Tech company, Huawei, has said that with the continuous development of fields such as 5G, artificial intelligence (AI), and Big Data, data centres will only grow in scale and importance.
This is even as there is growing pressure on data centres to use less electricity and operate more sustainably, especially as economies in Africa and other regions look to decarbonise.
Critically, they will have to do so without compromising on performance or drastically increasing their physical footprints.
Huawei said this while revealing its definition of the Next-Generation Data Center Facility, and unveiling its new PowerPOD 3.0 data centre power supply system.
The new rollouts, not only reaffirms Huawei’s commitment to building low-carbon, smart data centres, it also underscores the fact that the next generation of data centres will be sustainable, simplified, autonomous driving, and reliable.
“At Huawei, we are ready and willing to do to contribute to green development in Africa,” Jason Xia Hesheng, President of Huawei Digital Power Southern Africa said during the launch.
“We have a proud tradition of ensuring that all our technologies are sustainable while pushing the boundaries of innovation.
It will allow customers to pursue some of the most transformative technologies such as 5G and AI while protecting the planet.”
The PowerPOD 3.0 enables data centres to do all of these things. It reduces the footprint of data centres by 40%, cuts their energy consumption by 70%, shortens the delivery period from 2 months to 2 weeks, and lowers the service level agreement (SLA) fault rate by 38%.
Africa in particular stands to benefit from systems such as the PowerPOD 3.0. Energy in particular presents a major challenge in Africa. Data centres consume anywhere between 2%-3% of the world’s power annually. This adds an additional strain on African countries’ grids.
Additionally, the average annual Power Usage Effectiveness (PUE) of data centres in Africa is 1.8, meaning that they aren’t as efficient as they could be. Something like the PowerPOD 3.0 could go a long way to bringing that score closer to the ideal of 1.0.
In addition, the system’s ability to bring down O&M costs could also prove significant, given that the initial construction of data centre accounts for just a third of its costs, with the other two-thirds coming from O&M.
With Africa set to have more than 600-million internet users and 360 million intelligent end-users by 2025, it will be critical that it not just use systems such as PowerPOD 3.0 to make its existing data centres more efficient, but also as a way of embracing the next generation of data centres, characterized by Sustainability, Simplification, Autonomous Driving and Reliability.
As Africa looks to balance population growth, urbanisation, and the desire to move forward on smart city initiatives with commitments to decarbonise, these kinds of next-generation data centres will be crucial. As the “heart” of the data centre, the power supply system should integrate and innovate all devices in the power supply chain.
TAJBank, CEO win global Islamic banking awards 2023
…..attest to bank’s rising reputation globally
In recognition of increasingly soaring brand reputation due to its world-class services both locally and internationally, TAJBank Limited, Nigeria’s fastest-growing non-interest banking services provider, has won the Global Islamic Finance Award (GIFA) 2023 for its ‘Best Sukuk Deal of the Year 2023’, beating scores of other nominees in the competition.
This is even as the bank’s CEO/Founder, Mr. Hamid Joda, was also decorated with the ‘Most Promising CEO of the Year 2023’ insignia by the GIFA’s Awards Committee at the event held in Senegal, and witnessed by the country’s President, His Excellency Macky Sall, and other global leaders and bankers.
Over the years, GIFA has recognized over 500 governments, individuals, and institutions, commending their significant contributions to the USD 4 trillion Islamic finance industry.
In his remarks, the bank’s CEO thanked the GIFA leadership for the global recognition, saying “we are very grateful to the award organizers for recognition of the bank and my humble self for the GIFA 2023.
“As we keep saying, these awards and several others TAJBank had received in the past three years will further encourage us to do more in surpassing the expectations of our growing customers in terms of quality products and services delivery for invaluable value-addition to them and their businesses”, Joda assured.
Also commenting on the GIFA 2023 awards, the non-interest lender’s Executive Director/Co-Founder, Mr. Sherif Idi, thanked “the customers for their increasing confidence in TAJBank to offer them superior products and services with, in some cases, personalized touches to confirm to them that our only interest is the customers.”
It would be recalled that the listing of TAJBank’s N10 billion Sukuk bond on February 13 this year on the Nigerian Exchange Group (NGX) enjoyed an unprecedented support from investors, recording over 30% oversubscription.
Joda, had during the beating of the Gong’ formalizing the listing of the bond on the Exchange, assured subscribers to the debt instrument its invaluable benefits, particularly its potential for good returns on their investments.
The GIFA Chairman, Professor Humayon Dar; commended the winners for their hard work, persistence, and innovative strategies to still be able to make giant strides even in the economy they operate in.
The selection of winners for the 2023 competition by the GIFA was conducted by the GIFA with support from the Cambridge IFA, a financial services intelligence house which specializes in developing and utilizing powerful cutting-edge analytical tools to test business data, assess macroeconomic indicators and understand market trends, leadership positioning and brand development relevant to the development of the financial systems
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