Tag: software as a service (SaaS)

Private cloud, public cloud, it doesn’t matter effectively cloud computing combines computing with a broad grid of data communications. Mostly, the grid is supplied by the global internet, provided you have a reliable connection to the internet.

The benefits of migrating into the cloud have long been evident. However, certain challenges have held the Financial Services Industry (FSI) organisations back from fully embracing the flexibility, agility and cost effectiveness of cloud-based solutions, particularly with regard to data storage.

Medium-sized companies in South Africa are in a precarious position in terms of cybersecurity. While they find themselves firmly in the crosshairs of cybercriminals, they also have limited options to successfully defend themselves against cyberattacks, as the challenges faced by this market segment are multifaceted.

The national lockdown forced a large contingency of the South African workforce to work from home and as it is somewhat of a new notion, it had its fair share of challenges. Yet recent studies have shown the shift to remote working has led to improved productivity for 29% of organisations.

Approximately 25-30% of accountants’ time is taken up searching for documents. However, the old adage that ‘time is money’ is more relevant today than ever before. One area where most companies can quickly lower operational and financial cost, risk and optimise efficiency is by switching to an integrated, cloud-native, document management platform which automates data storage, distribution and document management.

Despite its pivotal role in the 4th Industrial Revolution, the connectivity sphere is no different from any other business sector when it comes to profitability challenges. In the fast-moving and hyper-competitive economic environment of today, even the biggest players in ICT are under threat.

Until now, our industry has spoken about innovative technologies somewhat theoretically, without providing a clear picture of how these powerful new innovations will be used. This has left people without a solid understanding of how they will ultimately manifest in our work and personal lives.