To lead and grow innovative and sustainable technology solutions
Our restructured business model is poised to enable unprecedented value for our customers. Our business sustainability relies on our ability to consolidate and deliver value for our customers, offering world-class technology services.
Taking responsibility for getting the solution right first time, being a partner for life
Excellence in project execution, continuously evolving a modern world of work
Stimulate economic growth by encouraging entrepreneurialism and creating shareholder value
Nurturing a more sustainable world through technologies that are relevant to our future
Our business sustainability relies on our ability to consolidate and deliver value for our customers, offering world-class technology services.
Our business model aligns with our purpose to SOLVE, delivering solutions that unlock value for customers by offering world-class technology services. We have demonstrated our ability to use the significant intellectual property we have across the Group to create powerful solutions for our clients, ensuring that our services remain relevant for the future, supporting our customers to make the most of their opportunities and helping them expand into new markets.
EOH's end-to-end capability is unequalled in its breadth and allows us to provide solutions that go beyond services, and we are focused on transforming from a product to a platform solution. These platforms are particularly relevant for small and medium-sized enterprises and mid-cap companies that need cost-effective alternatives to full-service end-to-end ICT teams. By delivering solutions that improve efficiencies in our customers' businesses and operations, we facilitate entrepreneurialism that contributes to job creation and stimulates economic growth. The financial value we create from our activities benefits a wide range of stakeholders, including the salaries we pay our employees, the tax revenue paid to the state and municipalities, payments to our suppliers, as well as the beneficiaries of our socioeconomic development ('SED') partnerships.
Over the period under review, EOH and its subsidiaries developed and implemented solutions that transformed the experience of our clients and their customers.
iOCO
Nuvoteq's contribution to rebuilding SA
We have assisted the South African government (in partnership with XTND to design and build a loss registration portal for the public to register and disclose the losses they experienced during the unrest, which resulted in looting in July 2021. We also assisted the National Treasury to launch the online portal (https://www.relief4sa.co.za/) in mid-September 2021 for businesses to report the damage they suffered during the violence in KwaZulu-Natal and Gauteng.
Many of the hardest hit are likely to be businesses that are small, informal, uninsured and not registered with the South African Revenue Service. The National Treasury talked to various authorities, as well as the short-term insurers and the banks, and realised there are still huge gaps in the information they have on the extent of damage suffered by businesses, including micro businesses such as spaza shops operating from people's houses.
President Cyril Ramaphosa made it clear that the government would ensure SASRIA could meet all claims and the National Treasury has so far allocated R3.9 billion to bolster the insurer's balance sheet. It is committed to providing further funds if necessary. Government's concern is with the uninsured small and micro businesses and is working with banks, short-term insurers and others in financial services to assess how these businesses can best be helped.
Provincial Government
EOH provides development and business intelligence capacity (among others) to the public sector client, and the team was instrumental in assisting to develop its COVID-19 dashboarding and to support the systems that were key to the province's effective COVID-19 response. In addition, the EOH team, in tandem with other vendors, completed a full migration for the client's systems from on-premise to the cloud.
LinkedTo
In 2017, 6.8 million South Africans experienced hunger, according to research by Statistics South Africa. As incomes were lost across South Africa as a result of the COVID-19 lockdown, food insecurity rose sharply. A recent Stats SA online survey found that the proportion of respondents who reported experiencing hunger had increased by 86% since the start of lockdown. The risk of food insecurity for vulnerable populations is dire.
In response to the growing crisis, iOCO partnered with fundraising experts BackaBuddy to develop a humanitarian-relief platform in order to coordinate food provision across the country. The platform, called LinkedTo, is a unique solution that connects donors and those in need to maximise the impact of food donations. It allows NGOs to identify and locate communities in need, and to track and record food parcel delivery as part of COVID-19 relief efforts.
In less than two weeks, the cross-functional iOCO team built a unique, customised and scalable.net Microsoft Azure cloud-based platform, and integrated data from 30 000 participating NGOs. The open-source application is optimised to handle massive loads of data and to protect the safety and security of users and collected data. This was done pro bono.
