The cheaper AI gets, the more expensive your enterprise becomes
As AI token prices collapse, boards often confuse cheap raw intelligence with a cheaper business.
Lungile Mginqi is a Digital Transformation Strategist, AI-enabled Transformation Advisor and former Group CIO of Sasol, with 28+ years of executive and consulting experience across manufacturing, energy, chemicals, mining, utilities and financial services. He is also a former CEO/MD of Diebold and former Partner at Accenture. Lungile helps boards and executives focus on the few technology priorities that matter most to strategy: the work most likely to create enterprise value, improve resilience, strengthen governance and unlock future growth. His work includes digital transformation strategy, interim CIO advisory, Operational Technology convergence and transformation, cyber resilience, data foundations and AI-enabled operating rhythms. He brings a commercially grounded, entrepreneurial perspective to corporate transformation: avoid ‘pilot theatre’, modernise only where it advances strategy, and create the execution discipline to turn digital ambition into measurable outcomes.
As AI token prices collapse, boards often confuse cheap raw intelligence with a cheaper business.
If your exco is still treating routine AI automation with the same friction as a core-platform replacement, former Sasol group CIO Lungile Mginqi outlines how to fix your decision design.
Your business is constrained by foundational layers built for another era, writes former Sasol group CIO and IT expert Lungile Mginqi.
In the enterprise, AI only earns the right to scale when it delivers auditable decisions, measurable value and governance-grade trust within a 90-day business cycle, writes former Sasol group CIO and IT expert Lungile Mginqi.