While there are the big global brands offering usually a safe pair of hands such as Google and Apple, there are others worth considering and keeping track of through online information sources and the help of certain financial trading experts such as IG.
So who, amongst the tech brands, are worth investing in moving forward to 2017? Here are five candidates.
Brand Africa found MTN to be the most admired African brand at the end of 2015 for the second year running. MTN plays a pivotal role in Africa’s connectivity as the region relies significantly on the company for its mobile communication that provides payment, business and healthcare facilities.
That said, the company has suffered a major blip as a Nigerian law suit has seen it tumble out of the top 500 most valuable global brands as its market value has taken a hit. They could be worth keeping an eye on – if and when they recover, a well timed investment in stock could pay off in the longer term.
Despite a slowdown in sales – primarily due to users upgrading their iPhones less frequently of late – the consumer electronics household name is regularly one of the world’s most valuable brands with a strong presence in South Africa.
For some time now and likely for the foreseeable future, investing in Apple is likely worth considering.
3. Gijima Group Limited
This South African information and communications technology services company has clients in diverse commercial fields including manufacturing, mining and financial services.
They number several clients in the top 25 of companies listed on the JSE (Johannesburg Stock Exchange) and employ over 2,200 skilled professionals helping clients make the most of the cloud and connected Internet devices amongst other services.
4. Business Connexion Group
A South African company at the vanguard of information and communications technology with a presence throughout Africa and offices in the UK and the Middle East who can trace their origins back as far as 1979.
With various acquisitions over the years, the company provides a raft of technology support and infrastructure systems and offers their expertise to many worldwide corporations. Their list of partners reads like a directory of famous tech names including Microsoft, HP, IBM and Cisco.
Like Gijima above, Business Connexion Group offers a strong combination of an established player operating in a growth industry.
5. Dimension Data Holdings
Headquartered in Johannesburg, this Japanese-owned South African firm is a true global company offering IT services in the areas of network security, data centre solutions, converged communications and a range of professional consulting and support services.
The company was founded in 1983, listed on the JSE Securities Exchange in 1987, and over the years has acquired a string of companies worldwide before being acquired itself by Japanese Nippon Telegraph and Telephone in 2010.
They’re another example of a company combining an established presence with involvement in a cutting edge, high growth industry.
Keeping abreast of news
There are many newer tech companies of course. Unlike the organisations above, they represent more of a calculated risk as they’ve much shorter track records, but keeping appraised of new developments in tech can point the way to possible companies worth following and perhaps investing in.