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Connectivity – a threat to 4IR?

Connectivity – a threat to 4IR?

As South Africa develops and deepens its rapidly growing relationship with digital transformation, there remains one irrefutable, essential and pressing truth: connectivity is the gateway to the Fourth Industrial Revolution.

It was, along with the country’s need for a sustainable and consistent power supply, a dominant theme across all of the panels at the recent annual Directors Event futured by BCX. A gathering of some of the sharpest minds from business and society, ‘South Africa’s biggest board meeting’, as it is known, was held virtually for the first time, demonstrating and emphasising the point that without a wider and stronger access to the internet, the take-up of 4IR in this country will face a battle.

Is 4IR a re-inventing of the wheel or a modernising of it?

Is 4IR a re-inventing of the wheel or a modernising of it?

As South Africa’s digital transformation continues apace during these difficult times, the maxim that the fourth industrial revolution is a journey and not a destination is a mantra that will serve the country well.

While digitisation is a sea-change of approach for some, that does not necessarily mean businesses need to approach 4IR and their technology systems as though they are reinventing the wheel. It is as much about the modernisation of systems and structure to introduce the necessary competences that will see them well on this journey.

How can the financial services sector respond to COVID-19?

How can the financial services sector respond to COVID-19?

The COVID-19 pandemic, in addition to its global health and social impact, has disrupted every business sector in some way. Financial
services companies are faced with several unique challenges, some as a result of the pandemic itself, and others as a manifestation of the heightened pressure on businesses and budgets. This time of rapid change is also an opportunity to respond with innovation and agility, refining and in some instances redefining the financial sector of the future.