Reduce, reuse, recycle: A remedy for waste


Environmental concerns have long been a hot topic and, in South Africa, which has an estimated population of 58.6 million people,  it has been projected that the country only has a mere six years of municipal landfill airspace left. This dilemma is the premise behind Kerby, a kerbside recycling company that helps divert waste from landfill and educates communities on recycling, explains Greg Player, the founder and director of Clean C, a non-profit that’s been collecting ocean waste off beaches and in communities around Cape Town for the past four years. “Kerby is being established as a standalone and profitable purpose-driven operational unit by a partnership between Clean C and the Branson Centre of Entrepreneurship South Africa,” says Rowan Le Roux, operations director at the Branson Centre. “OceanCollective will support Kerby by taking their waste-collection operations one step further to ensure the recyclable waste is sold or made into new high-value products.”

1. Households separate their waste into recyclable and non-recycable piles, and place the recyclable items in a clear bag.
2. The bags holding the recyclable waste are placed on the kerb for collection by Kerby,  a local private waste collector, or by the municipality in some areas.
3. The bags are collected and transported to a central sorting centre.
4. At the centre, Kerby agents sort the content into different types of materials, such as glass, paper, metal, and the various plastics (PET, HD, LD, PVC, PS and PP).
5. The sorted materials are either sold to “buy-back” centres who process them further or are processed by Kerby. Processing involves cleaning the material and converting it into reusable raw material such as paper pulp, recycled plastic, and metal.
6. The recycled material is used to produce new packaging or other products and the process starts again. 

Article originally appeared in Fast Company SA’s December 2019/January 2020 issue. 


ACCENTURE: For accelerating app development


With an MBA from UCT under his belt, Accenture’s Liquid Studio Director and Innovation Lead Rory Moore is a master in advising on innovation, forward-thinking and entrepreneurship strategies. 

Rory is heavily involved in expanding the community of startups, incubators and accelerators through Accenture. He models the architecture of the innovators to suit the existing capabilities of the company.

Rapid change through digitisation doesn’t scare Rory however. Rather, he views advancements in exponential technologies – such as AI, IoT, extended reality and blockchain – as crucial cogs in the wheel of success. It aligns with one of Accenture’s main goals: To use technology and innovation as a mechanism to improve how the world operates. With this in mind, Accenture founded Liquid Studio in Johannesburg — one of several new incentives in South Africa to promote the implementation of IT trends. Liquid Studio gives clients direct access to Accenture experts who can relay key strategies. Due to the alliance ecosystem, clients are welcome to pursue innovative and disruptive technologies and integrate AI with their products. Accenture ensures the possibility of innovation and a speedy route towards it. Open access to workshops and hands-on advice – at a time when, according to Rory, business-cycle times are shrinking – are critical to coming to market faster.


Travelling for business may be bad for your mental health


The prospect of going on a business trip is exciting and glamorous, and more than half of local travellers believe travelling for business has no impact on their health. However, statistics tell a different story: Most business travellers skip exercising, sleep less and forgo healthy eating which impacts health and increases stress levels.

During a research survey carried out by an independent research company on behalf of The Westin Cape Town hotel, only 32% of business travellers believed their health was impacted by business travel. Of the respondents, 52% did not believe business travel impacted on their health and 17% were unsure.

But the same survey found that only 18% of travellers said they exercised while on a business trip, with another 40% reporting that they occasionally exercised while away.

The overwhelming majority (82%) were sleeping for less than six hours. Of the respondents, 62% slept less than when at home.

The World Sleep Society has found that there is a direct correlation between your sleep and your overall well-being. Sleep is also foundational for people to reap the benefits of exercise and is essential in recovery after exercise.

According to the research, business trips generally seem to exacerbate feelings of stress for most travellers. During the survey, 67% of respondents stated that business travel did definitely or sometimes impact on their stress levels.

A significant increase in stress has been found to impact negatively on both physical and mental health. Stress has an effect on the health of one’s heart, immune system, metabolism and hormones and has also been linked to depression and anxiety.

The local survey findings are in line with international studies. The Journal of Occupational and Environmental Medicine, published research showing international business travellers had higher illness rates than leisure travellers, and a Harvard Business Review report found a correlation between frequent travel and a number of health risks, such as obesity, anxiety.

But despite the health impacts, local travellers stated there is still joy to be found in business trips – 79% of respondents reported really enjoying travelling for business.

