Tag: Machine Learning (ML)

Materials informatics is reshaping the landscape of materials Research and Development (R&D). It brings the full power of the data revolution to science and engineering. By leveraging Artificial Intelligence (AI), machine learning and advanced analytics, materials informatics accelerates discovery, streamlines development and opens entirely new pathways for innovation.

Read our exclusive cover story titled Digital payments - securing the gateways by Dean Friedman, Partner and Rupesh Vashist, Associate Director, KPMG Southern Africa, plus a host of other topical management articles written by professionals, consultants and academics.

Emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT) are transforming our personal and professional lives. These tech-driven and disruptive innovations are still in their early stages of development. However, they hold the potential to fundamentally reshape business, society and the global economy.

Artificial Intelligence (AI), cybersecurity and advanced analytics are no longer optional extras - they are reshaping the very fabric of global supply chains. As digital transformation accelerates worldwide, South African businesses are increasingly stepping up to lead this shift.

In recent years, corporate governance has become a hot topic following scandals like Steinhoff, Tongaat Hulett and many others. Despite increased attention, significant and material progress in improving governance practices across organisations remains alarmingly scarce.

As South Africa moves into 2025, key sectors, including energy, finance, technology, and manufacturing are experiencing significant shifts. These sectors will continue to evolve in response to economic, social, and global trends. International events, innovation and the drive for sustainability will drive developments across industries.

The adoption of fleet management systems in South Africa is accelerating. This is leading to safer roads. To keep up with rapidly evolving telematics technology, fleet operators are advised to view their systems through a more holistic lens. According to the Fleet Management in South Africa 2024 report, the country’s fleet telematics market penetration rate is expected to rise. It is estimated to grow from 41.5% in 2021 to 68% of the total fleet vehicle population by 2026.

As technology accelerates and sustainability gains global attention, supply chain management is becoming a crucial driver of business success. In South Africa, unique challenges such as rising costs and resource constraints are inspiring innovation through digitisation and sustainability.

While many audit tools and methods have evolved over time, the practice of audit has been in existence for years. But how do we as auditors stay ahead of the curve of emerging technologies? As audit professionals we often find ourselves facing unique challenges ranging from misalignment with auditees to insufficient identification of changing risk areas with technology advances and keeping pace with emerging technologies while ensuring the integrity of financial information.

Artificial Intelligence (AI) is arguably one of the most prolific buzzwords of the past decade. Since the advent of ChatGPT in late 2022, AI has become a hotly debated topic beyond the boardroom, reaching casual dinners and braai's. True, AI presents potentially both humanity’s greatest achievement and unknowable prodigious risk. True, AI presents potentially both humanity’s greatest achievement and unknowable prodigious risk.