E-Business
Africa, Mideast ICT Market to Grow 9% in 2015- IDC
Spending on ICT products and services in the Middle East and Africa (MEA) will cross the $270 billion mark in 2015 and the IT market expected to grow 9 per cent year on year in 2015, according to International Data Corporation’s newly released predictions for the year ahead.
This makes MEA the second-fastest growing market worldwide, with the SaaS segment set to perform particularly strongly, expanding 29 per cent year-on-year to total.
Converged systems will be another key area of growth as more organizations look to leverage the agility, productivity, flexibility, and cost-saving benefits presented by such solutions.
“Converged systems will gain prominence in 2015 and serve as the building blocks to software-defined environments across the MEA region in 2016 and beyond,” said Megha Kumar, research manager for software at IDC Middle East, Turkey, and Africa.
“In the Middle East, demand will be particularly strong from Smart City initiatives and the implementation of large-scale transportation projects, while in Africa the lack of legacy systems will enable organizations to leapfrog to the latest converged technologies as they strive to ease the pressures of ongoing skills shortages.”
IDC expects SaaS uptake to be focused on non-critical workloads such as sales, marketing, CRM, and talent management, with public cloud adoption growing in the region.
However, private cloud will continue to be used for critical apps and to provision shared services.
“Analytics uptake will also rise in 2015, since organizations consider it easier to comprehend than Big Data, both in terms of technology and the value derived from the solution,” continues Kumar. “Big Data will predominantly remain an opportunistic buy in 2015 for a select band of large enterprises, and vendors will need to increase their focus on educating end users and showcasing the value gained from successful deployments if they wish this scenario to change.”
“The year 2015 is also expected to see the rise of the executive buyer, with the MEA region set to follow the worldwide trend of growing line-of-business (LoB) influence over IT spending,” said Jyoti Lalchandani, group vice president and regional MD at IDC Middle East, Turkey, and Africa.
“Globally, 60 per cent of enterprises plan to structure their IT initiatives into core IT projects and LoB IT projects,” explained Lalchandani.
“The CIO will remain in control of the purse strings for the former, but the latter will be at the mercy of the relevant departmental heads. This presents a whole new target audience for the region’s vendor community and raises the prospect of even more shadow IT projects taking place, particularly around the 3rd Platform technologies of cloud, big data, mobility, and social.”
Top 10 ICT predictions for MEA in 2015:
1. MEA ICT Spending to cross $270 billion in 2015
2. IaaS & SaaS will begin to cannibalize & disrupt traditional software & services base
3. The need for agility will drive demand for converged systems
4. Open Data will begin to drive MEA Smart Cities to Innovate
5. Telecommunication firms in MEA will transform to become IT & Digital services players
6. Security investments will remain reactive due to 3rd Platform uptake
7. The 3rd platform will fuel sector-wide technology innovation
8. Big Data will remain an opportunistic buy in MEA for 2015
9. Mobile will continue to drive innovation in 2015
10. Line of business will impact IT spending; the rise of the executive buyer
Visa, global payment services giant, has announced plans to establish a data centre infrastructure in Nigeria.
Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima
According to a statement by Stanley Nkwocha, senior special assistant to the president on media and communications (office of the vice-president) on Friday, Andrew Torre, Visa’s regional president for central and eastern Europe, the Middle East, and Africa, spoke during a courtesy visit to Vice-President Kashim Shettima at the presidential villa in Abuja.
“This is in addition to its investments of over $1 billion in the country, including a substantial technological partnership with @moniepoint to foster digital payment solutions, a $200 million investment in Interswitch, and a partnership with @thriveagric to empower smallholder farmers and enhance food security in Nigeria,” the statement reads.
During the meeting, Torre said the plan to establish the data centre infrastructure aims to bring new technologies into the Nigerian market that would bolster the nation’s growing digital economy.
“Visa has been making investments and will continue to make these investments in Nigeria,” he said.
Responding, Shettima welcomed Visa’s expansion efforts, assuring the delegation that the partnership between Visa and the Nigerian government would continue to flourish.
The vice-president commended the company for investing in ThriveAgric, noting that President Bola Tinubu’s administration is deeply committed to repositioning the agriculture sector, which remains a top priority in its 8-point agenda.
“Nigeria is where the action is. Of the 10 fintechs in Africa, about eight are in Nigeria, with moniepoint as the newest addition,” Shettima said.
“Agriculture is key to the 8-point agenda of the present administration. President @officialABAT is really keen on repositioning the agriculture industry here, and we have to invest in technology, we have to invest in modernisation.”
On January 23, Moniepoint, a Nigerian fintech company, announced it secured investment from Visa to support the growth of small and medium enterprises (SMEs).
Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima
Federal Capital Territory Administration (FCTA) has approved N242.8m for the procurement of a Microsoft 365 licence for its Internal Revenue Service (FCT-IRS) as part of efforts to digitise the service’s operations.
Mr Michael Ango, acting executive chairman of FCT-IRS, disclosed this after the FCT Executive Committee meeting chaired by Mr Nyesom Wike, the minister of FCTA, in Abuja on Wednesday.
Ango said that the FCTA was making significant investments in technology to enhance revenue generation and collection.
“So, this is also one of those investments in technology that the FCT is undertaking.
“The licence, if procured, will enhance our ability to move most of our manual processes into automated processes.
“It will enhance our ability to communicate within our offices,” he said.
The executive chairman added that the move would also reduce the use of paper and ensure better record-keeping through the storage of information and documents in the cloud.
According to him, “The licence will essentially enhance our operations and assist us in generating revenue for the development of the FCT under Wike’s leadership.”
Rack Centre, West Africa’s Tier III Carrier and Cloud neutral data centre, has welcomed Olla Cloud Service, a new private cloud service by Olla Systems Limited, a leading provider of innovative technology solutions, to its facility.
Hosting at Rack Centre, Olla Cloud Service runs on a state-of-the-art, cloud-enabled infrastructure for enterprise applications across diverse platforms, including mission critical application, web applications as well as containerised applications using Kubernetes.
Lars Johannisson, CEO, Rack Centre, welcoming Olla Systems, noted that the partnership with Olla Systems Limited would reflect the company’s commitment to providing African businesses with high- quality cloud computing services.
He noted that Olla Systems would enjoy Rack Centre’s 13.5MW data centre campus facility, designed to meet the highest international standards and offering scalable solutions to Hyperscalers, Enterprises, and Cloud service providers.
As part of its commitment to sustainability, the facility is equipped with energy-efficient systems, advanced cooling technologies to mitigate environmental impact and an optimally-designed feature to handle high-density workloads with precision.
According to Johannisson, “With Olla Cloud Service hosting at Rack Centre, clients will experience fast performance and low latency, enabling businesses in Africa to access world-class cloud computing services within a secure and compliant local infrastructure.”
Also speaking, Olusola Adenuga, chief executive officer, Olla Systems Limited, expressed enthusiasm about hosting at Rack Centre, noting that Olla Cloud remains a groundbreaking private cloud solution for businesses.
While highlighting the benefits of the partnership between Rack Centre and Olla Systems, Adenuga disclosed that “subscribing to Olla Cloud Service is cost-effective to customers because of its local currency payment advantage.”
She also noted that the partnership between the duo, provides businesses the opportunity to meet regulatory requirements of data residency, while enjoying world-class infrastructure as a service (IaaS) locally.
“Other benefits of hosting with Olla Cloud include: 24/7 support, unparalleled performance, scalability and agility.” she added.
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