NEWS

Engage with us on social media

The future of fast food

McDonalds-1024x683.jpg

27 September 2021
 

South Africa’s fast food industry is a textbook example of a competitive industry. No franchise dominates the market: while KFC is the biggest, there are at least twenty other brands with at least 30 stores. Think of Steers, Debonairs, Wimpy, Nando’s, McDonalds, Fishaways, and King Pie, to name just a few.

With the focus on speed in an already competitive environment, one would imagine that there is little room for further efficiency gains. But that would be wrong, as a recent Predictive Insights report reveals. Predictive Insights combines economic theory and machine learning to make better predictions. I asked founder and CEO, Rulof Burger, to explain how it is that their machine learning tools helped Hungry Lion to reduce wasteful spending by 14%.

35 Most Innovative South Africa Based Machine Learning Companies

futurology ml.png

15 August 2021
 

This article showcases our top picks for the best South Africa based Machine Learning companies.  These startups and companies are taking a variety of approaches to innovating the Machine Learning industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

40 Most Innovative South Africa Based Artificial Intelligence Companies

futurology ai.png

15 August 2021

This article showcases our top picks for the best South Africa based Artificial Intelligence companies.  These startups and companies are taking a variety of approaches to innovating the Artificial Intelligence industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

SA chicken chain Hungry Lion harnesses AI to reduce errors

hungrylion ventureburn.jpg

2 July 2021
 

SA chicken empire Hungry Lion has brought on Stellenbosch-based AI startup Predictive Insights to reduce errors in demand forecasts and staff scheduling.

Hungry Lion restaurant managers juggle many duties, such as determining customer demand, ordering stock, reducing waste, checking on customers, managing and scheduling staff. Staff scheduling takes significant time and requires accuracy to ensure customer satisfaction and continuing profit through the pandemic.

Alphawave Group secures R100-million investment

alphawave article.jpg

17 November 2020

Kgotso Schoeman, Chief Executive Officer of Kagiso Capital, explains the collaboration between Kagiso and Alphawave in an investment strategy to amplify SA innovative ideas and take it globally.

"We want to rapidly impact innovation in this country and w think Kagiso's interest and contribution on strategy, together with Alphawave's experience and skills, could have profound effects, drawing talent from the broader demographics of our country into internationally competitive science and engineering firms."

EMS postdoctoral fellow wins international data science challenge

Dr_Cobus_Burger_webBanner_edited.jpg

13 March 2020

Dr Cobus Burger, a postdoctoral fellow in the Department of Economics, was named the winner of an international data science challenge aimed at helping the South African government reduce road accident fatalities.

The competition - from October 2019 to early February 2020 - attracted 738 data scientists from across the continent and the world. Its objective was to build a machine learning model that accurately predicts when and where the next road incident will occur in Cape Town, using historic road incident data as well as traffic data from the Uber platform.

Man vs. machine: How humans tackled AI...and lost

Neil's picture.jpg

18 January 2019

 

Neil Rankin of Predictive Insights explains, “Identifying regular trends is difficult for humans, particularly if there are lots of overlapping patterns. What this means is that people see patterns where there are none and fail to see those that are there. This means that, for things like staffing and stocking, there are unnecessary inefficiencies that can be solved through data. In addition, some employees are often asked to do things they are not very good at, like analytics, when they were hired to manage a team and interacting with customers. It’s surprising how many resources, energy and time can be misdirected to meet an objective.”

A primer on the South African artificial intelligence ecosystem

AI primer.jpg

13 December 2017

 

We are living in the age of big data, as increasingly more enterprises invest in AI and machine learning — a branch of AI which is in its simplest definition is a form of data analysis — startups are taking notice and disrupting whole industries by employing that tech.

 

There are a large number of South African startups using AI-related technologies in their software solutions. Here below is a list of some of the more well-known startups — some of which have developed cutting AI solutions, or potentially disruptive technologies using AI.

CONTACT US

Neil Rankin

First Floor, Rhino House
23 Quantum Street, Technopark
Stellenbosch, 7600
South Africa