The Internet of Things (IoT) is evolving rapidly and it’s difficult to say what things may look like in a year or two, much less in the next decade. One of the biggest concerns for organisations is buying what soon becomes functionally or technologically obsolete, but continually deferring to invest in IoT could lead to analysis paralysis.
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South Africa has quite a few very large and very old organisations. They tend to be quite federated, and a cursory glance over their unique histories explains why. Some departments and business units were acquired or merged, some were started as silos and others just evolved along a different vector. Therein lies a problem of companies with long histories: divergence. Customer channels evolve faster than mainframes, payments evolve faster than compliance, and insurance faster than banking.