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Author: Staff Writer
Montelektro, a system integrator in the brewing industry, and 8Sigma, a premium MES provider delivered solution KegTNT (Keg Track&Trace) to a brewery in Addis Ababa. KegTNT is a software solution that tracks kegs throughout their life stages while inside the brewery and within the whole supply chain. In addition to the mentioned brewery, during 2021, KegTNT will be implemented in two more breweries owned by the same company, BGI Ethiopia, whose long brewing tradition dates to the first half of the 20th century. The BGI Ethiopia’s owner is French Castel Group, one of the largest African and among the world’s…
Infinidat, a provider of enterprise-class storage solutions, today announced that the company has deployed 7.1 Exabytes of enterprise storage capacity worldwide. This achievement marks a key milestone for the company as it enters its 10th year in business with tangible momentum, highlighted by a surging uptick in growth of half an exabyte in the fourth quarter of 2020. “Infinidat has exceeded expectations, which is a testament to the value that customers see in our unique mix of faster performance, high availability, reliability and affordability, despite the challenges of the COVID pandemic and the industry slowdown in 2020,” said Phil Bullinger,…
Eskom’s loadshedding, alongside an enduring pandemic, have proven a devastating combination, repeatedly destroying historical data, and demanding an (artificial intelligence) solution to predict the unpredictable. The past year has been shaped by the pandemic. The uncertainty has influenced how organisations approach day-to-day forecasting of sales, people and stock, battling to manage fluctuating trading hours due to lockdowns, curfews, limited access to stock due to congestion in China – and now the return of loadshedding. To survive in 2021, businesses are desperate to forecast and manage their systems to ensure they’re capable of handling the unplanned and unexpected. Analytics, business intelligence, forecasting…
Commvault, a recognised global enterprise software leader in the management of data across cloud and on-premises environments, today announced the availability of its award-winning Metallic Backup-as-a-Service (BaaS) portfolio in South Africa. In addition, Metallic is adding new data protection solutions, features, and enterprise workload support. “We have seen an aggressive push to cloud, automation, and an increased requirement for intelligence as companies transition to a new reality,” says Gerhard Fourie, District Channel Manager for South Africa at Commvault. “At Commvault we understand the increasing need for a solution that’s easy to undertake, purchase, and manage without any large upfront investment.…
Having deployed most of its first R250 million Section 12J Venture Capital Fund: KNF Ventures, Knife Capital launched another 12J fund for new investors to participate in this growing and exciting alternative asset class. KNF Ventures II is the second Section 12J Venture Capital Company launched by Knife Capital. It has the same investment mandate as Fund I and will continue to build on the success and momentum created. By leveraging Knowledge, Networks & Funding, KNF accelerates the growth of South African innovation-driven SMEs to generate enhanced returns for entrepreneurial-minded investors. The Section 12J venture capital company (VCC) regime was…
As e-commerce boomed in the wake of the Coronavirus and the national lockdowns, Yoco, South Africa’s largest financial platform for small businesses, turned their attention to online payments by developing and releasing a payment gateway alongside their range of affordable card machines. The Yoco Payment Gateway is an effective solution for business owners looking to accept payments on their WooCommerce or Wix e-commerce websites. With little to no technical skills, entrepreneurs are able to add the plugin to their site and activate Yoco as a payment option within ten minutes. “We began work on the Yoco Payment Gateway long before…
Ongoing volatility, further progress on regulations and continued interest from institutional investors can be expected in 2021 according to Luno, South Africa’s largest cryptocurrency exchange. “Looking back at our predictions from last year – the Bitcoin halving happened without a hitch and the industry matured as institutional investors entered the market. 2020 was a proper stress test with Bitcoin hitting a low of around $5,000 in March and a high of $28,000. The new year is following the same trend with the price already reaching the $40,000 level,” says Marius Reitz, Luno’s GM for Africa. Institutional investors will continue to…
For the past two years, we published AlphaCode, South Africa’s leading FinTech thinkers, predictions about the financial technology (FinTech) landscape. We believe that FinTech represents the digital revolution that is transforming the way customers access financial products and services. As such, FinTech is gaining significant momentum and causing disruption to the traditional value chain. South Africa has a flourishing FinTech industry underpinned by a sophisticated and supportive ecosystem. “Each year, at AlphaCode, we use our vantage point of the fintech landscape to share what we expect this year. We had no idea last January that a whole new world awaited. One…
South African tech start-up and online tech-education leader, HyperionDev, is inviting the public to become stakeholders in the company’s growing tech education business. Through the investment, HyperionDev will invest R3.5 million in coding scholarships to deserving South Africans. The UK-based capital funding drive – which has already realised £1,5million (±R32 million/ ±US$2 million) in capital commitments – will facilitate HyperionDev’s expansion into UK and US markets on the back of the company’s success in Africa. The impact investment opportunity affirms HyperionDev’s commitment to delivering positive social impact by answering a pressing need for tech education and skills development in South…
DFA today announced that it has been awarded Top Employer status in South Africa for 2021 by the Top Employers Institute. DFA joins 1,691 companies in 120 countries globally, including only 97 local companies, who are recognized by the Top Employer Institute for their efforts in various facets of employee management. With headquarters in the Netherlands and offices in several countries around the world – including South Africa – Top Employers Institute was established with the aim of promoting excellence in human capital management to support business strategy. DFA CEO, Thinus Mulder, said that achieving the certification was the culmination…