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3 Key Criteria When Considering Mobility Solutions For Your Business

Mobility is on the rise. It’s now easier than ever before to stay connected and work whenever, wherever.

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Mobility has improved the productivity and efficiency of organisations.

Here are three key points that you need to know to make mobility solutions work for your business.

1Security is a must

Frost & Sullivan recently reported that 98% of employees use smartphones for business, 93% use tablets and 75% use wearable tech. A large percentage of these are personal devices, which raises the question of security.

According to Paulo Ferreira, Director Enterprise Mobility, Samsung South Africa, several factors need to be considered by businesses to overcome the risk of corporate data on smartphones being prone to phishing, malware and spyware.

“If organisations endorse employees using their own devices, they need to ensure that they are able to manage and secure data on these devices,” he explains.

Related: 5 First Technology Buys For Your Brand New Business

“This is not a trivial exercise, and the enterprise mobility strategy needs to take into account the following pillars that will determine the final device approval model.”

Manufacturer

Not all OEMs manufacture smartphones that are enterprise-ready. Cheaper, low-end smartphones built with the cost-conscious consumer in mind are not enterprise-ready and don’t exhibit enterprise quality features.

Device Model

Only high-end devices will support fingerprint or other biometric authentication hardware. If this is a requirement to ensure strong security, low-end devices should be prohibited from accessing the corporate network.

Operating System

Later versions of Android have support for more enterprise-ready features, for example secure workspaces and data isolation through containerisation.

Enterprise Device Management Support

Devices should be certified for use with third party EMM (Enterprise Mobility Management) solutions. This enables IT to secure and provision data and apps on employees’ devices. Regulatory, hardware and software compliance through policies are a must.

2Improved productivity

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If implemented correctly, a mobility solution can result in a huge cost saving for organisations. “With the right foundations in place with regards to CL (corporate liable) and BYOD (bring your own device), organisations can benefit from the advantages of improved employee productivity.” says Ferreira. An initial investment is outweighted by the benefits of the right solutions, he adds.

According to Ferreira, there are a number of ways that organisations and employees benefit from mobility solutions. “For example, tablets offer portability, mobility, they’re light-weight, offer connectivity in the field, have superior battery life, and are competitively priced.

Employees who benefit from tablets include sales force automation (insurance, sales, financial services, etc.), construction (with the use of rugged devices), professionals conducting surveys, and real estate.

“When employees deploy tablets, productivity is enhanced through real-time access to information, corporate data, and the ability to automate the sales process. The efficiencies of an always-on connected individual empower them to shorten sales cycles, and improve customer experience.

Related: Fintech: Fusing Finance And Technology

3Wearable tech supports mobility

Wearable tech enhances productivity by empowering employees to be able to access their contacts, diaries, and even request an Uber from their smartwatch.

“There are numerous ways that wearable tech can be a huge benefit to businesses,” says Ferreira.

“In retail it can provide a visual 360 degree experience of a product to a prospective customer. In the automobile industry, a consumer can experience the look and feel of a car internally and externally without having to physically access the car.”

Property agents can offer virtual reality tours of new properties, and buyers and rentees can immerse themselves in new buildings before they’re built.

The Samsung difference

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How is Samsung supporting the move to mobility? “Our portfolio is differentiated through our offerings in the smartphone, tablet, 2-in-1, smartwatch and Virtual Reality categories,” says Ferreira.

“Our tablet and smartphone line-up is broad enough to offer technology across the spectrum from the consumer to the enterprise.”

Samsung focuses on security. “Samsung Knox is our security and device management solution, which enables organisations to manage these devices securely, and even encompasses newer categories like IoT. Knox is an umbrella portfolio of multiple solutions that assist with the security and management challenges of enterprise customers. The container solution of Knox Workspace allows organisations to elegantly manage BYOD devices by allowing for secure data separation of corporate and private data and apps on a single device.”

Contact: www.samsung.com/za/business for more information.

Since its founding in Suwon, Korea in 1969, Samsung Electronics has grown into a global information technology leader, managing more than 200 subsidiaries around the world. The company’s offerings include home appliances such as TVs, monitors, refrigerators, and washing machines as well as key mobile telecommunications products like smartphones and tablets. Samsung also continues to be a trusted provider of key electronic components like DRAM and non-memory semiconductors.

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The Alfa Romeo Stelvio – More Than An SUV

The All-New Alfa Romeo Stelvio draws inspiration from the legendary mountain pass linking Italy to Switzerland, with 48 hairpins in quick succession.

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The All-New Alfa Romeo Stelvio draws inspiration from the legendary mountain pass linking Italy to Switzerland, with 48 hairpins in quick succession. The Stelvio pass is widely seen as one of the most beautiful and engaging roads on the planet.

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Enhance Your Entrepreneurial Flair With An Online Postgraduate Diploma From The University Of Pretoria

The Department of Business Management at the University of Pretoria, a leader in business management education, will be offering an Online Postgraduate Diploma in Entrepreneurship for the 2018 academic year with some seminars to enrich your action learning experience.

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The Department of Business Management at the University of Pretoria, a leader in business management education, will be offering an Online Postgraduate Diploma in Entrepreneurship for the 2018 academic year with some seminars to enrich your action learning experience.

The programme content focuses on the start-up processes, creativity and opportunity recognition, business planning and marketing as well as financial management. Furthermore, the programme emphasises entrepreneurial growth and small business policy development with relevance to the enabling environment.

Who should enrol?

The programme is designed for pre-, nascent and start-up entrepreneurs who want to attain an advanced degree in entrepreneurship. It is also intended for individuals who work in an entrepreneurial environment and are involved with small business policy development. Although many students in the programme have academic credentials in entrepreneurship or business management, the programme is also appropriate if your education and/or experience may be in other disciplines (e.g. engineering or medicine).

