10 principles for modernizing your company’s technology

10 principles for modernizing your company’s technology

Business
Today’s technology platforms are not just new versions of legacy systems. They allow you to design a completely new digital enterprise — as long as you follow these guidelines. Illustration by QuickHoney A version of this article appeared in the Summer 2019 issue of strategy+business. The life cycle of information technology is becoming shorter every year. New competitors are disrupting industries by leveraging state-of-the-moment digital practices and processes. Customer expectations are constantly evolving in an accelerating race for the most advanced, hyperconnected, seamless experiences. IT functions are under unrelenting pressure to support leading-edge capabilities such as data analytics, cybersecurity, automated processing, and integration with third-party systems. The easiest way to do this is through platforms that connect everyone to the same cloud-based cross-industry digital infrastructure. In this context, your company’s…
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Samsung Note 10 sales surpass predecessor

Samsung Note 10 sales surpass predecessor

Business
The Samsung Galaxy Note 10 is already out-performing its predecessor, the Note 9, in the South African market. This is according to Sung Yoon, Samsung Africa president and CEO, speaking at the company’s ‘Empowering Tomorrow’ event this week. “The Note 10 is actually the best performer sales-wise, selling 50% more than the Note 9 for the same period.” This year, Samsung unveiled a range of new premium devices, including the Galaxy S10e, S10, Note 10 and the highly-anticipatedGalaxy Fold. In October, the company celebrated the 10th year of Galaxy smartphones in SA through the ‘Power of 10’ celebration, which coincided with the brand’s 50 global anniversary and 25th anniversary in the country. As part of the celebration, Yoon said the company decided to empower South African youth through its Empowering…
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Low subscriber numbers and debt kill Cell C Black

Low subscriber numbers and debt kill Cell C Black

Business
SA’s tightly-contested video-on-demand (VOD) market and a poorly executed strategy are the main reasons for Cell C’s termination of its VOD streaming service, Black. Commenting on Cell C pulling the plug on Black, which was introduced in 2017, analysts believe that while there is still hunger for innovative streaming offerings in SA’s competitive market, a number of factors caused the telco to shutter the service. Cell C reportedly spent over R1 billion on acquiring content rights for the VOD and live TV streaming platform, which focused on delivering entertainment, movies, gaming, sports, travel, music and children’s content, among others. In a statement sent to ITWeb, Cell C confirms that due to low subscriber numbers, it will shut down its streaming content service at the end of December. “Following a review…
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Facebook, Instagram to Block Under-18s From Seeing Sexual Content

Facebook, Instagram to Block Under-18s From Seeing Sexual Content

Business
The social networking giant will bar several types of sexually explicit content for users across the globe. Facebook and its photo-sharing platform Instagram will introduce a policy change in the beginning of the next year, which will hide suggestive advertisements and images for users below 18 years. As part of the policy change, the social networking giant will bar several types of sexually explicit content for users across the globe. Teenagers would be barred from viewing sexualised adverts, fictional depictions of sex and artistic portrayals of nudity or sexual acts, the Daily Mail reported on Monday quoting The Telegraph. The advertisments, containing "implicit sexual activity" and photos of artworks that depict sexual activity, will, however, remain visible to adults. The restrictions will solely depend on teenagers who register their right ages. It's highly likely…
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Xerox Plans to Take HP Buyout Bid Directly to Shareholders

Xerox Plans to Take HP Buyout Bid Directly to Shareholders

Business
HP has said that under Xerox's proposed terms, the combined company would be saddled with "outsized debt". Xerox said on Tuesday it was planning to take its $33.5 billion (roughly Rs. 2,40,000 crores) buyout bid directly to HP shareholders after the personal computer maker refused to open its books for due diligence before a deadline. HP on Sunday rejected Xerox's $22 (roughly Rs. 1,570) per share offer that consists of $17 in cash and 0.137 Xerox share for each HP share, saying the offer "significantly undervalues HP". The computer maker also accused Xerox of using aggressive words and actions to force a potential combination on opportunistic terms and without providing adequate information. "We plan to engage directly with HP shareholders to solicit their support in urging the HP Board to do the…
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What is Google Analytics Fastbase and do I need it?

