Thursday, November 28African Digital Business Magazine

Tech

Business, Tech

Digital Convergence: The Secret to transformational success

The critical factors that shape the success or failure of digital transformation aren’t secrets, they’re people says Dr Karen Luyt, Snr Specialist: Digital Transformation at BCX. Digital transformation fails. In fact, it fails slightly too often for comfort. McKinsey says 70% of transformations fail. BCG says only 30% of companies get it right. KPMG puts the percentage of failure at 73%. Considering how beneficial digital transformation can be to the business and its bottom line, it’s time to turn the percentage on its head. To take the 70% of failures and turn them into a 70% success rate, and the way to do this is through people. Leadership is perhaps one of the most important success factors in any digital transformation strategy. Decision-makers and leaders need to know exactly why t...
Africa’s Bright Future: Experts to Discuss Smart City Solutions for the Continent
Events, South Africa News, Tech

Africa’s Bright Future: Experts to Discuss Smart City Solutions for the Continent

The 6th annual African Smart Cities Summit and co-located industry events take place this June Smart cities are the future of urban development, using digital technologies to improve lives, optimise access to resources and fuel economic growth. By 2050, the World Economic Forum predicts that 7 out of 10 people will live in cities. Some 2.5 billion people will move to urban areas, and 90% of this trend will take place in Africa and Asia[1]. A truly smart city leverages technology in an intelligent manner to improve service delivery, reduce pollution, improve safety, and tackle a myriad of local challenges. The sixth annual African Smart Cities Summit, the continent’s only dedicated conference on smart city development, will highlight the potential of smart cities to solve many of Africa’s...
First integrated drone delivery solution for laboratory samples and medical supplies in Africa
Medicine, Tech

First integrated drone delivery solution for laboratory samples and medical supplies in Africa

Siemens Healthineers to collaborate with German drone manufacturer and service provider Wingcopter to pilot an integrated drone delivery solution for healthcare facilities throughout Africa 2-way delivery system transporting blood samples, vaccines, and pharmaceuticals to improve access to sample analysis, accelerate diagnosis and allow faster treatment for rural communities Siemens Healthineers Middle East, Southern & Eastern Africa and Wingcopter GmbH have signed a Memorandum of Understanding (MoU) to develop and roll out an integrated drone delivery solution to transport various laboratory diagnostics materials as well as other medical supplies in Africa. The combination of Siemens Healthineers’ Laboratory Diagnostics testing capabilities and Wingcopter’s drone delivery servic...
South Africa News, Tech

Cloud revolution enables businesses to leverage cloud while using on-prem systems

By Udhveer Sookraj, Data Integration Specialist at Insight Consulting Moving to the cloud certainly makes sense from an African business perspective, despite some serious challenges and risk factors unique to these shores. However, not all businesses can take the plunge. Some businesses are reliant on expensive legacy systems that work well for them, while others are dissuaded from the move because of budgetary and compliance concerns. Luckily, a revolution in how cloud computing is approached means businesses not quite ready to migrate to the cloud fully can extract the benefits of being in the cloud while still using their own on-prem systems, which effectively redoubles security efforts and removes legislative compliance headaches. Before we get there, let’s take a look at the contex...
Tech

Online merchants hit by double whammy of fraud as cost of living bites

New research from Ravelin charts the rise of the ‘criminal customer’, now the ‘number one risk factor’ for one in three online businesses The research also shows a marked growth in sophisticated & organised criminal fraud Chief Financial Officers (CFOs) and Chief Risk Officers (CROs)now have to navigate an increasingly complex fraud landscape New forms of payment amplify dispute resolution issues for merchants Online businesses are being hit by a damaging double-whammy of fraud as the cost of living crisis bites. A survey of chief financial officers (CFOs) at online merchants across 10 countries, commissioned by fraud prevention platform Ravelin has found fraud is on the increase across the board in areas including: Online payment fraud (54%) Account takeover (...
SAFPS to launch a ground-breaking platform to combat fraud
South Africa News, Tech

