Connected intelligence helps SA manufacturers transition to Industry 4.0
Agility is critical for South African manufacturers looking to modernise their environments. They need to embrace the concept of Industry 4.0 to leverage cloud-based technology and cyber-physical systems to operate the smart factory required in today's digital world....
Do we pay enough consideration to data management tool usability?
Way back, there was a joint course that combined students from the Computer Science (CS) department, which, at the time, was very focused on algorithms and programming skills, with students from the Business Information Systems (BIS) department - a more commercially...
Technology is today’s crystal ball for businesses
The International Monetary Fund (IMF) recently forecast that growth of the global economy will slow to 3,2% this year, down from 6,1% in 2021, and to an even lower 2,9% in 2023. This can be attributed to lasting effects of the pandemic, fallouts from the...
Realise the potential of data for your business
It has become an accepted fact that data is the single most important resource organisations have, with the potential to transform companies, unleash organic growth, and even improve the human condition. And, as consumers begin to voice their expectations for...
Predictive modelling for business optimisation adds value in uncertain times
Predictive modelling is a critical component for any business looking to optimise their operations. As the name suggests, it entails forecasting outcomes for a business based on different permutations. "Having access to highly predictive models for driving...
AI Achievers are responsible by design
There is a clear incentive to accelerate AI transformation, and rightly so. Statistics show that the proportion of a company's revenue, "AI-influenced", more than doubled between 2018 and 2021 and is expected to triple by 2024. By Hina Patel, applied intelligence lead...
AI Expo celebrates 5th anniversary at SCC
AI Expo Africa celebrates its fifth anniversary this year, taking place on 19 and 20 September in the Sandton Convention Centre. AI Expo Africa 2022 will feature the following elements: * 10 000 square foot expo hall * 63 vendors and two showcase pavilions *...
Guard against biases and investment mistakes in volatile times
In times of volatility, investors tend to make irrational decisions. A recent example is the Covid crash of March 2020, when many investors - fearing a much deeper correction - sold into a falling market, only to miss out on one of the fastest rebounds in history....
Better data means better outcomes: are we perfecting this yet?
There is no doubt that the 'Data Revolution', which has accelerated exponentially over the last decade, has caused a fundamental shift in the way we do business across all aspects of the industry. By Jason Dunk, head of data science at Ambledown Financial Services...
Consolidate data for competitive intelligence
The amount of data created globally is expected to grow to more than 180 zettabytes by 2025. For context, 1ZB is equal to a trilliant gigabyte. It should hardly be a surprise that organisations are under immense pressure to manage this ever-swelling sea of data to...
How to benefit from the data warehouse
South African companies are looking for ways to maximise their data footprint, eliminate traditional siloed approaches, and provide users with a frictionless experience to extract valuable insights. The right data at the right time in the right form is an enabler for...
Make delivering a BI report quicker and easier
One of the biggest challenges that Business Intelligence (BI) analysts face is data debt - the accumulated cost of shortcuts taken with data quality and consistency over the years, which have created long-term problems. Among these issues are the time and sheer effort...