The research company finds that BPM and middleware market has accelerated sharply, gaining share in overall IT spending.
The financing will be used to further support the company's growth, says Teraco.
Nearly one in 10 US organisations estimate they store more than $10 million worth of data in the cloud, says AMD.
The financing includes a combination of both equity and debt, with IFC, a member of the World Bank Group, becoming an equity shareholder in Teraco.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
Despite pitching the multibillion-rand Gauteng freeway project as a solution to traffic congestion, the DOT now says it may not help at all.
The DPE will throw R105 billion at state-owned entities' infrastructure during 2011/12.
While tapping a phone to make a payment may be appealing, SA is still only beginning to come around to the use of debit cards.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The roads agency is awaiting the completion of the consultation process on the e-toll tariffs.
The company's results will be 20% lower than in the last financial year.
Managing I-to-I Technology Solutions ensures Zaptronix stays in the black.
Top business technology headlines 20 - 26 February 2022
A summary of the top business technology stories shared by ITWeb between 20 - 26 February 2022. Visit www.itweb.co.za for more news. #ITWebCloudDatacentresummit2022 #newsvideo #Fraudcases
The entertainment giant has been dragged to court for a breach of contract for non-payment of royalties.
The Economist Intelligence Unit carried out the study, which was sponsored by Oracle Financial Services.
The company has been hit with several lawsuits amounting to millions, as it battles to grow revenue.