What assets does your business own, where are they, and what are they worth? Papua New Guinea software company Kumulsoft has developed a solution that provides the answers, CEO Marsh Narewec tells Business Advantage PNG.
ICT
Business Advantage PNG receives a guided tour of one of the region’s leading digital consultancies, Deloitte Digital in Melbourne, and meets a digital evangelist with a passion for Papua New Guinea.
In recent times, Fijian companies have been attracted to Papua New Guinea because of the size of its market. There are plenty of reasons for PNG companies to look in the other direction.
A Papua New Guinean entrepreneur developed an app to sell power on the streets and partnered with the state-owned energy company PNG Power. His product is helping the community have better access to electricity.
Satellites are the new frontier for internet connectivity, and that’s going to benefit businesses in Papua New Guinea as the country gets serious about cloud computing, technology entrepreneur and futurist Mark Pesce tells Business Advantage PNG.
PNG DataCo is in discussions with the operators of the new H2 undersea cable being laid between Sydney and Hong Kong. A branch line into Papua New Guinea could open up greater global connectivity as well as lower prices and improved reliability.
Security firms are becoming more sophisticated in how they deter, monitor and apprehend individuals committing crimes, according to Laine Kidner, Chief Executive of consultancy Connected South Pacific. He also tells Business Advantage PNG that it’s important for businesses to understand why crime occurs in Papua New Guinea.
Undersea fibreoptic cables are set to revolutionise internet connectivity in Papua New Guinea and the responsibility for that infrastructure locally falls to PNG DataCo. Managing Director Paul Komboi updates Business Advantage PNG on the Kumul Submarine Cable Network, and outlines the state-owned telco’s long-term strategy.
Data costs are likely to fall by 80 per cent because of the Coral Sea Cable System, which is scheduled to be connected to Port Moresby later this year, according to Peter Williams, Chief Executive of Deloitte Digital. He believes Papua New Guinean businesses will have to rethink their approach to investment, hiring, management and technological roll out.
The high speed Coral Sea Cable System, expected to be completed by the end of this year, will open up development possibilities for several Papua New Guinea industries. Laine Kidner, Chief Executive of data centre services company Connected South Pacific, outlines some of the outstanding opportunities to Business Advantage PNG.