Monday, October 20, 2014

Aganga, Johnson, Emefiele, Amazu lead speakers at FBN annual investor confab

The Honourable Minister for Trade and Investment, Mr. Olusegun Aganga; her counterpart in the Communication Technology, Mrs. Omobola Johnson; the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele; and the Director General, Nigerian Pension Commission, Mrs Chinelo Anohu-Amazu, have been confirmed to lead speakers at the 2014 annual investors conference being hosted by the FBN Capital, reports ITRealms.
FBN Capital Limited is the investment banking and asset management subsidiary of FBN Holdings Plc.
ITRealms recalls that this year is the 4th edition of its annual investor conference, holding on the 11th and 12th of November 2014 at the Federal Palace Hotel in Lagos, with the theme “Lifting the lid on emerging Nigeria”, which focuses on the recently rebased Gross Domestic Product (GDP) of Nigeria, and how investors and stakeholders could tap into the potential that this new data presents.
ITRealms gathered that also lined up to speak at the event is Dr. Anil Gupta, a scholar widely regarded as one of the world’s leading experts on strategy, globalization and entrepreneurship. He will be discussing his ideas on how Nigeria could handle the “too big to ignore” tag which comes with the elevated position the country finds itself in after the rebasing.
Dr. Gupta is ranked by Thinkers50 as one of the world’s “most influential living management thinkers” and is one of only three professors in the world to have been elected by his peers as a Lifetime Fellow of all three of the most prestigious bodies in the field – Academy of Management, Strategic Management Society, and Academy of International Business.
ITRealms recalls that Nigeria’s revised GDP for 2013 is currently N80.2 trillion (US$509.9 billion). This represents an increase of about 89% over the old GDP estimate for 2013, and the new GDP numbers paint a more realistic picture of the economy by showing that the Nigerian economy is more diversified than previously estimated or reported.
As said by the Managing Director of FBN Capital, Mr. Kayode Akinkugbe, “Over the last three years, we have explored key aspects of Nigeria’s economic evolution as it transitions from a frontier to an emerging economy. This year, we will consider how Nigeria can capitalize on the recent GDP rebasing which has propelled it to the position of the largest economy in Africa, and also shine the spotlight on previously under-represented fast-growing sectors of the economy which the recent rebasing has brought into focus.”
In 2014, FBN Capital was recognized as the Best Investment Bank in Nigeria for the third year running by Global Finance Magazine. It was also recognized in the World Finance Banking Awards as the Best Investment Bank in Nigeria and the EMEA Finance African Banking Awards as the Best Local Investment Bank in 2013.
+Remmy Nweke +Remmy Nweke (ITRealms) 

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Palmchat enters Nigeria app market

Palmchat, a multi-media messenger that enables friends to connect across all platforms, and make new friends in diverse fun-filled and exciting ways, has entered Nigerian application (app) market, reports ITRealms.

Head, Public Relations, Transision Holdings, Mounir Boukali, told ITRealms that Palmchat, which is an app currently trending in the social application space is expected to transform and create a major swept in the history of instant messaging technology. 

It is also predicted that all outdated Instant Messenger (IM) will be clearly phased out by social media apps that are more engaging, personal and comes with interesting features.

“Having used all the social application platforms we can find around, one can only ask for more and this is what Palmchat offers everyone; a cool new face of social instant messaging, personal and group chatting,” Boukali said.

The Head PR stressed that Palmchat offers really different features from those already in use. Pointing out that users’ could join any chat room of their choice, discussing a range of issues, from sports to romance, and even get discounts from online stores. 

“It enables you to share your cool pictures, music and recordings with your friends, getting in touch with them in private messaging” Boukali said.

Using location based services, Boukali said, Palmchat helps users link-up with friends within their neighbourhoods. 

He further told ITRealms in a press statement, “The ‘shake-shake’ feature gives you that instant experience. One new person pops up every time you shake your phone, and with this cute sound, a new contact is added” he explained.

ITRealms recalls that Palmchat is the IM app everyone should connect to experience instant messaging in a new way. The sign-ups have increased in thousands in recent times with millions of people coming unto the platform.   

