ICT services to surge in emerging markets

BUSINESS

|
Image: By BiztechAfrica
ICT services to surge in emerging markets

A new report by Pyramid Research says ICT services  will be an important growth area in emerging markets, as mobile, cloud and data grow in these regions.

”In developed markets IT services can account for around 75% of total ICT expenditure,” says Pyramid Research Analyst at Large, Jan ten Sythoff.

“In emerging markets, this tends to be below 50% because of low PC penetration and much lower use of outsourcing. With the value of mobile broadband and data services increasing because of the availability of cloud services, Pyramid expects that this will be an important growth area across many emerging markets, as it is in developed markets.”

“More communications and applications will become available across smartphone, tablet and computing devices, driving productivity and collaboration and thus spending on mobile data access. “With low latency and higher speed, LTE technology will be highly complementary and an important driver,” he adds. 



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE BUSINESS NEWS

UBA, ATI collaborate to boost regional and international trade

United Bank for Africa (UBA) has entered into a partnership with the African Trade Insurance Agency (ATI) to ease the flow of credit to clients engaging in regional and international trade. Read More

3rd Startup Knight competition to take place in SA

Byte Orbit has launched the third edition of its annual Startup Knight competition, which the company says aims to empower aspiring tech entrepreneurs in South Africa and offers the winner ZAR250,000 (US$22,000) in prizes.   Read More

Global smartphone shipments to reach 1.2bn this year

The number of smartphone shipments will approach 1.2bn this year, an increase of 19% from 985m in 2013, says a new report. Read More

ITC urges governments to increase public procurement from women vendors

The International Trade Centre (ITC) has launched an initiative to increase the number public procurement contracts being awarded to women-owned businesses. Currently only an estimated 1% of public-procurement contracts globally are awarded to WOBs or women entrepreneurs.    Read More

Orange launches start-up accelerator programme in Ivory Coast

With “Orange Fab Ivory Coast” and “Fab Israel”, Orange’s network of start-up accelerators is now present on four continents.  Read More

Safaricom shareholders agree yuMobile buyout

Shareholders of Kenya’s leading telecom Safaricom voted in favour of the company’s acquisition of the network, IT and infrastructure of smaller rival yuMobile at the firm’s annual general meeting (AGM), meaning the deal now only requires regulatory approval to proceed. Read More

TLcom achieves second profitable African exit of 2014 with Movirtu sale

Venture capital firm TLcom Capital (TLcom) has announced its second profitable exit in Africa this year with the sale for an undisclosed fee of virtual identity solutions provider for mobile operators Movirtu to BlackBerry. Read More

Why CWG is re-strategising

Tayo Oduwole, James Agada, Bature Umar Masari, Austin Okere, and Nasiru Izegwire Nigeria’s Computer Warehouse Group (CWG Plc) is re-strategising to take the company in a different direction. Read More

Green accelerator programme launched in Kenya

Impact Amplifier, Growth Africa, VC4Africa and Hivos have joined forces to launch an accelerator programme for green entrepreneurs, looking to help these entrepreneurs scale their innovations across Africa. Read More

Nigeria will drive West African operations, says Asseco chief

L-R: Simon Melchior, Mrs Ogunboye, Majekodunmi and Communications M Akinwande Oluwatobi European software giant Asseco Group has decided to open shop in Nigeria to drive its presence in the sub-region from the country. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

MFarmer SMS redefines market access for Ugandan farmersMFarmer SMS redefines market access for Ugandan farmers

Ugandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures. 

IN DEPTH

NIG President speaks his mindNIG President speaks his mind

Bayo Banjo, CEO, Disc Communications and President, Nigeria Internet Group (NIG) says the proposed licensing of infrastructure companies by the Nigeria Communications Commission (NCC) will breed corruption and entrench monopolistic practices. Kokumo Goodie reports.