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Home Blog Page 7677

What Happened Yesterday – Why We Were Offline, Temporarily!

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Many of our readers woke up and realized that Tekedia was offline yesterday. In the last few days we have been having traffic surge problems. Little did we know that our hosting company will simply suspend the account as a way of solving the problem.  Of course we told them that using the word “Suspend” was not really a good way of communicating the issue. They would have used “Temporary out of service “. The good news is that we have fixed the problems.

 

Here is the letter, just to assure you all that we did not get into any trouble from here that warranted any suspension.

 

Hi,

As you probably aware, here at Just Host we proactively monitor all our servers to ensure that our clients websites are loading as fast as possible at all times. During this routine monitoring we have found that your account is utilizing an excessive amount of system resources, and we have been forced to suspend your resellers account  tekedia tekedia.com as per our terms and conditions ‘10% CPU/MEM/MySQL Policy’

 

For your reference, here is a copy of your account usage report:
##########

User Domain % CPU % MEM MySQL Processes

tekedia         3.30     17.40     3.3
tekedia         12.6     /usr/bin/php /home/tekedia/public_html/index.php
tekedia         12.0     /usr/bin/php /home/tekedia/public_html/forum/index.php
##########
Just Host offer unlimited hosting space and unlimited bandwidth, but as per our terms we will suspend any website which exceeds our 10% CPU/MEM/MySQL policy. We hope that you understand our position in
ensuring that we provide the best possible service. In order to continue to provide this high quality service, you will need to upgrade to a dedicated server, which will give you an abundance of additional resources and speed up your website.

 

 

As a loyal Just Host customer we have arranged for you to receive a special deal on a dedicated server with SingleHop, (our trusted dedicated partner) who will assist you with everything you need to make your switch a smooth transaction.

 

 

Please visit this link to upgrade to a dedicated server:
http://www.justhost.com/godedicated

 

 

Sorry for any inconvenience, and we hope you understand our decision. Once you have made the switch to dedicated, feel free to contact us at billing@justhost.com for a refund of your current Just Host account. On behalf of everyone here at Just Host, we wish you all the best with your online ventures.

 

PS: We strongly recommend you consider making the switch to dedicated, as you will experience a vastly improved service, and avoid being suspended again in the future – http://www.justhost.com/godedicated

Kind regards,
[      ]
Just Host
www.justhost.com

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South Africa’s Road To The Knowlege Economy Passes Through Investment In Emerging Technologies

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The honorable minister of science and technology in South Africa recently stressed the importance of stepping up investment in science and technology, if they are to remain competitive in a fast changing world. In her words “The funding of Science and Technology must be improved if we are to realize our ambitious national goal of building knowledge based economy.

 

One of the areas that must be addressed is increased support for post graduate study and for senior researchers plus a more stable funding model for all our research performing institutions” .  South Africa is one of Africa’s most developed nations. Today South Africa is following the steps of the US in trying to build a knowledge based economy where economic growth is driven by information and knowledge creation and easy transfer as provided by a strong ICT platform.

 

The most significant development affecting business operations in the second half of the twentieth century has been the emergence of the new economy or knowledge economy. The new economy, speaks of an economy where wealth is generated by information technology and knowledge. It is an open economy affected by globalization, rapid changes in financial markets, deregulation, the expansion of communications, innovative financial engineering, improvements in technology and increased market volatility. New economies are based on the production and distribution of knowledge

.

Technological developments after the Second World War, such as the development of the transistor, microprocessors, satellites and the computer, led to new capabilities in the provision of information. The capture, analysis and dissemination of information have altered the ways in which businesses operate . The South African Government as a matter of policy supports the formation of ICT clusters in different regions as well as advances in science technology and innovation since it gained independence.

 

South Africa is the economic powerhouse of Africa, leading the continent in industrial output and mineral production and generating a large proportion of Africa’s electricity.

