article thumbnail

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
article thumbnail

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 360
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Drone data scanning company Skycatch announces a $25M raise

TechCrunch

Image Credits: The company’s technology works with off-the-shelf drones, including ones manufactured by DJI. Skycatch is also working with off-the-shelf lidar companies to help capture data in more difficult environments, including underground for mining operations. Indonesia, China, Philippines, Thailand and Japan.

article thumbnail

Why entrepreneurs claim there’s no better place to do business than Puerto Rico

CIO

A college internship in Puerto Rico with Microsoft gave him the spark of an idea, and after working for six months in IT for a bank, also located on the island, he saw his opportunity. Lugo founded Internet Vision Development (INVID) to fill this gap, customizing off-the-shelf software for customers. Federal Government.

article thumbnail

AI adoption accelerates as enterprise PoCs show productivity gains

CIO

We don’t want to just go off to the next shiny object,” she says. “We To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank. Webster Bank is following a similar strategy. We want to maintain discipline and go deep.”

article thumbnail

Unlocking generative AI’s greatest growth opportunities

CIO

In fact, our team has been working with generative and conversational AI in complex professional services applications like insurance, banking, and healthcare for the better part of a decade, and we’ve learned some important lessons along the way. Where will the biggest transformation occur first?

article thumbnail

Transforming IT culture for business success

CIO

In lieu of integrating and customizing off-the-shelf enterprise applications such as Salesforce or SAP, Power Home Remodeling has constructed its own proprietary NITRO platform used to run and optimize all aspects of the business and customer experience. Back in the day, IT culture was all about the perks.

Culture 305