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Gauteng poised to lead in South Africa's 4th Industrial Revolution

Category Commercial News

South Africa needs to reimagine human life and what it means to be human in the 21st Century - Professor Adam Habib, Vice-Chancellor and Principal of Wits University.

Much has been written and spoken about South Africa's Fourth Industrial Revolution since its summit was held in the first week of July. Titled, The Fourth Industrial Revolution (4IR) Digital Economy Summit 2019, it got underway in Midrand, Johannesburg, and was attended by technology companies, executives, and government officials including the likes of President Cyril Ramaphosa and Gauteng Premier, David Makhura.

Important findings emerged from the summit regarding the country's digital revolution and the imperative role Gauteng is expected to play in the economy as we move towards a more advanced society. Ultimately, 4IR aims to galvanise South Africans into focusing on new technologies to enhance economic transformation, grow the economy and create more jobs. 

Let's unpack this further...

South Africa's 4IR is a partnership between public and private sectors, academia and civil society who are working towards creating an inclusive and coherent society with skills in: 

    - Data science
    - Analytics 
    - Additives manufacturing 
    - Artificial intelligence 
    - Robotics 
    - Quantum technologies

Members include Wits University, Telkom, Deloitte, Huawei, Vodacom and the Department of Communications and Digital Technologies.

One of the ways the government is hoping to achieve the goals set out is at a grass-roots level where subjects such as coding and data analytics will be introduced to primary schools. According to the President, by 2030, the government aims to train one million young people in data science and related skills, and in this way, they will have important skills to secure jobs in the future. 

Speaking at the event, David Makhura, had the following to say about Gauteng's role:

"Our dream is that Gauteng should be a hub of Fourth Industrial Revolution skills and a centre of excellence for digital economy breakthroughs such as Artificial Intelligence, cryptocurrency, and big data."

On the road to achieving this, the province will start by undertaking a R60 billion infrastructure upgrade to improve access to water, sanitation, electricity, roads, complete renewal projects and implement maintenance programmes to a range of public buildings, including schools and hospitals.

Gauteng is the first province in the country to implement an e-government platform and has already proved its determined to push the agenda of a more advanced society through the Tshepo One Million Programme (providing skills in data science, digital content, 3D printing, cybersecurity, drone piloting, software development and cloud computing to young people) and expanding the province's nine Ekasi Labs to provide young people living in townships with high speed broadband to grow their skills in digital trades. 

With Gauteng poised to lead the way, businesses, both commercial and industrial, will transform at rapid rates as new technologies open up new industries. And with the Fourth Industrial Revolution prompting a more digital economy, we can expect to see traditional businesses adopting more efficient and smarter processes that are in line with the changing technological landscape. Adding to this, massive upgrades to infrastructure will create an enhanced environment for businesses to operate.

Establishing or expanding a commercial or industrial business in Gauteng will place owners at a unique advantage as the province takes its place as the leader towards a new economy. For those looking to enter this market, speak to our helpful agents from 3CUBE Property Solutions who will guide you in finding your ideal property for your new or growing business.

Author: 3CUBE Property Solutions

Submitted 22 Jul 19 / Views 244

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