 

The Gross Domestic Product (GDP) in South Africa expanded 4.8 percent in the first quarter of 2011 over the previous quarter. From 1993 until 2010, South Africa’s average quarterly GDP Growth was 3.27 percent reaching an historical high of 7.60 percent in December of 1994 and a record low of -7.40 percent in March of 2009.

 

South Africa has a two-tiered economy; one rivaling other developed countries and the other with only the most basic infrastructure. It is therefore a productive and industrialized economy that exhibits many characteristics associated with developing countries, including a division of labor between formal and informal sectors and an uneven distribution of wealth and income. The primary sector, based on manufacturing, services, mining, and agriculture, is well developed .

 

Not only is South Africa itself an important emerging economy, it is also the gateway to other African markets. The country plays a significant role in supplying energy, relief aid, transport, communications and investment on the continent. Its well-developed road and rail links provide the platform and infrastructure for ground transportation deep into Africa.

You Think Obama Leads The Free World? Think Again, We Are All Lead By Algorithms. Ok, His Country Makes Good Ones

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Technology is the leader of the enterprising world. And it leads using a constitution. Unlike the traditional political structure, this constitution is Algorithms written by engineers, scientists, etc and not congressmen and politicians. The global competition is largely who has the best technical group to write the best one; in this regard, Algorithms that comprise of patents, technical processes, etc.

 

As a nation develops, adopts, applies and diffuses appropriately the contents of this constitution, it elevates the lives of its citizens. Economists have shown a correlation between Knowledge Economy Index (KEI), productivity and standard of living. The challenge is improving the KEI number. Those discussions on comparative advantage based on abundant natural resources seem superficial in this contemporary time.

 

The age of natural resources dominating global commerce and industry is gone. What matters now is creating knowledge and applying it. Some nations will create, others will merely consume. But wealth is concentrated at the creative stage and nations that focus on consuming, without creating technology will not prosper. Even with abundance of natural resources, which in many instances, the consuming nations cannot independently process without the knowledge partners cannot change this trajectory of limited national wealth without technology creation.

 

Let me illustrate using Nigeria where they speak the language of petroleum. In the petroleum industry, there are the downstream and upstream sectors. While the upstream focuses on exploration of crude oil, downstream does the distribution and marketing. The money is in the upstream sector, a major reason we have the foreign partners concentrated therein. That is where the knowledge creation is done and utilized in the industry. I am cautious to say, without the knowledge partners in Nigeria, helping to explore this crude oil, Nigeria cannot mine this product. Verdict: the oil will be there and of no tangible economic use. This will follow a pattern where villages have water underneath them but no drilling expertise to harness the water for cooking and drinking.

 

Similarly, Africa has embraced ICT, but we are just focusing on the downstream. We are not creating it and we will not benefit much from the technology economic benefits unless we move up on the pyramid. Upstream ICT will involve designing computing systems, cellphones, routers, device drivers, and all other infrastructures that enable ICT revolution. Instead of importing the latest cellphones, we will think how to design them.

 

How do we do that? We need fundamental changes in our national policies on technical education. That is the answer. I believe in knowledge and education creates it. Specifically, technical education is the engine that will move up the ICT movement from downstream to upstream operation as we expand our commitments on microelectronics, nanotechnology, biotechnology, mathematics, etc. This will be a good path to improve our national competitiveness and transform Africa into a global outsourcing hub. If our students have the skills, the multinational companies will come to tap our comparative cheaper labor.

 

In conclusion, there is an opportunity in the upstream ICT sector and it is time Africa gets there. Our government can facilitate a national ICT transition by funding major investments in microelectronics to enable our universities, research labs, polytechnics and small enterprises acquire and diffuse the technology. This will create jobs and diversify our economies out of minerals and hydrocarbons.

Focus On African Startups – A New Tekedia Column By Stern School of Business MBA Graduate, Brian L. Aoaeh

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For my first article I will like to introduce the philosophy behind my column, tell you the topics I intend to cover and tell you a little bit about myself.