“As we commemorate Mental Health Awareness Month, it is important to highlight the effect stressful business travel can have on one’s wellbeing, as well as promote the importance of a good night’s sleep, a healthy diet and a consistent exercise regime. This is why The Westin has created an assortment of facilities and programmes to ensure that wellness remains at the heart of every guest experience, enabling them to rise refreshed and ready to tackle their business goals,” says Leon Meyer, General Manager at The Westin Cape Town. 


Oldest incubator in Africa turns 20

The Cape Innovation & Technology Initiative (CiTi), the oldest incubator in Africa, has recently celebrated its 20th anniversary.

Founded in 1999 by a group of civic activists, with the aim of building a future-fit, inclusive society through technology and innovation, the organisation today achieves this by creating globally competitive tech and innovation clusters to enable sustainable economic growth and greater employment.
Over the past two decades, CiTi has enjoyed many milestones which have included the launch of programmes such as VeloCiTi, comprising incubation and entrepreneurial programmes for tech startups and businesses wanting to scale; CapaCiTi to assist with the training of young South Africans for the digital/tech skill needs of business; and the Women In Business programme to help female-owned businesses adopt tech tools that can improve efficiency within their businesses. The organisation has also formed five Open Innovation Clusters – FinTech; EdTech; BioTech; TravelTech and DataTech – to increase the productivity of companies in these clusters through driving innovation and stimulating new businesses in the field. Another major achievement involved pioneering the first real-estate model for tech co-working in Africa with the launch of the Woodstock and Khayelitsha Bandwidth Barns which are the epicentre of the tech ecosystem in Cape Town and serve as the spaces where most of CiTi’s programmes and events are held.

CiTi has also transformed the economy and improved the lives of generations of people. This has been done at scale with its specialised incubator and accelerator programmes creating over 10,000 direct and indirect jobs and companies generating over $150 million in revenue. The organisation’s job skills programmes have placed over 1,200 previously unemployed young people into digital/technology careers and jobs and aims to place approximately 1,000 people each year.
Looking to the future, CiTi will continue to pursue areas that will be transformative in 20 years and have an impact in five years. With an entrepreneurial footprint in 9 African countries, it will be looking to expand further into Africa with the aim of building a future-fit, inclusive African society. The vision: to positively impact 20 million people in 20 cities over the next 20 years through new jobs, new business creation and greater educational opportunities.


Propelling Africa in the age of 4IR


In the preamble to the 2019 World Economic Forum on Africa, it’s noted that at least 20 African countries will undergo elections this year. This is an important milestone in Africa’s evolution and one that can bring about significant progress, especially with Africa finding itself on the cusp of the Fourth Industrial Revolution,
where change and progression will be inevitable. How fast and how meaningful this progress will be depends on a number of factors, not least of all voting forward-thinking governments into power across the continent – governments that can grasp the possibilities of digital and how it can advance their countries and Africa as a whole. 

It is not a government’s role to create jobs, but it is necessary to have the right political will to construct the frameworks that are necessary for growth across the board – whether environmental or economic. In today’s digital world, it’s also increasingly important for governments to collaborate with each other, particularly in
light of developments in cross-border payments and the like. Of equal standing is the need for the public and private sectors to work together in producing the solutions needed. 

The recently signed African Continental Free Trade Agreement is a case in point. While it took nearly two decades to structure and sign, the Agreement has finally put Africans in charge of their own development and – while there is still a technical minefield to navigate, as Africa faces problems of instability – the will is there to promote an exchange between the 54 countries that comprise the continent. 

Africa might be the newest kid on the block, but it is also one of the most resourceful and innovative. African ingenuity is legendary and, with the right frameworks in place, all Africans can shape their shared future – for Africa. 

For many Africans, that future is already here – as is 4IR – and our time for readying for the future is past. Today is what matters. How we see the future starts in the now and, right now, we need to ensure that all Africans can access information and knowledge – when and where they want to. 

Digital is changing the world around us by the second. From the types of goods and services produced, how they are accessed, and how we communicate with one another, to how we access excellent education via e-learning platforms, 4IR is making it possible for everyone on the continent to be included. It’s not utopia – yet – as many on the continent still do not have access to the infrastructure needed to be connected, many marginalised groups are deliberately excluded,

and the existing workforce fear they are being replaced by robots. Any discussion around 4IR and Africa, therefore, needs to take today’s unskilled labour force into account. How are we going to include them in the conversation going forward? What are the skills needed to safeguard income security in the now, and in the future?

