Tag: robotics

We are acutely aware of the challenges posed by recent minimum wage increases mandated by the South African government. While the intention behind these increases is to improve the livelihoods of minimum wage earners, the reality is that they often create a complex web of consequences, particularly in industries like contract cleaning.

Workplace health and safety should never be a tick-box exercise in construction. When given the proper care and attention, health and safety practices keep workers safe, help projects stay within budget and timelines, and can have a substantial impact on companies’ bottom-lines.

The integration of machine learning (ML) into robotics has the potential to revolutionise many industries, and in particular, the manufacturing sector. Productivity, efficiency, precision, and flexibility are of the essence in this industry and its incorporation into production processes is increasing at a rapid pace.

For any business involved in local or global trade, a robust supply chain is key to sustainable success. The simple reality is that trade disruptions come in many forms, from natural disasters and geopolitical crises, to trade conflicts and even pandemics; and in all these scenarios, a strong supply chain is required to keep a business running, avoid losses, and retain its edge over the competition.

Artificial intelligence (AI) has been comprehensively embraced in the private sector in South Africa in less than a year, but more must be done to ensure that the public sector – and especially students in public schools and universities – are also empowered and prepared for the future world of work.

Outsourcing is more than just catching an expert by the digital tail and swinging them into the enterprise, it’s a strategic investment into a long-term collaboration. Outsourcing essential business operations across multiple departments and functions has proven its strategic value as service providers refine their offerings and enterprises adapt their use cases and perceptions.

There’s widespread acceptance that improving customer experience will go a long way towards attracting and retaining customers, especially at a time when there’s increased competition for valuable consumer spend. Naturally, all eyes turn to technology to remove friction, add convenience, automate, drive personalisation and much more.

The terms automation and Artificial Intelligence (AI) have become synonymous with each other in recent times and are often used interchangeably. This can make the concept of automation seem overwhelming to some businesses that are not yet in a stage of their digitalisation journey where AI would be practical or beneficial.

A difficult period for the performance of some thematic funds has given fuel to the naysayers’ arguments. But we believe thematic investing with an active approach is a powerful tool for investors now and in the years to come. Thematic investing has taken off in recent years. Global thematic assets under management stood at $400 billion as of 1 July 2023, up 11% from the end of last year (according to data from Goldman Sachs).

In today's rapidly evolving business landscape, organisations face a critical challenge: the need to stay ahead in an era of constant change and innovation. With 70% of C-level leaders feeling their skills are falling behind and over 80% of companies expressing concerns about hiring the right talent, it’s evident that a new approach is needed to navigate the future of work effectively.