Kampala. Ugandans must make investment in data a priority given the fast-paced growth in technology.
Speaking in an interview in Kampala yesterday, Mr James Byaruhanga, the Raxio Data Centre managing director, said Ugandan businesses must leverage on the current technological growth to develop market efficient programmes to spur growth.
Business, he said, has become heavily reliant on technology which calls for dynamic investment.
Raxio, which was established by Roha, a US Greenfield Investment company through its Disaster Recovery Facility, is in the process of establishing a data centre in Namanve Industrial and Business Park.
The centre will be a key driver in boosting business efficiency for financial institutions, private enterprises and government agencies.
It will, according to Mr Byaruhanga, also be a three phase project that is expected to be complete in at least five years.
“The bulk of the investment is on equipment that is required to ensure reliability,” he said.
According to Uganda Communications Commission there are about 17.4 million internet users in Uganda, which calls for the establishment of strong data centres to secure users’ details.
Such centres, Mr Byaruhanga, said can also be used to bring critical services closer to the local market through cloud services.
Internet penetration currently stands at 45.4, which indicates rapid growth of the technological drive.