Momentum Insure held the largest software asset base at R171 million. (Image supplied by Momentum) Momentum Group’s computer software assets increased to R239 million in the year ended 30 June, from R225 million a year earlier, driven largely by continued investment in insurance technology. The group’s results booklet shows Momentum Insure held the largest software…
MFactory stopped by the ITWeb studio as part of the AWS Equity Equivalent Investment Program – a business acceleration initiative designed to support the growth of black-owned technology businesses within the AWS Partner Network. #aws #awseeip #MFactory “The ability to grow while staying true to your roots is powerful,” says Thembelihle Mahlalela, CEO of MFactory. “What…
Glenn du Toit, country manager and director at Acer Africa. Technology vendor Acer has emphasised the need for hardware to keep pace with the development of AI-driven software as organisations look to leverage AI-driven innovation. Glenn du Toit, country manager and director at Acer Africa, says agentic AI will increasingly be integrated into devices this…
Anthropic’s Model Hardware Standard is designed to let AI agents operate instruments like this one directly Anthropic has opened a research preview of the Model Hardware Standard, a specification that lets AI agents discover and operate physical devices – microscopes, liquid handlers, robotic arms, lasers – without a custom integration for each one. The claim…
Absa Group chief information and technology officer Johnson Idesoh Absa Group has impaired a further R200-million in software assets in the six months to 30 June 2026, five months after a R2.4-billion write-down that the bank blamed on a strategy rethink and faster-than-expected technology obsolescence. The latest charge, disclosed in interim results published on Tuesday,…
The partnership adds a strong work management offering to the QBS Software Africa portfolio. Smartsheet, an intelligent work management platform, has partnered with QBS Software Africa, a QBS Technology Group company, to expand access to its work management solutions across the African market. The partnership will see QBS Software Africa work with its channel partners…
NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced it has acquired JetStream Software, a leader in VMware disaster recovery and migration. Enterprise customers continue to rely on VMware for many of their most critical applications. As organizations evaluate cloud adoption, they often seek ways to transition workloads while minimizing cost, complexity, and operational…
JSE CEO Valdene Reddy The JSE has sustained a sharply higher rate of software investment into 2026 as it works towards a pan-African digital marketplace by 2031. The exchange spent R75.5-million acquiring intangible assets in the six months to June, three times the R24.4-million it spent in the same period last year. The step-change came…
Hollie Adams/Reuters IBM said on Thursday it has committed US$5-billion (R82-billion) to an initiative that will deploy engineers and AI tools to help companies better secure open-source software. The initiative, called Project Lightwell, seeks to create a “clearinghouse” for open-source security, establishing a model for managing risks across the software supply chain. Open-source software is…
Clicks’ retail trading was further affected by aggressive competitor discounting during the festive season. (Image source: Clicks) Pharmacy retail giant Clicks’ retail revenue has been negatively impacted by delays in implementing a warehouse management system at the company’s distribution centre in Cape Town. This emerged yesterday when Clicks published its interim financial results for the…
