Spending on GenAI solutions set to double in 2024, hitting $151bn in 2027
An updated forecast from International Data Corporation (IDC) shows that enterprises will invest more than $19,4-billion worldwide on GenAI solutions in 2023. This spending, which includes GenAI software as well as related infrastructure hardware and IT/business...
Semiconductor market set to recover in 2024, with 20% growth
According to IDC’s latest research, with the global demand for artificial intelligence (AI) and high-performance computing (HPC) exploding, coupled with the stabilizing demand for smartphones, personal computers, infrastructure, and resilient growth in automotive; the...
Full hybrid electric vehicle market to peak at $792bn
Hybrid electric vehicles (HEVs) have seen significant growth in sales over recent years, and the HEV market is set to increase in 2020 despite the implications of Covid-19 on the global automotive industry. According to IDTechEx, HEVs or self-charging hybrids (hybrids...
Nvidia posts 37% spike in gaming revenue
During its fiscal year's third quarter, NVidia posted a commendable performance driven in part by its gaming segment. According to the research data analysed and published by Stock Apps, its overall revenue totaled $4,73-billion, its highest quarterly revenue ever....
Bitcoin’s trading volume higher than Apple, Microsoft, Amazon combined
Data presented by Crypto Parrot indicates that Bitcoin's 30-day average daily trading volume stands at $39,1-billion, which is more than the US top five companies with $37,68-billion in 30-day average daily trading volume. The companies include Apple, Amazon,...
Land ecosystems are becoming less efficient at absorbing CO2
Land ecosystems currently play a key role in mitigating climate change. The more carbon dioxide (CO2) plants and trees absorb during photosynthesis, the process they use to make food, the less CO2 remains trapped in the atmosphere where it can cause temperatures to...
Business resiliency key goal for networking in 2021
Businesses around the world experienced unprecedented long-term disruption to their operations almost overnight due to the Covid-19 pandemic. Cisco's 2021 Global Networking Trends Report: Business Resilience Special Edition identifies resiliency as the ability for a...
SolarWinds eliminates embedded malware
SolarWinds says it has purged the malware responsible for recent attacks on US government departments. The attack, which is believed to be the work of Russian hackers, is known to have hit the US State Department, the Department of Homeland Security and parts of the...
APT malware strikes vaccine research
Kaspersky researchers have identified two APT incidents that targeted entities related to Covid-19 research - a Ministry of Health body and a pharmaceutical company. Kaspersky experts assessed with high confidence that the activities, which were uncovered about three...
Slow growth for converged systems
According to the International Data Corporation (IDC) Worldwide Quarterly Converged Systems Tracker, worldwide converged systems market revenue grew 0.3% year over year to $3.9 billion during the third quarter of 2020 (3Q20). "The overall converged systems market...
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