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Oracle Pushes for Cloud Adoption in Nigeria, Others

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In a major push to help its partners drive cloud adoption in Nigeria and across Africa, Oracle Partner Network (OPN) has hosted its Africa Partner Day in Nigeria. The event focused on presenting new resources and initiatives for partners to create innovative digital transformation strategies for organisations across the continent.

Speaking at the event, Director, Alliances and Channel, Oracle Africa, Stefan Diedericks, said: “Oracle Partner Day is the foundation to building a better future with our partners. Our aim is to drive united African growth that will result in shifts towards globally relevant intellectual property, arising from our continent while remaining locally relevant.”

During the Partner Day event in Nigeria, Oracle introduced new OPN enablement resources including the Cloud Excellence Implementer (CEI) programme. Diedericks said the programme aimed to help businesses make a smooth transition to the cloud through Oracle implementation partners.

According to Oracle, CEI programme is only available to partners with the skills and infrastructure to build, deploy, run and manage both Oracle and non-Oracle workloads.

“Our aim is to drive African intellectual property creation on top of the Oracle cloud platform. As Oracle’s cloud business continues to grow, Oracle partner network is expanding its ecosystem of highly qualified implementing firms to help drive customer success and experience with Oracle Cloud,” Diedericks said.

As a late entrant into the cloud market, Oracle has been doubling down on efforts to bolster its cloud-based services. Oracle’s total cloud business revenue rose to $1.47 billion in the three months ended August 31. In July, the company added 1 000 new jobs in Europe, Middle East and Africa, in order to grow its cloud computing business.

Also, the company plans to open cloud centres of excellence in Nigeria and Kenya – for now they are only available in Johannesburg, said Diedericks. “Cloud centres of excellence are physical environment where partners engage with Oracle cloud specialists and participate in workshop where they get help in developing innovative solutions,” he added

He continued:“Oracle is on a radical journey in driving global cloud adoption, inspiring partners to invest in economic and skills development by positioning and prioritising the creation of solutions built on the Oracle Cloud Platform.

“This gives businesses new innovative ways to engage with their citizens, customers, suppliers and consumers via artificial intelligence, cognitive learning, machine learning and blockchain technologies.”

According to the research manager IT services for IDC, Jon Tullet, cloud adoption in Africa is expected to evolve rapidly, just as it is worldwide, not just in sharp revenue growth, but in methodology, distributed services such as Internet of Things (IoT) and multicloud hybrids and channel mediation.

“The role of the channel must be emphasised in this; IDC forecasts that by 2020, more than 70 per cent of global cloud services providers’ revenues will be mediated by the channel,” he said.

“As a result, there is tremendous pressure on local channels to align themselves and their portfolios with their vendor partners as they come to emphasise cloud as a primary go to market strategy,” said Tullet. These changes within the channel and partner ecosystems in South Africa have been underway for a number of years, but at a slow pace,” he added.

He continued:“This will have to accelerate very quickly in the near term. We expect to see the channel move quickly to extend services around “complementary or value-add solutions for top-tier provider partners, workload migration and optimisation, hybrid infrastructure services, multicloud brokerage, and more.

“There will inevitably be a degree of business risk and some consolidation among providers; the partner support systems provided by the major vendors will be critical in supporting this evolution, including changes in incentivisation, support, training, and integration.”

Oracle has introduced a host of partner programmes in Africa including the Oracle Cloud Managed Service Provider (MSP) programme, which enables customers to speed up success in the cloud with support from the right partner and platform.

available to partners with the skills and infrastructure to build, deploy, run and manage both Oracle and non-Oracle workloads, enabling OPN members to offer a complete managed service solution for workloads running on Oracle Cloud.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Telecommunications

Lagos Residents Frustrated by Rapid Data Drain, Call for NCC Action

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Lagos residents are expressing increasing frustration over what they describe as the rapid depletion of their data bundles.

Many subscribers are now calling on the Nigerian Communications Commission (NCC) to address their concerns as they suspect changes in billing practices by telecommunication providers.

Numerous subscribers have reported that their data does not last as long as it used to. A Lagos-based teacher, Mrs. Nafidah Zaynab, shared her experience, stating that a N2,000 data bundle, which previously lasted almost a month, now depletes within just a few days.

This sentiment is echoed by many, including Idowu Anabili, a trader who has reduced his data usage due to rising costs.

Abdullahi Yunus, who runs a café, noted a significant increase in his data expenses, spending between N70,000 and N100,000 monthly, up from N30,000. He attributes this spike to faster data consumption.

