With analysts estimating up to 80 billion devices in the market by 2020, the need for real-time processing and analytics has escalated as companies realise the additional revenue, says NEIL HERBERT, Director: Business Analytics, SAP Africa.
This is also leading to the development of more than 200 000 new apps and services as companies aim to take advantage of the potential benefits of the Fourth Industrial Revolution by exploring new business models, optimisations, and revenue streams. However, business leaders are quickly learning that IoT is simply a tool, not a silver bullet: to extract the optimum value from IoT projects, business leaders still need clarity on its role in driving digital transformation – and bottom-line results.
While some businesses are running multiple IoT implementations across various lines of business but still struggle to realise true commercial benefits, industries such as insurance, retail, supply chain, and agriculture are experiencing exponential benefits as their IoT initiatives deliver transformative business value. In the supply chain, for example, companies are using IoT for intelligent supply chain execution, logistics, and supply chain planning for near-real-time replenishment, smart warehousing, intelligent transportation optimisation, and real-time track and trace.
In a range of other industries, recent use cases are inspiring confidence in the business value of IoT to reduce risk and optimise processes.
IoT delivering business value across industries
The insurance industry is one of the first to deploy large-scale IoT implementations to drive innovation and improve the customer experience. As sensors become more commonplace in the home, at work, and society, insurers will have exponentially growing pools of structured and unstructured data that could provide the foundation of better customer insights, more accurate situational awareness, and improved business processes. Those that prioritise digital transformation have already shown how the combination of data sets from IoT, their own systems, social media, partners, and suppliers can drive innovation and unlock new business models, greater efficiency, and increased competitiveness.
In another example, a company managing large sports stadiums in Germany uses data sets from weather, traffic systems, supply chain, social media, sensors embedded in turnstiles, and retail outlets to monitor operational needs in real time during large events. If, for example, a specific player is performing extraordinarily well on field, their system could inform the retail outlet to increase its stock of jerseys sporting that player’s name, as there’s likely to be increased demand following the end of the match. Similarly, if weather patterns indicate unusually hot temperatures, the system could alert suppliers to dispatch additional stock of drinks and bottled water to meet heightened demand.
Here in Africa, the farming industry – which by some accounts provides income for up to 60% of African citizens – is seeing how IoT and analytics can improve livelihoods by making small but important improvements to farming processes. Farming in Africa mostly involves small-scale farmers, where in developed countries farming is done at a grand scale by large corporations. In a recent rural agricultural project involving an IoT solution, sugar cane farmers gained valuable insights from sensors guiding the optimal harvest and processing times. Sugar cane farmers have a limited window of opportunity to process cut sugar cane; up to 50% of the yield can be degraded if it is not taken for processing within 48 hours of harvest. By using IoT sensors combined with a cloud-based analytics platform that incorporates external data sets such as weather data, African sugar cane farmers that were part of the project received timely information regarding the optimal harvest and processing timelines for their crops, helping them improve their yield and increase their revenue while minimising waste.
Cloud platform enables innovation
With the exponential growth of data, companies need to consider ways to leverage technology to reach and support employees, customers, partners, and suppliers across the world. Here, a cloud platform powered by an in-memory computing platform proves essential, as it not only connects disparate data sources and technologies, but enables innovation at a grand scale.
Globally, companies are leveraging the SAP Leonardo suite of innovation tools, including IoT, to unlock business value and transform their operations, business models, and revenue streams. The most successful implementations include a design thinking element that brings together a broad mix of people within the business to help uncover areas of high-potential IoT innovation. By partnering with a global leader in IoT innovation that can provide a platform, intelligence, insight and support, companies are now able to realise the true transformative benefits of IoT and its associated commercial applications.
News fatigue shifts Google searches in SA
Google search trends in South Africa reveal a startling insight into news appetite, writes BRYAN TURNER.
The big searches of the year no longer track the biggest news stories of the year, suggesting a strong dose of news fatigue among South Africans.
“People ask, why are the Guptas not on the list of Google’s top searches?, says Mich Atagana, head of communications and public affairs at Google South Africa, “The Guptas are not on the list because South Africans are not actually that interested. South Africans are looking for things they don’t know. From a Gupta point of view, we’ve been exhausted by the news and we know exactly what is going on.”
Google South Africa announced the results of its 2018 Year in Search, offering a unique perspective on the year’s major moments.
“Four years ago, there were almost no South Africans on the personalities list,” says Atagana. “Over the years, South Africans have gotten more interested in South Africa, in searching on Google.”
That isn’t to say that international searches – like Meghan Markle – are not heavily searched by South Africans. But they feature lower down on the lists.
From the World Cup to listeriosis, Zuma and Global Citizen, South Africans use search to find the things they really need to know.
