">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Saturday, January 23, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Tech

Systems of Things: The building blocks for the next internet revolution

Brian Wafula by Brian Wafula
7 years ago
in Tech
7 min read
0

internet-things-mitigating-risk-showcase_image-10-p-1647By Pfungwa Serima, CEO of SAP Africa

The promise of the connected world we live in is an alluring one. Someday, we will be healthier because our doctors will have access to all the data they need about our health. Our vehicles and appliances will monitor themselves and will let us know when it is time to service them. We will never have to make a decision without the data we need to make smart decisions.

Thanks to the so-called Internet of Things, that day is coming sooner than you think. We all know there are more connected devices then people in the world today. By 2020, it is estimated there will be 50 billion connected devices globally. However, businesses and society will not benefit from connected devices if there are no systems in place to gather, analyse and gain insights from the massive volumes of data generated by these connected devices.

Let’s take a step back here. We spent last half of the 20th Century building what Geoffrey Moore calls Systems of Record – the structured transactional data that is the core of every business. These Systems of Record capture every dimension of our lives, be it financial transactions, human resources, order processing, inventory management, customer relationship management, supply chain management, product lifecycle management or more. These Systems of Record have paved the way for enormous economic expansion over the last 50 years.

With the explosion of the Internet in the last few years, Enterprise IT saw a shift towards Systems of Engagement, encompassing the edge of the business, leveraging social networks, and processing loosely structured data that is constantly changing. This shift towards Systems of Engagement resulted in more agile business processes, seizing new business opportunities at the edge of the business.

READ  New Cab Hailing Firm Tappago Set to Launch in Nigeria, Kenya & Uganda

These systems depend on gathering and analysing large volumes of data from various sources in real-time to generate actionable insights for fast decision-making. For instance, a clothing retailer can now offer highly personalised real-time discount offers to online shoppers after analysing their shopping behavior, social media sentiment, likes and dislikes.

Today, we are witnessing another massive revolution where enterprises will need to build Systems of Things in parallel to Systems of Engagement to harness the Internet of Things. As the previously dumb devices on the edge become intelligent and get connected, Systems of Things will be needed to source, capture, analyse, predict and act on the data in real time.

Related posts

Top 5 Skills That Modern Software Developers Need to Have

January 22, 2021
0

What Software Developers Need to Know About Burnout

January 22, 2021
0

54gene launches a genome sequencing lab to track infectious and non-communicable diseases prevalent in Nigeria

January 22, 2021
0

Google’s Project Loon, solar-powered internet balloons discontinued

January 22, 2021
0

A recent report by Morgan Stanley predicts that the Internet of Things could be an opportunity for several large industries, driving potential changes in business models and significant cost savings.

What does this mean for us in Africa? I believe it’s a great opportunity for us not only to create entire new business models for companies, moving the value proposition from products to services, but to use technology to make a real impact at socio-economic level.

In the utility sector, Africa’s utility companies need to meet the growing demands of urbanising populations and booming industrial sectors. IoT can help with smart metering and distribution, to be able to accurately measure and predict demand and generation. In agriculture, we could be using IoT technologies to improve yields. In healthcare, there’s a real opportunity to use IoT to use our human capital more effectively, and deliver better services. In the capital goods sector, we could be streamlining industrial processes and helping marginal mining operations do more with less.

READ  Tips for starting a career in cyber security

What do African companies need to do to take advantage of this? For the Internet of Things, and billions of connected devices, to become useful, we need Systems of Things – and luckily, the foundational blocks of this are the same as those of Systems of Engagement and Systems of Records: big data, fast data, predictive analytics, cloud, and mobile. If African companies get these building blocks right, and are able to embed their Internet of Things applications directly into their existing business processes, they will be able to chart their own destiny.

Readers 1,119

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Brian Wafula

Brian Wafula

Related Posts

Tech

Top 5 Skills That Modern Software Developers Need to Have

January 22, 2021
0
Tech

What Software Developers Need to Know About Burnout

January 22, 2021
0
Health

54gene launches a genome sequencing lab to track infectious and non-communicable diseases prevalent in Nigeria

January 22, 2021
0
Tech

Google’s Project Loon, solar-powered internet balloons discontinued

January 22, 2021
0
kplc
Tech

Kenya Power Rolls Out A Smart Metering Project Across The Country

January 21, 2021
0
123movies
Tech

4 Best Free Movie Streaming Sites In Kenya

January 21, 2021
0
Tech

Sophos Named Common Vulnerability and Exposure Numbering Authority 

January 20, 2021
0
Hacks & Facts

Your Ultimate SEO Audit Checklist for 2021

January 20, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Top 5 Skills That Modern Software Developers Need to Have

January 22, 2021

Why Bernie Sanders Is A Trending Meme

January 22, 2021

What Software Developers Need to Know About Burnout

January 22, 2021

Which Tech Companies Are Employee Owned and Why?

January 22, 2021

Free money transfer service Taptap Send launches its services to Kenya

January 22, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: