ERP in Cloud and Big Data to Create $1,1 Billion in New Revenue Streams in the South African Technology Market

18 May 2018


LONDON, May 17, 2018 /PRNewswire/ -- Frost & Sullivan's latest analysis, South African ICT Outlook 2018, finds emerging technologies such as augmented reality (AR), virtual reality (VR), Fintech, and the adoption of Internet of Things (IoT) and artificial intelligence (AI) are disrupting the ICT industry in South Africa. As a result, telecommunications providers will use innovation as the springboard to offer mobile application-based services such as mCommerce, mAgriculture, connected services, mLearning, mHealth, and ride-hailing, in addition to end-to-end IoT, cloud, and digital entertainment services.

Frost & Sullivan is expecting enterprise resource planning (ERP) in cloud, flash storage cloud-based mobile applications, non-core outsourcing, business intelligence, and data analytics to create about $1,140 million in new revenue opportunities for ICT participants by the end of this year. Frost & Sullivan's analysis offers our experts' top predictions for South Africa's ICT market in 2018, along with key technologies, business models, revenues by market, and leading companies to watch.

Trends and growth opportunities in industry sectors such as telecommunications, broadcasting, data centre, cloud, IT, BPM, IoT and AI, plus emerging technologies such as augmented reality, virtual reality, and Fintech, are also provided. Read the full article on PRNews here.