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Emerging technologies such as the Internet of Things, Bogus Intelligence, Apparatus Learning, amid others are transforming bread-and-er structures and business models, writes Emma Okonji

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The allowance from alternation to agenda technology, occasioned by the change of arising technologies, is one big affair that has adapted businesses and economies globally and aural Nigeria.

Software appliance developers are active cerebration of new means of transforming businesses and economies, appliance agenda technology solutions. And Nigeria, aloof like added developing countries of the world, is alpha to booty advantage of the arising technologies to added transform businesses and the Nigerian economy.

While Internet of Things (IoT) is active all-around connectivity and developing advice amid bodies and devices, Bogus Intelligence (AI) and Apparatus Acquirements (ML) are the latest technologies through which machines are developed in the anatomy of robotics that accept the accommodation and bogus intelligence to multitask and accomplish animal activities in all aspect of animal endeavours.

Through these technologies, businesses are ascent up faster, and animal interface in business is gradually actuality reduced, while giving allowance for greater assignment efficiency, thereby extenuative amount for organisations and economies.

Technology experts accept acerb brash organisations to either embrace arising technologies or lose anchor of their businesses and angle the accident of actuality overtaken and larboard abaft in today’s world, area technology is active everything.

In this regard, Oracle is a technology aggregation that has developed lots of technology solutions that break specific challenges, thereby acceptable businesses and economies.

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Oracle has been in Nigeria for several years, accomplishing the business action band-aid applications that are allowance businesses to abound and accomplish added profit, while acceptable customers’ experience.

Giving affidavit of how Oracle solutions accept impacted on the business of the Nigerian Custom Account during the 2018 Oracle Impact Technology Acme organised for organisations and ally by Oracle Technology Aggregation in Lagos recently, the Assistant Comptroller General of the Nigerian Customs Service, Benjamin Terseer Aber, batten on how the deployment of Oracle solutions helped Customs to accession as abundant as N140 billion in one month, absolutely in the ages of August 2018, for the federal government, which sums up to N1.7 abundance yearly, if the band-aid is deployed in the aing one year.

According to Aber, Customs account was breeding beneath than N400 billion in one year as at 2005, afore the deployment of the technology solutions from 2013.

“We accept back confused from chiral affidavit to automatic documentation. We accept deployed software solutions from Oracle that manages both the front-end and the back-end casework of Customs,” Aber said.

Giving accommodation of how the technology automation works, Aber said, “business automation remained key for us at Customs to accredit us move abroad from chiral processes of allowance of goods.”

“What we did was to acquaint the Nigeria Integrated Customs Advice Arrangement (NICIS 11) software appliance from Oracle to affix all government agencies on the aforementioned belvedere to accredit us interface electronically with all added government agencies that are circuitous in authoritative all-embracing barter transactions.

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“When a allowance abettor makes coffer acquittal to Customs or to any of the government agencies and the coffer uploads the acquittal on the NICIS 11 platform, we automatically see the acquittal derails online, and this has accountable all allowance agents that do allowance business with Customs to be cellophane after aggravating to cut corners and short-changing government.”

He said the Customs additionally acclimated addition technology apparatus alleged Tax Identification Cardinal (TIN).Country Manager, Oracle Nigeria, Mr. Adebayo Sanni, said in today’s development, technology addition is not alone transforming businesses, but additionally transforming the way individuals work, comedy and learn.According to him, Oracle Impact Technology Acme was brash to accompany approaching technology to accommodated the needs of today’s businesses.

The Era of RoboticsOne of the greatest advancements in technology, is the use of robotics to accomplish best of the animal tasks beyond all walks of life, be it in manufacturing, medicine, attorneys and in telecommunications, amid others.Robots that accept added acoustic capacities than bodies are actuality developed today to abetment animal in assuming best of the animal tasks, through AI.

Based on the balance anamnesis it has, it can abstraction animal behaviour in adjustment to accomplish animal tasks perfectly. Robots are accepted to interface with animal as avant-garde board apparatus that could accommodate answers to any questions aloft in seconds, back it has built-in anamnesis with balance capacities.

In best cases, robots are acclimated to accomplish animal tasks in the branch like processing and packaging in accomplishment and accumulating factories.

Although abounding accept argued that robotics, through Bogus Intelligence, will booty abroad animal jobs and actualize unemployment for the citizens, but technology experts accept said robots would alone accompaniment animal efforts and actualize new forms of jobs for citizens, back the robots are controlled by humans. The basal line, according to technology experts, is the adeptness to accomplish assignment efficiency, scalability and profitability.

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In judiciary, there are cases area robots are acclimated to try cloister cases and canyon judgements in few canicule as adjoin the continued cloister cases that are handled by animal attorneys and judges.

At a contempo administrative branch organised for board on acknowledged issues in telecommunications, the Managing Partner, Technology Advisors, Basil Udotai, had brash board to embrace AI in the prosecuting of acknowledged cases and in casual acknowledged judgments, as AI has become the all-around barometer for the administrative system.

DSN Bootcamp and AI initiativeJust aftermost week, the Abstracts Science Nigeria (DSN) captivated its anniversary acme which additionally focused on AI in active development, and acclamation specific challenges.

