Africa tipped to be fastest growing fintech region
Financial technology revenues are projected to grow six-fold from $245-billion to $1,5-trillion by 2030, according to a new report released by Boston Consulting Group (BCG) and QED Investors. Despite fintechs losing more than half their market value on average in...
Cybercriminals targeting crypto users
Kaspersky has unearthed a phishing campaign targeting cryptocurrency users across the globe. The scheme showcases the ever-evolving tactics used by cybercriminals and reflects cryptocurrency's increasing appeal. During the European spring (March to May) of 2023 alone,...
Surprising growth in industrial 3D printing
Shipments of Industrial 3D printers priced at more than $100 000 were up by +8% in Q3 2019 compared to the same period the previous year. This key sector - which accounted for almost 70% of all 3D printer revenues for the period - saw even more impressive shipment...
Parking meter sensors on growth trajectory
The installed base of wirelessly connected in-ground and surface-mounted parking sensors reached 1,3-million worldwide in 2019, according to Berg Insight. Growing at a compound annual growth rate (CAGR) of 19,9%, this number will more than double by 2023. Europe and...
Two submarine cable breaks impact international connectivity
Infrastructure provider Openserve today confirmed that it has been liaising with both the WACS and SAT3/WASC undersea cable consortiums in order to determine the loss of service on both submarine cable systems. The WACS and SAT3/WASC cable systems are deployed in the...
The past decade was Earth’s warmest ever
Earth's global surface temperatures in 2019 were the second warmest since modern recordkeeping began in 1880, according to independent analyses by NASA and the National Oceanic and Atmospheric Administration (NOAA). Globally, 2019 temperatures were second only to...
Cyber attacks the top risk for SA businesses
Cyber-security attacks are once again the top risk faced by South African businesses, according to the ninth Allianz Risk Barometer 2020. Cyber incidents (46% of responses) ranks as the most important business risk in South Africa for the fourth time since the launch...
Global IT spend to reach $3,9trn in 2020
Worldwide IT spending is projected to total $3,9-trillion in 2020, an increase of 3,4% from 2019, according to the latest forecast by Gartner. Global IT spending is expected to cross into $4-trillion territory next year. "Although political uncertainties pushed the...
Retailers look to hybrid cloud
The vast majority of retailers (87,5%) have identified hybrid cloud as the ideal IT operating model. These are among the retail industry findings of Nutanix's second Enterprise Cloud Index Report, measuring retailers' plans for adopting private, hybrid and public...
Why Google’s Pointy acquisition is significant
On 14 January Google published a blog post announcing its acquisition of Pointy, a start-up based in Dublin, Ireland, that lets bricks-and-mortar stores make their products discoverable online. GlobalData technology editor Lucy Ingham comments: "The deal, which is...
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