Technology has become an indispensable tool for driving economic growth and business competitiveness. At the Coega Development Corporation (Coega), we recognise the transformative power of technology to attract investment and accelerate socio-economic development and have thus integrated it into every aspect of our operations, writes Ms. Magama Makgamatho, Coega’s Chief Knowledge and Digital Officer, who recently addressed delegates as a guest speaker at the 18th Annual ICT Summit in East London.
For over 25 years, Coega has been at the forefront of leveraging technology to attract and support local and foreign direct investment to the Coega Special Economic Zone (SEZ).
With over 60 operational investors, our state-of-the-art data centres provide the essential infrastructure for businesses to thrive in the digital age. By offering cloud computing, software as a service, and platform as a service, we empower businesses to innovate and scale their services with ease.
Over and above cloud computing and services, Coega is agile to the impact of automation and artificial intelligence (AI) in revolutionising industries. Coega’s world-class infrastructure, including high-speed fibre connectivity, is essential for businesses to leverage automation and AI.
Coega is committed to embracing these technologies. By automating routine tasks and leveraging data-driven insights, we can improve efficiency, enhance decision-making, and reduce costs.
The Internet of Things (IoT) is also reshaping the way we live and work. Coega is actively exploring IoT applications to create a more connected and intelligent SEZ. By integrating IoT devices and sensors into our infrastructure, we optimise resource utilisation, improve safety, and enhance the overall experience for businesses.
Most importantly, as stated by the Deputy Minister of Communication and Technologies in his keynote address yesterday, we must increase investment in skills development and human capital to fully realise the potential of technology. Coega is partnering with educational institutions to provide training and upskilling programmes in areas such as data science, cybersecurity, and AI. Last year, Coega and the MICT SETA celebrated the success of a joint ICT Graduate Programme, which provided 50 young people with valuable work experience. This eight-month programme led to the gainful employment 100% of graduates.
As we progress, technology will remain a catalyst for economic growth and societal advancement in the Eastern Cape and South Africa. By embracing innovation and investing in digital infrastructure, we can unlock new opportunities, enhance productivity, and improve the quality of life for our citizens.
