E-Business
The Benefits of Backup as a Service (BaaS)
Backup as a Service (BaaS) is a solution that allows you to keep copies of your data in the cloud and call them back when you need to use them. It’s storage, but one that’s done on the cloud.
It’s also potentially unlimited, but you only pay for the storage space that you use. And this is just one of the many attractive things about it.
This article takes you through some of the advantages of this technology, and how you could benefit from having it.
Why Backup as a Service?
We are generating more data than we have ever done. Businesses, for instance, are recording customer and transaction information, digitizing payroll, and supporting their operations with virtual tools. This is happening globally; the sum of data that’s being created as a result is mind-boggling.
The entities that generate all this material—whether they are individuals or organizations –may want to store them somewhere. They could need them to use their material in the future.
Traditionally, we kept our data in hard drives, solid-state drives, and tape drives. These were sufficient when we produced a fraction of the data we churn out today. But as our world became more dependent on digital technology, businesses have shifted away from on-premise storage solutions to the off-premise cloud.
Cloud storage is represented physically by data centers, often run by third party companies. These ‘cloud service providers’ allow their client businesses to store their data on its servers, through virtual storage applications. An example of a cloud service provider in Nigeria is Layer3.
Unlike the older solutions, the cloud offers you potentially limitless storage. And that’s the most important reason why businesses are adopting BaaS.
How Backup as a Service Works
You probably know what a backup means. It’s saving copies of data somewhere so you can retrieve them if the other copies are lost.
The “as a Service” component means that it’s backup that you can purchase. You could pay for backup capacity that suits your needs. There’s no fear that your service provider will run out of it, so you can always scale up your backup capacity if you’re able to pay for it.
BaaS becomes useful when there’s been a loss of data. This could happen due to human error, power outage, a natural disaster, or even a cyber-attack. If you don’t have backup for your files before any of these things happen, you risk losing them permanently. But if you have backed up your files, you’ll still be able to access them even if they are removed from your systems.
Cloud service providers also help you with Disaster Recovery, which allows you to get your data and applications running again within a few minutes of losing your first copies.
What You Can Enjoy With BaaS
- Unlimited Storage
Hard drives have limited storage capacity. This is a drawback for organizations that produce huge amounts of data that they need to backup. The cloud doesn’t have this problem.
In 2018, there were about 33 Zettabytes (33 trillion gigabytes) of data housed in the global cloud. That’s a lot more than all the information stored on every device on the planet, combined. By 2025, we could have up to 125 Zettabytes of data on the cloud. And we’ll still be able to host more on it afterward.
- Pay as You Use
You may set up onsite storage and wind up using just a fraction of its capacity. This would mean that you have spent more money per unit storage than you should have. It’s the sort of loss you may encounter if you’re using on-site storage hardware.
The cloud lets you avoid this sort of thing. You can scale up or scale down your BaaS capacity very quickly; all you’ll need is to pay the commensurate fee for the scale of service. This can save you a lot of costs, and free up resources that you can allocate elsewhere in your business.
- Managed Service
What BaaS does is hand the maintenance of storage to another party. But they are not just ‘another party’. Cloud service providers like Layer3 are experts at what they do. They can draw on their experience with the cloud and IT infrastructure when they manage your storage.
This is more cost-effective than handling your storage in-house. You won’t have to spend a lot of money hiring extra IT staff or training existing employees to manage storage equipment.
- Easier Data Recovery
It could take you days to recall data that you have stored on your hard drive. You will need much less time to retrieve the same amount of data from the cloud. And if you’re using Disaster Recovery, it will take you only a few minutes to get your lost files back up.
This could be the difference between your business operating at a fraction of its capacity for a week or more and running smoothly even when there’s been a major disruption.
- Support
If you encounter issues with your backup, you can always ask them to help you resolve them. And if you have any questions about how the service works, you can contact them for answers as well. Traditional storage doesn’t come with these added advantages.
Conclusion
Without adequate backup for your files and applications, you risk losing them forever. It’s a risk you shouldn’t take if you want your operations to run smoothly.
Layer3 provides remote backup service to several organizations in Nigeria. This BaaS solution allows clients to choose their preferred backup location and also secures their data so that it remains accessible to them. When disaster strikes and onsite data are lost, they can always retrieve them from our cloud, quickly, and with little effort.
If you would like to boost your organization’s storage capacity with cloud storage, you can reach out to us, and we’ll get it done for you. Contact us here to request a demo.
