Shared cloud infrastructure spend drives overall growth
According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments,...
AI takes centre stage in financial industry
The financial services industry is undergoing a significant transformation with the adoption of AI technologies, according to Nvidia's fourth annual State of AI in Financial Services Report. The report reveals that an overwhelming 91% of financial services companies...
Covid puts pandemics squarely in the risk spotlight
The Covid-19 pandemic has shown that it will be imperative for businesses to reprioritise risk and to innovate and explore new risk management strategies. An Aon survey, "Reprioritising Risk and Resilience For a Post-Covid-19 Future", finds that 82% of respondents...
The ongoing race for drones in the upper atmosphere
In 2017, after four years of setbacks and crashes, Alphabet shut its project flying solar-powered fixed-wing drones in the upper atmosphere to beam the internet to those cut-off. Facebook then exited its similar project. And Alphabet has now dumped its...
Huge set to make a firm offer for Adapt IT shares
Adapt IT has confirmed that Huge Group intends to make a firm offer to acquire or any of its shares. The company has constituted independent board of directors, consisting of Craig Chambers, Oliver Fortuin, Zizipho Nyanga and Catherine Koffman for the purpose of the...
5G phones will account for 35% of sales in 2021
Worldwide sales of smartphones to end users will total 1,5-billion units in 2021, a 11,4% growth year over year, according to Gartner. "In 2020,consumers reduced spending on smartphones but availability of new products, will see users drive significant uptick in...
Chinese smartphone market declines as Huawei loses ground
The smartphone market in Mainland China finished 2020 with 84-million units shipped in Q4 2020, declining 4% year-on-year. That meant for the full year, the China market declined 11% to arrive at just over 330-million units, as market recovery was stalled by the rapid...
CEOs prioritise employee well-being, worry about remote workforce
A top challenge for CEOs over the next few years will be in managing an "anywhere" workforce, according to a new IBM Institute for Business Value (IBV) study. CEOs of outperforming organisations - those who were in the top 20% for revenue growth of those surveyed -...
Xerox spins out three new businesses
Xerox Holdings is branching out and has set up three new businesses - Software, Financing and Innovation - aimed at delivering long-term growth in 2021 and beyond. The company has announced organisational changes to support the new businesses. "We are focused on...
Global cloud services market surges by $10bn in Q4
Cloud infrastructure services spending increased 32% to $39,9-billion in the last quarter of 2020, following heightened customer investment with the major cloud service providers and the technology channel. Total expenditure was over $3-billion higher than the last...
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