Admission requirements

A relevant bachelor’s degree.

Related: This Enterprises UP Expert Explains Why Start-Ups Really Fail

Additional programme information

The duration of the course is one year. The language of tuition is English and the course will be presented in two blocks by means of the blended learning method (70% online and 30% contact sessions). Students need continuous access to the internet to complete the course.

Course Contents

Overview of modules for Block A

  • Ideation-to-market: Starting up
  • International Business Venturing
  • Venturing Strategy Building (Part 1)

Overview of modules for Block B

  • Entrepreneurial Marketing
  • Entrepreneurial Supply Chain Management
  • Entrepreneurial Finance
  • Venturing Strategy Building (Part 2)

Click here for more information.

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Win A Business Makeover With Retail Capital To The Value Of R250 000

Retail Capital is giving SMEs an opportunity to win a makeover to build their brand with an investment of R250,000.

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Retail Capital is giving SMEs an opportunity to win a makeover to build their brand with an investment of R250,000. During the summer campaign, SMEs are encouraged to share the vision of how they would like to see their business grow, and led by a team of experts, Retail Capital will work with the winning SME to help make their vision come true.

While South Africa’s economy is not faring well, Retail Capital CEO Karl Westvig remains optimistic about the country’s retail and hospitality sectors. “We are seeing some green shoots, with an increase in turnover in these sectors – starting from the end of September. Economic conditions remain very tough, but businesses seem to be trading well into October and we’re hoping this continues into the festive season trading.”

According to recent statistics from Statistics South Africa (Stats SA), South Africa’s retail sales rose by 5.5% year-on-year in August 2017, following a downwardly revised 1.6% gain in the previous month and above market expectations of 2.3%. It is the biggest gain in retail trade since August of 2012.

Related: How To Raise Working Capital Finance

“I do believe that these sectors will see an improvement during the summer season. But, key to this will be for small business owners to ensure that they have the right amount of stock, adequate cash flow, as well as other systems in place to meet the ever-changing needs of customers,” says Westvig.

For many small businesses, however, continually adapting to market changes requires cash injections that they don’t often have.

The prize includes the following:

  • Business plan/consulting
  • Marketing strategy
  • Design and branding
  • Website and social Media and,
  • R50k capital to gear your business.

Westvig explains that the summer campaign tagline ‘Your Vision. Our Belief’ really speaks to why Retail Capital first opened its doors. “Our goal is to see the potential of small businesses and to work with them in making these become a reality.”

He adds that the idea is not to simply help one business during the campaign either. Westvig points out that one of the biggest challenges that small businesses face in the sluggish economy is enough foot traffic through their doors. “Generally, the main hurdle in creating brand awareness and projecting credibility of their establishments boils down to establishing a strong online presence.”

“One of the first ways that South Africans identify a business or service provider that they want to work with is over social media – even in a country where the digital divide has traditionally separated the technological haves from the have-nots,” he says.

He explains that companies that don’t have a social media presence are running the risk of being overlooked entirely. “They may attract customers in their own community with signage or word of mouth, but to grow a business, they need to expand their reach – and that’s where social media comes in.”

But, the reality is that resource and time constraints mean that for many SMEs, social media is not prioritised. “Unfortunately for the average small business owner, they don’t have the time or expertise to get connected.”

Understanding the importance of having an online presence, Retail Capital has also committed to developing the digital presence of all campaign entrants. This would include setting up each entrant’s digital presence on platforms such as Google, Facebook, Twitter, Tripadvisor, Zomato and any others that may be relevant to their specific market or industry.

“As a partner to many SMEs in South Africa, we are continually looking at new and innovative ways to help provide them with the much-needed support in order for them to realise their visions. SMEs need to be supported with initiatives like targeted education and training, supportive legislation, and funding opportunities that collectively help them grow our national economy,” says Westvig.

Related: 6 Great Tips For A Successful Shark Tank Pitch

Who we are and what we do:

“More than R1.25 billion has been extended to a range of businesses including food trucks, hair salons, restaurants, spas and franchised retail stores. Many of these businesses have not been able to raise funding in any other way, other than to go to unscrupulous lenders,”says Karl Westvig, the CEO Retail Capital, a company that provides working capital with the help of innovative lending technology.

“We have also estimated that for every R160 000 we lend, we create a new job. This means that 625 jobs have been created purely by enabling small businesses to get the funding they need for working capital requirements or expansion opportunities.”

Retail Capital’s system, which enables it to advance funding to small businesses, based on real time information on credit card transactions, is providing a new funding alternative to entrepreneurs who have previously been turned away by banks. Because it is able to get actual sales information, it can approve funding immediately, and allow for flexible repayment options based on sales cycles of the particular businesses it is funding.

“This creates significant opportunity for small business owners to focus on their business and grow volumes or look for expansion opportunities rather than spend their time frantically trying to repay debt or keep the business alive after debt repayments have eaten away at any cash reserves they might have had.”

Retail Capital funding is repaid by it taking a percentage of a business’s recorded credit or debit card sales, with repayments fluctuating in line with their business cycle. This has the effect of ensuring that it isn’t overburdened with debt.

“In the past six years since starting the business, small businesses have had the benefit of R1 billion in funding they would have been unable to get through traditional channels,”says Westvig.

Against the backdrop of recessionary conditions in South Africa, Retail Capital’s client information reveals growth in informal sector turnover across a number of industries.

“We believe that growth in the informal sector is outstripping that of the formal sector,”says Westvig.

As a large proportion of the businesses it funds are women- and black-owned, there is evidence that entrepreneurs who have previously been excluded from access to finance are now enjoying success now that their access to finance problem has been solved.

Win A Business Makeover with Retail Capital

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