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SAP Business One Solution Displayed at LEAP Africa CEOs Forum

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SAP West Africa in collaboration with one of its partners, Hartford Green Consulting showcased the SAP Business One Solution at the 10th Leap Africa CEOs Forum, which held in Lagos during the week.

A recognized annual event in the Small Medium Enterprise circle, the forum attracts over 800 guests annually including SME founders, captains of industries, CEOs and Managing Directors drawn from different sectors of the economy and public sector officials.  The theme of this year’s forum was Staying ahead: Maximizing Profits and Mitigating Risk.

The Forum initiated in 2005, brought together entrepreneurs, CEOs of top corporations and indigenous companies, risk management experts from different sectors as well as local and international speakers to share knowledge and insights that will equip entrepreneurs to build sustainable local businesses that continue to yield value for generations.

Explaining the rationale for participating, Kelechi Nwosu, channel director, SAP West Africa, said: “In this era of trade globalization, organizations are constantly seeking ways to improve performance and remain competitive.  SAP is a global leader in Enterprise solutions delivery and has over the years worked with organizations of different sizes to become more innovative, this has helped redefine the competitive landscape and also help them run better.”

“We recognize that SMEs play an important role in the growth and development of every economy and are committed to supporting the growth of this sector in Nigeria working with our partners.  SAP offers best in class solution for SMEs and Enterprises alike.  Our alliance with Leap Africa is a justification of our commitment to make a difference in the SME space.  The best run businesses run SAP,” he added.

The SAP Business One application is business management software that caters to small and mid-sized businesses.

A complete and customizable solution, the single, integrated solution provides clear visibility into the entire business and complete control over every aspect of business operations.

It captures all critical business information for immediate access and use company-wide.

Unlike accounting packages and spreadsheets, it delivers what is needed to manage key business areas such as accounting and finance, sales and customer management, purchasing and operations, inventory and distribution, reporting and administration.

SAP Business One is designed with flexibility in mind because every business is different.  Whether it is deployed in the office or in the cloud, it can be accessed from the road using SAP Business One mobile app. 

What’s more, employees can start using it from day one.  And as the business grows, you can customize and extend SAP Business One to meet your evolving needs.

Ade Adenuga, managing partner, Hartford Green Consulting said, “The SAP Business One application offers an affordable way to manage your entire business – from sales and customer relationships to financials and operations.  Designed specifically for small businesses and sold exclusively through SAP partners like Hartford Green Consulting, it helps you streamline processes, capture all of your business information in a single, scalable system, act on timely information and drive profitable growth.”

He added that the SAP Business One application is trusted by over 47,000 companies in 150 countries and can be deployed on premise or in the cloud in as little as 2 to 8 weeks.

The Forum provided CEOs of SMEs with practical tips for organizational growth and sustainability, foster sharing of best practices in entrepreneurship, enable SMEs identify and mitigate risks to promote business growth and provide networking opportunities for partners, sponsors, invited guests and participants – to interact and discover prospects and challenges for SME growth and development.

Earlier in his keynote address at the forum, Dharnesh Gordon, managing director, Nestle Nigeria PLC said Nigeria has very creative entrepreneurs with a passion to win, and warned that a crisis is a terrible thing to waste if the entrepreneur cannot learn from it, because business is about learning.

He urged entrepreneurs to continue to innovate as a new way of doing business lies in the innovation process.  “Crisis and risk is exactly what life is about. You have to continue to innovate and in the innovation process is a new way of doing business.  Embracing risks should be the DNA of every entrepreneur, so embrace it as an opportunity to learn.”

Abubakar Suleiman, executive director, Finance and Strategy, Sterling Bank in his presentation on managing financial and currency risks in the Nigerian and global business landscape, said, “The world is now a global village and there is a growing contagion of risk of international development on local or national businesses,’’ and charged entrepreneurs to always seek advice on issue of foreign exchange as recent currency devaluation and rising interest rates have grave implications for the business sector.

Speaking on importance of insurance and other formal risk mitigation strategies in protecting businesses, Oluwole Oshin, founder and managing director, Custodian and Allied Insurance Plc, explained that insurance transfer or shared risk could make the difference between a growing concern and bankruptcy, while emphasising, “ As SMEs, you cannot do much without transferring your risks’’.

