What technology is helping to transform your industry and how?
“Omnichannel payments technology is a significant advancement in the payments sector and provides enormous benefits to businesses. It combines multiple forms of payments, such as mobile money, cards, QR codes and bank transfers and allows consumers and businesses anywhere on the continent to make and receive payments from Africa and worldwide. The DPO system is capable of processing thousands of payments per minute and combines dynamic currency conversion with state-ofthe-art fraud and risk features. This advanced technology virtually allows an unlimited number of consumers to pay online and offline seamlessly.”
“Technology is an ever evolving and developing field within the production environment. Although the core processes remain the same, the influence technology through the supply chain is leading to better efficiencies. This is what makes a commodity business like Southern Oil profitable.
The data management and information technology is also a key factor in understanding what we do and don’t do, and how to improve. Identifying problem areas, or areas where we can bring new innovation, blue sky thinking or incremental ideas, also gives us a clearer understanding of who our customers are and what they need.”
“I remember seeing an article where Mr Anthony Miller, the Co-Founder of South African startup Simply which designs and sells simple life insurance products, said he believed insurtech will leapfrog traditional insurance in the same way mobile has leapfrogged fixed-line, and mobile payments have leapfrogged traditional banking. I personally agree totally with his remarks and am glad to add that Guardrisk’s business model perfectly suits and supports insurtech principles, in the sense that our cells have the possibility of using external service providers, pricing their products, selling their products, administering claims payments and premium collections, and more. In fact, Guardrisk embraced this concept a long time ago and has been successfully operating in this field.”
“As you know, we are just at the start of the IoT revolution. Hitachi Construction Machinery is fortunate to have the parent company of Hitachi Limited, which is one of the global leaders in innovation. This allows us to provide the customer with innovative safety and production technology. Some examples are our aerial angle object detection systems, trolley line guidance systems and ConSite for mining. Our autonomous haulage solutions are making great leaps and we recently made an announcement on how Hitachi intends to change the stereotype of autonomous haulage by making our system an open operating ecosystem.”