GenAI-powered skills development to drive $1trn in productivity gains
In a business landscape where productivity and revenue growth stand at the forefront of organisational priorities, the role of generative AI (GenAI) is taking centre stage. International Data Corporation (IDC) foresees a major paradigm shift taking place, with 35% of...
GenAI startups raise record sums
Startup funding has been subdued in 2023 with $224-billion in total venture capital funding (as of 8 December 2023) falling 65% since 2021 when startups raised a record $655-billion. But the story is very different for Generative AI (GenAI) startups, which have raised...
Digital economies are best positioned for Covid recovery
Almost one year after the onset of the Covid-19 crisis, the deep economic recession it has triggered continues to have profound economic and social consequences. While no nation has emerged unscathed, this year’s Global Competitiveness Report finds that countries with...
How the Covid-19 pandemic is playing out from space
Economic and social shutdowns in response to the Covid-19 pandemic have led to noticeable changes in Earth’s environment, at least for the short term. NASA researchers are using satellite and ground-based observations to track these impacts on...
Mobile data traffic set for 6,5-times growth in sub-Saharan Africa
Mobile data traffic in Sub-Saharan Africa is estimated to grow by almost 6,5-times the current figures, with total traffic increasing from 0,87EB per month in 2020 to 5,6EB by 2026. Meanwhile, average traffic per smartphone is expected to reach 8,9GB over the forecast...
SA hit by wave of RDP attacks
There has been a worldwide, involuntary shift to relying on digital platforms and tools to work and carry out other aspects of our lives over the past year. The new stay home, stay safe way of living has resulted in organisations adjusting their corporate networks and...
How quickly does it take to notice the WiFi is down?
It takes less than five minutes for users to notice that their Internet service is not working, and to start complaining. Comparethemarket.com carried out an experiment to reveal just how dependent we are on the internet, and how long it takes for us to freak out if...
More US agencies were hit in network hack
News that some US government departments were hacked has been confirmed, and the hackers have been identified as Russia. It's now known that the State Department, the Department of Homeland Security and parts of the Pentagon have been compromised, although it's now...
Sub-Saharan African businesses are optimistic about 2021
Purchasing Managers Index (PMI) reports released by IHS Markit in the first week of December shows that sub-Saharan African companies are optimistic about the improvement in business activity during 2021. PwC expects the Sub-Saharan African economy to return to growth...
AI software growth falls short of expectations
The overall artificial intelligence software market -- despite ballooning to $37-billion by 2025 -- will fall below current investor projections of $150-billion to $200-billion for the same time period. Within the AI software market, AI application growth will be...
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