Telecom operators deny any wrongdoing, attributing the faster data consumption to increased usage by subscribers.

An anonymous official from MTN explained that the variety of activities performed on smartphones has increased, leading to faster data usage.

Airtel Nigeria’s spokesperson, Mr. Femi Adeniran, suggested that background apps and high-definition streaming contribute to the issue.

Despite complaints, operators assert they have not officially increased data prices. They emphasize that automatic app updates and other technical factors may be responsible for the perceived quick depletion.

Experts suggest that the challenging economic climate may be pressuring telecom companies to subtly reduce data value.

The industry has reported a 43% rise in operational costs, although no formal tariff hikes have been announced.

The NCC has clarified that it has not authorized any increase in data tariffs. The commission highlights technical factors like automatic video play and app updates as potential causes for quick data depletion.

In a bid to assist consumers, the NCC has advised turning on data saver modes and managing app updates to conserve data.

To combat the issue, Mobile Network Operators (MNOs) have initiated a campaign to educate consumers on optimizing their data usage.

They recommend practices such as disabling automatic updates and closing unused apps.

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Social Media

Meta Shuts Down 63,000 Nigerian Accounts in Sextortion Crackdown

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In a significant move to combat online crime, Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has removed 63,000 accounts in Nigeria linked to sextortion scams.

This sweeping action is part of Meta’s ongoing effort to address the growing threat of digital extortion on its platforms.

Unmasking the Scammers

The crackdown, which took place at the end of May, targeted accounts engaged in blackmail schemes.

These scammers posed as young women to coerce individuals into sharing intimate photos, which were then used to extort money from the victims.

The removal follows a Bloomberg Businessweek exposé highlighting the rise of such crimes, particularly affecting teenagers in the United States.

The Global Impact

The U.S. Federal Bureau of Investigation (FBI) has identified sextortion as one of the fastest-growing crimes targeting minors.

The schemes often lead to severe consequences, including the tragic suicides of more than two dozen teens.

In one high-profile case, the death of 17-year-old Jordan DeMay in Michigan led to the arrest of suspects traced back to Lagos, Nigeria.

The Role of the Yahoo Boys

Many of the dismantled accounts were linked to the “Yahoo Boys,” a notorious group known for orchestrating various online scams.

These individuals have been using social media to recruit and train new scammers, sharing blackmail scripts and fake account guides.

Meta’s Response

Meta’s spokesperson emphasized the company’s commitment to user safety, stating, “Financial sextortion is a horrific crime that can have devastating consequences.”

The company is continually improving its defenses and has reported offenders targeting minors to the National Center for Missing & Exploited Children.

To enhance protection, Meta has implemented stricter messaging settings for teen accounts and safety notices regarding sextortion.

They are also employing technology to blur potentially harmful images shared with minors.

Ongoing Efforts

Meta’s actions highlight the complex and evolving nature of online crime. The company has pledged to remain vigilant, adapting its strategies to counter new threats as they emerge.

“This is an adversarial space where criminals evolve to evade our defenses,” Meta noted.

Looking Forward

As digital platforms continue to grapple with issues of privacy and security, Meta’s recent actions demonstrate a proactive stance in safeguarding users.

By dismantling these networks, the company aims to reduce the prevalence of sextortion and foster a safer online environment for all.

The crackdown serves as a reminder of the need for continued vigilance and collaboration between tech companies and law enforcement to protect individuals from the harmful effects of digital exploitation.

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Fintech

Flutterwave Celebrates Inclusion in CNBC’s Top 250 Global Fintechs

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Flutterwave has been recognized as one of the Top 250 Fintech companies globally by CNBC and Statista.

Joining the ranks of industry giants like Ali Pay, Klarna, Piggyvest, and Mastercard, this accolade underscores Flutterwave’s impact on the financial technology sector.

This honor follows Flutterwave’s recent inclusion in Fast Company’s Most Innovative Companies list, highlighting the company’s pivotal role in transforming Africa’s payment landscape.

The recognition is a testament to Flutterwave’s dedication to innovation and excellence in providing seamless payment solutions across the continent.

Expressing gratitude, Flutterwave acknowledged its talented team, supportive board, reliable partners, and loyal customers for contributing to this success.

The company continues to drive progress in the fintech industry, reinforcing its commitment to enhancing financial accessibility and inclusion in Africa and beyond.

Flutterwave’s recognition on these prestigious lists marks a proud moment and a significant milestone in its journey, reflecting the company’s growing influence and leadership in the global fintech arena.

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