Other renowned speakers such as Clare Omatseye, managing director/chief executive officer, JNC International and President, Healthcare Federation of Nigeria, Adepeju Adebajo, Managing Director at Lafarge Cement Wapco Nigeria, amongst others spoke at the event.

These presenters with key insights spoke on handling financial management and currency risks in the Nigerian and global business landscape, managing supply chain, operations and sales risks in Nigerian business landscape, importance of insurance and other formal risk mitigation strategies in protecting businesses as well as building a culture of risk management: thinking one step ahead.

Since its launch in 2005, the CEOs Forum is reputed as a platform for exposing business owners to the importance of succession planning, instituting effective systems, structures and ethical leadership within their organizations to ensure long term sustainability.

To date, the CEOs Forum which fosters the exchange of ideas and best practices, has attracted over 3400 business owners, chief executives, directors, managers, as well as leaders in the public and non-profit sectors.

SAP is the world leader in enterprise applications in terms of software and software-related service revenue.

With a 43-year history of innovation and growth as a true industry leader, we are the world’s third largest independent software manufacturer based on market capitalization.

Hartford Green Consulting, on the other hand, has been an acredited SAP Channel Partner since 2008, and has delivered SAP projects for organisations in virtually all sectors and industry verticals including Oil & Gas, Defence, Public Sector, and Financial Services.

Hartford has a specialist team delivering successful SAP Business One projects to the Nigerian SME sector to build value, manage risk and improve performance…

 


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TikTok Picks Oracle to Provide ‘Secure’ Cloud Tech

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Enterprise software giant Oracle announced that it has been chosen to become TikTok’s “secure” cloud technology provider.

According to Oracle, this technical decision by TikTok was heavily influenced by Zoom’s recent success in moving a large portion of its video-conferencing capacity to the Oracle Public Cloud.

Oracle’s announcement comes after TikTok parent ByteDance last week said it will not be selling the video-sharing app’s US operations to software giant Microsoft.

This after US president Donald Trump signed an executive order on 6 August, blocking all transactions with ByteDance in an effort to address “national emergency” issues.

On 14 August, the US president issued an order that gave ByteDance 90 days to divest the US operations of TikTok.

Since then, US companies such as Microsoft and Oracle have been lining up as potential buyers for the popular short video app.

As the trade war between the US and China rages on, the US government has accelerated its efforts to purge Chinese apps and technology companies that it deems untrustworthy.

Trump and his administration raised national security issues, alleging the Chinese-owned company will share sensitive user data with the Chinese government.

“TikTok picked Oracle’s new Generation 2 Cloud infrastructure because it’s much faster, more reliable, and more secure than the first generation technology currently offered by all the other major cloud providers,” says Oracle chief technology officer Larry Ellison.

“In the 2020 Industry CloudPath survey that IDC recently released where it surveyed 935 infrastructure-as-a-service (IaaS) customers on their satisfaction with the top IaaS vendors including Oracle, Amazon Web Services, Microsoft, IBM and Google Cloud…Oracle IaaS received the highest satisfaction score.”

“As a part of this agreement, TikTok will run on the Oracle Cloud and Oracle will become a minority investor in TikTok Global,” says Oracle CEO Safra Catz.

“Oracle will quickly deploy, rapidly scale and operate TikTok systems in the Oracle Cloud. We are 100% confident in our ability to deliver a highly secure environment to TikTok and ensure data privacy to TikTok’s American users, and users throughout the world.

“This greatly improved security and guaranteed privacy will enable the continued rapid growth of the TikTok user community to benefit all stakeholders.”


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Inq. Acquires Vodacom’s Business in Nigeria, Others

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inq. Holdings Limited, artificial intelligence service provider, has acquired Vodacom Business Africa’s operations in Nigeria, Zambia and Cote d’Ivoire.

Inq. Acquires Vodacom’s Business in Nigeria, Others

It plans further acquisition in Cameroon subject to regulatory approvals.

Mr. Valentine Chime, managing director, inq. Holdings Limited, said the 100 per cent acquisition of the Vodacom Business Africa’s operations in the three countries was in pursuit of the company’s dream of building pan-African network that will help in creating better future through digital solutions.

Domiciled in Mauritius, inq. Holdings Limited is a subsidiary of Convergence Partners Communications Infrastructure Fund, a fund dedicated solely to communications infrastructure and related services and technologies across Sub-Saharan Africa (SSA).

