Tag: Internet of Things (IoT)

If you haven’t made the switch yet from ADSL, you might be feeling a little lost with all the options on the market. Fibre infrastructure and development is booming in South Africa with more and more areas coming online every week and an ever-increasing pool of internet service providers (ISPs). With this in mind, fibre is probably at the top of your list, and for good reason.

Fuel forecourt retailers or convenience shops are highly vulnerable to disruption. Although their operations have always provided a convenience-driven competitive advantage, they now have a lot more to grapple with. South African consumers are more tech-savvy and time-strapped, demanding greater relevance and convenience from service providers, all within a tighter economy and rising fuel costs.

Digital transformation is changing the ways businesses operate throughout the world. New technologies like cloud computing, artificial intelligence (AI), machine learning, and predictive analytics, already have had a profound impact on the world’s economies and continue to disrupt industries.

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.

For many enterprises, their siloed, traditional Supply Chain Management (SCM) systems are proving to be their Achilles’ heel when trying to operate in unprecedented circumstances, preventing business continuity and resilience.

Businesses must release new, exciting digital experiences and products at higher velocities than ever before to remain relevant and continue to increase their share of wallet in this brave new world which we refer to as the post-digital era. This unprecedented pace of innovation has several unintended consequences, which, if not purposefully addressed, can erode trust and alienate customers.

The adoption of key technologies in the South African communication, media and technology (CMT) space, can unlock R182 billion in value for the industry, consumers and society at large by 2026, we found in recent study.

Prior to the pandemic we were seeing the usual scams impersonating banks, telcos, and shipping companies but now a portion of them have switched to using the pandemic, the World Health Organisation, the American Centers for Disease Control and various international and local charitable organisations as bait.

Never before have we had so much information so readily available at our fingertips and there is no doubt that acceleration of innovation and the velocity of disruption underpinning the Fourth Industrial Revolution are having a major impact on businesses.

In this final article examining the business advantages of an effective reporting strategy, the focus turns to measuring the success of a project. As part of this, attention must turn to the key elements required to make a project successful.