Revenue to hit $1bn as quantum breakthroughs advance

Worldwide, quantum computing revenue is projected to total $1,1-billion in 2027, according to Gartner. “Nations and businesses have scaled spending in quantum literacy, patents, partnerships, and early use-case exploration,” says Gaurav Gupta, vice-president analyst...

Fuel price shock will hit supply chains hard, driving prices up

South Africa’s latest fuel price increase will put fresh pressure on already strained supply chains, says supply chain industry body SAPICS. The organisation warns that the cost impact is likely to extend far beyond the transport sector and into consumers’ pockets at...

SA must put jobs at the centre of its AI future

South Africans are embracing AI, but turning that appetite into economic opportunity will require trained educators, reliable Internet, affordable access, recognised skills pathways, scaling of existing financing models, and investment in the country’s own languages,...

SA’s data centre boom starts to raise questions

South Africa’s rapidly expanding data centre sector is highlighting a fundamental gap in how the country plans and regulates major digital infrastructure: there is no comprehensive public record of how many facilities are operating, where they are located, or how much...

AI will drive massive growth for edge computing

The global edge computing market size is expected to reach $155,9-billion by 2030, and is expected to expand at 37,9% CAGR from 2023 to 2030, according to a new report by Grand View Research. Artificial intelligence (AI) integration into the edge environment is...

Apple smartphones capture top spot in China for the first time

A shift of power playing out on the worldwide stage also happened in China, the largest smartphone market. Apple became the leading smartphone company in China for the first time with record high market share of 17,3% in 2023. According to preliminary data from the...

Mixed results for Ethernet switch and router markets

The worldwide Ethernet switch market recorded revenues of $7,5-billion in the fourth quarter of 2020 (4Q20), a decline of 1,4% year over year. For the full year 2020, the market recorded $27,8-billion in revenue for a year-over-year decline of 3,5%. Meanwhile, the...

Asteroid set to skim past Earth on 21 March

The largest asteroid predicted to pass by our planet in 2021 will be at its closest on 21 March, providing astronomers a rare opportunity to get a good look at a rocky relic that formed at the dawn of our solar system. Called 2001 FO32, the near-Earth asteroid will...

Bitcoin price hits new record high

As bitcoin hits all-time price highs, regulation must now become a major priority for financial watchdogs. This call to action come from Nigel Green, chief executive and founder of deVere Group, a as the price of bitcoin hit a new record high, surging past $61 000 on...

After a tough year, African growth looks positive in 2021

Despite the challenging backdrop of a global pandemic and external economic shocks, Africa is expected to recover from its worst recession in half a century and reach 3,4% growth in 2021, the African Development Bank says in its 2021 African Economic Outlook report....

Nobel laureate urges more action on African debt

Nobel laureate Joseph E Stiglitz has called for a comprehensive global plan to help countries cope with mounting debt that has been compounded by the Covid-19 pandemic. Stiglitz, a recipient of the Nobel Memorial Prize in Economic Sciences in 2001, was speaking on...

Covid-19 drives new self-service initiatives

Customer service and support leaders are accelerating self-service initiatives to mitigate potential negative impacts of the Covid-19 pandemic, according to Gartner. More than 40% of customer service and support leaders have experienced increased service contact...

Enterprise external OEM storage revenue declines

According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Storage Systems Tracker, global market revenue for enterprise external OEM storage systems declined 2,1% year over year to $7,8-billion during the fourth quarter of 2020 (4Q20). Total...

Precision agriculture market to reach € 3,7bn

According to a new research report from the IoT analyst firm Berg Insight, the global market for precision agriculture solutions is forecasted to grow from € 2,7-billion in 2020 at a compound annual growth rate (CAGR) of 6,8% to reach about € 3,7-billion in 2025. A...

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