According to Deloitte’s 2017 FSI Review, financial services firms are looking to leverage digital tools and IT to do more and to help them stay relevant into the future. So much so that the incorporation of these tools into the work these businesses do has become the “new normal”. In this same review, Yacin Mahieddine,Read more
The 2015 sci-fi film Ex Machina explores the nature of the relationship between humans and artificial intelligence (AI). It asks whether or not we can trust these digital creations to really do what’s best for society. While this scenario may sound like something that will only happen well into the future, the reality is that manyRead more
“For many industrial manufacturers, what was once a clear path to success is now fraught with uncertainty,” PwC’s Industrial Manufacturing Trends report for 2018 and 2019 reads. As more and more manufacturers seek efficiency and production transparency from digital technologies and connected tools they are now faced with a new challenge – finding the rightRead more
Ever heard of “lights-out manufacturing”? This concept sees factories operating autonomously; without any human intervention. The name given to this type of manufacturing is inspired by the fact that lights-out factories don’t need any lighting so they’re just big buildings full of machines working in the dark. Why are we mentioning this? To illustrate justRead more
Banks are expected to spend $5.6 billion on artificial intelligence (AI) solutions in 2019, second only to the retail sector, according to IDC. But they’re not just investing in AI, they’re also leveraging these innovations to make money. McKinsey Global Institute predicts that AI and machine learning could generate well over $250 billion in valueRead more
Cloud adoption has totally changed the global business landscape. Despite this, the hype around cloud has been met with a certain amount of trepidation by the financial services sector. But this is changing. According to PwC, core service areas like credit scoring, statements, consumer payments and billings for basic account functions will be cloud-based come 2020.Read more
ShareGate is a Canadian organisation that helps clients simplify their move to the cloud. A recent post on their blog revealed that in 2017 the business had actually struggled to keep their cloud costs down. Despite being an organisation made up of cloud experts, they were struggling to manage cloud sprawl and to control theirRead more
As more and more business applications move to the cloud, modern enterprises are faced with a range of unique information security challenges. Cloud computing may allow your employees to access data and documents anywhere and at any time – this ups productivity, flexibility and agility – but it also makes it more difficult to keepRead more
In 2017, a roundtable hosted by local industry experts highlighted various concerns around the use of Artificial Intelligence (AI) in South Africa. Everything from data quality, data privacy, workforce readiness and re-skilling, as well as potential job losses was discussed. With these pitfalls in mind, what steps can developing nations, like SA, take to prepare forRead more
Forbes equate the hype around cloud computing, the internet of things (IoT) and artificial intelligence (AI) to the launch of the internet some thirty years ago. Describing the rise of the internet as the greatest technology revolution since the industrial revolution, they describe the combination of cloud, IoT and AI as “driving opportunity and threatRead more
