E-Business
Storage Software Market Jerks To 6.3% 2Q2014-IDC

Results from the International Data Corporation (IDC) Worldwide Storage Software QView show the worldwide storage software market increased 6.3% year over year during the second calendar quarter of 2014 (2Q14). Revenue during the quarter totaled nearly $3.8 billion.
EMC, IBM, and Symantec were the top ranking storage software suppliers with market shares of 25.9%, 16.0%, and 13.3%, respectively.
Data Protection & Recovery software sales were up 10.2% year over year to $1.45 billion in sales.
Sales of Storage Infrastructure Software were up 10.8% year over year to $448 million. And Storage & Device Management Software sales were up 4.1% year over year to $708 million.
“The storage software market experienced broad growth across most functional markets in the second quarter,” said Eric Sheppard, research director, Storage Software at IDC. “Sales of data protection and recovery software accounted for almost 60% of the net-new spending during the quarter, driven by a market-wide move to improve application resiliency, continued uptake in appliance-based offerings, and healthy attach rates within the integrated systems market.”
The second quarter of 2014 marks the first time IDC has measured the size of the software-defined storage platforms (SDS-P) market.
Sales of SDS-P were just 3.5% of the total market value, but grew more than 15.7% during the quarter. Software-defined storage platforms is a new functional market added to the total storage software market that covers block, file, object, and/or hyperconverged software offerings that enable the creation of a storage system.
IDC refers to software-defined storage as platforms that deliver the full suite of storage services via a software stack that uses, but is not dependent on, commodity hardware built with off-the-shelf components. To learn more about IDC’s definition of software-defined storage platforms, please see IDC’s Worldwide Storage Software Taxonomy, 2014.
IDC’s Worldwide Quarterly Storage Software QView is a quantitative tool for analyzing the global storage software market.
This QView counts new license and maintenance revenues quarterly and provides data segmentations by vendor, submarket, functional product family, and region.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets.
IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy.
More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries.
In 2014, IDC celebrates its 50th anniversary of providing strategic insights to help clients achieve their key business objectives.
IDC is a subsidiary of IDG, the world’s leading technology media, research, and events’ company.
E-Business
Nigeria Launches Cybercrime Team with Commonwealth, UK Support

Nigeria recently launched a new joint case team to step up its response to cybercrimes that affect people and businesses at home and abroad.
The ‘Joint Case Team on Cybercrime’ brings together Nigeria’s key justice and security agencies to work as one, making it easier to detect, investigate, and prosecute digital offences.
It is supported by the UK National Crime Agency, the UK Foreign, Commonwealth and Development Office, and the Commonwealth Secretariat, as part of a wider effort to promote international cooperation on cybercrime.
Speaking at the launch in Abuja, Prince Lateef Fagbemi SAN, minister of justice and attorney general of the federation described the initiative as “a bold and transformative stride in Nigeria’s justice system.”
He said that although Nigeria has a national legal framework to address cyber offences, laws alone are not enough.
Nigeria is among the countries most affected by cybercrime around the world, with increasing financial losses.
E-Business
INEC Sets Up AI Division to Strengthen Electoral System

Independent National Electoral Commission (INEC) has announced the establishment of an Artificial Intelligence (AI) Division within its ICT Department.
This marks a significant stride toward enhancing electoral integrity, efficiency, and innovation in Nigeria’s democratic process.
This decision was reached at the Commission’s regular weekly meeting held in Abuja, following a series of consultations and engagements on the global and continental impact of AI on elections.
In a statement issued by Sam Olumekun, national commissioner and chairman of the Information and Voter Education Committee, INEC underscored that the growing relevance of AI in electoral matters necessitated a proactive institutional framework to manage both the risks and opportunities it presents.
“Our interactions with electoral bodies across Africa highlighted both the risks of AI—such as fake news and content manipulation—and the vast potential it holds for data-driven decision-making, risk mitigation, automated voter services, and geo-spatial intelligence for logistics,” Olumekun noted.
According to him, the newly created division will centralise the Commission’s AI efforts, ensuring a harmonized approach to deploying intelligent systems that enhance decision-making, improve voter engagement, and boost the credibility of the electoral process.
“The creation of this division puts the Commission at the forefront of institutionalizing AI capabilities in electoral management.
It is also part of our ongoing reforms in areas where administrative action is sufficient to drive change,” he said.
He added that the AI Division will help INEC better coordinate its existing technological investments while providing safeguards against the misuse of AI technologies.
“We are positioning ourselves to maximise the positive impact of AI while mitigating its negative implications. This step strengthens the credibility and transparency of elections in Nigeria,” Olumekun concluded.
The initiative, INEC emphasised, reflects its commitment to embracing innovation in safeguarding democracy and improving electoral services nationwide.
E-Business
CAC, NIBSS Unveil Platform for Data Access to Private Firms

Corporate Affairs Commission (CAC) in partnership with the Nigeria Inter-Bank Settlement System (NIBSS) has unveiled a new Application Programming Interface (API) integration system to allow private firms access company data from the Commission’s database.
Hussaini Ishaq Magaji (SAN), registrar general of CAC, who spoke in Abuja at the unveiling said the system would give selected private organizations access to CAC services through technology-based companies, called “super agents.”
“This is a practical step to show that the Commission is committed to meeting the expectations of our customers,” he said.
Magaji explained that the integration allows the agents to retrieve data from the CAC database for use in specific client requests, outside the standard services provided by the Commission.
“Before now, only a few government agencies had this integration, especially those involved in investigations, anti-money laundering, and terrorism financing. Now, private companies that meet the criteria can also access it,” he said.
He said the system complies with the Nigerian Data Protection Act 2023, and information such as residential addresses, phone numbers, and dates of birth may be restricted.
“This is a call to law firms and companies with the right technology. We’ve started with NIPS because of their credibility. Embassies and banks can now authenticate company records directly through them.”
“There are prescribed fees. We already collect them on our portal, and now customers can also pay through these agents,” he explained.
He named NIPS, MoneyPoint, and OPE as some of the companies involved.
“OPE and MoneyPoint handle only registrations. But NIPS has moved further into validation and verification,” he said.
Ngover Ihyembe-Nwankwo, executive director at NIBSS, who represented Premier Oiwoh, managing director, said the service allows secure and efficient data verification.
“This is the result of years of effort to connect our systems with CAC. It will help users verify data within the limits of data protection laws,” she said.
She said the move is a way to lower costs and promote interoperability across the financial sector.
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