Daily Archives: April 3, 2018

YPO Global Pulse Survey: Which Disruptive Technologies Command Attention and Investment of CEOs Globally, Now?

Survey of 10 disruptive technologies highlights those most likely to impact businesses and investments in the next 12 months

DALLAS, April 03, 2018 (GLOBE NEWSWIRE) — YPO, the premier chief executive leadership organization in the world, announced today the results of the March 2018 YPO Global Pulse Survey, revealing that chief executives across the world are focused on core business technologies, such as cloud computing, business intelligence (BI) and cybersecurity, whilst adoption and investment of emerging technologies such as blockchain, artificial intelligence (AI) and cryptocurrency are likely to be sector-driven.

Disruptive Technologies Attracting CEO Attention and Likely Investment Globally:

  • Cloud computing is a key priority for chief executives globally – more than two thirds (68%) of chief executives report that cloud computing is likely to impact their business in the next 12 months, and 62% state that they are likely to invest in cloud-based technologies.
  • Business Intelligence (BI) has the attention of CEOs – 65% of chief executives surveyed expect BI to impact their organizations and more than half (56%) are likely to invest in business intelligence in the coming 12 months.
  • Cybersecurity is a disruptive technology that chief executives have prioritized given the scale and severity of recent high-profile consumer data breaches, 53% of chief executives are expecting cybersecurity to impact their business and 47% state that they are likely to invest in cybersecurity technology in the coming year.

“What I’m hearing from YPO global business leaders right now is that digital transformation remains at the very top of their priorities in 2018. Several disruptive technologies are expected to garner widespread attention and investment this year, such as cloud computing, cybersecurity, business intelligence and mobile payment applications,” said Scott Mordell, CEO of YPO. “YPO members are embracing technology to address regulatory requirements, harness business data for improved efficiency and increased financial performance, and to match consumer demand for new and innovative ways to interact with their businesses.”

Despite Expected Disruption, CEOs Less Likely to Invest in These Technologies in the Next Year:

  • Although virtual reality (VR)/Augmented Reality (AR) are widely noted as technologies likely to impact most industries, most CEOs surveyed are not actively investing in those technologies yet. However, within architecture and engineering sectors, 83% of business leaders expect VR to impact their business and 64% plan to invest in it over the next 12 months, as compared to only 23% of all chief executives surveyed willing to invest in these technologies now.
  • Similarly, artificial intelligence (AI) is perceived as likely to impact businesses, but CEOs are less likely to invest in AI this year as cloud computing, business intelligence, cybersecurity and digital/mobile payment applications, which are commanding more immediate attention and likely candidates for investment in the next 12 months.
  • CEOs are least familiar with chatbot technology, followed by blockchain and cryptocurrency among the 10 disruptive technologies surveyed. As a result, they tend to discount the likelihood of disruption to their businesses from these new emerging technologies and show much lower interest in investing in these technologies this year.

Disruptive Technology Investment Driven by Specific Industry Sectors

The levels of familiarity and interest in many disruptive technologies are determined by industry.  For instance, although there has been much media attention and discussion around blockchain and cryptocurrency, most CEOs do not see either of those technologies as particularly likely to impact their businesses, and are not likely to invest in those technologies. However, blockchain has gained the attention and investment of CEOs in the financial services sector.

  • More than half (58%) of chief executives in financial services expect blockchain technology to impact their organization over the next 12 months, and as many as 40% expect to make investments in the technology.
  • The Internet of Things (IoT) is cited as a key technology area by business leaders within the telecom, architecture, engineering and technology sectors. More than three quarters (78%) of chief executives in telecoms expect IoT to impact their business and almost all of them (96%) expect to make investments in IoT over the next 12 months.

“The findings of the YPO Global Pulse reveal that the short-term business impact and investment strategy associated with a particular technology is largely dependent on the specific industry in which you operate,” noted Scott Mordell, CEO of YPO. “It will be fascinating to see how priorities and focus change over the next year as disruptive technologies such as AI and virtual reality become more mainstream.”

YPO Global Pulse® Survey

The YPO Global Pulse provides insight into the perspectives of chief executives around the world on topics that influence businesses, leadership and impact. The March 2018 Global Pulse survey results provide key insight into the understanding, attitudes and investment plans of chief executives around the world, regarding the 10 disruptive technologies that are attracting attention right now. The March 2018 YPO Global Pulse survey provides perspectives from 842 YPO members, from 15 different regions of the world and across 28 industry sectors. Visit www.ypo.org/globalpulse for more information about the survey methodology and results.

About YPO

The premier leadership organization of chief executives in the world.

YPO is the global platform for chief executives to engage, learn and grow. YPO members harness the knowledge, influence and trust of the world’s most influential and innovative business leaders to inspire business, personal, family and community impact.

Today, YPO empowers more than 25,000 members in more than 130 countries, diversified among industries and types of businesses. Altogether, YPO member-run companies employ more than 16 million people and generate USD6 trillion in annual revenues.

Leadership. Learning. Lifelong. For more information, visit‪ YPO.org.

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press@ypo.org

Mpumalanga police looking for cash-in-transit heist gang

NELSPRUIT – Members of the South African Police Service are looking for a daring gang of men who carried out a cash-in-transit heist along the University of Mpumalanga Road, in the outskirts of Nelspruit this morning, around 05:00.

