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Nigeria in Positive as MEA IT Market Records Mixed fortunes

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Contrary to a general trend of decline in ICT equipment and device shipment across the Middle East and Africa (MEA) markets, there was still cheering news in the shipments of blade servers which grew 10.9 per cent across the region, with the biggest annual growth seen in Nigeria, UAE, Pakistan and Oman.

According to latest results published by IDC (International Data Corporation), the premier global provider of market intelligence, advisory services, and events for the IT, telecom and consumer technology markets, the overall MEA x86 server market suffered a 5.9 per cent year-on-year decline in unit terms during the first quarter of 2013 but a 3.0 per cent increase in value to reach $321.94 million.

Zeeshan Gaya, research manager for servers and systems at IDC MEA and Turkey said Saudi Arabia continues to be the bright spot among the Gulf Cooperation Council (GCC) countries, registering year-on-year unit growth of 31.0 per cent.

 “Deals within the education and government sector were the major contributors to the high uptake. But in sharp contrast, the UAE market experienced a severe decline of 21.5 per cent over the same period, with no sizeable projects taking place in the country.”

Overall, the GCC suffered a drop of 10.8 per cent in volume during Q1 2013 but expanded 4.4 per cent in terms of revenue. Bahrain and Qatar registered double-digit drops in x86 shipments of 28.4 per cent and 17.6 per cent, respectively.

Key initiatives in the banking sector accelerated Oman’s growth by 12.6 per cent in volume and 58.2 per cent in revenue, year on year.

Kuwait remained mostly flat for the quarter, expanding 1.4 per cent in volume on the back of a few deals in the education and government sectors.

The downward trend continued in the North African market in Q1 2013, with shipments to the region declining 25.1 per cent year on year. “In Morocco, there was shrinkage in the number of deals taking place in both the public and private sectors during the quarter, with several key projects either resized with smaller budgets or simply postponed,” said Gaya.

“The government and the oil and gas sector remain the highest spending verticals in Algeria and Tunisia, although the first quarter of the year was very slow in both countries, with very few projects taking place.”

As previously forecast, the South African x86 server market experienced a year-on-year unit decline of 11.7 per cent.

IDC observed that the main drivers for the country market in Q1 2013 were the business services, government, finance, and retail sectors.
“Telecom operators are continuing to invest in server infrastructure to expand their datacenters as they seek to diversify their service offerings, largely around readiness for cloud service delivery as the demand for cloud services start unfolding,” said Gaya.

“The small and medium-sized business (SMB) space continues to show demand for servers as such organizations are late deployers’ of server virtualization and IT infrastructure renewals. The public sector was also relatively active in Q1 2013 as national governments headed towards their budget deadlines and allocated additional spending to clear up any remaining funds.”

The overall negative trend was observed uniformly across all form factors in the MEA region. Towers took the biggest hit, suffering a 15.5 per cent decline in shipments year on year, followed by rack and density-optimized servers, which slumped 8.7 per cent and 4.2 per cent, respectively.

Contrary to this trend, shipments of blade servers grew 10.9 per cent across the MEA region, with the biggest annual growth seen in the UAE, Pakistan, Oman, and Nigeria.

Eight-socket servers took a hit in the first quarter of the year, recording a year-on-year volume decline of 41.8 per cent.

One-socket and two–socket server shipments shrunk by 9.1 per cent and 4.9 per cent, respectively. Two-socket servers remain the dominant capability, comprising more than half the MEA market with 70.3 per cent volume share.


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Glo Urges Workers to Reflect on Furthering National Growth on May Day

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Telecommunications services provider, Globacom, has admonished Nigerian workers to reflect on more ways of contributing further to the growth of the country.

In a solidarity message on the occasion of the 2024 International Workers’ Day, the company noted that Nigerian workers were resilient in spite of the challenges they encounter in the course of discharging their duties.

