The pandemic and growing relevance of 4IR technologies continues to drive greater digitalisation across industries. According to Gartner, 64% of organisations are accelerating their digital investments in 2022.

Global spending on digital transformation is expected , with the global cloud computing market estimated to reach $474 billion in 2022, an increase of over 16% from $408 billion in 2021.

However, . Among the contributing factors for the high failure rate is a lack of a compelling business event for change within the organisation, unrealistic expectations when it comes to delivery timelines, and insufficient investment in value management, according to McKinsey.

In fact, in another study conducted by McKinsey, where 5400 IT projects were researched, it was found that on average, large IT projects run 45% over budget and 7% over time, while delivering 56% less value than predicted 鈥� the famous 鈥淩OI鈥�.

When digital transformation succeeds, it can revolutionise businesses and entire industries. found that successful digital transformation projects created 66% more value and improved corporate capabilities by 82%. One in every two companies are also expected to generate more than 40% of their revenue from digital products and services in 2022, compared to one in three companies in 2020.

However, when a digital transformation project fails to deliver the requisite business value, it can lead to abandoned digital initiatives, lost opportunities, organisational underperformance and a lack of agility to deal with emerging threats and opportunities, not to mention a despondent workforce that is opposed to change because they do not believe in its value.

Unlocking quantitative, qualitative business transformation outcomes

How can organisations improve the outcomes of their business transformation efforts?

Value advisory services provide the strategic tools for tech and business leaders to help drive digital transformation projects to successful outcomes. These services leverage methodologies that align business and IT onto one compelling event for transformation.

Value advisory services quantify the value to be gained through outcomes such as revenue uplift, cost reduction, risk mitigation, and general business performance improvement. It aligns business transformation activities to a clear roadmap that prioritises quick time-to-value and clearly quantifies the net present value (NPV) to be gained from such activities.

Using a set of tools and processes to evaluate important business strategy objectives and their associated processes, value advisors can help assess where and how new technologies can unlock hidden business value. Leveraging value advisory services can help turn business opportunities and challenges into building blocks for successful, sustainable intelligent enterprises.

This can cover the entire business transformation and innovation lifecycle, from strategy to value assessment, enterprise architecture, change management and determining which solutions are best suited to enable the desired business outcomes.

听A blueprint for value advisory success

How best can organisations engage value advisory services to help drive business transformation to successful outcomes?

Firstly, value advisors spend the time understanding the problem statement or compelling event for change in relation to the broader strategic business imperative to be attained, key industry trends to be considered and a competitive analysis of market share in the said industry of the customer.

Value advisors work with customers to map out a collaborative approach that jointly identifies business areas with the greatest potential for digital transformation. The engagement process is documented in a vision-to-value approach that considers which areas of the business holds the most promise for value generation, and provides guidance on the quickest way to unlock that value bearing in mind aspects such as cost analyses, benefits, and risks associated with business transformation.

Industry Value Advisors can also help co-design the IT strategy and define the associated governance requirements to ensure adequate adoption throughout the organisation. In line with best practice, a Customer Centre of Excellence is usually developed during this phase to ensure IT service excellence throughout the transformation project. With this in place, advisory services help secure the success of the business transformation project through strategic guidance, program management and quality reviews.

Finally, with any business transformation initiative, change management is essential. And yet ; half are outright failures. Value advisory as a discipline can bring about vital insights to the change management processes to help lower employee resistance to change, and accelerate the adoption of the new business capabilities to be unlocked during the business transformation process.

In closing, organisations can future-proof their operations through systematic, structured innovation that continuously explores the potential value of new technologies on the organisation’s business model.

The outcome of this project is digitalisation that delivers to the business鈥� needs, empowers employees with new tools and capabilities, standardises key business processes in line with global or industry best practices, and helps sustain the benefits of digital transformation while moving the organisations closer to the ideal of an intelligent enterprise.

And in light of ongoing budgetary pressures, business and IT leaders across Africa will also be encouraged to know that value advisory services are offered free of charge to any customer wishing to do business with 麻豆原创.

The post Value Advisory is a Necessity for Business Transformation Success appeared first on 麻豆原创 Africa News Center.

According to Olajide Ademola Ajayi, Africa Code Week Global Coordinator, the engagement by youth has been inspiring throughout the challenge. “Despite the pandemic disrupting schooling for hundreds of millions of kids across Africa, the continent’s youth have stepped up to share their vision for the future of education. While there can ultimately be only one winner, the quality of entries at the inaugural AfriCAN Code Challenge inspire hope and optimism about Africa’s future, one shaped by the largest youth population in the world.”

Launched by for the first time this year, the AfriCAN Code Challenge is a pan-African coding competition where youth aged 8 to 16 were tasked with coding a game using the Scratch programming language to answer the question: “How will your tech change the future of education?”

Youth were able to enter alone or in teams of up to five people, tapping into a wide range of essential skills from problem-solving and coding all the way to teamwork and communications.

Each entry had to include a two-minute YouTube video showing how the game works and why it should win.

In total, 40 countries participated, with over 100 project videos submitted. The top three entries from 36 countries made it into the continental final, with 22 countries making it to the final judging stage. The winner will be announced February 2021.

According to Claire Gillissen-Duval, Director of EMEA Corporate Social Responsibility and Co-founder of Africa Code Week at 麻豆原创, “African youth are highly creative and community-oriented, and have a key role to play in building a safer and better future for the continent. By encouraging learners to innovate at an early age, we hope to inspire them to become change-makers and help find solutions to challenges in their communities, nations and beyond.”

The 22 countries that made it through to the final round are Algeria, Botswana, Cabo Verde, Cameroon, Republic of the Congo, Djibouti, Ethiopia, Ghana, Ivory Coast, Kenya, Malawi, Mauritius, Morocco, Niger, Nigeria, Rwanda, Sao Tome & Principe, Senegal, South Africa, Tanzania, Tunisia and Zimbabwe.

About Africa Code Week

Since 2015, 麻豆原创 Africa Code Week (ACW) has been creating free opportunities for young Africans to learn coding skills and for teachers to be trained on digital learning curricula. Strong partnerships with the public, private and civil society sectors across听the continent are driving sustainable impact by building teaching capacity and supporting the adoption of coding into national curricula in support of UN Sustainable Development Goals 4, 5 and 17. Key partners include听听Youth Mobile,听,听the , Google and GIZ/BMZ.

In 2019 alone, the initiative saw 3.85M children participating in coding workshops and 39,000 teachers mobilized across 37 countries. In 2020, ACW increased the program鈥檚 reach to the entire continent to deepen impact and ensure no child was left behind. The online roll-out took center stage across Africa with the launch of a smartphone App to facilitate accessible learning, the introduction of the 鈥� a competition themed, 鈥楬ow will your tech change the future of education鈥� engaging youth from 40 African countries, Virtual Train-the-Trainer (TTT) sessions for teachers and a second Women Empowerment Workshop engaging 70 teachers in a 8-week long online program.

For more information about 麻豆原创 Africa Code Week and the AfriCAN Code Challenge, visit

The post Youth from 22 Countries Compete in Final Round of First AfriCAN Code Challenge appeared first on 麻豆原创 Africa News Center.