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What Yale University Record Campaign Should Teach Africa. Now Music School is Tuition Free

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Yale University students and professors are having a good time. Why not? They just raised $3.88 billion in a five year fundraising campaign that ended this June. This is how the war chest happened, based on information Tekedia has gathered.

 

– ten people donated at least $50 million dollars

– business icon and private equity maestro Stephen Adams and his wife Denise donated $50m each to simply make music school tuition free

-About 2,000 people gave at least $100,000

 

This is a record campaign number in any university history. We are very sure that Aliko Dangote donates to PDP office construction. We are not sure of any major support to a university in Nigeria. When will that begin to happen across Africa so that our education system will improve.

 

With this impressive campaign which we think will give the Yale President a huge pay increase, Yale endowment moves up though still below Harvard, the world’s highest at $27.4 billion. Yale is now $16.7 billion, second overall. Recall that Harvard lost badly when the market crashed in 2008. At a time, they were nearly double this present figure.

 

Meanwhile, if you apply to Yale now for music starting next year, you get tuition free. Tekedia does not think that is a good way to spend $100 from the Adams. But that is their choice. The best music comes from the folks in American Idol and ghettos and not from Ivy League, at least the market says. I know the opera and the sleeping type music is still popular among the people of the Skull and Bones fraternity in Yale.

Despite More Ad Space, Facebook Rates Hold Up

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If you noticed it, Facebook increased the number of ad space in March of this year. In the pages, there were more ad spots on pages. The company also added promotions below photos which the users tag.

 

We have been following to see if the rates will drop as a result of more ad spaces. This morning, we can confirm that Facebook ads rates hold up despite the increased spots. We had thought that more slots will push prices down and hurt the company. Facebook is expected to make $4.05 billion in ad revenue this year, according to eMarketer, a market research company.This company is assuredly popular that the more spots did not annoy advertiser or drag them prices.

 

The bulk of this revenue is from the bidding ad  and the self-serve ads where customers put those static photos and few words and then bib based on prices to get better positions and appear on the pages of the 714 million Facebook users.

 

But notice something: you do not need to bid much. Just use the lowest possible amount on Facebook on the ad page. We have never seen any drop in impression based on the price we bid on Facebook ad.

 

Yet, we continue to point out that the primitive and static nature of Facebook is what could open it up for disruption from Google plus.

 

Also, Tekedia thinks that Facebook ad is primitive and that is where Google Plus could strike. The static images by the right hand side of user’s profiles do not add any major value. Few people care to see those images. If Google plus offers a more dynamic and less instructive ad network, advertisers will follow. It is about value and right now, Facebook ads do not add any value.

TED Global Fellows 2011 Booklet – 77 Page Masterpiece of Innovation and Can-Do People

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Here is a copy of the latest fellows directory.  You can also send it to others with the download link below.

On our server:  Global_Fellows_2011

 

http://storage.ted.com/fellows/TED2011G_FellowsBooklet.pdf

 

——Our original post on these amazing people ———

In an email communication from our Founder who is a TED Fellow, he forwarded this list as the names of the new 2011 TED Global Fellows. Five Africans made the list, including Nigerian Femi Akinde.  We congratulate the winners.

 

Femi Akinde (Nigeria | US) – Mobile commerce innovator
Founder of SlimTrader, the first platform in Africa allowing consumers to shop for goods and services via their mobile phones through text.

Jodie Wu (US | Tanzania) – Appropriate technologist
Founder of Global Cycle Solutions, an organization developing and selling appropriate tech in the form of bicycle add-ons.
Alex Odira Odundo (Kenya) – Agricultural machinist
Kenyan inventor of the Sisal Decorticator, a device turning sisal plant into fibre, and the Sisal Twinner, a device turning sisal fibre into rope.

Serge Mouangue (Cameroon | Japan) – Cross cultural designer
Tokyo based Cameroonian cross cultural artist + designer — bringing both African and Japanese techniques into his work.

Somi (Rwanda | Uganda | US) – Singer + cultural activist
East African soul-jazz vocalist + songwriter and founder of New Africa Live.

