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Home Tech News Africa Tech News

IDC examines digital economy at CIO summit

Felicia Akindurodoye by Felicia Akindurodoye
May 14, 2023
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The Federal Government of Nigeria has placed a significant amount of emphasis on fostering the growth of the country’s digital economy; however, the country continues to face significant challenges, such as inadequate infrastructure, low levels of digital literacy, and disparities in policy implementation across different levels of government.

The development of Nigeria’s digital economy has been a key area of focus for the national government.

In spite of these challenges, Nigeria’s information technology (IT) and networking sector has drawn significant investment, which reflects a positive view of the country’s future economic growth.

On Thursday, June 22, the CEO and director general of Nigeria’s National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, will deliver the opening presentation at the IDC West Africa CIO Summit 2023 in Lagos.

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In his address, Kashifu Inuwa Abdullahi will go into these topics in further depth. In his talk, he will discuss the most recent advancements in Nigeria’s digital economy as well as highlight the implementation of government programmes that are intended to promote the economy’s expansion.

Read also: Nigeria’s SEC to regulate digital assets, but not crypto

The IDC West Africa CIO Summit 2023 will be held in the Four Points by Sheraton Lagos Hotel, and it will bring together influential thought leaders from the fields of information technology, telecommunications, digital governance, and regulation. 

This report will examine the current situation of the digital economy in West Africa, including its impact on residents, consumers, employees, and operations. It will also investigate best practices and methods that have been shown to enable the development of future businesses.

Jyoti Lalchandani, who is the group vice president and regional managing director for the Middle East, Turkey, and Africa at IDC, will deliver the keynote address at the summit with the title “Strategies for the CIO and Enterprise Innovation.” 

During this session, he will explain why line-of-business investments should be considered as a springboard rather than as an end state, explore the ongoing shift towards industry ecosystem innovation, and present tactics for developing a culture of trust. In addition, he will look at the ongoing move towards industry ecosystem innovation.

“We are thrilled to be bringing together the most prominent CIOs in West Africa to discuss the opportunities and challenges presented by the region’s digital economy,” says Lalchandani. “The event promises to provide expert guidance on creating an enabling environment for long-term sustainable innovation and facilitating future success in the digital economy.”

For the IDC West Africa CIO Summit 2023, IDC’s valued partners include NITDA as a Strategic Partner, AWS and Palo Alto Networks as Summit Partners, VMware as a Platinum Partner, Denodo as a Technology Focus Group Partner, HPE by Selectium as an Exhibit Partner, and ICITP as an Associate Partner. Palo Alto Networks and AWS will also be exhibiting at the event.

Regarding IDC

International Data Corporation (IDC) is recognised as the preeminent provider of market intelligence, consulting services, and events for the information technology, telecommunications, and consumer technology markets on a global scale. IDC is able to provide global, regional, and local expertise on technology, IT benchmarking and sourcing, as well as industry prospects and trends in over 110 countries due to its global workforce of more than 1,300 analysts. 

IT professionals, company leaders, and members of the investing community all benefit from the research and insight provided by IDC, which enables them to make technological decisions based on facts and to achieve their primary business goals.

IDC is a completely owned subsidiary of International Data Group (IDG), which is the most successful technology media, data, and marketing services organisation in the world. IDC was established in 1964.

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IDC in the countries of the Middle East, Turkey, and Africa

IDC maintains a coordinated network of offices around the Middle East, Turkey, and Africa area, with a regional centre located in Dubai. These offices are located in Riyadh, Nairobi, Lagos, Johannesburg, Cairo, and Istanbul, respectively.

Their coverage combines insights gained on a local level with perspectives gained on a global scale in order to provide a thorough knowledge of the markets in these rapidly evolving locations.

Their market intelligence services are unrivalled when compared to others in terms of their level of detail, consistency, scope, and accuracy. IDC Middle East and Africa has more than 130 analysts, consultants, and conference associates working across the area at the moment.

Tags: CIO summitdigital economyIDC
Felicia Akindurodoye

Felicia Akindurodoye

Felicia Akindurodoye is an experienced writer and researcher, whose watchword is originality.

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