4 New Technologies for Older Adults

Older AdultsRecently, there has been a surge in the ‘aging’ population of America as more than 10,000 adults are turning 65 each year. It is expected that by the year 2060, 1 in 4 Americans—or approximately 98.2 million people—will be 65 years or older. The good news is that the technology industry is stepping up to the challenge to provide innovative solutions for the elderly.

For bright, young, dynamic techies based in the Silicon Valley, it can be hard to imagine what it feels like to be an elderly. Yet, they must come up with innovative solutions and design assistive devices that can make the lives of the elderly both safe and comfortable. Let there be no doubt—technology can solve most of the problems of the older population.

Over the last two decades, technology has come a long way and today it is opening many doors for the elderly. For example, the internet is making the world a ‘less lonely’ place for the older population. While technology cannot replace in-person interactions with people, internet-based communication platforms such as Skype, Facebook, and other video chatting and social networking sites are helping to keep senior social when visits to friends or relative are infrequent or not possible.

In addition to the internet, there’s health and mobility technology that is making the elderly more mobile and safe than ever. Surveys reveal that most seniors would rather stay indoors than be over out and about. This preference for staying home most of the times could have been a problem if we did not have the technological solutions that make it safer for the elderly to stay at home alone. An example of these solutions is a Personal Emergency Response System (PERS).  A Wearable device, PERS enables the elderly to get help with a simple push of a button.

With a PERS, not only do the seniors stay safe at home, but their families also have peace of mind knowing that if an emergency occurs, the PERS would send an alert for help. There are many seniors in America who suffer from Alzheimer’s disease or other dementias. For these seniors, safety is a paramount concern, especially when they start to wander. The good news is that there are many GPS tracking devices that can track the location of a senior and send alter to ensure peace of mind for caregivers and prevent dangerous or deadly situations for the elderly.

PERS and GPS tracking devices are not the technologies making the lives of seniors safer and more convenient. There are also smartphone apps that can help prevent medication errors, and cloud-based health tracking systems that simplify the process of maintaining and accessing seniors’ health information.

4 Innovative Technologies for the Elderly

Today, a significant portion of the U.S ‘aging’ population uses modern technology. This usage of technology is not limited to the use of the internet or smartphones. Instead, it includes technology for mobility, health monitoring, and more. Today, technologies providers are launching innovative devices for the elderly each day. In line with this trend, innovative technologies for the elderly were launched at the CES 2018. Here are our top picks from the event:

Inoxia Portable Alexa Speaker

A battery powered speaker with embedded Alexa, the Inoxia Portable Alexa Speaker features voice control and has internet radio, connected message board, and hands-free speakerphone all rolled into one. With this device, the elderly can use Alexa Voice service to control smart home devices, set alarms, get information, play music, and do a whole host of other things using just their voice. All the elderly need to say is ‘Alexa’ and the device will respond instantly.

Lenovo Smart Display

While it is Intended as the competition for Echo Show, the Lenovo Smart Display has a completely different interface design. While the display is larger and bolder, it doesn’t have the ultra-detail that get from Google Assistant on a phone. The purpose of this is to keep things simple and keep your hands off the device. However, Lenovo Smart Display has a perfectly usable touchscreen which makes it easier to make calls, play music, and recognize different voices.

MobileHelp and Samsung GearWatch

MobileHelp—a manufacturer of home and wearable alert devices, announced at the CES 2018 that it was partnering with Samsung to equip Gear smartwatches with its emergency response capabilities. The devices go by the name MobileHelp Smart, and they can integrate the platform of MobileHelp into an upgraded version of Samsung’s watch to take advantage of the former’s GPS, cell capabilities, and fitness-monitoring features.

ADT Health

The stylish Samsung Gear S2 and S3 Gear smartwatches will now offer connectivity, wellness data, and a personal emergency response system (PERS) professionally monitored by ADT, all thanks to ADT, Reemo Health and Samsung joining hands. Users no longer have to worry about the stigma typically associated with wristbands and pendants instead they can wear their PERS device proudly and with confidence of knowing that help is only a simple tap away.

A simple tap on the device activates a two-way voice assistance that connects users with a trained ADT agent directly from the device’s speaker. In addition to this, the two Gear smartwatches can monitor fitness trends which includes hear rate and steps, which motivates seniors to stay active.  Thanks to the collaboration between ADT, Reemo Health and Samsung, senior can get help from ADT, while the families and caregivers of the elderly get peace of mind and better visibility to the elderly’s health. All this allows older people to maintain an independent lifestyle, and actively manage their own wellness.

There are many more innovative technologies for older adults today.

And remember:  Listen to your elders advice, not because they are always right, but because they have more experiences of being wrong.  Knowledge is power. 🙂

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.

Orville Redenbacher: The Popcorn King Who Revolutionized an Entire Sector of The Economy

Orville RedenbacherIf anyone deserves the undisputed title of ‘The Popcorn King” then that person would be Orville Redenbacher. And with good reason too. As a matter of fact, the New York Times described him in the following words “The agricultural visionary who all but single-handedly revolutionized the American popcorn industry.”

How did he earn this title? For this, we will have to take a look at his early life and how it inspired him to become the towering popcorn magnate, that had tens of millions of people all over the world, happily munching on popcorn.

o   His early life

Redenbacher was born on July 16, 1907, in Brazil, Indiana.  Since his family owned a farm, he grew up around crops and farming equipment and showed his true entrepreneurial spirit early on, by selling popcorn from the back of his vehicle. He went on to graduate from Brazil High School way back in the spring of 1924. While being one of the elite five percent at the top of his class.

Later on, he joined Purdue University, and became an active member of the agriculture-oriented Alpha Gamma Rho fraternity as well as the Purdue All-American Marching Band and as a budding athlete, he became part of his varsity’ track team as well. After four years of study, he went on to graduate in 1928 after attaining a degree in agronomy.

