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Customer Experience The Benefits of Artificial Intelligence for Nigerian Businesses

In 1940s, it was demonstrated that computers can be programmed to carry out very complex tasks. Not at any time was it envisaged that something else,

In 1940s, it was demonstrated that computers can be programmed to carry out very complex tasks. Not at any time was it envisaged that something else, not even a machine, could come up to completely perform tasks associated with intelligent beings. Today, every Nigerian company is trying to identify newer ways to boost consumer engagement and profitability to align with changes in consumer behavior. Businesses typically use a conversational AI platform to connect with consumers in realtime on popular messaging, voice, and video channels via chatbots. Consumers can pose questions, complete a purchase, or even avail of service and support via WhatsApp, Facebook Messenger, Android Messages, and other messaging channels. Gupshup was created to help businesses and consumers connect through meaningful twoway conversations. Read More..

B2B Tech News | 2 years ago          

Cost of living warnings and interest rate hikes will have catastrophic consequences

More Australians are likely to face losing their homes and falling into bankruptcy, an expert has warned. Malcolm Howell, the partner at insolvency fi

More Australians are likely to face losing their homes and falling into bankruptcy, an expert has warned. Malcolm Howell, the partner at insolvency firm Jirsch Sutherland, said there had already been a rise in personal bankruptcies but predicted a significant increase in the next 18 months. He said surging prices for groceries, power, gas, and petrol would all place pressure on Australians, particularly those with young kids. But Australians are also at risk of losing their family home, although Mr. Howell acknowledged that banks are scared to pull the trigger and will do everything in their power to prevent people from defaulting. Read More..

B2B Tech News | 2 years ago          

The Philippine central bank makes an astonishing 75 basis point rate hike

The central bank of the Philippines raised interest rates by 75 basis points on Thursday July 14th in a surprise offcycle move. It brings the key over

The central bank of the Philippines raised interest rates by 75 basis points on Thursday July 14th in a surprise offcycle move. It brings the key overnight borrowing rate to 3.25 percent effective Thursday, its governor Felipe Medalla said. The move comes ahead of the BSPs regular monetary policy meeting on August 18 and follows two backtoback rate hikes of 25 basis points each in May and June. Inflation in the Philippines rose to its highest level in nearly four years in June and is expected to remain high. Singapores central bank also tightened its monetary policy on Thursday, also in an offcycle move, as the citystate joins other countries ramping up efforts to control price pressures. Read More..

B2B Tech News | 2 years ago          

Googles Italian competition watchdog is investigating data portability

The competition watchdog AGCM in Italy has opened an investigation into Google for alleged abuse of its monopoly in data portability. According to AGC

The competition watchdog AGCM in Italy has opened an investigation into Google for alleged abuse of its monopoly in data portability. According to AGCM, Google allegedly made it more difficult for apps like Hodas Weople, developed by an Italian operator, to work along with other platforms. If found guilty, Google might be fined up to 10% of its yearly global sales in Italy. A group representative issued the following comment via email These are tools designed to assist consumers manage their personal information, and not offer other organisations or middlemen access to more data to sell. Read More..

B2B Tech News | 2 years ago          

According to SDMs 2022 report, Allied Universal Technology Services stands fourth largest company in North America

The SDM Top System Integrators report classifies companies based on revenue from North American systems integration, including design, project managem

The SDM Top System Integrators report classifies companies based on revenue from North American systems integration, including design, project management, product, installation, programming, commissioning, and training. This is the third consecutive year that Allied Universal has risen in the rankings from year to year and entered the Top 10 of the report. Allied Universal Technology Services offers customized solutions, from situational awareness platforms and threat information to remote video monitoring and alerts to integrated commercial security systems Read More..

B2B Tech News | 2 years ago          

Suez Canal technology regulator reported a profit of $ 27.4 million in nine months

The Suez Canal Technology Authority reported consolidated revenues of approximately EGP 517 million $ 27.4 million for the nine months ended May 31. C

The Suez Canal Technology Authority reported consolidated revenues of approximately EGP 517 million $ 27.4 million for the nine months ended May 31. Consolidated profit fell by EGP 519 million compared to the same period last year, according to a financial report submitted on Monday to the Egyptian Stock Exchange. SCTS is a limited liability company that provides educational services based in Egypt. The company owns and operates Kazan University in Kazan, near Cairo. Read More..

B2B Tech News | 2 years ago          

Redefining Africas EFuture Commerces

In June 2012, Jumia launched its ecommerce business in Nigeria from a single office location on Wole Olateju Crescent in Lekki, Lagos. Today the onlin

In June 2012, Jumia launched its ecommerce business in Nigeria from a single office location on Wole Olateju Crescent in Lekki, Lagos. Today the online digital trade has redefined online business in Africa, with Nigeria offering the best and most robust selling locations across Africa. For ten busy years, it has been an unbroken story of constant learning, improvement, iteration and ultimately, groundbreaking success and market leadership. Jumia was the first ecommerce company in Nigeria to figure out that this model only did not work, and the company rapidly pivoted to the nowprevalent marketplace model. Under the new model, which it pioneered in Africa, Jumia acts as a broker connecting sellers and buyers on a secure, trusted platform that also collects payments on behalf of sellers. Read More..

B2B Tech News | 2 years ago          

China allocates 7.2 trillion yuan to support Xis infrastructure push

China is making 7.2 trillion yuan S $1.5 trillion in funds available for infrastructure spending. The figure refers to governmentbacked funds Preside

China is making 7.2 trillion yuan S $1.5 trillion in funds available for infrastructure spending. The figure refers to governmentbacked funds President Xi Jinping has called for an allout effort to increase infrastructure spending this year.  Its unclear just how much will be spent on infrastructure. Citis Yu estimates the number could be 16.5 trillion yuan. Others are more optimistic. Spending could reach about 19 trillion yuan this year, contributing 3.7 percentage points to Chinas GDP growth. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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