state of the art technology in modern day business

1. state of the art technology in modern day business Presented by Ing. K ashigbey

2. Structure of Session • My Take & Modus Operandi • The Topic • ICT & State of the Art Technology • The Old Way • The New Business Paradigm – Entrepreneurialship & Intrepreneurialship • The New Role of the New Graduate • Industries • Prepare for the Future • Conclude

3. My Modus Operandi • This is a discussion – we are sharing ideas • My belief that the 21st century classroom is no longer a place where the teacher reigns supreme, but a place where genuine collaboration, differentiation and real learning takes place. • Interactivity is the in-thing • We are sharing knowledge • I bring the Topics & we all contribute • Focus on few Industries • End of Presentation 5 to 10 people share with us their take out

4. THE TOPIC • The state of the art technology in modern day business • But it is more ICT & state of the art technology in modern day business. • ICT IS IT • Focus on these Technologies & what opportunities that exist for us.

5. ICT – IS IT • Helmut (1998), cited by Akpore (1999), states that of the technological changes that have influenced our lives in recent years, information communication technology (ICT) has had the greatest impact. This will continue at least until the end of the first half of the century, when other major technological breakthroughs in the area of new materials, biotechnology, or energy, may provide entirely new ways of living. http://unllib.unl.edu/LPP/ogbomo2.pdf • Akpore is partly right ICT, ICT has and will continue to change the way we do business & it will continue to shape the way we do business. • We ignore it at our peril

6. Spinoffs of ict • Computers • Internet • Mobile • Social Media • The New Google Technology – Google X • What else – you know it all

7. the Top Billionaires • Source of wealth for the World 1st 2 Richest is from ICT, with the 5th also being in ICT • Carlos Slim Heln - $74B – Telcom • Bill Gates - $56B – Microsoft • Larry Ellison - $39.5G – Oracle • All the youngest Billionaires - from ICT • Larry Page (24th) Google – 38yrs • Sergey Brin (24th) – Google – 38 yrs. • Jeff Bezo (30th ) – Amazon – 48 yrs. • Mark Zuckerberg – FB –27 yrs

8. Facebook phenomenon • What the CIA failed to do in 60 years, Zuck has done in 7: knowing what 845 million people--more than 10% of the world's population--think, read and listen to, plus who they know, what they like and where they live, travel, vote, shop, worship. • U.S. users spend more time on Facebook--on average 6.3 hours a month--than on any other site. • The Harvard dropout is now creating his own monetary system, ­Facebook Credits, to facilitate transactions and profits.

9. Facebook phenomenon • With a net worth of $17.5 billion, he is now America's 14th-richest man. 2011 Highlight: • The movie inspired by his life, The Social Network, which depicts Zuckerberg as a coldhearted dweeb, won 3 Oscars. • Employs over 3000 people

10. The future is here • Is Anyone Going to Want Google's New Glasses? • Internet-enhanced glasses that will stream information to a user's eyes in real time • Will cost same as a Smartphone

11. The OLD WAY • Across Africa there is a vibrant culture of people creating things. Hardware products. It’s rarely glamorous as our inventors and micro-entrepreneurs innovate on products due to necessity – there simply aren’t enough jobs and they need to feed their families. • (These are generally not as educated as me & you. Apostle Safo, the Margazine people) • Regardless of the reasons why they do it, what this has created is a culture of innovation.