Indeed, so great was his interest in the agri based sector, that he spent most of his subsequently productive life working in this industry, and he also served as Vigo County’s extension agent for their Farm Bureau in the Terre Haute area, in Indiana, and later on at the Princeton Farms in Princeton, in the same state.

o   Redenbacher as a businessman

This was the man that the NYTimes has gone on to describe as “But for all his bumpkin appearance, the man with the signature white wavy hair and oversized bow tie was a shrewd agricultural scientist who experimented with hybrids” had started his career by selling fertilizer, and this was his main source of income, but he was greatly interested in corn, and spent most of his spare time working with different strains of popcorn.

By 1951, he felt that he had become self-sufficient enough to create this own popcorn line and recruited Charlie Bowman and together, they went ahead and bought the George F. Chester and Son seed corn plant in the state of Boone Grove, in Indiana. They named their company “Chester Hybrids”, where these two enterprising entrepreneurs went about, methodically trying literally tens of thousands of diverse hybrid strains of popcorn, before they ended up settling on a particular hybrid that they decided to name “Red Bow”.

However, an advertising agency that they were working with, basically took exception to their choice of nomenclature and advised them to use the founder’s own name “Orville Redenbacher” as the brand name of the new product.  They changed their branding image and name accordingly and launched their own line of ‘popping corn’ back in 1970.

However, ever the entrepreneur, Redenbacher sold the whole company in 1976 to Hunt-Wesson Foods. This was actually a division of the well-known conglomerate Norton Simon, Inc.

Meanwhile, it was in 1973 that Redenbacher had started appearing on national TV, and one of his very first personal appearance was in the “To Tell the Truth” TV based game show.

By the mid-1970s, Both Bowman and Redenbacher had gone on to capture a whopping third of the entire unpropped popcorn market as it existed in the US at that point in time. Redenbacher subsequently decided to move to Coronado in California state.

He appeared as the Redenbacher brand’s official spokesman, wearing his (by then) trademark public speaking outfit that became the image an entire generation of Americans have come to recognize. His image included a bow tie and horn rimmed glasses. Sometimes Redenbacher also made it a point to appear in various commercials with his grandson.

o   Are you real Mr. Redenbacher?

In fact, so greatly was America captivated by his persona that quite a few customers wrote letters to the studios asking if Redenbacher was an actor or a real person per se?He responded to all such rumors by appearing on many different talk shows, in which he conclusively proved his own identity. In a book that he wrote Redenbacher stated, “I want to make it clear that I am real.”

o   His personal life

Redenbacher had married Corinne Rosemund Strate in 1928 and he remained with her till her death in 1971. After her death, he married his second wife, Nina Reder, and as with his first wife, he was with her till her dying day on May 8, 1991, at the really old age of 91.

o   Redenbacher and his legacy

Orville was not just renowned for his contribution to the popcorn industry, but the entertainment that had been provided by the various TV commercials that starred him, went on to create an image, that is right up there, with various other Americana food giants such as Col Sanders and others of his ilk.

In fact, his image is going through a revival and since 2006, there have been several of Orville’s commercials dating back from 1970s and 1980s,that are currently being re run on many different channels,all across the nation, chiefly due to their sentimental value.

Almost twelve yours ago, a television commercial actually featured a digital re-creation of Redenbacher and it was quite popular, especially amongst the older generation who still had fond memories of the original ones. In order to honor his many services to the popcorn industry, On September 4, 2012, Valparaiso, Indiana created and unveiled a statue of Orville Redenbacher in order to commemorate the city’s annual popcorn festival with his enduring legacy.

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.

A $600 Million Deal with UK-Based Firm Secures Critical iPhone Technology for Apple

Dialog

Apple has inked a $600 million deal to take control over Dialog semiconductor—the power management company at hear of its iPhones. The deal would see Apple acquire certain assets, and over 300 staff members of Dialog. $300 million will be paid upfront for the deal while the remaining amount would be payment for product delivery over the next few years. Here is more on the deal that secured critical iPhone technology for Apple!

In November of 2017, rumors started to surface that Apple was considering developing its own power management chip. Only a month later, the CEO of Dialog Semiconductor confirmed that Apple was developing its own chip to replace theirs. In May this year, the company revealed that Apple had in fact slashed orders by thirty percent and on October 11, Dialog announced that it had reached an agreement with Apple on the licensing of certain assets or power management technologies and on the transfer of more than three hundred of the company engineers and staff.

While it depends on how quickly approval is given by the supervising authority, the above transaction is expected to be completed in the first half of the new year. According to a Reuters report, the acquisition is rare one for Apple, as the company does generally do such massive transactions. The only transaction of such scale in recent times by Apple that the media agency could recall was the company’s $359 million purchase in 2013 of PrimeSense—the Israeli manufacturer of facial recognition application that unlocks newer iPhones.

John Srouji—the SVP of Hardware technologies at Apple, had the following to say about the acquisition:

“Dialog has deep expertise in chip development, and we are thrilled to have this talented group of engineers who’ve long supported our products now working directly for Apple. Our relationship with Dialog goes all the way back to the early iPhones, and we look forward to continuing this long-standing relationship with them.”[1]

After the news of Apple’s acquisition of its power-management technologies and staff broke out, Dialog Semiconductor saw a 34% increase in its shares in Frankfurt. This was because the deal settled the concerns surrounding the future relations between Apple and Dialog.

The $600 Million Adds a New Dimension to the Apple-Dialog Relationship

Since the launch of the first iPhones, Apple has managed the battery life in them with the power-management chips of Dialog. However, the recent $600 million deal with Dialog will add a new dimension to Apple’s relationship with the company. The deal will see Apple buy Dialog’s patents, and about three hundred staff which includes many engineers who have already worked on chips for iPhones. The deal will also secure the offices of Dialog in Italy, Germany, and Britain for Apple.

