New initiative plans to make cities more nature-positive
Cities are engines of growth, contributing about 80% to global GDP, but they also account for 75% of global greenhouse gas emissions. And, even in a post-Covid-19 future, urbanisation is expected to grow. Cities, suburbs and the global infrastructure system have a...
Alliance aims to bridge the digital divide
Access to digital technologies has enabled many to work, learn and live during the Covid-19 pandemic. However, the pandemic has exposed and exacerbated existing gaps and inequalities: almost half of the global population, some 3,6-billion people, remain offline and...
Pinnacle increases revenue, but profit down
Pinnacle Holdings has reported revenue of R3,6-billion for the six months ended 31 December 2015. However, gross profit was down 2,3% on margins of 14,4%. For the period, headline earnings were down 17% to R125-million, with headline earnings per share (HEPS) down 16%...
SAP attains 30% BBBEE equity in SA
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’
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
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
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
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
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...
OpenWeb launches capped ADSL
Shortly after introducing Africa’s first bonded ADSL in the cloud, OpenWeb has now launched an even more affordable capped version. This is not a load balancing solution, but a bonded solution where lines are combined to create a fast speed. The bonding takes place in...
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