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Tag: Internet of Things (IoT)
In the aftermath of the virus outbreak, 2020 has certainly been a challenging year for the manufacturing sector. The World Bank predicts the pandemic will push Sub-Saharan Africa into its first recession in 25 years with growth predicted to fall to -3.3% for 2020. Reduced demand has taken its toll on the balance sheet and cash flow of most producers.
South Africa's high water yield areas concentrate mostly along the Drakensberg as it moves south past the western border of Mozambique, through Kwazulu-Natal and thins out before it reaches the Eastern Cape. Then there is a smattering of additional areas along the mountains of the Western Cape. The rest has practically no such zones.
While IT continues to innovate and advance at a dizzying rate, the dark corner of technology licensing remains, for some, a haven of inertia. But even here there is activity and creativity as we see increasing demand to create a licensing model free of lock-in and representative of true value and transparency.
The mining industry has envisioned a new future where business, human and environmental interests are not competing priorities, but complementary strengths: a 'Triple Zero' future of zero harm, zero loss, and zero waste. In the Triple Zero future, where zero harm is lived out day-to-day, the health and well-being of the workforce act as a fulcrum for sustainable business operations.
The global Coronavirus pandemic has led to a cataclysmic shift in the way that many organisations do business. With mandatory nation-wide lockdowns, organisations have had no choice but to allow workers to work from home. These drastic changes in ways of working have led to several new cyber security risks and threats.
There is little doubt that there is now a mass understanding, or at the very least, mass awareness, of the Fourth Industrial Revolution (4IR). Paradoxically, that is thanks to the global COVID-19 pandemic. However, there are some serious 4IR policy considerations that do not seem to be getting the right levels of attention and focus on the African continent. 4IR has to be a matter of national agenda; national economic and political sovereignty & national security - necessitating commensurate prioritisation.
SAP supports organisations by transforming their data management capabilities through the deployment of its market-leading HANA platform. In a time of ongoing disruption and uncertainty, the ability to access insights into your organisation and the environment in which it operates can mean the difference between growth and stagnation.
Established two years ago to represent the interests of Internet of Things (IoT) technology service providers in South Africa, we are advocating for faster uptake of IoT technology by business and government in small, focused use cases.
The lockdown, interruption of supply chains, and the emergence of a distributed workforce are accentuating the need for innovation and entrepreneurship, with countless technology opportunities emanating from these unusual times. We are facing unprecedented disorder, with COVID-19 highlighting the need for bold, innovative solutions at all levels of society.
COVID-19 cannot take all the blame for the disruptions taking place in the global economy. The pandemic and resultant lockdown simply provided a conduit for highlighting the failings across industries in South Africa, whether that is healthcare, public transport, education, or others.