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Mobile Payment Implementation – Seven Strategies for Success in Nigeria

By
Tekedia Editors
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2

 

As Nigeria begins to move in the space of m-payment, there are many structures that must be put in place. The nation must have a plan and a cohesive system that will prevent fraud and build trust in the minds of the users of the products.

 

But for developers and organizations that will help implement and structure these systems, there are many challenges and opportunities. It is about SWOT (strength, weakness, opportunity and threat). The following are things that any financial instruction or m-payment player must examine as they design and deploy their products.

 

  • Build a team – first you must have the people. And the right ones.
  • Implement quality core systems –as you build your technology, you have to build the accounting and other key core systems.
  • Understand the legacy limitations – or opportunities? How will you do better than your competitor. What are the drivers in this industry? Where is the volume and what drives that?
  • System design – if you go cloud computing, how will you survive if the cloud network has a problem. What is your fall back strategy? What is your sustainability plan. You need to have that because now, it is all about service availability to the customers.
  • Compliance and governance – CBN is watching and you need to ensure compliance and follow all regulations. What is your IT structure for that?
  • Customer service – that is the king of business. How good are you and what are your plans?
  • Lean and gaining operational efficiencies – Without managing cost, you cannot control profit. You need to be efficient and drive the business with focus.

Apple And Samsung Battle On Copyright Suit – It is Now Tit for Tat.

By
Tekedia Editors
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0

The legal battle between Apple and Samsung is heating up. Apple is complaining of harassment in Samsung’s latest bid to get an early look at Apple’s next iPhone. The issue stems from a suit filed by Apple in April in the U.S. District Court of Northern California accusing Samsung of copying its designs.

 

The judge in that case ordered Samsung to show Apple prototypes of its unreleased smartphones and tablets. The lawsuit shows side-by-side comparisons of the Apple iPhone 3GS model, released in June 2009, and the Galaxy S i9000 model, released in March 2010.

 

This latest move by Samsung seems a bit of a tit-for-tat maneuver and a questionable move at that, given that Samsung is one of Apple’s biggest suppliers.  

 

Tekedia pities Samsung as they will lose their supply contract with Apple. They need to manage this problem and avoid the temptation of fighting the big Apple in this case. Let them settle because Apple could cut them off.

Global Semiconductor Market To Hit $315 Billion in 2011 – A 5.1% Annual Growth

By
Tekedia Editors
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0

The global semiconductor market will hit  $315 billion in 2011, which will make it an increase of 5.1 percent on 2010, according to Gartner, a market research firm.

The market research firm thinks that smartphone and tablets will lead the chip supply while many other sectors will lag. Together smartphone and tablets will control more than 64% of chip growth from 2011 to 2013. They also stated that Japan disaster will affect the total chip supply and growth in 2011.

“The disaster in Japan clearly had an impact on the semiconductor market, and supply chain behavior, but it is less than initially feared,” said Peter Middleton, principal research analyst at Gartner. “In response, in the last two weeks of March, vendors stepped up efforts to secure supply in the face of uncertainty and potential shortfalls — leading to some double ordering which continued into the second quarter. We think vendors were cautious with their second quarter guidance, and we expect the majority will exceed those estimates.”

“Although the impact is less than feared, we are anticipating some residual effects in the third quarter of 2011 as friction in the supply chain may impact some production and some surprises may occur,” Mr. Middleton said. “However, once third-quarter trends are established and supply chain participants are satisfied that all issues are understood and production is normalized, we expect an effort to draw down inventory, which will weaken the semiconductor market in late 2011 and early 2012.”

 

Gartner forecasts worldwide application-specific standard product (ASSP) revenue to reach $79.7 billion in 2011 and grow to $99.4 billion by the end of 2015.

Nigerian Developers Prefer Android – A Study Finds 50%

By
Tekedia Editors
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0

 

Caution: This is not a scientific data. This is more of raise your hands study. The data was gathered by Fasmicro contingent during yesterday Mobile Monday Lagos. Yet, it is not far from the truth. Google is pushing Android to a level never imagined.

 

If we have to ask a question without all the science in data collection: where do you think people will go and find that answer? Mobile Monday. So, if they raised their hands as they did, we think that is a valid study. We thank Fasmicro Emeka Nwankwo for supplying this data. He was there live and quickly ran the numbers.

 

The questions and the answers:

What Platforms are you going to develop for?
Nokia 35%

Android 50%,

RIM 20%

iPhone 2%

(Note some developers opted for multiple Platforms)
What mobile phones do you use?
Rim 40%

Nokia 50%

Android 8%

iPhone 2%

The African Web Summit Comes To Lagos – Sept 14/15

By
Tekedia Editors
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0

A 2-day event packed full of seminars, workshops and networking sessions all given by industry relevant business leaders and world renowned speakers from multi-national companies including representatives from Google, Facebook, Twitter and IBM.

 

The African Web Summit is a Social Media, Technology and Digital Conference that aims to be a driving force in the digital revolution on the Continent of Africa. The conference’s focus is to increase the digital and technological confidence of African business leaders, in line with other ‘Developed Countries’. The AWS will have keynote speakers, networking and workshops. Some of the topics explored will particular relevant for Startups/Entrepreneurs, Social Media/iMarketing professionals and Gaming and Software Developers. There has been substantial interest from the Banking industry, Mobile Technology and Venture Capitalist as well.

 

The conference will be held in Lagos on Sept 14-15, 2011

 

We like this statement credited to an Ericsson executive

 

“Africa is on the cusp of a major revolution powered by mobile broadband. Since the late 90s, mobile telephony has substantially changed market dynamics on the continent and rekindled an almost forgotten spirit of free market enterprise in our economies. With the advent of social media, we are beginning to see Africa take the lead in utilizing the web in previously unknown ways – you only have to look to Tunisia, Egypt, Libya and Ivory Coast to see the potential being unlocked. At the inaugural edition of the African Web Summit we have a major opportunity to explore some of these triggers and forecast what will be the barriers and drivers to a web driven 21st Century Africa. You have to be there.”

 

Simply, the objectives of this conference are as follows:

  • To educate, showing companies and individuals the value of Social Media as an advertising and branding tool.
  • To aid in the Digital Revolution of African as an emerging market.
  • To inform as a means of sharing news worthy information and a device news agencies and individuals can use to circumvent the perceived failures of rolling 24hr news.
  • To run various workshops for startups, software and game developers and iMarketing
  • To continue the digital awareness of a continent trying to keep up with the rest of the developed nations. (The Egyptian revolution comes to mind.)
  • To promote investments in the African technology sector.
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