Tag: cloud computing

With digital transformation and rapid advances in technology meaning change in the market is swift and constant, businesses must keep up, or face being left behind. Agility is the key to business success and the healthcare industry is no exception.

If you don’t believe you can change your life and your career in a year, then you haven’t tried learning a new skill in digital technology. Matriculants are eagerly awaiting their results, countless job seekers are looking to accelerate their careers and thousands of unemployed youths are desperate for new ways to upskill themselves this year, new and promising developments are being made in the tech and digital economy creating more career opportunities than ever before.

In the last decade or two, there have been significant advances in cloud computing, the provision of software-implemented services (Software-as-a-Service or SaaS) and web-based applications. These offerings rely on software that runs on a remote server and are accessed by users from their own computer, via a network connection (rather than being locally installed on the internal memory of a user’s computer).

Does the current model of the traditional regulatory and statutory audit still make sense in the changing business context? These audits performed by independent and external auditors in line with relevant laws and regulations, require the auditee to submit a set of reporting information, and the auditor to produce their report annually in line with the legislated timelines and to meet stakeholder needs.

According to McKinsey, the tech-enabled insurer of the future will bear little resemblance to the institutions that exist today. Digitalisation, cloud computing, robotic process automation, and the Internet of Things are just some of the elements influencing the direction of the industry.

Technology adoption has played a huge role in how Small and Medium Enterprise (SME) navigated the past two years. Some businesses have used their tech to stay connected to their team and customers, while others found digital solutions to be the difference between closing their doors and maintaining a regular income.

In light of increasing technological advancements, employers must identify future skills in order to provide a flexible and agile workplace. A skills gap analysis can help determine the most valuable skills for a company and establish a plan for staff development.

Sustainability will permeate everything we do, driving new value and growth along the way. But most South African companies have been slow to adopt sustainability. So how can companies extend the capabilities of key technologies to enable sustainable practices?

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.

We’ve all grown accustomed to hearing about the cloud and how it has changed businesses, delivering new efficiencies and capabilities for the 4th Industrial Revolution (4IR). Two years into the pandemic, we can also safely assume that most companies have made at least some strides and investments into cloud computing.