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True Potential Of Location Based Services

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Have location based services (LBS) already reached their full potential? Visiongain doesn’t believe so. With some extraordinary successes already achieved with apps like Foursquare and Gowalla, the possible applications for location based services are still in their infancy. On the verge of LTE, the LBS landscape is poised for explosion. This report reveals the opportunities that lie between 2011 and 2016 for all market entrants.

Shift in Revenue Share Model?

Who gains the most from the LBS revenue share model? This report dissects the value chain and further reveals how all ecosystem members can gain share of the LBS market. With revenues from the app market expected to surpass $60 billion by 2016 ecosystem players must act now to guarantee their place in the revenue share model.

Future Uses for LBS

With a proliferation of LBS capable devices, developers have a huge user base of potential LBS subscribers. Unlike many technologies, location based services are popular and desirable already – the market requires that developers create apps that capitalise on the untapped potential. This report details the current successful LBS apps, and analyses each one to reveal the most pertinent aspects of their success. Emerging uses that signal potential future opportunities for monetisation are also covered in detail providing a holistic and timely overview of the market.

Why is this report important?

We conducted an independent and unbiased non-vendor affiliated assessment of the LBS market. We surveyed and interviewed several key industry players to gain an in-depth view of the market. This research report will help you in assessing the market potential and in designing LBS strategies.

Who will benefit from this report?

  • Operators – While it may appear that Operators have already lost the game with LBS, this report reveals a clear strategy for operator involvement and ways in which operators can monetise location based services.
  • Enterprises – While the appeal of LBS may appear to apply only to social networking and app subscribers there is tremendous Enterprise potential as well. Fleet tracking represents one such application for enterprises; which could have a transformative effect on CapEx on OpEx.
  • App Developers – Having already secured a central role in the LBS ecosystem app developers must devise a method to enable continued innovation and ensure that LBS retains popularity and usability.

 

Running With The Cheetahs – Contribute Just 1% Of Time, Knowledge, Resource

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Contributing just one percent of your time, knowledge and resources to another’s project can make all the difference. ActivSpaces had the opportunity to experience this first-hand (for the second time) on Saturday, September 30th, when we participated in the 1% Club’s global co-creation event.

What’s a Cheetah?

8 labs from 8 cities worldwide connected to undertake a one-day brainstorming & concept development sprint. Each lab worked towards solving a case for another and the results had to be shown as concretely as possible on the same day. ActivSpaces was lucky enough to have not one but two of its incubated initiatives involved in the 1% Co-Creation Event.

The concept of co-creation lies deep in ActivSpaces’ DNA. We conduct our own weekly version – the Concentration Session – where members focus on one project and crank out solutions for it within three hours. The 1% Event was right up our alley and it was a great learning experience and much fun to share with the other labs involved. We weren’t alone, but joined by media and ICT experts from VC4Africa, local tech company, FeePerfect, and also the United States Peace Corps to help make the day a success.

ActivSpaces is not a new fan of the 1% Club. We participated in last year’s co-creation event and plan to do so next year too. 1% Club is committed to helping social projects see the light of day by leveraging their resources to get helpful individuals and organizations to contribute 1% of their energy to make it work.

This blog post is a big shout-out to the 1% Club and everybody who participated in this year’s event. We hope Jo Pratt and the team at Akvo.org (the case we worked on) got the most of our 1% Follow @1percentclub on Twitter and stay tuned to see exactly what the results were. We look forward to seeing you at the next co-creation event.

 

By Activspaces Cameroon.

Nigeria Market Of Ideas – Crowdsourcing Insights For Breakthrough Innovation

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There is an upsurge of contests and competition across Nigeria. From entertaining to increasing customer followership, these events are continually becoming part of our culture as a nation. Some of these contests entertain as well add more value to the cognitive and non-cognitive capabilities of participants. Of them all, I am impressed with the recently concluded maiden Unilever Nigeria IdeaTrophy®. It is an open source method for gaining breakthrough insights on products and processes.