E-Business
Effective Software, Hardware Training Will Boost Development – Okpalanedu
Prince Constantine Okpalanedu, Chief Executive Officer, Gadgethub Ltd, a Political Scientist turned Techpreneur, with strong strength in sales of technology products and solutions, speaks to ICT Reporters about his over 16 years of commitment to tech innovation, tech-trend adaptation, software and hardware training, among others. Excerpts:
As a Political Scientist turned techpreneur, what motivated your choice of career in the tech space and what has been your impact on the technology sector?
As a Political Scientist turned tech entrepreneur, my transition into the technology sector has been nothing short of transformative. My deep-rooted belief in technology as a powerful catalyst for social change and empowerment has shaped every aspect of my journey.
While my academic background in political science provided me with a comprehensive understanding of governance, societal structures, and human interactions, it also heightened my awareness of the pressing challenges we face as a society.
It became increasingly clear to me that technology holds the key to scalable and innovative solutions, particularly in emerging markets like Nigeria.
In essence, my motivation for venturing into tech business can be distilled into several key themes: Passion for problem-solving.
I have always been driven by a desire to tackle real-world challenges head-on. Technology: With its unparalleled ability to revolutionise access to information and enhance business operations, seemed like the ideal platform for me to make a meaningful impact.
Desire for impact: The potential to create a product or service that could positively affect the lives of millions captivated me. Inter-disciplinary skills: My background in political science armed me with invaluable skills such as analytical thinking, strategic planning, and the foresight to anticipate societal trends.
These skills have proven essential in navigating the complexities of building a successful tech-enterprise. I was excited about the chance to push boundaries, solve tech related problems, and make a lasting impact on society. The impact of my endeavours in the technology sector can be summarised through key achievements such as pioneering IT services and products.
As the founder of Gadgethub Ltd, I have led efforts that provided individuals and businesses with cutting-edge technology solutions. Our innovations have significantly enhanced productivity and connectivity, empowering our clients to thrive through our e-commerce platform, www.gadgethubng.com.
We have democratized access to quality, affordable tech tools for small and medium enterprises. This access is vital for fostering growth and enabling entrepreneurs to scale up their businesses.
Emerging technologies like Artificial Intelligence (AI) and Machine Learning (ML) are fast driving innovation across different sectors. How are you leveraging AI to drive innovation?
At Gadgethub limited, we are at the forefront of embracing artificial intelligence (AI) as a transformative tool that fuels innovation and delivers significant value to our clients and customers.
The integration of AI into our operations encompasses a variety of critical dimensions. We are revolutionising customer interactions by employing AI-powered chatbots and virtual assistants throughout our platform. These intelligent systems provide personalised support and ensure quick resolutions to inquiries, creating seamless customer experience.
What are some of the activities of Gadgethub that stand it out?
At Gadgethub, we specialise in providing a comprehensive range of technology supplies, hardware, and software solutions. Our services include the installation and remote management of IT systems to address our clients’ technological needs effectively while they focus on their daily operations.
Additionally, we conduct thorough reviews of emerging technology trends, which we disseminate through our social media channels and blog platforms. We also offer training programmes for undergraduates in both hardware and software disciplines.
Furthermore, we provide our clients with expert technical advice at no cost, assisting them in selecting the most suitable products and software to enhance their business operations.
How has Gadgethub positioned itself to be at the forefront of tech innovation?
At Gadgethub, our core competency lies in addressing the contemporary demands of technology products and services. We accomplish this through a diverse team of seasoned IT professionals, each possessing extensive experience in the field.
Our team actively participates in seminars and technology trade fairs, both domestically and internationally, to remain informed about the latest advancements and trends in the technology space.
What makes Gadgethub unique in the IT space?
The three core principles that distinguish us are trust, timeliness, and teamwork. We consistently endeavour to exceed our clients’ expectations. In essence, we are committed to upholding trust and excellence in our daily operations.
Furthermore, one of our fundamental values is our responsibility to contribute positively to the environments in which we operate. We conduct ourselves with integrity, even in the absence of oversight. Ultimately, we regard God as our greatest strength and partner in our endeavours.
What are some of the major projects that spurred high moments in your career?
Some of our major projects that spurred high moments, include: the successful installation of alternative power solutions, specifically solar power, and closed-circuit surveillance (CCTV) systems at the Chief Tunde Afolabi Infectious Disease Centre, University College Hospital, Ibadan during the COVID-19 pandemic in 2020. The project was subcontracted to Gadgethub by Xspeedo Integrated Services Ltd.
Secondly, we were part of government intervention by successfully installing intelligent disinfectant channel machines in various companies and government institutions throughout the same Covid period.
Additionally, one of our high moments was when we conducted consultancy services and market intelligence surveys for Chikason Group and other investor companies interested in investing and gaining a share in the Nigerian technology market.