I expect to publish a new article every fortnight. Typically, I will make an effort to keep my posts between 250 – 350 words, or 750 – 1000 words if I feel that is justified. I am guilty of loving to dig deep into anything I am studying or writing about. In this case I hope to acquire some discipline.

The goal of my column will be to focus on issues relevant to entrepreneurship and start-ups across Africa. Although I have a special affinity for technology and science based industries, I do not intend to discriminate as far as this column is concerned; every industry is fair game. I believe that entrepreneurship offers one path to solving some of Africa’s most pressing problems

We will study and discuss entrepreneurship in general. Our focus here will be to explore the environment for entrepreneurs across Africa, the socio-cultural dynamics, the political climate, and the economic realities that affect the development of a more commercially entrepreneurial society. We will also examine the factors that are necessary for creating a culture that nurtures an increase in commercial entrepreneurship throughout Africa.

We will study and discuss start-ups, specifically, African start-ups. The goal of this exploration will be gain a clearer understanding of the start-up scene across Africa. We will also examine start-up activity that is driven by people of African descent living abroad; in this case we will favor people who travelled abroad for business, or academic study. We will discuss the challenges faced by these start-ups in general, with a special focus on problems peculiar to those start-ups that are based in Africa. The topics we focus on will include; start-up business models, business plans, product development, and innovation. We will rely heavily on case studies when appropriate, either in direct relation to one of these topics, or simply to focus on something interesting that an African entrepreneur is doing. Once in a while we may study an example from another developing region of the world. 

We will study and discuss major conceptual developments in the areas of corporate and business strategy and try to apply those concepts to early and late-stage start-ups. Examples will be taken from around the world in order to highlight certain lessons on which I want to focus our attention. The topics we discuss here will include corporate and business strategy, general management, competition, game theory, marketing and other topics that I think could be considered under this broad umbrella. 

We will study and discuss topics in accounting and finance that I believe are important for any entrepreneur launching a start-up anywhere.

Now, a little bit about me; I come from Ghana, but grew up in Nigeria between the age of 5 and 12. My family has lived in Nigeria for more than 3 decades. I studied mathematics and science at the WAEC GCE O and A Level at St. Francis Xavier Junior Seminary, Wa, UWR, Ghana and the Presbyterian Boys’ Secondary School at Legon, Accra, Ghana respectively. I obtained a BA with a double major in Mathematics and Physics at Connecticut College, and then an MBA in General Management with a specialization in Financial Instruments and Markets from the Leonard N. Stern School of Business at New York University. I am presently an analyst in Corporate Development at a small (I mean really small!) privately held private equity/venture capital company in the United States. I assess investment opportunities and assist the entrepreneurs we work with accomplish the task of building successful companies. You can find me on LinkedIn and Twitter.

Tekedia Climbs Four Slots In Vrank’s ‘Most Visible Brands In Nigeria’

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Tekedia has moved from 13th position to 9th position in the Vrank’s Most Visible Brands in Nigeria, within two weeks. Our online reputation remains solid and thanks for our readers and those that are contributing articles.  We apologize for the slow speed and interruptions, especially today. It was due to traffic and hosting issues which are fixing.  Our apologies.

Tekedia is indeed making a contribution in the tech space of Nigeria. Get the ranking live here.

 

Most visible brands in Nigeria

These are today’s most visible brands. Vrank scores change over time – come check them every now and then!

1
51.9%
Vrank : 519/1000
2
51.1%
Vrank : 511/1000
3
ReVou
(http://www.revou.com/)
43.9%
Vrank : 439/1000
4
Cp-africa
(http://www.cp-africa.com)
43.6%
Vrank : 436/1000
5
41.8%
Vrank : 418/1000
6
40.5%
Vrank : 405/1000
7
40.2%
Vrank : 402/1000
8
Internet Payment Solutions
(http://www.paybycash.com)
36.3%
Vrank : 363/1000
9
35.6%
Vrank : 356/1000
10
Scoopafrica
(http://scoopafrica.com)
35.4%
Vrank : 354/1000