Despite all this, Dialog remains positive that its revenues in the last part of 2018 would not be affected as it would continue to provide Apple main power management integrated circuits (PMICs). The company also expects Apple to buy current and future generations of sub-PMICs from it.Dialog should consider this a real achievement as most of the other chip designers of apple have struggled to maintain their relationship with the company.Jalal Bagherli—the CEO of Dialog, was confident that the deal would strengthen his company’s long-standing relationship with Apple and he said the following:

“This transaction reaffirms our long-standing relationship with Apple, and demonstrates the value of the strong business and technologies we have built at Dialog”[2]

For most—or three-quarter of its revenue, Dialog relies on its partnership with Apple to supply chips for charging and managing power in iPhones. After the deal is completed in the first half of 2019, Dialog estimates that Apple will account for thirty-five to forty percent of its total revenues in 2022. This is seventy-five percent less than the figure in the current year.

Dialog also expects its headcount to decrease to 1,800. Additionally, Bagherli revealed that after its next quarterly training update, his company would start a share buyback program for up to ten percent of its stock. According to analysts, the already-healthy net cash position of Dialog which is worth $525 million would be strengthened by the $600 million deal with Apple.

For years, Apple has developed its own processors, however, it is only recently that the company has stepped up its efforts to design components such as Bluetooth, graphics, and other phone-related chips in-house. While this creates new risks and is expensive, it can help Apple to maintain leverage over suppliers as several acquisitions have reduced the number of chipmakers it works with.

iPhone 8 and iPhone X were the first iPhones to feature Apple’s own graphics cards, or GPUs. And, this trend has continued with the recently released XS and Apple Watch Series 4.  Currently, Imagination Technologies Group Plc—a U.K. chip designer provides chip technology to Apple for products such as Apple TV, and iPad. However, it is expected that Apple would eventually transition to its own graphics processors for all its iOS-based products, which includes Apple TV and iPad.  However, it is expected that Apple would eventually transition to its own graphics processors for all its iOS-based products, which includes Apple TV and iPad.

As for Dialog, the company expects to turn its focus to computing, automotive, mobile, and the Internet of Things (IoT) after the deal with Apple is completed. The $300 million that Apple has paid upfront as part of the deal would see the technology provider purchase lab tools and patents, take over a staff of three hundred, and acquire energy-administration know-how.

Beating the $350 million acquisition of PrimeSense, the $600 million deal with Dialog is the ‘largest of its kind’ by Apple.

[1]https://techcrunch.com/2018/10/10/apple-is-paying-300m-in-cash-to-buy-a-part-of-dialog-semiconductor-and-expand-its-chipmaking-in-europe/

[2]https://www.cnbc.com/2018/10/11/dialog-semiconductor-signs-600-million-licensing-deal-with-apple.html

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.

Different Means Through Which Voice Recognition Technology Can Really Help Doctors

DoctorsIn the extremely fast paced world of medical sciences as they are practiced today, just about every second certainly counts for a lot. This is due to the fact that people’s lives may be endangered due because of any delay and even a small fraction of a second, can potentially count towards the saving of a precious human life.

Under the circumstances, it is perhaps possible to understand the tremendous pressure that the many doctors as well as other medical health practitioners have to go through on a day to day basis, in the many different hospitals and clinics that are scattered throughout the country.

This is why it is all the more important for them to gain access to the type of ‘game changing’ technology that can not only streamline their work but at the same time, also save them the critical time that they really need, in order to take better care of their patients. Rather than simply taking care of tedious documentation and associated paperwork. As a matter of fact, the more time doctors have on hand to focus on their patients, all the better will they be, as far as their primary jobs of helping the sick and the really ill patients, are concerned.

o   EHRs (electronic health records)

Many hospitals and other health care service facilities in the US now utilize EHRs or electronic health records for their patients so that the same can be safely and easily updated in actual real time on a ‘treatment to treatment’ basis. However, it is pertinent to note here that should a doctor even take just ten to fifteen minutes to update the EHR methodically enough, then that is ten to fifteen minutes too much, since the sheer amount time that is used for this activity on a day to day basis can easily take away, quite a substantial chunk of the medical health worker’ full working day. In the long run, what this is means is that many such patients can potentially be left over, at the end of the day.

This is the part where voice recognition (VR) technology comes into the picture. As a matter of fact, even as the very term suggests, it can easily help the many doctors who are able to use this technology to help make most of the more important as well as relevant entries in the electronic health records, by the fairly simple expedient of speaking out the all of the data, that needs must be recorded as soon as possible.

The benefits of speech or choice recognition technology includes the following:

o   Overall Flexibility of Speech

Voice recognition software these days offers a veritable host of options where it is entirely possible to detect even the most subtly mispronounced words (based on the speaker’s accent as well as dialect). This is why today’s perennially busy clinicians can now easily store the relevant information in the software with considerably more accuracy, then had hitherto been possible before.

All that the doctor has to do in effect, is to just simply ‘talk’ to the software program and it will do the rest by carefully typing out exactly what has been said into the microphone, word for word.

Moreover, many of the cutting edge programs in this field that do not understand the spoken word, would actually stop and ask the speaker for clarifications before proceeding onward, so as to be able to prevent any transcription related mistakes in the final document.

o   Greater accuracy as well as quicker application

Before the advent of voice and speech recognition technology and its widespread use in different areas of the healthcare industry, medical health practitioners more often than not, also relied on medical transcriptionists who were not just abysmally slow, but also really inaccurate as well. Apart from that, there was also the very real possibility of any sort of human error. However, with the wide spread availability of speech recognition software in the health care sector, now clinicians as well as other physicians do not have to wait for any transcriptionist to become free so that as they can document all of their patient’s data. This way, they can now safely and easily record it on their laptop or mobile or workstation on their own.