Worried about the disability of Nigeria to accommodated its cyberbanking admittance ambition by 2020, because the ample cardinal of Nigerians that are still financially afar and do not accept admission to banks and acclaim facilities, DSN accumulated 150 Nigerians for training on AI.

Executive Director, SystemSpecs, Mr. Deremi Atanda, declared AI as a ambit of technology that extends the animal accommodation to attending through absolute abstracts and again advance machines with capacities to accomplish assertive tasks, at a actual fast rate, appliance the absolute data.

The convener, DSN Bootcamp, Mr. Olubayo Adekanmbi, said the Abstracts Science Nigeria Bogus Intelligence Bootcamp was conceived to accompaniment the antecedent abilities that best of “our start-ups acquired back they were in school. According to him, the accepted abridgement of our university arrangement does not awning all-around capacity in agreement of technology evolution.”

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“So in adjustment to arch that gap, we absitively to float DSN AI Bootcamp to added alternation Nigerians who accept basal abilities in computing, to accredit them be at pal with their colleagues from added genitalia of the developed world.“The aspect is to alternation and accession affection acceptance who can use Apparatus Acquirements and Bogus Intelligence to break Nigeria challenges, actualize application and advance solutions that will abode specific challenges in the country, like cyberbanking admittance challenges.

“Poverty is a austere claiming in Nigeria and the poor ones do not accept admission to funds and they are awful afar from the agenda inclusivity in the Nigerian cyberbanking sector. So the 150 candidates were additionally accomplished on how to use AI and ML to accomplish abstracts that would be analysed to abode the agenda admittance challenges of Nigeria,” Adekanmbi said.

FinTech as DisruptersAlso, back their emergence, cyberbanking technology companies (fintechs) accept acquired a lot of absolute disruptions in the cyberbanking casework sector, area they accept created technology solutions that accept afflicted the way banks accomplish and appear to their customers.

Through fintech solutions, coffer barter can break in the abundance of their homes and offices and transact cyberbanking business with their banks, appliance their adaptable phones, after activity to the cyberbanking hall.A lot of new cyberbanking solutions accept been developed that are currently active cyberbanking casework in Nigeria and in added countries of the world.

The President of Institute of Software Practitioners of Nigeria (ISPON), who doubles as the Chief Executive Officer of Precise Cyberbanking Account (PFS), Dr. Yele Okeremi, alleged on banks and added cyberbanking institutions, to see fintech players as their business ally and coact with them to added enhance cyberbanking affairs in the cyberbanking sector, through their technology solutions.

AI and MLAddressing the account of ML and AI, in a contempo statement, the Managing Director, Technology Accenture Nigeria, Niyi Tayo said both would become key enablers in a new era of agenda adventures and amount propositions, but the anarchy needs a animal touch.

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According to him, alike admitting both ML and Al would be key requirements in today and approaching business, the agenda anarchy needs a animal touch.

Tayo, said AI would abide to aggrandize into every angle of our lives, active bigger business decisions and user adventures throughout a avant-garde ambit of markets and industries.

“AI has finer become a new user interface, authoritative our interactions with the added avant-garde technologies that beleaguer us easier and added seamless. Intelligent agenda administration like Google Now in our smartphones, is allowance us adeptness out to others, acquisition information, accomplish addendum and cross the concrete world.“Meanwhile, Amazon Alexa and Google Home accept accustomed us the adeptness to adjustment appurtenances and casework after anytime seeing a screen,” he said.

“These developments are consistently authoritative it easier to use avant-garde technology effectively. Instead of adapting to our machines, we are teaching our machines to acclimate to us. But as we alternation our bogus intelligences to accept loans, analyze job candidates and amusement patients, we charge be alert of our albatross to society.“In a approaching area AI has the adeptness to facilitate every blow point from business to accessible services, we charge strive to ensure it charcoal a force for good. We, therefore, accept to breeding our AI as with abundant adeptness comes abundant responsibility,” Tayo added.

Unlocking the ‘Black Box’According to Tayo, it was time for Nigerians and the blow of the apple to alpha unlocking the adeptness of technology that has remained coded in the ‘Black Box’ for ages.

Training AI is a complicated process. Booty abysmal learning, for instance: a arrangement acceptance adjustment that mimics the way the animal academician works and applies those attempt to neural networking.

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“This abode has accustomed businesses to accomplish abundant advance in awful circuitous fields such as angel recognition. Area bodies see a cat, a dupe or a tomato, a computer will alone see a acreage of pixels.“Deep acquirements has accustomed computers the adeptness to admit what those pixels represent – but we can’t absolutely explain how the arrangement works, alike admitting we programmed the basics ourselves,” he said.

He added, “This is a decidedly accepted phenomenon. The neural arrangement powering Google Translate invented its own accepted accent to aid in translations, alike admitting it wasn’t accurately instructed to do so.“Naturally, this abridgement of acumen into the close apparatus of AI is rarely a botheration back the after-effects are positive. If adeptness is up and users are happy, why worry,” he asked.

He accordingly brash Nigerians to accompany the new beachcomber of technology and bout appear accelerated advance and profitability.

In adjustment to appropriate the advance opportunities that AI provides, Tayo brash companies to abode amount ethical considerations and authorize a set of value-driven requirements to adviser the deployment of their AI.

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