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Mark Zuckerberg Says the Metaverse will Come Costly

Mark Zuckerberg visits Meta’s first ever retail shop. Image sourced from Facebook (Mark Zuckerbeg). Mark Zuckerberg told shareholders on Wednesday that the metaverse project will bleed a lot of money and that some products will not be ready for 15 years. According to Business Insider, the Meta CEO told shareholders that he spent $10-billion on the idea of a virtual world in 2021 alone. “We want to get the hardware to be as affordable as possible for everyone, and make sure the digital economy grows,” Zuckerberg said. Meta currently has 10,000 employees working on the metaverse and wants to hire an additional 10,000 to work on the project. The giant company also announced that it is holding up on hiring, so the plans to push this project forward might be delayed further. Zuckerberg re...

Why Data Science Should Be Accessible to Everyone

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Nokia to Use Oracle Cloud HCM to Manage HR Processes

Image sourced from Wikimedia Nokia has selected Oracle Fusion Cloud Human Capital Management (HCM) to enhance and replace its Human Resources systems in the cloud as part of its global digitalisation program. Nokia will use a worldwide deployment of Oracle Cloud HCM to manage all HR processes, including recruitment, compensation, and performance management, for the company’s global workforce in its 130 countries of operation. In 2021, Nokia launched its ‘One Nokia Digital’ strategy to support the company’s competitiveness by digitalising its operations. As part of these efforts, Nokia will replace its on-premises HR systems with Oracle Cloud HCM. The telecommunications company has selected Oracle Cloud HCM for its ability to standardise HR processes on a common data platform, which will en...

Telkom Business’ izwe.ai Brings Multilingual Translation Services to SMMEs

Image sourced from News24 Telkom Business, in collaboration with Enlabeler, has introduced izwe.ai, an artificial intelligence-driven transcription and translation platform that provides businesses with speech-to-text services to create a cost-effective and convenient communication experience for SMMEs.  Transcription and translation  Through izwe.ai businesses can engage directly with multilingual transcription and translation services. The platform allows SMMEs to eliminate the manual work by automatically transcribing and translating important information into text with a high level of accuracy. “Every business needs digital tools to remain competitive and you cannot think about digital without mentioning AI. Through this platform, the aim is to enable several different speech...

Why the Edge and AI Make a Good Partnership in Smarter Computing

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How Digital Thinking is Unlocking 4IR Revolution

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IBM Announces Real-Time AI for Transaction Processing

Image sourced from mobileworldlive.com On Thursday, IBM an international tech company, announced IBM z16, a Telum processor that allows clients to infuse AI inferencing for real-time insights. This innovation is designed to enable clients to analyse real-time transactions, at scale — for mission-critical workloads such as credit card, healthcare, and financial transactions. IBM z16 also is specifically designed to help protect against near-future threats that might be used to crack today’s encryption technologies. “IBM z16 is an essential component for organisations across the African continent as they accelerate their digital transformation journey. By simplifying hybrid cloud adoption, modernizing applications, and keeping data safe, encrypted, and resilient – clients can have the cloud ...

Rwanda Launches Africa’s First Centre of the Fourth Industrial Revolution

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The 3 Signs of a Great AI Solution

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Cell C Partners with GirlCode to Develop Coding Skills in SA Youth

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The 2 Challenges that SA’s “Culture of Digitalisation” Faces

Image sourced from Harvard Business Review. Technology is only successful if it is used. And today, business leaders in companies around the world need to shift from a tech-centered view of digitalisation and start considering how to nurture a culture that embraces technology wholeheartedly. This shift is becoming increasingly urgent because mobilising teams, channeling resources, and accelerating learning and development doesn’t happen overnight, but on the other hand, disruption can strike fast. It’s better to be ready and adaptable to the future, both resource-wise and also culturally, than risk being unable to compete. Many early adopting businesses are already some way down this path, for instance automating processes to improve product and service experiences, maintain business conti...

3 Technologies that are Reshaping the Banking Industry in Africa

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