The gang of approximately 10 men used a brownish Mercedes Benz with GP registration plates to ram the cash van forcing it off the road. Once stationery, the gang immediately pounced on it shooting at the armoured vehicle, but the security guards fought tooth and nail by firing back at the suspects from inside their vehicle.

However, the villains managed to blast the van with the guards still inside, gathered an undisclosed amount of cash at which point the security company’s Reaction Unit emerged. The gun battle continued between the guards and the suspects, with one suspect, who was wearing a bullet resistant vest believed to be belonging to the police being fatally wounded and a police officer injured. The rest of the suspects managed to flee the scene with a number of vehicles, including a white BMW X5 with false Limpopo Province registration plates being found abandoned not very far from the main crime scene.

The police responded swiftly and recovered four firearms, namely two AK 47 rifles, an R5 rifle, a 9mm pistol, another bullet resistant vest as well as a balaclava. At this stage, the police are probing how the police officer travelling in a state vehicle got to be shot and injured, within the vicinity of the crime scene.

The Provincial Commissioner of police in Mpumalanga, Lieutenant General Mondli Zuma commended the members of the security company for their prompt response as well as the brave crew for standing their ground inside their vehicle in the face of calamity. General Zuma has instructed all the police units involved including the Hawks, to ensure that the suspects are brought to book.

Anyone with information that may assist in the investigation of this matter is requested to contact Colonel William Mokonyama at 082 565 7099 or Crime Stop on 08600 10111.

Source: South African Police Service

Limpopo police strongly condemn the bombing of a bus that resulted in 6 people burning beyond recognition

DRIEKOP – The Provincial Commissioner of the South African Police Service in Limpopo, Lieutenant General Nneke Ledwaba has assembled a high level team of investigators comprising members of the Provincial Organized Crime, The Hawks and the Provincial Crime Intelligence to track down the suspects responsible for the bombing of a bus that was transporting night shift mine workers on Monday evening.

Six people burnt beyond recognition after what seemed like a petrol bomb, was thrown at the bus by unknown suspects. The bus immediately caught fire, instantly killing six people on board and injuring several others.

This gruesome incident took place at Driekop village outside Burgersfort when the faceless assailants pounced on a bus soon after it stopped at the pickup point at around 20:00 on Monday, 2 April 2018 and petrol bombed it. The police were then alerted and reacted swiftly. On arrival, the bus had already burned to ashes with six victims inside. It is understood others escaped through windows with burn wounds and were taken to hospital.

The Provincial Commissioner has commanded the Task Team to hit the ground running in pursuit of these faceless criminals. “We will not sleep until the people responsible for this gruesome incident are apprehended”, said General Ledwaba. “We call on community members to assist the police in their guest to swiftly crack this case and any valuable information received will be treated with the strictest confidentiality,” concluded General Ledwaba.

A monetary reward of up to R500 000.00 will be offered for any valuable information that can lead to the arrest and possible conviction of the people responsible for this horrific incident.

The police have opened six counts of murder following this incident. Anyone with information is requested to contact Captain Richard Boshomane at 079 894 5501 or Warrant Officer Mahlatji at 079 657 6873 or call the Crime Stop on 08600 10111 or contact the nearest police.

Source: South African Police Service

Update: Glebelands hostel murder suspect detained

UPDATE: Accused Khayelihle Mroza Mbuthuma (28) has been found guilty of killing Sbongile Mtshali. He was convicted by the Durban Regional Court on Thursday, 29 March 2018 and the case was remanded for today for sentencing.

In the early hours of this morning, members of the Organised Crime Task Team, Public Order Police, Metro and other role players conducted an intelligence driven operation at Glebelands looking for suspects involved in murders at the hostel. The team located and arrested a 31-year-old suspect who was wanted for the murder of Sbongile Mtshali (52).

It is alleged on 26 July 2017 at 20:00, the victim Sbongile Mtshali was at room where she was running a tuck-shop when she was approached by two unknown men pretending to be customers. The suspects opened fire, fatally wounding Mtshali before fleeing the crime scene on foot. She sustained gunshot wounds to the head and chest and was declared dead at the scene. The arrested suspect will be profiled to establish if he is linked to other cases committed at Glebelands hostel. He will appear in the Umlazi Magistrates’ Court once charged.

Meanwhile yesterday at 12:00, police deployed at Glebelands hostel arrested a 36-year-old man for possession of an unlicensed firearm at Glebelands. Police officers were conducting crime prevention duties at the hostel and following up on a murder where a 38-year-old man was shot and killed at the hostel on Tuesday night. Police stopped a taxi that was at the Glebelands hostel and searched the occupants. Upon searching the occupants one of the passengers was found in possession of an unlicensed pistol. The recovered firearm will be subjected to a ballistics analysis to ascertain if it was used in murders committed at hostel or any other case in the country.

The KwaZulu-Natal Acting Provincial Commissioner, Major General Bheki Langa praised the team for apprehending the culprits at the hostel. Community partnership is vital in maintaining peace and stability at the hostel. We are appealing to residence to work together with the police by reporting any criminal activities. We also applaud the efforts the Umlazi Station Commander for her continued attempts to reach out to residents at the Glebelands hostel, he said.

Source: South African Police Service