Latest Technology News In South Africa
Howard Wille and Chuck Snyder founded FactSet in 1978 with the goal of making financial data easier for investment professionals to retrieve and analyse. The company began during an era when financial information was fragmented across printed reports and specialised data systems.
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Andrew Dudum co-founded Hims in 2017 as a direct-to-consumer telehealth company designed to make treatment for sensitive health conditions easier to access. The first products focused on men’s hair loss, sexual health and skincare, combining online medical evaluation with prescription fulfilment and consumer-style branding.
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TeraWulf was formed in the early 2020s by energy and infrastructure executives to build large-scale Bitcoin mining using low-carbon power sources. The strategy focused less on owning a distinctive mining chip than on controlling sites, electrical infrastructure and access to inexpensive energy.
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SenseTime was founded in 2014 by computer-vision researchers including Professor Tang Xiao’ou and Xu Li, building on academic work in deep learning and image recognition. The company initially focused on algorithms that could identify faces, objects and scenes in images and video.
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Shay Banon began writing the software that became Elasticsearch after earlier work on search technology and a personal effort to build a recipe application. Elasticsearch’s first public release arrived in 2010 as a distributed search engine designed to make large datasets searchable through a developer-friendly API.
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Carsales was founded in Australia in the late 1990s by Greg Roebuck and partners who saw that vehicle classifieds could move from printed publications to the internet. The early service digitised dealer inventory and made it searchable for consumers, reducing dependence on weekly print listings.
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Richard White and Maree Isaacs founded the company that became WiseTech Global in Australia in 1994, initially writing software for freight forwarders. The founders focused on an industry where one international shipment can involve customs brokers, warehouses, carriers, tariffs and dozens of documents across multiple countries.
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Novatek Microelectronics was established in Taiwan in 1997 as a spin-off from United Microelectronics Corporation’s commercial and consumer IC activities. The company developed fabless display and multimedia chips rather than owning semiconductor fabrication plants.
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Skyworks Solutions began operations in June 2002 through the merger of Alpha Industries with Conexant Systems’ wireless communications business. The combination brought radio-frequency components, power amplifiers and mixed-signal technologies together as mobile handsets were becoming one of the semiconductor industry’s largest markets.
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Falguni Nayar founded Nykaa in 2012 after leaving a long investment-banking career, creating a digital-first beauty retailer aimed at making branded products easier to discover and trust in India. The early company focused on authorised products, educational content and a broad catalogue in a market where beauty retail was fragmented.
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