Lastly, we have consistently provided significant cost advantages to numerous companies and institutions, facilitating substantial savings in their procurement of IT products and services.
What is your advice for the youths that see you as their role model?
In everything you pursue in life, priorities your faith—put God first and let that guiding principle shape your actions. Alongside this, focus on working smart rather than just hard; remember that there are no shortcuts on the path to true success.
Surround yourself with friends and associates who engage in legitimate business practices, as this can provide a positive and supportive environment. Maintain a low profile and steer clear of controversies; by consistently making the right choices, you will find that divinity may very well come your way.
As we progress, I would like to take this opportunity to sincerely thank our esteemed customers and clients for their continued support and trust in our services. We also extend a warm invitation to other businesses to join our growing list of clients. Companies should be rest assured that we are committed to delivering exceptional satisfaction and fostering a prosperous partnership with them in 2025.
Most times, people use emerging technology tools for the wrong things like hacking. What is your take on this, and how will you advise against the negative use of emerging technologies?
First is to encourage ethical awareness. It is crucial for developers and users to embrace ethical frameworks and fully comprehend the implications of their actions. A proactive approach to cybersecurity must be adopted by all users.
It is essential for governmental bodies and technology organisations to establish and enforce laws that impose penalties for the misuse of technology while simultaneously fostering an environment that incentivises responsible innovation, and promote positive applications.
For instance, the use of AI in advancing healthcare, blockchain technology to enhance transparency in transactions, and the role of Internet of Things (IoTs) in modernising agricultural practices are powerful examples that can motivate users to leverage their skills for constructive purposes.
Educate the general public. about the potential risks associated with misuse, can empower members of society to identify and avoid unethical behaviours when engaging with technology.
We should prioritise the culture that encourages responsibility, transparency, and with that, we can unlock the full capabilities of emerging technologies for the benefit of all while simultaneously mitigating their potential negative consequences.
What is your view about government support for small tech businesses in Nigeria, and what form of government policies do you think will enhance the growth of small businesses?
As a passionate business owner in the dynamic tech sector, I firmly believe that robust government support for small businesses is essential for nurturing innovation, creating job opportunities, and fueling economic growth.
However, many small tech enterprises in Nigeria grapple with considerable obstacles, including limited access to funding, insufficient infrastructure, and erratic policy implementation that hinder their progress.
It is crucial for the government to initiate targeted programmes such as tech funds and grants, low-interest loans, and venture capital funds, specifically designed for tech start-ups.
For small tech businesses to thrive, they require an environment conducive for productivity. This involves reliable electricity, affordable internet connectivity, and access to collaborative workspaces or technology hubs.
Providing tax breaks or holidays for small businesses during their formative years can alleviate financial pressure considerably. The proposed tax reform bill has the potential to significantly benefit small businesses and support their sustainability.
On a special note, I would like to express our gratitude to the Lagos State Employment Trust Fund – www.lsetf.ng for their invaluable support.
Through this initiative, our company, Gadgethub, has successfully accessed an SME loan at a favorable single-digit interest rate of 9 per cent, with a repayment schedule stretched over 18 months, enabling us to continue our journey of innovation and growth.
How will you describe the business environment in 2024, and what are your expectations and projections for 2025?
The Nigerian business landscape in 2024 has been characterized by a complex interplay of significant challenges coupled with promising avenues for growth.
Here are my detailed observations for the year: The relentless grip of persistent inflation, alongside soaring interest rates, has significantly elevated the overall cost of conducting business in Nigeria. This economic strain has compelled many enterprises to reassess their operational strategies to maintain profitability.
With anticipated reforms and burgeoning international partnerships, there is optimism that Nigeria could experience improved macroeconomic stability in the near future. These advancements could lead to a reduction in inflation rates and enhanced liquidity in the foreign exchange market, creating a more conducive business environment.
As the internet penetration deepens and the rollout of 5G technology accelerates, the adoption of emerging technologies like Artificial Intelligence, the Internet of Things (IoT), and Blockchain, is expected to gain considerable momentum.
This technological leap will foster an innovative ecosystem ripe with opportunities. In parallel, the demand for cloud computing and cybersecurity services is projected to soar as more businesses transit into the digital realm, highlighting the importance of safeguarding data and information.
What is your take on Nigeria’s digital transformation initiative, and how will the initiative benefit small tech businesses in Nigeria?
Nigeria’s digital transformation initiative, spearheaded by the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, marks a pivotal moment in the country’s journey into technological advancement.
The initiative aims not just to enhance innovation, but also to streamline operations and stimulate significant economic growth for small tech businesses. The benefits of the initiative are abundant and multifaceted.
