Companies move to formalise AI with a board

More than half (55%) of organisations now have an AI board, according to a recent Gartner poll of more than 1 800 executives. The survey also indicated 54% of organisations have a head of AI or an AI leader to orchestrate activities. “The findings show that...

Finance leaders still leery about GenAI

Finance leaders say generative AI (GenAI) will have the most impactful use case in forecast/budget variance explanations, according to a survey by Gartner, with respondents identifying revenue/spend data classification and management reports as the next most impactful...
NASA selects Space-X to deorbit International Space Station

NASA selects Space-X to deorbit International Space Station

SpaceX has been selected to develop and deliver the US deorbit vehicle that will provide the capability to deorbit the space station and ensure avoidance of risk to populated areas. “Selecting a US Deorbit Vehicle for the International Space Station will help NASA and...

5G chipset market to remain buoyant

The global 5G chipset market is forecast to reach $143,69-billion by 2030, – at a CAGR of 20,7% from 2024 to 2030 – according to a new report by Grand View Research. With the increasing demand for 5G-enabled devices, there is a growing need for more...

Serverless computing now fastest-growing cloud service

New analysis from Omdia’s Cloud Software & Services Intelligence Service shows that serverless computing has become the fastest-growing cloud service – with revenues now reaching $19-billion – and with public cloud hyperscalers taking the largest share of...

Spend on cybersecurity set to skyrocket

Organisations worldwide have significantly increased their cybersecurity budgets, but research firm Stocklytics.com says that total spend on cybersecurity tools and services will skyrocket in the next few years – jumping by 50% and reaching $272-billion in...