Business

IoT Cybersecurity Market to Reach $60bn Globally by 2029 as Enterprise IoT Device Adoption Grow

The Internet of Things market, has found that global IoT cybersecurity market revenue will double over the next five years; rising from $27 billion in 2024. A new study from Juniper Research, said this growth of over 120% in cybersecurity spend will be necessitated by the rapid growth in enterprise IoT device adoption. This growth […]

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Technology

Blockchain, AI, eCommerce Top Discourse for Africa’s GDP Growth at AfriTECH 4.0

Technology experts at the Africa Tech Alliance Forum (AfriTECH 4.0) have highlighted the transformative potential of blockchain and AI in positioning Africa as a global technology leader. Kashifu Inuwa Abdullahi, the director-general of the National Information Technology Development Agency (NITDA), in his keynote address, titled “Blockchain Technology & AI: Positioning Africa for the Future,” emphasized Africa’s unique […]

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Technology

Africa’s Private Sector Leaders, UNDP, G7 AI Leaders & Others Meet to Rejig AI Adoption Across Continent

AMA PRESS RELEASE Leaders of Africa’s private, the content’s other leaders together with United Nations development agency (UNDP) and the G7 Italian Presidency, are expected to meet  with G7 AI leaders in San Francisco, at an event hosted by the Italy Consul General in San Francisco with Ministry of Enterprises and Made in Italy (MMIT), […]

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Business

New Satellite Data Reveals Urban Green Spaces in Global Decline Using Al Insights

Today, Husqvarna Group unveils the Urban Green Space Report 2024, highlighting a concerning decline in urban green spaces worldwide. Analyzing satellite data and AI insights from 344 cities across 62 countries, the report reveals that 75% of these cities have seen a reduction in green spaces. The trend thus continues in the same direction as […]

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Technology

Trade Lenda, Lendsqr & Eight Other Startups to Enjoy N10bn AI Related Funding & $3.5m Cloud Credits from Google

 In a significant step toward advancing the AI ecosystem, the Ministry of Communication, Innovation and Digital Economy and Google have selected beneficiaries of the AI Fund, established by the National Centre for Artificial Intelligence and Robotics (NCAIR) in collaboration with Google. The Fund will see each selected startup receive ₦100 million in funding, along with […]

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AI & Computing

Opportunities in Advance AI Beckon for 25,000 Educators &  20,000 Young Nigerians as Google, Govt Unveil N2.8bn Support 

There are great opportunities coming for 20,000 young Nigerians and 25,000 educators with the tools and resources to teach 125,000 young people about AI, inspiring the next generation of AI innovators. The opportunities would be coming through Federal Ministry of Communications, Innovation & Digital Economy (FMCIDE), which just secured a new support from Google to […]

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Business

  Satellite IoT Revenue to Hit $2.9bn Soon but Investment in Robust Cybersecurity Solutions Critical, Says Report

Experts in the Internet of Things market, has found that total global satellite IoT revenue will grow from $2.9 billion in 2024 to $5.8 billion in 2027. Juniper Research studies attributed this substantial growth to the increasing need for IoT connectivity in remote locations and areas that cannot be easily served by traditional terrestrial networks, […]

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News

Lagos State to Train One Million Undergraduates from Tertiary Institution on Artificial Intelligence

The Lagos State government intends to train over one million students from state-owned tertiary institutions in artificial intelligence and other digital technologies. This effort aims to improve students’ skills and prepare them for the global job market. Head of Public Affairs at the Ministry of Tertiary Education, Mamud Hassan, said the program is part of ongoing […]

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News

Global Enterprise Huge Losses from Artificially Inflated Traffic to Drop by 55%, Says Report

The global cost of AIT to enterprises is set to decline by 55% between 2024 and 2029. It discovered that these losses peaked at $2.1 billion in 2023 and will fall owing to A2P SMS traffic migration. AIT refers to non-genuine A2P SMS traffic generated to raise SMS volumes and imposes unnecessary costs on enterprises […]

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News

Vertiv Unveils High-Capacity Cooling Solution to Support AI and Machine Learning Data Centres in EMEA

Vertiv, a global provider of critical digital infrastructure and continuity solutions, today announced the introduction of the high-capacity models of its Vertiv Liebert AFC inverter screw chiller range with low global warming potential (GWP) refrigerant. Available in Europe, the Middle East and Africa (EMEA), the new models provide up to 2.2 MW of cooling capacity in a […]

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