The increasing volume of unstructured data captured by enterprises and the rise of multimedia, social media, will indeed fuel exponential growth in data for the foreseeable future.

To this effect, EMC, a global leader in storage has said that it is committed to assisting Nigerian firms cope with the phenomenal growth in data by providing tailored solutions. Havier Haddad, channel manager for Turkey, Emerging Africa and Middle East, EMC made this disclosure in an interview with Business Day in Lagos at the weekend. According to him, the ability of Nigerian firms to effectively analyse and manage large data sets will become an important basis of competition, underpinning new waves of productivity.

“Data is growing in a very crazy. Through the acquisitions we are doing, we are bringing top notch solutions that would assist businesses to manage and leverage this data. For instance, if there is a compliance regulation from the CBN and a bank is required to maintain critical data for a number of years.

They would require best-in-class technology to manage these data. We provide solution to assists business to manage, store and protect this information at minimal cost while improving performance”, he stated. With revenues of $20 billion in 2011, Haddad pointed out that the company is well positioned to enable businesses transform their operations and deliver Information Technology (IT) as a service.

“43 percent of our revenue comes from hardware. Another 43 percent of our revenue comes from software while the remaining 16 percent comes from providing services”, he posited. According to him, EMC spends more than 10 percent of its annual revenue on Research and Development (R&D).

Meanwhile, EMC has appointed Redington as its distributor in 15 countries, Nigeria inclusive across East and West Africa.

[via BusinessDay]