Not only is speech recognition, substantially more accurate, but should there be any inadvertent errors, the practitioner can quite conveniently and safely make all of the required corrections in the document, affix their signature on it, and subsequently send the same to the relevant record keeping department.  In other words, this technology can quite safely eliminate all the extra people or steps that were part and parcel of a tedious process, that was mired in red tape.

o   State of the art technology

Today, cutting edge technological innovations have also ensured that the safety and security of the data is never compromised either. They can easily filter out the ambient background noises that are always present in any busy hospital. Moreover, the data itself is password protected and the speech recognition software can also be trained to ensure that it can only be operated by duly authorized personnel only.

o   Real time utility of this software

With the help of such speech recognition technology, it is now quite possible for various doctors to record any patient’s data in an actual real time basis. This way, there is no particular need to wait for the patient himself, to leave the hospital so that the doctors and their support staff can start taking notes while relying on their own memory.

In the light of the above, we can now see that voice recognition is not only here to stay but at the same time, it also will continue to serve the many doctors and their support staff and also augment their treatment efforts to a great degree at least in the foreseeable future.

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.

Andrew Carnegie: The Man Who Embodied the ‘All American Dream’

Andrew CarnegieAndrew Carnegie was born one evening on November 25, 1835, of Scottish heritage. He went on to becoming a towering figure of American industry and later on in life, one of the world’s greatest business magnate, who effectively dedicated his final years of life to philanthropy and world peace.

Carnegie was instrumental in leading the expansion of the entire American steel industry way back when America was just coming out of its infancy period in the 19th century. As a matter of fact, he is quite often identified as being pretty much, one of the richest people as well as being one of the richest American who ever lived.  He also became a well-known and leading philanthropist not just in the United States but also throughout the vast dominions of the British Empire. But later on, he became disillusioned with the vagaries of this fickle world and dedicated the last two decades of his life towards essentially giving away his massive fortune to the less fortunate.

As a matter of fact, he wrote an article in 1889 known as the “Gospel of Wealth.” In that article he actively called on the super-rich to use their huge wealth reserves to improve the lot of society in general and to stimulate a veritable Tsunami of philanthropic endeavors.

–   Early life

Mr. Andrew Carnegie was born in Dunfermline in Scotland. He was initially educated at the Free School in the town of Dunfermline. This school had actually been gifted to the town by the renowned philanthropist Adam Rolland of Gask. The fact that his early education was the product of a philanthropist’s generosity was to have a profound influence in his later life.

Apart from Rolland, it was his uncle, George Lauder Sr., a well-known political leader in Scotland who had, deeply influenced him as a boy.  By introducing him to the writings of of the young Scott Nationalist Robert Burns and other historical heroes that have been the pride of Scotland since ages past. Men of myth and legend such as Robert the Bruce (of King Bruce and the Spider fame), William Wallace (immortalized by Mel Gibson in the super hit move “Braveheart”), and Rob Roy and this is why he remained proud of his Scott heritage til his last years. When he entered his teens, the nation was suffering a famine and his father’s business had suffered a terrible loss and his mom became the primarily bread earner of this family.

This is why his family immigrated to the United States of America in search of a better life, back in 1848. He initially started work in a telegraph office as an operator. He used his salary to make shrewd investments in different industries. And by the 1860s he had business interests in railroad sleeping cars, railroads, bridges, and even oil derricks (he was one of the first people to discover the vast economic potential of oil as the harbinger of the 20th century’s rush towards modernization of transport and industry).  Later on, he went on to accumulate even more wealth as a bond salesman. In this regard, he traveled all over the ‘old continent’ to raise funds for American enterprises, especially in mainland Europe.  He had also built the Pittsburgh Carnegie Steel Company. When he sold it to fellow tycoon J. P. Morgan at the turn of the last century, the deal amounted to $303,450,000. A staggering sum for those days. Once the deal came through, he even surpassed America’s wealthiest man John D. Rockefeller to become the richest American of that time.

–   Adjusting to life in America

In his initial days in America he proved himself to be a really hard worker and would easily memorize all of the locations of Pittsburgh’s businesses as well as the faces of various important men who formed the “whose who’ list of his adopted country. As a matter of fact, this picture perfect memory aided him no end, in making many an important connection this way. He was so good as his job that he was actually   ale to distinguish the myriad differing sounds that the incoming telegraph signals produced, and he became one of the very few telegraphists around, who could translate telegraph signals by ear, without even using a paper slip. This is why his promotion to full-fledged operator status occurred within a few short months of him, even seeing the inside of a telegraph office for the very first time.

It was around that time that Colonel James Anderson, a leading philanthropist of those times, opened his own personal library of 400 books that were available for working boys every Saturday night. Carnegie was able to quench his thirst for knowledge to a certain degree thanks to this library. It helped him a lot in not just his economic development but also both his intellectual as well as cultural development too. In fact, so intense was his deep seated gratitude for the good Colonel Anderson who had so graciously allowed his personal library to be accessed by young boys who had no way of acquiring any books of their own that Carnegie made a personal resolution in the following words, if ever wealth came to me, [to see to it] that other poor boys might receive opportunities similar to those for which we were indebted to the noble man”.

Indeed, this was a promise that he had fulfilled to the best of his abilities and the knowledge he had acquired from this library, when added to the potent mix of innate intelligence and his willingness to hard long and hard, as well as his perseverance actually bought him the opportunities that made him the man he became.

–   His wealth and philanthropy

He created his own steel empire and was renowned for being the foremost steel magnate in the country. He integrated all aspects of steel manufacturing, from iron ore to finished product in his industry and used this wealth to branch out into other business interests. However, his most endearing accomplishments had more to do with the fulfillment of his promise, early on in life.

That is, the setting up of free public libraries all over the north American continent. A task for which he is renowned to this day. He died on August 11, 1919, leaving a great legacy in his wake.

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.

The American Film Director George Lucas: Exactly how rich is the Man?

“Long long ago, in a Galaxy far far away…”

George Lucasso went the legend and hundreds of millions of cine-goers who read those lines in a cinema were treated to an experience of a life time. Actually, Star Wars and its medley of colorful characters have now become part and parcels of the imagination of generations of movie lovers. Individuals such as Princess Lia Oriana, Luke Sky Walker, Obi Wan Kenobi, Darth Vader, the Jedi Nights and the Imperial Strom Troopers are now weaved into the very fabric of reality as we know it. And all of this came about, because of the inspiring vision, as well as the gumption and determination of a man who did not know how to accept “No’ as an answer.

