What does the future of technology look like for South Africa’s SMEs?

▤ Summary

However, WiFi 6 is set to improve the way routers distribute traffic to connected devices and increase the transfer speeds by around 30%. Cloud computing is starting to become a standard part of life for many small businesses in South Africa today. The trend towards cloud adoption is likely to continue as we see the development of technologies, like faster internet speed through fibre, WiFi 6, 5G, and machine learning powering it. Take bank reconciliation, for example, where cloud storage and machine learning will search through documents and expenses on your behalf to compile reports. By sharing their financial data instantly, potential investors have immediate access to a company’s revenue, profits and cashflow – enabling them to make fast, informed decisions.

▦ Linked Companies

Xero

$1B+