Underfunding a leading cause of AI failures for SA firms

South African organisations whose AI ambitions outrun their budgets are seven times more likely to say AI has fallen short, according to preliminary results from DayOne’s State of AI Delivery in South Africa survey. Of the more than 170 employees, founders, managers...

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,...

ITU publishes 6G framework

The International Telecommunication Union (ITU) has published the framework for the development of standards and radio interface technologies for the sixth generation of mobile systems, popularly referred to as 6G. The details of the 6G framework are contained in...

$175m pledged to Alliance for Green Infrastructure in Africa

During COP28, African and global institutions together with governments of Germany, France and Japan and philanthropies pledged over $175-million to the Alliance for Green Infrastructure in Africa (AGIA). The landmark initial pledge will help to rapidly scale up...

SA fails to ready youth for 4IR

South Africa is failing to expose and prepare young people for the evolving world of work. This is according to Tumelo Dichabe, business advisor at non-profit organisation Technoserve, who says: "Our youth are not exposed to the options that exist or that would result...

GLobal enterprise WLAN market rebounds

The combined consumer and enterprise worldwide wireless local area network (WLAN) market segments rose 12% year over year in the third quarter of 2020 (3Q20), according to results published in the International Data Corporation (IDC) Worldwide Quarterly WLAN Tracker....

Young scientists to be awarded at Eskom Expo Virtual Awards

More than 500 of South Africa's finest young scientists will be honoured at virtual awards ceremony following successful participation in the Eskom Expo for Young Scientists 2020 online assessments. In the wake of the Covid-19 pandemic and lockdown - which has led to...

New normal is here to stay – and so are cyber threats

Cyber-attacks are on the increase: over half of organisations are seeing more attacks and threats now than at the start of 2020. This is among the results of a new survey from Check Point Software Technologies, identifying organisations' key cyber-security priorities...

Digital transformation investments to top $6,8trn

The myriad business challenges presented by the Covid-19 pandemic have ensured that the global economy remains firmly on course for its digital destiny, with 65% of the world's GDP set to be digitalised by 2022 and direct digital transformation (DX) investments to...

Protect employees’ mental energy through times of change

The pace of change is wearing down finance teams, so finance leaders must navigate both big and small changes to protect employees' mental energy, according to Gartner. "When employees go through periods of heavy change, particularly as we are experiencing this year...

New cybersecurity threat predictions for 2021

In 2020, we saw many rapid changes on a global scale as organisations across the world attempted to adapt to a new normal caused by the pandemic. FortiGuard Labs unpacks some of the trends we can expect to see in the new year. Amid this shift, there were significant...

Bytes Technology Group announces offer price

Bytes Technology Group in the UK has announced an offer price of 270 pence per share, valuing the company at £646,6-million. The funds raised will buy the company out of the Altron group. Neil Murphy, CEO of Bytes Technology Group, comments: "It gives us great...

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