Artificial intelligence , multi-cloud technologies and data systems will lead IT investments planned for the next 12 months in the Sub-Saharan Africa region.
While there are great investment plans for AI, multi-cloud, data systems, etc, Walker commented it’s concerning that security is pretty low down on the priority list. “If we compare security to the EMEA levels, in EMEA it is sitting halfway up.Elections 2019 to be tough on ICT marketBased on figures presented yesterday, the total market for the African region is expected to reach $143 billion by the end of 2027. This is up from the current value of $112 billion.
Walker revealed Sub-Saharan Africa will experience growth gains. Meanwhile, growth in other African territories is expected to remain slow right through to 2027, due to volatility across some of the regions. “The increase of cloud and use of remote tools have increased security threats towards the banks…there is a lot of phishing and a variety of scams. Banks are spending a lot of money on hardware, software and services related to that. Finding the skills in those areas is difficult.”
The energy and resources sector is also witnessing IT spending growth. “Power utility Eskom is using AI and surveillance to root out the corruption that’s been associated with it.”
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