Big Data Archives - AfricaBusiness.com

Written by Divij Ruparelia, COO at DAI Magister Africa’s data centre market is growing at an unprecedented rate, driven by increasing internet penetration, rapid adoption of cloud computing, and soaring demand for digital services. As the continent embraces the digital revolution, the data centre market is projected to reach over $7 billion by 2028, an annual growth rate (CAGR 2024-2028) of 7%. This growth is not only transforming Africa’s digital landscape but also presenting significant opportunities for investors, technology companies, and local businesses. The Rise of Internet Users and Cloud Adoption There has been a significant surge in internet usage across Africa, with the number of users soaring to approximately 645 million in 2023, representing a remarkable 3.5-fold increase c...

The property sector has a great knack for changing with the times. When the internet boomed almost twenty years ago, property development companies quickly integrated it into their services. We have evolved and are thriving in this digital space. Auctioneering, in particular, has seen vast changes online, from merely posting properties up for auction to platforms such as our new Broll Auctions Online Platform that we launched earlier this year, whereby bids can take place in real-time. Today, we are facing different beasts, that of artificial intelligence, big data automation, virtual reality and the Internet of Things. And we would be wise to integrate these emerging technologies sooner rather than later. Just how these technologies will change property auctioneering is uncertain. But it...

Tag: Big Data

Africa Data Centre Market is Projected to Reach $7bn by 2028

How Industry 4.0 tools can aid property development