AI takes centre stage in financial industry
The financial services industry is undergoing a significant transformation with the adoption of AI technologies, according to Nvidia's fourth annual State of AI in Financial Services Report. The report reveals that an overwhelming 91% of financial services companies...
Big drop for global semiconductor revenue in 2023
Worldwide semiconductor revenue in 2023 totaled $533-billion, a decrease of 11,1% from 2022, according to preliminary results by Gartner. “While the cyclicality in the semiconductor industry was present again in 2023, the market suffered a difficult year with memory...
New vehicle tech will be worth $1,6trn by 2034
Autonomous driving, electric vehicles, connected and software-defined vehicles, and in-cabin monitoring are all megatrends reshaping the automotive industry. Together, these technologies combine to form a $1,6-trillion opportunity by 2034, nearly a 10-fold increase...
Apple grabs smartphone top spot
The last time a company not named Samsung was at the top of the smartphone market was 2010, and for 2023 it is now Apple. A shifting of power at the top of the largest consumer electronics market was driven by an all-time high market share for Apple and a first time...
Human by design technologies supercharge productivity, creativity
New research from Accenture finds the world is in the midst of a massive technology shift, as AI and other disruptive technologies become "Human by Design" - much more human-like and intuitive for people to use - and usher in a new era of unprecedented productivity...
TymeBank reaches profitability in under five years
TymeBank reached its first month of profitability in December 2023, less than five years since launching in February 2019. It is believed to be the first digital bank to break even in South Africa and on the continent. "We are extremely proud of our achievement,...
Gates Foundation announces largest budget ever
The Bill & Melinda Gates Foundation has announced its largest annual budget to date, of $8,6-billion. With global health budgets in decline overall, a portion of the additional funding will go toward advancing global health innovations that will save and improve...
Cybersecurity tips for a happy New Year
Some people may feel down when the long-awaited New Year does not really bring anything new and keeping their resolutions after the holiday is no easier than before it. When it is not yet possible to dramatically change a lifestyle, it can be better to focus on...
Digital transformation and the power of scanning
South African enterprises are facing a growing imperative to adapt and embrace digital technologies in order to remain competitive. One of the key areas of transformation is the transition from traditional paper-based processes to a more streamlined and efficient...
CryptoExpress App users can withdraw cash at ATMs
Global payment company Paycorp has partnered with digital currency payment institution Triple-A to allow CryptoExpress app users to make cash withdrawals at over 3 000 ATMs in South Africa. This gives digital currency holders a simple and practical way to convert...
Exclusive Networks Africa signs up distribution for Proofpoint
Exclusive Networks Africa has signed a distribution agreement with cybersecurity and compliance company Proofpoint, which has been a key vendor across the global Exclusive Networks Group since 2015. The distribution agreement will see Exclusive Networks Africa...
The strategic value of outsourcing in 2024
Outsourcing is more than just catching an expert by the digital tail and swinging them into the enterprise, it's a strategic investment into a long-term collaboration. Outsourcing essential business operations across multiple departments and functions has proven its...