The recent news that Amazon Web Services plans to set up three data centres in Cape Town is an indication of a coming boom in information technology (IT) spending across Africa. This is the view of executives and analysts attending this week's VMworld conference in Barcelona, the biggest cloud-computing conference in Europe, run by cloud software leaders VMware, which is majority-owned by Dell Technologies. "No continent has benefited less from the current IT revolution than Africa," VMware CEO Pat Gelsinger told Business Times. "There are still so many gaps Africa is experiencing. Kenya, Egypt, Nigeria and SA are the good markets, but it's still in a Third World environment. Digital gives Africa the ability to leap ahead." Gelsinger pointed out that the growth rate in technology spend globally is double that of GDP growth, with enterprise software experiencing a threefold multiple. Africa could well outpace this growth. "The reason is that every business has to become a technology ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now