.

We’ll be upgrading ai-class.com over the next week to get ready for the class. Parts of the site may be down intermittently for these upgrades.

That’s all for now. More information will be available on ai-class.com once the course starts.

See you in class!

Warmly,
Sebastian, Peter, and the AI Class team

[Brief] Nike Funds New Startups With Focus On Alternative Energies And Efficient Manufacturing

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The global shoe giant, Nike, is setting up a venture capital firm to backup startups that focus on alternative energies and efficient manufacturing.  Nike will use the technologies to position itself as customers become more environmentally aware and cost pressure requires the invention of new manufacturing processes that are cost-competitive. So, this will help Nike to be more sustainable and cheaper if these companies come up with the right technologies.

Nike is borrowing an idea from many technology companies that are opening venture funds to jumpstart new firms for new ideas that will drive innovation. AOL has that and many other firms are doing that also. This is the sign of the time as hiring and running internal R&D have become very expensive and companies have no option than spreading the little they have to generate new ideas and innovation. Nike has called this offshoot Sustainable Business & Innovation Lab and hopes to make investment soon.

Nokia Sets Its Sights On Emerging Markets

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Nokia has decided to flex its muscle in the low- to mid-range mobile phone market by coming out with three new affordable Smartphones. It is undeniable that this particular market segment has gained steam over the past few years and manufacturers have definitely taken notice. On their end, the Finnish mobile manufacturer intends to launch a trio of reasonably-priced Smartphones that should fit any type of budget.

 

On the list are the C6, E5, and the C3, all of which will retail for less than £200. Among the three, the C6 is definitely the cheapest with a price tag of only £80. The E5?s retail price is doubled at £160, while the C6 is the priciest among the three at roughly £190. All three handsets are expected to hit market stands throughout the second and third quarters of this year.

 

With these new line of Smartphones, the manufacturer aims to bring enhanced messaging and social networking features to the emerging markets. Market analyst Neil Mawston adds that the company’s “strategic focus is clearly on emerging markets now and taking higher feature devices to the masses and these three devices do that quite nicely.”

 

Still Going Strong

For most, this particular move by the world’s biggest mobile phone manufacturer is no surprise. However, some may have been misled by statements they made last December claiming that they would start focusing more on the Smartphone industry. To others, this meant that the company would be coming out with cutting edge devices that hoped to top the likes of the Apple iPhone 3GS or the HTC Legend.

 

While they’re definitely doing their part in this particular sector, the company has also wisely chosen not to neglect emerging markets. They have also decided to create Smartphones that pack in a whole lot of features and have priced them at a much lower cost specifically catering to the low- to mid-range market segment.

 

While Apple and Blackberry (and now emerging from the shadows is HTC) offer stiff competition, Nokia still remains to be the strongest player in the game – all things put into consideration. One testament to this fact is the growth the company experienced in the Smartphone arena wherein their market share grew by 5 percent (from 35% to 45%) during the fourth quarter of 2009.

 

A Look at the Handsets

As mentioned earlier, the C3 is the cheapest among the three models at only £ 80. Some of its notable features include a 2.4-inch screen, a functional 2-Megapixel camera, and access to the Ovi Chat and Ovi Mail which will let first-time users create their own chat and e-mail accounts straight from their handset even without the use of a desktop computer.

 

Wi-Fi is also on board the device which means that users won’t have any problems using the social networking apps on the mobile and access their Facebook and Twitter accounts with apparent ease.

 

What differentiates the C6 is its slide-out QWERTY keyboard which slots out from the side. If the keyboard is hidden from view, it actually looks a lot like the XpressMusic 5230 which proves that this particular handset also caters to a younger target market.

 

On the other hand, the E5 lives up to the E series reputation in that it is catered more for the corporate consumer. For proof of this fact, one would only need to look at its built-in apps such as IBM Lotus Notes Traveller and Mail for Exchange which will give users access to more than 90% of the whole world’s corporate electronic messages.

 

by Simon Drew