Tag: digital twin

The telecom industry stands at a critical juncture as it navigates the convergence of emerging technology against a fast-changing business landscape and ever-evolving consumer expectations. Artificial Intelligence (AI) is revolutionising the telecom industry, and we are at the forefront – helping to drive revenue growth by simplifying, modernising and automating Communications Service Providers' (CSPs) business operations.

Globally, the building and construction industry has been putting more emphasis on using energy-efficient technologies and equipment to reduce carbon emissions and energy consumption in buildings. This has resulted in the integration of renewable energy sources in building designs with solar panels, wind turbines, and even geothermal systems becoming commonplace.

Agriculture in Africa is being transformed by artificial intelligence (AI), but there is still one element it cannot replace. Despite dramatic technological advances in the sector in recent decades, the role of the farmer remains indispensable. This was a message delivered, surprisingly, at a recent conference in Europe, by a world leader in the field – from Eswatini.

With South Africa reaching an agreement to launch $1 billion blended finance fund to accelerate the development of the green hydrogen sector, the country is well on its way to pursue and harness this energy resource.

The mining sector is known for its complex and resource-intensive operations, where the efficient use of resources, safety, and environmental sustainability are of paramount importance. In recent years, the mining industry has witnessed a technological transformation through the adoption of digital twin models.

For jobs to be created, new industries need to be created and for that, you need people. A unique opportunity for job creation is emerging with the rise of artificial intelligence (AI), which is set to not only become a new growth area of its own but will also upend innumerable existing industries.

The adoption of accelerated, or automated underwriting, which uses advanced artificial intelligence and machine learning technologies to evaluate risk and underwrite life insurance, has been limited to date. This can partly be attributed to insurers cautiously rolling out automated decision-making, opting instead for small-scale improvements to risk frameworks.

Durban's port may soon get a revamp, but it needs to learn from the best in the world. During President Cyril Ramaphosa’s State of the Nation address in February he assured the nation that Transnet was “currently focused on improving operational efficiencies” at the country’s ports, “through procuring additional equipment and implementing new systems to reduce congestion”.

Infrastructure challenges in South Africa are mounting in what is turning out to be a perfect storm. Power cuts, water shortages and potholes are all too common. The South African Institution of Civil Engineering (SAICE) highlighted these challenges in its 2022 state of infrastructure report that revealed that South Africa is at risk of becoming a “failed state”.

The next three years do not look like the new normal they look like the never normal. It is not a pessimistic way of describing it but a realistic way, and it means that we need to think long and hard about planning and strategy and execution. There will be a lot of strategic thinking wastage over the next three years, and in our view, we cannot spend enough time studying how people are thinking and how they are reacting to the Coronavirus Covid-19 pandemic, the economy, and technology.