ITREALMS:
Adoption of new technologies would see more businesses
productive, says the Managing Director of Vodacom Business Nigeria, Lanre
Kolade, reports ITRealms.
He noted that as technologies such as Internet of Things
(IoT) and Big Data Analytics continue to transform and disrupt the business
world, that adoption of new technologies will drive productivity and efficiency
to remain competitive.
Speaking at the recently held Business Day CEO Forum Nigeria
2017, an annual thought leadership initiative in collaboration with McKinsey
& Co, Kolade said “Technology such as IoT enables growth across business
sectors. Today, many organisations are using this technology to cut costs,
reduce risk, increase revenue and efficiency”.
Businesses in the Africa are gradually adopting IoT, with
Nigeria being one of the leading IoT markets in Africa. This adoption is driven
by the increasing availability of affordable smart devices, coupled with the
need for enterprises to deliver shareholder value. According to the Vodafone’s
Global IoT barometer report 2017, the adoption of IoT has grown significantly
from 12% in 2013 to 29% in 2017 and 49% of these adopters use IoT in
conjunction with analytics to improve business decision-making.
In Africa, disruptive technologies such as IoT hold
significant potential and the opportunities are found in different sectors.
From Finance and Insurance to Manufacturing and Agriculture, including the
Education sector, organization of all sizes are using IoT to optimize
processes, automate production and monitor the supply chain. Speaking further
at the event, Lanre Kolade said “We can use technology to disrupt education,
with broadband penetration, digitization becomes possible and education
contents will be more accessible to all in Nigeria”.
Vodacom is using technology to address challenges in,
education, healthcare and agriculture in Africa. Vodacom recently deployed IoT
solution for education and healthcare in Kaduna state using a mobile school
management solution which provides real-time visibility of all administrative
activities at over 4000 schools. The healthcare solution monitors stock level
and distribution of essential medicines in over 250 medicine dispensary
facilities in the state.
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