Formerly known as Synergy Communications, the latest acquisition has grown inq.’s regional footprint with operations in 12 cities in seven countries across Africa. It has existing operations in Botswana, Malawi and South Africa with an additional investment in Mozambique.

“Under the inq. banner the company will embark on the next phase of building a unified Pan-African cloud and digital service provider, bringing to market a very relevant suite of next generation technology solutions in the fields of Edge AI, SD-WAN/NFV and Cloud,”Chime said.

According to him, with operations in major African cities of Lagos, Abuja, Port Harcourt, Kano, Gaborone, Lusaka, Ndola, Blantyre, Lilongwe, Mzuzu, Abidjan and Johannesburg, the inq. team prides itself on global best practice methodologies customised to local customs in each of the 16 cities, covering different sectors including banking, oil and gas, fast moving consumer goods, mining, health, real estate, information technologies, public sector and logistics.

“Covid-19 has accelerated digital transformation, and inq. is perfectly positioned to deliver intelligent connectivity through seamless delivery of cloud and digital services and  technologies to our clients. We are about simpler, seamless solutions,” Chime said.

 

 


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HP Lauds TD Africa, Says Tech Experience Centre will Unlock New Wave in Nigeria

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As Nigeria looks forward to the official launch of the Tech Experience Centre, globally renowned tech giant, Hewlett Packard Inc. (HP) has heaped praises on the management of TD Africa for spearheading the project, noting that the centre will herald a new technological wave in Nigeria.

This was disclosed by Ife Afe, managing director – Nigeria and District Manager – Central Africa (CAF).

Equally important, HP is one of the global Original Equipment Manufacturer (OEM) that will be represented in the Tech Experience Centre located within Yudala Heights at 13 Idowu Martins, Victoria Island, Lagos.

Consequently, Afe has expressed delight with the development, even as she disclosed that the launch of the centre will bridge the gap to complete technology adoption for millions of Nigerians.

She said: ‘‘I do believe Nigerians are early adopters of new and exciting technology. Having a dedicated space where people can view and experience cutting-edge technology across rich and diverse portfolio is an important step towards complete Adoption.

‘‘Technology is about transformation. This tech centre will serve as a bridge, taking people from the imaginative stage to the experiential stage, thereby unlocking a new technological wave.

“I am very glad that TD Africa is taking this bold step and I look forward to the great collaborations that will flow out of this initiative.’’

Furthermore, the HP Senior Management Executive reiterated the strong interest in Nigeria by the tech brand.

‘‘We are strong believers in the Nigerian project and the boundless potential inherent in the population when exposed to cutting-edge technology.

“We also value the foresight and vision of our long-time partner and co-developer – TD Africa. We are proud of this project and are confident of its success and positive impact not just in the sphere of business but also in human capital development,’’ Afe enthused.

On what to expect from HP in the Tech Experience Centre, she revealed that a lot is in store for every visitor.

‘‘HP is in the business of making life better for everyone, everywhere, hence revolutionary innovation in Health care, Security, Gaming and Printing Solutions will be showcased in the Technology Centre.  Cutting- edge, sustainable, diverse and relevant innovation in technology.

‘‘This brings technology closer to home. I believe that the ambience of the Tech Centre will cater to a wide spectrum of users: CEO’s, Government officials, entrepreneurs, tech enthusiasts, students, gamers etc. It will be the crucial meeting point of people and technology.

“Our wide spectrum of products and solutions will cater to all demographics – from first time users to specialists, professionals, gamers to moviemakers, work or play,’’ she affirmed.

The revolutionary Tech Experience Centre, the first of its kind in Africa, is set for launch on Thursday, October 1st 2020, incidentally the occasion of Nigeria’s 60th Independence Anniversary by 12noon, with the launch streamed live online for the benefit of tech enthusiasts.

Expected to officially commission the centre is the Minister of Communica99tions and Digital Economy, Dr. Isa Ali Pantami.

The Tech Centre is widely expected to boost Nigeria’s relevance in the global technology race and shore up the country’s march to technology independence.

For the first time, Nigeria will play host to the latest global technologies including those not normally available in Africa, offering all classes of visitors a first-hand experience of new gadgets, solutions and infrastructure that would have previously required a visit abroad, thereby saving corporate organizations, government establishments and individuals money or scarce foreign exchange expended on these trips.

 

 


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