IT spend on global banking, investment to hit $652bn

Worldwide banking and investment services IT spending is forecast to total $652,1-billion in 2023, an increase of 8,1% from 2022, according to Gartner. Spending on software will see the largest growth with an increase of 13,5% this year. “Current economic...

131 years needed to close the gender equality gap

Gender parity globally has recovered to pre-Covid-19 levels, but the pace of change has stagnated as converging crises slow progress, according to the World Economic Forum’s Global Gender Gap Report 2023. The report finds that the overall gender gap has closed...

Digitalisation key for increased manufacturing output

Local manufacturing output has increased by 3,4% year on year, according to the Manufacturing: Production and Sales report recently released by Statistics South Africa. While this is a step in the right direction following a protracted spell of subdued activity, it is...

Global in-app purchase spend set to jump

Last year mobile phone users worldwide spent almost $205-billion on in-app purchases – the highest value in the app market’s history. This figure is set to grow by around 12% year-over-year and hit $231-billion in 2023 as millions of people continue...

AMD expands commercial portfolio

AMD has announced its new Ryzen PRO 7040 Series Mobile processors, bringing advanced and power efficient x86 processors to more premium Windows 11 business laptops and mobile workstations. With “Zen 4” architecture, AMD RDNA 3 integrated graphics, AMD PRO...