PwC Nigeria Set to Establish Innovation and Experience Centre

Fintech
2835 VIEWS
Proshare - Facebook Proshare - Twitter Proshare - Linked In Proshare - WhatsApp
Proshare

Friday, May 10, 2019  /  06.30PM  /  Ottoabasi Abasiekong for Proshare WebTV / Header Image Credit: Guardian

 

Price Waterhouse Coopers (PwC) as part of efforts to support enterprise development and technological advancement in Nigeria, is set to launch its Innovation and Experience centre later in the year. 

The Senior Regional Partner of the Audit company , Mr Uyi Akpata, disclosed this recently at the first Accounting Technology Summit hosted by the Institute of Chartered Accountants of Nigeria (ICAN). 

According to Akpata the centre will serve as a hub to encourage entrepreneurs who have innovative ideas that can deepen financial services and also provide other critical services, that can transform the economy. 

It will also serve as a platform for encouraging growth and development of a digital economy in Nigeria. 

The experience centre will be of value to those in the accounting profession seeking to adapt to emerging technologies that will shape the practice. 

Akpata believed with the fourth industrial revolution driven by digital technology, professions like Accounting must either adapt or face extinction.

 

He listed eight (8) emerging technologies that have the largest cross-industry impact;

  • Internet of Things
  • Robots
  • Augmented Reality
  • Drones
  • 3D Printing
  • Blockchain
  • Artificial Intelligence
  • Virtual Reality

 

Also citing the World Economic Forum Future of Jobs 2018 Report, he noted that the entire global job ecosystem will be disrupted and transformed by technology. 

From the WEF report the top 10 emerging roles that will need to be watched by 2022 are the following;

 

  • Data Analytics and Scientists
  • AI and Machine Learning Specialists
  • General and Operations Managers
  • Big Data Specialists
  • Digital Transformation Specialists
  • Software and Applications Developers and Analysts
  • Sales and Marketing Professionals
  • New Technology Specialists
  • Organizational Development Specialists
  • Information Technology Services

 

He also said that the Accounting profession is adapting to the disruption brought by new technologies, in the following areas;


  • Massively investing in emerging technologies
  • Deploying new solutions in the Audit space
  • Leveraging Data for Business Intelligence
  • Adoption of Cloud Computing Services
  • Evolving new Business Models
  • Reviewing their People strategy
  • Acquisition of niche players
  • Trainings and Capacity Development 


Proshare Nigeria Pvt. Ltd.


Related News

1.       Disruption and Innovation - Presentation At The FintechNG Retreat by Dr Andrew Nevin of PwC Nigeria

2.      AI in Fintech – Current Applications and Use Cases

3.      E-Settlement Partners SERIATE For Acquisition and Deployment of 20,000 mPOS

4.      Winds of Change: The Case for New Digital Currency

5.      SEC Nigeria CMC Inaugurates FinTech Roadmap Committee

6.      Collaboration Is Key to Making Nigeria a Reference Point in Fintech -AdeRemi Atanda

7.      #FintechNGRSocialMeet3-Stakeholders Harp On Collaboration Between Banks And Fintechs

8.     FINTECH Nigeria Social Meet 3.0 to Hold on November 1, 2018

9.      How The Rules of The Game Are Changing in Africa’s Banking Sector

10.  The World Federation Of Exchanges Responds To Global Financial Network (GFIN) Consultation

11.   FirstBank To Host FinTech Summit on Oct 17 - The Future of Banking – the Role of AI and Big Data

12.  Britain Can Become The Natural Global Home For Fintech

13.  Consumer Insights can Reform Digital Banking in Nigeria – Agusto and Co

14.  Fintech Association of Nigeria Kicks-off Fintech Learning Series with SEC

15.   FinTech Forward 2018 Supports The Recognition Of World Investor Week

16.  Unifying Fintech Communities in Africa - Ghana

 

Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP