Executive Chairman of IoT Africa, Lare Ayoola, has said that the number of companies across different sectors of the Nigerian economy adopting emerging technologies like the internet of things (IoT) will continue to grow due to the immense capabilities the technology bring into business operations.
Ayoola said that many business executives and managers have assessed and accepted the increased awareness IoT create to the security and efficient running of their businesses. The industries keen on the adoption of IoT, according to him, include agriculture, logistics, power, manufacturing, financial services, health and safety industry, real estate, as well as the oil and gas industry.
He said the growing adoption has seen IoT Africa sign mega-deals with operators in Nigeria’s oil and gas industry, mainly because the downstream oil industry is plagued with losses, risks, and theft which needed IoT to save at least 30-40 percent of those losses.
Internet of things refers to interconnection of computing devices embedded in everyday objects, enabling them to send and receive data, through the internet.
Continue reading: https://www.vanguardngr.com/2021/08/why-adoption-of-iot-technology-rises-in-nigeria/
Ayoola said that many business executives and managers have assessed and accepted the increased awareness IoT create to the security and efficient running of their businesses. The industries keen on the adoption of IoT, according to him, include agriculture, logistics, power, manufacturing, financial services, health and safety industry, real estate, as well as the oil and gas industry.
He said the growing adoption has seen IoT Africa sign mega-deals with operators in Nigeria’s oil and gas industry, mainly because the downstream oil industry is plagued with losses, risks, and theft which needed IoT to save at least 30-40 percent of those losses.
Internet of things refers to interconnection of computing devices embedded in everyday objects, enabling them to send and receive data, through the internet.
Continue reading: https://www.vanguardngr.com/2021/08/why-adoption-of-iot-technology-rises-in-nigeria/
