At the panel session moderated by Olufemi George, Microsoft Platform Specialist, Bambo Ibidapo-Obe, Head of Business Information Management at Oando and Nanfa Kumswa, Chief Technical Officer at Availsys enumerated the benefits of big data and how it can propel businesses to greater profitability.
Kumswa noted that the era of big data is novel to businesses in Nigeria; which provides the opportunity to consume as much data as required without any form of barrier.
Bambo Ibidapo-Obe, added that “Government is the biggest beneficiary of big data and suggested the need to find a sustainable way of utilizing data effectively,”
George, while speaking on SQL server and the new world of data, explained that the world of data is changing, storage cost is reducing but data volume is growing with increasing consumption of IT. He added that Microsoft proposition is to manage data from any data source by bringing ability to access data anywhere, at any time.
George added that connecting with the world’s data empower developers to build new services and applications in a vibrant data market place. He disclosed that the Corporation was working with HP and Dell to bring parallel data warehouse, so end users can access data themselves.
Emmanuel Onyeje, Country Manager Microsoft Anglophone West Africa, in his remarks said there are many reasons for explosion of data, one of which could be as a result of social network or the business enterprise. He added that that the migration to “Cloud services” will help reduce IT cost in all ramifications.
Onyeje noted that Microsoft with the 4Afrika initiative is investing in Incubation Centres by supporting them with funding to foster innovation and the development of locally relevant apps.
Participants at the event were taken through series of presentations by Microsoft partners on Business Process Management, Telco Value Added Services, Customer Loyalty management, Credit Risk management and Business Intelligence.