Cybatar is a

technology company A technology company (or tech company) is an electronics-based technological company, including, for example, business relating to digital electronics, software, and internet-related services, such as e-commerce services. Details According to ''Fo ...

of the full cycle specialized in cloud-based technology platforms and software. The company was founded by

Phiwa Nkambule Phiwa Nkambule (born 24 January 1992) is a technology entrepreneur, technology businessperson and internet activist best known for co-founding Riovic and leading it as its CEO. He previously founded Cybatar and sat on the board of the Royal Sc ...

in October 2014 initially as a social networking company but pivoted into a

SaaS Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is cons ...

platform for on-demand services in 2015. Cybatar has been involved in the development of other technology startups including financial technology company

Riovic Riovic Capital Group, or simply Riovic, is a financial technology company and private equity holding company that provides a platform that lets private companies discover private equity funds, raise capital, manage their capitalization tables ...

. In 2015 the company announced

Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...

's first fuel delivery network which was received as evidence that South African entrepreneurs had embraced the idea of the On Demand Economy, and as an improvement to the

Petroleum Industry The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The larges ...

value chain A value chain is a progression of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) to the end customer. The concept comes through business management and was firs ...

. In the wake of the FeesMustFall protests in South Africa, the company launched a university scholarship

crowdfunding Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over was raised worldwide by crow ...

platform and campaign to save students across the country who were in tuition debt and were facing financial exclusions in 2016. The software company also received international recognition for being

lean Lean, leaning or LEAN may refer to: Business practices * Lean thinking, a business methodology adopted in various fields ** Lean construction, an adaption of lean manufacturing principles to the design and construction process ** Lean governmen ...

and its technological contribution to the community in South Africa through a nomination for the African Corporate Excellence Awards 2015 under the

Information Technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (I ...

category. It was then named Best

Cloud Computing Cloud computing is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mul ...

Company - Africa in November 2015 in the awards.

References

External links

* {{Witwatersrand companies Cloud computing providers Software companies of South Africa Sharing economy Companies based in Johannesburg Technology companies established in 2014 Software companies established in 2014

See also

References

External links