Others are:

Manuel Aguilar (Guatemala) – Energy entrepreneur
Founder of Quetsol, an organization meeting the energy needs of the Guatemalan people with appropriate tech solutions.
Suleiman Bakhit (Jordan) – Comic creator + social media entrepreneur
Jordanian social media entrepreneur creating comics, animation, and games for the Middle East.
Yana Buhrer Tavanier (Bulgaria) – Mental health activist
Investigative journalist working to expose the inhumane treatment of children and adults with disabilities and mental illness in the Balkans.
Monika Bulaj (Poland | Italy) – Photo documentarian
Photographer + documentarian telling the stories of people and places in conflict.
Bilge M. Demirkoz (Turkey | Switzerland) – Particle physicist + educator
Particle physicist + educator currently working at CERN on the ATLAS experiment, looking for new physics.
Julie Freeman (UK) – Tech artist
UK based artist combining science, technology, and natural systems, in order to create work that “translates” nature.
Jose Gomez-Marquez (Honduras | US) – Medical device designer

 

Director of the IIH (Innovations in International Health) Lab at MIT, inventing and deploying medical technology for global health.

 


 

Lars Jan (US) – Transmedia director
US based media artist and founder of Early Morning Opera, a multidisciplinary art lab creating works about “America right now.”
Christine Lee (US | China) – Bio-archeologist
American bio-archeologist working to uncover and better understand
Mongolia and China’s ancient civilizations.
Jae Rhim Lee (US) – Scientific artist
Founder of the Infinity Burial Project, a project developing a unique strain of mushroom that decomposes and remediates toxins in human tissue.
Jon Lowenstein (US) – Documentary Photographer
Photographer specializing in long-term, in-depth projects around power, poverty, and violence — also working to create a foundation committed to social justice through visual communication.
Sonaar Luthra (US) – Water testing innovator
Creator of Water Canary, a water-testing device that collects real-time water quality data from the field.
Nathalie Miebach (US) – Weather artist
Boston based artist using weather data to create sculptures and music.

Genevieve von Petzinger (Canada) – Cave art researcher

Canadian doctoral student studying ancient geometric signs from the Ice Age.
Lucianne Walkowicz (US) – Stellar astronomer
Postdoctoral Fellow studying the effects of stellar activity on exoplanets with the Kepler Mission.
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What Lies Beneath the Cloud of Computing? What Adopters Need to Know.

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Cloud computing is termed concept of pay- as – use of computing resources available through the World Wide Web – accessing, distributing and storing. Conversely to conventional method of computing that has been in existence for decades – deployment software applications, hiring of personnel to manage various tasks, procurement and maintenance of infrastructure.

 

This article provides information and creating an awareness for future adopters of cloud computing. What is cloud computing? Cloud is a new scheme involves development of computing infrastructure from virtualised pool of resources dynamically. Cloud computing can also be described as conceptual building of abstract layers of resources – software and on top of hardware in virtualised world which is made available through world wide web.

 

According to Red Hat Linux, Inc (NYSE:RHT)   “cloud computing has emerged as a hugely important evolution in the way that businesses and individuals consume and operate computing. It’s a fundamental shift to an operational model in which applications don’t live out their lives on a specific piece of hardware and in which resources are more flexibly deployed than was the historical norm. It’s also a fundamental shift to a development and consumption model that replaces hard-wired, proprietary connections among software components and the consumers of those components with lightweight web services and web-based software access.

 

In short, cloud computing refers to a convergence of technologies and trends that are making IT infrastructures and applications more dynamic, more modular, and more consumable. That’s a big change that has implications that touch on just about every aspect of computing”

 

Giant high -tech and software technology, IBM (NYSE: IBM) tagged its cloud computing; rethink IT, reinvent business.  It emphatically described cloud computing as a new reality in computing that is emerging for every business establishment is it small, medium or large. It further describes cloud computing as a trend to transforming business and society, creating new possibilities and optimum efficient way of computing.

