SAP attains 30% BBBEE equity in SA

Mar 10, 2015

SAP South Africa is to issue 19,5% of its shares to a broad-based black economic empowerment (BBBEE) Trust that will distribute dividends to beneficiaries who will use the funds to cover education costs at accredited institutions. By using these dividends for education purposes, the beneficiaries of The SAP South Africa Empowerment Trust will obtain long term sustainable economic self-sufficiency. This move, a first of its kind for a multinational company in the IT sector in South Africa, comes on top of SAP South Africa’s existing 10,5% ownership by broad-based black IT organisation, BLITEC.

SAP unveils ‘biggest launch in its history’

Mar 10, 2015

SAP has shared details of its new S/4Hana suite, which is being dubbed the biggest launch in the company’s history, to customers in Johannesburg. Rob Enslin, executive board member and president: global customer operations at SAP, says the company is poised to deliver the greatest of innovations to Africa and to its customers worldwide.
“With Hana, SAP embarked on a strategy to help businesses reduce complexity,” he explains. “It was initially introduced as an in-memory database but has since evolved into what we consider the greatest development platform in the history of IT.”

Physical stores still tops for consumers

Mar 10, 2015

Despite the growth of online stores, physical stores are still the main touch point for shoppers both locally and globally. This is according to PwC’s annual consumer survey, Total Retail: Retailers and the Age of Disruption. Based on an online survey of 19 000...

Apple launches long-awaited watch

Mar 10, 2015

Apple last night announced the Apple Watch, combining an accurate timepiece with an intimate and immediate communication device and a health and fitness companion. “Apple Watch begins a new chapter in the way we relate to technology and we think our customers are...

Analysts lukewarm on Apple Watch launch

Mar 10, 2015

Although the Apple Watch will be one of the best smart watches available, the lack of unique use cases for it means it will probably not have a significant enough competitive edge versus Samsung, LG and Sony. This is according to Ronan de Renesse, lead analyst:...

SAN market shows 2014 uptick

Mar 10, 2015

Following a decline in 2013, the global storage area network equipment (SAN) market grew 3% in 2014, to $2,5-billion, as demand returns for equipment built to handle unprecedented levels of server-to-storage-array data center traffic. Infonetics’ fourth quarter 2014...