Key genAI announcements affect global IT economies
Key generative AI (genAI) announcements made in recent weeks have the potential to significantly threaten cloud platform rivals and reshuffle the industry's AI ecosystem, while directives by national governments will impact global IT economies. This is according to...
Mobile a bright spot for Telkom
Telkom has reports group revenue up 3,8% to R10 668-million for the quarter ended 30 June 2023. Group EBITDA was down 4,2% to R2 235-million. Telkom Mobile saw positive growth, with mobile revenue up 5,2% to R5 448-million This comprises a 6,5% increase in mobile...
Slight decline for MEA PCs
The Middle East and Africa (MEA) personal computing devices (PCD) market, which is made up of desktops, notebooks, workstations, and tablets, suffered a slight year-on-year decline in shipments during the final quarter of 2019, according to industry analysis conducted...
SA still has massive rates of economic crime
The percentage of South African organisations who have experienced economic crime has significantly declined in 2020, returning to levels last seen in 2011, with the rate of reported economic crime has dropped 17 percentage points from 77% in 2018 to 60% this year....
Xerox launches hostile takeover bid for HP Inc
Xerox Holdings yesterday launched a tender offer to acquire all outstanding shares of HP Inc for $24.00 per share, comprising $18.40 in cash and 0.149 Xerox shares for each HP share. "Our proposal offers progress over entrenchment," says John Visentin, vice-chairman...
Alviva weathers tough six months
By Kathy Gibson - Alviva Holdings has experienced a disappointing six months, with revenue down 4% to R7,4-billion, EBIDTA down 8% to R425-million, headline earnings per share down 36% to 94 cents; profit before tax down 41,6% to R178, 98-million and net profit down...
Global smartphone sales dip
Global sales of smartphones to end users contracted in the fourth quarter of 2019, declining by 0.4% year over year, according to Gartner, Inc. In full year 2019, smartphone sales declined by 1%. "2019 ended a little better than expected, due to slightly improved...
Top CX trends for CIOs to watch
Chatbots, virtual assistants and robots drive seamless and effortless experience, and their usage is bound to increase. Gartner predicts that by 2022, 70% of customer interactions will involve emerging technologies such as machine learning (ML) applications, chatbots...
Mixed results for large format printer market
Results from the International Data Corporation (IDC) Worldwide Quarterly Large Format Printer Tracker show that large format printer shipments grew on a worldwide basis in the fourth quarter of 2019 (4Q19). "Shipment growth in the Europe, Middle East, and Africa...
Positive month for vehicle sales
While South Africa's Budget Speech may only have an impact on new vehicle sales during March, the market seemingly reacted positively to it during February. In January, WesBank had forecast the market to decline 3,5% this year, and the second month of the year will...
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