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The Information Technology Industry in South Africa 2017 - ResearchAndMarkets.comThe "The Information Technology Industry in South Africa 2017" report has been added to ResearchAndMarkets.com's offering. The detailed South African Information Technology Sector report provides statistics and ratings for the local industry, describes current conditions and discusses the factors that include the success of the sector. Business Connexion (BCX) Group Ltd, formerly known as Telkom Business Connexion, is one of the 119 companies profiled in the report. Since its re-branding in February 2017, the company has announced the sale of its ICT training solutions subsidiary Netcampus and entered into a partnership with GE aimed at providing digital technological solutions to the agri-processing sector. Also profiled is 4Sight Group, the first pure technology company to list on the JSE's AltX in 18 years. The group was formed after the acquisition of digital services company Digitata Mauritius in June 2017. In October 2017 it acquired 100% of the shares in BluESP Holdings and its wholly-owned subsidiary BluESP (Pty) Ltd, and shortly afterwards in December it acquired AGE Technologies JHB Pty Ltd. The South African Information Technology Sector The Information Technology (IT) sector is highly competitive and operates in a rapidly changing landscape with new technologies posing both an opportunity and a threat. The South African IT sector, with an estimated annual market value of R270bn for 2017, or 6% of GDP, is expected to grow at 4% for 2017, down from 5% in 2016. A Sector Impacted by Slow Economic Growth Although the country moved out of recession in Q2: 2017, showing a GDP growth of 2.5% followed by growth of 3.3% in Q3, slow economic growth has already led to a cut in spending on IT products, services and training. The current economic climate and the volatility of the Rand also reduce the finance available for start-ups and mean that imported hardwre and software has become more expensive. Poor economic growth, high unemployment and increasing household expenses also influence the household disposable income available to spend on consumer electronics. Key Topics Covered 1. Introduction 2. Description of the Industry 3. Size of the Industry 4. State of the Industry 5. Influencing Factors 6. Competition 7. SWOT Analysis 8. Outlook 9. Industry Associations 10. References Appendix 1: SMME Hardware Manufacturers, Hardware Suppliersand E-Waste Refurbishers Appendix 2: Salaries of IT Professionals Working in Small and Large Companies in South Africa Company Profiles Computer & Related Activities
Wholesale and Retail of Laptops, Desktops and Peripherals
For more information about this report visit https://www.researchandmarkets.com/research/js34k8/the_information?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180718005843/en/ |