There are now more than 1 billion people around the world who have mobile phones but no bank accounts. It is is therefore not surprising that Mobile Financial Services have been hailed as an effective means for providing the unbanked population in emerging markets with access to essential financial services. Providers like M-Pesa in Kenya or M-Paisa in Afghanistan (researched on the ground by frog executive creative director Jan Chipchase) have gained traction and are considered to be potentially groundbreaking “reverse” innovations that could also inspire business models in developed markets where Mobile Financial Services are on the rise, too (nearly 30 million Americans accessed financial services accounts through their mobile phones in the fourth quarter of 2010, a 54% rise on the same period the previous year, according to comScore). But how widespread is the adoption of these services really among “the unbanked”?
How do you build a collaborative mindset in a company? Collaboration needs to be seen as a process that happens over time, and that the crucial groundwork for successful collaboration needs to be laid before the "actual" collaborative work happens.
Agile software methodologies have gained widespread adoption in both traditional software and telecommunications product development in the past few years. However, with the radical approach to software development introduced by the agile methodology, lots of myths and misconceptions regarding effective testing in this environment have sprung up.
The consulting firm Zinnov Management Consulting released its Global R&D Service Providers (GSPR) Rating 2011 last week. The rating is an annual study undertaken by Zinnov to “assist business leaders in spearheading global engineering initiatives and in order to facilitate them in identifying the right partners across geographies.”
Global mobile data traffic tripled for the third year in a row in 2010, and, according to Cisco, the total mobile data traffic will grow to 6.3 exabytes per month by 2015, a massive 26-fold increase over 2010. This unprecedented demand for bandwidth puts huge strains on all parts of the mobile ecosystem, and to address it a plethora of technologies are coming on line, such as EV DO, HSPA +, LTE, and now LTE-Advanced. Additional benefits come from multi mode devices, intelligent small cells (which include distributed processing and smart antennas, such as femtocells), and heterogeneous network topologies that spread the load across various types of base stations. While helping address bandwidth issues, these innovations come with a downside: highly complex networks that are expensive to manage.
Traditionally, telcos have sold “communication” as the application over an underlying “connectivity” capability. However, the advent of an all-IP telecom network has forced the telcos to open up their “connectivity” capability. Today, they sell both “connectivity” as well as “communication.” But, the market has been smart enough to quickly commoditize the telcos’ “connectivity” service, and today, connectivity has become the commoditized infrastructure for a buzzing marketplace camped on the Cloud (and the Internet in general).