WEF on Africa 2019 will bring together some of the continent’s brightest minds and change-makers to address the theme of “Shaping Inclusive Growth and Shared Futures in the Fourth Industrial Revolution”. I, for one, am looking forward to hearing how we can work together to ensure that Africa takes its rightful place in the digital world. I hope you will join me. 

Dr Iqbal Survé is Chairman of Sekunjalo Investment Holdings


Remembering the human factor in automation

In today’s digital climate, customers are noisier than ever, especially when you don’t ask them to be. In a world dominated by the race to close the human-machine gap, finding the blind spots within the digital journey is imperative for marketers. With 40% of CMO’s stating that they spent most of their budgets on digital and social media (Cinman, 2018), the battle to meet the customer online, in time, is in full force. In just one year, customers’ likelihood to use digital channels for a service enquiry has increased almost 20%, making digital channels an expectation nexus for problem-solving and service for brands. Our customer is the only one who owns the experience, and they will remind you as soon as you fail to meet their nascent need.

As broken digital journeys and non-delivery exposes brands to unfettered critique on social media, the increased sense of hypervigilance amongst brand and sales teams is almost palpable.They are too afraid to make functional promises to their customers, and too cynical to make emotional connections with their prospects. Automation journeys in the B2B world are no different in their expectation to serve the customer the right knowledge at the right time. To help support lower operating costs, increasingly brands turn to online channels to help them create support services. But even before the customer has purchased, it is possible for a decision-maker to go on a journey with a brand without them even knowing it. As creators of content, copywriters and designers know that their piece must serve a multitude of different functions as it floats around the digital ecosystem pre- or during purchase. It must make the brand look knowledgeable, but not preachy. It must resonate with the audience, but not talk down to them. It must talk to their pain points, but always be positive. It must solve their problems, but not give too much away to the reader. It must make the brand look ‘good’, but it must be for the consumer. In trying to ‘act real’ online, brands either form a unique, outspoken voice that can comment on topical events (think Nandos), or they can become mockeries of themselves. trying to show a little ‘real’ human vulnerability and ending up making themselves brightly coloured targets for every woke and intersectional Millennial and their now duly informed parents out there (see Absa). 

These days, there is more than posturing and ‘fronting’ going on as brands try to behave like people online. There is also a subtle power dynamic that sits behind automation that advertising is only just getting its head around. When we design marketing automation campaigns there is a list of criteria that dictates which kinds of people will be moved along the purchase journey with supporting content along each touchpoint. For example, if you are a CFO employed in a large construction company, and we are aiming to sell you a business banking offering, our automation system will score you on your eligibility to receive follow-up content. Subtlety entrenched within this scoring system and content framework are often a lot of assumptions. In part, this is because we don’t want to send content about “the ‘S’ curve in construction and the flailing economy” to the Head of Distribution in a Food and Beverage company. For them, the content really isn’t relevant. However, this criterion also serves to weed out the ‘non buyers’ from the purchase journey. These exclusions could be anything from having the wrong designation to the wrong size of company. Understanding the people you are engaging with (not just ones you think you are) is at the core here. Without the right research, we may believe the CFO is the person we want to target, potentially ignoring the financial manager; the CFO’s personal assistant; and the personal accountant who heavily influences the CFO. 

Moreover, without understanding the real power dynamics at play within the company, and the deeply embedded emotional drivers of our target audience, our assumptions can create a lot of pointless content that resonates with no one. Our list of criteria needs to exclusive enough to be relevant, but inclusive enough to understand that very few companies make the buying decision alone or on a purely rational basis. In excluding the ‘silent buyers’ in the decision-making unit (DMU), we also eliminate our own ability to resonate with the key influencers, the buyers of the future and their latent challenges. To know the deep-seated fears and aspirations of our multitudinous target audience is to understand their humanity, their mercurial emotional landscape and their earnest ambitions. Rather than taking advantage of these deeply rooted truths, it is the job of marketers to become empaths (yes, I said it) and truth-tellers for their brand. B2B marketers looking to automation need to be enabling the DMU to be better business people. If helping your clients become better CFO’s, better line managers or better users is what you are aiming to do with your content – you are on the right track, and they will reward you for it. 

