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Cisco, Checkpoint Lead, Security Appliance Shipment Sees Double-Digit Growth

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The International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, both factory revenue and unit shipments continued to grow in the fourth quarter of 2014 (4Q14).

Worldwide vendor revenue grew 8.6% year over year to $2.6 billion in the fourth quarter, the 21st consecutive quarter of revenue growth, as Cisco remains at the forefront.

Shipments grew nearly twice as fast as revenue at 16.7% year over year to 635,933 units, making 4Q14 the fourth consecutive quarter of shipment growth.

For the full year 2014, revenue and shipments improved 8.4% and 8.3% respectively to $9.4 billion and 2.1 million units.

Regional Highlights
Security appliance revenue in the United States surpassed $1.0 billion in 4Q14, growing 13.5% year over year and making it the third fastest growing region after Latin America and Asia/Pacific (excluding Japan).

The US accounted for 39.4% of total worldwide revenue in the quarter, gaining 1.7 points of share year over year but losing 2.0 points compared to the previous quarter.

Latin America recorded the strongest year-over-year revenue growth in 4Q14 at 21.5% while shipment growth was 16.4% in the quarter.

The region continues to show strong growth potential with just 4.7% share of total worldwide revenue, up half a point year over year, and 5.6% share of total worldwide shipments.

Asia/Pacific (excluding Japan) captured 22.7% of total worldwide revenue in 4Q14 and 23.4% of total worldwide shipments and gained significant shares both year over year and sequentially following a strong performance by Huawei in China.

Shipments in the region surpassed 100,000 units in the fourth quarter and grew almost twice as fast as revenue at 32.1% year over year.

The Europe, Middle East & Africa region ended the fourth quarter with a 26.9% share of total worldwide revenue, a loss of 2.3 share points year over year and 1.0 point compared to the third quarter. Unit shipments were up 9.8% year over year, driven largely by demand in the emerging markets in Central & Eastern Europe and the Middle East & Africa.

Japan and Canada combined accounted for 6.2% of total worldwide revenue in 4Q14.

The two markets experienced year-over-year revenue declines of -20.4% and -0.4% respectively.

“2014 saw a record number of serious data breaches causing both government agencies and companies to realize how susceptible they are to cyber threats that cut beyond boundaries,” said Ebenezer Obeng-Nyarkoh, Senior Research Analyst, Worldwide Trackers Group. “In spite of this, many companies still have not done enough to protect their systems, which could compromise their security and jeopardize sensitive data and information.”

Vendor Highlights
Cisco continues to lead the overall security appliance market with a 16.6% share of worldwide revenue in 4Q14.

This was the first time since the fourth quarter of 2014 that Cisco failed to achieve double-digit year-over-year growth in a quarter.

Check Point remained the number 2 security appliance vendor with 13.2% revenue share in the quarter, gaining 1.2 share points year over year. In addition to 14.4% year-over-year revenue growth, Check Point posted impressive shipment growth of 25.6% in the fourth quarter.

Fortinet returned to the number 3 position with year-over-year revenue growth of 27.4% and capturing 7.7% of worldwide revenues.

Fortinet remains the largest security appliance vendor in terms of shipments with 18.8% share of total unit shipments in 4Q14, driven by its Unified Threat Management solution.

Since entering the top 5 in the second half of 2013, Palo Alto Networks has experienced the fastest year-over-year revenue growth, consistently outpacing the overall market.

Palo Alto Networks ended the fourth quarter with year-over-year revenue growth of 53.3% and a 7.6% share of worldwide revenues.

Rounding out the top 5 vendors, Blue Coat and McAfee finished the quarter in a tie with each vendor holding a 4.3% share of worldwide revenues.

Both vendors experienced declining revenue share on a year over year and sequential basis.


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E-Business

Konga, CeraVe Ink MoU for Exclusive Launch of L’Oreal Product in Nigeria

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At long last, relief is here for the skincare enthusiasts in Nigeria! Konga Health, Nigeria’s premier digital healthcare distribution company, has sealed an exclusive partnership with CeraVe, a leading global skincare brand under the L’Oréal umbrella, to launch its product in the country. L’Oréal is the world leader in beauty: makeup, cosmetics, haircare and perfume in terms of quality, efficacy and safety.

Konga Health

Through Konga Health, a technology-driven healthcare solutions company focused on revolutionizing the healthcare value chain and a member of the Konga Group, this exclusive collaboration will debut with the renowned CeraVe line, offering unbeatable prices and free delivery to some locations Nationwide.

This enhanced partnership empowers Konga Health to onboard pharmacists, physicians, and other healthcare providers Nationwide to support the distribution of CeraVe’s product line. This initiative includes opportunities for recruitment, partnerships, and collaboration to ensure that high-quality skincare solutions are accessible to all nationwide.

This strategic alliance ensures that genuine CeraVe products reach Nigerian consumers swiftly and conveniently, leveraging Konga’s extensive e-commerce infrastructure. Concerns about counterfeit items that often plague the beauty and skincare market are now a thing of the past, as Konga becomes CeraVe’s official distributor in Nigeria.

CeraVe now boasts a dedicated official shop-in-shop (SIS) on Konga.com, serving as a one-stop destination for all authentic CeraVe products. Shoppers can directly access top-tier skincare solutions identical to those available globally.

