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Digital bank Umba raises $15M, plans to expand into three new African markets

TechCrunch

There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these fintechs think this is the right time to provide financial services to every market category, from the banked to the unbanked.

Banking 238
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5 top ERP trends for 2022 — and their implications for IT leaders

CIO

Customization gives way to standardization The traditional practice of enterprise technology leaders customizing an ERP solution to meet their specific enterprise or business needs is giving way to implementing an off-the-shelf solution. This is cumbersome and leads to additional cost.

Trends 363
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Unlocking generative AI’s greatest growth opportunities

CIO

Fortunately, while the spotlight on generative AI may be new, the underlying technology has been around for quite some time, and many pioneering companies have already begun paving the way for successful commercial-grade implementations. Where will the biggest transformation occur first? It just means the way we do our jobs will change.

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Drone data scanning company Skycatch announces a $25M raise

TechCrunch

It typically is owned by the laser scanning market,” says Sanz. Image Credits: The company’s technology works with off-the-shelf drones, including ones manufactured by DJI. Skycatch today announced a $25 million raise, led by ADB Ventures and Wavemaker. Indonesia, China, Philippines, Thailand and Japan.

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Transforming IT culture for business success

CIO

With IT increasingly driving new initiatives in concert with key business partners, there’s opportunity for technology leaders to nurture an organizational identity that keeps everyone razor-focused on digitally transforming the business in pursuit of strategic goals. Back in the day, IT culture was all about the perks.

Culture 318
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We We don’t want to just go off to the next shiny object,” she says. “We We want to maintain discipline and go deep.”

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Low code/no code tools reap IT benefits—with caveats

CIO

A September 2021 Gartner report predicted that by 2025, 70% of new applications developed by enterprises will use low-code or no-code technologies, up from less than 25% in 2020. It’s for speed to market,” says CTO Vikram Ramani. It’s for speed to market,” says CTO Vikram Ramani.