Connect with us

African News

EXCLUSIVE: Dutch-based DMP launches data centre in SA

Published

on

Iniel Dreyer, MD of DMP SA.

Iniel Dreyer, MD of DMP SA.

DMP South Africa, the local branch of European data management company Data ManagementProfessionals (DMP), is opening a data centre in SA.

The Netherlands-based company, which opened shop in SA in January, will officially launch its data centre facility on 31 March.

In an interview with ITWeb yesterday, Iniel Dreyer, MD of DMP SA, said the local data centre will be the company’s fifth after it rolled out four similar facilities in Europe.

Established 12 years ago, the firm specialises in secure data management products and services such as storage, backup and archiving solutions to cross-sector organisations.

The opening of this data centre comes at a time when SA is witnessing a flurry of activity in the data centre space.

Earlier this month, software giant Microsoft announced the opening of two data centre regions in SA, one in Johannesburg and another in Cape Town.

Microsoft’s rival Amazon Web Services is also looking to open data centres in SA next year, while Chinese telecommunications giant Huawei started offering its Huawei Cloud commercial services in SA this month.

The DMP SA data centre utilises Teraco infrastructure as a hosting facility to ensure full power redundancy is in place so there will be no issues around service availability, the company says.

It points out this is particularly relevant given SA’s current challenges due to unreliable electricity supply caused by load-shedding.

According to DMP SA, Teraco infrastructure ensures data availability through a stable power supply environment, ensuring fast recovery in case of data corruption due to continuous electricity outages.

“The data centre provides data management-as-a-service offerings (DMaaS) that includes backup-as-a-service, archive-as-a-service and, very importantly, disaster recovery-as-a-service. It will allow for hybrid data management offerings across all industries and market segments,” said Dreyer.

The company says the backing and support DMP provides ensures the data centre deployment is in line with global best practices and relevant ISO standards.

“Providing data management services through an overseas data centre is challenging due to the bandwidth required as well as latency when it comes to accessing data,” says Dreyer.

“However, the biggest issue is the lack of a localised offering and personalised service. Data management is not ‘one size fits all’, and our new data centre will empower us to provide bespoke designs and architecture for our customers.

“We will also be able to offer a more consultative approach that will enable us to implement specific solutions, including storage, archiving, backup and disaster recovery, tailored to the needs of our South African customers. The key for us lies in building trust and enhancing relationships with our customers.”

In a statement, the company says solutions such as DMaaS require quick access to data, as well as access to the actual infrastructure in case of a large-scale data loss event that requires significant volumes of data to be recovered.

In such instances, it notes, a localised offering means data can be physically accessed and sent via courier to customers, saving both time and bandwidth.

It adds that data sovereignty is a key factor, and for legislated industries such as financial services, this local data centre opens up the possibility to leverage DMaaS.

DMP says to ensure data is secure, all data is encrypted at rest (while it is being stored) and in transit (when it is being migrated or moved) with industry-standard encryption protocols.

It points out that vulnerability testing is conducted frequently to ensure security is up to standard. Organisations can choose different architectures, from multi-tenant platforms to customised dedicated platforms, ensuring flexibility and business suitability. Various options are available to develop a solution based on individual customer needs.

“One of the failings of international offerings around data management is a lack of understanding of the unique nature of the African market,” says Dreyer.

“As a South African organisation, we understand the culture and the economy, as well as the challenges in the market, and we can tailor our data management offerings to suit. We look forward to giving customers the benefit of a bespoke local offering backed by international support, standards and best practices,” he concludes.

Source link

قالب وردپرس

African News

Risk-off environment exposes SA’s weak fundamentals

Published

on

By

The global risk-off environment, brought about by fears of a US recession, has further exacerbated South Africa’s economic woes. “When the tide goes out, you tend to see which countries are exposed in terms of weak fundamentals,” says Annabel Bishop, Investec Chief Economist.

 

In this Investec Focus radio podcast, Investec Chief Economist Annabel Bishop discusses local and international concerns affecting the South African economy.

 

Annabel Bishop on rand volatility

“Typically, you do see quite a bit of volatility in the domestic currency in the middle two quarters of the year. In the Northern Hemisphere summer period, we tend to see heightened sensitivity to global market events.

“So if you have a risk-off event like the recent escalation of trade war tensions between China and the United States and concerns that the FOMC might not cut interest rates as much as previously was expected – those concerns were exacerbated in terms of the market impact and that’s quite typical for this time of the year. This given that trading conditions are fairly thin as the bulk of market traders in the Northern Hemisphere do tend to go away on their summer vacations now.”

Read Annabel’s Rand Note.

On underlying fundamentals for SA currency and markets remaining weak

“When the tide goes out, you tend to see which countries are really exposed in terms of weak fundamentals and of course with the global financial markets seeing a risk-off period, essentially the tide flowing out, then you see some of South Africa’s worries really being exposed, particularly in the run-up to the medium-term budget policy statement.

“That mini-budget we get, halfway through the fiscal year, gives us an update on government finances and of course the great worry around Eskom and its financing – what’s the quantum of debt that’s going to likely be transferred to the South African government balance sheet?”

On the proposed Debt Relief Law

“The worry [with the new Debt Relief bill] for the banking system is that such write-offs can have a significant impact on the banks’ books themselves. Conversely, this comes at a time where debt forgiveness could see some increase in borrowing.”

On an IMF bailout

“The IMF has said that South Africa is not, at the moment, in a situation which would require IMF rescue, which only happens when you go into a balance of payments crisis, so if we were unable to make payments on our government debt, particularly hard currency and foreign payments. South Africa is not deemed to be in that territory at the moment.”

