E-Business
FOBs Market Overtakes Overall Enterprise DS Systems Market
The worldwide file- and object-based storage (FOBS) market continues to gain momentum with revenues exceeding $23 billion in 2013 and forecast to reach $38 billion in 2017. According to new research from International Data Corporation (IDC), growth in the overall enterprise storage systems market can be traced directly to the shift to FOBS.
“The future of storage is software based,” said Ashish Nadkarni, research director, Storage Systems. “FOBS solutions are much more versatile and will quickly outpace more rigid, hardware-based options. Scale-up solutions, including unitary file servers and scale-up appliances and gateways, will fall on hard times throughout the forecast period, experiencing sluggish growth through 2016 before beginning to decline in 2017.
“On the other hand, scale-out file- and object-based solutions – delivered either as software, virtual storage appliances, hardware appliances, or self-built for delivering cloud-based offerings – are forecast to show robust growth with a compound annual growth rate (CAGR) of 24.5% from 2012 to 2017.”
“Increased versatility will result in more diverse use cases for FOBS,” said Amita Potnis, Senior Research Analyst, Storage Systems. “To be successful, suppliers must commit to making their platforms more compatible with server and desktop virtualization, in-place analytics (which IDC calls Compustorage), and NoSQL databases. FOBS solutions will continue as the dominating media of choice for applications like archiving and eDiscovery, which are governed by compliance and regulatory requirements.”
Additional findings from IDC’s research include that DIY storage will become more prevalent over the forecast period, but commercial solutions will still garner strong demand.
Outside the datacenter, storage traffic is undergoing a dramatic shift as the growth of mobile, social, and cloud is heavily tilted toward the use of IP-based connectivity mechanisms for consuming storage resources.
Revenue for unitary host-based file servers is shrinking as businesses move to purpose-built platforms.
Growth of object-based and object-oriented file system storage solutions for public cloud and private cloud archive environments will continue to outpace the market.
Gartner predicts that by 2028, 75 percent of enterprise software engineers will use Artificial Intelligence (AI) code assistants, up from less than 10 percent, currently.
According to a Gartner poll of 598 global respondents conducted in the third quarter of 2023, 63 percent of organisations are now testing, deploying, or have previously implemented AI code assistants.
AI code assistants provide for more capabilities than only code development and completion, notes the research firm.
According to Gartner, the use of AI code assistants can lead to higher work satisfaction and retention, resulting in lower turnover costs.
Philip Walsh, senior principal analyst at Gartner, comments: “Software engineering leaders must determine ROI and build a business case as they scale their rollouts of AI code assistants.
“However, traditional ROI frameworks steer engineering leaders toward metrics centred on cost reduction. This narrow perspective fails to capture the full value of AI code assistants.”
Gartner notes that software engineering leaders must “reframe the ROI conversation from cost reduction to value generations”.
Walsh adds: “Calculating time savings on code generation is a good place to begin building a more robust value story. To convey the full enterprise value story for AI code assistants, software engineering leaders should connect value enablers to impacts, and then analyse the overall return to the organisation.”
National Identity Management Commission (NIMC) has said that the planned national ID card will be issued to applicants by their banks.
NIMC said it is working with the Nigerian Interbank Settlement System (NIBSS) to deliver the cards to applicants.
“The card will be issued through the applicants’ respective banks in line with existing protocols with the issuance of the Debit/Credit cards,” the agency said at the weekend update on its official X handle.
KEY FACTS ABOUT THE PROPOSED NEW GENERAL MULTIPURPOSE NATIONAL IDENTITY CARD
- The new National ID Card is a single, convenient, and General multipurpose card (GMPC) , eliminating the need for multiple cards—not three.
- The single GMPC has multiple use cases:…
— NIMC (@nimc_ng) April 12, 2024
It said applicants need to request their cards with their NIN “through the self-service online portal, NIMC offices, or their respective banks”.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS,” NIMC said.
“The card can be picked up by holders at the designated center or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” the update read.
National Identity Management Commission (NIMC) has said that the new national Identity card, powered by AfriGo Card, is a single card with multiple services.
NIMC made the clarification against the confusion and criticisms that have trailed the AfriGo Card , touted as a National Domestic Card Scheme.
NIMC is launching the AfriGo Card, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), and has had appointed SecureID, a Lagos headquartered company to manufacture the Card Scheme
Making clarification on the card, Kayode Adegoke, head of Corporate Communications of the NIMC, said the General multipurpose card (GMPC) will eliminate the need for multiple cards.
“The new National ID Card is a single, convenient, and General multi-purpose card (GMPC), eliminating the need for multiple cards—not three.
“The single GMPC has multiple use cases: Payments/Financial, Government intervention/services, travel, etc.
“The National Identity Management Commission is working with the Central Bank of Nigeria and the Nigerian Interbank Settlement System to deliver the payment and financial use cases.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS. Applicants for the card will have to request with their NIN through the self-service online portal, NIMC offices, or their respective banks.
“The card will be issued through the applicants’ respective banks, in line with existing protocols with the issuance of the Debit/Credit cards.
“The card can be picked up by holders at the designated centre or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” he said.
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