Traditional offline purchasing and procurement is changing and being replaced by the B2B marketplace. Fully business-to-business oriented, a B2B marketplace is an online environment, typically run on a digital platform designed to make the business smarter. These marketplaces make it simpler to meet the supply and procurement needs of the organisation by allowing companies to

Many South African businesses aren’t able to access the ICT skills they need to succeed in the fourth industrial revolution (4IR). This is according to the South African ICT Skills Survey, which was released in September last year and was carried out by the Joburg Centre for Software Engineering (JCSE) at Wits University, in partnership

Efficiency is defined as the ability to produce something with a minimum amount of effort. Depending on what you’re doing, efficiency is based on different metrics. In sport, for example, achieving greater efficiency is all about how much energy you expend while performing a certain action – like moving through the water when swimming or travelling

The role of the chief information officer, or CIO, has transformed. In the future, CIOs are likely to spend more time on using technology services to achieve business needs to meet business goals and to compete more effectively and respond to ever-changing market demands. “It’s like when you build a house: you need plumbing, but

In April 2019, president Cyril Ramaphosa set up the Presidential Commission on the Fourth Industrial Revolution (4IR). The 30-member presidential commission was put together to assist government in taking advantage of the opportunities presented by the digital industrial revolution; identifying relevant policies, strategies and action plans to position South Africa as a competitive global player.

This week, Standard Chartered Bank and Microsoft announced that they have entered a three-year strategic partnership to accelerate the bank’s digital transformation via a cloud-first strategy. The digital strategy partnership makes the bank’s virtual banking, next-gen payments, open banking and banking-as-a-service plans a reality. This move by Standard Chartered, and similar partnerships/investments by others in