On Brexit’s impact on SA

“There’s been a lot of increased relationships with South Africa in terms of trade. The UK is looking to foster deeper trade relationships and business ties with SA. If we do see a hard Brexit, strong breakaway from the EU for the UK, it will look to foster trade relationships and deals with other countries.”

On a potential US recession

“We have seen concern that the United States might not cut interest rates by as much as needed in the face of what could be a weakening in US economic growth and global economic slowdown.

“If we do see a situation where it looks like the United States will really go into a recession then I don’t think the Fed would hesitate in terms of cutting interest rates. But at the moment the US economy is deemed to be doing fairly well and I think there’s a friction between what the markets expect and what’s been communicated by the FOMC.”

 An interest rate cut from the FOMC?

“Markets are pricing in an 80% chance of a cut in the next meeting which is in September and slightly less than that for October and then perhaps around about 50% in terms of the December cut. Although these probabilities do change quite a bit.” BM

 

 

This article originally appeared on Investec’s FOCUS.

 

Gallery

In other news…

South Africa is in a very real battle. A political fight where terms such as truth and democracy can seem more of a suggestion as opposed to a necessity.

On one side of the battle are those openly willing to undermine the sovereignty of a democratic society, completely disregarding the weight and power of the oaths declared when they took office. If their mission was to decrease society’s trust in government – mission accomplished.

And on the other side are those who believe in the ethos of a country whose constitution was once declared the most progressive in the world. The hope that truth, justice and accountability in politics, business and society is not simply fairy tale dust sprinkled in great electoral speeches; but rather a cause that needs to be intentionally acted upon every day.

However, it would be an offensive oversight not to acknowledge that right there on the front lines, alongside whistleblowers and civil society, stand the journalists. Armed with only their determination to inform society and defend the truth, caught in the crossfire of shots fired from both sides.

If you believe in supporting the cause and the work of Daily Maverick then take your position on the battleground and sign up to Maverick Insider today.

For whatever amount you choose, you can support Daily Maverick and it only takes a minute.

Support Daily MaverickPayment options


Comments – share your knowledge and experience

Please note you must be a Maverick Insider to comment. Sign up here or if you are already an Insider.

Source link

قالب وردپرس

Continue Reading

African News

Leeds United 1-0 Brentford: Eddie Nketiah scores winner on home debut

Published

on

By

Eddie Nketiah’s goal was his second in two games in all competitions for Leeds

Eddie Nketiah scored on his Championship debut to earn Leeds United a late but deserved win at home to Brentford.

The 20-year-old, on loan from Arsenal, tapped in from Helder Costa’s square ball within four minutes of coming on as a substitute.

The hosts had the better of the game and victory gave them 10 points from a possible 12, seeing them top the early Championship table on goal difference.

For Brentford, the defeat was their second from their opening four league games and their first away from home, leaving them six points behind the strongest starters.

After a relatively quiet first half, Leeds applied significant pressure in the second and finally found a way past the visitors’ defence thanks to two of their substitutes.

Wolves loanee Costa – who was introduced with 25 minutes remaining – made a good run down the right and played the ball across perfectly for Nketiah to slot home in the middle.

The England Under-21 international, who joined Leeds on a season-long loan deal from the Gunners on transfer deadline day, also scored at Salford City in the Carabao Cup on his Leeds debut on 13 August.

His goal saw pace-setting Leeds add to their early-season away league wins over Bristol City and Wigan, as they claimed their first home victory of 2019-20 after drawing with Nottingham Forest.

The Bees’ best chance arguably fell to Said Benrahma in second-half stoppage time, but he blazed well over the bar after the ball had fallen nicely for him just outside the area.

Sweden centre-back Pontus Jansson – who scored for Leeds in this fixture at Elland Road last term – captained Brentford against his former club following his July move to Griffin Park for an undisclosed fee.

Source link

قالب وردپرس

Continue Reading

African News

Sharper teeth for Parliament’s financial watchdog committee as Scopa and SIU agree to work together

Published

on

By

Parliament’s Standing Committee on Public Accounts (Scopa) on Wednesday reached an agreement with the Special Investigating Unit (SIU) to refer various cases to the SIU for investigation.

Scopa is an important watchdog committee which oversees all state expenditure. 

The agreement has the potential to bolster the efforts of the SIU to recover funds lost to the state from corruption or irregular spending, much like the Special Tribunal established by President Cyril Ramaphosa earlier this year.

Scopa spokesperson Faith Ndenze issued a statement on behalf of chairperson Mhluleko Hlengwa, welcoming the agreement.

“The committee and the SIU are currently developing modalities and operating procedures to regulate the process to be followed in such cases.

“Scopa believes that this move will strengthen accountability and consequence management, particularly as it occurs against the backdrop of the amendment of the Public Audit Act, which also seeks to strengthen accountability.

“As Scopa holds meetings with stakeholders, it will find spaces and areas of agreement in terms of what the committee can and cannot do,” the statement reads.

Fin24 reported on Wednesday on some of the successes and forthcoming efforts of the SIU. 

“…the Special Investigating Unit has filed a court application on behalf of Eskom to set aside the Tegeta Brakfontein coal supply agreement to the value of R2.7bn.”

In February, the Sunday Times reported that the SIU was investigating the alleged theft of R139bn from Eskom, related to the construction of the Medupi and Kusile power stations, reportedly part of a broader SIU investigation into the theft of about R170bn from the power utility.

The statement concludes that “having met yesterday with a principal partner, the Auditor-General, as well as the Anti-Corruption Task Team (ACTT) and the National Treasury, it is apparent that Scopa is laying a solid foundation for its work going forward”.

GET THE NEWS at your fingertips and download the News24 app for Android here now. Get it for your iPhone here.

KEEP UPDATED on the latest news by subscribing to our FREE newsletter.

– FOLLOW News24 on Twitter

Source link

قالب وردپرس

Continue Reading

Trending