ABB chief positive for 2018 despite profit drop

Ulrich Spiesshofer

ABB is forecasting a better year ahead despite posting a dip in its profit and sales for the final quarter of 2017.

The FT reports the Swiss company expects improving global economic conditions to benefit them this year.

Revenues at the Zurich-based company rose 1 per cent to $34.3bn in 2017, it said on Thursday. But orders in the final three months of the year dropped 3 per cent to $8.48bn compared with the same period a year earlier. Full-year operating profits also fell, by 2 per cent to $4.13bn.

Ulrich Spiesshofer, chief executive, has streamlined ABB to focus on higher …read more

European Parliament vote to signpost renewable energy ambitions

Members
of the European Parliament will vote on Wednesday 17th January on Europe’s
policy ambition on renewable
energy
up to 2030.

EU Energy Ministers opted to endorse the Commission’s original proposal of just
27 per cent at December’s Energy Council. Now it’s the European Parliament’s
turn to vote on the Renewable Energy Directive and Governance Regulation. These
two pieces of legislation will determine Europe’s ambition on renewable energy
post-2020 and the trajectory on how to get there.

Giles Dickson, WindEurope CEO, said the
competitiveness of Europe’s wind energy industry
g
reatly
depends
on the outcome of this vote.

“Last year the wind energy sector contributed €36bn to EU GDP. It supported
263,000 jobs and generated …read more

CETel to provide fibre-like connectivity across Africa

CETel to provide fibre-like connectivity across Africa

CETel to provide fibre-like connectivity across Africa.

CETel, the provider of global managed end-to-end communications solutions, has signed a five-year contract with SES Networks to connect new exploration and production sites in Africa via SES Networks’ medium earth orbit (MEO) O3b satellite constellation, SES and CETel announced on Wednesday, 10 January 2018.

CETel will leverage the O3b fleet’s low latency and high throughput capabilities for big data applications required by the exploration and production industry. With round-trip latencies below 150 milliseconds, MEO-enabled networks are on par with standard fibre connections and are more reliable and faster to deploy than other infrastructure.

The inking …read more

Kenyan emergency startup launches rescue service

Kenyan emergency startup launches medical assistance service

Kenyan emergency startup launches rescue service.

Flare, a Kenyan emergency services platform that was launched in December 2017, has introduced a new product that consolidates ambulance service providers into one network. The “Rescue” product, will ensure that users have access to medical assistance within 15 minutes in an emergency.

The platform is connecting users to more than 50 ambulances and up to 10 fire trucks. Flare plans to expand the fleet and may also add private security and police. The ambulances have their own insurance and companies are vetted for the proper registration, certification, personnel and equipment before they can join …read more

South African Business School to accept Bitcoin payments

South African Business School to accept Bitcoin payments

South African Business School to accept Bitcoin payments.

South African Business School, Red & Yellow has announced that it will accept Bitcoin payments for all degrees, advanced diplomas, certificates and online courses.

Red & Yellow has been teaching future business leaders since 1994. As a progressive institution with campuses in both Cape Town and Johannesburg, the school is focused on preparing its students for career success in a digital future, so the acceptance of the next wave of financial currency is the obvious route, according to the company because these forward-thinking learners will be the business leaders of tomorrow.

“The world is changing …read more

Google launches data saving app in Nigeria

Google launches data saving app in Nigeria

Google launches data saving app in Nigeria.

Google has launched a new app in Nigeria called Datally, which is aimed at giving Nigerians control over their data and maximise their data usage. The app will be free and will run on smartphones with an Android 5.0 Lollipop Operating System (OS) or any device with a higher OS.

Google Nigeria, Country Director, Juliet Ehimuan-Chiazor, explained that Datally will empower smartphone users to manage their data more effectively through four key features: Data saver, Data saver bubble, Personalised alerts and Wi-Fi finder.

She added that: “In the last few years, our Next Billion Users team …read more

Artificial Intelligence is a game changer for personal devices says Gartner

Artificial Intelligence is a game changer for personal devices says Gartner

Artificial Intelligence – the opportunities for South African start-ups.

Emotion artificial intelligence (AI) systems are becoming so sophisticated that Gartner predicts that by 2022, personal devices will know more about an individual’s emotional state than his or her own family. AI is generating multiple disruptive forces that are reshaping the way we interact with personal technologies.

“Emotion AI systems and affective computing are allowing everyday objects to detect, analyse, process and respond to people’s emotional states and moods to provide better context and a more personalised experience,” said Roberta Cozza, research director at Gartner. “To remain relevant, technology vendors must …read more

Top tech trends for digital leaders in 2018

Top tech trends for digital leaders in 2018

Top tech trends for digital leaders in 2018.

Organisations now collect more data than a human brain could possibly process in a lifetime (or several). So we’re using machine learning to gather and analyse data from everywhere. All to help you do things better. Hospitals can track if nurses and doctors wash their hands when they should. Banks can find and fix issues with their mobile apps before users call in. The list goes on.

Re-invent how networks work
No more tweaking hundreds of network settings by hand. We’re shifting from manual and going automatic. Now your network is like a self-driving car. …read more

RWE announces reorganisation of generation unit

RWE

RWE has announced the reorganisation of its conventional generation unit, and will also seek to cut costs at its renewables and network spin-off, Innogy.

As of January 1st, the company has reorganised its generation business, its gas, hard coal, hydroelectric power and biomass generation forming RWE Generation under the stewardship of CEO Roger Miesen.

Katja van Doren will be its CFO and Tom Glover its commercial chief; he remains managing director of RWE Supply & Trading, according to Natural Gas World.

RWE Power will run the company’s lignite coal-fired generation, as well as the strategic management of nuclear …read more

RWE announces reorganisation of generation unit

RWE

RWE has announced the reorganisation of its conventional generation unit, and will also seek to cut costs at its renewables and network spin-off, Innogy.

As of January 1st, the company has reorganised its generation business, its gas, hard coal, hydroelectric power and biomass generation forming RWE Generation under the stewardship of CEO Roger Miesen.

Katja van Doren will be its CFO and Tom Glover its commercial chief; he remains managing director of RWE Supply & Trading, according to Natural Gas World.

RWE Power will run the company’s lignite coal-fired generation, as well as the strategic management of nuclear …read more