opportunities for Eskom
The power grids of the Southern African Power Pool and East African Power Pool will be connected in the next two to three years. This interconnection will create new markets for Eskom to sell excess power to fast-growing economies in East Africa, such as Ethiopia (8% GDP growth) and Kenya (6% GDP growth). South Africa has 10 times the installed capacity of Ethiopia and 15 times that of Kenya.
Research has shown that the first company to donate after a disaster occurs has a significant impact on subsequent donations. In 89% of case studies, the initial donation was almost exactly matched by later givers, regardless of their differences in market value, market share and financial performance.
Google’s quantum computer
Google claims its 54-qubit quantum computer took just over three-and-a-half minutes to perform a calculation that would have taken the world’s most powerful supercomputer 10,000 years to complete.
IBM develops encryption for quantum computing security
Quantum computing promises an increase in computational power that will significantly reduce the time it takes to perform complex calculations – but can also break the security encryptions that currently protect our online and offline data. IBM has developed and demonstrated ‘quantum proof’ encryption, which uses new algorithms that quantum computers will not be able to compromise, thus securing our data for the decades to come.
Altron becomes licensing provider for Microsoft
Microsoft has named JSE-listed technology company Altron as a licensing solution provider (LSP) in South Africa. This agreement comes after Microsoft decided to cancel its reseller contract with EOH because of alleged corrupt practices within the firm, particularly relating to the securing of contracts.
Extended reality market set to reach $200bn by 2022
Extended reality (XR) is the collective name for virtual reality (VR), augmented reality (AR) and mixed reality (MR, a combination of VR and AR), as well as all future types of reality these technologies might produce. According to VisualCapitalist, the XR market is estimated to exceed an impressive $200 billion by 2022, eight times bigger than it is today.