Connect with us

E-Business

Konga, Yudala Merge to Disrupt Ecommerce

Published

on

Konga, Nigeria’s largest online mall and Yudala, Africa’s pioneer composite e-commerce company have officially announced a merger of their operations which will see them effectively become the biggest organized retail and e-commerce/marketplace outfit on the African continent.

 

The business merger, which takes effect from Tuesday May 1, will see both companies operate under the Konga brand name.

 

The strategic decision will see both companies leverage the combined strengths of both platforms and is expected to further broaden the scope of organized retail and e-commerce in Nigeria and deliver more value to customers and merchants.

“Combining forces to power the new Konga will enable us effectively achieve our goals of platform expansion and accelerated growth, as we embark on an ambitious journey to redefine the retail ecosystem with the industry’s most advanced technology,” disclosed Olusiji Ijogun, Konga chairman.

 

“Effective from May 1st, Yudala will now operate under the name Konga, with dual CEOs in the persons of Nick Imudia who will be in charge of online among others and Prince Nnamdi Ekeh who will be responsible for offline. This merger will further strengthen our position in the Nigerian retail market as we creatively position Konga as the first profitable e-commerce company in Africa.

“The efficiency of Konga’s cutting-edge online platform, access to thousands of merchants and Yudala’s expansive network of fully stocked offline stores is poised to give our customers the best shopping experience imaginable. We will be working closely with all our combined clients, customers, merchants and employees to make the integration process as seamless as possible and thereafter make public our road map to sustain our leadership on the continent,” Ijogun said.

 

One of the exciting benefits of this merger is the possibility it offers prospective shoppers to order online, pay and pick-up the product(s) at the nearest Konga offline store. There are also increasing business opportunities for merchants nationwide.

 

“We are very excited about the operational merger between Yudala and Konga into the new Konga,” noted Prince Ekeh.

 

“A merger of this magnitude has never been experienced in Africa. We will be leveraging on Konga’s strong technology backbone and online experience as well as Yudala’s offline experience, network of retail stores and operational efficiency. In the near future, we plan to have a Konga store in every local government area in Nigeria. While this is ambitious, we believe that every Nigerian deserves the right to have access to the full range of genuine products offered by Konga,” Prince Ekeh declared.

 

Plans are also underway to showcase the full power of the merger with expanded access to thousands of products in Konga online and offline stores for all categories of shoppers.

 

According to Imudia, “We believe this operational merger between Konga and Yudala will bring immense opportunities for consumers in the e-commerce space. We urge all shoppers, consumers, merchants and clients to stay tuned as we unveil the massive ambitious contents we have to offer.”

Widely applauded by industry watchers as a masterstroke, the merger will broaden the range of products and solutions on offer within the Konga/Yudala stable, while giving the customers and merchants more options and access to an expanded variety of guaranteed quality offerings and payment methods.

 

The Konga Business platform will now include two distinct but fully integrated aspects including Konga Online, the e-commerce/marketplace platform and Konga Retail, the offline arm of the business.

 

Both will be supported by Konga Pay, a CBN-licensed mobile money platform and Konga Express, a world-class logistics company with advanced delivery capabilities for internal and external customers.

 

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

E-Business

Global IT Spending to Hit $3.8tn in 2019 – Report

Published

on

Worldwide IT spending is projected to total $3.8 trillion in 2019, an increase of 3.2% from the expected spending of $3.7 trillion in 2018.

This is according to the latest forecast by market analyst firm Gartner, which says enterprise software spending is forecast to experience the highest growth in IT spending with an 8.3% increase in 2019.

“While currency volatility and the potential for trade wars are still playing a part in the outlook for IT spending, it is the shift from ownership to service that is sending ripples through every segment of the forecast,” says John-David Lovelock, research vice-president at Gartner.

“What this signals, for example, is more enterprise use of cloud services; instead of buying their own servers, they are turning to the cloud. As organisations continue their digital transformation efforts, shifting to ‘pay for use’ will continue. This sets enterprises up to deal with the sustained and rapid change that underscores digital business.”

Gartner says software-as-a-service is driving growth in almost all software segments, particularly customer relationship management (CRM), due to increased focus on providing better customer experiences.

It believes cloud software will grow at more than 22% this year compared with 6% growth for all other forms of software.

While core applications such as enterprise resource planning, CRM and supply chain continue to get the lion share of dollars, security and privacy are of particular interest right now, says Gartner.

It points out that 88% of recently surveyed global CIOs have deployed, or plan to deploy cyber security software and other technology in the next 12 months.

In 2018, the market analyst firm says, data centre systems are expected to grow 6%, buoyed by a strong server market that saw spending growth of more than 10% over the last year, and in 2018 will come in at 5.7% growth.

However, by 2019, servers will shift back to a declining market and drop 1% to 3% every year for the next five years, Garner notes, adding that this, in turn, will impact overall data centre systems spending as growth slows to 1.6% in 2019.

The firm points out that IT services will be a key driver for IT spending in 2019 as the market is forecast to reach $1 trillion in 2019, an increase of 4.7% from 2018.

