A SaaS (Software as a Service) business is 1) a software company that sells their product through, 2) recurring payment (subscription) payment plans. This makes them different than a software company that sells through a one-time payment or another non-recurring method. It also makes them different from other businesses with non-software products also sold on a subscription basis, such as magazines or live-chicken-of-the-month clubs.
An ecommerce business is any business where the transaction occurs through a website. A software company can be a SaaS company, but not be an ecommerce business, if you can't pay through their website (for example, if they only accept payment in the form of live chickens).
Most projects have rigid deadlines which are relatively easy to observe and adhere to. All that is needed is proper planning and the right amount of dedication. The exception, however, is any project involving software development.
The range and number of "things" connected to the internet is truly astounding, including security cameras, ovens, alarm systems, baby monitors and cars. The Internet of Things is connecting more devices every day, and we're headed for a world that will have 24 billion IoT devices by 2020. They're are all going online, so they can be remotely monitored and controlled over the internet. But many have security or privacy holes.
The growth of the internet of things (IoT) is drastically changing how consumers interact with their cars, homes and appliances, but the aptly named second digital revolution has major implications for industries too. From machine-learning, machine-to-machine communication to artificial intelligence, the industrial internet of things (IIoT) takes IoT technologies and directly applies them to industrial concerns and in the process improves efficiency and productivity.
Guys...guys...guys...remember when we talked about AI (artificial intelligence), and we talked about 'dumb' everyday objects being hooked up with savvy tech and becoming smart? Well, we've come full circle, here for a proper discussion on how the inanimate things we own will know everything about us soon enough (if they don't already) Yes, even the uncomfortable stuff.
The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. Cars, kitchen appliances, and even heart monitors can all be connected through the IoT. And as the Internet of Things grows in the next few years, more devices will join that list.
So people wonder why so many Kenyan apps fail, is it cause we aren’t intelligent enough to understand the complex software our local software experts develop? Is the stereotype true of the African user? On the contrary here are some of the reasons that play a huge role in poor application adoption by the Kenyan market.
From Salesforce.com to Netflix and YouTube, SaaS is starting to reshape the way we work in the same way it changed how we play and connect. So what is it exactly and how does it work?
It's your flash drive, it's your file explorer, it's your dad's old floppy disk. NVM is a form of computer memory that remains even after your computer has been refreshed or turned off. Types of non-volatile memory include: Read-only memory (R.O.M), flash memory and a lot of magnetic storage devices such as floppy disks, hard drives and magnetic tapes.
NVM is long term persistent storage, as compared to volatile memory like Random Access Memory (R.A.M). where information stored within it is lost if power is turned off.
NVM can be classified into two groups:
- Electrically addressed sysytems. Data here is stored by 'burning' storage sites onto the device. Examples of such include: Programmable Read only Memory (PROM) and Erasable Programmable Read Only Memory (EPROM)
- Mechanically addressed systems. These can store comparably larger amounts of data than the electrically addressed systems, onto a designated contact storage medium. This includes flash memory and Magnetoresistive Random Access Memory (MRAM) and Optical dsiks.
However, there's a reason NVM is used for secondary storage. It is of slower performance and has worse write endurance than volatile RAM. (Write endurance is the number of times data can be written and erased and rewritten into a block of memory until the storage device wears out.)
Researchers are currently working on NVM systems that have the speed and capacity of a volatile RAM and the long term persistent nature and high storage capacity of Non-volatile memory.
A virtual credit card is a generated credit card number attached to your actual credit card, which can be set for quick expiry by the user. MasterCard and Visa offer this service, as does the Cooperative Bank of Kenya.
Considering how ubiquitous it is for the average Kenyan to carry money in their phone: Back in 2011 actually, Airtel Africa in partnership with Standard Chartered Bank and MasterCard Worldwide announced PayOnline, the world's first virtual payments card that operated off a mobile phone based wallet. A person would request a single-use shopping card number directly from their mobile phone's menu and a special 16-digit number would be generated.
PayOnline never blew up but the concept stuck. An intangible, disposable credit card. It conceals the name and identity of the card holder in such a manner that hackers and scammers won't be able to access one's sensitive information. Virtual credit card numbers can be used more than once but it is advised to keep its use to a minimum and instead, generate a new number for every trip to the world of online shopping. The less you use it, the less your chances of fraud and theft.
Virtual credit cards cannot be used in the real world in place of real credit cards that need to be swiped. They can only be used for online transactions.