Sixty-eight percent of the value at stake will be driven by the adoption of
technologies such as Internet of Things (IoT) and connected devices, artificial
intelligence (AI) and platforms.
Each of these technologies brings new capabilities and adds enormous value but
it is the combined capabilities of these and other technologies that drive true
transformation.
Internet of Things
and connected
devices will enable
cost reduction,
increased
efficiency and new
business models.
Artificial Intelligence
will revolutionise how
work is done, how
customers interact
with businesses, and
how citizens interact
with governments.
Platform ecosystems
will form the foundation
for new business
models and provide
a base for ground-
breaking products and
services.
Figure 2: Value at stake for industry sectors
INTERNET OF
THINGS
ARTIFICIAL
INTELLIGENCE
PLATFORMS
41
Agriculture
15
845 418
452
Financial Services
671 219
183
383
228 Consumer Industries
125
153 60 Metals and Mining
155
Manufacturing
Utilities
178 Oil and Gas
57 Telecoms
34 59
193
Media
1,263
424
411
213
213
182
93
58
TOTAL VALUE AT STAKE (ZAR, billions)
Value to Industry
Value to Society
Digital transformation of nine industry sectors could deliver over R3.6 trillion, the
majority of which (R2.5 trillion) will accrue to industry (Figure 2). Transformation across
the financial services, agriculture and manufacturing sectors presents the highest
potential.
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