IT spend will breach $7trn for the first time in 2027

Worldwide IT spending is expected to reach $7,35-trillion in 2027, up 15% from 2026, according to the latest forecast by Gartner. “Collectively, the market forces are reinforcing spend around AI infrastructure, AI-enabled cloud platforms, and advanced software...

As African CEOs embrace AI, ROI is still elusive

By Kathy Gibson - African companies are in the middle of learning and adopting artificial intelligence (AI), and adapting to the changes it brings. But they are also looking beyond adoption at how to measure value from their AI investments, says Ladi Asuni, partner...

Africa moves from AI ambition to action

AI has moved from potential to proven economic value and while ambition setting is near universal across economies, execution speed is the differentiator, according to Boston Consulting Group’s The AI Maturity Matrix 2026: AI Is Transforming How Economies Develop and...

The shocking reality facing jobseekers

Of the 867 706 people who registered looking for entry-level work in retail, restaurants and quick-service outlets over a 13-month period, just 6 566 were appointed - approximately one in every 132 – and between them, they sent nearly five million applications. The...

FBI disrupts Russian-controlled botnet

A US court-authorised operation has neutralised a network of hundreds of small office/home office (SOHO) routers that GRU Military Unit 26165, also known as APT 28, Sofacy Group, Forest Blizzard, Pawn Storm, Fancy Bear, and Sednit, used to conceal and otherwise enable...

AI in manufacturing set for take-off

The global artificial intelligence in manufacturing market is anticipated to reach $47,88-billion by 2030 and is anticipated to expand at a CAGR of 44,2% during the forecast period, according to a new report by Grand View Research. The substantial driver propelling...

Lockdowns hit sales of large format displays

Sales of large-format displays (LFDs) in Western Europe (WE) during 2020 were significantly affected by the pandemic and there have been little signs of recovery in early Q1 2021, according to the latest data published by Context. Declining sales reflected the impact...

China accounts for 70% of top smartphone vendors

Data acquired by Finbold indicates that China hosts about 70% of the top ten smartphone vendors globally as of 2020. Despite the Chinese dominance, South Korea's Samsung has the largest market share at an estimated 19,2%. Apple is the only US vendor on the list with a...

OBS warns users not to take the bait

With an increase in banking fraud, and a modus operandi of targeting online transactions, banks are continuing to evolve their products, services and systems to try and stay ahead of fraudsters. This is being achieved through the development and introduction of...

Supply chain disruption highlights need for better technology

Events of the past year have upended the procurement industry, illustrating the fragility of a complex international supply chain and forcing a sea change in the industry. However, according to the 2021 Supply Chain Insights Global Survey from IHS Markit, supply chain...

Microsoft still the most-imitated brand for phishing

Microsoft was again the brand most frequently targeted for phishing attacks in the first quarter of 2021, as it was in Q4 2020. According to Check Point Research's new Brand Phishing Report for Q1 2021, 39% of all brand phishing attempts were related to the technology...

Finance leaders risk overinvesting in new analytics

Many finance leaders have transformation plans that seek to expand the role of their analytics portfolios, without recognising the improvement in enterprise-wide access to analytics capabilities that were previously the sole domain of finance, According to Gartner,...

Fintech investments plummeted during pandemic

The year 2020 was a challenging year for many fintechs. The global slowdown in funding caused by the Covid-19 led to a significant drop in the number of venture capital deals and brought uncertainty for many companies operating in this market. According to data...

Euro smart home market bounces back

In the fourth quarter of 2020, the smart home market in Europe grew 12,2% compared to the same period of 2019, according to research by International Data Corporation (IDC). 41,3-million units were shipped to the region between October and December. "After a negative...

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