The Nigerian government is prioritising the expansion of broadband accessibility and the overall digital infrastructure. The commitment resulted in a more stable and accessible platform for tech enterprises.
Startups can capitalize on improved connectivity to deliver their products and services with greater efficiency, ultimately enhancing customer experiences and operational workflows.
The Minister has delineated nine crucial policy initiatives that are set for review and implementation. These policies hold the potentials to significantly empower small tech businesses, providing them with the structure and support necessary to up-scale their operations and innovate without constraints.
By nurturing local talent, the initiative ensures that tech businesses have access to a continuous stream of capable professionals who can drive their growth and innovation and broadened market access.
Nigeria currently has a high rate of digital skills dearth. What in your view should the government and the private sector do to address the challenge?
Nigeria’s digital skills gap presents a formidable barrier to the nation’s economic growth and its competitiveness on the global stage. To effectively tackle this pressing issue, a comprehensive set of work plans are necessary for both the government and the private sector to undertake: national digital skills strategy.
Government should prioritise the creation and implementation of a robust national strategy focused explicitly on digital skills development. This strategy must emphasize the importance of technology education, continuous up-skilling, and the concept of lifelong learning, ensuring that all citizens have access to the digital knowledge necessary to thrive in a rapidly evolving job market.
It is crucial to allocate substantial funding towards enhancing ICT infrastructure, which includes the installation of reliable internet access across both rural and urban areas, thereby bridging the digital divide. Improved connectivity is essential for facilitating access to digital education and resources.
E-Business
Konga Kicks Off 2025 with Unbeatable Discounts in ‘Jara’ Promotion
Nigeria’s foremost composite e-commerce giant, Konga, has announced its first major sales event of 2025—Konga Jara.
This exciting campaign offers shoppers massive discounts of up to 70%, providing a perfect opportunity to save big and kickstart the year with unbeatable deals.
The 2025 edition of Konga Jara, themed “Confam New Year Deals,” commenced on Wednesday, January 1, and is set to run through Friday, January 31.
The promotion is accessible across all of Konga’s platforms, including its online store at www.konga.com and retail outlets nationwide.
Konga Jara is a well-loved annual shopping campaign designed to deliver extra value to customers, as its name implies.
The initiative is a thoughtful response to the financial challenges many Nigerians face in January, offering a wide range of products at heavily discounted prices to ease their burdens and meet their needs.
Shoppers can look forward to incredible deals on various items, including essential food staples such as bags of rice, cooking oil, tomato paste, condiments, and beverages.
Other discounted categories include Fast Moving Consumer Goods (FMCG), computing, groceries, fashion items, home and kitchen appliances, and quality wines and spirits, as well as non-alcoholic beverages.
In addition to the exceptional discounts, Konga Jara meets the yearnings of customers seeking value and affordability as it addresses the practical challenges of post-holiday season shopping.
By delivering competitive prices and substantial savings, the campaign reinforces Konga’s commitment to enhancing the shopping experience for its teeming customer base.
Speaking on the promotion, Kunle Ajani, Head of Marketing at Konga, highlighted the campaign’s strategic timing and consumer-centric approach. “We understand that January can be a challenging month for many.
“Konga Jara is our way of supporting our customers and helping them start the year on a positive note. With discounts of up to 70% across various categories, shoppers can enjoy great value and significant savings while purchasing essential items and more.”
Konga Jara continues to solidify the e-commerce giant’s reputation as the go-to platform for unbeatable deals, customer satisfaction, and quality products. With its expansive reach and seamless shopping experience, Konga invites everyone to take advantage of these exceptional “Confam New Year Deals” and make their 2025 shopping even more rewarding.
E-Business
NBS Votes N35m for Cybersecurity after Cyber Attack
National Bureau of Statistics (NBS) has allocated N35 million in its 2025 budget for enhancing cybersecurity measures, following a cyber attack on its website on December 18, 2024.
Shortly after releasing its crime experience and security perception survey, the NBS website was compromised.
The bureau had reported that Nigerians paid N2.23 trillion in ransom between May 2023 and April 2024.
In addition to bolstering cybersecurity, the NBS’s N9.85 billion budget includes several significant initiatives.
These consist of N500 million for the Labour Force Survey, N80 million for the production of the Consumer Price Index, and N60 million for compiling quarterly GDP reports.
Other notable allocations are N55 million for the National Agricultural Sample Survey, N50 million for monitoring the 8-Point Agenda, and N45 million for service delivery capacity building.
Additionally, there are projects like N15 million for demographic statistics and N9 million for the Annual Abstract of Statistics.
Credit: newsdigest
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