Banks expect to hand decisions to AI – even if they can’t explain them

Banks are racing toward a future where AI no longer merely informs key credit, treasury, and risk decisions – it makes them autonomously. Yet AI governance is not keeping pace with adoption, according to new AI risk research by FT Longitude, SAS and Microsoft. Even as...

Mankind’s first journey to another star set for 2029 launch

Plans are underway for mankind’s first journey to another star – a trip that is expected to take about 80 000 years. The Fermi Explorer Mission, a nonprofit organisation, hopes to set off for Alpha Centauri by 2029. The more than 40-trillion kilometre journey is...

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...

Axiz is 2023 Channelwise Distributor of the Year

Axiz has been selected as South Africa’s favourite IT distributor, scooping the 2023 Channelwise Distributor of the Year Award by a comfortable margin. The award is made to the distributor who garnered the most votes in the annual Channelwise survey, where resellers...

Syntech reclaims Customer Care crown

Syntech Distribution has reclaimed the Customer Care Distributor of the Year Award at the 2023 Channelwise Awards. The awards, voted for by reseller partners, goes to the distributor that offers resellers the best value-added services. Resellers pick their favourite...

Calling young innovators …

Applications have opened for the Global Young Innovators Programme, a free programme offered to 60 of the best and brightest young innovators and entrepreneurs in South Africa and the UK to come together to tackle some of the world's biggest challenges. Aimed at 18-30...

Blockchain could boost economy as it raises trust

Blockchain technology has the potential to boost global gross domestic product (GDP) by $1,76-trillion over the next decade. That is the key finding of a new PwC report "Time for trust: The trillion-dollar reason to rethink blockchain", which assesses how the...

Millennials prefer bitcoin to gold as a safe-haven

Millennials prefer bitcoin to gold as a safe-haven asset, according to a poll by deVere Group, as the cryptocurrency this week peaked at an all-time high of $19 864. More than two-thirds (67%) of the 700-plus millennial clients surveyed said that they think bitcoin...

Black Friday 2020 spend dropped by more than half

Consumers' pockets were evidently under strain this Black Friday as sales fell behind 2019's figures. The total transaction volumes plunged by -33% and values by -52% year-on-year. Most of the South Africans who splurged used their credit cards. "The usual midnight to...

Enabling policies awaited after 4IR report

The Presidential Commission Report on the 4th Industrial Revolution makes several strategic recommendations, but it needs to be followed by agile policy and regulation, writes Ziyanda Ngcobo, senior associate at Webber Wentzel. The Presidential Commission on the 4th...

More security sought as web conferencing soars

Months into the Covid-19 pandemic, 81% of businesses are using business chat apps such as Slack and Microsoft Teams in 2020, a significant increase from 67% in 2019. This is among the findings of a Spiceworks Ziff Davis research study, Workplace Communications Trends...

As travel restrictions ease, global gap remains

The number of destinations closed to international tourism has continued to fall. According to the eighth edition of the UNWTO Travel Restrictions Report, 70% of all global destinations have eased restrictions on travel introduced in response to the Covid-19 pandemic....

One in 10 businesses sell your personal data

Customer data is a valuable commodity to businesses, which they use to improve and market their products. However, some companies profit from selling your data to other businesses. According to data presented by the Atlas VPN team, one in 10 businesses globally sell...

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