Connect with us

E-Business

Emerging Markets to Surpass Mature Regions in Enterprise Systems Spending

Published

on

Kindly share this post

The regional landscape for enterprise storage is in the midst of change as spending in emerging markets begins to outpace spending in more mature regions.

According to new research from International Data Corporation (IDC), Central Europe, Middle East, and Africa (CEMA) will surpass Japan in terms of enterprise storage end user spending in 2014.

And by 2015, Asia/Pacific (excluding Japan)(APeJ) will unseat a struggling Western Europe as the second largest region behind only the United States.

“Some emerging regions, specifically, APeJ, the Middle East, and Africa, will continue growing at high rates, fueled by long-term demands for storage and the creation of new storage infrastructures in fast-growing economies,” said Natalya Yezhkova, research director, Storage Systems at IDC.

“Other emerging regions are expected to maintain growth rates that are comparable to those of more mature regions.”

Overall, after two years of exceptional growth, the enterprise storage systems market has come back to earth as users embrace more efficient ways to store data.

End-user spending is now expected to grow at a modest compound annual growth rate (CAGR) of 4.1% during the 2012—2017 forecast period, reaching $42.5 billion by 2017.

However, a slowdown in revenue growth is no indication that end-user demand for storage capacity will be diminished. Digital media and content, data protection, and archiving will be among the major drivers behind continuous demand for more storage capacity.

 
“Adoption of storage efficiency technologies and cloud services will contribute to modestly slower growth in enterprise storage system capacity shipped,” added Yezhkova.

More than 102 exabytes (EB) of external and over 36EB of internal storage system capacity will be shipped in 2017, still significantly higher than the 20EB external and 8EB internal storage shipped in 2012.

To store the data in the most efficient way, users must not only implement various technologies that help eliminate redundant copies of the data or boost utilization rates of available storage assets, but also increasingly consider moving beyond their own datacenters and adding third-party storage services (public and private) to the pool of viable storage options.

Additional findings from IDC’s forecast followed that emerging regions (APeJ, CEMA, and Latin America combined) will account for one third of worldwide enterprise storage systems spending by 2017, up from 28% in 2012.

Also, annual growth in storage capacity shipped is expected to remain moderate: 35–40% for external storage and 33–38% for internal storage; customers from emerging regions are less tied to legacy infrastructures and are more open to considering a broad range of solutions, including products from regional and local suppliers and cloud service offerings.

 


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

E-Business

Ride the ‘Wicked’ Wave: Temu Brings Green Magic to Christmas

Published

on

Kindly share this post

Temu is set to enchant the holiday season with its unique blend of green magic, bringing a touch of festive wonder to Christmas celebrations. The initiative, themed “Ride the ‘Wicked’ Wave,” promises to deliver an unforgettable experience, combining technology, entertainment, and commerce to create a magical holiday atmosphere.

Temu

Temu’s green magic initiative aims to captivate audiences with a variety of festive offerings, from fashion to home decor, handmade crafts, beauty items, chic clothes, shoes, and more.

The platform’s innovative approach ensures that customers can enjoy a seamless shopping experience, with free shipping on all orders1.

As part of the celebration, Temu has also introduced a magical winter Christmas backdrop, perfect for creating a festive ambiance at home.

This backdrop, made from high-quality polyester, is designed to bring the spirit of the season to life, making it an ideal addition to any holiday decor.

With its commitment to providing exceptional products and services, Temu continues to set new standards in the e-commerce industry, ensuring that customers can enjoy the magic of Christmas in style


Kindly share this post
Continue Reading

E-Business

Kaspersky Cybersecurity Experts Warn of Evolving Holiday Scams

Published

on

Kindly share this post

With the holiday season here, it’s not only a time for magic and celebration but also a prime opportunity for fraudsters to exploit the festive rush for gifts and bargains.

Kaspersky Cybersecurity Experts Warn of Evolving Holiday Scams

Amid the sparkle of year-end celebrations, cybersecurity experts at Kaspersky have identified several prominent scams targeting consumers across various regions and languages.

Fake holiday shops

Deceptive online stores mimic the look and feel of legitimate e-commerce sites, offering seasonal items such as decorations, gifts, and even trees at steep discounts.

These sites often appear highly localised, adapting their language and currency based on the user’s geographic location, leveraging data extracted from browsers.

Victims typically encounter these stores by following links in ads or pop-ups.

These sites aim to steal funds. Often, these fraudulent stores exist only for a short period, as they get flagged by the vendors of goods.

Free mobile data offer

This scam plays on the allure of free services, claiming to provide free mobile data valid across all major telecom providers.

In order to receive the free data, victims are required to share the promotion link with 10–15 contacts via WhatsApp, ensuring the scam spreads exponentially.

After sharing, victims are prompted to enter their personal details — name, phone number, and email — into a form.

The collected data is then sold on the Dark Web or used in other fraudulent activities.

In some cases, victims unknowingly download malware that compromises their devices, leading to further exploitation.

Holiday payments on behalf of government agencies

Fraudsters impersonate government authorities, promising fictitious payments in celebration of the holidays.

This scam has been reported in several African countries, including Kenya and Nigeria.

To receive payment, victims are directed to fill out a survey which requires personal details like name and phone number.

Once the survey is completed the user is asked to share the link to the announcement with their connections via WhatsApp.

These details are collected and added to fraudulent databases, then sold to third parties or used for phishing attacks and identity theft.

This scam exploits trust in government systems and the festive spirit of giving.

Christmas recipe scam

This scam begins with a seemingly harmless email promoting a holiday cake recipe.

Victims are encouraged to pay a small fee to access the recipe.

Once payment is made, the victim’s credit card information is stolen. The fraudsters also collect other personal information essential for accessing banking services.

“Holiday scams are not a new phenomenon, but they have evolved to become increasingly sophisticated, leveraging regional traditions and technology to exploit unsuspecting victims.

The rush of the holidays makes people more vulnerable — they’re distracted, eager to grab a deal, or trust promotions that align with festive themes. Cybercriminals are not just stealing money — they’re building massive databases of personal information that fuel future fraudulent schemes.

The holiday season is a time for joy and giving, but users need to remain vigilant to ensure they’re not unknowingly giving fraudsters the tools to exploit them further,” said Olga Svistunova, Senior Web Content Analyst at Kaspersky.

 

 

 

 

 

 


Kindly share this post
Continue Reading

E-Business

Hackers Seize NBS Newly Redesigned Website

Published

on

Kindly share this post

Cybercriminals have persisted in targeting Nigerian government websites, with the most recent attack on the National Bureau of Statistics (NBS).

Hackers Seize NBS Newly Redesigned Website

The NBS confirmed the development in a brief statement posted on its X (formerly Twitter) account

It said that its newly redesigned official website has been hacked.

The NBS disclosed the incident and assured the public that efforts are underway to recover the website.

It urged the public to disregard any messages or reports posted until the full recovery of its website.

The statement on X read: “This is to inform the public that the NBS website has been hacked, and we are working to recover it. Please disregard any message or report posted until the website is fully restored.”

The NBS plays a vital role in Nigeria’s development, serving as the official statistical agency responsible for collecting, analyzing, and disseminating statistical data on the country’s economy, governance, and development

This marks the latest in a series of attacks on Nigerian government websites, a trend that has been ongoing for some years.

From government ministries to officials, cyberattacks in Nigeria have surged to alarming levels, with even financial institutions falling victim.

The Nigerian Communications Commission (NCC) and National Information Technology Development Agency (NITDA) frequently issue warnings of cybercriminals targeting individuals, government entities, banks, and telecom companies.


Kindly share this post
Continue Reading

Trending