Business

Banks power local digital transformation

Local banks are setting an example for other South African companies looking to outperform the country’s economy and their peers, says Gartner.

27 August 2018

IT spending in South Africa will be R276.6 billion in 2018, a 4.3% increase from 2017, according to Gartner, and is largely due to the country still playing catch-up.

In its latest spending report released this morning, the research firm said all IT segments are expected to achieve growth this year, and data centres and servers would return to growth.

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