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The impact of cloud

Companies that have already moved their email and file storage to the cloud should now also consider moving their phone system to the cloud.
Moving to the cloud is not just about adopting a new technology platform but transforming the way one does business.
Cloud computing is making huge waves in the business world, consumer cloud services such as iCloud, Google Drive and Dropbox have changed the way people think about digital content and how to use it. Cloud is fast becoming the preferred choice.
George Golding, the CEO of a South African digital telecommunications provider, Euphoria Telecom said this is barely the beginning. “The rise of utility computing services, delivered over the Cloud, will continue to disrupt markets, spawn new business models and revolutionise information-sharing and business management for years to come.”
There is a workplace revolution with cloud technologies, they provide businesses innovative new ways to communicate, collaborate, interact, and work. More and more companies will be making cloud investments in the near future as they transition into full reliance on cloud technologies.
Cloud-based communications have given businesses improved operational system capability, flexibility and simplicity in order to revolutionise the modern workplace. By giving companies of all sizes access to information technology that was previously affordable for only the largest of companies, the cloud has levelled the competitive playing field.
Analysts expect the Cloud computing market to reach US$40-billion in five years and they also predict that more than 75% of small businesses will have moved to the cloud by 2020.
Golding said the true power of the cloud lies in what the technology offers. “A business phone system in the cloud is designed for the way companies work today. It keeps employees connected to customers and teams wherever they are working, on whatever device they are using and however they are collaborating.”
Cloud-based phone systems can help save costs, streamline operations, improve productivity and scale your business. It not only allows companies to invest more back into their business, it also increases profits by saving costs.
“Using a cloud phone system for your business will help you generate more revenue by saving on capital expenses and making better use of your resources. Many businesses opt for cloud solutions when getting their company off the ground as it reduces the upfront investment for email, web and document hosting and even phone systems,” he explained.
Eliminate start-up costs and deployment expenses by opting for cloud technologies, they are synonymous with lower software and technical maintenance requirements. They will help you avoid the costs and challenges associated with traditional on-premise deployment.
“Replacing on-premise telephony infrastructure with a cloud solution means your phone system can be managed entirely through the web, taking just minutes to deploy to your company. As you scale, add or remove business lines with the same speed and ease as you did setting up your first line. Hosting your business phone in the cloud also means it can quickly adapt to any software updates or improvements, without needing to purchase new hardware,” he concluded.

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Following reverse listing, public can now acquire shareholding in Paratus Namibia

Promotion

20 February 2020, Windhoek, Namibia: Paratus Namibia Holdings (PNH) was founded as Nimbus Infrastructure Limited (“Nimbus”), Namibia’s first Capital Pool Company listed on the Namibian Stock Exchange (“NSX”).

Although targeting an initial capital raising of N$300 million, Nimbus nonetheless managed to secure funding to the value of N$98 million through its CPC listing. With a mandate to invest in ICT infrastructure in sub-Sahara Africa, it concluded management agreements with financial partner Cirrus and technology partner, Paratus Telecommunications (Pty) Ltd (“Paratus Namibia”).

Paratus Namibia Managing Director, Andrew Hall

Its first investment was placed in Paratus Namibia, a fully licensed communications operator in Namibia under regulation of the Communications Regulatory Authority of Namibia (CRAN). Nimbus has since been able to increase its capital asset base to close to N$500 million over the past two years.

In order to streamline further investment and to avoid duplicating potential ICT projects in the market between Nimbus and Paratus Namibia, it was decided to consolidate the operations.

Publishing various circulars to shareholders, Nimbus took up a 100% shareholding stake in Paratus Namibia in 2019 and proceeded to apply to have its name changed to Paratus Namibia Holdings with a consolidated board structure to ensure streamlined operations between the capital holdings and the operational arm of the business.

This transaction was approved by the Competitions Commission as well as CRAN, following all the relevant regulatory approvals as well as the necessary requirements in terms of corporate governance structures.

Paratus Namibia has evolved as a fully comprehensive communications operator in Namibia and operates as the head office of the Paratus Group in Africa. Paratus has established a pan-African footprint with operations in six African countries, being: Angola, Botswana, Mozambique, Namibia, South Africa and Zambia.

The group has achieved many successes over the years of which more recently includes the building of the Trans-Kalahari Fibre (TKF) project, which connects from the West Africa Cable System (WACS) eastward through Namibia to Botswana and onward to Johannesburg. The TKF also extends northward through Zambia to connect to Dar es Salaam in Tanzania, which made Paratus the first operator to connect the west and east coast of Africa under one Autonomous System Number (ASN).

This means that Paratus is now “exporting” internet capacity to landlocked countries such as Zambia, Botswana, the DRC with more countries to be targeted, and through its extensive African network, Paratus is well-positioned to expand the network even further into emerging ICT territories.

PNH as a fully-listed entity on the NSX, is therefore now the 100% shareholder of Paratus Namibia thereby becoming a public company. PNH is ready to invest in the future of the ICT environment in Namibia. The public is therefore invited and welcome to acquire shares in Paratus Namibia Holdings by speaking to a local stockbroker registered with the NSX. The future is bright, and the opportunities are endless.