spot_img

Date:

Share:

South African businesses must prioritize data strategies in 2025

As South African businesses navigate an increasingly data-driven world, many face the challenge of turning overwhelming amounts of information into actionable insights. Ferdinand Steenkamp, Co-founder at Tregter, emphasizes the urgency for companies to adopt clear, modernized data strategies in 2025 to ensure long-term growth, competitiveness and improved data security from online attacks in our country.

“Data on its own is not inherently valuable,” says Steenkamp. “Its true worth lies in how effectively businesses can harness it. South African companies are drowning in data from multiple sources, but more data doesn’t always mean better decisions. Without streamlining processes and focusing on relevant inputs, businesses risk falling into data fatigue—overwhelmed by noise and irrelevant information.”

Recent high-profile data breaches in South Africa highlight the dire consequences of poor data management. In 2023, the Department of Justice and Constitutional Development suffered a ransomware attack that crippled critical services for weeks. Similarly, TransUnion South Africa faced a major breach exposing sensitive customer information. These incidents serve as stark reminders of the vulnerabilities in local businesses’ data infrastructures.

“Data breaches aren’t just about financial losses or reputational damage; they undermine trust in South African companies’ ability to safeguard their customers and stakeholders,” Steenkamp warns. “These events should be a wake-up call. Companies must invest in robust data strategies, not only to protect sensitive information but to ensure their data is an asset rather than a liability.”

The proliferation of big data has left many organizations relying on five or more data sources, some exceeding 20. However, the sheer volume of data often leads to misguided decision-making, where insights are statistically sound but disconnected from real-world context. Steenkamp likens this to building a “mathematical Frankenstein” — combining data in ways that are technically valid but fail to provide meaningful or practical outcomes.

“The key isn’t more data; it’s smarter data management,” Steenkamp explains. “Businesses need a focused toolkit that simplifies decision-making and adapts to market realities. In 2025, those with clear data strategies will avoid pitfalls like erratic decision-making and position themselves to navigate uncertainties with agility. Improving data security infrastructure will also remain a critical undertaking, as the number of online attacks against local companies, data breaches and leaks continues to escalate.”

As South African businesses prepare for the future, the need to move beyond outdated notions of big data is more pressing than ever. By embracing streamlined, purpose-driven data strategies, companies can unlock the full potential of their information assets, ensuring resilience and growth in an increasingly complex digital landscape.

spot_img
spot_img

━ More like this

Capitec puts scam detection tool in 26 million clients’ hands

Capitec is introducing Scam Checker, an AI tool that gives an assessment on suspicious links and SMS messages before they click, reply or pay....

How sovereign data governance will drive Africa’s economic independence and technological innovation

Data and digital sovereignty are no longer abstract or distant concepts for Africa. They are active, pressing conversations, prompting governments, companies and institutions to...

2 million hacking tool detections in six months: Kaspersky reveals the most used lateral movement utilities

Recent statistics compiled from detection alerts within Kaspersky Anti Targeted Attack (KATA)* reveal the hacking tools most often used for lateral movement across enterprise...

Kaspersky finds growing ties between hacktivist groups and DDoS providers

New Kaspersky Digital Footprint Intelligence research shows hacktivist groups seem to be using DDoS-for-hire services: among 148 actors analysed, 9 showed hacktivist ties, pointing...

Almost 63% of online learners across META faced cyber incidents in the past year, with almost one-third losing money, Kaspersky research reveals

Digital education tools and services are now across desktops, laptops, tablets and ARM-based Windows devices are increasingly regarded as an effective choice for studying online....
spot_img
spot_img