Data is Nigeria’s new Goldmine-Rack Centre boss

ICT and in fact, data is key to firing the kiln of production and holds new grounds for Nigeria to boost her economy, according to Mr. Tunde Coker, managing director, Rack Centre.

Rack Centre is regarded as the West Africa’s premium data centre with a state-of-the-art, Tier III Design Certified data centre offering carrier-neutral colocation services.

The centre has over 6,000 sqm (65,000sqft) of energy efficient and secure data centre space.

Coker who received a delegation of Nigeria CommunicationsWeek on tour of Rack Centre facility, said that the data market will continue to exhibit strong momentum as businesses accelerate their transformation into data-driven companies.

The growth is driving strong on big data-related infrastructure, software, and services.

He made reference to an International Data Corporation (IDC) report in 2015 that foresees the big data technology and services market growing at a compound annual growth rate of 23.1% over the 2014-2019 forecast period with annual spending reaching $48.6 billion in 2019.

According to Coker, Rack Centre has keyed into the data hosting space and carrier of carriers; positioning Nigeria to become the West Africa’s hub.

He told the Nigeria CommunicationsWeek’s team that, “The technology we have invested in provides clients guaranteed levels of uptime, power and service availability. Co-locating within Rack Centre allows companies to avoid fixed infrastructure investments and to leave the growing complexity of managing power and environmental issues to specialists”.

Rack Centre is a member of Jagal Investments. It is 100% owned by Jagal, a Nigerian conglomerate holding that operates leading energy businesses and manages a diverse portfolio of investments.

Only recently, an IDC report, observed that all three major big data submarkets – infrastructure, software, and services – are expected to grow over the next five years.

Infrastructure, which consists of computing, networking, storage infrastructure, and other data centre infrastructure like security – will grow at a 21.7% CAGR.