tech news
Global IT Spending on Enterprise Software to See First Drop in 10 Years
Sourced from Buyshares.uk As the Coronavirus pandemic continues to impact different sectors of the global economy, spending on the enterprise software segment under the Information Technology (IT) industry is projected to take a plunge. Most sub-segments under the enterprise software umbrella will witness a decline in spending while essential ones might have an increase. Data obtained by Buyshares.co.uk indicates that in 2020, the global spending will reach $426 billion, the first drop in ten years. Last year, the spending reached an all-time high of $458 billion, translating to a drop of about 6.98% when compared to the projected figures for 2020. Cumulatively between 2009 and the estimates of 2020, the spending on enterprise software will stand at $3.94 trillion. The lowest spending in t...
Investment in Drone Industry Grows to $1.2 billion
By the end of 2019, total investment in the drone industry was a record-high of $1.2 billion, a Year-Over-Year growth of 67% – this is according to the data acquired by Finbold.com. The report indicates that venture capital funding stood at $930 million at the end of last year. VC funding accounts for 68.87% of all drone industry investment The data shows how between 2008 and 2019 funding in the sector stood at $4.43 billion while venture capitalists pumped in a total of $3.46 billion by last year. In general, drone investment through VC represented 68.87% of all funding. There was a significant spike in the investment between 2012 ($42 million) and 2013 ($121 million) with a growth of about 188.1%. Venture Capital funding joined the drone sector by only $2 million in 2010, a figure t...
South African Start-up Goes Global Despite Worldwide Lockdowns
Since launching in South Africa in October 2019, myFanPark has been connecting heroes – ranging from TV personalities, movie stars and musicians, to sporting greats, DJs, comedians and social influencers – with their fans through personalised, video-recorded messages. Now, fans in Germany, Switzerland and Austria are connecting with their favourite celebrities through the platform and soon, fans in India and West Africa will get to do so too. Not only was myFanPark the first of its kind in South Africa, but it was also named as one of the top five most exciting startups in the country by Heavy Chef. To date, traffic to the South African website has grown by 492%, orders have increased by 959% and the number of celebs who have signed up has by 172%, bringing the amount of South African cele...
How Using Cloud Can Increase Security for Remote Working During the Pandemic
Sourced from Tapscape The cloud can enable organisations to quickly scale out enhanced security to a suddenly remote workforce, as part of efforts to ensure business continuity and disaster recovery – this is according to Patrick Grillo, Senior Director and Solutions Marketing at Fortinet. The pandemic had created unique challenges for employers and employees across all sectors around the world, with Varun Kukreja, Senior Program Manager – IT Security MEA, IDC Middle East, Africa, & Turkey, saying securing the teleworker had become a top priority, with some 90% of organisations looking to provide staff with secure access to IT services and applications. The pandemic had also accelerated digital transformation, he says, with an IDC Meta survey interim results revealing that some 56% of ...
CIOs Should Embrace the Opportunities of a Post-lockdown Market
As South Africa enters the tenth week of the nationwide lockdown, the business focus has shifted from enabling employees to work remotely to now planning for what the new normal is likely to look like. This requires CIOs to balance existing organisational priorities with ways of becoming more adaptive to the changing environment. Critical to this is decisive decision-making that positions the business for growth. For small to medium-sized businesses that do not have all the skills in-house to transform their IT environments, decision-makers should consider going the outsourcing route. By partnering with a managed service provider (MSP) that can deliver everything from a cloud-readiness audit through to helping identify the technology gaps that exist between the business strategy and what i...
YouTube’s ‘Chapters’ Roll out on Desktop and Mobile
Sourced from Speechling. YouTube has released its new video chapters feature to all users on desktop, smartphones and tablets. Chapters, the new feature that soft-launched in April, will make it easier to skip to precisely where you want to go in a video, similar to the chapters in a book, or scenes in a movie. Though not to the most ground-breaking or exciting new feature to land on YouTube, they are a welcome, if not overdue quality-of-life feature that will no doubt make the experience easier for many users. On desktop, a video with chapters won’t look different from how videos have always looked. The biggest change is barely noticeable: the red bar used to show video progress will have breaks within it, showing the different chapters, the breaks indicate when the chapters begin and end...
