Smart money: Defining the role of enterprise PCs in financial services
bizcommunity | 18.08.2026 19:32
The amount of money that South Africa’s financial services sector spends on technology every year is nothing short of impressive. In 2025, South African businesses invested tens of billions of rands in IT, with major organisations directing spending towards digital infrastructure, cloud computing, data capabilities and cybersecurity. In some cases, technology accounts for double-digit percentages of total operating expenditures in many firms. These numbers reflect the growing role of cloud computing in core banking systems, propelled by interest in AI and data-driven processes.