It was designed by Unilever in 2001 to challenge undergraduate to offer ideas that will address business cases around their brands or functions. As an engagement of university students in real business cases; it offers an opportunity to gain transferable skills such as team development, presentation prowess, and communication. I commend the leadership of Unilever Nigeria in seeing the appropriateness of extending the program to Nigerian Universities.

The search for ideas is here with us now; we expect to see more multinational Organizations (MNCs) and local companies in Nigeria find the ground fertile at generating external sources of innovation.

The successes of activities such P&G Connect +Develop; Dell IdeaStorm ; MyStarbuckIdea; InnovatewithKraft ; and OpenInnovationSaraLee has confirmed how much speed and variety can be gained in the new product development process. P&G product line is a testimony. It has launch over 100 new products through her Connect+ Develop program.

Another shade of market for idea is taking root in Nigeria called ecosystem investing. This allows established organizations to create strategic alliance or partnership with small and medium enterprises owners in gaining insight to sound business operation as well as expanding their capabilities( both sides) and extending adoption or usage of their product.

As William Holstein wrote in Hotbeds of Innovation; it offers the established companies a chance to harvest ideas without taking equity stake in such enterprises, while tapping into new markets. Google Nigeria through initiatives such G-Nigeria 2011 and GNBO( Get Nigerian Business Online) is effectively pushing her products, while building enterprises ; and ultimately gaining customer insights.

As much as it serves the customers, the ultimate beneficiary is the company, it adds up to their bottom line and product offerings.

Imagine how else Starbuck would have sustain her offering beyond the ingenuity of Howard Shultz and her product development team; if not by accessing the market for ideas just as we source funds through the capital market or money market.

The charge goes to the local Nigerian companies and MNCs with presence here to take advantage of our population and diversity to create the next money spinning products through open innovation or ecosystem investing activities in Nigeria.

 

by Adebola Daramola

[Video] After TEDxChange Amsterdam – What Next For The Nigerian?

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One year ago, TED and the Bill & Melinda Gates foundation organized the global event TEDxChange. Going beyond ‘ideas worth spreading’, the collaborative wanted to benefit from the passion and knowledge of the community and turn ideas into practice.

In Amsterdam, TEDxChange invited eight energetic speakers to present their vision and asked TEDsters how they could help them to get further. One of the speakers was Ndubuisi Ekekwe, an American-Nigerian engineer and the founder of the African Institution of Technology. His mission is to reshape Africa through technological developments. He participated in TEDxChange to get support to realize his ambitious plans. By telephone from Boston, he looks back at this day in September 2010. Although he was unable to attend in person, Ekekwe felt his interlocutors were genuinely interested in his ideas.

For more….click here.

Editor’s Note: Ndubuisi later attended TEDxAmserdam live.

Fasmicro Europractice Microchip Support For African Institutions – We Will Train Your Team

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If you an African institution,  Fasmicro can help you setup a world class microelectronics chip design lab. We will be using the Cadence CAD platform under the Europractice. The fee is $10,000 per school site. This excludes cost of your hardware. We will train your students and staff on the use of Cadence and all the processes involved in chip design from schematic entry, layout, extraction and tapeout, and finally the testing of the chip when fabricated.

Europractice is a quality brand name for European service-type projects in the Microelectronics, Microsystems and Photonics fields. The Europractice brand name covers a wide range of FP6 and FP7 projects.

The following is our timetable for major African markets:

Nigeria – anytime

Ghana – January 2012

Kenya – February 2012

South Africa – March 2012

 

We ask schools and companies that want to configure and setup Europractice services and master Cadence Design Systems, Inc is an electronic design automation (EDA) software and engineering services company. For years it had been the largest company in the EDA industry producing software for designing chips and printed circuit boards.

Fasmicro is a leading African microelectronics and embedded systems design company with headquarters in Nigeria and business operations in UK and USA.