TECHNOLOGY

Siemens launches report on ‘Dawn of Digitalization

&NewLine;<p>Siemens in conjunction with Frost &amp&semi; Sullivan&comma; have put&NewLine;together a comprehensive research project outlining the current state of key&NewLine;industries across the continent and identifying challenges and opportunities&period;<br>&NewLine;<br>&NewLine;According to a release by APO Group&comma;&NewLine;made available to OpenLife&comma;the study&comma; named &OpenCurlyQuote;The dawn of&NewLine;digitalization and its impact on Africa’&comma; considers growth predictions and&NewLine;where the adoption of smart technology would be most beneficial in expanding&NewLine;industries to drive sustainable growth&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>For the purpose of this study&comma; focus was placed on four key&NewLine;sectors&colon; Water&comma; Manufacturing&comma; Mining and Minerals&comma; and Food and Beverage&period;<br>&NewLine;<br>&NewLine;Some of the key findings in the report are the adoption of digital&NewLine;technologies&comma; innovation as well as a range of digital customer offerings are&NewLine;expected to remain varied across industries&comma; markets and geographies&period; The&NewLine;extent and impact of digital technologies is also expected to vary&comma; favouring&NewLine;businesses and industries that seek relevance and increasing contribution in&NewLine;international markets in addition to existing domestic markets&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Also&comma; the finding reveals that while advanced analytics and&NewLine;digitalization are witnessing growing adoption across certain industry sectors&comma;&NewLine;such as the automotive sector&comma; there is a real opportunity for adoption of&NewLine;these across industry sectors such as the mining and food &amp&semi; beverage industry&NewLine;which are significant contributors to major African economies&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In manufacturing&comma; while the most mature in its transformation&NewLine;and adoption of digital technologies in Africa&comma; remains a marginal player&NewLine;struggling to make a bigger impact on country GDPs&period; The question governments&NewLine;need to ask themselves is how they align a &OpenCurlyQuote;here-and-now’ emphasis on job&NewLine;creation with the necessary focus on digitalization&period; This will enable Africa to&NewLine;create a niche within the global economy&period; If we fail to pro-actively select our&NewLine;place within the global manufacturing industry&comma; we run the risk of continuing&NewLine;on this path of non-industrialization&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>For &nbsp&semi;water industry&comma;&NewLine;expenditure in water infrastructure has been low when compared to the global&NewLine;average&period; Inadequate investment in infrastructure coupled with poor water&NewLine;utility management has resulted in a greater need for development of the water&NewLine;sector&period;<br>&NewLine;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The mining industry which has been witnessing subdued&NewLine;investment&comma; rising cost pressures and increasing labour issues&comma; a combination&NewLine;of mechanization&comma; efficient extraction of resources and better use of data can&NewLine;make it easier for mine operators to cut costs and create a leaner and more&NewLine;efficient mining operation&period; As such&comma; the successful incorporation of technology&NewLine;will be possible through collaborative efforts of technology providers&comma;&NewLine;industry&comma; research institutes and organizations that work for uplifting the&NewLine;mining industry&period;<br>&NewLine;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>A stable supply of electricity is critical for digitalization to&NewLine;flourish&period; By providing high levels of infrastructure and power supply&comma; Africa&NewLine;will be able to attract the necessary investment across various industry&NewLine;sectors&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The urban population in Africa is expected to grow to 56&percnt; in&NewLine;2050&comma; from 35&percnt; in 2010&period; This rapid urbanization will require robust infrastructure&NewLine;to ensure these expanding cities are hubs of growth and commerce&comma; and not still&NewLine;trying to catch up with basic necessities&period;<br>&NewLine;<br>&NewLine;According to Ralf Leinen&comma; Senior Vice President Digital Industries for Southern&NewLine;and Eastern Africa&comma; &OpenCurlyDoubleQuote;For the first time in history we have an incredible&NewLine;opportunity to use smart technology to transform entire economies at an&NewLine;unprecedented rate&period; Africa needs to get efficient strategies in place now in&NewLine;order to succeed&period;”<br>&NewLine;<br>&NewLine;In the wake of changing business dynamics&comma; rapidly evolving technology and&NewLine;increasing competition&comma; collaborative efforts between governments&comma; industry&comma;&NewLine;businesses &lpar;local and international&rpar;&comma; labour and academia is vital for creating&NewLine;an environment that is conducive to developing sustainability of local businesses&comma;&NewLine;encourages technology upskilling&comma; innovation&comma; knowledge sharing&nbsp&semi; and&NewLine;execution&period;&nbsp&semi;&nbsp&semi;<br>&NewLine;<br>&NewLine;The findings from the study are just a starting point&period; Siemens hopes it will&NewLine;begin a dialogue and provide a framework to some of the unique opportunities&NewLine;that exist&period;<&sol;p>&NewLine;

Openlife Reporter

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