AI companies dominate the unicorn club
Last year, fewer than 100 companies joined the global unicorn club - the lowest number since 2017 and a steep drop compared to 2022 and 2023, which saw hundreds of private startups valued at $1-billion or more. Still, in a year that showed becoming a unicorn is much...
Tech industry most geopoliticised in the world
The global supply chains organised to optimise profit and speed - which shaped international trade and delivered benefits to both producers and consumers for two decades under globalisation - have now been twisted out of shape, with the global economy facing...
Asset tokenisation to drive blockchain revenue boom
The blockchain industry, although volatile and nascent, has made significant progress in a short span of time, driven by remarkable innovation. Global blockchain platform and services revenue is set to grow from $12-billion in 2023 to $291-billion in 2030. This growth...
Wearables set for rebound
The wearable devices market declined 0,9% YoY in the fourth quarter of 2023 (4Q23), says IDC, adding that despite improved economic conditions, mature markets such as the US, Western Europe and Japan recorded declines in 4Q23 due to muted demand, tough comparisons...
Microsoft boosts AI healthcare market
Microsoft's recent announcement that it will be further integrating artificial intelligence (AI) into its applications is expected to contribute significantly to the 31% CAGR in the AI healthcare space between 2022 and 2027, says research group GlobalData. In the last...
Strong momentum for security spend in Europe
European security spending will grow by 12,3% in 2024, marking another year of strong momentum with double-digit growth, according to IDC's Worldwide Security Spending Guide. Spending in the region is expected to increase at a steady pace throughout the whole 2022 to...
Illegal cigarettes cost SA billions
South Africa has been losing billions of rands on illegal cigarettes - more than R100-billion since 2010. New research from University of Cape Town (UCT) academics Dr Nicole Vellios and Professor Corné van Walbeek says that in 2022 alone, the government lost...
Capacity building support, training for Lesotho ESOs
Tshimologong Precinct welcomed 14 Enterprise Support Organisations (ESOs) from Lesotho for the ESOs second cohort Capacity Building Programme. The programme is for the Government of Lesotho, through the Competitiveness and Financial Inclusion (CAFI) Project under the...
A call to rethink data protection in today’s threat landscape
Today's cyber threat landscape is constantly evolving, posing significant data challenges, and placing organisations under immense pressure to safeguard their business, whether from internal or external attacks. By Modeen Malik, principal systems engineer at Commvault...
How to navigate the cryptocurrency security maze
In an era where the allure of cryptocurrencies captivates the imagination of the global market, the double-edged sword of the decentralised and unregulated nature of these digital assets presents opportunities and significant security challenges for businesses. This...
A fake doctor’s note could cost you your job
It's the law: if you are absent from work for more than two consecutive days, or more than twice within eight weeks, you have to provide a doctor's note to your employer, according to the Basic Conditions of Employment Act (BCEA). Some employees, however, think...
Don’t let innovation be a casualty of rapid digital transformation
While there is no doubt that banks around the world fast tracked their digital transformation plans as a result of the pandemic, a report from Accenture posits that the rapid growth in digital services may have negatively affected innovation in the sector. In order to...