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Art Of Technology Lagos 2.0 Begins December 3

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Art Of Technology Lagos

By Adedapo Adesanya

The Lagos State government through the Office of Innovation and Technology is organising the second edition of the Art of Technology (AOT) Lagos 2.0. curated by Eko Innovation Centre.

The two-day conference will bring together the best of tech minds from across the globe physically and virtually on the December 3 and 4, 2020, in line with its SMART City agenda of making Lagos a 21st-century economy.

Aptly themed Smart Data, SMARTER Lagos, the AOT Lagos 2.0 will facilitate multi-stakeholder discussions, exchanges and collaborations along the data value chain as an enabler of a SMARTER Lagos.

The conversation will centre on the fundamental role data plays in connecting the city with its citizens. Together, delegates will rub minds on how data can be collected, collated, analysed and deployed for governance, commerce and development.

The Vice President of Nigeria, Mr Yemi Osinbajo, will deliver the presidential address on Lagos, Driving a Smarter and Efficient Nigeria while Mr Isah Ali Pantami, the Minister of Communication and Digital Economy, will speak on Nigeria in the eyes of the world: The data approach.

Mr Michael Seibel, CEO and Partner, Y-Combinator; Mr Demola Sogunle, CEO Stanbic IBTC; Ms Lisa Da Silva, Principal Investment Officer, International Finance Corporation; and Mr Tomi Davies, CEO, TVC Labs are keynote speakers.

According to the Curator of Art of Technology Lagos 1.0 and founder of Eko Innovation Centre, Mr Victor Gbenga Afolabi, the two-day summit will build on the success of the maiden edition held in 2019 with over 2,000 participants.

He noted that one of the key successes was the launch of the Lagos Innovation Master Plan which has continued to guide the Lagos state government in achieving its SMART City agenda.

In addition, the Governor of Lagos, Mr Babajide Sanwo-Olu, announced a tech fund of N250 million to be managed by the Lagos State Science, Research and Innovation Council (LASRIC) headed by the Vice-Chancellor of the University of Lagos of which N100 million has already been disbursed. The Open Government Initiative and Lagos State Solution Hub were also launched.

This year’s conference will feature 60 industry speakers, 50 investors and 35 experience centres. There will also be an ideathon tagged Collaborate Lagos where innovative policies and tech-driven solutions aimed at achieving a SMARTER Lagos will be pitched by startups.

Also expected is the launch of a new tech product by Lagos State. Interactive panel discussions led by experts will cover transportation, agriculture, environment, education and healthcare. They will engage in the understanding of data economy, the opportunities it presents and the exponential change it could trigger. Plenary sessions will focus on exploring collaborative platforms to facilitate the sharing of the best ideas and innovations to inform policy and inspire collective action for scale and global impact.

Art of Technology Lagos 2.0 is sponsored by Access Bank with support from International Finance Corporation, Y Combinator, Lagos Innovates, Oracle, Lagos State Employment Trust Fund. Media partners are Brand Communicator and BusinessDay.

The hybrid event will happen through online VR experience via www.aotlagos.com, however, the physical ‘limited edition’ part will be hosted at Eko Hotel & Suites, Victoria Island, Lagos and attendance is strictly by invitation.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Nigerian Music Stars in Hot Demand Worldwide—NCC

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Nigerian music stars

By Adedapo Adesanya

The Nigerian Communications Commission (NCC) has tasked content creators in the country to take advantage of the many advancements in the nation’s growing telecommunications industry, saying much can be achieved through music artists, who are hotcakes globally.

The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of NCC, Mr Umar Danbatta, stated this in Lagos over the weekend while speaking at the 10th Annual Brands and Marketing Conference of the Brand Journalists Association of Nigeria (BJAN) where the NCC was conferred with the Regulator of the Decade award.

Represented by the Executive Commissioner for Stakeholder Management, Mr Adeleke Adewolu, the EVC noted that the ongoing process, for which arrangements are in top gear, followed the successful auctioning of two bands of the 3.5GHz spectrum in December of 2021.

Mr Danbatta informed the participants at the conference that content creation and consumption had grown around the telecommunications infrastructure provided by technology, which Nigerian entertainers had leveraged to become global brands.

He said,  “Due to heavy leverage on digital platforms, the Nigerian entertainment industry has gone global. Nollywood is one of the biggest movie industries in the world. In fact, more movies are produced by Nollywood yearly in comparison to Hollywood.

“Nigerian music stars are in hot demand worldwide because of their popularity and brand recognition on social media. We should add that many of these global superstars emerging from Nigeria launched into stardom by leveraging caller tunes and other mobile content platforms to grow their brands and huge followers online.”

Mr Danbatta declared that, “Digital platforms are fostering different types of systemic change, creating new brands, eroding the value of some brands, whilst at the same time increasing the value of other brands. The innovation-transformation-disruption cycle has come to stay and will be exacerbated as technology continues to evolve.”

The EVC  assured that the NCC would continue to aggressively drive the rollout and seamless operation of infrastructure to drive new digital technologies to benefit all sectors of our economy.

