IBM, Fermilab partner on quantum initiatives
The addition of IBM as a new partner in the Superconducting Quantum Materials and Systems Centre, a DOE National Quantum Information Science Research Centre hosted by Fermilab, has been approved by the US Department of Energy Office of Science, Science Programs. As a...
ICT leads as SA hits R3bn in VC investments
In 2023, South Africa's venture capital performance defied the downward trend in annual deals seen since 2020, with the information and communication technology (ICT) sector once again stealing the show. This was one of the key insights to emerge from this year's...
Asia sees fastest AI growth
Although the US is home to the world's largest artificial intelligence (AI) giants, Apple, Microsoft, Nvidia, Alphabet, Meta, and Tesla, which continue shaping the global AI landscape, the US artificial intelligence industry is not the largest or the fastest growing....
UN Global Compact, AU Commission partner to boost African business
The United Nations Global Compact and the African Union Commission will partner up on the Global Africa Business Initiative (GABI). Through this collaboration they will seek to amplify the impact of sustainable business practices across Africa through the UN Global...
African Development Bank approves R18,85bn for Transnet recovery
The African Development Bank Group has approved a R18,85-billion corporate loan to Transnet for its recovery and growth plans. The 25-year loan approved by the bank group's board of directors is fully guaranteed by the government of South Africa. It will facilitate...
NetScout expands IT observability at the edge
NetScout has introduced its new suite of Business Edge Observability products, including the nGenius Edge Sensor and Remote InfiniStreamNG solutions to deliver IT observability for remote locations at the digital edge. As the prevalence and importance of...
Mimecast debuts Human Risk Management platform
Mimecast has launched its Human Risk Management (HRM) platform, in response to customer and market demand for a more effective means of mitigating risk brought on by employee mistakes and user errors. The platform will provide visibility into an organisation's risk...
Absa enhances digitally-powered financial solutions in Africa
Absa Group is extending pivotal partnerships in the digital space, with enhanced features such as advanced machine learning algorithms and improved data analytics. "We are strengthening our digital offerings across all segments and using advanced analytics to enhance...
Standardisation helps to bullet-proof OT security
South Africa is not being spared the scourge of cyberattacks on operational technology (OT) networks. As recently as 22 June, the National Health Laboratory Service was hit by a ransomware attack that blocked communications between its information systems, resulting...
Vertiv adds next-generation UPS
As global electricity demand from data centres is expected to double by 2026 - largely driven by computing and cooling requirements from AI (artificial intelligence) and HPC (high-performance computing) - it is crucial to have a robust backup power solution to provide...
Heidelberg Mall goes off the grid
Energy Partners (EP) has successfully delivered a 3,2MWp, 3,1MWh hybrid power project for the Futuregrowth Community Property Fund-owned Heidelberg Mall in Heidelberg, Gauteng. The project ensures 24/7 uninterrupted power, significantly reducing total electricity...
Why modern organisations need advanced endpoint security
Security technologies have come a long way from the anti-virus and firewall solutions of the past. As data grows exponentially, traditional security measures are no longer effective. David Herselman, MD of inq South Africa Artificial intelligence (AI) is playing an...