Tag: Services

How Tech Will Drive New Job Opportunities in South Africa

How Tech Will Drive New Job Opportunities in South Africa

Digital Transformation There is no doubt that the pandemic has accelerated most digitalisation trends, compressing what was expected to take years into months.

And this has been applauded by the technology industry and business alike, with, for instance, even the most cloud-skeptical CEO appreciating technology’s ability to ensure business continuity as we rapidly shifted to a distributed workplace.

But, when counterpointed with South Africa’s latest unemployment figures and sluggish GDP, it is not unexpected for people to have concerns over the impact of digitalisation on job availability.According to Statistics South Africa, unemployment rates in the first quarter of 2021 were at […]

Jobs in the US at securest levels in 20 years despite automation fears

Jobs in the US at securest levels in 20 years despite automation fears

Contrary to the prevailing narrative that job insecurity is on the rise due to new “industry 4.0” technologies, jobs across the U.S. economy are more secure now than at any point in the past two decades, according to a new report from the Information Technology and Innovation Foundation (ITIF), the think tank for science and technology policy.

U.S. workers now have a 5.8% chance of losing their jobs in any given quarter, down from a 7.3% chance in 1995. Instead of trying to slow down the pace of technological change based on unfounded fears, ITIF argues policymakers should embrace […]

Are Employees Still Most Vital Assets in Workspace?

Are Employees Still Most Vital Assets in Workspace?

A new economy, a digital one fueled by technological innovation, is emerging and the COVID-19 pandemic has only accelerated this technological transformation, bringing about changes in work, skill requirements, work tools and work relationships.

There were concerns preceding the pandemic about the continuity of certain jobs, which have deepened as a result of the COVID-19 pandemic.

These changes raise essential questions about job security. According to the World Economic Forum Jobs Report 2020, the rise of machines and automation will eliminate an estimated 85 million jobs by 2025. In its report, the World Economic Forum pointed out that automation, in tandem […]

Automation May Pose A Threat To A Developing Country Like India

Automation May Pose A Threat To A Developing Country Like India

The threats posed by automation in developing countries like India

Market volatility and rising protectionism in countries like the USA, where much of India’s IT outsourcing work comes from, saw Cognizant’s revenue grow at its slowest pace in two decades last year, and its peers in the Indian IT industry are in the same boat. Since the 1990s Indian firms have carried out back-office tasks, and IT services like data entry, running call centers, and testing software for foreign companies at cut-price rates by throwing cheap labor at them. But as machines become adept at this repetitive, rule-based work, […]

The future of accounting: co-habitation with bots

The future of accounting: co-habitation with bots

The new breed of techno-colleague is here to stay. We can avoid them at our peril, or we can form a mutually beneficial working relationship.

"Humans need not apply." Imagine reading those words on a job-seeker website portal. The smart technology era introduced us to computer systems that can be programmed to do the tasks that most human workers do daily.

Computers can see (computer vision), they can speak and hear (natural language processing), they can execute tasks (robotic process automation) and they can think and learn (machine learning). One might wonder what is left for human workers to do […]

The future of accounting: co-habitation with bots

The future of accounting: co-habitation with bots

The new breed of techno-colleague is here to stay. We can avoid them at our peril, or we can form a mutually beneficial working relationship.

"Humans need not apply." Imagine reading those words on a job-seeker website portal. The smart technology era introduced us to computer systems that can be programmed to do the tasks that most human workers do daily.

Computers can see (computer vision), they can speak and hear (natural language processing), they can execute tasks (robotic process automation) and they can think and learn (machine learning). One might wonder what is left for human workers to do […]

Cheyenne-Laramie County Health Department Offers $100 Incentive to Help Boost COVID-19 Vaccinations

Cheyenne-Laramie County Health Department Offers $100 Incentive to Help Boost COVID-19 Vaccinations

Beginning today, Sept. 13, the first 500 Laramie County residents to be fully vaccinated for COVID-19 will be eligible for a $100 gift card, the Cheyenne-Laramie County Health Department announced.

The vaccine series is completed two weeks after one of the following: two Pfizer vaccinations, two Moderna vaccinations or one Johnson & Johnson vaccination.

"We are excited to offer this funding opportunity to help people who are stepping up to protect themselves and our community," said CLCHD Executive Director Kathy Emmons.In order to receive the incentive, residents must receive their vaccination at a location that participates in the Wyoming Immunization Registry […]

Are Employees still the Most Vital Assets in the Workspace?

Are Employees still the Most Vital Assets in the Workspace?

Coronation Merchant Bank experts analyze how increased adoption of technology by organisations have impacted the role of employees in the present and future work patterns. A new economy, a digital one fueled by technological innovation, is emerging and the COVID-19 pandemic has only accelerated this technological transformation, bringing about changes in work, skill requirements, work tools and work relationships. There were concerns preceding the pandemic about the continuity of certain jobs, which have deepened as a result of the COVID-19 pandemic. These changes raise essential questions about job security. According to the World Economic Forum Jobs Report 2020, the […]

Can Data Integration Replace People?

Donna Peeples is an accomplished senior executive with extensive P&l responsibility and verifiable results, leading customer-focused change initiatives in a variety of industries and known for developing markets, growing startups, and inspiring global change.

Companies have long been stashing privileged information and anything that might end up being useful in the future into data warehouses. Within such companies, specialized departments and functions did the same with their important information, making data silos the natural next progression in digital storage and security. Very quickly, however, people began criticizing and questioning the real benefits of such siloed or disconnected data systems […]

How Weaker Consumer Demand Could Help the U.S. Economy

How Weaker Consumer Demand Could Help the U.S. Economy

As concerns multiply about weak consumer demand, so have projections for a reduction in U.S. economic growth. But a brief pullback in consumer spending could give the U.S. economy just the room it needs to adjust.

To be clear, the root cause of the slowdown — the rise of the delta variant of Covid and an accompanying increase in hospitalizations — is indisputably tragic. Declining government support and greater demand for services relative to goods are also factors in downgraded forecasts.

Over the past few months, the global outlook has taken on a superficial resemblance to one of the most dreaded […]