As of now, even though the creator of the whole Star Wars franchise will not be cashing in, at least as far as the success of his last film The Last Jedi, is concerned but in spite of that, the force is still pretty strong as far as his bank account is concerned. That is, he is worth all of 5.5 billion dollars, after his deal to sell the LucasFilms to Disney went though, way back in 2012.

o   Lucas and the lucrative Star Wars franchise

As a matter of fact, Lucas’ vast fortune effectively makes him just about the richest Hollywood celebrity in the world today. And if we were to compare figures, then his equally well known colleague (as well as sometime collaborator) Steven Spielberg, who is widely acknowledged to be the most popular director around, thanks to his roster of over 30 movies of all kinds, is worth around $3.6 billion, despite his really impressive resume.

While Lucas has been responsible for many movies, but the Star Wars franchise is primarily responsible for most of his vast wealth.  In fact, when “A New Hope” hit the theaters way back in May 1977, it went on to break just about each and every box office record of that period. However, the people who were financing it certainly did not think that it would turn out to be this way at all.

o   Initial financing issues

The film cost its producer that is the 20th Century Fox studios around $11 million to make. And they actually wanted to shut down production once it became clear that it would go well above the original budget of around $8.25m. In fact, they were pretty sure that the movie would not do well at all and George went ahead and took advantage of the studio’s already low expectations by putting his own salary on the line. He traded most of his payroll in return for its sequel as well as merchandising rights.

In this respect, unlike the movie moguls who controlled the purse strings, he had absolute belief in his product. That is, the creation of the right mix of fantasy, science fiction and adventure, that would enable the average movie goer to be able to forget the real world and become at one, with the magic. Here, he succeeded, even beyond his wildest dreams.

When he first dreamt about the concept, he knew it would be a hard sell to the men who controlled the budgets, and even though it was rough going at first, but they eventually acquiesced to his idea, and he got the go ahead to begin production.

However, in order to understand his bull headed tenacity we should take a look at his early life.

o   His early life

George Walton Lucas, Jr. was born on 14 May 1944 in Modesto, California. And as a young boy, Lucas took very active interest in sports cars. In fact, it was his greatest dream in life to become a driver of a racing car, and towards this goal, he spent his teenage working as a drag racer, working in vehicles he had personally modified. Glimpses of this phase in life can be seen in Star Wards: A Phantom Menace, when young Anakin basically does what Lucas himself used to do when he was a kid. However, he had a terrible accident and he barely survived.  This made him rethink his whole attitude towards life and he subsequently turned to film making. “American Graffiti,” effectively launched his career in the world of Hollywood movie making and after the success of this film, he went on to develop the Star Wars franchise, and the rest as that old hackneyed cliché goes “is history”.

Even though it was difficult for him to find any backers for the movie, he prevailed upon 20th Century Fox to finance it. Even offering to reduce his salary from half a million dollars (a princely sum 41 years back) up to $150,000 as long as he retained the merchandising and sequel rights of the move. For the studio big wigs’, it looked like ‘found’ money since they thought it would barely break even, at most.

However, within a year of its release, the move had made $100 million in toys alone! While ticket sales for the first 6 months were more than double that amount.  The world’s insatiable demand for the ‘power of the force’ had barely begun. And as the years passed, the hundreds of millions turned into billions and the franchise is still earning massive amounts, to this day.

The story of Lucas and LucasFilms are interwoven together, not least because they showcase the fact that one man, if he has the vision and the determination to buck the odds can actually work magic. This is something Lucas believed, in all his life, and also made just about every Star Wars fan believe the same.

“They were in the wrong place at the wrong time, naturally they became Heroes”

Senator Leia Organa: Princess of planet Alderaan (Star Wars Episode III: A New Hope)

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.

[1]https://www.goodreads.com/quotes/7733758-you-never-change-your-life-until-you-step-out-of

How Close Are You to Realizing Your Full Potential?

Reach Your Full PotentialOne of the biggest regrets that people have when they’re older is not realizing their true or full potential. Here’s what you can do to reach your true potential.

What do people mean when they say someone’s realized their true or full potential? They mean this in an academic context and it is generally to put across the belief that everyone has the potential to overcome barriers that have been set by their own minds or others. However, the truth is that ‘inborn talent or potential’ is somewhat of an oxymoron.

None of us are born with talent and we all differ in our potential to develop skills and attributes that later lead others to say that ‘we’ve reached our true potential’.

However, there is a counterargument to this which says that we are all born with talent or potential and some of us are blessed with a lot of it. Whenever they are faced with a tough or adverse situation, many people are quick to shame themselves and conclude that they’re just not ‘good enough’. Often, this causes one to forget the one great quality that we’re all born with—potential. But, this inherent quality also brings with a major risk—the risk that we will fail to reach our true potential.

Why People Fail to Reach Their True Potential

We, as humans, are essentially without limit, and not making the effort to tap into that potential, is the greatest mistake that you can make in your life. There could be many reasons why someone wouldn’t make the effort to reach their potential but if someone is not making the effort to tap into their potential, then it is probably due to the reasons below.

Lack of Self-Awareness

Often, it is a lack of self-awareness that stops people from realizing their potential. This may sound odd as we’re told that people who don’t realize their potential are well-aware of it. However, that is not always true.

On several occasions, people simply don’t know what they’re capable of because no one has ever told or shown them what they can achieve. In fact, it is an irony of life that the more potential you have, the less likely you are to be aware of it, which in turn prevents you from nurturing and reaching your true potential.

Lack of Motivation

Want to fulfill your true potential? Then master whatever skills or craft you’ve picked for yourself. However, there are times when you won’t feel up for the task and won’t put in the effort required. However, you can unlock your true potential only if you’re motivated for every task that comes you way. Your talent is of no good if you lack the motivation to use it for your greater good.

To unlock your true potential, you need to be motivated for every task that comes your way. Motivating yourself is easy when you work on things that interests you or with people you like. So, make sure that is the case.

Being in the ‘Wrong’ Place

While some people thrive in controlled and systematic environments, other find it suffocating. For this reason, it is important that you work in environment that not only suits your interest, but also your personality type.

For example, choose a dynamic work or team environment if you’re an extrovert and a solo/quiet work environment if you’re more on the introverted side. Find the right environment for your personality will help you to flourish and reach your true potential. Believe me, the right environment can do wonders for you.

What You Can Do About It

Now that you know the reasons stopping your from reaching your true potential, you need to figure out how you can overcome them. I’ll give you a few seconds: 1, 2, 3……Alright, you can stop thinking. Following are some ‘easy to do’ things that can help you reach your true potential.

Reflect on Your Life

If you want to realize your potential, then commit to half an hour of quiet reflection each day. No, if not asking you to sit on the floor, close your eyes and meditate. Instead, I’m asking you to schedule some ‘alone-time’ each day when you can quietly think about everything that’s happening in your life.

Think about your past, present and future. Think about your strengths and think about where you want to be 2, 5, 10 or 20 years from now. This is all part of the process that will help you reach your true potential.

Set Goals and Define Who Your Role Models Are

Goals are what give our lives direction and purpose and without them, we’re just surviving. So, set goals and not just any goals but those that stretch your limits and push you out your comfort zone. As Roy T. Bennett—the author of the Light in the Heart, said:

“You never change your life until you step out of your comfort zone; change begins at the end of your comfort zone.”[1]

Not only do you need to set goals, you also need to identify your ideals or role models. Don’t just identify them, but also model yourself after them. Take lessons from their life because if you don’t do that, you will develop all the bad habits, picked up from all the wrong people.

Become a Life-Long Learner and Embrace Change

If you want to grow in life, the commit to learning each day. Go out, explore and learn new things every day as this is the only way you will unlock your true potential. But, more important than becoming a life-learner is embracing change. If you’re not willing to change, then you’re never going to realize your potential—not today, not tomorrow, not in a hundred years. So, realize that change is good and be dynamic, adaptive and evolving!

If you commit to the above things and make them a habit, then reaching your true potential will be easy. An experienced life coach can help you do that.

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.

[1]https://www.goodreads.com/quotes/7733758-you-never-change-your-life-until-you-step-out-of

How Bitcoin is Giving Other Cryptocurrencies a Helping Hand and Why You Should Consider the Investment Advice of Bitcoin’s Most Intelligent Skeptics

Cryptocurrencies Bitcoin’s value has increased considerably over the past couple of weeks and years. In fact, during this period, bitcoin has completely overshadowed the other cryptocoins in the market and investors should not be blamed for preferring bitcoin over the latter. After all, it is bitcoin that is giving other cryptocurrencies a helping hand and not the other way around. Here is how bitcoin is helping other cryptocurrencies and why you should consider the investment advice of bitcoin’s most intelligent skeptics!

The Rise of Litecoin

One of the oldest altcoins or alternative cryptocurrencies around, Litecoin is the 4th largest cryptocurrency by market capitalization today. The only cryptocurrencies with a better market cap than Litecoin are bitcoin, Ethereum, and bitcoin Cash. Created by Charlie Lee—a former Google employee and Coinbase’ Director of Engineering, Litecoin reached $320 in value for the first time on Tuesday, December 12. Compared to the over 1,700% increase in bitcoin value, Litecoin has risen by more than 7,200% since the start of 2017.

Some financial commentators say that the recent increase in the value of cryptocurrencies such as Litecoin and Ether is due to the extraordinary performance of bitcoin in the past year or so as this has helped build the confidence of investors in cryptocurrencies. So, how exactly is bitcoin helping the other cryptocurrencies to grow?

How Bitcoin is Helping the Altcoins

The performance of bitcoin in recent times has helped build the confidence of investors in cryptocurrencies. While many people are interested in purchasing bitcoins, they cannot do it due to its exceedingly high price. This leaves them with one viable option: invest in altcoins or alternative cryptocurrencies such as Ether and Litecoin.

Another reason many people are considering investing in altcoins is that they expect them to experience the same increase in value as bitcoin. If we consider how these cryptocurrencies have performed in recent times, then investors are right to be hopeful. According to Cryptocurrency—a website that tracks and streams the prices of cryptocurrencies, the value of Litecoin increased to over $400 on December 12 which was more than twice its value on December 10. The site also revealed that the value of ether increased by 40% during the same time to reach an all-time high of $633.

Bitcoin is Helping Increase Investors’ Confidence in Cryptocurrencies

What is the reason for the increase in the value of the aforementioned-cryptocurrencies? Ask hundred people and you will get hundred different reasons for it. While one can credit bitcoin in part for this surge in the price of altcoins, there isn’t one single event causing this increase in the value of cryptocurrencies such as Litecoin and Ethereum. However, there is one thing that we can be almost sure of: investors have increased confidence in cryptocurrencies today and they are willing to dedicate their time, money and effort towards trading not just bitcoin, but also altcoins or alternative cryptocurrencies.

Bitcoin is giving other cryptocurrencies a helping hand by pushing investors towards them. Some investors believe that bitcoin is heading towards its climax and thus, have started to look at other options. And, this is helping alternative cryptocurrencies such as Litecoin and Ethereum to grow and increase in value.

What Bitcoin’s ‘Smartest’ Skeptics are Saying

Although the skepticism surrounding bitcoin has weared down over the years, it is still very much alive. The good news is that not all of this skepticism is bad. Some of it is actually useful for you.Here is what bitcoin’s most intelligent skeptics ate saying about the cryptocurrency from an investment point of view.

Private Blockchains are Not a Viable Option

Off late, private blockchains have been a hot topic in the cryptocurrency world. Even though people up are warming up to idea, Andreas Antonopoulos—an information security expert and one of bitcoin’s smartest critiques, believes that private blockchains are a fundamentally inept replacement for a conventional database. A major reason for Antonopoulos’ stance on private blockchain is their lack of compatibility with the technology’s core security premise.