 

Cloud Architecture

Cloud computing usually involves distribution of services from software stack. Cloud architecture could be schemed into three layers:

1 – Computing and Storage of resources: Distribution and sharing of computing resources across the cloud is known as Infrastructure –As-A-Service (IAAS)

2 – Middleware, firmware and infrastructure automation:  this layer describes platforms available for sharing and distributing IT resources. For instance, linux OS or Windows OS, update from RedHat or Microsoft Windows OS which is made readily available on RedHat or infrastructure, how can this be automated within the cloud? This is addressed by a taxonomy called Platform –As-A-Service (PAAS).

3 – Applications: Cloud based applications developed by different participants in cloud computing environment – is termed Software- As-A-Service (SAAS).


Benefits of Adopting Cloud Computing

Future adopters of cloud computing could choose to have private; go for readily available public or hybrid computing.

 

Private Cloud Computing

With private cloud, organizations can create a virtual networking environment and managing the infrastructure with individual data centre.

Benefits – private cloud computing allows organization to create self –service and automation sit at the back of firewall.

 

Public Cloud Computing

Public cloud manages by public cloud computing providers. The providers manage applications, infrastructure as well as protecting clients’ information and individual data. Notable and leading public providers such as Google, Amazon, Sales force.com, they all provide shared services controlling and managing by remotely located data centres.

Benefits – (1) No heartache over insecurity (2) Cost of maintaining of infrastructure totally eradicated (3) Payment of huge salary to skilful personnel abolished.

 

Hybrid Cloud Computing

Hybrid cloud service combines both private and public. Hybrid service providers such as IBM, Microsoft and others.

 

 

Olawale Bakare is the leading organizer of Cloud Camp for West Africa sub –region. Cloud Camp is an organization that promotes and markets cloud computing around the world. Cloud camp event involves sharing of ideas and opinions through open source technology.  The latest upcoming Cloud Camp event is taking place in Accra Ghana on the 27th of August, 2011 – www.cloudcamp.org/accra . Participants are free to attend why not register at www.cloudcamp.org/register

 

For sponsorship please contact the organizers:

1 – Olawale Bakare Co – Founder/CTO PAWAAK Technologies Ltd

Email addresses:  | olawalebakare@pawaak.com  | wales.baky@gmail.com  |

pawaak@gmail.com |    m: +447901236822 

Twitter : @Bwale1

Skype VOIP: walex.george

2 – Abayomi Ayoola  | Abayomi@abayomiayoola.org | m: +358 44 518 5730

 

Photo credit/Awesomedc

Nigeria Needs Innovation Management

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Nigeria like every developing economy is a land of opportunities. It has the population size, the diversity creates several chances for customer’s insight, which should lead to innovative product, disruptive business model and operational process changes. What I  have seen is an absence of trying to exploit the codified and tacit knowledge available around us.

 

The customer, employers, suppliers and other stakeholders have been effectively utilized world over in evolving new products, process and business model. From the rarest of place, banking, which is known to be highly regulated, we have seen innovative product, model and process come out. From Mpesa in Kenya to Microfinance in Bangladesh which though may have roots in our esusu, all were products of innovation management.

 

It offered a chance to take an idea to the marketplace, with improvements and greater value creation. In the developed world, we have seen companies who appreciate innovation as a process and utilize it to their competitive advantage: IBM, P& G, Starbuck, the list is endless. However, how much understanding and appreciation of it do we have and have we exploited for our good in Nigeria?

 

Richard Branson is an acknowledged innovator in his business model, process and product, the Virgin brand is a good case. I am drawn to review what innovation will mean to Nigerian firms, government and institution, not with a new government in place; I expect a proper application of the wealth of knowledge and reason of the people in governance. This is a part of Innovation management called idea management.

 

It could help identify priorities. Yes, its application in government would be referendum. In the Nigerian corporate and public space, there have been limited applications of innovation management practice.  Worth mentioning is a leading bank in Nigeria who after the wake of =N=25 Billion capitalization, saw the need to keep his best hands while rewarding them, introduced regional MD/CEO business model in the management of the bank.

 

With the dwindling profits among companies, what could upturn the table in their favor will be  calling up ideas from all stakeholders around; call it crowd sourcing or utilize the web 2.0; in developing new products or services, the joy is you get more at little cost, but at utmost pleasure to your stakeholders.

 

This piece was contributed by Bola who hosts higher education and management blog.