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...

Deep learning improves earthquake forecasting

A research team is aiming to shake up the status quo for earthquake models. Researchers from the Universities of California at Berkeley and Santa Cruz, and the Technical University of Munich have released a paper describing a new model that delivers deep learning to...

Stokvels show resilience despite tough economy

South African stokvel savers have proved resilient, with FNB revealing that its customers' stokvel net deposits have increased by 42%. Since November 2019, FNB stokvel customers have continually increased saving via a stokvel surpassing the R8,3-billion mark in total...

China’s smartphone market narrows decline

According to the IDC Quarterly Mobile Phone Tracker, 87,8-million smartphones were shipped in China during the second quarter of 2020, down 10,3% year-on-year. Evidently, consumer sentiment was a challenge but this was still a narrower figure compared to the first...

Employees need support for remote working

As businesses try to overcome the uncertainty of the past few months, they have been forced to work remotely to maintain business continuity. An IQbusiness survey aims to understand the current landscape in which many South African professionals find themselves....

CFOs key in driving digital transformation

As digitalisation gathers traction, the role of the chief financial officer (CFO) is changing - indeed the role itself is being digitalised. This is the word from Arthur Goldstuck, MD of World Wide Worx, presenting the result of the Sage South Africa CFO 3.0 research....

IFIP set to release code of ethics

The International Federation for Information Processing (IFIP) is preparing to launch a code of ethics to serve as an exemplar for ethical behaviour in the ICT sector. This was announced by Moira de Roche, non-executive director of the Institute of Information...

Unused smartphones could have R1bn value

South African consumers are sitting on a goldmine - their unused smartphones could be worth literally billions. Estelle Nagel, brand marketing manager at Gumtree, comments: "According to ICASA's State of the ICT Sector report, South Africa's smartphone penetration...

There’s an urgent need to address gender imbalances

Although South African women are making great strides within the workplace, corporate South Africa has more work to do to effectively transform boardrooms. The Covid-19 pandemic has further exposed deep-rooted inequalities in social, political and economic systems,...

Start-up launches HIV self-testing platform

Aviro Health, a start-up supported by the University of Pretoria's (UP) technology incubator and accelerator, TuksNovation, has launched a chatbot-based platform that offers people access to HIV self-testing resources, and the information they need to seek treatment...

KZN honoured for outstanding achievement

The winner of the 2020 Stella Clark Teachers Award is Hebert Muzi Gumbi, who teaches Accounting at Mathunjwa High School in Vryheid, KwaZulu-Natal. Every year the University of Cape Town (UCT) honours a high school teacher who has been nominated by a former learner...

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Application Developer at Accenture – Western Cape Cape Town

Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, song, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all...

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ENVIRONMENT:A provider of Tailored Management Software Solutions seeks to fill the critical role of a Senior Solutions Analyst who will be responsible for defining and documenting the best solution to respond to customers' pain points using product and integration...

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