Nigeria’s ICT To Grow By 10Bn In 2018-Oracle MD


Nigeria’s ICT Market to Grow By $10bn In 2018– Oracle MD
By Gina Emmanuel

Managing Director of Oracle Nigeria, Mr. Adebayo Sanni disclosed in Lagos that International Data Corporation, IDC has projected the country’s ICT market to grow by $10 billion
He also stated that Nigeria is fast emerging the hub of technological innovation in Africa.
Sanni, who spoke during a round table discussion with Journalists in Lagos bothering on key factors driving the rapid adoption of Oracle cloud solutions in Nigeria, highlighted key technology trends that organizations in Nigeria are expected to adopt in 2018, noting that local expansion, increased workforce and latest cloud solutions drive rapid customer growth.
He said with cloud computing enabling unmatched speed, value and better return on investment (ROI); businesses and public sector entities in Nigeria are accelerating their digital transformation initiatives with Oracle.
“Cloud is now a mainstream approach in Nigeria and we are increasingly seeing business leaders opt for solutions that allow them to free up resources for creating unique customer experience; drive innovation or reduce ownership costs.
“Over the past few years, Oracle has invested in expanding its footprint, increasing the workforce and introducing latest cloud solutions in the country. This sustained engagement has helped us support the digital transformation initiatives of a host of organizations and thus drive solid momentum for Oracle cloud in Nigeria,” Sanni said
Predicting on how technology would impact on Nigeria this year, he said enterprise security would become company job number one with much of it being automated.
According to him, in 2018, Artificial Intelligence (AI) would cement its place in enterprises and by the end of 2018, most customer support would be conducted by chatbots.
He reiterated that blockchain would also emerge as a transformational technology, adding that IoT would evolve from individual components to an integrated platform, and regulated industries will move to the cloud en masse.
“In a market defined by growth, development and change, Oracle Nigeria has focused on redefining the capabilities of cloud, the potential of technology and the relevance of innovation. From the ubiquity of next-generation cloud to the reliability of blockchain, we continue to invest in solutions and services that will help bring transformational change for our customers”.
He also noted that government has to put policies in place that would make things happen, noting that if they don’t, it would be frustrating and a lot of companies looking forward to investing in the country  would not invest and look elsewhere.
Oracle Nigeria also maintained that it is working with the government in every single sector, be it state, parastatals or MDAs, in strategizing on how to help partner to help them increase their revenues.
“In healthcare delivery, we are looking at it from the federal government perspective, how are we using technology as an enabler  to provide access to data  that allows government with it’s limited resources to take better decisions.”