Africa’s first Chair in Digital Business is to be established at the Wits Business School through an initial five-year funding commitment from Telkom.
This is in line with leading academic institutions around the world where the digital aspect of business is becoming an essential part of business studies.
“This Chair is a first for South Africa and the continent and will ensure that as a business school located in the economic heart of Africa, we are at the forefront of delivering important research and relevant programmes that are essential for doing business in today’s digitised world,” says Professor Steve Bluen, Head of the Wits Business School. “The impact of this Chair is significant. Not only will it contribute to the economy by developing essential skills that will boost employment and encourage start-ups, but it responds directly to the Science, Technology and Innovation Strategy adopted by the African Union in 2014 that aims to reposition the continent as a collection of technology-driven economies, ensuring the sustainable growth of the countries within.”
The rapid development of information and communication technologies around the world and across the continent means that these days the internet is a key part of most businesses. Nearly every company or institution has online operations and many businesses now operate solely online.
Wits Business School also plans to conduct research in the field of digital business in Africa, and advance awareness of digital business and readiness by engaging with business, government and communities.
“A digital business removes the barriers of time and distance, creating local jobs that can compete in a global market,” says Professor Chris van der Hoven, Academic Director at the Wits Business School. “As we stand on the brink of the Fourth Industrial Revolution, business persons must understand the challenges, opportunities and risks of digital business, and be able to develop and implement digital business strategies, including digital management, web and data analytics and digital marketing in order to remain competitive locally and globally.”
Potential future developments include the Wits Business School offering a Master of Management in Digital Business, and the establishment of a Centre for Digital Business.
Sipho Maseko, Group Chief Executive at Telkom, said the availability of studies in digital business was an essential development for Africa and South Africa.
“Most businesses are, to an ever-increasing extent, online business. The next generation of business people will be even more exposed to new technologies, along with the threats and opportunities of digital disruption. Unless digital business is part of the business model, companies won’t survive.
“The old analogue approach is history. Digitalisation is helping companies achieve their business goals in a new real-time and information-rich marketplace. This is the world our young people are entering.”
Maseko said the collaboration with the Wits Business School would also help to identify and develop black South African and African talent in the field of digital business.
Professor Adam Habib, Vice-Chancellor and Principal of Wits University, says, “The Telkom Chair is a welcome addition to Wits’ suite of data science and big data courses and research, as well as to our new innovation hub, the Tshimologong Precinct, in Braamfontein. The development of a successful technology ecosystem is crucial to economic growth and international competitiveness, and I have no doubt that these cutting edge offerings will be central to this.”
In addition to its initial R32.7 million funding over five years, Telkom would create a black internship programme for Wits Business School students. Telkom would also offer free digital business training to its own staff, and particularly executives studying for a master’s degree in digital business.
Welcome to world of 2099
The world of 2099 will be unrecognisable from the world of today, but it can be predicted, says one visionary. ARTHUR GOLDSTUCK met him in Singapore.
Futuristic structures tower over the landscape. Giant, alien-looking trees light up with dazzling colours amid the hundreds of plant species that grow up their trunks. Cosmetic stores sell their wares via public touch-screens, with products delivered instantly in drawers below the screens.
This is not a vision of the future. It is a sample of Singapore today. But it is also an inkling of the world we may all experience in the future.
Singapore was the venue, last week, of the World Cities Summit, where engineers, politicians, investors and visionaries rubbed shoulders as they talked about the strategies and policies that would enhance urban living in the future.
As part of the Summit, global payment technologies leader Mastercard hosted a small media briefing by one of Singapore’s leading thinkers about the future, Dr Damian Tan, managing director of Vickers Venture Partners. The company’s slogan “We invest in the extraordinary,” offers a small clue to Tan’s perspective.
“We look as far forward as 2099 because, as a venture capital firm, we invest in the long term,” he tells a group of journalists from Africa and the Middle East. “Companies explode in growth because there is value in the future. If there is no growth, they won’t explode.”
The big question that the Smart Cities Summit and Mastercard are trying to help answer is, what will cities look like in the year 2099? Tan can’t give an exact answer, but he offers a framework that helps one approach the question.
“If you want to look at 81 years into the future, and understand the change that will come, you need to double that amount and look into the past. That takes us to 1856. The difference between then and now is the difference you can expect between now and 2099.”
Click here or on the page link below to read on: Page 2: Soldiers and Health in 2099.
- Arthur Goldstuck is founder of World Wide Worx and editor-in-chief of Gadget.co.za. Follow him on Twitter on @art2gee and on YouTube
Street art goes electric
Kaspersky Lab and British street artist D*Face have unveiled the first-ever “art helmet” design at the Formula E finale for electric cars in New York.
The ‘Save The World’ helmets will be raced by DS Virgin Racing’s drivers, Sam Bird and Alex Lynn, as they traverse the New York street circuit during the final races of the Formula E season.
The announcement signals the first art helmet by a Formula E team, continuing the heritage of art in motorsport and the cybersecurity brand’s commitment to contemporary art, creativity and innovation. D*Face took inspiration from Kaspersky Lab’s tagline, “A Company To Save The World”, and hopes that his colourful work will inspire people to take positive action.
D*Face will announce his first-ever art car design with a custom-made livery for the DS Virgin Racing Team. Its design will be released at the “Art Goes Green” event after Saturday’s race. The helmets and art car are the latest installations in the “Save the World” collection, following a major permanent public mural that was installed in Brooklyn, New York, in May.
D*Face, whose real name is Dean Stockton, said: “It is exciting to work with Kaspersky Lab on this project and create art with a real message of hope for a better future. After all, this is our world and we need to look after it. It will take every one of us to make a real lasting, impactful change. I love the mentality of the DS Virgin Racing Team and that of Formula E by showcasing sport in a way that doesn’t harm the environment, but is still just as exhilarating and fun.
“It is time for us all to stand together and make a change… be that stopping data steals, climate change, plastic waste or using damaging fuels. I want everyone to make a pledge to do one thing that will help make a change.”
As a sponsor of DS Virgin Racing Team, Kaspersky Lab is responsible for protecting the team’s devices against cyber threats. The company sees the technical environment in the global sport of Formula E as the next frontier in furthering its research and development of new technologies to keep vehicles secure in the digital world.
Sylvain Filippi, Managing Director at DS Virgin Racing, said: “The whole team fully supports this great initiative and our thanks got to Kaspersky and D*Face for their collaboration. It’s an honour to have such an innovative artist bring his talents to bear in our team ahead of the season-finale; the car, drivers’ crash helmets and mural all look amazing.”
Aldo Fucelli Pessot del Bo, Head of Global Partnerships and Sponsorships at Kaspersky Lab added: “There is a need for innovation on a global scale, both in contemporary art and in the fast-growing sport of Formula E. Now, for the first time ever, Kaspersky Lab is proudly bringing together the two sectors in an effort to Save the World and unleash creativity, encourage freedom of expression and further innovation.”