" ITREALMS: GITEX 2015: Convergence is redefining innovation world - Experts

Monday, October 19, 2015

GITEX 2015: Convergence is redefining innovation world - Experts

Information and Communication Technology experts at the 35 GITEX have observed that constant emergence of convergence forces have redefined the innovation world, ITRealms report.

Leading the pack of experts in this proposition is the Vice President of Alibaba Group, Mr. Sicheng Yu, who dwelt on this at the first session on 'The Future of Innovation and the Converging Forces of Change.'

Mr Yu said the world is currently experiencing a number of converging forces that will both rewrite the rules of business and redefine the world of innovation.

“Each of these driving forces has the potential of blindsiding us if we do not spend time crafting stories about the world to come," he warned.

He also called on all stakeholders to take advantage of the Internet of Things, noting it have become disruptive technologies.

The technology of IoT, Mr. Yu noted, would in the future, help cars to communicate with each other on the roads and assist a great deal in decongesting traffic on our roads.

More innovations, he said, are being developed daily and enjoined countries within the Middle East and Africa to grab this opportunities with two hands rather than waiting to leapfrog.

This, he said, could be done through the promotion of big data, cloud computing and the internet.

“We are already experiencing increase in the demand for big data services across the globe but big data cannot work effectively, without cloud computing that is largely driven by the internet,” Yu said.

At Alibaba, he said, they would continue to use their platforms to ensure system and applications work faster for small and medium enterprises (SMEs), so as to design business efficiency capable of reducing cost of doing business.

For the Chief Technology Officer, Accenture, Mr. Paul Daugherty, whose theme was on 'Transformation in the Digital Business Era,'  pointed out that the global companies are reimagining and strategically transforming into digital businesses in order to achieve internal efficiencies, external growth and return to the role of disrupters.

Daugherty underscored the need for digital transformation across globe, stressing that the world needs three mega trends that will shape businesses.

These trends, he said, comprise connected world, data connectivity, intelligence and automation, emphasizing that over 3.5 billion people were already connected to the internet, but this figure is expected to double very quickly due to clamour for access through innovations that leverage IoT technologies.

ITRealms recalls that Nigeria through the National Information Technology Development Agency (NITDA), the government agency responsible for the implementation of Information Technology (IT) policy in the country has assembled a delegation made up of public and private sector players within the ICT sector.

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