In Automating Inequality by Virginia Eubanks, automation is explored from the other side of the spectrum. Though it is often lauded as the efficiency silver-bullet, Eubanks shows that it can increase invisible divisions between the rich and poor, the privileged and the targeted. In our giddy haze, we cannot risk forgetting that in automating a journey, your function as a marketer changes to that of a surveillance tool. Eubanks’ book reminds us that we are responsible for human experiences through automated channels. While the intent may be pure, outsourcing decision-making to a machine can prioritise machine input at the expense of humane output. Thus, we need to be mindful that the rules and regulating effects of automation do exist in the real world, where embodied intelligence’ is realised and experienced – not just in the online universe of good intentions. As Eubanks notions, the first step towards creating more meaningfully automated experiences for people is realising that they come with your set of values, assumptions and beliefs locked in them. Automation is a repeated and adapted blueprint of boundaries and portals set up for engagement, which strongly mirrors culture. Thus, to respectfully and dynamically engage with the real buyer cultures at hand is an ethical responsibility of marketers today. In speaking to the human in the automation wheel – we must remember to bring our humanity with us, in order to resonate with theirs.

Author, Claire Denham-Dyson is Head Anthropologist at Demographica. 

5 free apps for getting your morning started

Wake up! And then get ready for the day ahead.
Mornings aren’t for everyone. But even if you never become a fan, you might as well leverage modern technology in order to make the most of them. Here are some great free apps sure to get you out of bed, up to speed, and ready to tackle the day.

Heavy sleeper? This app’s got you covered . . . unfortunately. Alarmy (Android, Apple) features several truly awful methods for making sure you don’t hit snooze—or, at least, you don’t hit snooze easily. Super loud alarms? Check. Being forced to solve math problems? Check. Having to take a picture of something specific? Check. If you’re not into psychologically browbeating yourself, there are gentler settings as well, such as waking to music, gradual alarms, and other, more humane options.
You’re an influencer of sorts, yes? Then consolidate your email, calendars, and social media in once place with BlackBerry Hub+ Inbox (Android), which indeed comes to us from the one-time titan of smartphones. The app makes it easy to check, respond to, and snooze messages from popular email platforms, plus Facebook, Twitter, LinkedIn, WhatsApp, WeChat, and others. It’s free and fully functional for 30 days, after which you’ll be shown ads here and there unless you subscribe.

Look, you don’t need to read every news story thoroughly, but a quick glance at headlines can go a long way toward keeping you informed. To that end, Google News (Android, Apple, Web) is a pretty easy way to wrap your head around the day’s headlines. The mobile apps, especially, do a good job of showing you the top five stories going on at the moment, while the web version lets you dig into various sections and features a bit more easily.
When it’s finally time to start getting ready, the nearly limitless audio buffet from TuneIn (Android, Apple, Web) offers streams of more than 100,000 radio stations from around the world and access to popular podcasts so you never run out of listenables. The free version is plenty feature-rich, while the $10/month or $100/year premium version adds streams from sporting events and news outlets.
Now that you’re ready to face the day, take a couple minutes to put a simple checklist together. The team behind the excellent Wunderlist has built the also-excellent Microsoft To-Do (Android, Apple, Web), which lets you quickly add and check off tasks, syncs with Outlook, and makes it easy to break larger tasks into smaller chunks. Sharing lists with others is easy, too, for those times you need to delegate.

SA expats: Don’t get caught out with unpaid tax


Working overseas can often lead one to being caught out with unpaid tax. Whether you’re a young graduate teaching English in Asia, a 50-something homemaker doing caring work in Britain, or a highly skilled professional, it’s important to know what the South African Revenue Services (SARS) expects if you’re working abroad. As a South African citizen and tax resident, you are potentially liable to pay tax even if you’re not living in the country. By understanding some basic tax rules, you can avoid inadvertently breaking some laws, and can also judge whether you might already owe SARS a payment. This is particularly relevant if you’re earning good money abroad, as new laws become effective from March next year, closing some lucrative loopholes.

Personal finance education website Justmoney, with its tax partner TaxTim, offers three case studies: 

Case Study One
Mark, 23, plans to teach English in Vietnam for two years and hopes to earn R20 000 per month. A recent graduate, he has not yet worked formally or paid tax. Although he might think that earning an income from an overseas source isn’t taxable back home, in this instance it is not necessarily the case. The South African taxation system works on a residence-based tax system, meaning we’re taxed on worldwide income. Under current law, Mark’s foreign income may not be subject to South Africa tax if he spends at least 183 days (roughly 26 weeks, or about six months) of a consecutive 12-month period outside of South Africa teaching English through his foreign employer. At least 60 of these days must be continuous. Under new laws, effective from 1 March 2020, South African residents who spend more than 183 days working outside the country will be subject to South African tax on foreign employment income over R1m. Mark won’t earn enough to fall into this tax bracket, but it is still important for him to register with SARS and file a tax return on money that he will earn next year even if he is not liable to pay tax. The good news for Mark is that doing your tax online has been made easier: Innovations in South African Revenue Services (SARS) such as eFiling and the MobiApp, makes it simpler to register and navigate, meaning Mark can now register with SARS eFiling. 

