Tag: data management

Ransomware and malware have become part and parcel of business in today’s world. Organisations need to be adequately prepared, which means that their data protection strategy must go beyond the traditional backup, restore, and disaster recovery.

The statistics make for worrying reading. According to our Data Protection Trends Report 2022, 97% of South African companies experienced an outage due to a cyberattack in the past 12 months. Of those, almost nine in 10 (86%) suffered a ransomware attack.

The fact that 57% of marketing executives admit they often don’t have the data to understand customers or anticipate their needs is an existential problem. No matter the industry, customer data and insights are vital to helping deliver meaningful experiences, create strong engagement and achieve customer satisfaction.

Way back, there was a joint course that combined students from the Computer Science (CS) department, which, at the time, was very focused on algorithms and programming skills, with students from the Business Information Systems (BIS) department – a more commercially oriented and less technical group.

It has become an accepted fact that data is the single most important resource organisations have, with the potential to transform companies, unleash organic growth, and even improve the human condition. And as consumers begin to voice their expectations for personalisation and customer experience, the need for data management has never been more strategic.

Even though concepts such as DevOps and MLOps have gained support in recent years, FinOps is a relatively new discipline that has yet to become generally practised. And yet, its potential to enhance financial services through a reinvented data strategy is significant.

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.

South Africans have become accustomed to dealing with crime because we have no other choice. Various sources place South Africa near the pinnacle of lists of the highest crime rates in the world. If you are a South African, or someone living in South Africa, you most likely take a number of precautions at home, work and play to avoid falling victim to crime.

In the post-pandemic world, digital transformation is not just a competitive differentiator and more of a necessity. However, digital transformation is not just about implementing innovative tools and technology – the workforce itself needs to adapt to a new way of working.

Innovation cycles are a key catalyst for growth and play a critical role in both entrepreneurship and economic development. The term ‘creative destruction’ was first coined in 1942 by economist Joseph Schumpeter. It refers to the dismantling of traditional business and economic models to pave the way for revolutionary technologies and innovative processes to improve the way things are done.