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.
Google Triumphs Over $9 Billion Oracle Suit
The US Supreme Court handed Google victory in a court battle spanning more than a decade, ruling the technology giant did not violate copyright infringement laws when using parts of Oracle’s software code to develop its Android operating system.
Oracle launched its action in 2010, focusing on the definition of fair use of Java code and whether Google’s application of it infringed copyright. The software company sought nearly $9 billion in damages.
The Supreme Court weighed into the case in October 2020: in a majority decision, it ruled Google was covered by legal fair use copyright protections involving around 11,500 lines of Oracle code employed to ensure Android was compatible with Java software, which is now owned by Oracle.
In statement, the court explained allowing enforcement of Oracle’s copyright “would risk harm to the public”, noting the costs and difficulties of producing alternative APIs.
It added many programmers had knowledge of Oracle’s building blocks and a favourable ruling for the company in the case would act as a lock “limiting the future creativity of new programmes”.
“Oracle alone would hold the key.”
Dorian Daley, EVP and general counsel at Oracle hit out at the decision: “The Google platform just got bigger and market power greater, the barriers to entry higher and the ability to compete lower.”
“They stole Java and spent a decade litigating as only a monopolist can. This behaviour is exactly why regulatory authorities around the world and in the US are examining Google’s business practices.”
Global IoT Operating Systems Market to Reach $7.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Operating Systems estimated at US$ 814.3 Million in the year 2020, is projected to reach a revised size of US$ 7.3 Billion by 2027, growing at a CAGR of 36.9% over the period 2020-2027.
Large Enterprises, one of the segments analyzed in the report, is projected to record 36.2% CAGR and reach US$ 4.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the SMEs segment is readjusted to a revised 38.3% CAGR for the next 7-year period.
The Internet of Things (IoT) Operating Systems market in the U.S. is estimated at US$ 246 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$ 1.2 Billion by the year 2027 trailing a CAGR of 34.9% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 33.4% and 31.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.1% CAGR.
Facebook Chief Revenue Officer, David Fischer Quits
Facebook’s Chief Revenue Officer, David Fischer announced today that he will leave the social media company toward the end of this year, in a post on his verified Facebook profile.
“I am immensely proud of all that we have accomplished over the past eleven years, and am optimistic about the path the company is on,” he wrote in the post.
Fischer oversees Facebook’s advertising business and manages its sales and marketing teams worldwide and has been heavily involved in some of the social media company’s largest deals, including its recent $5.7 billion investment in India’s Jio Platforms.
Fischer also supervises Facebook’s operations in India, its largest market and one of its most important for messaging and shopping. The company reported that sales jumped 22% to almost $86 billion in 2020.
Fischer joined Facebook in 2010 after a long stint working alongside Sandberg at Alphabet Inc.’s Google. The duo also worked together at the U.S. Treasury Department in the late 1990s.
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