The telecommunications giant further noted that the story of Nigeria cannot be adequately chronicled without acknowledging the immense contributions of workers, both in the public and private sectors.

The day is observed on May 1 yearly in recognition of the contributions of workers all over the world and to advance fairer and more sustainable future by advocating for workers’ rights.

“We salute Nigerian workers on this day and commend them for the hard work, commitment, resourcefulness and industry which are essential for the growth of the economy of any nation,” Globacom said.

 


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CWG Board of Directors Approves 400% Increase in Dividend Payout

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CWG Plc has announced a significant milestone in its commitment to delivering value to shareholders. Following a thorough review of the company’s financial performance and outlook, the Board of Directors has approved a substantial increase of 400per cent in dividend payout to shareholders.

This decision reflects CWG’s confidence in its financial stability, growth trajectory, and ability to generate sustainable returns. By enhancing the dividend payout, CWG aims to reward shareholders for their continued trust and support while reaffirming its commitment to creating long-term value.

Mr. Philip Obioha, Chairman of the Board of Directors at CWG Plc, said, “The decision to approve a 400% increase in dividend payout underscores our confidence in CWG’s performance and outlook. We are dedicated to delivering value to our shareholders and believe that this significant dividend increase is a testament to our commitment to shareholder value creation.”

This increase in dividend payout aligns with CWG’s strategic objectives to prioritize shareholder interests and maintain strong financial discipline. The Board remains committed to prudent financial management and sustainable growth, ensuring that CWG continues to be a reliable investment for shareholders.

As CWG continues to execute its growth strategy and expand its presence in the market, the Board anticipates that the increased dividend payout will further strengthen investor confidence and support CWG’s vision for the future.


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Prof. Aliyu, AI Practitioner to Keynote ABoICT 2024

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CommunicationsWeek Media Limited, a certified global ICT company with over two million online subscribers, is delighted and proud to announce Prof. Yakub Aliyu, as the keynote speaker at Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture series 2024.

 

Aliyu, will be speaking on the theme: Artificial Intelligence (AI): The Good, The Complex and The Anticipated”, this leans heavily on the fact that AI changing our lives– we just need to know where to look today.

This year’s rebranded Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture/Awards Series is slated for Saturday, May 25, 2024 at the Four Points by Sheraton, Lagos.

The event is the most prestigious annual event that brings together captains of industry in both technology and financial worlds.

According to Ken Nwogbo, CEO, Communication Week Media Ltd, organisers of the ABoICT Distinguished Lecture/Awards Series, “the choice of Prof. Yakub Aliyu is deliberate because of his exceptional career in Artificial Intelligence (AI)”.

He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.

“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth,” he said.

A professor of microelectronics and a scholar-practitioner in artificial intelligence and deep machine learning for industrial applications and high-speed application processors. His research interests include Multimodal AI models for high-efficiency industrial robot applications and Human AI interactions.

He also has adjunct academic professorships at five African, USA, and UK universities. Holds a BS in Applied Physics Electronics from Karlsruhe and A Bello Universities in Germany and Nigeria, an MBA in International Business Management from the University of London, an MSEE (Master of Engineering, Electronics), and a Ph.D. in Electronics Engineering from the University of Wales.

Prof. Aliyu is the global quality director for Bourns Inc., Riverside, California, USA, an electronics system, and components manufacturer. I oversee quality functions in 21 factories worldwide.

He has also held quality and operational management leadership positions at National Semiconductors, Bell Labs-Lucent Technology, Texas Instrument, Global Foundries, and Roper Technologies USA.

Authored and coauthored over 30 Advanced Technology United States-issued patents in High-Speed Application Processors and Contributed to over 40 international impact Journals, chapters, and conferences; FASI, SMIEEE USA, MIEE UK, M. Inst pf Physics Chartered Phys and C Eng UK.

Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.

Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; Dr. Seyi Akindeind, co-founder, Digital Encode; Dr Krishnan Ranganath, Regional Director, Africa Data Centres.


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