Digital Transformation Archives - AfricaBusiness.com

How will Digital Transformation evolve the Blockchain Practices in African Countries?

17Mar

By Africa BusinessNo Comments

Fintech

How will Digital Transformation evolve the Blockchain Practices in African Countries?

By HariKrishna Kundariya The use of blockchain practices has been rising in every industry. Today, every single industry is making the most out of it and making things easier for their audience to deal with it. If you are thinking how blockchain practices is going to get better with digital transformation, then you have landed on the right page. Africa is at the cusp of a digital transformation revolution. Not only this, in this part of the world, blockchain is poised to catalyse unprecedented growth across different industries. With a median age of 19 years and rapid technology adoption, the continent is well-positioned to leapfrog legacy systems with decentralized solutions. Here in this post, we are going to examine and discuss the key sectors in African countries that may evolve t...

6Dec

By Africa BusinessNo Comments

South Africa News, Tech

BCX Releases Digital Innovation Index Report 2023. Offering Strategic Insights for South African Businesses

BCX, a leading technology company, in collaboration with EY-Parthenon, has unveiled the much-anticipated BCX Digital Innovation Index Report 2023. This comprehensive report aims to guide businesses by evaluating their innovation strategies and shedding light on the dynamic landscape of digital transformation in South Africa. Jan Bouwer, Chief Solutions Officer, and Innovation Sponsor at BCX expressed enthusiasm about the partnership with EY-Parthenon, saying, “Digital technologies are growing exponentially, and as leaders, we need to understand the innovation landscape to ensure our businesses are future-fit for growth and sustainability. Encouraging our organisations to think creatively about harnessing the power of technology is essential if we are to grow our businesses and the economy...

30Jun

By Africa BusinessNo Comments

South Africa News, Tech

The sky’s the limit for cloud security

By Jan Bouwer, Chief of Digital Platform Solutions at BCX The digital era has opened new vistas for individuals and businesses with cloud computing being a critical driver of digital transformation. But as with everything, there is a downside to cloud technology, the biggest threat being security. Every business, big or small, and every individual using the cloud and digital products is at risk of being hacked. It is estimated that cybercrime will cost the global economy around $10.5 billion and new threats are emerging all the time. Ransomware attacks have increased by about 435% year-on-year and new viruses/malware are emerging every seven seconds. This equates to a million new variants every day! It was against this background that the Cloud and Security Conference 2023 was held at Jo...

10Jun

By Africa BusinessNo Comments

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...

How effective is your digital supply chain management?

15Dec

By Africa BusinessNo Comments

Business, Tech

How effective is your digital supply chain management?

As digital transformation increases at a dizzying pace, digital supply chain (DSC) management has become a business necessity. Software estates are ever-increasing, contracts and licences are becoming more complicated, and preventing wastage is more challenging than ever. Gartner predicts that in 2024, 60% of enterprises will underestimate cloud infrastructure and platform services consumption rates, leading to higher costs and missed opportunities for savings. Challenges in DSC management Though many companies will have some form of DSC management in place, these systems are often not centralised or automated, making them almost as complicated as the problems they should be solving. Marilyn Moodley, Country Leader for South Africa and WECA (West, East, Central Africa) at digital trans...

3Dec

By Africa BusinessNo Comments

Tech

New study reveals how digital technologies are shaping the global recovery

Latest Network Readiness Index ranks world’s most ‘network ready’ markets The latest results and rankings of the Network Readiness Index (NRI) were released today by the Portulans Institute, revealing how countries around the world are leveraging information technologies to emerge from the COVID pandemic and become ‘network ready’. This latest edition – the third compiled by the Portulans Institute since taking over the Index from the World Economic Forum in 2019 – ranks a total of 130 global economies based on their performance across 60 variables. STL, the industry leading integrator of digital networks, is the NRI’s official knowledge partner. The findings are included in a new report published this month, ‘Shaping the Global Recovery: How digital technologies can help make the post-C...

24Nov

By Africa BusinessNo Comments

Fintech, Tech

The CIO’s roadmap for digital transformation

As the pandemic dispersed the workforce, necessitating more sophisticated means to connect, collaborate and communicate, digital transformation became a business imperative. Fikile Sibiya, CIO at fintech specialist e4, explains why a roadmap for the future is essential in this transformation, and elaborates on what it should entail. Organisations in diverse industries are transforming their business models by embracing modern technologies to enhance their product offerings, client experiences and ways of doing business. Though this shift was already happening pre-pandemic, it has sped up considerably since 2019. As all this analogue-to-digital transformation is occurring, and occurring at a fast pace, the existing workforce often does not have the requisite skills to keep up with t...

22Oct

By Africa BusinessNo Comments

Tech

The future of work

With new technology such as AI support and smart cameras, the workplace of the future can be anywhere In what felt like the blink of an eye, the work landscape was transformed as the pandemic spread across the world in 2020. Entire workforces went mobile, seemingly overnight, while organisations bolstered existing remote working processes. And when the world emerges on the other side of this life-altering event, it won’t revert to the way things were before. By some estimates, 70 percent of the workforce will work remotely at least five days a month by 2025. Even in South Africa, where face-to-face meetings, office models and in-person communication has long been the standard, a hybrid model – a combination of remote and on-site working – will likely be the answer in the future, s...

20Oct

By Africa BusinessNo Comments

Egypt News, GITEX, Tech

UAE Government leaders, African Ministers share insights on their digital transformation agenda at GITEX GLOBAL 2021

Africa is set to power the world’s digital transformation with its huge young talent base powering an offshore services export revolution with Egypt in pole position and Ghana set to lead on bridging the digital gender divide. Insights shared by Leaders during GITEX GLOBAL Leaders Vision Summit in Dubai. Speaking on the Africa focus opening day of the inaugural Leaders Vision summit, H.E Dr. Amr S. Talaat, Egypt’s Minister of Communications & IT, revealed the country’s ITC Vision 2030 aims to transform the nation into a world-leading digital services exporter. And Dr. Talaat said the vision was already producing results with 3,000 software engineers now exporting services to Europe’s automotive industry with more to come. He told the audience that 2,500 electronic engineers were now ...

15Oct

By Africa BusinessNo Comments

Tech

GITEX GLOBAL x Ai Everything, world’s biggest and most collaborative tech event of 2021, set to drive international transformation

GITEX Global x Ai Everything, the world’s most influential technology sourcing and networking event of 2021, is returning for its 41st edition at Dubai World Trade Centre (DWTC) from 17th-21st October as the United Arab Emirates prepares to celebrate its 50th anniversary. GITEX GLOBAL x Ai Everything will be the world’s most complete, experiential technology event and will unite international innovators in Artificial Intelligence, 5G, Cloud, Big data, Cybersecurity, Blockchain, Quantum computing, Fintech, and Immersive marketing. These themes will be explored across six events – GITEX GLOBAL, Ai Everything, GITEX Future Stars, the Future Blockchain Summit, Fintech Surge, and Marketing Mania – which will collectively create an unrivaled global tech spectacle. New initiatives supportin...