Case Study Two
Mary, 55, has undertaken contract care work in the UK for seven months a year, for three years. Her accommodation and food are covered and R35 000 per month earnings have managed to sustain her family well (children have left the family nest, but Mary’s husband Peter is an invalid). Mary has not completed a SARS tax return over the past few years and is concerned that Brexit may affect her. Under current law, Mary’s foreign income may not be subject to South African tax if she spends at least 183 days (roughly 26 weeks, or about 6 months) of a consecutive 12-month period outside of SA.  At least 60 of these days must be continuous or unbroken, however, so Mary should think twice before flying back often between caring stints. New laws will not affect Mary as she does not earn over R1 million, but it is still important for her to register with SARS and file a tax return. Mary should meet with a qualified tax consultant for some advice. She may already be paying some tax through the British agency that finds her placements. She could claim expenses against her income, for example the costs of air tickets between South Africa and Britain, and transport to reach her place of work. This may be relevant to UK tax law, but as she will not be paying tax in South Africa it would not be in SA. At this stage Brexit negotiations are unlikely to affect Mary, but her tax advisor will keep her updated. 

Case Study Three
Sipho, 46, is a senior financial services manager in Hong Kong. Sipho earns R4 million a year plus a discretionary bonus that is around R1million a year. He has been working overseas for three years and plans to return home in two years’ time. Sipho is the type of taxpayer who will be affected by the new law. He will have to declare all of his Hong Kong income in South Africa and will be taxed on his foreign earnings exceeding R1m. As he is earning well above the rand equivalent of R1,5m, he will have to pay tax on up to 45% of his US earnings, in South Africa. He will be able to deduct the foreign tax he has paid so as not to be taxed on the same income twice, however he will no longer reap the benefits of the lower Hong Kong tax rate. Sipho may decide he does not want to return to South Africa after all and may be advised to financially emigrate, which means he will get to keep his South African citizenship and passport, but will be emigrating from a tax point of view. This is a formal SARS and South African Reserve Bank process. SARS will treat Sipho as if he is selling all his assets in South Africa – even if he isn’t – and he will need to pay tax on that amount as capital gains tax for all assets sold except for property.


7 economic trends set to dominate the 2020s


From preventative medicine to smart mobility and 5G — the 2020s will see significant trends driving global growth over the next decade.

The Roaring Twenties of nearly 100 years ago was defined by a surge of consumerism, a brightly revitalised global economy and the arrival of the concept of mass culture. It was also a time of significant political and social change — an undercurrent that charged conversations and technological innovation. Today, the world awaits the 2020s, with eager anticipation and much excitement, as a decade likely to be defined as much by further leaps in technological innovation as by its socially influenced political and economic upheavals. The resultant landscape will inevitably require a much more comprehensive level of understanding to effectively capture the growth opportunities.  

“There are seven major themes that will drive global growth over the next decade,” says Jonathan Sieff, Senior Portfolio Manager at Sasfin Wealth. “These will change the way we live, the way we travel, how we engage and collaborate, and how we work. Each of these themes should form part of any forward-thinking investment portfolio to ensure it is capable of benefiting from these specific market forces.”

Healthcare Innovation
The cost of medical solutions has reduced exponentially over the years – the complex process of mapping the human genome cost over US$ 1bn when it first emerged, but by the mid 2020’s it will be mapped for less than a few hundred dollars. This has huge ramifications for preventative medicine as doctors can use genome mapping to assess cell mutations and invest in preventative care that could mitigate the health impacts of obesity, cancer and so much more. This will be complemented by further advancements in robotic surgery, preventative diagnostic equipment, improved education and medical intervention techniques.

Smart Mobility
This involves combining materials like lithium and cobalt with metalloids, such as silicon, or innovative organic compounds to produce the batteries of the future — “new technologies required to drive the concept of e-mobility forward,” says Sieff. “The next decade will see significant refinements to connected vehicles and mobility solutions that will fundamentally change the way we travel, such as autonomous vehicles that bypass fossil fuels entirely.”

