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 toRead more
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 partnershipRead more
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 travellingRead more
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, butRead more
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.Read more
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 inRead more
Have you ever heard of the 20 Mile March? It’s a concept developed by Jim Collins in his book Great by Choice. The idea is all about consistency. Enterprises that prevail during turbulent and chaotic times are the ones who set themselves strict performance markers that they need to hit with steadfast consistency. Collins likens theRead more
Deloitte launched their 11th annual Tech Trends Report at a pan-African virtual event with more than 500 sub-Saharan clients and employees at the end of July. The report outlines trends that have arisen in response to persistent IT challenges, the role of technologies in creating new opportunities for the enterprise and the role of all ofRead more
Starbucks is one of the world’s most popular coffee brands. Holding the top spot in its sector for many years in a row, the beloved coffee brand has secured customer loyalty through constant adaptation and innovation. What is driving innovation at American multinational today? Big data and data analytics. So much so, that some haveRead more
Most South African SMEs generate an annual revenue of less than R200 000 and nearly half of SMEs employ less than five employees. This is according to the SME Landscape Report commissioned by Adclick Africa Media Group, which assesses the local SME landscape and identifies key challenges, opportunities and risks, as well as suggesting nextRead more
