Educational robot market to hit $5,55bn by 2030
The global educational robot market size is expected to reach $5,55-billion by 2030, growing at a CAGR of 24,8% from 2023 to 2030, according to a new study by Grand View Research. The growth in the market can be attributed to the increasing preference for interactive...
European IoT spending to approach $227bn in 2023
European organisations are expected to spend around $227-billion on Internet of Things (IoT) technology in 2023, according to the Worldwide Internet of Things Spending Guide published by International Data Corporation (IDC). IoT-related spending is expected to...
All the findings from the Competition Commission’s Data Services Market Inquiry
On Monday, 2 December 2019, the Competition Commission published the final report in relation to its Data Services Market Inquiry. By Lerisha Naidu, partner, Ryan McKerrow, candidate attorney, and Kirsty Gibson, candidate attorney in the competition and antitrust...
Enterprise IoT drones shipments set for 50% growth
In 2020, worldwide shipments of Internet of Things (IoT) enterprise drones (defined as flying drones) will total 526 000 units, an increase of 50% from 2019, according to Gartner. Global shipments are forecast to reach 1,3-million units by 2023. "The construction...
Businesses are shifting to online software purchasing
A new survey shows that more than 80% of organisations no longer use the calendar to time their enterprise software solution purchases. The results of the survey, conducted by Futurum Research and sponsored by SAP, identify industry shifts in business-to-business...
Virtual reality helps to relieve pain for hospitalised children
Lenovo has previewed results from a new global survey that shows people believe in the potential of immersive technologies to positively impact our health, with virtual reality (VR) being used in some hospitals in place of general anesthetics to alleviate pain for...
Google founders Page and Brin step down
Google co-founders Larry Page and Sergey Brin are stepping down, with Google CEO Sundar Pichai set to become Alphabet CEO as well. Page was Alphabet's CEO and Brin its president. They announced their intention to depart their posts this week. "With Alphabet now...
Card activity up 16% on Cyber Monday
Cyber Monday closed out a very busy and active retail trading week for many South African retailers and consumers. According to Standard Bank, Black Friday transactions increased by 13% year on year, while Cyber Monday transactions grew by a 16% on a year on year...
Black Friday shows SA marker maturity
The numbers and trends of Black Friday 2019 point to a more mature market and an industry that was better prepared. This is according to DPO South Africa, which expects Black Friday to see significant growth in the rest of Africa next year. "It is clear that Black...
SA economy sees quarterly contraction
Statistics South Africa (StatsSA) reports that the South African economy contracted in the third quarter of 2019. Lullu Krugel, PwC Strategy& chief economist for Africa, and Christie Viljoen, PwC Strategy& economist, unpack the numbers. Real gross domestic...
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