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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