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Lasetu to buy up 51% of AppCentrix

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AppCentrix, a managed services company in the monitoring and analytics as a discipline (MaaD) space, has announced that Lasetu Trading and Projects will procure a 51% shareholding in its business.
The deal is in line with the revised ICT sector B-BBEE codes gazetted in November 2016, calling for BEE ownership of 30%, with at least 10% to be held by black women. The AppCentrix deal elevates the company’s ability to improve its present Level 3 contribution.
AppCentrix provides a single view of big data from all IT assets on a second-by-second basis, and analyses business processes to enable cost efficiencies, reduced downtime and greater visibility and transparency for business operations. The company allows the management of all IT assets in an entire estate and the cloud with one service, in a single view of the truth, for increased agility and efficiency.
CEO of AppCentrix, Graeme Allcock comments: “Our managed services have enabled businesses to analyse their processes and provided rich business data to improve performance and profitability. We know that there is a strong need for our services in the public sector in South Africa, where improved efficiencies and greater transparency could accelerate development and growth. Our eagerness to be involved in this sector together with our commitment to transformation has driven the relationship between Lasetu and AppCentrix.”
Karabo Tamela, who has acted as MD of InfoVerge Solutions since 2012, will join AppCentrix as a Director and will lead the company’s efforts into the public sector, building a direct sales force team for public sector engagements.
AppCentrix appeals to CIOs who wish to ensure alignment between business and IT strategy, realise innovation and improvements and gain competitive advantage through data analytics and intelligent monitoring, whilst continuing to reduce costs and realise efficiencies. The company has installed its services on more than 6 000 sites across 45 datacentres and gathers more than half a billion metrics a day for analysis and management insight.