DVT, one of South Africa’s leading software development and consulting specialists, has formalised its partnership with IB Technology, one of India’s fastest-growing global IT software solutions, services and consulting companies.
The companies have set up a jointly owned entity, IB Technology South Africa, trading as a wholly owned subsidiary of IB Technology, with the expectation of expanding their respective operations in South Africa and the African continent, and developing a compelling service differentiator in the global market.
DVT CEO Chris Wilkins says there are no downsides to what has become “a strong and successful relationship between two complementary technology companies”.
“IB Technology has the presence, credibility and first-hand operational experience of delivering business-critical IT services to some of the world’s foremost companies – and directly to its $4 billion-plus parent company, Indiabulls,” says Wilkins. “This gives us an immediate foothold across a range of key industries, including financial services, mining, utilities, telecommunications, and building and construction.
“We started working with IB Technology a few years ago as a supplier of high-value skills for some of our major projects in South Africa, and developed synergies between our companies that led to greater co-operation and closer working ties. Through IB Technology South Africa, we now have a platform we can leverage to win major IT projects, not only locally, but increasingly abroad.”
Keith Milner, Senior Vice-President and Director, IB Technology, says DVT’s local know-how and extensive operational footprint in South Africa was an attractive opportunity that dovetailed with IB Technology’s expansion plans for the region.
“Our strategy is to become a global company with a multinational workforce, employing and skilling up South Africans and consolidating our skills with the right talent from India and other operational regions around the world,” says Milner.