SA spending spree expected on Black Friday and during festive season
Just over 90% of South African buy now pay later (BNPL) customers plan to spend more online this festive season than last year, while 78% plan to shop on Black Friday, according to a survey of more than 1 600 customers by Payflex. "Our customer base has more than...
Another strong year of growth ahead for the IT channel
Revenue growth for European IT distributors in 2022 is forecast to stand at an impressive 3,7% versus the previous year - excluding telecoms - according to research group, Context. The figures represent an increase on the 3,2% year-on-year (YoY) growth predicted at...
SA-based blockchain to support ticketing app
South African-based blockchain protocol Tari expects to be leveraged by Big Neon, a new company developing a blockchain-enabled platform to modernise the ticketing industry. Big Neon plans to use the Tari digital assets protocol to manage the issuance and resale of...
Blockchain brings trust to how companies, consumers and cars connect
A new IBM study estimates that 62% of automotive executives believe blockchain will be a disruptive force in the auto industry by 2021. However, the research also finds that only a small percentage of OEMs and suppliers are currently ready for blockchain or have a...
Retailers could be in for a bleak Xmas
While more South Africans participated in the Black Friday shopping event in 2018 compared to the preceding year, the average spend per consumer dropped noticeably. Lullu Krugel, Christie Viljoen, Maura Feddersen and Genevieve Frydman, PwC Strategy& economists,...
Are bots listening in to your earnings calls?
Your investors can use natural language processing and sentiment analysis to detect hidden sentiment on earnings calls. Tim Raiswell, vice-president: research and agenda manager for the Gartner Financial Strategy Initiative, outlines what companies should know....
Election uncertainty stymies GDP growth in Africa
Most African countries have a positive economic outlook, apart from those with upcoming elections, according to ICAEW's (the Institute of Chartered Accountants in England and Wales) latest report. In Economic Insight: Africa Q4 2018, the accountancy body provides GDP...
Massive growth for enterprise storage
According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Storage Systems Tracker, vendor revenue in the worldwide enterprise storage systems market increased 19,4% year over year to $14-billion during the third quarter of 2018 (3Q18). Total...
SA students take on global supercomputing challenge
Alongside the annual Centre for High Performance Computing (CHPC) conference, which took place in Cape Town from 2 to 6 December 2018, the Student Cluster Competition and the Student Cyber-Security Challenge provided a platform for South African students to showcase...
UCT team in immune system breakthrough
The way the immune system remembers prior exposures to, for example, pathogens (micro-organisms like bacteria, causing infection), to trigger the right response to reinfection has been detailed for the first time. The study was published in Nature Genetics on 10...
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