Advances in technology and changing trade patterns are affecting opportunities for export-led manufacturing.
By JAMES RATEMO
Technology and globalization are changing how manufacturing contributes to development, and the sector should be braced for massive disruption, a World Bank Group report indicates.
The report, Trouble in the Making? The Future of Manufacturing-Led Development indicates that changing technologies and shifting globalization patterns are destined to reshape manufacturing-led development strategies, and we will need to embrace this change rather than fear it. Read More
An automated workforce has a large number of benefits over human capital: the investment of a single robotic worker can replace 3 to 4 human workers carrying out their duties at the same speed.
Prof. Richard Miller
Ever since the birth of modern manufacturing in the textile industry in Northern England, new and cutting edge trends to create and grow businesses have always played leading roles in successful business decision-making. It was trends in technology that pushed forward the coal industry, transforming manufacturing and keeping everything intertwined. Profits are often garnered through differentiation of costs, and those with the technological advantage can gain market share through finding ways to lower costs.
Technology has made manufacturing better full post Read More
(1041 words, 1 image, estimated 4:10 mins reading time)
In building and construction, the tide of change driven by innovation has been slowly permeating the fastest growing industry in the country.
By KEN MACHARIA
While most major sectors of the economy have experienced significant disruption occasioned by technology and new platforms, the construction and real estate sector has been slow to adapt to new innovative technologies, not just in Kenya, but globally. Read More
Cyber security predictions make it important for organisations to stay one step ahead of cybercriminals’ exploits. Here are crucial key security predictions for 2017.
By RICK ROGERS
Prediction is very difficult, especially if it’s about the future,” as Nils Bohr, the Nobel laureate physicist put it. But as we begin 2017, it is useful to look forward and try to anticipate the cyber security trends that lie ahead; and reflect on what has happened over the past year, to see how accurate previous predictions were. Check Point Software Technologies predicted the following security threats in 2016:
Computer security threats to look out for full post Read More
(984 words, 1 image, estimated 3:56 mins reading time)
Cloud service brokerage business model is still nascent and may take a little more time to mature, especially in the developing economies where adoption of cloud services itself is yet to catch cachet.
By JOHN OREDO
Most of the critical issues organisations are grappling with today can be traced to the disruptions spawned by digital technologies and how companies can align to the digital futures. No sector is immune to the effects of digital transformation.
Of cloud computing and digital transformation full post Read More
(1068 words, 1 image, estimated 4:16 mins reading time)
JOHN OREDO delves into the various ways organisations can make use of big data in their possession and derive value from it.
Make value from THE BIG DATA full post Read More
(1067 words, 1 image, estimated 4:16 mins reading time)
Organisations’ IT departments should ensure users use authorised devices to access company systems.
By MERCY NJUE
Company information systems contain confidential information that could include trade secrets, financial information, employee information, forecasts and competitive analysis within the industry. The bigger the organisation, the higher the security risk. Large organisations contain information stored in multiple databases for the respective units, departments and branches. Information is processed, accessed and stored at different levels of the organisation and at different departments. Each system has a password and rights allocation matrixes, that is, individually assigned with read and/or write rights.
Password pitfalls to avoid full post Read More
(606 words, 1 image, estimated 2:25 mins reading time)
Trends can be identified through various data sources such as medical history, lifestyle choices, demographics and even driving habits to ensure a correct pricing structure.
By FRANCOIS VAN DYK
Every now and then, a new buzzword pops up which remains fashionable for a while but then disappears again. “Big data” does not appear to be one of these terms. Many executives, entrepreneurs and marketers have now adopted it as part of their jargon – but the reality is many use the term without knowing the true meaning of it. Wikipedia defines big data as a “broad term for data sets so large or complex that traditional data processing applications are inadequate.”
How to transform insurance through big data full post Read More
(1146 words, 1 image, estimated 4:35 mins reading time)
According to a study by the University of Melbourne, employees that had access to social media got nine per cent more done than those who were blocked.
By KEN MACHARIA
To say the modern workplace has undergone a transformation in the last 10 years will be a gross understatement. Not only has a whole new generation joined the workforce, the tools of the trade and the work culture has gone through a revolution. Employees born between 1980 and 2000 commonly referred as Generation Y or millennials, now make-up to 50 per cent of the workforce in some sectors and are projected to hit 75 per cent by 2025.
Blocking social media at work? Think again! full post Read More
(796 words, 1 image, estimated 3:11 mins reading time)
Ongoing innovations paint a clear picture of what to expect
By KEN MACHARIA
It’s no longer business as usual as the world becomes more connected via the Internet. Social media, apps, digital media and connected devices make the world a global village, in the process altering life as we know it. Since Microsoft became synonymous with computing in the 90’s, we have progressively seen tech companies rise to the top of the ‘most valuable’ companies in the world. For example, six of the 10 world’s most valuable brands are tech companies, according to the Forbes 2015 ranking. Thanks to bold, often lean and innovative start-ups, the business world is now experiencing disruption, which can only be compared to the industrial revolution. Old business models are being challenged, traditional channels are turning obsolete and service delivery is redefined. We look at five tech companies disrupting conventional business across the world, including Kenya.
Tech firms disrupt world economies full post Read More
(900 words, 1 image, estimated 3:36 mins reading time)