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    Home»News»Nigeria to gain heavily from $1.78Tn global spending on digital transformation – Inuwa
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    Nigeria to gain heavily from $1.78Tn global spending on digital transformation – Inuwa

    mmBy ITPulseMarch 25, 2022
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    Group Photograph during the MainOne Breakfast seesion with MDA at Sheraton Hotel, Abuja
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    The Director-General of the National Information Technology Development Agency (NITDA), Mal. Kashifu Inuwa has expressed optimism that Nigeria will in the coming years gain heavily from the 1.78 trillion USD global spending on digital transformation.

    The NITDA Boss, who expressed this optimism in Abuja during a Breakfast Session tagged “Journey to the Cloud,” which was organised by MainOne in partnership with NITDA, noted that such gains will be visible across the public and private sectors of the country’s economy.

    “Occasioned by the “sudden digital shift the world is currently expressing” which would make the digital transformation global spending to 1.78 trillion USD before the end of the year 2022, there would be a drastic surge in Nigeria’s digital transformation projects in the public sector,” Inuwa, who was represented at the event by the Acting Director, Digital Economy Department, Engr Salisu Kaka said.

    Quoting research conducted by the International Data Corporation that predicts digital transformation investment would total 6.8 trillion USD between 2022 to 2023, Mal. Inuwa believes that the world’s GDP is set to be digitalized by 2022 and 70% of organizations globally will have to accelerate their use of digital technologies, transforming existing business processes and models to drive customer engagement, employee productivity and business resiliency.

    He attributed the digital transformation’s growth to several contributing factors that are awakening the consciousness of the world and reemphasizing the importance of digital technologies.

    For instance, the outbreak of the Covid-19 pandemic is one of the reasons for the growth, stressing that the pandemic necessitated the need to create a new workspace, work culture and new competencies and capabilities.

    This, according to him has considerably increased the digital transformation tempo around the globe in 2020.

    In her welcome remarks, MainOne Chief Executive Officer, Dr. Funke Opeke who was represented by the company’s Head, Enterprise and Regional Business, Olubunmi Ogun disclosed the company has developed a reputation for providing highly reliable services.

    She said the company today has provided Microsoft services for clients which involves creation of applications to aid ease operations adding that the acquisition of the company by Equinix would ensure more values are derived from the services of the company.

    Digital Transformation Mainone breakfast session NITDA
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