Stakeholders push for 30% cloud hosting growth by 2024

Emma Okonji

Worried about the low volume of local cloud hosting among the country’s 11 local data centers, industry players have suggested new measures through which Nigeria could achieve 30% growth in local cloud hosting by 2024.

Stakeholders who spoke at the recent Cloud Technology Forum, hosted in Lagos by the Nigerian Information Technology Reporters’ Association (NITRA), expressed concern that the economy could continue to lose huge revenue, when organizations and government agencies bypass local cloud data hosting companies to host their data overseas, although that data was generated locally in Nigeria.

The President of the Institute of Software Practitioners of Nigeria, Mr. Chinenye Mba-Uzoukwu, who expressed concern about the low footfall of local data hosting companies in Nigeria, said, “Nigeria has 11 data centers that are currently expanding into cloud hosting, but they are underutilized due to poor footfall.

In his keynote address, the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, said that although data hosting footfall indices remained low, Nigeria could up the game even further and achieve 30% growth in local cloud hosting. by 2024, if the right measures are put in place.

Listing metrics on how to achieve 30% growth in local cloud hosting by 2024, Abdullahi said cloud hosting would provide opportunities for 100% resource utilization if resources were evenly distributed. across multiple servers and that cost control and pricing were considered.

According to him, “The big data analytics market is expected to reach $103 billion by 2023. In 2019, the big data market grew by 20%. In 2020, each person generated 1.7 megabytes in just one second, and internet users generate around 2.5 quintillion bytes of data every day. NITDA has initiated several policies and programs to ensure data sovereignty and integrity.

“We introduced the Nigerian Data Protection Regulations in 2019. The successes of the regulations are there for all to see. In addition, we have developed the Nigeria Cloud Computing Policy (NCCP) to promote “Cloud First” as a proposition to Federal Public Institutions (REITs) and SMEs as an efficient way to acquire and deploy computing resources for quality better and improved digital services.
On his part, the Chairman of the forum, who also serves as the Managing Director of Internet eXchange Point of Nigeria (IXPN), Mr. Muhammed Rudman, said: “Local hosting is essential for any country that wants to develop its infrastructure. Internet and empowering its citizens and ensuring national data sovereignty.

“The Nigerian government’s achievement of cloud localization resulted in NITDA’s National Cloud Computing Policy in 2019, which aims to promote the migration of national data to the local cloud with the aim of reaching 30% by the end of 2024.”

He said local hosting in Nigeria would reduce the huge flight of capital which would lead to better quality of service as local hosting allows websites to run about three times faster than those hosted in Nigeria. alien due to ultra-low latency.

Furthermore, Cloudflex CEO/CEO Mr. Aderemi Adejumoh said that a 30% increase in local hosting would boost Nigeria’s revenue by $30-150 million (N15-75 billion).
“The development and advancements in technology and cloud computing will accelerate the regional relevance of Nigerians and, more importantly, Nigeria’s leadership in the region and Africa in general,” Adejumoh said.

NITRA Chairman, Mr. Chike Onwuegbuchi said the forum was designed for stakeholders in the information and communications technology (ICT) sector to discuss issues that would bring growth and development to the sector.

“Cloud computing has been described as the biggest game changer since the inception of the internet and is one of the fastest growing areas of technology today.
“It can be simply defined as renting time on computing infrastructure through the internet, rather than building from scratch. Cloud computing offers scalability and reliability that cannot be matched by any single company,” Onwuegbuchi said. .