Internet-of-Things (IoT)
This buzzword, and its enabler, 5G involves digitally animating the physical world using a vast array of devices, with 5G enhancing the speed and reliability of connections across the globe. For now, 5G penetration is still relatively low globally. For example, the concept of the smart home has yet to entrench itself as a modern living standard. Only 3% of homes in the United States are smart homes, with seamless communication between devices to enhance quality of life. The next few years should see this concept become increasingly accepted and entrenched as the costs of internet access, mobility and technology reduce further.

Robotics and Artificial Intelligence (AI)
Robotics and AI will continue to have a huge impact on the Fourth Industrial Revolution (4IR). “Technology and cost efficiencies will redefine consumer robotics and improve quality of living by automating a number of previously menial human functions, according to Sieff.  AI-assisted diagnostics will be able to provide personalised care and improved treatment outcomes, and by considering all available evidence, deliver predictive analytics to detect hidden factors and reduce side effects through personalised drugs.

Digital Entertainment and eCommerce
In terms of digital entertainment, “online content and how people access and aggregate their information will continue to innovate,” explains Sieff. “Online streaming TV is fast replacing cable and satellite delivery and this trend will continue to accelerate.  Alongside this trend, the world of advertising is clearly trending towards programmatic advertising, which will have a powerful impact on personalisation and eCommerce growth.” The 2020s will see the omnichannel retail world continue to shift on its axis to become increasingly accessible and relevant to the consumer. This will be particularly obvious in developing countries, such as South Africa, where the online market remains limited but is now showing signs of significant growth.

Cloud Computing and Cybersecurity
Arguably the penultimate theme of the 2020s, the cloud computing and cybersecurity market is growing exponentially and is extremely competitive. It will be defined by continuous innovation, embedded cybersecurity, and privacy of information. These factors will influence which organisations thrive and which wither over the decade as those that adapt will likely grow alongside cloud demand.

Clean Energy
Sustainable energy will dominate in the 2020s,” says Sieff. “There is an increasing awareness of the need to live more sustainably and to invest into renewable power innovation. Innovation has become a necessity, given the environmentally harmful nature of fossil fuels over and above their finite nature. It has also improved the relative cost advantage for renewable options as population growth and ongoing urbanisation continue to drive the increased consumption of electricity, particularly in a world of more interconnected devices.” 




DataProphet Awarded as Technology Pioneer by World Economic Forum


DataProphet, a global leader in artificial intelligence (AI) in manufacturing, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. DataProphet was founded in 2014 and has since modernised manufacturing plants through advanced deep learning, resulting in significant, practical impact on the factory floor. 

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.

This year’s Tech Pioneers are emerging innovators from a diverse set of industries. These firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The focus areas of this year’s Tech Pioneers, include agtech, smart cities, cleantech, supply chain, manufacturing, cybersecurity, autonomous vehicles and drones.

The diversity of these companies extends to their leadership as well, as 25% of 2019 Tech Pioneers are female led. The firms also come from many different regions beyond the United States and Silicon Valley. In fact, this year’s class of 56 firms represent every continent except Antarctica. The full list of technology pioneers can be found here.

Following its selection as Technology Pioneer, DataProphet’s CEO and Co-Founder, Frans Cronje, participated in the World Economic Forum Annual Meeting of the New Champions. This meeting, also dubbed “Summer Davos” was held in Dalian, China earlier this month. Many Pioneers will also attend the Annual Meeting in Davos, in January 2020, and continue to contribute to Forum initiatives over the next two years. 

“We’re excited to welcome DataProphet to this year’s innovative class of technology pioneers,” says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “DataProphet and its fellow pioneers are leaders in using novel technologies to transform their industries. We see great potential for these next generation companies to shape solutions to global challenges and improve society for years to come.”

“It’s a huge achievement to be acknowledged as a pioneer by the World Economic Forum,” said Frans. “It is great to receive affirmation that our AI technology is unique and valuable when it comes to reducing defects and improving processes for manufacturers. We are excited to partner with the Forum to shape the future of manufacturing.”

The Technology Pioneers were selected by a selection committee of more than 59 academics, entrepreneurs, venture capitalists and corporate executives. The committee based its decisions on criteria including innovation, potential impact and leadership. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.