Labor intensity in developing economies, makes agile working and automation viable alternatives. This creates huge market opportunities for software development businesses. To successfully tap into the market potential in this sector, certain barriers need to be done away with. The private sector cannot do it alone, there is need for sound and supportive policy from the governments, private sector, and other relevant stakeholders to develop the sector. In order words, respective governments can develop and commit to effective strategies that support the development of software industry in their economies. According to the United Nation’s Conference on Trade and Development (UNCTAD) report, the potential for software development in developing countries is still untapped. Michael John Norman, whilst looking into Software Industry of South Africa, projected that the demand for software to deliver the required applications for education, health, goods, services, and e-government will increase in the country. South Africa’s software development is not entirely different from its neighbors and could even be said to be one of the bests considering the relatively advanced development in the country than most other African countries. Therefore, there is huge untapped software development market potential in developing economies of Africa and Asia. No doubt, continuous investments in software development by developing economies would enable them to continuously bridge the digital divide; upskill their labor force and create massive employment for their human capital. To develop the software industry, there must be close collaboration between the various key stakeholders from academia, through industry to governments. Nevertheless, there are challenges to overcome. Amongst these challenges affecting the growth and development of the sector, this article discusses the very few key ones.
I am starting this blog with a very controversial paragraph However i due to research and current events in the world the some China stocks are very good buys at the moment. Now i know they are to "blame" for the current situation of the world but due to this Trump has ordered the federal pension fund to remove its plan to invest several billion dollars into Chinese stocks. Now this alone isn't enough to crash their stocks however this action will definitely cause some uncertainty.
The proper choice of a social media manager will provide you with greater assertiveness and practicality in your day to day work.
When was the last time you didn’t check the reviews of what you were going to do whether it was going to dine, shopping, sign for educational programs?
A lot of people stepped up in this tragic pandemic. We as a country have demonstrated our ability to care for one another, to support the most vulnerable, and to fight for those in need. Those people are extraordinary. Doctors, nurses, staff of healthcare centers, grocery store and big box store workers, unemployment office employees...the list continues. The essential workers who risked their lives for us are amazing and we are forever in their debt.
Vice President and Chief Evangelist of SAP, Shailendra Kumar joined us on the show to talk about Industry 4.0. We had a conversation about how prepared the world is for Industry 4.0 and how businesses of the future will leverage AI and automation.