4Sight Holdings grew revenue by 29.3% in the six months to August, but most of the growth came from reselling software at thin margins, and profit rose far more slowly. Revenue increased to R748.3-million from R578.7-million, the JSE-listed technology group said in its interim results on Thursday. Gross profit rose only 2.2% to R259.6-million, and…
Toyota expects its Arene software platform to be running in 10 million new vehicles a year, across 50 models, by 2030, the company said on Friday. Subaru, in which Toyota holds a 21% stake, told a strategy briefing north of Tokyo that it will launch its own software-defined vehicles in the second half of the…
Testing should be an investment in business assurance. (Image source: 123RF) In an era of digital transformation, enterprise software investments are expected to deliver more than technical functionality. They must enable efficient operations, support strategic objectives, protect critical data and produce measurable business value. Yet software delivery programmes often place the greatest emphasis on technical…
Incognito Software Systems, a leading global provider of service orchestration, device management, and network intelligence solutions, today introduced NEXA, an AI-driven network intelligence and automation platform that enables broadband service providers to turn operational data into action. NEXA unifies network, device, service, and subscriber data in a single intelligence layer, delivering real-time and predictive insights…
Boomi Named a Leader and Secures Highest Score in the Strategy Category in Adaptive Process Orchestration Software Evaluation Boomi™, the data activation company for AI, today announced it has been named a Leader in The Forrester Wave™: Adaptive Process Orchestration Software, Q3 2026. The report evaluated 13 providers, and Boomi achieved the highest score in…
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,…
