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...

Africa moves from AI ambition to action

AI has moved from potential to proven economic value and while ambition setting is near universal across economies, execution speed is the differentiator, according to Boston Consulting Group’s The AI Maturity Matrix 2026: AI Is Transforming How Economies Develop and...

The shocking reality facing jobseekers

Of the 867 706 people who registered looking for entry-level work in retail, restaurants and quick-service outlets over a 13-month period, just 6 566 were appointed - approximately one in every 132 – and between them, they sent nearly five million applications. The...

Salaries, private pensions outperform August 2022

Further boosting July's growth, the average take-home pay tracked in the BankservAfrica Take-home Pay Index (BTPI) rose again in August 2023, surpassing the levels reflected last year. The latest data also reflects some good news for the local job market in Q3. "The...

Merc gears up for next-gen platform with Nvidia

Mercedes-Benz is using digital twins for production with help from Nvidia Omniverse - a platform for developing Universal Scene Description (Open USD) applications to design, collaborate, plan, and operate manufacturing and assembly facilities. Mercedes-Benz's new...

July the strongest month this year for Euro channel

The European IT channel ended the quarter with 7.3% year-on-year value growth and the highest revenue-earning week since the start of the pandemic, according to new data from IT market intelligence company Context. Context has been tracking weekly performance for...

Just 17% of supply chain leaders are women

While supply chain organisations deal with the impacts of the coronavirus pandemic, they still pursue gender equality goals. According to Gartner, Inc.'s 2020 Women in Supply Chain Survey among 177 supply chain professionals, 17% of chief supply chain officers (CSCOs)...

Technology key in shaping an uncertain future

Kathy Gibson is at Deloitte Tech Trends Africa - There has never been a time when the role of the technology leader has been so pivotal in shaping the future of organisations. That's the word from Kevin Govender, CIO programme leader at Deloitte Consulting Africa,...

Covid-19 demands business strategy reset

As the phases of the Covid-19 pandemic progress, business leaders must reset their strategy and build resilience, according to Gartner, Inc. It is crucial for senior leaders to make strategic decisions that will lead them to a renewed future state. Gartner refers to...

New standard enables next-generation video compression

The new Versatile Video Coding (VVC) standard advances the state of the art of video compression and has unprecedented application versatility. It has the flexibility to enable emerging applications such as 360-degree omnidirectional immersive multimedia, remote...

SARB expected to hold interest rates steady

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) meets again on 21 to 23 July to discuss policy matters. By Lullu Krugel, chief economist for PwC Strategy& Africa, and Dr Christie Viljoen, PwC Strategy& economist The central bank lowered...

Bolt launches new low-cost category

Ride-hailing platform Bolt has launched a new low-cost category called Bolt Go, which aims to be the cheapest ride-hailing service in South Africa. The addition of the new low-cost category, with fares approximately 20% less than regular Bolt rides, is expected to...

Pandemic tempers growth in AR/VR spend, but outlook is positive

Growth in worldwide and European AR/VR spend will decline in 2020 compared to the pre-Covid-19 forecast scenario according to the June release of the International Data Corporation (IDC) Worldwide Augmented Reality (AR) and Virtual Reality (VR) Spending Guide. Marked...

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Agile Master LW0154

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