Turn vision into reality with the right AI strategy

Kathy Gibson reports from Dell Technologies Forum in Johannesburg - Today's leaders aren't asking whether to adopt AI, they're asking how to turn it into outcomes the business can see. And South African companies can no longer afford to take a wait-and-see attitude to...

Gloomy outlook for global economies as geopolitical tensions worsen

Coface’s latest risk review, Rates Against the Machine, has confirmed what the world dreaded just a few months ago has come to pass – rather than improve, the geopolitical situation has deteriorated once again. This, Coface says, puts upward pressure on commodity...

Banks are still missing the links between fraud and money laundering

Financial institutions are increasingly integrating their fraud and anti-money laundering (AML) systems, but intelligence and governance gaps remain. New fraud and AML convergence research from Datos Insights, commissioned by data and AI leader SAS, finds 86% report...

How can SA plug the ICT skills gap?

Kathy Gibson reports from the IITPSA Workforce Conference – While South Africa records the highest unemployment rate in the world, there is still a dire shortage of critical IT skills. Presenting the IITPSA IT Skills Survey, Lehlohonolo  Mokenela, MD of Africa...

Vodacom, Eskom in historic virtual wheeling agreement

Vodacom has signed a virtual wheeling agreement with Eskom which, it says, will help accelerate efforts to solve the country's energy crisis. In addition to adding capacity to the nation's power grid, the agreement will also play a significant role in moving Vodacom...

UJ team takes July honours in JSE Investment Challenge

The University of Johannesburg's VK 29 MMS team emerged as the July monthly winner of the JSE Investment Challenge under the Speculator Portfolio of the University competition. Team members Madoda Hlatshwayo and Sebolaishi Manamela Manamela demonstrated their...

Taiwan chipmaker to open US plant

Taiwan Semiconductor Manufacturing will build a chip factory in the US. The new factory will most likely produce chips for smartphones and similar devices. The factory, which will be built in Arizona, will employ about 1 600 people directly. It should be operational...

Smartphone sales relatively strong, despite lockdowns

Smartphone shipments across EMEA dropped by 8% year-on-year in the first quarter as countries across the region began to respond to the spread of coronavirus and lock down local economies. In total, companies shipped 76,9-million smartphones in 1Q20. "Considering the...

Cloud the bright spot in IT outlook

Worldwide IT spending is projected to total $3,4-trillion in 2020, a decline of 8% from 2019, according to the latest forecast by Gartner. The coronavirus pandemic and effects of the global economic recession are causing CIOs to prioritise spending on technology and...

Paying ransomware doubles the cost of recovery

Paying cybercriminals to restore data encrypted during a ransomware attack is not an easy and inexpensive path to recovery. In fact, the total cost of recovery almost doubles when organizations pay a ransom, according to global survey from Sophos, "The State of...

LTE, 5G spending set to soar

Driven by increasing demand from branch, mobile, and Internet of Things (IoT) customers, International Data Corporation (IDC) expects LTE routers to experience double-digit growth in 2020. 5G wireless routers will add to this year's forecast, supported by initial...

Storage to continue strong growth trajectory

Despite the dramatic decline in worldwide IT spending brought on by the Covid-19 pandemic, International Data Corporation (IDC) expects the Global StorageSphere - the worldwide installed base of storage capacity - will continue to expand. In a new update to its Global...

Altron boosts EBITDA and revenue

Altron has announced an increase in EBITDA of 14% to R1,8-billion in the year to end February, while revenue increased 6% to R16,7-billion during the same period. Headline earnings per share from continuing operations were up 2% to 182 cents while basic earnings per...

Datatec anticipates increased earnings

Datatec has published a trading statement for the financial year ended 29 February 2020, alerting shareholders it expects all earnings per share metrics for the period to be more than 20% higher than the reported earnings for FY19. underlying earnings per share is...

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