Close Menu
  • Home
    • News
    • Hubs
    • Startups
    • Events
    • Features
  • Southern Africa
  • West Africa
  • East Africa
  • North Africa
Facebook X (Twitter) Instagram
  • About
  • Contact
  • Advertise
  • Pipeline
  • Research
  • Podcast
Disrupt Africa
  • Home
    • News
    • Hubs
    • Startups
    • Events
    • Features
  • Southern Africa
  • West Africa
  • East Africa
  • North Africa
Disrupt Africa

IBM in $61m investment pledge for Johannesburg tech hub

1
By Tom Jackson on February 9, 2015 Hubs, Southern Africa

IBM has announced it is to expand its research project in Africa by investing ZAR700 million (US$61 million) over in ten years in a new laboratory at the University of Witwatersrand’s Tshimogolong Precinct tech hub in Braamfontein, Johannesburg.

The lab will focus on advancing big data, cloud and mobile technologies to drive South African skills development and foster innovation-based economic growth.

IBM’s researchers will partner with local universities, research institutions, innovation centres, startups and government agencies to boost South Africa’s emerging innovation ecosystem and help to develop next generation technology skills.

“The development of a successful innovation ecosystem is crucial to the further development of the South African economy and the country’s international competitiveness,” said Professor Adam Habib, vice chancellor and principal at Witwatersrand University.

“IBM Research’s decision to locate in Johannesburg will give a huge boost to a dynamic community of programmers, designers, developers, entrepreneurs and startups.”

Dr John E. Kelly III, senior vice president of IBM Solutions Portfolio and Research, said the company considered two factors when deciding where to place research labs: access to world-class skills and the ability to work on pressing business and societal challenges that can be best addressed through advanced IT.

“South Africa provides an exciting backdrop as we look to expand our research efforts in the region. Our Africa-based researchers are part of a global community of IBM scientists who are forging the future of our company and ensuring that we remain at the forefront of scientific discovery,” he said.

South African minister of science and technology Naledi Pandor said the country is amongst the most technologically and scientifically advanced countries in the world.

“However, it is essential to increase research and development activities in order to foster innovation and support the further diversification of the economy. We welcome IBM Research to South Africa and offer our very best scientific talent to ensure its long-term success,” she said.

IBM said the lab’s inner-city location will allow researchers to form part of a ‘living lab’ exploring the role of advanced digital technologies and big data analytics in urban renewal.

“Mobile technologies, global positioning systems, cameras and sensors are becoming ubiquitous in cities, thereby providing opportunities to re-imagine the delivery of services such as transportation, energy and security,” the company said.

“IBM’s researchers and partner organisations will develop solutions using computational modeling, Internet of Things and cognitive systems to engage more effectively with citizens and help revitalise inner-city areas in South Africa and around the world.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleCBO partners British Council to provide funding to 3 Nigerian entrepreneurs
Next Article 100 West African entrepreneurs gather for TechCamp in Ghana
Tom Jackson
  • Website
  • X (Twitter)
  • LinkedIn

Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

Comments are closed.

DISRUPT AFRICA PODCAST
MOST READ
  • Ghanaian retail-tech startup Tendo secures Renew Capital funding posted on May 2, 2025
  • Ghanaian fintech company Zeepay secures $18m debt funding to accelerate expansion posted on May 7, 2025
  • Egyptian q-commerce startup Rabbit secures funding to enter Saudi market posted on April 15, 2025
  • Kenyan agri-tech company Twiga Foods acquires 3 local FMCG companies posted on April 24, 2025
  • Lagos-based VC firm Aruwa raises $35m, hits 90% of its Fund II at 2nd close posted on May 2, 2025

Newsletter signup

Sign up for our Newsletter

Working.........

Thank you for signing up!

LATEST DOWNLOADS
The African Tech Startups Funding Report 2024
The African Tech Startups Funding Report 2024
Download Now!

Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Download Now!

The African Tech Startups Funding Report 2023
The African Tech Startups Funding Report 2023
Download Now!

Diversity dividend: Female fund managers in Africa – Eloho Omame
Diversity dividend: Female fund managers in Africa – Eloho Omame
Download Now!

Finnovating for Africa 2023
Finnovating for Africa 2023
Download Now!

Diversity dividend: Female fund managers in Africa – The AfricInvest women
Diversity dividend: Female fund managers in Africa – The AfricInvest women
Download Now!
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Download Now!

Diversity dividend: Female fund managers in Africa – Janngo Capital
Diversity dividend: Female fund managers in Africa – Janngo Capital
Download Now!

The African Tech Startups Funding Report 2022
The African Tech Startups Funding Report 2022
Download Now!

The Kenyan Startup Ecosystem Report 2022
The Kenyan Startup Ecosystem Report 2022
Download Now!

The Nigerian Startup Ecosystem Report 2022
The Nigerian Startup Ecosystem Report 2022
Download Now!

Diversity dividend: Female fund managers in Africa – Alitheia Capital
Diversity dividend: Female fund managers in Africa – Alitheia Capital
Download Now!

Diversity dividend: Female fund managers in Africa – The TLcom Ladies
Diversity dividend: Female fund managers in Africa – The TLcom Ladies
Download Now!

Copyright © 2014-2023 Disrupt Africa. All rights reserved.
  • About
  • Contact
  • Advertise
  • Sitemap

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version