While private blockchains will ultimately be managed by enterprises, the current blockchain structure has a decentralized myriad of hosts who ensure the share ledger’s integrity, without necessarily having a personal interest in its contents. Since the private blockchains will be managed by enterprises with a personal interest in their contents, the value of public blockchains such as bitcoin will eventually go down to zero. This points to only one thing—private blockchains are not a viable option!

Forks that Do Not Innovate Will Crash

According to Mike Novogratz—a self-made billionaire, a former hedge fund manager and one of the sanest voices on Bitcoin around, not all cryptocurrencies are created equal and thus not all of them can win. Novogratz has a very valid point here when you consider forks—a place where servers operators create copies of an existing cryptocurrency’s codes and assets by splitting from it. Spreading them thinner and thinner, forking spreads the network resources over time and forks such as Bitcoin Gold, bitcoin Cash, and Etherum Classic will crash if they fail to offer competitive innovations.

Avoid the ‘Uninformed’ Skeptics Like a Plague

The last bit of advice that Bitcoin’s smartest skeptics have for investors is that they should avoid their ‘uninformed’ counterparts like a plague. Recently, Jack Boyle—the founder of Vanguard, advised people to turn their heads and eyes away from bitcoin as he believed investing in the cryptocurrency was nothing more than buying the currency in hopes that you would be able to sell it for more at some point in the future.

Contrary to what Boyle or other uninformed skeptics of Bitcoin believe or say, the cryptocurrency has huge potential and value—it is set to become a truly unhackable and completely open global financial network, completely changing the financial landscape.For more news or investment advice related to bitcoin, get in touch with us today!

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.

The Race to Dominate Quantum Computing is Well and Truly On

Quantum Computing We all Know about the race between the U.S. and China to impose tariffs on each other’s goods but there’s another race going on between the two countries that not many people are aware of; the race we’re referring to is the race to dominate quantum computing and own the next wave of computing. Here’s more on the battle for quantum supremacy!

The Battle for quantum supremacy is well and truly on! The U.S. is now focusing less on its trade battles with China and more on its strategic technology dual with Beijing. Today, many officials and other people with a stake in the U.S economy are pushing the government to invest in new technologies like machine learning and quantum computing as they could play a pivotal role in the strategic technology battle with China and some European countries.

To gain an edge over the other in the race to dominate quantum computing, both the U.S. and China have already started to develop quantum computers, which is happening at U.S. technology companies and Chinese universities. The processing enabled by quantum computing is so fast that it could completely transform the way auto manufacturers, the agriculture industry, and pharmaceutical companies function, reshaping the economy and pushing it higher in the process.

What the U.S. is Doing to Win Quantum Supremacy?

A major reason the American economy has performed well in the last few decades is that the country has been a leader in cutting-edge technology. Today, the U.S. is embroiled in battle with China and some European countries to dominate quantum computing as the next technological breakthroughs will be enabled by it.

This is a battle the U.S. cannot afford to lose, and this is the reason the government is taking measures towards dominance in quantum computing. One such measure is the National Quantum Initiative Act 2018, which is helping to align and speed up not just the research related to quantum science, but also the development of quantum computing technology.

The U.S. has a lot to gain by winning the race for quantum dominance and a lot to lose by not winning it—there are serious economic and national security implications of this. Quantum science has a massive role to play in the future of mankind and organizations and nations that can enable quantum science for their use have a lot to gain from it.

Exploring and exploiting elusive elements of quantum physics, quantum science promotes the idea that it is possible for subatomic particles to exist in varying states concurrently. This phenomenon is referred to as ‘quantum superposition’. What is it important? Because it can enable valuable, real-world applications.

As mentioned earlier, the U.S. government is relying on tech companies such as IBM, Google, and Microsoft to win the quantum race against China and Europe. But, what do these tech companies have to gain from their efforts in quantum science? A Communications Industry Researchers report reveals that the quantum computing market will reach $1.9 Billion by 2023. This offers tech giants such as IBM, Google, and Microsoft with a great opportunity to grow their revenues.

If the U.S. tech sector does manage to gain breakthroughs in quantum computing, don’t expect to carry around a quantum computer with you because that is just not going to happen, at least not in the foreseeable future. What we could witness though is significant improvements in several areas of science and technology. Examples are advances in chemistry that enable new medical treatments or transform industries and electric cars with longer-lasting batteries.

While there’s no guarantee that they would perform everything faster than traditional computers, quantum computers will solve some problems more efficiently than the computers we have today, which will enable great progress in some fields.

Coming back to the companies helping us to gain quantum supremacy, Google and IBM announced their plans to commercialize quantum computers over the coming years at roughly the same time. When the first quantum computer for commercial use is rolled out in the next few years, it would signal the shift from the lab exclusivity of quantum computing to the commercial purpose of the technology.

IBM and Google believe that they can help the U.S. to achieve ‘quantum supremacy’ in the next few years, which would allow the U.S government to solve many problems that it faces today and thus gain an edge over other economies such as China and Europe.

What China and Europe is Doing to Win the Quantum Computing Race

Billions of dollars are being invested by China and some European countries in research and other efforts related to quantum computing. China has made no secret of its intention to surpass the us in the race to dominate quantum computing over the next decade and longer.

While no one is sure about how much China intends to allocate to achieve dominance in quantum computing, some reports state that a National Laboratory for Quantum Information Sciences worth $10 billion is being built by Chinese government in the city of Hefei in Anhui Province. The facility is expected to be inaugurated in 2020. Compared to this, the U.S funding in quantum research is only about $200 million according to a report.

Even though the U.S lags China in quantum research spending, it can still win the race to dominate quantum computing if it becomes the first to secure quantum technology for encryption. This could be a ‘killer app’ for quantum computing and perhaps this is the reason the research firm Patinformatics has found that both the financial institutions in the U.S and the universities in China are rushing to get this quantum encryption technology patented.

