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Small to Medium Enterprises

What SMEs Should Know About Ransomware

Image sourced from Feed Navigator. Ransomware attacks are on the rise and malicious cybercriminals are always fine-tuning their strategies. Business leaders need to realise that their tactics include disrupting critical business operations across all industry verticals and businesses of all sizes, including small to midsize enterprises (SMEs). With most of the recent headline-making ransomware attacks against larger organisations who are likely to be more financially capable of meeting exceeding large ransom demands, the findings around the targeting of smaller businesses with fewer resources raise the question as to why ransomware operators are going after SMEs in the first place. The frequency and severity of successful ransomware attacks have a tremendous impact on victim organisations ...

How SMEs Can Take Advantage of Intelligent Automation and Why They Should

Image sourced from CXOToday. In the past, most business experts believed that there were simply too many situations, variables, and possibilities for companies to manage to effectively be able to automate their front-office processes and procedures. This was especially true for those processes and procedures that relied on human workers making decisions. Even when technology started to catch up, many still considered it the domain of large companies, which could afford both the technology and development resources. This is no longer the case. What is Intelligent Automation? We have now seen the introduction of Intelligent Automation (IA), which combines artificial intelligence, machine learning, and process automation. Companies can use IA to create smart business processes that can think,...

Standard Bank Partners with Microsoft to Boost Innovation and Drive Growth in Africa

Image sourced from Regent Lighting. /* custom css */ .tdi_4_3c0.td-a-rec-img{ text-align: left; }.tdi_4_3c0.td-a-rec-img img{ margin: 0 auto 0 0; } Yesterday, Standard Bank and Microsoft announced a strategic partnership to accelerate the digital transformation of Africa’s largest financial institution and further drive the continent’s growth. The Bank’s growing investment in the Microsoft Cloud will enable the innovation, efficiencies, and resilience required to respond to market dynamics and customer needs. This partnership builds on the 30-year relationship between the two companies and involves migrating workloads, applications, and platforms to Microsoft Azure to drive organisational efficiencies, as well as workforce collaboration with Azure, PowerApps, Workplace Analytics and Micros...

9 out of 10 Kenyan SMEs Use M-Pesa for Payments, via New Survey

Image sourced from WeeTracker /* custom css */ .tdi_4_9b7.td-a-rec-img{ text-align: left; }.tdi_4_9b7.td-a-rec-img img{ margin: 0 auto 0 0; } A new survey conducted by Amethyst Consultants on SME perceptions of banking products in Kenya showed that up to 95% of SMEs (9 out of 10 companies) in the country use M-Pesa, Vodafone’s mobile money service, according to Business Daily Africa. The survey, commissioned by SNDBX, took place between the months of March and April 2021 and included 131 small to medium enterprises (SMEs) across 17 “key sectors”. “The survey highlighted that SMEs continue to be resilient through the pandemic season and a third [of SMEs] are looking forward to a better future in 2021,” says Amethyst Consultants Founding Director, Sharon Mbugua. /* custom css */ .tdi_3_7f1.t...