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Internet of Things touted at Innovations Dinner

Posted on 14 January 2016 by Paulo de Matos

paulo_internet_of_things_touted.jpgWe recently attended the IT News Africa Innovation Dinner in Sandton, sponsored by Business Connexion and Telkom, which underlined the urgent need for businesses to adopt the Internet of Things.

IT leaders addressed a range of topics including the theme “Internet of Things: Real World Applications.” Each presentation by CIOs underlined how the Internet of Things (IoT) is an enabler of market disruption, like Uber to the traditional taxi industry and Amazon to the retail business.

IoT is not just another industry buzzword - it is here to stay and businesses need to harness it and embrace it.

The Innovation Dinner addressed the many opportunities presented by the evolution of IoT and the challenges ecosystem players needed to prepare for in order to maximise the benefits promised by the Internet of Things. Echoing the sentiments of Apple founder, Steve Jobs, speakers concluded that businesses who do not disrupt themselves by becoming digitized risk being passed over and crowded out of their own traditional market strongholds.

Tony De Sousa, Managing Executive, Solutions Business Telkom, and Matthew Blewett, Chief Investment Officer, Business Connexion, discussed the real world applications of the Internet of Things and how to overcome barriers to IoT adoption in the enterprise. They expressed enthusiasm for the great business benefits of harnessing the power of the Internet of Things while also being honest about the IT challenges for CIOs to restructure their processes to take full advantage of the IoT.

Valter Adao, Lead Director and Innovation Leader, Deloitte Digital, made a very key comment that organizations need to understand, and embrace the emerging exponential and disruptive technologies they face, helping them move beyond potential disruption towards creating new opportunities for relevance, growth and expansion.

Here at SYSPRO we are also beginning to harness the IoT and analytics to better service our customers and help optimize their businesses. We are using machine learning and business intelligence to mine the gold in our data-loaded society and use customer behavior patterns and trends to predict future behavior. This includes how we can use historical data to optimize inventory and storage and boost profit margins.

We are embracing the IoT for the benefit of all our customers. Watch as our IoT for ERP adoption journey continues into 2016.

 

Topics: Technology (or Enterprise Technology), ERP and Analytics


Paulo de Matos

Paulo worked in the ERP space for the last 23 years. Originally as a technical developer and in a business development role since 1997. Over the last 13 years he has accumulated vast international industry knowledge and experience having worked on 4 continents. Currently, Paulo the Chief Product Officer for SYSPRO.

Core to his functions, is the development and on-going growth of SYSPRO in the ERP marketplace. This is done via the systematic customer-centric focus on delivering and extraction of value ensuring SYSPRO’s customers have an competitive advantage in their respective industries. In his spare time, Paulo whittles the hours away on lazy Sundays with a fishing rod in hand, hoping for the next big catch.

 

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