According to Deloitte Analytics, data-driven decision-making and performance is the next wave of the digital revolution that companies need to prepare for to enjoy the opportunities on offer.|According to Deloitte Analytics, data-driven decision-making and performance is the next wave of the digital revolution that companies need to prepare for to enjoy the opportunities on offer.
“Companies need to get smarter with how they harness the immense benefits of these changes, or be left behind by those that do. And with the jobs crisis causing such profound problems in our society today, businesses can harness the efficiencies data analytics provides to generate new jobs by innovating to grow faster,” says Wesley Govender, Director, Risk Advisory from Deloitte.
In its recently issued report, Magic Quadrant for Business Analytics Services, Worldwide, Gartner defines Business Analytics (BA) as services that “encompass decision management capabilities, analytics capabilities, and information management (IM) capabilities.
“This field continues to grow, moving squarely into the mainstream of business decision-making worldwide. Data is everywhere around us and analytics should be everywhere too—in every corner of the business, every day. It should not be a special initiative, or a ‘department’, but an ongoing part of how decisions large and small are made every day,” says Mr Govender.
However, the missing link in the chain is education and insight that matters and is at the cutting edge.
To help plug these gaps, and to provide the corporate world with the tools to bring about true data-driven change, Deloitte School of Analytics begins hosting a series of in-depth training seminars with international partners in South Africa in February next year.
“We want to see companies innovate and grow faster – but we are also the first to know that this cannot happen without regular and constant training and insights into current best practice. Our programmes are therefore designed so that the best international expertise in this field can be brought in to boardrooms in SA and on the continent, as it were, and the process of learning and implementation can truly begin,” says Mr Govender.
Deloitte was recently named a global leader in Business Analytics Services by Gartner and it aims to ramp up even further the assistance it provides to clients in solving a wide variety of data related problems and define strategies for them to better manage, interpret and monetise their data assets.
Analytics innovators continue to push the edge, looking for new ways to gain advantage over slower-moving competitors.
“ In some cases, that advantage comes through sweeping discoveries that can upend entire business models. In other cases, more modest insights may emerge that unleash cascading value,” says Mr Govender.
“The disruptive effects of these changes on business models are significant. However, this change creates opportunities quickly – one of which is an ability to expand and create jobs for people with the right skills sets. To us, this is extremely exciting when you consider youth unemployment in SA is at 51% according to recent world development indicators,” he says.
Exponential growth in the areas of mobile data generation, real-time connectivity and digital business has made the job of protecting these assets and securing the gates in a “big data” world an altogether different–and more challenging undertaking.
“Due to the increase in regulator involvement from a privacy perspective, it is best to have more efficient use of data, rather than more data,” says Mr Govender.
According to Deloitte, companies need to constantly ensure they are a step ahead of the changes, which continue to come at a very fast pace. Questions that need to be answered, and which the Deloitte seminar series hopes to answer, include the most efficient way to make long-term technology investments and the best ways to protect sensitive data on networks.
“Unexpected ways to understand a business or client’s needs can emerge by using rich data analysis, often to information that has been sitting idle for more than two decades. Near real-time insights can be highly beneficial – it is not about simply counting customer numbers or transactions anymore. Simply put, big data analysis pays off,” concludes Mr Govender.
Win a Poster Heater with Gadget and Takealot.com
This winter Gadget and Takealot.com are giving away three Poster Heaters, which look like posters but become heaters when you plug them in.
Three Gadget readers will each win a unit, valued at R550 each. To enter, follow @GadgetZA and @Takealot on Twitter and tell us on the @GadgetZA account how many Watts the heater consumes.
What’s the big deal about these heaters? Many of us are struggling to keep the balance between soaring electricity costs and the need to keep warm this winter.
However, the recently launched Poster Heater by EasyHeat and distributed in South Africa by Takealot.com is not only one of the most cost effective electric heaters currently on the market, it is also easy to setup and use.
As the name indicates, it is a poster similar to one you would hang on a wall. But, plug it in and it turns into a 300 Watt heater. The Poster Heater isn’t designed to heat hallways or large rooms, but rather smaller ones like a bedroom or a baby’s nursery or a dressing room.
It uses radiant heating, which means that it heats up in a couple of minutes and the heat is directed at the objects or people around it, quickly taking the chill out of the air and providing a comfortable ambient temperature.
The other advantage of radiant heating is that it doesn’t dry out the air like infrared or gas heaters. Users also don’t have to worry about their children or pets getting too close to it because, even though it gets hot, it can be touched.
To enter the competition follow the steps below:
Competition entry details:
3. The competition closes on 31 July 2018.
4. Winners will be notified via Twitter on 1 August and Takealot.com will be in touch to organise delivery.
5. The competition is only open to South African residents.
Deezer to host Hotstix’s Mandela tribute playlist
Deezer is celebrating Nelson Mandela on the centenary of his birthday by hosting a tribute playlist created by music legend Sipho “Hotstix” Mabuse.
Mabuse, a legendary figure in African music, first rose to prominence in the 1970s with his band Harari and later developed a name for himself as a solo artist. One of his best known songs was the global hit BurnOut in the 1980s.
The playlist takes the listener on a captivating musical journey through the life of Nelson Mandela. It was compiled by Mabuse, who consulted with Mandela’s family and friends to ensure that the music would be relevant and accurate. The playlist also features commentary by Mabuse, which was recorded in his Soweto home.
“I have tried to tell the story of the music that Madiba loved,” says Mabuse. “The Playlist excludes the time in prison obviously, as Madiba would not have had exposure to music in that time. We have focused on the music we know he loved before and after that period. This recording was really an emotional journey for me, but an incredible opportunity to document these memories.”
The playlist features the music the young Mandela loved, such as The Manhattan Brothers, Solomon Linda, Brenda Fassie and Miriam Makeba. It includes struggle songs from Chicco, Johnny Clegg, Hugh Masekela and Yvonne Chaka Chaka. The playlist also includes Mandela by Zahara, one of the younger artists who caught Madiba’s ear.
Mabuse also offers stories of his own songs, such as Shikisha, a song greatly beloved by the former President.
“I was delighted to share my thoughts and hope the listeners enjoyed the musical journey,” says Mabuse. “Madiba did enjoy music immensely and we all have a purpose wherever we are in the world to celebrate culture and to learn from different cultures and music forms and styles.”
This playlist was inspired by the Nelson Mandela 100 campaign, calling on corporates and individuals to act as sources of inspiration and engage in conversation and action.