Page 9 - Issue 4 2023
P. 9

SOFTWARE, DATA AND SERVICES


                   From infancy to adolescence:


                        A look at the progression of



                                digital Transformation





          It’s been just over ten years since digital transformation became an integral part of the business
           environment, writes Rebatho Madiba, Business Development Digital Platform Solutions at BCX,
                                   but as it grows older, is it meeting expectations?




          n 2015, the World Economic Foundation identified six megatrends that were set to
          change the face of business and society and every single one was aligned with the
       Iconcept of digital transformation. From how the internet would become a social and
        physical extension of people’s lives and experiences through to compute and storage
        everywhere to the Internet of Things (IoT), artificial intelligence (AI) and the digitisation
        of matter, these trends are now an inherent part of society today.
           Some of these trends have already reached significant milestones, others are
        expected to achieve their tipping points – a critical point that results in unstoppable
        change – over the next few years. One such milestone is the mega-trend of people
        and the internet, where their interaction with the web becomes a ‘mental, social, and
        physical extension of themselves’, is expected to reach 80% of people with a digital
        presence on the internet by 2023, with the tipping point in 2025. Today, 59% of the
        world’s population uses social media and enhance their digital presence through online
        platforms and connections, and this is only set to become more immersive as trends
        like the metaverse continue to gain traction.                             Rebatho Madiba
           Driven by the pandemic and the need for people to find innovative ways of
        working and connecting online, digital has become as much a part of daily life as cars
        and shopping. It has reshaped how people communicate and collaborate and it has   collaborate with service providers
        supercharged productivity and performance. In the 1980s, communication was in   which offer a wide spectrum of cloud
        person or by post. Today it’s faster than a thought. Organisations can’t afford to be   and computing solutions that can
        left behind, which makes 2023 an opportunity to focus on platforms and technologies   directly address their challenges
        that empower people from anywhere and that ensure their online presence is always   and help them overcome obstacles
        on. This is where solutions that provide access, data networks, wireless and unified   impacting on their scale and
        collaboration capabilities are key as they enable industry and fulfil online requirements   productivity. This is particularly true
        through omnichannel applications.                                         of the challenge of data sovereignty
           Another megatrend, one that’s now so commonplace in boardroom discussions   that has inhibited many companies,
        that it’s hard to imagine a business without it, is that of compute, communications and   especially in Africa.
        storage everywhere. The tipping point for this technology is anticipated to be in 2025   IoT has, of course, been a part of
        with, as cited by Statista, just over five billion people on the internet as of April 2022.   the IT landscape for a long time but
        This highly connected population has seen the radical and accelerated transformation   has only recently started to deliver
        of online experiences which has, in turn, driven the need for scalable and elastic   on the promises it made when it
        computing power that can be accessible from anywhere, and which can deliver on   first entered the business landscape.
        demand.                                                                   Today, the number of IoT connected
           Moving forward, applications and services will only get hungrier for data and   devices worldwide is expected to
        capability. Industry 4.0 and Industry 5.0 technologies and innovations will have to be   reach 29 billion by 2030, says Statista,
        rendered from highly reliable and flexible platforms, and quantum compute is very   and is at 13 billion as of 2022 and,
        likely to bring physics into computer science to create devices and environments that   according to the IoT Industry Council
        are minute – that optimise space and capacity. Moving forward, companies need to   of South Africa, IoT is expected to


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