Prime Highlights
- UXE and Nascent will jointly deliver enterprise modernization, cloud and digital infrastructure solutions across Africa.
- The partnership strengthens UAE-South Africa technology cooperation and cross-border investment.
Key Facts
- UXE is an Abu Dhabi-based technology company; Nascent is based in South Africa.
- Africa is seeing rising investment in digital infrastructure, cloud computing and cybersecurity.
Background
The Abu Dhabi-based UXE has signed an agreement for strategic collaboration with Nascent Technologies Group of South Africa to extend its digital transformation initiatives in Africa based on its expertise in enterprise technology and business transformation.
Through the partnership, the two companies are expected to work together to create digital solutions that include enterprise modernization, cloud computing, digital infrastructure, and emerging technologies. The partnership is expected to support digital transformation by enabling business organizations and public institutions to leverage the power of digital transformation in their business operations to support technology-led economic development in Africa. The technology collaboration between the two countries will strengthen the relationship between the UAE and South Africa in terms of cross-border investment.
Technology companies are increasingly collaborating internationally to expand their market coverage and expertise. Collaboration in such a case allows companies to provide a wider range of services to their customers.
In Africa, firms and government organizations have increased investments in digital infrastructure, cloud computing, cybersecurity, and enterprise technology. The use of the Internet and the development of digital government services and the need for technology-enabled services have opened up opportunities for technology transformation service providers. Also, global collaboration has been helpful in the transfer of knowledge and development of technology ecosystems locally.
UAE is enhancing its economic and technological ties with Africa, where organizations based in the UAE have been making more investments in Africa through collaboration in enterprise technology, fintech, artificial intelligence, and digital infrastructure technologies. UXE-Nascent partnership can be cited as an example here.
Organizations have also been making investments in cloud computing, automation, data analytics, and cybersecurity to enhance efficiency, and technology service providers have been designing integrated solutions as per changing business requirements.
