Robotics industry to pass $500bn mark in 2030
Robots have not taken over the world yet, but there will definitely be a lot more of them by the end of the decade. GlobalData forecasts that the robotics industry will pass the $500-billion mark in 2030, after a decade of growing at double-digit rates. That is an...
Financial services face higher ransomware recovery costs
Financial services organisations that have been hit by ransomware face more than $2-million in recovery costs. These are among the findings from Sophos's survey report, "The State of Ransomware in Financial Services 2021," showing how mid-sized financial services...
Cyber-breaches lead to real loss of business
The risk of customers shunning a brand that has suffered a cyber-attack is very real, according to a recent study by Centrify. Results of the study reveal that 66% of adults in the US are at least somewhat likely to stop doing business with a company that has suffered...
Growth depends on the energy sector
With massive power shortfalls across the continent, Africa must look to increased generation, alternative energy and better grid management for economic growth. Electricity consumption and economic development are closely linked; growth will not happen without...
SD-WAN market set for takeoff
Software-defined networking is taking the next evolutionary step as SD-WAN - uniquely optimized to cost-effectively meet the growing requirements of cloud computing - becomes an increasingly viable option within the enterprise. A special study from International Data...
MyBucks uses cloud, AI to reach Africa
MyBucks believes it is the only fintech business in Africa to make use of credit technology supported by an in-house artificial intelligence (AI) team. MyBucks is a German-listed FinTech company that holds three brands - GetBucks, GetSure and GetBanked - and says its...
Modest growth for China’s thin clients
IDC's latest data shows thin client shipments in China reached 184 000 units in 2016Q1, up by 1,7% year-on-year, while sales revenues stood at $48,3-million, up by 1,9% year-on-year. While these numbers are modest, they are noteworthy compared with the lacklustre...
World IT spend remains flat
Worldwide IT spending is forecast to be flat in 2016, totaling $3,41-trillion. The Gartner forecast is up from last quarter's expectation of negative 0,5% growth, and has changed mainly due to currency fluctuations. "The current Gartner Worldwide IT Spending Forecast...
IT infrastructure spend bucks the trend
Despite the prospect of flat IT growth this year, the total spend on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud environments will increase by 15,5% in 2016 to reach $37,1-billion. According to the latest...
Smart TVs pass the tipping point
An important milestone was passed in early 2016: more than half of TV sets shipped globally in first quarter 2016 were smart TVs. The acceleration in the uptake of Internet-connected TVs was led by China, where four out of five TV sets shipped with smart...
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