Donald Trump Signs Executive Order Targetting Social Media Companies
Sourced from Deadline. United States President Donald Trump has signed a controversial executive order that could allow federal officials in the US to go after technology giants like Twitter, Facebook and Google over how those companies treat content that appears on their websites. The president, whom The Independent claims, has uttered “thousands of false or misleading statements” since taking office, complained as he signed the missive that social media firms have, what he called, “unchecked power,” adding: “Imagine if your phone company edited or silenced your conversations.” Trump signed the order two days after Twitter, for the first time, placed a link on a pair of Trump’s tweets that guided users to news articles that fact-checked his statements about mail-in-ballots. The Independen...
Playfre Expands Music Streaming Service to the Entire African Continent
Playfre has announced that it plans on expands platform across the entire continent. Before this, Playfre – which launched in May 2019 – was limited to only 18 African countries and before that, only to 5 African countries. With a library of over 50 million songs and 2 million artists, Playfre is currently the largest African music streaming service in terms of catalogue size. It has grown steadily in the past few months; averaging around 250 streams per registered user. According to Playfre co-founder and CEO Chika Nwaogu, music isn’t limited only to the just over 20,000 registered users on the platform – it’s freely available to anyone who downloads the app. Although any visitor outside the continent of Africa who tries to use the service is taken to the “Playfre is currently not availab...
What are PAMM accounts?
Forex is a virtual market, not restricted to any location, be it London or Johannesburg. This trading platform is available 24 hours a day, as the world’s banks operate in different time zones. This is the key difference between Forex and the “traditional” stock exchange. All you need to work on the financial market is a stable Internet connection and access to the platform offered by the intermediary. For most clients, a prime broker represents such a guarantee. All rights and responsibilities of the client and the intermediary are stipulated in the contract. Forex exchange rates change rapidly during the trading day. Positive or negative tendency is shaped by various factors, such as global political changes, economic performance, policy of national financial institutions and...
ATCON Tasks Nigerian Government to Begin Digitizing the Economy
Sourced from the Guardian Nigeria. The Association of Telecommunications Companies of Nigeria (ATCON) has charged the Federal Government to begin the digitization of the nation’s economy. The association stressed the importance and crucial need for the government to map out fresh plans that would assist the country cope with economic challenges post-COVID-19 pandemic. Olusola Teniola, president of ATCON, told The Guardian Nigeria that every sector of the Nigerian economy should brace for the challenges ahead, stressing that information and communication technology (ICT) would be strategic in diversifying and digitising the economy going forward. /* custom css */ .tdi_3_dff.td-a-rec-img{ text-align: left; }.tdi_3_dff.td-a-rec-img img{ margin: 0 auto 0 0; } Teniola makes clear that the assoc...
Twitter Flags Trump Tweet for Glorifying Violence
Twitter has taken the unprecedented step of flagging a tweet from Donald Trump, saying it violated the platform’s rules against glorifying violence. Early Friday morning, as protests boiled over in Minneapolis over the murder of an unarmed black man, George Floyd, by police, Trump sent out an especially incendiary tweet threatening violence against protestors. “These thugs are dishonoring the memory of George Floyd, and I won’t let that happen,” Trump tweeted. Just spoke to [Minnesota] Governor Tim Waltz and told him that the Military is with him all the way. Any difficulty and we will assume control but, when the lotting starts, the shooting starts. Thank you!” Twitter subsequently added a warning label to Trump’s tweet, which prevented users from viewing it without first reading a brief ...
How to Shop for Gadgets Online Like a Pro
If you want to shop for an electronic gadget online then you are probably wondering how to get the best deal. Shopping online is cool but it also has its shortcomings. You can lose cash buying the wrong gadget, or you might even get a faulty one that might lead to frustrations. Most gadgets are expensive, that’s why you must be careful not to lose your hard-earned cash as you shop. Let us look at some tips and tricks that will help you shop for your gadgets online like a pro. Research on an item before purchase Research on an item to compare brands’ prices and quality. Ensure that you get the best quality on your budget. You can get this information from a seller’s website but ensure that the manufacturer’s specifications are similar to those listed by the seller. In case of any variations...
