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...

Neuralink ignites corporate interest in brain-machine interfaces

Elon Musk's update on Neuralink's successful brain chip implant recently has once again brought the spotlight on the growing interest in brain-machine interface (BMI) research among corporates. Though still in its nascent stages, as indicated by patent publication...

Converged systems market saw minor gains in Q4

According to the International Data Corporation (IDC) Worldwide Quarterly Converged Systems Tracker, worldwide converged systems market revenue grew 0,2% year over year to $4,5-billion during the fourth quarter of 2020 (4Q20). "The converged systems market closed out...

Is SA creating the skills for a digital future?

The Covid-19 pandemic has exposed structural weaknesses and widened inequalities across the world. Even before the pandemic, the rise of automation and innovative technologies were transforming the world of work, resulting in an urgent need for upskilling of talent....

What people expect from a cyborg future

New research carried out by security company Kaspersky unveils disparity over a future shared with augmented people - in their family, workplace, and even personal life. The study finds that a lack of understanding around human augmentation could be holding back...

Covid-19 forced hard business conversations

The Covid-19 pandemic forced businesses to have the hard conversations; reassess their strategies and negotiate better terms - and those that have adapted well will be positioned to grow the South African economy out of its slump. This is according to Isaac...

Bitcoin accounts for 40% of gold’s average daily trading volume

Data calculated by Finbold indicates that bitcoin's average daily trading volume between 1 January 2021, and 15 March 2021, is at $70,18-billion. The figure accounts for 39,41% of gold's $178,97-billion average daily trading volume for the same period. Elsewhere,...

Cyber arms race at a tipping point

Work-from-home (WFH) has resulted in exponentially greater attack surfaces from cybercriminals, armed with powerful cloud-based tools, cloud storage and endless targets, according to the 2021 SonicWall Cyber Threat Report. "As working environments evolved, so did the...

Draft Critical Skills List could be bad news for artisan employers

Certain artisan skills have been left off the recently gazetted draft Critical Skills List. This is according to Marisa Jacobs, MD of Xpatweb, who adds: "This should be cause for concern for affected organisations and we encourage them to review the list urgently,."...

Enterprise storage market still down in Q4

The EMEA external storage systems market value was down 2,8% year on year in dollars and 9,8% in euros in 2020Q4, according to International Data Corporation's (IDC) EMEA Quarterly Disk Storage Systems Tracker. The exchange rate played a central role in making the...

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