Tag: analytics

Industry 4.0 can exponentially grow developing economies and combat resource-related challenges. The manufacturing sector is South Africa’s fourth largest sector and a key driver of economic growth. However, industrialisation challenges in recent decades and the relatively slow adoption of new technologies have hampered the true potential of this industry.

Statistics show that companies that are evolving by embracing speed and agility are growing at twice the rate of companies that are struggling to scale innovation.

In this final article examining the business advantages of an effective reporting strategy, the focus turns to measuring the success of a project. As part of this, attention must turn to the key elements required to make a project successful.

Regulatory reporting has grown in profile over the last number of years, with more budget and more employees dedicated to compliance activities than ever before. Having been involved in the compliance space for more than a decade in some form or another, we have identified key compliance characteristics and trends in the majority of South African (and African) financial institutions.

Automation offers the supply chain significant advantages across efficiency, capability and reducing complexity. It can take on the tedium while opening up opportunity, and it can cut costs while allowing for improvements in deliverable and customer engagement. 

According to a report released in 2018 by the National Credit Regulator, of the 25 million ‘credit-active’ consumers in South Africa, a frightening 10 million were behind in their loan repayments.  Even the World Bank has deemed South Africa to be the most indebted country in the world.

The digital workplace is one where people, processes, technology, and the company converge to improve business productivity and employee engagement. It's a workplace where employees have the technological tools they need to complete business tasks effortlessly and efficiently.

Boardroom efforts to make customer experience a priority is being hampered by rising costs, retention and bad debt. South African firms continue to be challenged by rising costs of customer acquisition, retention, fraud and bad debt while striving for innovation through leveraging data and AI techniques.

The business risk landscape continues to evolve and has challenged the compliance and ethics efforts of organisations worldwide. PwC's 2018 State of Compliance Study shows how leading compliance and ethics organisations are prioritising cultural impact and embracing technology to increase their effectiveness.

Many of you are losing sleep over the state of your content. You know it’s not adequately managed and governed. You know users hoard it unsecured on their desktops, in cloud repositories, in file shares. They circumvent the established protocols and established systems you’ve put in place.