APAC logs highest digital transformation market size growth
The digital transformation market size is to grow from USD 695.5 billion in 2023 to USD 3,144.9 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 24.1% globally, according to a report by Research and Markets. Among regions, Asia Pacific (APAC) registered the highest CAGR from 2023-2030. The region has witnessed rapid advancements in technology with the expansion of the […]
Mass-spreading phishing campaign uncovered
A mass-spreading phishing campaign aimed at collecting Zimbra account users’ credentials was detected by ESET researchers. The ongoing campaign has been active since at least April 2023 and targets a variety of small and medium businesses and governmental entities. There have been victims in Latin America and European countries such as Ukraine, Italy, France, the […]
Regulation is not stopping APAC from investing in GenAI, says IDC
According to the recently released IDC report, Exploring the Opportunities and Challenges of GenAI: Implications for Asia/Pacific Governments, the Asia/Pacific* (AP) region leverages its favourable regulatory environment to tap into the economic potential of Generative AI (GenAI). The region also actively explores novel technologies while dealing with fewer regulatory obstacles and receives strong government support […]
GenAI on Peak of Inflated Expectations in 2023
Generative artificial intelligence (AI) is now on the Peak of Inflated Expectations according to Gartner’s Hype Cycle for Emerging Technologies, 2023 and is projected to reach transformational benefit within two to five years. Generative AI is encompassed within the broader theme of emergent AI, a key trend in this Hype Cycle that is creating new […]