Despite the various economic and structural challenges that South Africa currently faces, there are many market opportunities and reasons to remain optimistic.
An acceleration in cloud services adoption within the local enterprise space and recent investments made by global hyperscalers have served to boost foreign investor confidence, and positions South Africa favourably as an attractive investment destination.
The prevailing circumstances also necessitate that organisations innovate in an effort to survive as they currently face tremendous cost pressures and have to do more with less. As such, many companies are turning to technology to reduce costs, increase revenues and improve operational efficiencies.
In this regard, enterprises are making significant investments in base infrastructure, which lays the foundation for large-scale digital transformation initiatives. In particular, expanding cloud infrastructure and capacity are vital to driving local innovation amid the economic challenges and tough trading conditions.
Improved technological capabilities will also enable South Africa to elevate its international competitiveness, providing the ability to emulate success stories from other developing nations that have successfully harnessed technology to boost their economies.
Singapore, for example, has positioned itself as an innovation hub, and East Asia has emerged as a major global force in manufacturing through digitisation.
South Africa can adopt elements of these successful approaches to drive economic growth within key sectors by embracing innovative technology solutions such as artificial intelligence (AI), deep learning, automation and the Internet of Things (IoT).
The technologies, which characterise the Fourth Industrial Revolution (4IR), can deliver tremendous value to the South African enterprise space, especially from a data perspective.
As such, it has become imperative that digital transformation advances in South Africa from its current conceptual stage to an implementation phase. This will spearhead enterprise innovation and accelerate SMME development.
If the appropriate solutions are implemented by competent and experienced services providers, 4IR technologies can effectively drive growth in areas such as agriculture, manufacturing, mining and business process outsourcing through operations technology. The cumulative effect would allow South Africa to leapfrog other developed economies and gain an early mover advantage.
SA has fostered an agricultural sector that is remarkably productive, however external factors like climate change, unattractiveness of farming to the youth, etc. has put the sector at risk against the backdrop of soaring demand. The global agri sector will be required to feed approximately 9.8 billion people by 2050. As technology becomes more accessible, many farmers are looking to it to help them improve productivity and yields. If science drove the first green revolution, data is driving the new iteration.
IoT technology is helping farmers to precisely monitor soil moisture and effectively water their crops, saving precious time and resources. Sensors also provide detailed topographical data and important variables, such as soil acidity and temperature. This information enables farmers to optimise conditions and boost productivity. IoT systems can also check the health of livestock in real time and ensure that feed is being effectively distributed.
Hewlett Packard Enterprise expects that future opportunities to leverage data and intelligence will emerge around the edge. According to Gartner, it is estimated that 75% of all data will be created outside of the data centre at the network edge due to the explosion of connected things and the adoption of IoT everywhere we live and work, whether it’s in retail, an office building, a factory or in agriculture.
Edge computing allows companies to deploy computing horsepower with lower latency compared to cloud computing, whilst drawing richer insights from the data at source and in real time. With only 6% of the data ever analysed in the cloud, edge computing marks a momentous shift towards decentralised processing, rendering decision-making purposeful and efficient.
To benefit from this trend, companies will need to take advantage of the resultant data. While AI and machine learning (ML) present huge opportunities for enterprises in this regard, deploying enterprise-level AI and ML at scale is challenging, requiring expert partners and solutions.
The other major trend emerging within enterprises is a move to hybrid cloud models – a system of cloud services encompassing public and private, on and off premise that cater to varying requirements and expected business outcomes.
Companies must partner with providers that can deliver across this spectrum to meet enterprise specific demands. These capabilities will enable them to keep pace with the rate of technological innovation and cement their relevance and competitiveness in an increasingly digitised marketplace.
Embracing a hybrid cloud model will also position enterprises favourably to embrace the everything-as-a-service trend. Companies will need to leverage this technology consumption model to realise the cost and operational efficiencies that create nimble and agile organisations that can thrive in the digital era.
New measures as video production comes to a halt
MultiChoice has announced a range of measures to safeguard the incomes of cast, crew, and creatives, as well as the sustainability of production houses.
MutliChoice Group has confirmed that production of video entertainment has come to a complete halt in South Africa, as the industry adheres to the national lockdown.
Many sectors across the African continent are adjusting and finding ways to deal with challenges brought about by the current coronavirus pandemic. Among these, MultiChoice Group is one of the best-known brands across Africa, due to its dominance of the video entertainment sector. As a result, it says, it is acutely aware of the challenges its partners in the industry are facing.
“For many years MultiChoice has been a leader in the sector and are a leading investor in local content production,” it said in a statement on Friday. “The group has deep rooted partnerships and long-standing commitments that have grown the industry for the benefit of many, both in front and behind the camera.”
For this reason, says MultiChoice, it has decided to implement several measures aimed at safeguarding the incomes of cast, crew, and creatives as well as the sustainability of production houses.
“With these measures the group can hopefully steer the industry through this tumultuous time.”
MultiChoice announced the following measures:
- “MultiChoice has set aside R80 million to ensure that current productions are able to pay full salaries of cast, crew, and creatives for the months of March and April, by when hopefully we will have the worst of the disruptions behind us. The need to secure salaries of our creatives goes a long way in creating income stability for them and their families. We believe this to be critical for the industry and in our view simply the right thing to do.
- “Through the MultiChoice Talent Factory we will be launching an online learning portal that will support over 40 000 members of the industry to gain access to courses and online master classes, so they can continue to hone their craft whilst adhering to the public health measures of social distancing and isolation.
- “Furthermore, we have committed to guarantee the incomes of freelancers in our SuperSport Productions, who are currently unable to work due to the suspension of sport and the national lockdown. This extends to guaranteeing the income of freelancers in our broadcast technology environment.”
MultiChoice Group CEO Calvo Mawela said: “Our main concern is to ensure as much as possible that we secure the incomes of creatives, cast and crew over this period. We want to ensure that they and their families are not negatively impacted as work has come to a standstill.”
Nintendo South Africa launches online gameathon
Nintendo’s South African distributor has set up live events for virtual participation during lockdown.
Being stuck inside doesn’t mean not being with the game. Players now have the chance to meet up virtually to play Nintendo Switch Online games like Ring Fit Adventure, Animal Crossing: New Horizons, and Pokémon Sword and Shield.
A daily schedule is available for each game. For example, Ring Fit Adventure has a kids challenge at 9am from Monday to Friday, while adults can join in at 2pm. The challenges are co-ordinated by a dedicated Ring Fit coach.
The challenge instructions will be available via the Discord channel. Join the channel via the invite here.
Players of all skill levels are encouraged to join. Plenty tips and tricks will be shared about the games.