It says an expected global slowdown in economic prosperity, paired with internal pressures to cut spending, is driving organisations to optimise enterprise external spend for business services such as consulting.

In a recent Gartner study, 46% of organisations indicated IT services and supplier consolidation were in their top three most-effective cost-optimisation approaches.

Worldwide spending for devices (PCs, tablets and mobile phones) is forecast to grow 2.4% in 2019, reaching $706 billion, up from $689 billion in 2018.

Gartner says demand for PCs in the corporate sector has been strong, driven by Windows 10 PC hardware upgrades that should continue until 2020. However, the PC market may see some impact from the Intel CPU shortage. While this shortage will have some short-term impacts, Gartner does not expect any lasting impact on overall PC demand.

The current expectation is that the shortage will continue into 2019, but Intel will prioritise the high-end CPU as well as the CPUs for business PCs, says Gartner, adding that in the meantime, AMD will pick up the part of the market where Intel cannot supply CPUs.

“PCs, laptops and tablets have reached a new equilibrium state. These markets currently have stable demand from consumers and enterprises. Vendors have only subtle technology differentiation, which is pushing them to offer PC-as-a-service in order to lock clients into multiyear recurring revenue streams and offer new bundles of service options,” says Lovelock.

Continue Reading

E-Business

MDXI Achieves Microsoft Gold Data Centre Competency, SAP Recertification

Published

on

MDXI, data centre provider, has attained the Gold Data Centre certification from Microsoft, thus strengthening its position as one of the leading Cloud Services providers in Africa demonstrating “best-in-class” capability to meet Microsoft’s customers’ needs.

The Gold Data Centre is the highest partnership level with Microsoft in Data Centre Competencies and is the pinnacle for Cloud Productivity in Microsoft’s Partner Network program.

Attaining Gold Partner status is an important step for MDXI in its drive towards supporting local companies face issues on digital transformation, particularly in relation to their data centre and computing platform strategies.

To obtain the certification, MDXI has demonstrated the highest commitment to the integration of the latest Microsoft products, with proven expertise to help costumers drive innovative solutions on the latest Microsoft platforms.

“The Gold Competency provides MDXI with a competitive advantage that helps us offer our customers the most relevant Microsoft solutions in the market. With this competency, MDXI is accredited as a partner to transform data centres into more flexible, scalable, and cost effective solutions using Microsoft Azure Cloud and hybrid solutions.

This will enable us deliver greater value to our customers with best-in-class staff that have been subject to rigorous exams, proven implementation and satisfaction references auditable,” says Gbenga Adegbiji, General Manager, MDXI.

The new milestone proves MDXI’s commitment to enabling digital transformation for its customers through constant improvement in delivering only the best services with competency levels including Silver Cloud Platform; Silver Data Centre; Silver Small and Midmarket Cloud Solutions; and Silver Application Development competencies.

In a similar vein, German business software maker, SAP, has given MDXI a clean bill of health with its recertification as a provider of infrastructure services for its cloud solutions.

This recertification endorses the ability of the company to deliver high-quality cloud and infrastructure operations services for customers running SAP solutions and confirms MDXI can continue to host and manage SAP applications using the company’s enterprise cloud platforms.

As a SAP-certified provider of hosting services, MDXI offers cost-effective yet reliable delivery models for mission-critical applications for customers of SAP.

SAP customers that rely on MainOne’s data centre for hosting services are empowered to focus on the business value of their solutions and benefit from reduced operational expenses that a commercial data centre provides.

Continue Reading

E-Business

Oracle Academy Steps Up ICT Training in Nigeria

Published

on

The Oracle Academy announced a collaboration with the Federal Ministry of Education of Nigeria (FMoE) to create new computing education pathways for local students.

According to a statement, through the agreement, FMoE plans to integrate Oracle Academy computer science curriculum and resources across 10,000 academic institutions across the country, reaching over 1.5 million students within the region.

Over the next three years, Oracle Academy will also facilitate the training of 4,000 educators at the secondary and higher education levels to teach computer science.

Permanent secretary, FMoE, Arch, Sonny S.T Echono, said, “As we are all aware, ICT has become the driver of competitiveness in the world today. It has redefined efficiency and productivity, and changed the dynamics of the world of work. Oracle Academy is well-known globally for the advancement of computer science education. There is therefore, no doubt that our partnership with Oracle will bring great improvements to the education sector and Nigeria as a whole.”

Adebayo Sanni, Managing Director, Oracle Nigeria, added, “As technological innovation increasingly drives our global economy, computer science skills become even more critical.

We look forward to continuing our collaboration with the Federal Ministry of Education in Nigeria through Oracle Academy, and advancing our collective educational mission to support students and teachers in computer science and drive diversity in technology.”

In its statement, Oracle Academy added that it will facilitate a ‘Train-the-Trainer’ course to prepare teachers and faculty members as instructors for the following courses: Database Foundations; Database Design and Programming with SQL; Programming with PL/SQL; Java Foundations; Java Fundamentals, and Java Programming

Continue Reading

Trending

Copyright © 2017 Communication Week Media Limited.