ICT resellers that want to thrive in a changing technology market need to be prepared to share risks with their customers and move towards consumption-based billing models that allow companies to spread their technology procurement costs over a longer period of time. That’s the word from Gary Pickford, CEO of Tarsus Distribution, who says that enterprise technology users have lost their appetite for ICT projects that require high levels of upfront investment and a long wait for return on investment. Instead, they want to bring more predictability to their IT spending and conserve their capital for other strategic business projects. Says Pickford: “In an environment where access to financing is tight and where most companies are in cost reduction mode, few mid-sized companies are wi
Amidst rapidly changing technological realm, opportunities and challenges that the technology provides has become elusive. We are at a crossroads as we move from a society already snarled with the internet to the coming age of automation, Big Data, and the Internet of Things (IoT). But as the society operates largely on technology, it may have gone too far in technology dependence. While it brings greater benefits, by the very nature of the opportunities it presents it becomes a focal point for cybercrime, industrial espionage, and cyberattacks. The current digital business landscape sees many organisations face a myriad of evolving security threats. Based on experiences, companies today tend to spend 80% of their security budgets on trying to prevent security breaches, but only ...
Sub-Saharan Africa has a youthful population, with 70% of it under the age of 30. However, unemployment is high amongst the youth. The African nations believe that addressing the digital and economic challenges could be done through the strengthening of Science, Technology, Engineering and Mathematics (STEM) education on the continent. This will help prepare the continent’s young generation for ‘future jobs,’ and to fully leverage opportunities presented by the Fourth Industrial Revolution. This will help prepare the continent’s young generation for ‘future jobs,’ and to fully leverage opportunities presented by the Fourth Industrial Revolution. Several non-government organizations, governments, and companies are playing their part in making sure that the AU’s Agenda 2063, popularl
The sophistication and scope of cyber threats are expected to further escalate as the internet of things develops, yet our defenses remain low. Overwhelmingly, the current strategy is to define the threats, and then build strong defensive walls focused on keeping nefarious agents, viruses or programs out. This means that the similarity between cyber and biological warfare is tough to ignore: in both cases, we deal with evolving adversaries that grow in complexity and gradually vary their means of attack. Currently, digital technologies like the Internet of Things will add $14 trillion to the world's 20 largest economies by 2030. That's one fifth of the current world GDP. However, a major gap has been created between innovations and security. Striking a balance between this two is what wi