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AfricaMoney | August 21, 2017

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Sub-Saharan Africa moves towards a favorable ICT boast according to International Data Corporation

Sub-Saharan Africa moves towards a favorable ICT boast according to International Data Corporation

The African commercial landscape in 2015 can designed by the emergence of new markets, products, and clients as large multinationals tap into the African growth story and smaller local organisations expand into new geographies in Africa. (Image:caleaders2013.wordpress)

The International Data Corporation (IDC) has released its prediction for the year ahead, with the global advisory services firms is expecting Information and Communications Technology (ICT) to be an innovating sector to influence economic development and social progress throughout Africa.

According to the report, emerging African Countries has potential to grow at a compound yearly growth rate to 84 per cent over the coming five years; the year 2015 heralds the beginning of a new era for ICT adoption across the continent.

Sub-Saharan Africa has the effective possibility for economic growth to boast up six of the ten fastest-growing economies in the world and ICT, is playing a key role in shaping its future direction according to Mark Walker, IDC’s Regional Director for Africa.

The latest ICT trends are relatively set to boost up the GDP growth across the African Continent in modernizing, innovating and optimizing every sectors of the economy thus facilitating trade in Africa.

African authorizes from their part, reveal effective national ICT policies which will begin to dominate the economic landscape.

Moreover, ICT as an enabler of service delivery, with e-Government and mGovernment initiatives high on the agenda for addressing the challenges presented by rapid urbanisation.

Nevertheless, IDC, ponder on the fact that disorganized socio-economic situation can be an obstacle for economic growth as such governments should establish an integrated approach to urban development with ICT playing a capital role to ensure good urban governance through smart grids in utilities, water supply monitoring, safety and security, and video surveillance.

The impact of integrated, relevant, and applied national ICT policies will benefit the region as a whole, with IDC expecting to see closer cooperation between nations in 2015 as a result of smart ICT initiatives.

Mark Walker, pursues that, “Effective regional integration will help breach the barriers that undermine the daily operations of ordinary producers and traders of both goods and services. This includes payments systems, financial inclusion, and cross-border payments, and the increased implementation of such ICT-enabled financial transactions in 2015 will create a platform for the next stage of domestic and regional socioeconomic development across Africa.”

The African commercial landscape in 2015 can designed by the emergence of new markets, products, and clients as large multinationals tap into the African growth story and smaller local organisations expand into new geographies in Africa.

“Cloud, enterprise mobility, big data, and social technologies are new product sets that can offer significant advantages to African organizations looking to leapfrog to advanced technologies in order to address pertinent issues in their markets,” says Walker.

IDC data is based on the methodology based on these elements consist of demand-side data, data integrity cross-checks, global data collection and analysis at regional and local levels, verification and updating of segmentation, supplier models, distribution channel models, analysis of external drivers and linkages, and vision of the future.

About IDC:

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications and consumer technology markets. More than 1000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries worldwide. For more than 47 years, IDC has provided strategic insights to IT professionals, business executives, and the investment community to help them achieve their key business objectives.

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