IT, business services to stay resilient
Spending on IT and business services in Europe is expected to increase by 5,3% year on year in 2023 to reach $320,8-billion. The compound annual growth rate (CAGR) during the 2023-2027 period is forecast to be 5.6% for the Western Europe (WE) and 5,8% for Central and...
Massive growth forecast for AR/VR
According to International Data Corporation's (IDC) Worldwide Augmented and Virtual Reality Spending Guide, European augmented reality and virtual reality (AR/VR) spending will reach $1,1-billion and $3,4-billion, respectively, in 2023. By 2027, AR/VR spending will...
SA bosses still don’t buy into flexible working
Even though 93% of South African IT decision-makers agree that technology increases employee productivity, almost 80% still believe that their employees are more productive in a central office environment as compared to working remotely. This is according to a new...
10,9% growth for converged systems
Worldwide converged systems market revenue increased 10,9% year over year to $3,9-billion during the second quarter of 2019 (2Q19), according to the International Data Corporation (IDC) Worldwide Quarterly Converged Systems Tracker. "The value proposition of converged...
Social software, collaboration revenue set to double
The worldwide market for social software and collaboration in the workplace is expected to grow from an estimated $2,7-billion in 2018 to $4,8-billion by 2023, nearly doubling in size, according to Gartner. "The collaboration market is the most fragmented and...
Commonwealth makes gender equality progress
A new Commonwealth paper finds "impressive improvements" in women's access to maternal health, enrolment in primary school and participation in the workforce. The technical paper was released at the 12th Women's Affairs Ministers Meeting in Nairobi, Kenya. Findings...
High net worth investors look offshore
Given the protracted political and economic uncertainty in South Africa, many high net worth investors are looking to move 50% or more of their investable assets offshore. This is the word from Kerry Fynn, CEO of AlphaWealth, who says some have lost faith in 'SA Inc',...
Cell C points to positive quarter
Cell C has reported that its turnaround initiatives reflect an 18% increase in EBITDA during the past three months. The mobile operator released its annual financial results up to end May 2019, plus another quarter of results up to end August 2019, highlighting the...
Coindirect launches brokerage-style crypto platform
Cryptocurrency platform Coindirect has launched a brokerage system aimed at traders looking to do large volume cryptocurrency transactions. It believes that the "over-the-counter" (OTC) model, introduced this month, is a first in South Africa. Nic Haralambous, chief...
Facebook opens accelerator programme to Africa
Facebook is inviting applications for the third edition of its London accelerator programme, which is open for the first time to startups from Africa. The programme is designed for startups from across Europe, the Middle East and Africa (EMEA) that are creating impact...
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