Fleet Technologies, a top brand in the fast growing Information Communication Technology (ICT), sector, has changed its name to Vatebra. The company, which is positioned as the backbone of major industries in Nigeria, has indicated that the move was taken to serve customers better.
Dr. Doyin Salami of the Lagos Business School, who delivered a lecture titled: Beyond Now-Nigeria without Oil, Prospect for Technology and Innovation at the event, said Nigeria need Information Communication Technology (ICT) to drive the much desired national development we all crave.
According to Salami, “Technology has become arguably, the fastest growing sector in Nigeria. In 2016 alone, ICT accounted for 10% of the total Nigerian Revenue, the highest in a decade and half.”
The scholar added that recently, Nigeria ranked 121 out of 148 in the Global Innovation Index. With this in mind, he said Nigeria needs to create necessary infrastructures to accelerate technological innovations if truly the country is serious about matching up with the pace of growth and development around the world. He also, noted that the launch of Vatebra is a great step towards achieving technological innovation in Africa.
The high point of the event was the transition of the old Fleet Technologies corporate logo to a new, dynamic and futuristic global brand identity called Vatebra, which means backbone. With the emergence of the refreshed brand, it is believed that the economy of Sub Saharan Africa now has a backbone upon which it can ride.
The Managing Director of Vetabra, Mr. Kunle Akinniran, said the company has seen the evolution of thoughts and ideas.
“Ideas that simplify the way we conduct business to how our students register for examinations and check their results, we have seen how the mobile device has become the first and last touch point for virtually every young person in Nigeria today,” he said.
He also explained that the company has been at the forefront of championing innovative ICT solutions that have helped automate many manual processes both in government and private organisations.