SAFPS to launch a ground-breaking platform to combat fraud

Traditionally, South Africa has been a popular country among fraudsters looking for every opportunity to try and find their next victim. Statistics from the Southern African Fraud Prevention Service (SAFPS) point out that there was a 600% increase in incidents reported by their members in 2022 when compared to 2018. "The Southern African Fraud Prevention Service (SAFPS), in its role as the South African custodian of fraud prevention, has decided to take decisive action to tackle the problem that scams are posing to our economy. Over the years, the SAFPS has rolled out several important communication campaigns that aimed to educate South Africans about the various frauds and scams they can become victims of. However, the challenge is that reporting a scam – while important – is a reactive ...
AI in the Age of Data: Leveraging Artificial Intelligence for Smarter Decision-Making
Tech

AI in the Age of Data: Leveraging Artificial Intelligence for Smarter Decision-Making

Photo by geralt on Pixabay ‍By HALLEY JONES Artificial Intelligence (AI) and machine learning have become increasingly popular in recent years, with businesses and industries leveraging the power of AI to make smarter decisions. AI offers businesses the ability to analyze massive amounts of data, identify patterns, and make predictions that would be impossible for humans to do on their own. In this article, we will explore the role of AI in decision-making and discuss the benefits, challenges, and future trends of AI decision-making. Introduction to AI and its Role in Decision-making AI algorithms are designed to analyze data, recognize patterns, and make predictions based on that data. AI is being used to automate and optimize a variety of processes, from customer service to supply ...
The Future of African Tech: 7 Key Takeaways from Sentech Africa Tech Week
Events, Tech

The Future of African Tech: 7 Key Takeaways from Sentech Africa Tech Week

An inside look into Africa’s biggest tech conference  Sentech Africa Tech Week 2023 welcomed over 400 guests to the Century City Conference Centre in the host city, City of Cape Town, for another exciting chapter in the continent’s innovation conversation. Those guests were treated to deep thoughts on the solutions to Africa’s many problems from 60 expert speakers who shared knowledge and insights from their specific domains.   Getting in tune  “I’m a musician because of the computer. I love the engineering that goes into it and that’s why I had to go back to my community to teach the kids and help them understand the world that I love, so that they can have the same or better success,” said musician, tech CEO and innovator will.i.am in conversation with Leanne Manas in the continent’s ...
African Tech Leaders and Investors to Convene at Africa Tech Summit London
Events, Tech

African Tech Leaders and Investors to Convene at Africa Tech Summit London

Africa Tech Summit (ATS) London, the leading tech conference that drives business and investment across the continent, will host the seventh London edition on June 23rd live at the London Stock Exchange. Following a sold-out edition in 2022, the Summit will connect 300 industry leaders from across Africa with international investors, corporates, and ventures to do business. African tech start-ups raised $1.3bn (including exits) in the first quarter of 2023, representing a 29% Year-on-Year (YoY) decrease and a 52% decline (excluding exits) according to The Big Deal Report 2023 and underscoring the headwinds facing the ecosystem. Africa Tech Summit consistently connects leading African tech ventures with global investors, with this year’s Venture Track featuring an Investment Showcase, al...
Beyond Silicon Valley: How African Tech Giants are Leading the Way
Events, Tech

Beyond Silicon Valley: How African Tech Giants are Leading the Way

Sentech Africa Tech Week aims to unshackle innovation to allow big ideas and smart solutions to sweep across the continent. How can Africa shape its own future in the era of digital transformation? This is the question that drives Sentech Africa Tech Week, a four-day event that showcases the innovation happening on the continent and the opportunities available in the fourth industrial revolution (4IR). From 2-5 May 2023, Cape Town will host more than 300 leaders from various sectors - including business, government, academia and civil society - who will share their insights and experiences on how to leverage technology for social and economic development. The event will also feature live demonstrations of cutting-edge solutions and platforms that are transforming Africa's industries and ...