Bytes Universal Systems, Teradata call for exploration of big data opportunities to boost business growth

Johannesburg, 03 Mar 2015
Read time 2min 40sec

Bytes Universal Systems (BUS), together with its international partner, Teradata, has made a call to corporate South Africa to realise the power of big data and put in place strategies to ensure data-driven decision-making in order to propel business growth. The call was made at the Teradata Innovation Forum, co-hosted by Bytes Technology Group.

According to Hermann Woestefeld, PS Manager at Teradata, big data has become a misconstrued buzzword, like cloud computing, and this undermines its true value. Rather than being regarded as merely large, unstructured data sets, big data ought to be a strategic imperative employed by businesses to predict consumer or business trends, and then set commercial targets around those trends.

Woestefeld made a call to large businesses to recognise the value of generating and implementing plans to collect, store, and analyse data and to recognise it as a key tactic to maintain their market advantage by anticipating customer expectations and conducting competitive analysis.

Woestefeld presented the concept of the "Logical Data Warehouse", a pooled, centralised data platform that delivers strategic and operational analytics to the business. He added that the common barriers to implementation in large businesses are more cultural and organisational in nature, as many less technically-minded executives required that the potential value of big data be articulated to them before embarking on the employment of the platform.

"The goal is to understand big data better and employ it more effectively," Woestefeld said.

With certain preventative barriers such as computing and bandwidth costs rapidly decreasing, companies ought to re-evaluate their traditional business model and see big data as part of a long-term information strategy, and ensure that the aggregation of customer or supplier data is integrated to inform future decision-making.

Keynote speaker at the forum, renowned scenario planner Clem Sunter, highlighted cyber terrorism and cyber crime as key "flags" in the way organisations and countries assess their current and future positions. Sunter cited the recent example of how Russian thieves were able to extract £650 million from British banks through simple malware applications. This was not a "sudden heist", said Sunter, but a gradual, stealth process of siphoning money out of the banks. He argued that organisations have to take cyber threats seriously, and emphasised the business imperative of data protection in a digital society.

As Africa's largest locally-owned ICT service provider, Bytes Technology Group is able to bring international data warehouse best practices to the South African market, and through a solid understanding of its customers' core business, is able to help them make better business decisions.

Teradata, founded in 1979, brought the concept of big data into the consciousness of business in the 1980s, and has since become a market leader in the storage and protection of data through its flagship Data Warehouse System product.

Bytes Universal Systems (BUS)

Bytes Universal Systems, a division of the Bytes Technology Group, designs, develops and implements specialised solutions. With over 480 highly skilled and experienced delivery managers, subject matter experts, architects, business analysts, project managers and programmers, BUS provides a portfolio of services, software and solutions directed at solving business-critical customer problems. BUS provides insights to enable innovative solutions that add value to its customers in their respective sectors.

Bytes Technology Group

Bytes Technology Group (Bytes), a principal subsidiary of JSE-listed Altron and part of Altron TMT, is a federation of leading IT companies. It operates in South Africa with operations in several other African countries, the United Kingdom and the Middle East. Sustainable and constant growth through strategic acquisitions has enabled the group to provide unlimited solutions to customers and become a leader in the IT field. It has a multitude of products and solutions, technical skills and specialised services that support enterprise-wide IT infrastructure and telecommunications in a wide range of industries.

Altron TMT

Altron TMT, incorporating the Altech and Bytes Technology Group businesses, is a high-technology telecommunications, multimedia and IT (TMT) solutions group focused on providing value-added products, services and solutions through the convergence of TMT, driven by market demand.

With an annual turnover in excess of R19.5 billion and with more than 8 000 employees in more than 20 countries, Altron TMT is the largest, privately-owned converged solutions provider on the African ontinent. The group has ongoing access to the latest technologies worldwide, while its own research and development programme actively encourages and promotes internal technology implementation.

Editorial contacts
Bytes Technology Group Chris Van Zyl (+27) 11 715 9037
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