Shitij Taneja – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Mon, 24 Mar 2025 08:31:05 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Shitij Taneja – Tech | Business | Economy https://techeconomy.ng 32 32 IoT West Africa Gains Momentum with Key Public, Private Sector Sign-ups https://techeconomy.ng/iot-west-africa-gains-momentum/ https://techeconomy.ng/iot-west-africa-gains-momentum/#comments Mon, 24 Mar 2025 08:31:05 +0000 https://techeconomy.ng/?p=155410 The highly anticipated IoT West Africa, co-located with the Power and Water Nigeria Exhibition, is rapidly gaining momentum.

Scheduled for May 13-15, 2025, at the Federal Palace Hotel in Lagos, the event has secured participation from various public and private sector organisations.

Leading entities, including the National Information Technology Development Agency (NITDA), Nigeria Data Protection Commission (NDPC), and the Rural Electrification Agency (REA), have confirmed their participation.

They will be joined by prominent private sector players such as Cummins, Simba Power Solution, and UnoTelos Limited.

These organizations recognize the critical role of these events in driving Nigeria’s economic growth through advancements in power, water, and digital infrastructure.

Further solidifying its industry relevance, the Africa Data Centre Association (ADCA) has joined as a strategic partner.

ADCA’s involvement will ensure alignment with industry best practices and foster collaboration to accelerate data center and cloud innovation across the continent.

Illustrating the event’s significance, Cummins Inc., a global leader in power solutions, will showcase its comprehensive range of diesel, natural gas, electric, and hybrid powertrains, catering to Nigeria’s growing digital infrastructure needs.

“At Cummins, our goal is not just to power data centers but to empower Nigeria’s digital economy,” stated Mark Oni Okeke, managing director of Cummins West Africa Ltd. “Through sustainable innovation and cutting-edge technology, we are committed to helping data centers achieve reliable, efficient, and environmentally responsible operations.”

Simba Power Solution, a Platinum Sponsor of the Power and Water Nigeria Exhibition, will present its advanced and sustainable power solutions.

“As Nigeria’s energy landscape evolves, Simba Power is dedicated to delivering innovative, reliable, and sustainable power solutions that address the country’s growing energy demands,” a company spokesperson confirmed.

Meanwhile, UnoTelos Limited, a proud sponsor of IoT West Africa, will highlight its cutting-edge 5G and IoT solutions, developed in collaboration with leading OEM partners. With Nigeria’s IoT market projected to experience a CAGR of 15.2% from 2024 to 2030, these discussions will be pivotal in shaping the future of connectivity, security, and smart technology.

“This event is an exciting opportunity to engage with industry leaders and discuss how IoT can revolutionize businesses, improve efficiency, and drive innovation across sectors,” said a UnoTelos Limited representative.

These premier events will convene industry leaders, investors, and innovators to explore groundbreaking solutions in power, water, and digital infrastructure—sectors crucial to Nigeria’s economic advancement.

With Nigeria’s data center market projected to reach $1.5 billion by 2027, and the digital economy contributing 18.44% to Nigeria’s GDP in 2023, the demand for reliable power, water, and connectivity solutions is at an all-time high.

The Power and Water Nigeria Exhibition and IoT West Africa will serve as catalysts for discussions on sustainable energy, efficient water management, and the future of digital connectivity in Africa.

The events are expected to attract thousands of tech leaders, energy consultants, digital transformation executives, and industry decision-makers.

Attendees will experience cutting-edge innovations that are shaping the future of digital infrastructure, from next-generation power solutions to advanced cloud and connectivity technologies.

These events will have a far-reaching impact across multiple industries, including banking, e-commerce, transportation, government departments, manufacturing, and utilities.

By addressing critical power, water, and digital infrastructure challenges, they will enable businesses and organizations to adopt more resilient and efficient technologies that drive economic growth and technological advancement.

With strong backing from government bodies, strategic partners, and industry pioneers, these events will serve as premier hubs for networking, knowledge-sharing, and investment opportunities.

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Nigeria to Establish Tech Research Centres Nationwide, Focuses on AI, IoT, and Blockchain https://techeconomy.ng/nigeria-to-establish-tech-research-centres-nationwide-focuses-on-ai-iot-and-blockchain/ https://techeconomy.ng/nigeria-to-establish-tech-research-centres-nationwide-focuses-on-ai-iot-and-blockchain/#comments Wed, 03 Jul 2024 14:16:55 +0000 https://techeconomy.ng/?p=135641 The Federal Government of Nigeria, through the National Information Technology Development Agency (NITDA), has revealed plans to establish research centres with cutting-edge technologies across the country’s six geo-political zones. 

These centres will concentrate on innovations in fields such as Artificial Intelligence (AI), Internet of Things (IoT), and blockchain technology.

