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Maximizing IT as Business Enabler

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Bola Adisa
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The era of running your business with “GUT FEEL” or Speculations is going extinct in Nigeria. Neither will “Peer Pressure” effect of everyone is doing it so I must do it be any beneficial to any business.

Every business, small or big, need proper intelligence to fuel strategy to advance the business.

The influence of Information Technology (IT) and market opportunities on business and its effect on emerging small businesses is something for most business to give attention to. Information Technology (IT) has grown to be an essential component of any firm’s strategy in the market place.

Information Technology has shown to be a transformation agent. Here, new technologies enable firms to radically transform their business, sometimes creating something that is unrecognizable as deriving from the former business.

The truth is, any business that is not embracing technology as a business enabler is doing business at its own peril.

Everyone will agree that business productivity can be traced to an organization’s ability to successfully execute on overall strategy.

If execution of strategy is the key to a successful business — what are the steps to increasing your business productivity for greater execution on your strategic goals?

How do you know your business alignment and people performance are working at optimal levels to maximize business productivity resulting in the best possible results?

This is where information technology comes in. Information technology provides the bridge between strategy, execution and performance.

Using technology to maximize your business productivity creates the platform to realize true business success.

However organizations need to understand their own DNA and strategy, and with that know for certain when, how and where to use IT to leverage the business for optimal performance.

Information Technology should be a business success enabler, but we’ve seen that in recent times that IT departments are more of a cost center for many organization than business success enabler.

The cost of IT not commensurate with the value it delivers. Should it be so?

I strongly believe that there should be a science to what and how technology can be used to enhance which business process for maximal performance.

I also believe the very first question businesses should ask before spending money or time on technology is, “why am I doing this?” If there is not a core business benefit to be gained, why do it in the first place?

For IT to be maximized as a business enabler, business managers should invest time and money to answer the following:

1.      Why is the technology needed and for which business process?

2.      How much, comparatively in size and industry specificity, does go into IT spend in a financial year?

3.      What costs should be considered to be part of your IT budget? These costs are broken down into several categories:

 Initial cost – hardware and software, and training

 Ongoing cost – maintaining systems, including licenses for proprietary software, hosting, and support.

 Upgrade cost – cost of upgrades, and expected lifespan of systems/frequency of upgrades.

 Value proposition – how much employee time will the system save? How much new business could the system generate?

 Opportunity cost – how much potential revenue is lost by not implementing a system? What are your competitors doing in this area?

 Risk – what are the risks of a particular system? What does it cost to mitigate those risks?

4.      Where should you be spending the IT budgets? Should you spend most of your technology budget on infrastructure, hosted applications, custom line-of-business applications, or what? The answer to this depends a lot on your industry, but even more on your specific business.

5.      When should you spend on technology and to what extent? Technology has a cost not just in dollars, but also in the time you and your employees need to spend adapting to it.

6.      Who? You need to decide who to help you implement technology in your business. Will you do it yourself? Do you purchase an off-the shelf product? Do you use free software? Do you hire a programmer to create a custom system? Do you use a hosted system? Do you hire a consultant to help?

In conclusion, a strong plan for use of technology should be a part of every business plan, and re-evaluated whenever taking a strategic look at a business. Technology is both a cost of doing business, and an opportunity to do more business.

I think it’s time for CIOs and business managers to take a step back and look at the big picture of technology in business.

Bola Adisa is an IT Business Analyst based in Lagos Nigeria. He currently leads the West Africa sub-region, out of Lagos Nigeria, for a premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications and consumer technology markets.


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E-Business

Report Shows Start-ups Fuel Innovations in Africa

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Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”

The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.

Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.

The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.

Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.

South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.

Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.

According to Bloomberg, a defining theme this year is the source of funding.

Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.

International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.

The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.

Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.

Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.

She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.


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NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

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Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

NDPC

The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.

Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer,  NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.

The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”

Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.

According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.

He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.

“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.

Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.

He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.

According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.

Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.

He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.

According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.

Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.


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Anthropic Raises $65 Bn to Expand AI Research, Innovation

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Anthropic, artificial Intelligence company, has said that  it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

Anthropic Raises $ 65 Bn to Expand AI Research, Innovation

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.

Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.

The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.

Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.

The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.

Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.

Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.


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