Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for the ‘emerging economies’ Category

Out Of Africa, Or In?

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There’s been a lot of very exciting news from IBM out of Africa of late, where IBM is actively expanding its operations as part of its continued geographic expansion to increase its presence in key growth markets.

Just earlier today, IBM announced details of a $3M deal with the Commercial Bank of Ethiopia to support the bank in a major modernization and business expansion program.

With its new IT infrastructure, the bank plans to increase its number of accounts by 25 percent per year, launch 200 new ATMs per year, and open 500 new branches over the next five years.

That’s just one recent example.

IBM also opened subsidiary offices in Tanzania and Senegal this year, and IBM now has a direct presence in over 20 African countries (with more offices planned).

IBM also recently announced a deal with Bharti airtel to create an integrated telecommunications infrastructure to enable mobile phone communications throughout 16 countries in sub-Saharan Africa.

If you visit here, you can learn more about IBM’s numerous African-related announcements over the past two years. There, you can also hear directly from some African citizens and IBMers about IBM’s Corporate Service Corps initiatives in Africa.

From Russia With Bailouts

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Das vi dan ya.

That’s “goodbye” in Russia.  So I should probably learn hello.

Answers.com explained it’s dobro pozalovat.

So, dobro pozalovat to Yandex, the Russian search engine, which followed short on the heels of LinkedIn’s IPO and went public earlier today on the Nasdaq, raising some $1.3B (dollars, not rubles).

Apparently, the issue was some 17 times oversubscribed, surprising considering that Yandex only has about 64% market share (although it is still the largest Web site in Russia).

Also a done deal: Twitter buys TweetDeck for roughly $40M.  This has been rumored for some time, but apparently it’s really happened this time.  Really.  Seriously.  #ftw

Is this the beginning of a great Twitter consolidation?

When a TweetDeck falls in the virtual Twitter forest, does it even make a sound???

Well, I’m just glad to see someone out there’s making some deals.

After watching HBO’s docudrama rendition of Aaron Ross Sorkin’s 2010 book about the financial crisis, Too Big To Fail, last evening, one might start to wonder.

I read the book.

The movie’s probably easier to consume in many ways, minus all the boring financial mumbo jumbo details, although it nearly made me ill to replay that denouement from the fall of 2008.

But, I have to say, William Hurt made for a wonderful SecTreas Henry Paulson, understated and steely, and James Woods cracked me up as vulgar Richard Fuld, the former CEO of Lehman Brothers.  And Paul Giamatti as Fed Chairman Ben Bernanke…another classic performance by Giamatti.

The movie seemed to raise a central question: Was Paulson the hero who saved the day or the insider who protected the interests of his industry?

You get to watch the film (or read your history book, if you’re so inclined) and be your own judge.

But kudos to the HBO team for making a compelling film about what could have easily become a trite and boring re-enactment.

It was anything but boring…now, having seen it and completely paranoid, if I could only figure out a way to move all my retirement savings into a small bomb shelter immune from market movements if not the elements!

Written by turbotodd

May 24, 2011 at 3:01 pm

Netbooks In Africa

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How about a netbook for $190 U.S.?

Today, Canonical and IBM announced a partnership with Simmtronics to offer the Simmtronics netbook, the Simmbook, to emerging markets at just that price.

Starting in South Africa, the Simmbook is preloaded with IBM Client for Smart Work, which includes IBM Lotus Symphony (productivity suite), access to IBM LotusLive cloud collaboration services, and the choice to add other IBM Lotus collaboration software like Lotus Notes and Lotus Sametime.

This move helps bridge the gap between low price and high performance, providing a desirable form factor (the netbook) with an affordable software and OS footprint, one that provides a better computing option for those in small-medium businesses, non-profits, and even academia which might not otherwise be able to afford these types of collaboration resources.

“As Africa makes economic strides during a time when new technologies like cloud computing are emerging, the Simmbook netbook with LotusLive, Lotus Symphony, Lotus Notes and Ubuntu Linux provides businesses with a complete solution at an affordable price,” said Clifford Foster, IBM sub-Saharan CTO.

“CIO’s, IT directors and IT architects from all type of organizations in South Africa — even those that typically cannot afford new, expensive personal computers — can now legitimately consider netbooks instead of PCs for business use.”

Designed specifically for mobile computing, the Simmbook provides the power of a full-sized laptop in a compact body. IBM Client for Smart Work is IBM and Canonical’s complete desktop package that’s open, easy to use, and offers a security-rich alternative to costly, proprietary PC software, such as Microsoft Windows.  It  can help lower costs by up to 50 percent of a typical Microsoft PC.

Simmtronics is working closely with IBM to provide low cost computing in emerging markets around the world.   In addition to African countries, the low-cost Simmbook will also be available in India, Thailand and Vietnam.

The new Simmbook preloaded with IBM Client for Smart Work can be purchased online directly from Simmtronics using this order form http://www.simmtronics.com/order_form.php.  Simmtronics and IBM plan to continue to work with clients to offer the Simmbook at a competitive price to other countries around the world.

Written by turbotodd

March 25, 2010 at 9:44 pm

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