E-Business

Industry 4.0: Oracle Shows How ‘Rise Of Machines’ Is Driven By Cloud

Published

8 years ago

September 13, 2016

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The technologies defining the‘Fourth Industrial Revolution’, more commonly referred to as Industry 4.0, are being powered by cloud infrastructures.

TheOracle Cloud: Opening up the Road to Industry 4.0 report has found that from robotics to artificial intelligence, businesses view the cloud as a blank canvas upon which to build their innovation strategies.

The research investigated how companies in EMEA are managing the transition to Industry 4.0 and sheds light on which technologies they are investing in to continue succeeding in the data-driven age.

The majority of businesses are currently implementing, or plan to implement, new innovation strategies:

62% have or plan to implement robotics technology60% have or plan to work with Artificial Intelligence

Most companies also recognize a cloud infrastructure is required to bring these technologies to life – 60% believe an enterprise cloud platform provides theopportunity for organizations to capitalise oninnovation such as robotics and artificial intelligence.

Encouragingly, a large majority of businesses are on course with their plans to establish a single integrated cloud model across their organization.

While only 8% currently have an integrated cloud model in place that works for legacy applications and new platforms, 36% say they are implementing one this year andanother 40% expect to do so in 2017. Only 5% have no plans in place to make this transition.

Pascal Giraud, Senior Director IaaS Foundation & Cloud Platform Oracle EMEA, said: “Despite an uncertain economic climate, businesses understand that at the speed of today’s market a first-mover advantage has never been more valuable. Some of the world’s most successful companies, including Uber and Airbnb, were founded at the peak of the financial crisis. This just goes to show that opportunity never sleeps.

The dawn of Industry 4.0 is seeing companies fall into either an innovation fast lane or slow lane, and the rise of integratedcloud infrastructures has made it cheaperand easier for businesses to outpace thecompetition.”

Tim Jennings, chief research officer at Ovum, said: “As businesses continue the process of digitization, they require a flexible and scalable digital infrastructure to underpin this change. An integrated cloud platform that delivers both infrastructure services and platform services enables enterprises to quickly develop new business solutions, taking advantage of new digital technologies such as artificial intelligence, big data and the Internet of Things.”

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E-Business

Study Reveals Software Programmers to make Full Use of AI Code Assistants

Published

1 day ago

April 16, 2024

Chike Onwuegbuchi

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Gartner predicts that by 2028, 75 percent of enterprise software engineers will use Artificial Intelligence (AI) code assistants, up from less than 10 percent, currently.

According to a Gartner poll of 598 global respondents conducted in the third quarter of 2023, 63 percent of organisations are now testing, deploying, or have previously implemented AI code assistants.

AI code assistants provide for more capabilities than only code development and completion, notes the research firm.

According to Gartner, the use of AI code assistants can lead to higher work satisfaction and retention, resulting in lower turnover costs.

Philip Walsh, senior principal analyst at Gartner, comments: “Software engineering leaders must determine ROI and build a business case as they scale their rollouts of AI code assistants.

“However, traditional ROI frameworks steer engineering leaders toward metrics centred on cost reduction. This narrow perspective fails to capture the full value of AI code assistants.”

Gartner notes that software engineering leaders must “reframe the ROI conversation from cost reduction to value generations”.

Walsh adds: “Calculating time savings on code generation is a good place to begin building a more robust value story. To convey the full enterprise value story for AI code assistants, software engineering leaders should connect value enablers to impacts, and then analyse the overall return to the organisation.”

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E-Business

New National ID Card to Be Issued Via Banks- NIMC

Published

2 days ago

April 15, 2024

Comms Week

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National Identity Management Commission (NIMC) has said that the planned national ID card will be issued to applicants by their banks.

NIMC said it is working with the Nigerian Interbank Settlement System (NIBSS) to deliver the cards to applicants.

“The card will be issued through the applicants’ respective banks in line with existing protocols with the issuance of the Debit/Credit cards,” the agency said at the weekend update on its official X handle.

KEY FACTS ABOUT THE PROPOSED NEW GENERAL MULTIPURPOSE NATIONAL IDENTITY CARD

The new National ID Card is a single, convenient, and General multipurpose card (GMPC) , eliminating the need for multiple cards—not three.
The single GMPC has multiple use cases:…

— NIMC (@nimc_ng) April 12, 2024

It said applicants need to request their cards with their NIN “through the self-service online portal, NIMC offices, or their respective banks”.

“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS,” NIMC said.

“The card can be picked up by holders at the designated center or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” the update read.

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E-Business

NIMC Makes Clarifications on AfriGo, New National Domestic Card Scheme

Published

4 days ago

April 13, 2024

Comms Week

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National Identity Management Commission (NIMC) has said that the new national Identity card, powered by AfriGo Card, is a single card with multiple services.

NIMC made the clarification against the confusion and criticisms that have trailed the AfriGo Card , touted as a National Domestic Card Scheme.

NIMC is launching the AfriGo Card, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), and has had appointed SecureID, a Lagos headquartered company to manufacture the Card Scheme

Making clarification on the card, Kayode Adegoke, head of Corporate Communications of the NIMC, said the General multipurpose card (GMPC) will eliminate the need for multiple cards.

“The new National ID Card is a single, convenient, and General multi-purpose card (GMPC), eliminating the need for multiple cards—not three.

“The single GMPC has multiple use cases: Payments/Financial, Government intervention/services, travel, etc.

“The National Identity Management Commission is working with the Central Bank of Nigeria and the Nigerian Interbank Settlement System to deliver the payment and financial use cases.

“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS. Applicants for the card will have to request with their NIN through the self-service online portal, NIMC offices, or their respective banks.

“The card will be issued through the applicants’ respective banks, in line with existing protocols with the issuance of the Debit/Credit cards.

“The card can be picked up by holders at the designated centre or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” he said.

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