Michael Brink, CTO of CASA Software. As it stands in 2026, large-scale IT has reached an inflection point. Innovation has led to the development of many unprecedented capabilities but also introduced an equal amount of complexity and risk. Before adding more technology this year, prudent organisations will likely shift their focus to identifying and addressing…
Oracle’s Mike Sicilia is the latest software CEO to wade in to the debate on whether AI tools that heavily automate human tasks will mean the demise of his industry. His verdict was a resounding “no”. “You’ve all heard … that new companies coding quickly using AI will spell the death of SaaS (software as…
Apollo Global Management signage in New York on Dec. 5, 2023. Jeenah Moon | Bloomberg | Getty Images Apollo’s John Zito had a blunt assessment of how private equity firms are valuing their software holdings as shares of comparable public tech companies have plunged: They’re not, he said. Zito, co-president of the firm’s giant asset…
QuickEasy BOS supports integration between what happens in the business and what appears in the accounts. (Image: QuickEasy Software) If financial compliance matters to your business, the best ERP software is not simply the one with an accounting module. It is the one that helps you keep accurate records, control who does what and ensure…
London-listed accounting software firm Sage has launched an AI platform it said will ease the administrative burden on small business owners across Africa and the Middle East. But it enters a market flooded with similar promises – and cautious customers who cannot afford to get their finances wrong. The company unveiled Sage AI in Johannesburg…
Standard Bank Group’s annual financial results, published on Thursday, have revealed that Africa’s largest bank by assets spent more than R14-billion on cloud, software and technology in 2025 — an 8.7% year-on-year increase that far outpaced the growth in its overall cost base. The “cloud, software and technology” line item in the group’s operating expenses…
Absa Group has written off R2.4-billion in software assets after a revision of its overall strategy led to changes in investment priorities and faster-than-expected technology obsolescence, its annual financial statements show. The software impairments – more than 13 times the R179-million written off a year earlier – were spread across the group, with the largest…
Nvidia CEO Jensen Huang. Steve Marcus/Reuters Nvidia CEO Jensen Huang has dismissed fears that AI will replace software and related tools, calling the idea “illogical”, after a significant selloff in global software stocks on Tuesday. The selloff, partly sparked by AI developer Anthropic’s updated chatbot release last week that heightened fears of AI-driven disruption in…
Indian Prime Minister Narendra Modi India has proposed requiring smartphone makers to share source code with the government and make several software changes as part of a raft of security measures, prompting behind-the-scenes opposition from giants like Apple and Samsung. The tech companies have countered that the package of 83 security standards, which would also…
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images With the AI talent wars heating up between companies like OpenAI, Meta and Anthropic, one way Google has been competing is by aggressively rehiring…