What is Google Analytics Fastbase and do I need it?

Business
If you have a Google Analytics account, you may have heard of the Google Analytics Fastbase, but what exactly is it? Well, it’s a Google Analytics add-on that touts itself as helping you “identify your web traffic into real business contacts.” It gives specific information about the businesses that are sending visitors to your website. For B2B companies that have a robust sales force, and time to look up potential leads, this is a great tool. Here’s what you need to know about Google Analytics Fastbase: 1. It gives you (some) company names. Fastbase lists the business names that sent visitors to your website, but there are some limitations. For example, if I work for XYZ university and I come to your website, it will show that university as the…
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5 things you need to know in SA business today and the 10 best books of 2019 so far, according to Amazon

5 things you need to know in SA business today and the 10 best books of 2019 so far, according to Amazon

Business
1. South Africa avoided a second recession in two years, with the economy growing by 3.1% in the three months to end-June, according to Stats SA. This is much stronger than expected: A Reuters poll of economists had forecast growth of 2.4%. The mining sector rebounded with growth of 14.4% - contributing a full 1.0 percentage point to GDP growth. This was thanks to the end of strikes at gold mines, but also due to a major rally in metal prices. Gold is currently trading at its highest level in six years, while platinum jumped from below $800/oz in June to above $930 currently. The rand rallied almost a percent to R15.10/$. 2. The Nigerian government is taking action against South Africa amid  xenophobic attacks in Gauteng. Nigerian President Muhammadu…
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Why Your Customers Expect You To Have A Website

Why Your Customers Expect You To Have A Website

Business, web design, web development, Website Development
Print | Email When people are looking for a product or service, they turn to online search. They may search based on keywords, or they’ll search specifically for your business name. The truth of the matter is, your audience is going to judge you based on the results of that search. They want to know whether you’re the right business for their needs. If you’re a landscaping company who focuses on building extravagant water features, someone who’s looking for regular yard maintenance is not going to be a good fit for you. They’d rather not waste their time setting up an appointment, only to be told that you don’t offer those services. They want to see that information right there on your website. While there are a plethora of items…
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R32bn invested in SA’s research and development

Business
Five institutional sectors helped boost SA's R&D spend. South Africa's total contribution towards research and development (R&D) reached R32.3 billion during the 2015/2016 period. This is according to the recently released 2015/2016 National Survey of Research and Experimental Development, which showcases expenditure of five institutional sectors that perform R&D in the country. The survey shows gross expenditure on R&D (GERD), the total spending by all five sectors nationally, at R32.3 billion, based on the rand value for the period in review. In constant 2010 rands, GERD amounted to R24.5 billion. Godfrey Mashamba, chief director for science and technology investment at the Department of Science and Technology (DST), says the GERD in 2015/2016 indicates an increase of 10.2% compared to the year before. GERD amounted to R29.3 billion based on 2014/2015…
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Calls for inclusive, socially-conscious innovation

Business, computer
Science, technology and innovation must, at its core, be grounded in public good purposes. Going forward, the government department in charge of science and innovation will place emphasis on working with other government departments to enhance public sector innovation for societal benefit. This is the word from Dr Phil Mjwara, director-general at the Department of Science and Innovation (DSI), speaking on the occasion of the launch of the 2019 South African Science, Technology and Innovation (STI) indicators report. The DSI, formerly the Department of Science and Technology, through its entity the National Advisory Council on Innovation (NACI), released the findings of the 2019 STI indicators report, which highlights critical aspects of SA’s innovation balance sheet. Referencing a tool called the municipal innovation maturity index, Mjwara says the decision-support tool is…
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