Safaricom, Lori systems announce sponsorship for IoT and AI Summit 2019

A panel discussion ongoing at a past East Africa IoT and AI Summit

Safaricom and Lori Systems have timely penned their sponsorship towards the East African regional Internet of Things and Artificial Intelligence (IoT & AI) Summit.

The summit, an annual two-day event on its third year running, is slated on the 22nd and 23rd August 2019 at the Radison Blu Hotel in Nairobi and shall be running under the theme; Harnessing the Power of IoT & AI to Drive Digital Transformation.

“For companies to realize the full potential of IoT enabling, they need to combine IoT with rapidly-advancing Artificial Intelligence (AI) technologies, which enable ‘smart machines’ to simulate intelligent behavior and make well- informed decisions with little or no human intervention,” said Laura Chite, CEO CIO East Africa.

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Lori, a venture-backed start-up, is building a technology enabled cutting-edge logistics infrastructure in Africa, by tackling a massive annual spend on haulage across the continent. Its tech-enabled and operations-driven marketplace efficiently connects transport to cargo while its supply chain management system brings transparency and has significantly improved flexibility, reliability, and cost savings.

The company recently closed a landmark raise from globally leading institutional and strategic investors, winning the Techcrunch Battlefield Africa.

At the summit, Lori shall engage in the new IoT and AI trends that can impact business and how to use the same for driving Digital Transformation.

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Safaricom leads in the provision of converged communication solutions in Kenya, in addition to providing a broad range of first-class products and services for Telephony, Broadband Internet and Financial services.

It seeks to uplift the welfare of Kenyans through value-added services and support for community projects having the widest modern mobile network coverage in Kenya and priding in its experienced shareholders, attractive tariffs, a nationwide network of effective dealers, high caliber staff and management that has hitherto enabled it to maintain its position as the region’s mobile market leader.

Already, integrating AI into its networks as a prerequisite for success in its digital ecosystem, Safaricom joins the summit to learn New Innovative Ideas for the betterment of the firm.

Over the coming years, ongoing advances in AI will have profound impact on business operations and strategies in virtually every industry, tasking businesses to move rapidly to identify and drive value from combining AI and IoT technologies.

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