CAN DIGITAL HELP
TRANSFORM SOCIETIES?
While business leaders are aware of the
rapid change that is bearing down upon
them, few are ready. A recent Accenture
survey indicates that 93 percent of CEOs
expect technology to rapidly change their
industry but only 20 percent feel well
prepared.
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Globally, there are numerous barriers
standing in the way of digitalisation. These
include outdated and complex regulatory
frameworks, gaps in digital infrastructure
and a lack of skills in "the new".
These barriers, and more, are prevalent in
South Africa.
Digital transformation can help address
several macro-economic, societal and
technological challenges in South Africa.
These include low economic growth,
growing unemployment and dwindling
competitiveness.
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