These are the main trends revealed by Google this week:
Top trending South African searches
- World Cup fixtures
- Load shedding
- Global Citizen
- Winnie Mandela
- Black Panther
- Meghan Markle
- Mac Miller
- Jacob Zuma
- Cyril Ramaphosa
- Sbahle Mpisane
- Kevin Anderson
- Malusi Gigaba
- Ashwin Willemse
- Patrice Motsepe
- Cheryl Zondi
- Shamila Batohi
- Mlindo the Vocalist
- How did Avicii die?
- How old is Pharrell Williams?
- What is listeriosis?
- What is black data?
- How old is Prince Harry?
- How much are Global Citizen tickets?
- How to get pregnant?
- What time is the royal wedding?
- What happened to HHP?
- How old is Meghan Markle?
Top ‘near me’ searches
- Jobs near me
- Nandos near me
- Dischem near me
- McDonalds near me
- Guest house near me
- Postnet near me
- Steers near me
- Spar near me
- Debonairs near me
- Spur near me
- Winnie Mandela
- Meghan Markle
- Sbahle Mpisane
- Aretha Franklin
- Khloe Kardashian
- Sophie Ndaba
- Cheryl Zondi
- Demi Lovato
- Lerato Sengadi
- Siam Lee
The Year In Search 2018 minisite can be found here.
Smartphones dip in 2018
According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, worldwide smartphone shipments are expected to decline by 3% in 2018 before returning to low single-digit growth in 2019 and through 2022.
While the on-going U.S.-China trade war has the industry on edge, IDC still believes that continued developments from emerging markets, mixed with potential around 5G and new product form factors, will bring the smartphone market back to positive growth.
Smartphone shipments are expected to drop to 1.42 billion units in 2018, down from 1.47 billion in 2017. However, IDC expects year-over-year shipment growth of 2.6% in 2019. Over the long-term, smartphone shipments are forecast to reach 1.57 billion units in 2022. From a geographic perspective, the China market, which represented 30% of total smartphone shipments in 2017, is finally showing signs of recovery. While the world’s largest market is still forecast to be down 8.8% in 2018 (worse than the 2017 downturn), IDC anticipates a flat 2019, then back to positive territory through 2022. The U.S. is also forecast to return to positive growth in 2019 (up 2.1% year over year) after experiencing a decline in 2018.
The slow revival of China was one of the reasons for low growth in Q3 2018 and this slowdown will persist into Q1 2019 as the market is expected to drop by 3% in Q4 2018. Furthermore, the recently lifted U.S. ban on ZTE had an impact on shipments in Q3 2018 and created a sizable gap that is yet to be filled heading into 2019.
“With many of the large global companies focusing on high-end product launches, hoping to draw in consumers looking to upgrade based on specifications and premium devices, we can expect head-to-head competition within this segment during the holiday quarter and into 2019 to be exceptionally high,” said Sangeetika Srivastava, senior research analyst with IDC’s Worldwide Mobile Device Trackers.
Though 2018 has fallen below expectations so far, the worldwide smartphone market is set to pick up on the shift toward larger screens and ultra-high-end devices. All the big players have further built out their portfolios with bigger screens and higher-end smartphones, including Apple’s new launch in September. In Q3 2018, the 6-inch to less than 7-inch screen size band became the most prominent band for the first time with more than four times year-over-year growth. IDC believes that larger-screen smartphones (5.5 inches and above) will lead the charge with volumes of 947.1 million in 2018, accounting for 66.7% of all smartphones, up from 623.3 million units and 42.5% share in 2017. By 2022, shipments of these larger-screen smartphones will move up to 1.38 billion units or 87.7% of overall shipment volume.
“What we consider a so-called normal size smartphone has shifted dramatically in a few short years and while we are stretching the limits with bezel-less devices, the next big switch to flexible screens will test our imaginations even further,” said Melissa Chau, associate research director with IDC’s Worldwide Mobile Device Trackers. “While this category of device is still nascent and won’t see major adoption in the year ahead, it’s exciting to see changes to the standard monoblock we are all so used to carrying.”
Android: Android’s smartphone share will remain stable at 85% throughout the forecast. Volumes are expected to grow at a five-year compound annual growth rate (CAGR) of 1.7% with shipments approaching 1.36 billion in 2022. Android is still the choice of the masses with no shift expected. Android average selling prices (ASPs) are estimated to grow by 9.6% in 2018 to US$258, up from US$235 in 2017. IDC expects this upward trajectory to continue through the forecast, but at a softened rate from 2019 and beyond. Not only are market players pushing upgraded specs and materials to offset decreasing replacement rates, but they are also serving the evolving consumer needs for better performance.
iOS: iOS smartphones are forecast to drop by 2.5% in 2018 to 210.4 million. The launch of expensive and bigger screen iOS smartphones in Q3 2018 helped Apple to raise its ASP, simultaneously making it somewhat difficult to increase shipments in the current market slump. IDC is forecasting iPhone shipments to grow at a five-year CAGR of 0.1%, reaching volumes of 217.3 million in 2022. Despite the challenges, there is no ambiguity that Apple will continue to lead the global premium market segment.