The Director-General of NITDA, Kashifu Inuwa, noted this at the IoT West Africa Conference. He outlined the focus areas for the research centres, which go beyond AI, IoT, and blockchain, to unmanned aerial vehicles (UAVs), additive manufacturing, and robotics. 

As explained by the NITDA DG, these specialized research centres are expected to drive advancements in emerging sectors.

In addition to promoting research, NITDA plans to support Nigerian startups developing products based on these technologies. The agency aims to create innovation sandboxes where startups can develop practical applications and bring their ideas to market, supporting the growth of new businesses in the tech sector.

An important part of NITDA’s initiative includes its involvement in the federal government’s 3 Million Technical Talent (3MTT) program. This initiative aims to train and empower three million Nigerians with technical skills by 2027. 

Although some of these individuals may seek opportunities abroad, their expertise will contribute to Nigeria’s global talent pool and potentially increase remittances back to the country, bolstering the economy.

During the IoT West Africa Conference in Lagos, the Managing Director of Vertex Next, Shitij Taneja, highlighted Nigeria’s prospect of becoming “Africa’s Silicon Valley.” 

Taneja noted that Nigeria’s large youth population and dynamic startup sector places the country at the fore in technology development within Africa. 

The conference underlined Nigeria’s growing importance in the tech industry, attracting huge investment and facilitating the development of IoT and other emerging technologies.

The IoT West Africa Conference, co-located with the Africa Data Center and Cloud Expo, showcased emerging technologies and reiterated the essential role of the telecoms industry in the region’s economic growth and digital adoption. 

The event accentuated Lagos’ strategic importance as a hub for technology and innovation, mirroring Nigeria’s rapid technological advancements and the striving digital economy.

Aiming to attract investors’ support in Nigerian startups, the conference further enhances the country’s standing in the global tech industry.

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ATCON, Others Gear Up for IoT West Africa Conference and Exhibition 2024 https://techeconomy.ng/atcon-others-gear-up-for-iot-west-africa-conference-and-exhibition-2024/ https://techeconomy.ng/atcon-others-gear-up-for-iot-west-africa-conference-and-exhibition-2024/#respond Fri, 31 May 2024 17:14:25 +0000 https://techeconomy.ng/?p=132861 The upcoming IoT West Africa Conference and Exhibition, occurring from July 2-4, 2024, at the Balmoral Center, Federal Palace in Lagos, Nigeria, stands as a pivotal marker in the technological renaissance sweeping Nigeria and the broader West African region. 

This event goes beyond a showcase of emerging technologies, it acknowledges the vital role the telecom industry plays in the economic growth and digital transformation of the area.

The strategic importance of Lagos as the host city intertwines with Nigeria’s rapid development in technology, infrastructure, and a burgeoning digital economy.

It emphasizes the commitment to enhancing the business sector, especially for small and medium-sized enterprises within technology, agriculture, and manufacturing sectors, through the lens of digital innovation.

Central to this transformation is the telecom industry, which acts as the backbone of connectivity and digital infrastructure across West Africa.

The IoT West Africa Conference zeroes in on the significant influence and contributions of telecoms to the region’s digital ecosystem. Shitij Taneja, Managing Director at Vertex Next, noted the telecom sector’s role in enabling digital transformation, pivotal in driving innovations in IoT alongside other cutting-edge technologies like blockchain, Big Data, and AI.

The meticulously designed conference agenda showcases the symbiotic relationship between telecoms and technological advancement through keynote speeches, panel discussions, and technical demos.

This rich content offering provides attendees with insights into the future of seamless connectivity enabled by the telecom industry, alongside emerging technological trends shaping the region’s digital landscape.

This year introduces a particularly significant initiative, the Cloud Expo Africa, which delves deep into the evolving dynamics of digital and cloud infrastructure. This segment highlights the centrality of telecoms in developing African data centers, focusing on advancements and green technology initiatives crucial for sustainable digital ecosystems.

The conference serves as a critical platform for telecom industry leaders and stakeholders to explore new opportunities, attract investments, and spearhead essential technological advancements.

It holds particular importance for individuals within the energy, power, telecom, and data center sectors, underscoring the unique influence of telecoms in enabling connected, digital solutions.

A groundbreaking development for this year’s event is the partnership with The Association of Telecommunications Companies of Nigeria (ATCON).

This collaboration further elevates the event’s focus on telecom and data centers, promising an enriched dialogue on the latest insights, technologies, and best practices vital for empowering and sustaining the digital economy.

For professionals and businesses poised to lead or adapt to the digital transformation in West Africa, participating in the IoT West Africa Conference and Exhibition offers an unparalleled opportunity to align with the forefront of industry innovation.

Through this engagement, attendees will not only witness but contribute to shaping the future landscape of digital and telecom advancements in the region.

For detailed information and updates, please visit the official event website at IoT West Africa. Mark your calendars for this indispensable event that highlights the enduring importance of the telecommunications industry in paving the way for a connected and digitally-driven West Africa.

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