While China has been more aggressive in funding research and other efforts in quantum computing, we (the U.S.) have made more breakthroughs in quantum computing thanks to technology giants such as IBM, and Google. However, there is a long way to go before we can call the out the winner of the race to dominate quantum computing.

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.

How New Technology Could Revolutionize Africa’s Agricultural Sector

Africa Farming TechnologyProviding jobs to more than 40% of the world’s population, agriculture is the world’s single largest employer. Additionally, it is the main source of income for poor, rural population, which happens to be most of Africa. While agriculture in Africa is, by and large, a successful sector, it has room for improvement, improvement which new technology can help enable. Here is how technology could revolutionize Africa’s agricultural sector!

Africa is a developing economy and agriculture has a crucial role to play in many of its development goals. In Africa, agriculture is a major employer, with farming making up about 60% of the entire workforce in Sub-Saharan Africa. Even higher is agriculture’s share of jobs across the food system. In countries such as Zambia, Malawi, Uganda, Tanzania, Mozambique, and Ethiopia, agriculture is expected to add more than all other sectors making up the economy between 2010 and 2025.

The Role of Agriculture in Uplifting the Economy of Sub-Saharan Africa

The region with the youngest and fastest growing population, Sub-Saharan Africa will see its population double by the year 2050. With this increase in the region’s population, the share of Sub-Saharan Africa in the world’s population would rise to 23%, which is almost two times the region’s 12% share in 2015.

Not only is Sub-Saharan Africa increasing in population, it is also increasing in its labor force, which is expanding at a rate of three percent per year. As a result, an additional three hundred and seventy-five million people are expected to become part of the region’s workforce by 2035. Provided these people are engaged in productive employment, this addition of millions of jobs to the Sub-Saharan Africa’s economy will allow the young people to transform the regions’ economy.

However, things seem to be going in the opposite direction. Even If we paint the most optimistic picture of the job market, only a quarter of the new people entering the region’s workforce will find wage employment that affects the economy. Agriculture has a role to play here as it will need to absorb a substantial share of this new labor workforce and provide the workers with remuneration for their work or else the region will have to face not only direct economic challenges, but also social and political challenges that could have a bearing on the region’s economy.

Why Africa’s Agriculture Matters and How Technology Can Help Revolutionize It

According to UN’s Food and Agriculture Organization, world population will grow to 9.1% by 2050, which means that global food production will need to grow by 70% to feed all of the people in the world. Africa’s population is projected to be 2 billion by 2050 and to avoid continued mass hunger in the region, farm productivity will have to increase and produce at a faster rate than now.

Today, Africa’ agriculture sector is faced with many challenges. Not only is the population growing faster than ever, the region’s is also threatened by low farm productivity arising from weather changes, and rural-urban migration that is depriving the farming sector of youth. Since the agriculture sector employs 60% of the continent’s workforce and accounts for 30% of its economy, governments in Africa and other stakeholders in Africa’ agriculture cannot turn a blind eye to the challenges facing the sector.

In the past, governments in Africa used policy changes to improve farm productivity. However, these changes improve yields of farmers only marginally. Not many governments in the region realize this but most of the problems for farmers in Africa stem from the continue used of traditional processes that rely heavily on tools like cutlasses and hoes and have been the same for centuries.

The need of the hour is for Africa’s agriculture sector, which includes the farmers, is to bring technology into their processes. Delaying the use of technology will run the region’s agricultural sector into financial issues. A major reason why farmers in Africa are hesitant to use foreign-made farm technologies is that these technologies are cumbersome for those who control the farmlands. Additionally, smaller farms cannot acquire such expensive tools because less than 1% of commercial lending is used in agriculture.

The good news is that this is changing. Today, more and more entrepreneurs in Africa are showing an interest in how farmers in the region work and how they can help these farmers to improve their yields. The increased affordability and accessibility of computing systems, cloud computing, open-source software, connectivity, and other digital tools has made entry into farming technology easier. This has allowed entrepreneurs to deliver technology solutions to African farmers at a cost they can afford.

Today soil sensors, weather forecasts, and aerial images from drones or satellites are allowing farmers and other stakeholders to manger crop growth in real-time. Also, automated systems provide early warnings in case of deviations from normal growth or other factors.

A startup based in Nigeria provides precision farming technology that measures and analyzes soil data like nutrients, temperature and vegetative health. This allows farmers to use the right fertilizer, which help them to irrigate their farms optimally. The outcome of this is improved farm productivity and a less input waste because of analytics used to facilitate data-driven practices for African farmers.

In addition to precision farming, farmers are also benefiting from technology enabled financial solutions designed specifically for them. One such solution connects unbanked farmers to get credit, while allowing the financial institutions to increase agricultural loan portfolios cost-effectively. Another financial solution allows farmers to earn more by providing them pricing data to remove price variability between farmers and buyers.

Other tech-startups in Africa’s farming sector are deploying mobile and web technologies that provide farmers with weather forecasts, farming advice, financial tips, and market information who traditionally do not have access to such data due to a lack of literacy and/or connectivity.

by Bobby J Davidson

We love our company and we love what we do.  Check out the ‘Why Percento‘ page to learn more: Love of Technology and Business!  As the President of Percento Technologies International, I provide day-to-day leadership to the company’s senior management and I am personally involved in the strategy, business development and sales activities of the firm.

The company was founded in 1999 with the purpose of providing a one call source for organizations in need of Enterprise IT Consulting and Management.  We also provide a line of products in the boutique Cloud Server space with a touch of high-end website strategy consulting and design services.   We personalizes the IT Service experience with a team approach, working with clients from diverse sectors of industry, including energy services, financial, legal, entertainment, healthcare, hospitality, retail and general and/or corporate business.  percentotech.com/contact

Our Mission: “Creating innovative IT solutions for business leaders worldwide through cutting edge technologies.”

Contact me today to discuss how our great team can assist: 1 800 614 7886 or our Contact Form.