Amazon Web Services plans to invest more than R365-million in developing 100% black-owned small ICT businesses in South Africa as part of an “equity equivalence” programme.
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Microsoft has won the sought-after Jedi cloud computing contract with the Pentagon, dealing a blow to the market leader, Amazon.com, which had been the front-runner.
IBM reported third quarter revenue that missed Wall Street estimates, with the long-awaited revenue infusion from Red Hat failing to compensate for continued declines in other parts of its business.
Amazon Web Services said on Wednesday that Old Mutual has struck a wide-ranging deal with the South African financial services group to shift a large portion of its IT workload to the cloud.
US enterprise software giant Oracle has listed South Africa as one of the countries where it plans to invest in cloud data centre facilities before the end of next year.
Nedbank has partnered with Microsoft to migrate components of its IT infrastructure into the cloud, the financial services company said on Monday.
South Africa is expected to be the fourth fastest-growing major IT market in the world in 2019, according to new research from consultancy Gartner.
SAP fell the most in nearly five years on signs that its $10-billion bet on cloud-based software faces headwinds, but the companies executives are adamant there is still room to grow.