Helping others to go digital as means of growth
A SIGNIFICANT portion of AYO Technology’s expansion would be derived through assisting enterprises and public-sector departments across Africa to migrate from their predominately off-line operations to being part of the digitally included, as well as enhancing its sustainable investment strategy, the group said yesterday.
AYO listed on the JSE in December with a market capitalisation of R14.7 billion, which has since grown to R14.8bn.
“AYO has a very clearly defined growth strategy to further its endeavours to ensure digital unity,” said Kevin Hardy, chief executive of AYO Technology.
“Capital raised during the recent listing, our strategic relationships with partners and our strong acquisition pipeline, as well as our ability to deliver turnkey solutions, is facilitating AYO Technology to be one of most enabled, multi-disciplined ICT groups in South Africa into the future.
“The training programmes and mentorship focus on enhancing multidisciplinary skills sets to address the many areas of integration AYO architects. The company has recognised the critical importance of building capacity in teams to better effect analysis of problems and solutions.
“Part of the hands-on guidance we will offer also includes inter-personal relationships and communications, as the company recognises that while it may be rooted in technology, it is people who make it work,” said Hardy.
AYO, meaning “Joy” and “Happiness” in the Aruba language, is an ICT group offering numerous end-to-end solutions suited to a variety of industries in the public and private sector.
Its aim is to use the burgeoning power of the technological revolution to drive transformative change in South Africa.
AYO will use the auspices of its advisory service to assist clients determine the right technological approach for their particular business – whether it is to custom design and build a particular piece of software, move the data stack and business operations to the cloud; analyse the information generated by businesses and then optimise the approach they should take; or integrate in real-time, thousands of devices, analysers, and external systems to deliver mission critical results.
Such systems are currently used in the healthcare environment where the company already has a dominant presence, but AYO is looking to rapidly multiply its influence into other sectors. Also complementing the company’s direction is the Internet of Things (IoT), Big Data Analytics and Artificial Intelligence.
The merging of machine and man is a reality, whereby AYO will be “always on”.
Over 260 billion inter-connected devices are predicted to be in operation by 2020 (according to Gartner). So, with its eye on the future, AYO will be developing products at the forefront of wearable technologies – for the entertainment, oil and gas mining, healthcare and security sectors – as well as products for other key industries to help bridge the digital divide and transform.
AYO Technology maintains strong relationships and holds key value-added reseller or supplier agreements. Being able to approach principals such as Nokia Siemens, Inter Systems, Cisco, Microsoft, Dell EMC, IBM and Riverbed, and BT, AYO and its Incubation and Technology Hub are able to access world-class, up-to-date technology to ensure it can continue to spread “joy” and “happiness” through technology and the people who deploy it to those who will ultimately benefit – you and me.