Signal Alliance gives updates on growth one year after transition to holding company

Signal Alliance, a hitherto system integration company last week in Lagos engaged some selected journalists, giving updates on the growth of the company since it transited to a holding company one year ago.

Specifically, the company, which is now referred to as Signal Alliance Technology Holding (SATH) said as a holding company has successfully birthed three subsidiaries that are thriving in their various business endeavors in the last year.

The companies are Cloudsa; an indigenous cloud solution company, Signal Alliance Consulting; an enterprise technology consulting company and SAS Ware; an early-stage technology investment company.

Speaking at the event to celebrate the holding company and its subsidiaries, the Chairman of SATH, Collins Onuegbu said: ‘‘We have called you as part of activities to mark one year of transitioning to a Holding Company. After 25 years as a Limited company, and now one year of transitioning into a Holding company, we feel like a start-up again.”

He explained that it is very important for investors and the media to start focusing on Enterprise technology companies, as SATH and its subsidiaries are taking advantage of opportunities in diversifying Nigeria’s economy to drive sustainable growth of business within the country and beyond.

At the event, which culminated in the company engaging with its staff, the various heads of the subsidiaries spoke on the progress made so far in the last year, acknowledging the importance of technology in every aspect of the economy and how they have positioned their subsidiaries for the future that Technology holds.

According to Mrs. Busola Komolafe, the General Manager of Cloudsa; the subsidiary offers cloud services, especially for the Small Medium Enterprise segment. While urging SMEs to leverage the importance of migrating to the cloud, Busola disclosed that Cloudsa as an indigenous cloud-go company is prepared to assist organisation transition from on-premise to cloud services.

“Cloudsa has achieved Microsoft Cloud Solution Provider, CSP-Tier 1; Microsoft License Solutions Partner; Microsoft Consulting Services; Microsoft FastTrack Partner and Microsoft Authorised Education Partner,” she noted.

Also, Chucks Nwafor the General Manager of SASWare pointed out its growing portfolio of tech start-ups and early-stage companies in Health tech and Fintech that the subsidiary has supported and these tech start-ups are still thriving.

According to him, the specialty of SASWare VC is not only in discovering new tech solutions but also help support these ideas through funding, expert support and consulting to nurture those ideas to fruition.

For Kenneth Ufomba, Head of  Signal Alliance Consulting, which is focused on digital transformation, consulting, technology service delivery and adoption, the subsidiary is equipped to provide value and technology support to different sectors of the economy, especially enterprise solutions that will arise in the future.

He highlighted Signal Alliance Consulting’s focus areas to include but are not limited to assisting organisations to build modern workplaces; cloud and data analytics; custom and business application; network and infrastructure; cybersecurity, and managed/outsourcing services.