IBM South Africa, through its Equity Equivalence Investment Programme (EEIP) together with Tshimologong Digital Innovation Precinct, have announced the launch of a startup accelerator taking place from 8 October 2018 to 16 November 2018. The Startup Accelerator is designed to enable the development of Growth Stage Tech and Digital Startups, using a bootcamp format that will run over six weeks. Business owners or management must be black, and the company must already be generating revenue.
The bootcamp will focus on enablement and development through a series of short, intensive and rigorous modules. Each module is specifically selected to address skills, resources, infrastructure and technology growth within the startup. The bootcamp culminates in an investment proposal and pitch whereby the winning participants stand in line to win up to R500k in required products and services.
“Growing technology startups has long been a focus of the Precinct and we are pleased to partner with IBM SA to further develop this vital segment of the market. This bootcamp is centred on investment, one of the critical elements of any growing business. We look forward to working with the teams to make a bottom-line investment in tomorrow’s future technology leaders,” says Shaun Randles, Enterprise Development Manager, Tshimologong Precinct.
The Startup Accelerator is an initiative of the Enterprise Development Programme (EDP), one of 3 streams of the IBM SA Equity Equivalence Investment Programme (EEIP). The EDP is focused on the enablement of entrepreneurs and businesses with a highly specialised ICT focus in globally relevant areas of technology such as Big Data Analytics, Cloud Computing, Internet of Things and Cybersecurity, amongst other things.
To win the investment, the tech startups need to demonstrate how the investment will be used to accelerate the business. The growth trajectory the investment will yield must be based on tangible outcomes simulating financials and thus demonstrating an increase in revenue or job creation. The investment must include their technology requirements for both internal operations and product scaling.
The startup will pitch its reasons why IBM should invest in the development of the business at an awards evening at Tshimologong Precinct taking place during Global Entrepreneurship Week 2018. The evening will be attended by a panel of industry thought leaders and influencers.
Interested participants need to ensure the business has a minimum of one-year trading as a CIPC registered business. The Growth Stage Tech Startup should be Black South African owned and managed. Turnover needs to be between R120k to R50 million per annum and the owner must be actively involved in the business. See the full list of eligibility criteria as well as other pertinent information by visiting www.tshimologong.joburg/programs/ibm-bootcamp/.
New iPhone pricing for SA
The iStore has announced that the latest iPhones, the Xs and Xs Max, can now be pre-ordered at www.myistore.co.za , and will be available in stores starting 28 September 2018.
|iPhone Xs and iPhone Xs Max feature 5.8-inch and 6.5-inch Super Retina displays that offer remarkable brightness and true blacks while showing 60 percent greater dynamic range in HDR photos. iPhone Xs and iPhone Xs Max have an improved dual camera system that offers breakthrough photo and video features, A12 Bionic chip with next-generation Neural Engine, faster Face ID, wider stereo sound, longer battery life, splash and water resistance,
Pre-orders will be open for cash purchases and on iStore’s revised payment plan in partnership with FNB Credit Card, allowing customers to pay off their iPhone at a reduced interest rate. However, the contract period is 37 months rather than the usual 24 months.
Accenture opens Fjord design centre in Johannesburg
Accenture has launched its first design and innovation studio on African soil, Fjord Johannesburg.
The company says the move significantly expands its design capabilities and demonstrates its commitment to unlocking Africa’s innovation potential through the creation of experiences that redefine industries in our constantly evolving digital era.
The new studio, opening in November, will be located at Accenture’s new 3875m² offices in Waterfall. It will be led by Marcel Rossouw, design director and studio lead for Fjord Johannesburg.
Said Rossouw, “Brands are constantly asking, ’how does one take a business need or problem, build that out into a definition of a service experience, and then bring it to market?’ It’s about re-engineering existing service experiences, identifying customer needs, prototyping rapidly, iterating often and proving or disproving assumptions. But it’s also about getting feedback from customers. The combination of these factors helps companies advance towards the ultimate service experience.”
Fjord is the design and innovation consultancy of Accenture Interactive. The Johannesburg location marks its 28th design studio globally, solidifying its position as the world’s leading design powerhouse.
Working in the same location as Accenture Interactive will allow Fjord to fuse its core design strategy DNA with the digital agency’s expertise in marketing, content and commerce to create and deliver the best customer experiences for the world’s leading brands.
Accenture Interactive Africa‘s blend of intelligent design and creative use of technology has already been used by some of South Africa’s largest and most prominent brands, including Alexander Forbes, Discovery, MultiChoice and Nedbank. The digital agency has also earned industry accolades for its innovative and compelling business results, most notably two gold awards in the Service Design category at the 2017 and 2018 Loeries awards.
“Great design tells great stories,” says Wayne Hull, managing director of Accenture Digital and Accenture Interactive lead in Africa. “It unifies a brand, drives innovation and makes the brand or service distinctive and hyper-relevant in both the digital and physical worlds. This is critical to achieving results. Having Fjord Johannesburg as part of Accenture Interactive, and collaborating with all of Accenture Africa, will provide unique experiences and forward-thinking capabilities for our clients.”
“Businesses in South Africa are becoming more design-aware and are looking to take greater advantage of design skills to compete with the rest of the world,” said Thomas Müller, head of Europe, Africa and Latin America at Fjord. “We’re excited to open our first design studio on the continent and to be part of an emerging market that is ripe for design and innovation, and open for business. Developing markets like South Africa are challenging assumptions and norms about what digital services and products are meant to be, and we’ll strive to put design at the heart of the innovation being produced there.”