Most banks still in early stage of hybrid cloud adoption

In the years since the 2008 financial crisis, banks have struggled with performance and profitability. Average return on equity (ROE) remains well below banking industry metrics, and cost to income ratio (CIR) has improved on average, but remains high. By Shanker...

Bumper growth forecast for metaverse

The metaverse market will record a compound annual growth rate (CAGR) of 39,8% to reach $996-billion in 2030, as companies across the globe, including those in non-tech sectors, increasingly invest in the technology for better engagement with customers, brand...

Cybersecurity a major challenge for SMBs

A recent Kaspersky global survey conducted among 1 307 decision-makers in companies with 1 to 999 workers shows that cybersecurity incidents pose almost the same difficulties as a dramatic fall in sales. Thirteen percent of respondents from small and medium...

Decrease in technology use by marketers

Marketers report utilising just 42% of the breadth of capabilities available in their martech stack overall, down from 58% in 2020, according to a new survey by Gartner. Gartner surveyed 324 marketers in May and June 2022 to determine the state of marketing technology...
Intel reports breakthrough in quantum chips

Intel reports breakthrough in quantum chips

The Intel Labs and Components Research organisations have demonstrated the industry’s highest reported yield and uniformity to date of silicon spin qubit devices developed at Intel’s transistor research and development facility, Gordon Moore Park. This...

SWIFT paves way for global use of CBDCs and tokenised assets

SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem. The...