Latest Technology News In South Africa
Steve Sarowitz founded Paylocity in 1997 after working in payroll services and seeing room for a model that combined modern in-house-style software with outsourced support. The company initially focused on payroll for small and mid-sized employers.
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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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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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Chad Richison founded Paycom in Oklahoma City in 1998 after working in the payroll industry and seeing a gap between outsourcing services and software customers could control directly. The company aimed to provide enterprise-style payroll technology with the service and liability support of an outsourced provider.
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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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Craig ‘Tooey’ Courtemanche founded Procore in 2002 in California after experience in construction and property development showed him how poorly project information moved between owners, contractors and job sites. He set out to build web-based software connecting the people and documents required to manage construction.
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Zhou Hongyi founded Qihoo 360’s security business in China in 2005, focusing on free consumer security software. The company challenged paid antivirus vendors by distributing protection at no cost and monetising the resulting user base through browsers, search, advertising and other internet services.
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Ara Mahdessian and Vahe Kuzoyan founded ServiceTitan in 2012 after seeing that their fathers, both home-service contractors, had few modern software tools for running their businesses. They built a cloud platform specifically for trades such as HVAC, plumbing and electrical services rather than adapting generic CRM software.
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Robert Reffkin and Ori Allon founded Compass in New York in 2012, originally under the name Urban Compass. The company paired salaried technology development with a traditional real-estate brokerage model, aiming to give agents better software for managing clients, listings and marketing.
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Rod Drury and accountant Hamish Edwards founded Xero in Wellington in 2006 with the idea that small-business accounting should be delivered entirely through the internet. The founders designed the product for continuous online access rather than adapting a desktop accounting package to the web.
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