Tech company Lyrid initiates data center development project in Nairobi, Kenya, aimed at bolstering the burgeoning tech environment.
Lyrid Expands to Nairobi, Bolstering Kenya's Tech Ecosystem
Lyrid, a leading tech company, has made a significant move by launching its new data center, Lyrid Savannah, in Nairobi, Kenya. This expansion marks a strategic step in Lyrid's broader effort to power the next generation of tech leaders [1].
The decision to establish Lyrid Savannah in Nairobi is driven by the region's burgeoning tech sector, particularly in the FinTech and logistics industries. The rapid growth in data centers in the area has led to speculation that Nairobi could become a global technological hub [2].
Lyrid's CEO and founder, Handoyo Sutanto, visited Nairobi to mark the launch of Lyrid Savannah. The company is already securing partnerships with data centers, organizations, and developers in the city [1].
The Savannah Data Center Initiative is designed to enhance data storage and processing capabilities in Nairobi, creating an environment conducive to tech startups, scale-ups, and established companies needing reliable digital infrastructure [3]. This project aims to support the growing tech community in Kenya, fostering innovation, job creation, and international competitiveness.
The expansion of Lyrid to Nairobi presents substantial investment opportunities. Investors can tap into opportunities in the infrastructure, cloud services, and cybersecurity sectors as demand for data handling escalates within Kenya’s tech ecosystem, which is among the fastest-growing in Africa [3].
Kenya's data center market value is projected to reach $440 million by 2029 [4]. Users in Kenya can now access powerful data center resources through Lyrid's IaaS platform at a lower cost compared to hyperscaler hosting [5].
The growth of startup communities in Nairobi is a significant factor in Lyrid's expansion to the region. With 48% of Kenya's total population having Internet access [6], the company is well-positioned to support the next generation of innovators by closing the gap between them and local data center resources [7].
In response to the lack of affordable local data center resources for most developers in Nairobi, Lyrid Savannah offers Platform-as-a-Service (PaaS) and local data center resources at competitive prices [5]. This move is expected to encourage more developers to create innovative solutions on the Internet quickly [8].
Handoyo Sutanto, the CEO of Lyrid, has expressed that the company is always open to worldwide expansion [9]. The success of Lyrid Savannah in Nairobi could pave the way for further expansions, positioning Lyrid to play a significant role in powering the next generation of tech leaders globally.
References:
- Lyrid Expands to Nairobi, Kenya
- Nairobi: Africa's Potential Global Technological Hub
- Lyrid Savannah: A Catalyst for Kenya's Tech Hub Ambitions
- Kenya's Data Center Market to Reach $440 Million by 2029
- Lyrid Savannah: Affordable Infrastructure for Nairobi's Tech Community
- Internet Usage in Kenya
- Lyrid Savannah: Supporting the Next Generation of Innovators
- Developers in Kenya Eager to Build Businesses and Innovative Solutions
- Lyrid's Global Expansion Plans
- With the launch of Lyrid Savannah, the tech company is bolstering Kenya's tech ecosystem by providing an affordable infrastructure for developers, promoting innovation in software and data-and-cloud-computing.
- The expansion of Lyrid to Nairobi has opened up opportunities in the industry, particularly for businesses seeking advanced technology solutions such as fintech and cybersecurity.
- As a global technological hub speculated in the near future, Nairobi's growing FinTech and logistics industries stand to benefit significantly from the advanced technology offerings provided by Lyrid Savannah.
- In an attempt to foster international competitiveness, the Savannah Data Center Initiative aims to support the tech community in Kenya by offering efficient technology, software, and cloud services, contributing to the growth of the local business landscape.
