TechBooky

The Internet of Things (IoT) has made it possible for our science fiction fantasies to come true! Today, smart homes or fully automated homes exist in which all the devices, from clocks to hot water heaters are connected to each other. Moreover, they communicate with you, accept the information you send them remotely, and carry out your commands. Home automation means the sending of a voice command or the simple push of a button from your phone to make your life easier. It also means different things to different people . Some think in terms of security while others are thinking about how much time they could be saving. There is truly something out there that would motivate all of us when it comes to home automation. Supporting that – and almost selling themselves – are the considerable huge variety of smart home products that are available in the market. Depending on what you intend to use them for, there are categories of devices that are just perfect for you! So, what do ...

Technology has always advanced towards the betterment of our daily lives. One quick look around you and you are sure to find some sort of device or appliance that did not exist as early as a decade ago- a device you can no longer imagine life without. This development takes place on both a hardware and software level. This is exemplified by the ever-improving phones and laptops that are available in the markets every year. Another avenue that has benefited from these advancements in technology is the transport sector. Self-driving cars that were once just an idea out of science fiction movies are now close to hitting the roads. In fact, semi-autonomous vehicles from companies such as Tesla, Nissan, and BMW are already available to the general public. These cars feature abilities such as self- parking, automatic braking and lane changing that are made possible by a combination of sensors and cameras combined with computer algorithms. Whether for better or worse, autonomous cars will inf...

At a launch event which was held at its Stallion Plaza HQ, Union Bank one of Nigeria’s oldest bank announced its Robotic Process Automation technology, a culmination of three years of development and testing. Robotic Process Automation which makes use of software robots to provide an improved business efficiency,  consistently and data security which can help automating repetitive tasks across a multiple business applications without altering existing infrastructure and systems. Union Bank is the first bank to implement it in Nigeria, starting with reconciliation of ATM transactions and cutting the processing time for that service by 60%. Emeka Emuwa, Union Bank’s CEO said in a speech at the event, according to the bank’s blog post , he explained that: “The provision of simpler, smarter banking services to our valued customers is at the core of our business. Therefore, we remain focused on leveraging cutting edge technology and creating innovative partnershi...

Artificial Intelligence and robotics have been a threat to human labour that does not require specific and complex human skills. Moreover, it is becoming increasingly popular for companies to turn to artificial intelligence because it is far less expensive than hiring, training, and employing a human.  A new report reveals that Africa will be the most affected by the revolution. The report warns that in less than 20 years from now, it will be more cost-efficient to hire robots in US factories than hire workers in Africa. Nevertheless, the overseas development institute thinks that African nations still have time to prepare for the change ahead. He said, "African countries must not shy away from manufacturing, but instead prepare by increasing access to the internet, investing in technical skills and promoting technological innovation. If done well, automation can present important opportunities for African countries by improving labour productivity in manufacturing". Regardin...