12. The OLD WAY - • When you have a problem in Africa, there isn’t another option, you either improvise, adapt and overcome, or you die. You don’t give up, you figure out a way to make things work. • A lot of us the graduates are not leading the innovation, though that is changing with your group, but we need to do more

13. The OLD WAY - • This environment has bred a generation of problem solvers: people confront immense challenges and keep at it until a solution is found. • It might not always be the most beautiful solution (usually the finishing isn’t up to par), but it works and that’s what matters. • Concurrently, we’re a net importer of fabricated products from around the world. We might make some of our own software now, but we do little to nothing with hardware. How can we be the masters of our own future if we don’t do any meaningful levels of fabrication? • That is what we need to push for

14. The New Paradigm • We should do it differently – innovate based on the Universal education we have acquired. • Job Creators instead of Job Seekers • Do not join the Unemployed Graduates Association • Change the Status Quo, where the school dropout employ us & we make all the money for them • Do not become like me – all the few assets I have I got from my private business not from working for others, yet I have left that still pending. • It should be – Entrepreneurialship & if not then at worst • Intrepreneurialship • There is hope for the future

15. The New Role of the School Leaver • There are a lot of Challenges in Ghana, but they are all Opportunities for great Wealth. • The Returns are greater here • Ghanaian Solution for Ghanaian Problems • Look for where your passion is • Get the right technology for the Industry of your choice • Focus on your passion • Start Small but think Big. • We do not have to reinvent the wheel; adopt and adapt Global ideas to local challenges & situations

16. Industries in Modern Day • Banking & Finance • Education • Health & Medicine • Factories & Automation • Agriculture • Energy • Mines, Oil & Gas • Construction & Building Services • Media

17. Banking & Finance • From Micro finance to big Corporate Finance • SMS for SUSU – • ATM – now free – Branchless Banking – But the Branches will continue to have their place • Internet or Online Banking • Mobile banking - that is, managing your finances using your mobile phone - still hasn't quite taken off, but it's well on its way. It's perhaps difficult to understand why banks haven't been quicker to meet the demand for online banking 'apps', but a few are now starting to emerge – Can you develop apps for our banks • E-ZWITCH – Cards – Cashless Banking • Biometrics

18. Education • E-Learning • Online • Webinars • Interactive Learning through TV & Radio • E-Books • Audiobooks • Use of  latest gadgets and gizmos • Tablets • Ipods • Phones • Chatboards • What others exit? • What can you do with any of these? • Anybody pioneers?

19. Medicine & HealthCare • A lot of advancement, very little here • Medical Equipment and Technologies & techniques • CAT, MIR, Microprocessor devices – eg. Pacemakers • Noninvasive Surgery • No cut surgery, Laser - Asian Blepharoplasty • No cut surgery, Ultra Sound- High-intensity focused ultrasound for noninvasive functional neurosurgery • Web-based support/diagnosis • Telemedicine • Wireless transmission • Research – Health Informatics • Nanotechnology applied to Medicine - Nanotechnology is the science of building machines at a subatomic level.

20. ICT working with medicine has helped with, The diagnosis of patients The treatment Better running of hospitals Medicine & HealthCare

21. Factories & Automation • Kweku Asmah’s example

22. Agriculture • There various new technologies being used in Agric – Help from Agric & Agric Eng partners? • Agriscience - The application of scientific principles and new technologies relating to agriculture • US spend 14 cents of every $ they earn on food. Cheapest place for food, because of Agricscience • Biotechnology or genetic engineering • Give us more • ICT • Pricing information system – • ESOKO - Esoko is a powerful set of web and SMS tools that can be used to exchange information with members, suppliers or customers in the field. • Increased Market Access • There is a lot we can do here

23. Energy • The VRA, ECG & GRIDCO have their Technologies – the Electrical Enginering can tells us that • What new Technologies can we take advantage off – Renewable & Green • Solar • Wind

24. Mining • Going underground does not make you an expert • Experts tell us? • But what we technologies can we introduce to transform the Galamsey Industry & stop the dying & the degradation of the environment. • Great opportunity for those of you passionate about mining & the environment

25. Oil & Gas • Don’t Go there • Know what local content is & go for it

26. Media • Radio • Print • Online • Social Media • Mobile

27. “Trans-media” content properties • “Content becomes invasive and permeates fully the audience's lifestyle” (e.g. on the web/mobile devices) • While we are not yet fully trans-media, there are some early compelling examples • Convergence is the future which now