Starting Monday, July 15th, CeraVe’s flagship products, such as the Cerave’s Hydrating Cleanser, Foaming Cleanser, SA Smoothing Cleanser, Fragrance-Free Moisturizer with 3 Essential Ceramides & Hyaluronic Acid, Barrier-Reinforcing Moisturizing Cream, Night Cream with Niacinamide, Exfoliating Salicylic Acid Foot Cream, Retinol Serum, Eye Repair Cream, Facial Moisturizers, Hyaluronic, and Vitamin C Serums, will be readily available on the Konga Health and Konga.com platforms, offering customers a seamless and convenient shopping experience.

Nnenna Emenyonu, Senior Vice President of Konga Health, expressed her excitement about the partnership, stating, “We are thrilled to partner with CeraVe, a brand synonymous with quality and scientific excellence in skincare. This collaboration allows our customers access to top-tier skincare products that are dermatologically tested and proven effective.”

Rabah Deroueche, LID LDB SSA and Business Development Director at L’Oreal, shared similar sentiments, noting, “Our partnership with Konga marks a significant milestone for CeraVe in Nigeria. By leveraging our commitment to quality skincare products and Konga’s platform, CeraVe can reach a wider audience and address the skincare needs of Nigerian consumers. This collaboration ensures Nigerian consumers can easily access our products and experience the benefits of our dermatologist-developed formulations.”

CeraVe has earned its stellar reputation globally through scientifically backed formulations. Developed in close collaboration with dermatologists, CeraVe products meet the highest standards of skincare and are celebrated for using essential ingredients that ensure optimal skin health.

The partnership between Konga and L’Oreal establishes Konga’s standing as a trusted e-commerce platform offering only high-quality products. As the official distributor of CeraVe, Konga is dedicated to maintaining the brand’s integrity by providing shoppers with authentic products that meet their skincare needs.


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TD Africa Partners CISCO on Tech-Skills Development in Africa

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In its continuous drive to bridge the widening skills gap in Africa’s technology sector, TD Africa, Africa’s largest technology distribution company, has partnered with Cisco on its month-long inaugural training program.

TD-CISCO

The program, the first of its kind in the TD Academy training series, was aimed at empowering young minds with technical skills and professional exposure.

The initiative, titled “Introduction to Cisco Networking Solutions and Workplace Professional Skills,” exemplifies TD Africa’s comprehensive and futuristic approach to technology education and professional development, empowering individuals and businesses to thrive in the digital age.

This innovative series of pooled training aims to equip the participants with the foundational knowledge of Cisco networking solutions, which is critical for building and managing robust IT infrastructure and workplace professional skills, recognizing the importance of soft skills in today’s dynamic work environment.

This combined focus on technical competence and professional development aligns with TD Africa’s robust approach towards impacting appropriate skills set into young people.

Cisco’s extensive portfolio for this first leg of TD Academy encompasses carefully curated programs in cybersecurity, data analysis, and Artificial Intelligence (AI) to address the most sought-after skills in the African technology market.

For Mrs. Chioma Ekeh, CEO of TD Africa, the company’s dedication to bridging the skills gap is not a one-off training program nor limited to knowledge transfer.

Her words: “We understand the critical need for a skilled workforce to propel Africa’s digital transformation. Through our collaborative training programs with industry leaders like Cisco, we are committed to equipping individuals with the right tools and knowledge to succeed in this exciting field.”

Amblessed Ubong, one of the beneficiaries of the training program, said, “I recently completed a four-week training at the TD Academy; it was enriching and transformative.

“The sessions were thought-provoking, the trainers were passionate, and the environment was highly supportive. Collaborative projects enhanced my teamwork skills and made learning enjoyable.

“I left the TD Academy with a wealth of knowledge and a renewed enthusiasm for my career.”

Impressed by the exceptional talent emerging from the program, Africa’s number one tech distribution company immediately recruited some of the top graduates who participated in the training program.

This commitment to recognizing and nurturing talent further strengthens the technology ecosystem in Africa, creating a pipeline of skilled professionals for the future.

By empowering individuals and businesses with the necessary skills and knowledge, TD Africa is further stamping its foot in the sand of time, playing a pivotal role in Africa’s digital renaissance.


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Davido Launches Chatter, Own Social Media App

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David Adeleke, Nigerian musician well known as Davido, has launched Chatter, a new social media application.

Davido Launches Chatter, Own Social Media App

Chatter is a social audiovisual utility platform designed to help amplify the voice of content creators and connect them with a vibrant community.

However, the app’s usage goes beyond content creators; business-minded individuals, as well as people looking to connect, have a place on it.

The musician used his social media accounts to announce the app’s release.

He gave a brief history of the development of the software and its features with his friend.

The well-known musician from Nigeria stated that he and Sir Banko, his close friend  are the owners of the app.

The music icon posted information about Chatter, a social audiovisual utility platform that connects content creators to a lively community and helps them magnify their voices.

In the past eight months, Davido has undertaken three internet projects.

Recall that the musician introduced his cryptocurrency.

However, the $DAVIDO coin fell a few days after it launched, prompting some cryptocurrency fans to call it a scam and a rug-pull.

 

 


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