“ As much as IoT is growing and blowing up overseas and in Europe , we have to manage that with a level of caution in South Africa ”
— Ashley Singh , Head of IT at Old Mutual Insure
393 to the Internet of Things , as much as it ’ s growing and blowing up overseas and in Europe , we have to manage that with a level of caution in South Africa . The reason being is that the cost of data is quite high . As much as the Internet of Things can enable many new offerings that take the business forward , we have to find suitability for people in South Africa and the African continent because of the cost of data and the fact that we still have an environment where there is limited signal . There are portions of the country that do not have data coverage . That is a big consideration .” This challenge consequentially impacts the immediate viability of introducing artificial intelligence and machine learning software that rely on a strong data backbone to operate effectively . Old Mutual Insure is nonetheless working to find a solution to this challenge , leveraging the streamlining
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