Building friends and family in the startup ecosystem.

   +2348 026 614 824   25 Coates Street Ebute-Metta, Oyingbo Mainland, Lagos

Why Technology is an Enabler

Spread the love

Technology as an Enabler: Industrialization is The Path to Technology’s Success

In today’s rapidly evolving world, technology often takes center stage as the driving force behind economic growth and prosperity. However, Mr. Olajide Abiola, a renowned entrepreneur, military veteran, solutions architect, and CEO and Founder at Gidanka, reminds us of a fundamental truth: before technology can become a vibrant industry, all other sectors and industries must be reasonably developed because technology is an enabler.

Mr. Olajide Abiola Said:

“Before Technology can be a vibrant industry, all other industries and sectors must be reasonably developed because technology is an enabler.

Before applying mechanized tools to farming, for instance, there ought to be an existing and thriving agricultural/farming sector and industry. You can’t just come and apply or input an enabler to something that doesn’t exist.

Before mechanized equipment was applied to America’s agricultural sector, it thrived on the labour of slaves, but the point here isn’t the slave labour. The point is that there was a thriving agricultural industry that technology as a tool required to thrive.

Technology is an enabler that will become an industry that will thrive when all other industries have reasonably evolved.

Calm down on the buzzwords.

Any country where you see technology producing impact and wealth is a heavily industrialized country. This is where Africa must get her priorities right, particularly in not getting carried away by modern cliches, rhetorics, and buzzwords.

Also, the developed world has already built most of the legacy systems upon which most of the other innovations are built. Operating systems, hardwares, chips, Databases, Enterprise Softwares, Ecosystems (app stores), etc. These are facts.

We should focus a great deal on our competitive advantages. The greatest wealth and economic prosperity will come from these places and not from tech. Before you quickly bring up or point to the contribution of tech to our GDP, I would like to also quickly point to the fact that telecoms represent 95% of that. In addition to that, 100% of the hardware and software that power the telecoms infrastructures are developed and produced by the East and Europe.

The potential and the possibilities of tech are directly proportional to the growth and development of the real sectors.

Even in tech-advanced nations, you will see that the richest people, the biggest generators of broader wealth and prosperity, and the largest employments aren’t from tech.

To get more from tech, we must be heavily industrialized enough for technology to enable a lot and also grow bigger”

The following are the key points from Mr. Olajide Abiola’s nuggets on Technology as an Enabler

Understanding Technology as an Enabler

Before we rush to apply mechanized tools to various sectors, such as farming, there must be a solid foundation in place. In other words, you can’t simply introduce technology as an enabler to something that doesn’t exist. For instance, America’s agricultural sector thrived even before the application of mechanized equipment, emphasizing the importance of a thriving industry that technology can enhance.

The Role of Industrialization

Mr. Jide emphasizes that technology thrives when all other industries have reasonably evolved. He urges us to calm down on the buzzwords and clichés that often overshadow the need for industrialization in Africa. He points out that any country where technology produces significant impact and wealth is heavily industrialized. Africa must get its priorities right by not getting carried away by modern rhetoric and buzzwords.

Leveraging Competitive Advantages

In contrast to the developed world, which has already built the foundation for technological innovation, Africa should focus on its competitive advantages. The real sectors hold the key to the greatest wealth and economic prosperity. While technology contributes to GDP, the telecom sector represents a significant portion of that contribution, with all the necessary infrastructure components being developed elsewhere.

The Link Between Technology and Real Sectors

Mr. Jide underscores that the potential and possibilities of technology are directly proportional to the growth and development of the real sectors. Even in technologically advanced nations, the richest people, the primary generators of broader wealth and prosperity, and the largest employers often stem from industries outside of tech.

Taking Action for Economic Prosperity

To harness more from technology, Africa must prioritize industrialization. Only when industries across the board are well-established can technology truly enable growth on a grand scale. By taking this path, Africa can unlock its true potential and build a prosperous future.

In conclusion, Mr. Olajide Abiola’s insights offer a blueprint for Africa’s economic transformation. He emphasizes the importance of industrialization and the role of technology in Africa’s future. It’s time to focus on real sector development and pave the way for technology to flourish as an enabler of prosperity.

For more nuggets and business hacks Join StartupFC (Startup Founders’ Club) now, the journey to growth for your startup business! Click HERE to join


Leave a Reply

Your email address will not be published. Required fields are marked *