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Nigeria: Interswitch and Stratus Technologies- Pioneering Digital Transformation in Nigeria’s Oil and Gas Sector

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Nigeria, known for its abundant oil and gas reserves, has been a major player in the global oil market for decades, powering economic growth and development. In recent times, the country’s focus on cleaner and sustainable energy sources, especially natural gas, has driven significant investments in infrastructure and exploration, solidifying its position as a regional energy powerhouse.

Despite these achievements, the Nigerian oil and gas sector has faced challenges that hinder its full potential. Issues such as data/cybersecurity concerns, unreliable data management systems, and situational analysis have impeded growth and sustainability aligned with the country’s development goals.

In a bold move to address these challenges, Interswitch Group, Africa’s leading integrated payments and digital commerce company, has teamed up with Stratus Technologies, a global technology solutions provider. Together, they are ushering in a new era of transformation in the energy sector by introducing cutting-edge solutions.

This partnership was unveiled at the 2023 Nigeria Oil and Gas (NOG) Energy Week themed ‘Powering Nigeria’s Sustainable Energy Future.’ Industry leaders, experts, and stakeholders gathered to discuss the country’s energy sector’s future.

The collaboration between Interswitch Group and Stratus Technologies is a commitment to leverage technology for sustainable growth and a resilient energy future in Nigeria. Interswitch Group, renowned for its digital expertise, brings its vast experience and technological prowess to the table. With the support of Stratus Technologies, they aim to digitally transform operations, ensuring continuous availability of critical applications, protection from interruptions and threats, and autonomous functionality within the sector.

Stratus Technologies, a global leader in Edge Computing platforms, specializes in optimizing complex operations, complementing Interswitch Group’s strengths.

The partnership holds tremendous potential for revolutionizing Nigeria’s energy sector. Together, they seek to unlock new opportunities, foster innovation, and address pressing challenges. The focus is on enhancing operational efficiency, reducing costs, and promoting environmentally friendly practices through digital technologies, data analytics, and automations to minimize wastage and ensure sustainable resource management.

Jonah Adams, MD of Digital Infrastructure & Managed Services (Interswitch Systegra), expressed excitement about the collaboration. “Through this partnership, we aim to leverage cutting-edge technologies to enhance asset integrity, optimize production processes, and create a more reliable, secure, and environmentally responsible energy landscape. Together with Stratus Technologies, we are confident that our collaborative efforts will drive sustainable growth and pave the way for a brighter, more resilient energy future for Nigeria.”

Pieter van der Merwen, Regional Manager Sales and Business Development Africa and the Middle East, Stratus Technologies, shared similar enthusiasm, stating, “By integrating our fault-tolerant edge computing platforms with Interswitch’s technological prowess, we are empowering organizations in the Nigerian oil and gas industry with unparalleled capabilities for real-time data processing, advanced analytics, and simulation. We take great pride in being a part of this transformative journey, facilitating improved efficiency, predictive maintenance, and cost optimization within the sector.”

These transformative efforts are not only streamlining operations but also contributing to Nigeria’s environmental footprint and fostering a greener, sustainable future. Ultimately, they aim to make Nigeria’s oil and gas industry a driver of sustainable economic growth and an exemplar of energy efficiency for Africa and beyond.

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