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Friday, December 19, 2014

BlackBerry revenue continues to nose-dive



BlackBerry has reported lower revenue for the period ending 30 November 2014, reports ITRealms, although it managed to reduce its net loss for the period.

ITRealms gathered the company reported a Generally Accepted Accounting Principles (GAAP) net loss of $148 million about N27742600000.00, including a $150 million non-cash charge associated with the fair value of debentures and a pre-tax restructuring charge of $5 million.

According to MobileWorldLive, the loss was less than the prior quarter’s $207 million, and considerably lower than the $4.4 billion loss in the equivalent quarter in 2013. The company did however achieve a non-GAAP profit of $6 million.

Revenue was $793 million, which was down from $1.19 billion in Q3 FY2014 and the $916 million reported in the previous quarter.

Around 46 per cent of revenue was from hardware, 46 per cent from services and 8 per cent from software and other revenue. Revenue was recognised on two million BlackBerry smartphones.

When discussing the revenue in the company’s results call, CEO John Chen said “to us it’s not satisfying”.

As well as reducing its loss, the company reported positive cashflow ($43 million) for the first time in two years. “We achieved a key milestone in our eight quarter plan with positive cash flow,” Chen noted.

He added that the company’s focus is now on expanding distribution and driving revenue growth: “It is my belief that we can grow and stabilise the company’s revenue in 2016. Sustainable profitability can only come from revenue growth and that is certainly our intention,” he said.

Chen said the company worked to clear its inventory of old devices during the quarter, reducing it by 93 per cent year-on-year. This will help the company drive uptake of its newer devices including the Passport and recently-unveiled Classic (pictured).

“We have a pretty strong device roadmap going forwards and we will discuss this at Mobile World Congress,” Chen noted.

The company said it continues to anticipate maintaining its strong cash position while looking for opportunities to “prudently invest” in growth.

One area of investment is the Internet of Things (IoT): “I believe the investment we made in our technology portfolio, as well as investment in infrastructure, will serve to make us the most complete and integrated platform in the industry for managing IoT devices,” Chen claimed.

The company also announced it has completed the acquisition of voice and data encryption company Secusmart, a deal first announced in July.

Outside headline: story is by Tim Ferguson/MWL
 

ITREALMS ... delivering news for ICT4D

Pix: Chen of Blackberry displaying BB classic recently

CS2 to present framework on knowledge-base to NITDA




Plans have been advanced for the presentation of a Framework for building a knowledge-based nation by Consultancy Support Services (CS2) on Tuesday, December 23, 2014 to the National Information Technology Development Agency (NITDA), ITRealms can now report.

Confirming this development to  ITRealms, the executive chairman, CS2, Alhaji Abdulkarem Ajijola, said that all is now set for the presentation, which is expected to herald a new agenda in electronic education in the country.

He also stressed that the presentation would centre on the use of Information and Communication Technology (ICT), focusing on women and youths.

“We are presenting a Framework for Building a Knowledge-Based Nation through ICT focusing on women and youths, to National Information Technology Development Agency (NITDA) on Tuesday 23 December 2014,” he declared.

ITRealms recalls that NITDA, was established to create a framework for the planning, research, development, standardization, application, coordination, monitoring, evaluation and regulation of Information Technology (IT) practices, activities and systems in the country.
 

While Consultancy Support Services (CS2) Limited, is an organisational development, support, management and Information Communications Technology (ICT) consulting firm that provides solutions that help client's to confidently investigate, explore, establish and capitalise on business and other opportunities in West Africa, especially among public, private and civil society. 

@Remmy Nweke #NITDA +Remmy Nweke (ITRealms)
 
ITREALMS ... delivering news for ICT4D

New conformity database, key enabler for e-Health market says ITU


DigitalSENSE Business News:


The International Telecommunication Union (ITU) has launched the Information and Communication Technology known as ‘ICT product conformity database’ to provide the industry with a means to publicize the conformance of ICT products and services with ITU-T’s international standards, reports DigitalSENSE Business News

ITU also told DigitalSENSE Business News that electronic health (e-Health) products covering 23 classes of technology have been volunteered for inclusion in the database at its launch.

