Digital Transformation
“Dire Implications” for Financial Services Unwilling to Digitise, says Standard Bank
Image sourced from Regent Lighting. Digitisation is driving the convergence of industries across the globe resulting in traditional financial services groups contending with a range of new competitors, says one of SA’s big four banks – Standard Bank. According to the findings of a report by world-renowned platform economy expert Sangeet Paul Choudary and Standard Bank’s Wholesale Clients Digital unit, the implications could be dire for financial services organisations that are unwilling to adapt their strategies in these changing times. Standard Bank’s newly released paper, titled The Power of the Platform Economy for Financial Services, looks at the fast-growing platform economy, in which value-creating interactions are facilitated by digital intermediaries. It unpacks the new opportuniti...
Remote Work Highlights the Real Problems with Paper-Based Processes
Image sourced from Pazo. Despite the rapid move towards remote work during the pandemic, even COVID-19 hasn’t been able to kill off paper in the enterprise. The result is that most businesses are facing the twin challenges of ensuring that remote employees manage hardcopy documents with due regard for security and making it easy for them to share documents with each other in remote or hybrid working environments. This is according to Robert Crowther, CEO of FCTEC, a specialist in digitisation and electronic content management solutions. He says that despite years of hype about the paperless office, paper has endured because there are still many business processes that depend on paper being signed and scanned to comply with legislation. What’s more, most businesses also have many important ...
Cybersecurity Should Be a Top Priority for Africa’s Digital Transformation
Sourced from Travellers Cloud adoption in South Africa and many other African countries is accelerating, helped along by the COVID-19 workplace disruption, and the need to reduce costs, manage risk and scale, and become more competitive. There are many drivers behind digital transformation strategies and many decisions that need to be made, such as which public cloud to consume. However, this should be less urgent than addressing security concerns. As we continue to work with organisations in different industries spread across our diverse continent, cybersecurity and cyber risk are increasingly important considerations for the C-suite. Against the backdrop of high-profile security breaches and ransomware, addressing security weaknesses are a key part of the success of digital transformatio...
Webinar: Go Paperless and Automate with Adobe & Microsoft
Join DaxData and IT News Africa on the 18th of August 2021 to find out how to transform your organisation’s paper-based processes with Adobe & Microsoft. The worldwide pandemic has accelerated digital transformation in Africa to new, unprecedented speeds, and with shifting more and more towards remote working, many have found themselves with new mounting pressures upon their paper-based workflows. Attend the Go Paperless and Automate with Adobe & Microsoft webinar to see how intelligent process automation and productivity in the Cloud can replace paper-based workflows. Hear from Dax Data’s Adobe experts as they demonstrate how to transform digital workflows with Adobe and Microsoft technologies. Attendees will also learn how integrated Adobe and Microsoft solutions can make it poss...
Blue Prism’s Greg Newton on the Digitalisation of Customer Experience
Greg Newton, Country Manager, South Africa, Blue Prism. Blue Prism is a global leader in intelligent enterprise automation. The company says it can transform the way work is done and accelerate the operational efficiency of organisations by “…making it easy for your people to automate the processes that matter most.” The automation of processes is one of the cornerstones for the digital transformation of enterprises, because it eliminates the need for cumbersome legacy tasks, like paper-based communications, and allows organisations to focus on one of the real keys for success in the digital age – customer experience. With this in mind, ITNA’s Luis Monzon had to opportunity to reach out to Greg Newton, Country Manager – South Africa at Blue Prism, to discuss how increasing business automat...
VYZYO and CAMPOST to Launch Digital Payment Services in Cameroon
VYZYO, a rapidly growing mobile financial services technology company, and CAMPOST, the national provider of postal and financial services in Cameroon, have announced that the two companies signed a commercial partnership agreement to deploy and operate digital payment and mobile financial services throughout Cameroon. VYZYO will initially deploy its VYZYOPay solution for CAMPOST. VYZYOPay is a state-of-the-art mobile financial services technology platform that will enable CAMPOST to securely rollout and manage digital payments for government services, money transfers and international remittances as well as mobile financial services for micro-credit and micro-savings. As part of the partnership between the two companies, VYZYO will also provide CAMPOST with strategic consultancy to increa...