 +Remmy Nweke (ITRealms) 

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Sunday, October 19, 2014

Return on Investment: US-DOE gives IDC 3-year grant

The United States Department of Energy's (DOE) Office of Science and National Nuclear Security Administration has awarded the International Data Corporation (IDC) a three-year grant to conduct a full study of Returns on Investments (ROI) in high performance computing (HPC), reports ITRealms.

Confirming this to ITRealms, the Marketing Manager at IDC for Middle East and Africa, Anulekha Shetty, said that the full study follows IDC's successful completion of a 2013 pilot study on this topic for DOE.

In the pilot study, Shetty told ITRealms tahat IDC created the first economic models for predicting ROI associated with HPC, both in the form of innovation and financial returns. IDC tested these models on over 200 real-world examples and went through four iterations of the models.

For the full study, the marketing manager noted, IDC will use the economic models to quantify and classify ROI from thousands of examples IDC collects.

Shetty quoted the Earl Joseph, Programme Vice President, High Performance Computing at IDC as saying that the macroeconomic model depicts how HPC investments result in economic advancements.

The innovation index provides, according to Joseph, is a means for measuring and comparing innovation levels among nations based on their levels of applying HPC computing resources toward scientific, technological, and economic advancement.

"Nations and companies around the world increasingly recognize that HPC contributes enormously to science, industrial competitiveness, national security, and the quality of human life," said Joseph, who assured the full study will more deeply quantify these contributions in relation to the investments that made them possible.

The predictive macroeconomic models will take into consideration how research and development investments are currently justified and how results are measured in each of the government, academic, and industry market segments IDC has closely tracked for more than two decades, Joseph said.

Also commenting, Steve Conway, Research Vice President, High Performance Computing at IDC said they are creating tools and data that governments, universities, and companies can use to help make future HPC funding and purchasing decisions.

"Our goal for this grant award is to refine the predictive models to ensure that they correlate well with real-world practices and with a wide range of sample data representing real-world innovations," he declared.

+Remmy Nweke (ITRealms)  @IDC
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ITU 19th Plenipotentiary: 50 ICT ministers gather in Busan, Korea

Estimated 50 Information and communication technology (ICT) Minister have arrived Busan, Korea for the International Telecommunication Union (ITU) 19th Plenipotentiary Conference (PP-14), just as they have issued ‘’Busan Declaration” reports ITRealms.

This, experts confided in ITRealms must be in recognition that ICT is the key catalyst that will enable countries worldwide to transform their economies and drive socio-economic progress as the PP-14 opens for the register public on Monday, October 20, 2014.

Arising from the Ministerial session, ITRealms gathered that the Minister on the eve of the opening of ITU’s 19th Plenipotentiary Conference (PP-14), stressed in the ‘’Busan Declaration’ that “fundamental goal of building an inclusive information society enabling everyone to create, access, utilize and share information and knowledge, and of attaining internationally agreed development goals and objectives”.

Also, ITRealms learnt the Declaration emphasizes the importance of digital inclusion, not just for people in developing countries yet to come online, but for marginalized and vulnerable groups such as women, children, low-income earners, indigenous peoples, the elderly and persons with disabilities.

Ministers are gathered in Busan, Korea for the 19th ITU Plenipotentiary Conference, which opens its doors to over 3,000 international delegates tomorrow, 20th October, at Busan’s BEXCO exhibition and conference centre, and runs until Friday 7 November.

 +Remmy Nweke @ITRealms +ITU #Plenipot14ITREALMS ... delivering news for ICT4D

THE LAST JOB - making Africa's 1st movie franchise


Born Ideh Chukwuma Innocent, also known as ONESOUL has been the brain behind a lot of Nigerian and other African artist's music videos. ONESOUL has made his mark in the music industry and now sets his sights on taking film making to another level

He has decided to make history by creating the first African movie franchise titled THE LAST JOB which took him about five years to create. Production will commence in November 2014 and this will be history in the making….it will change the phase of African film making industry.

Enjoy this momentary film as ONESOUL takes us through the journey so far in creating the first movie franchise in Africa... enjoy!



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