Tag: application development

There has been a remarkable shift to digital payments in South Africa and the rest of Africa in recent years. To put this into perspective, McKinsey anticipated that electronic payments would accelerate by an estimated 150% to reach $40 billion in revenues and 188 billion in transaction volumes between 2020-2025.

In the ever-evolving digital landscape of today, where data stands as the new currency, the demand for skilled data management professionals has become ever apparent. As a critical, ethical, legal and operational concern in modern business, data protection and management are essential for maintaining business continuity.

We are amid a major digital revolution dominating every sector of the economy. Enterprises now focus on enabling consumers, employees, and ecosystem partners. Companies no longer just serve customers; they collaborate with them. They no longer just compete with rivals; they partner with them. They’re no longer limited by industry boundaries; they ignore them. In short: platform-based ecosystems are the new plane of competition.

An application programming interface (Open API) provides standards for how different software communicate with each other. Taking it a step further, an Open API specification (OAS) allows both humans and computers to discover and understand the capabilities of a service without requiring access to its source code.

Using OpenAI’s ChatGPT, the response below was generated following the prompt "Write the opening paragraph for a media release about how transformative generative AI can be for business and government". Generative Artificial Intelligence (AI) has the potential to revolutionise the way businesses and governments operate, enabling them to create new products and services, improve efficiency and decision-making, and drive innovation.

Technological advancement is fundamental for economic development. The more accessible the tech is for citizens, the more rapidly the local economy can progress. In South Africa, a commitment to embrace the '4th Industrial Revolution (4IR)' has been a fixture of national government rhetoric for several years.

The insurance industry was once a bastion for slow, conservative business practices. But as other industries have either embraced digital transformation or have been radically upended by technology-driven startups, most insurers have realised that they have to follow suit.

The cloud infrastructure market is likely to be the battleground of the immediate future. Globally, the cloud is booming with the combined public cloud infrastructure as a service (IaaS) and platform as a service (PaaS) segments forecast to have revenues of $400 billion in 2025.

Though most people don’t realise it, much of the technology we use every day relies on open source software. Many of today’s phones, cars, and IoT devices use the open source Linux kernel operating system as well as over 60% of the world’s websites that run on Apache and Nginx web servers.

For those who survived the initial shock of the COVID-19 crisis, the question is: Now what? Since there is no going back to business as usual, it is time for companies to turn the page and concentrate on planning for mid- to long-term priorities.