This, DigitalSENSE Business News gathered would assist buyers in their efforts to select standards-compliant products.

Equally, DigitalSENSE Business News reports that the new database showcases ICT products and services found to comply with ITU-T standards by conformance tests carried out by third-party test labs. 

The e-Health devices, DigitalSENSE Business News reports populated the database were tested for compliance with the specifications of Recommendation ITU-T H.810 “Interoperability design guidelines for personal health systems”, based on a key standard approved in December 2013, which contains the Continua Design Guidelines. 

DigitalSENSE Business News further gathered that the recently issued Continua 2014 Design Guidelines were adopted to ITU specifications and feature interface between personal area network (PAN), local area network (LAN) and touch area network (TAN) health devices and application hosting devices (AHDs) including NFC (near-field communication), USB and Bluetooth Smart Technology (Low Energy); and consent enforcement via wide area network (WAN) and Health Record Network (HRN) health devices.

By Chuks Egbuna:

+Remmy Nweke +ITU +Remmy Nweke (ITRealms)
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Tuesday, December 16, 2014

2015 Elections will not break up Nigeria – Info Minister




The supervising Information Minister, Dr. Nurudeen Muhammad has dispelled fears being over 2015 general elections and its possible outcome, which has been largely rumour to create events capable of leading to break-up of Nigeria, reports ITRealms.

Speaking in Abuja at the opening the 45th meeting of the National Council on Information with the theme “Strategic Information Management for Credible and Peaceful Elections” he said that as they supervise the political discourse leading to the general elections, they should strive to eliminate hate speeches, violent languages and incitement to violence in their programmes, news and commentaries to ensure peace and national cohesion during and after the elections.

Confirming this to ITRealms, the press secretary to Minister, Mr. Joseph Mutah quoted Dr. Muhammad as telling the Council, comprising Information Commissioners, heads of media organisations, and other stakeholders in the media, that 2015 general election is not about war.
“As public information managers, we must strive to build understanding, while dispelling misconceptions, suspicion, and fear.  The 2015 general elections are not about war, and Nigeria is not about to break up. We are one country and will remain so after the 2015 elections,” Muhammad said.

The Information Minister who harped on the need for balance, fairness and objectivity in news reportage, frowned at interference by some owners of media houses in the operations of the media to further their political interest and shut out the opposition.

“I am not oblivious of the maxim that who pays the piper dictates the tune. This comes into bold relief on occasions when some public information managers black out stories about opponents of the government in power in the environment.  Sometimes state-run media decline to accepts adverts from the opposition, even when such promotional materials are fully paid for”.

The Minister therefore called for change of attitude among some media managers and strict adherence to the Code of Conduct to guard against rancour and acrimony in the electioneering. 

He also directed the National Broadcasting Commission to sanction stations found infringing on the Broadcasting Code.

“Public information managers must also remain vigilant about attempts by some politicians to manipulate them.  Elections are not just about politicians. Elections also involve crucial questions about our collective future, and in whose hands the electorate would like to commit. It is important, therefore, that as we nurture our democracy through periodic elections, we should attempt to steer political discourse to issues that have potentially meaningful impact for the electorate”.

He charged the Information Managers to complement the Independent National Electoral Commission in voter education to ensure the overall success of the elections.

In a message to the occasion, the Chairman of INEC, Prof. Attahiru Jega said security remained a challenge ahead of the Commission preparatory to the general elections.

Represented by Dr. Chris Imoga, National Commissioner Information and Voter Education Committee, the INEC Chairman decried the situation whereby the Commission is being joined in court cases instituted by aspirants claiming irregularities in the conduct of party primaries and said political parties should always promote internal democracy and spare the Commission from needless litigations.

The INEC Chairman hailed the success recorded in the distribution of the Permanent Voters’ Cards across the country, and sought for collaboration of the media for the overall success of the general elections.

 
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