84% of Kenyans Say Digital Devices Improve their Livelihoods – Survey
Image sourced from Shutterstock. Digital devices and services have improved the daily lives of 84% of Kenyans – while nearly one third said that it had boosted their incomes. These are among the key findings of a unique cross-country survey that provides a comprehensive and timely assessment of how Kenya’s aggressive investments in core digital infrastructure are having an impact on the level of individual Kenyans. “With Kenya now embracing its digital economy as the foundation for creating an empowered society, it’s critical to capture how that is currently playing out in the everyday digital experience of Kenyans across the country,” said Naoko Koyama of Dalberg Advisors. Naoko is the lead author of a report: “Kenya’s Digital Economy: A People’s Perspective” which has been funded by the ...
How Can We Empower More Women in Tech?
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
3 Crucial Reasons Why Financial Services Need to Accelerate Digital
Image sourced from Planful. “Go digital or go dark” – Companies that fail to heed this advice, irrespective of sector, run a great risk in the age of technological revolution. Consumers prioritise convenience and will often not see the need to step out of their houses to use a service that could be achieved with a few taps on their phones. Add to that a pandemic that has led to even further restrictions and the need to embrace digital ways of doing business becomes clearer. Historically, digital transformation has been a process that happens over the course of several years. COVID-19 has dramatically accelerated that timeline. Companies were forced to adapt in order to survive, with financial services having to evolve quicker than most. That’s because every business relies on payments and ...
Why A Future-Proof Data Centre Environment is Key to Digital Transformation
Image sourced from Capacity Media. According to a recent report, Africa needs 700 data centre facilities to meet the growing demand for capacity and density in today’s digitally-driven operating environment. This is easier said than done given the power, land, and water requirements of modern data centres. And yet, this has become a non-negotiable at a time when cloud adoption has accelerated and become a top business priority. “These mission-critical facilities require resilient infrastructure to ensure uninterrupted services that enable business, operations, and systems to function effectively and continuously – especially given the ongoing lockdown conditions still experienced in many African countries, but for a post-pandemic future too,” says Peter Hodgkinson, Managing Director, WSP, ...
Harish Lala, CEO of Zensar SA, on Mindsets for Successful Digital Transformation
Harish Lala, CEO of Zensar South Africa. Harish Lala is the CEO of Zensar South Africa, a technology consulting and services company present in 33 locations globally. Zensar specialises in helping organisations with their digital business transformation, and the company has experience with firms in the banking, financial services and insurance, retail, hi-tech and manufacturing sectors. With more than two decades of experience in the industry, Harish is a wealth of insightful observations, and his knowledge of digital transformation runs deep. Recently, Harish revealed that Zensar SA is 100% digital, with employees mostly working remotely and daily business operations monitored through company apps on his personal mobile device. With this in mind, IT News Africa’s Luis Monzon had the oppor...
Jonas Bogoshi, CEO of BCX SA, on Digital Transformation & The Future of Work
Jonas Bogoshi CEO of BCX SA. Image sourced from The CEO Magazine. Jonas Bogoshi is the CEO of BCX South Africa, an ICT company based in Johannesburg that offers solutions to help future proof businesses. The company says, “We take care of your technology so that your workforce is free to focus on your customers’ needs, build productivity, grow profits, and embark on the journey to Digital Transformation.” In 2004 the company was listed on the Johannesburg stock exchange and has grown from strength to strength. Today, BCX works with businesses from new start-ups to JSE-listed enterprises and international corporations. Appointed to his current role in June of 2018, Jonas is a big proponent of digital transformation and the benefits it holds. One of his personal goals for BCX is to see the c...
