Breaking News

Oracle fingers cost of broadband in Nigeria’s low trust on public cloud

By Prince Osuagwu

Different reports have indicated that Nigeria’s trust on the security of public cloud, rates far lower than countries such as South Africa and Kenya which benchmarks Nigeria in technological growth.

The Wired World: A graphic representation of the Internet
The Wired World: A graphic representation of the Internet

What this means is that even the impressive penetration of cloud- based businesses in the country, only probably rests on private cloud.

The danger however is that private clouds lie in silos and may not provide the solid ratings that can propel an economy to take advantage of the much anticipated Internet of Everything, IoE, expected to drive economies of great nations, just a few years away.

Internet of everything refers to a technology regime when machines could not only connect machines, but connect to people and people to things. It will be a time when machines will interact with each other and take decisions, interact with people in order to improve services and cause the interaction of people with their televisions, refrigerators, cars, gates and things like flowers, in order to enhance living.

Internet of Everything has been predicted to generate revenue over $19 trillion to the world economy in 2020 from about the 50 billion things it is capable of connecting within that same time.

Those who play catch up to this regime may lose out in that juicy pie and public cloud has been described as direct link to connecting into this new dawn.

Meanwhile, Country Director, Oracle Nigeria, Adebayo Sanni has fingered high cost of broadband, low resources, poor skill and security as part of reasons why organizations seem to rely more on private cloud than public which has the potential of aggregating businesses and expose them for global access.

Sanni at this year’s Oracle day with the theme “Digital Disruption, How Successful Organisations will Transform and Thrive” at Eko Hotel, Victoria Island, Lagos, said that having discovered this huge gap, his company has designed a more flexible payment plan for organizations in private cloud but wishing to integrate into the public cloud.

He revealed that Oracle has partnered many state governments in Nigeria and are working towards using technology to support some of their infrastructure and policy making machineries to enable them have a proper egovernment outlook.

In same vein Oracles pledges to help telecom operators in Nigeria know how to properlyanalyse their data to be able to remain afloat now that voice revenue drops.

Accenture preaches digital transformation

Also at the event, Oracle Alliance Lead, Accenture, Mr. Olatinde Olajide, noted that in any given revolution enabled by technology socio-economic, political and business life of a nation advance .

Olajide said that technology has engendered a new thinking where emphasis lies on data, new sources of value: attention, identity, reputation, social graph, machine intelligence, robots, genetic modeling, new buyer values, change in control points and a winner takes all phenomena. For him, the digital disruption has led to new types of competition among countries, changes in concepts of employment, approaches to work, privacy and identity concerns as well as educational learning pattern with the help of the Internet.

He explained that digital technologies are already beginning to affect many aspects of social life through social media interaction, and online shopping and buying processes.

According to him, platforms such as Twitter, Google, Facebook, etc constitute a true paradigm shift and what gives them power is their ability to grow, specifically, their speed to scale.

“Even politics are also increasingly transformed by digital capabilities. The banking sector is not left out in the digital disruption process. For instance, Guaranty Trust Bank plc, through the social media, introduced ‘social banking’ service on Facebook”.

He predicted that the next 2-4 years will see much accelerated digital changes and disruptions, due to the multiplicative effect of combining software, devices and progress across other sciences and technologies.

“By year-end 2014, Pay-as-you-drive insurance will rise significantly to account for 10 percent of overall annual auto insurance premiums, and enterprise software spend will increase by 25 percent from current figures as a consequence of the proliferation of smart operational technologies. Also by 2016, three automakers will have announced concrete plans for upcoming automobile launches that will offer autonomous vehicle technology.

And 20 years from now, biotechnology will be in a mature phase and that the world will routinely turn off genes that promote disease and aging, computer displays will be fully integrated with real reality, Search engines will know you like a friend and will be aware of your concerns and interests at a detailed level, almost everyone will have access to the world’s best educational materials, people will be able to prove what they know with competency-based credentials,  and that a born-mobile workforce will be constantly connected to both work and home life, using devices that are wearable or even implantable”. He added.



Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.