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How SMAC Can Drive Your Connected Consumers

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The IDC CIO Summit, currently underway in Lagos, is focusing on how the next wave of social, mobile, analytics and cloud (SMAC) technologies will unleash innovation and productivity in the enterprise by delivering better employee and customer experiences.

These technologies empower people by making apps, services and information accessible everywhere (mobile), collaborative and easy-to-use (social) and tailored and responsive to their needs and context (analytics). In the background, the power of the cloud makes it affordable and easy to deploy the latest applications and solutions to users wherever they are.

Nigerian CIOs should look at how they can use SMAC (also known as the Third Platform) to deliver personalised experiences that are tailored to new working styles across social and mobile as well as the expectations of the connected customer. It’s all being made possible by growing Internet penetration, with more than 90 million Internet users in Nigeria looking to organisations to provide them with digital services and experiences.

Business software: SMAC’s foundation

SMAC should be built on the foundation of a next-generation business management system that gives end-users access to real-time information and services wherever they are. Such a system has a simple user interface, requiring little or no training, but delivers a powerful user experience. It resembles and is as easy to use as a mobile app for a social media service.

It features social networking features that make it easy for people to collaborate with others and share information. As such, today’s business management solutions are tailored to the needs of a digital native accustomed to WhatsApp, Netflix  and Snapchat rather than a worker used to email and old-fashioned ERP.

The solution can be accessed from a mobile app or a standard web browser, extending CRM, ERP, project management and business process management software to any place where there is an Internet connection. With wearables and the Internet of Things coming of age, enterprises will have new interfaces where they can interact with employees and customers, as well as collect data.

Analytics tools democratise data

Analytics tools give managers and leaders access to real-time data about the business’s performance on their mobile devices for strategic decision-making. But they also extend data to everyone in the business.  At an operational level, the combination of big data and machine learning will allow companies to tailor customer and employee experiences to the needs of different segments to optimise sales and productivity.

Paired with the Internet of Things, advanced analytics and machine learning are bringing about the fourth industrial revolution. Connected devices and sensors, cloud computing, advanced robotics, intelligent software, and a range of other technologies are enabling companies to produce complex products in a smooth, automated process using specialist robots with very little human input.

In this environment, analytics is used to forecast issues such as machine errors or supply chain interruptions so that quality levels and uptime remain high. The Nigerian CIO’s role will be about managing the challenges and opportunities presented by digital transformation and the Internet of Things. Expect this trend to bring the same level of disruption to old-style industries such as mining, manufacturing and construction as the Internet has already brought to banking, media and retail.

By Magnus Nmonwu, Regional Director for Sage in West Africa

Cyber-Insurance Must Evolve In Africa To Manage Cybersecurity Threats

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This week’s WannaCry ransomware attack achieved unprecedented scale, infecting more than 230k computers across 150 countries. The virus hit car factories, hospitals, and even the U.K.’s National Health Service, with many employees forced to pay a ransom in bitcoin.

WannaCry leverages NSA (National Security Agency) malware that had been leaked just two months prior, illustrating the increased ability for hackers to move quickly on seemingly minimal resources. Further illustrating the point this week, Docusign confirmed that hackers had breached a customer email address database and sent phishing emails to a broad group of users.

The recent events demonstrate a sobering fact – as organizations have become increasingly tech-enabled, the “attack perimeter” for hackers has expanded. As a result, it is much easier for hackers to play offense than it is for organizations to play defense.

The only feasible solution is for innovators to re-think how we communicate and transact more securely. With tools such as blockchain, advanced encryption, two-factor authorization, and cyber-insurance, startups will need to find elegant and low-friction ways for large enterprises to improve their security.

Africa has to evolve its cybersecurity insurance sub-sector to manage the risks associated with digital business. Corporations have to be prepared to use insurance to mitigate risk as technology is proving not to have the capabilities to comprehensibly secure and protect us from cyber-attacks.

 

Updated: This post has been updated, after a representative of Docusign reached out to Tekedia, to indicate that the breach affected database of customer email addresses only, and not customer database.

 

This Priest Is Blessing PCs And Servers With Holy Water To Prevent WannaCry Ransomware

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This Russian priest is blessing the PCs and servers with Holy Water to avoid them getting WannaCry ransomware. Not really.

The priest is Patriarch Kirill of the Russian Orthodox Church. And while the photo everyone’s sharing on social media is an old picture of the High Priest when he was invited to Russia’s Ministry of Internal Affairs to bless the computer terminals there with holy water to protect them from any sort of problems, it cannot be completely ruled out that the Patriarch may have been summoned to ward off the effects of WannaCry ransomware from critical government computer systems.

We just hope the water doesn’t short any circuits and destroy the computers they’re meant to bless and protect.

How African Entrepreneurs Can Get Into Y Combinator Without A Business Plan Or Applying

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In a newsletter post from Y Combinator President, Sam Altman, aspiring founders can get into the seed accelerator by joining YC Software Team. In that case, one can bypass the accelerator application process and still gets all the benefits available to YC funded founders. Also, they can assist founders to relocate to San Francisco.

Read the newsletter below:

Join the YC Software Team

If you want to get funded by YC as a founder in the future, but you don’t have a startup that’s ready for that yet, joining the YC software team is a great hack to get there.

The YC software team is a small group of hackers in SF that write the software that makes all the parts of YC work.

As a member of the software team, you’ll get full access to the YC program, just like founders do.  You’ll learn the ins and outs of how YC works, and you’ll get to follow and learn from hundreds of companies.  You’ll meet the best people in the startup world and get exposed to the best startup ideas.

Software is how we can scale YC, and the limits of that are probably further out than most people think.

You can apply here: http://bit.ly/1Od0T2l.

How Digital Technology Is Changing Farming in Africa – Harvard Business Review – Ndubuisi Ekekwe

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According to the Food and Agriculture Organization of the United Nations, the world population will reach 9.1 billion by 2050, and to feed that number of people, global food production will need to grow by 70%. For Africa, which is projected to be home to about 2 billion people by then, farm productivity must accelerate at a faster rate than the global average to avoid continued mass hunger.

Continue reading here.