Digital transformation of economy key to Ghana’s future, says MOBEX

 

Information and Communication Technology experts are calling on government to take advantage of digital technology to keep up with the pace of change for transformation of the country’s economy and the infrastructure sector of the country.

According to players in the ICT industry, Ghana’s infrastructure sector must get to grips with digital transformation to fuel economic growth and increasing demands.

The Africa Mobile & ICT Expo (MOBEX) is an assembly of players, investors and enthusiasts of the ICT industry, as well as all things and everything technology.

Speaking to journalists at the two-day event which opened for ICT and software/Apps solutions  builders exhibition in Accra on Monday, this week,  Mr. George Spencer Quaye, Chief Executive Officer(CEO)  of Coasters Company Limited,  said commercialization of the ICT was the key to improving Ghana’s economy.

According to him, most western countries capitalized on the digital revolution to transform their infrastructure and Ghana should be thinking of doing same to meet the world’s demands.

He said increasing demands on both physical and virtual infrastructure is putting pressure on the already existing infrastructure and networks, stating, “this calls for industry and government to ensure the right skills are in place to unlock the full value of new technology and data assets.”

He explained that a digital transformation offers the most cost-effective way of adding value to our infrastructure, stressing that “we must adopt new integrated digital approaches to managing and operating existing assets and building our future infrastructure.”

Mr. Quaye added that the industry also needs to work to harness the value of data and information, noting, “We cannot build our way out of these new challenges, we have to do more with what we already have.”

“Better data is the basis for better information, and ultimately that leads to better decision making. But before we can make that shift, we have to address digital gap between Ghana and the rest of the world,” pointing out that, today Ghana is making effort in the digital world as young people are able to come up with new innovative ideas on data standards.

He further stated that the role of IT in digital transformation is to increase its span of influence beyond technology management to strategic partner, emphasizing the need to provide access to information and collaboration among people, systems and processes.

Digital Economy, he said, is fast developing and taking centre-stage globally as experts tout Digital Economy as the single most important driver of innovation, competitiveness and growth which also presents great opportunities to Small and Medium Enterprises (SMEs) within the Africa Region, as pertains in developed economies.

The CEO of Coasters Company mentioned that new digital trends, such as cloud computing, mobile web services, smart grids and social media, are radically changing the business landscape, reshaping the nature of work, the boundaries of enterprises and the responsibilities of business leaders.

These trends, he said, enable more than just technological innovation and spur innovation in business models, business networking and the transfer of knowledge and access to international markets.

“The change Africa must embrace today is to digitize or risk collapse like many businesses chose to remain in the Jurassic era,” he said.

The MOBEX, Mr. Quaye said, remains the biggest platform to learn all about what it takes to transform one business into a digital future through the conferences, master-classes and products and services.

Hon. Carlos Kingsley Ahenkorah, Deputy Minister of Trade and Industry, who opened the conference, said the government is embracing the digital revolution and called on players in the ICT sector to partner state institutions to transform the economy.

He said the government is committed to growing a viable and successful private sector to lead the nation into prosperity and the technology industry is no exception.

The organisers said the 2017 MOBEX seeks to direct the global spotlight on local Ghanaian and African technological innovations, in terms of attracting investments to breakthrough into the international market.

 

 

Source: therepublicnewsonline.com/Felix Engsalige Nyaaba

The Republic News Online

Leave a Reply

Your email address will not be published. Required fields are marked *