SA’s financial sector suffers highest losses from data breaches

IBM Security has released its annual Cost of a Data Breach Report, showing the average data breach cost for South African organizations reached R49,45-million in 2023 – an all-time high for the report. This represents an 8% increase over the last three years and...

Increased chip demand will fuel steady OSAT growth

A surge in global demand for applications such as AI, high-performance computing (HPC), 5G, automotive, and Internet of Things (IoT) has fueled semiconductor supply chain expansion, according to IDC’s upcoming Semiconductor Manufacturing Services: 2022 Worldwide...

Top business priorities for CEOs and CFOs

Growth remains the top strategic business priority for both CFOs and CEOs, according to a survey by Gartner, which says 45% of CEOs ranked growth in their Top 3 strategic priorities (down from 53% in 2022) while 62% of CFOs put it in their Top 3 (up from 59% in 2022)....

Expanded capacity empowers cloud, CDNs and SaaS providers in Africa

A report from research group TeleGeography has unveiled the tremendous opportunities for content delivery networks (CDNs), cloud services, and software-as-a-service (SaaS) providers in Africa’s ever-expanding connectivity landscape. One of the key findings of...

Campus switch market to exceed $100bn

More than $100-billion will be spent on campus switches over the next five years, according to a new report from Dell’Oro Group. Additionally, we have raised our outlook for the 2023 revenue growth while, at the same time, revised our forecast for 2024 to show a...

Altron set to divest of two operations

Altron has issued a trading statement for the six months ended 31 August 2023 warning shareholders of substantial changes in its financial results from the previous corresponding period. Headline earnings per share (HEPS) from continuing operations is estimated to be...