28. Digital TV Migration • Analogue TV migrating to Digital TV - DVB. • Migration by 2015 universally • Ghana intend to turn on by DVB by 2012 & turn off by 2015 • Germany fully Digital opted for DVB-T • Ghana has adopted to go DVB-T2 • There are other standards

29. DVBT Solution Overview - DTT

30. Mobile is it • The web revolution created the next generation of giants — companies like Google, Amazon, and eBay went from nothing to multi-billion dollar market caps in less than a decade. • Today, mobile is helping fuel a new generation of giants — companies like Facebook, Groupon, and Zynga have reached multi-billion dollar valuations in half the time of their predecessors ... and all without an IPO. • Ghana has about 10% Internet Penetration, but over 80% Mobile penetration •  Mobile will be more transformative than the web ... because mobile devices are always with your customer. • Mobile is going to evolve at a much faster pace ... because we’ve learned a lot from the web. In fact, mobile shipments outpaced desktop/laptop shipments last year. The race is on.

31. Mobile it is • Mobile is everything from • Phones, • Androids, • Tablets • The Uses are diverse • Banking & Finance – Means of collecting Money & transferring Money • Kenyan Experience • Providing Service – The Kayayei Story • Entertainment • Music • TV • Books • What apps • What applications – the the limit is beyond the sky

32. Mobile opps • KNUST – adopt the E-bay example - “The goal of our mobile app is to increase employee productivity.” Steve Yankovich eBay’s vice president of mobile • AppceleratorTitanium - a corporate information app for the iPhone. • access the company directory, campus map, calendar and stock feed, corporate news, videos and messages from CEO.

33. Prepare for the future • The More I prepare the Lucky I become – Tiger Woods • Your Choice of Project Topic is critical – Be passionate about it. • You have a lot of time for it • You do not have to pay to do it • People will help you for free, including your Lecturers & Industry • Others have become Billionaires with their projects • Facebook • Yahoo • Partnership is critical, get legal from on set • Facebook was conceived by Mark Zuckerberg with his college roommates and fellow students Eduardo Saverin, Dustin Moskovitz and Chris Hughes

34. Start Small but Dream Big • "Small opportunities are often the beginning of great enterprises." Demosthenes • Pilot your projects while still working for others • Do not wait for Big Cash to start • Use your own money or OPM without paying for it • No job is demeaning • Take on Apprenticeships • Work for others as if it is your own • You only Work for God and Yourself & for no man

35. Prepare for the future • A lot of Challenges – but the also Glass is half full • "Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem. The greatest success stories were created by people who recognized a problem a turned it into an opportunity." Joseph Sugarman • Be inquisitive, observant & keep asking • "Opportunities? They are all around us? there is power lying latent everywhere waiting for the observant eye to discover it."Orison SwettMarden • When Preparation meets Opportunity there is success – Henry Hartman • Don’t only work hard, more importantly work SMART – not sakawa!!!

36. YOU the hope for ghana • To her/him that much is given much is expected. • You are the crème de le crème • There is need for Ghanaian Solution for Ghanaian Challenges • Ghanaians need to own the Heights of Ghanaian Industry • We did not have Ghanaian Millionaires from • Gold • Cocoa • Timber • Now we have Oil & Gas, there is ICT & other Opportunities • Prepare & ensure that you prepare & position yourselves right so you will become the future Billionaires for Ghana • Ghanaian Self Hatred must STOP

37. Few Food for thought • Spend 80% of your time focusing on the opportunities of tomorrow rather than the problems of yesterday. Brian Tracy • "In the middle of difficulty lies opportunity." Albert Einstein • "Opportunity? often it comes in the form of misfortune, or temporary defeat." Napoleon Hill • "We are continually faced by great opportunities brilliantly disguised as insoluble problems." Anonymous

38. Let’s pray • Our Take always !

39. kenneth@ashigbey.com kashigbey@graphic.com.gh www.ashigbey.com Skype:- kenneth.ashigbey Facebook:- edemashigbey Thank You!