“It is our hope that Nigerian brands will continue to leverage robust infrastructure to grow their value and ensure that our country derives maximum benefit from unfolding digital transformation efforts,” he said.

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Gospel Singer Sammie Okposo Slumps, Dies

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Sammie Okposo

By Modupe Gbadeyanka

Reports just filtering in indicate that a popular gospel artist in Nigeria, Sammie Okposo, has passed on.

Details of this unfortunate incident are still sketchy, but it was gathered that he passed away on Friday at the age of 51 after he slumped.

Recall that some months ago, Sammie Okposo was in the news over issues concerning his marriage.

The Wellu Wellu crooner later apologised to his fans and others for betraying their trust, promising to be a better person.

Three years ago, the Delta State-born music star had a close encounter with death after the propeller shaft of his car pulled off while on motion.

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More than a Music Streaming Service – Why You Should Allocate Media Spend To Spotify

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Spotify music streaming service

By Carla Harrison

If I were to pick up your phone right now, there’s a very good chance that I’d find Spotify among your apps. It is, after all, the world’s most popular music streaming service, with 433 million users (188 million of whom are paid subscribers) in 183 countries. Since its launch in 2008, it’s transformed the way the world listens to music and helps launch the careers of artists around the world.

And if you use Spotify, you’re probably also aware that it’s expanded from just music streaming into podcasting, with some 4 million podcast titles joining its library of 82 million songs. But did you know that it’s also a powerful advertising platform with a growing focus on the African continent?

Any brand that’s serious about expansion, particularly in high-growth markets such as Nigeria, simply cannot afford to ignore it.

The pros of radio, plus more  

In order to understand what makes Spotify such an appealing platform for advertisers, it’s worth first reminding ourselves of the strengths offered by traditional radio. In general, for example, radio ads are more cost-effective than other forms. You can also get away with increased frequency, meaning that your message is more likely to stick.

Spotify offers all the benefits of radio advertising plus more. With growing numbers of people listening to digital audio streaming every day, you’re guaranteed an active and engaged audience. At the same time, you’re also reaching them while they listen to what they love. And because Spotify’s targeting options are so advanced, your brand can reach specific people based on age, gender, music genre, and playlist. Unlike radio, Spotify guarantees 100% completed listens in its reporting. It can also provide metrics around which type of audience engaged with your ad and a companion banner which allows users to click through to a webpage.

The streaming service is an innovator in the advertising space too. Its 3D audio feature, for instance, allows brands to provide premium quality advertising through an immersive, dynamic, and sensory audio experience. As a result, listeners don’t just hear an ad; they feel it.

But Spotify offers more than just audio ads. It also allows brands to reinforce their messages with high-impact display and video ad formats. Spotify video ads are actually the best performing in the industry, as they had to be built for viewability. The ads are 100% viewable and 100% audible, and Spotify only charges for 100% completion.

Making an impact in Africa 

It’s also worth pointing out that Spotify is seeing significant levels of growth across Africa. While the streaming service has been available in South Africa since 2018, its real expansion into Africa only came in early 2021, when it launched in an additional 40 countries.

But just a year after launching in Nigeria, the number of artists streamed per user had grown by 60%, and Nigerian music fans had created 1.3 million user-generated playlists. Additionally, nearly 21 000 songs had been added to the platform, placing Nigeria as the country with the second most streams after Pakistan in the new markets, with Kenya third in the ranking.

That growth isn’t likely to slow down anytime soon, either. According to Statista, music streaming revenues in Nigeria are expected to show an annual growth rate of 12.61% between 2022 and 2027. It’s also worth noting that penetration in the overall streaming market currently sits at just 4.1%. With an additional 35 million Nigerians set to come online by 2026 (all of whom will be hungry for the consumer experiences that come with affordable and ubiquitous access), Spotify looks primed for significant growth.

That comes with obvious growth benefits for advertisers, especially when you factor in that 39.6% of music streaming users are in the medium-income group. As Nigeria’s economy continues to grow, that income group will become larger and more valuable.

Partnering with the experts 

Brands looking to utilise Spotify as a marketing platform don’t have to go in blind, either. By working with experts that have specialist teams, they can get the most out of their campaigns. The right partners will also offer advertisers price transparency, ensuring that they get advertising on the platform at the most affordable rates.

In doing so, they can ensure that they always reach the right audiences at the right time with the right message. Moreover, with Spotify, they’re reaching people during the moments they love. And that’s always incredibly valuable for any marketer. Small wonder then, that Spotify is seen as the most trusted ad platform among consumers. Factor in the brand safety it offers, and you have a winning combination.

A culmination of factors 

Ultimately then, Spotify represents the culmination of a number of factors that should be of interest to anyone with a media budget that needs to be spent. And as Africa, and Nigeria in particular, that combination of engaged, active audiences, the ability to target specific audiences, and innovative advertising products will only become more important.

Carla Harrison is the East African Sales Manager at Ad Dynamo by Aleph

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