LinkedTo identifies a community's needs through multiple data points and uses built-in geotagging functionality to plot out distribution of Solidarity Fund aid. It also allows third-party organisations to contribute under a single banner to efficiently coordinate relief efforts. It lays a solid foundation for the support of the circular economy and to empower communities to help their own.
Local municipality
Budget control is a requirement from National Treasury in terms of the MFMA (Municipal Finance Management Act) and mSCOA (Municipal Standard Chart of Accounts) principles and regulations, aiming to reduce unauthorised expenditure. Most municipalities, historically had problems with wasteful and fruitless expenditure, resulting in poor cash flow management and qualified audit reports.
The EOH Oracle team recently implemented budget checking for the client, which allows the city to control expenditure on its operational and capital expenditure.
The system calculates the available budget and checks it against the full mSCOA account. Budget checking stops requisitions and purchase orders from being created if there is no budget available, thereby requiring the finance and line departments to review their purchase orders and transfer budget to the relevant account if required.
At this stage, budget checking applies to orders relating to non-stock, services, contracts and finance voucher payments. As we explore balance sheet budgeting for the client, we will look to implement budget checking on stock orders and other critical balance sheet items by December 2021.
Mapula Embroideries
Mapula Embroideries has been in existence for nearly 30 years, empowering more than 150 poor, marginalised and vulnerable women in the neglected, peri-urban area of the Winterveld and Hammanskraal, north of Pretoria. The women, many of whom are sole bread winners, have been able to feed and educate their children with this income.
Previously, the Mapula business was fully controlled, on a voluntary basis by one person with her own administrative system. This was a vulnerable situation. The intervention aimed to achieve better insight and control over several processes, in order to enable the sharing of responsibilities.
In 2020, iOCO Oracle ERP Competency assembled a team of three functional specialists to tackle and solve Mapula's core process control problem. As a result, and after an intensive fact-finding mission, an integrated NetSuite cloud-based solution was developed for the business.
The core solution consists mainly of financial and inventory, with some production controls. The iOCO Oracle NetSuite team provided its services at no cost and Oracle NetSuite provided the software at no cost to the Mapula Trust.
Mapula has the potential to provide employment and income for at least 100 women in the Winterveld and Hammanskraal areas, which is empowering for them, their children and grandchildren as a result of increased income, access to education, better nutrition and all-round health. The community at large will gain via the knock-on effect of more money being available in the community and being spent in small local businesses.
iOCO's work in the digital solutions arena reduces the need for paper and physical transport and therefore supports the environment by reducing the need for fossil fuels and fossil fuel-derived products.
Homeware Company
The aim of iOCO's work with the client was to develop and place a mobile app in the hands of every sales consultant to enable them to better serve their customers and move from paper to digital. Before the change, consultants used paper-based order forms that took days to process. Today, a mobile app allows consultants to place orders for their clients in real time. This project followed a human-centred approach and was validated with the consultants every step of the way.
NEXTEC
NEXTEC continued to drive those offerings that assist our customers to reduce their carbon footprints.
- Our key intervention is through enabling the significant reduction of travel required by utilities and large power users to measure their electricity usage through using online, remote, automatic meter reading.
- As an indirect intervention, customers use our system to measure and manage their energy and water usage to shift usage towards more renewable sources.
- Better control and management of electricity infrastructure through our general electric ('GE') and own IP Grid Monitoring solutions indirectly assists utility customers to run their networks more efficiently, thus reducing their impact on the environment caused by electricity wastage and losses.
COVID-19 Relief Partnerships
Solidarity Fund
The Solidarity Fund was established on 23 March 2020 to respond to the COVID-19 crisis in South Africa. EOH was among a group of volunteers responsible for building the cloud-hosted website providing information to citizens and organisations regarding the pandemic and response initiatives. The initial site was built in just over 24 hours ahead of the first lockdown announcement and has since facilitated over R3.4 billion in donations. Our team supports not only the website, including ongoing development for new campaigns, but also provides systems administration support to ensure the ongoing operation of the fund and its volunteers. The development and support are provided on a pro bono basis.
Business for South Africa
Business for South Africa ('B4SA') is an alliance of South African volunteers working with the South African government and other social partners, as well as various stakeholders, to mobilise business resources and capacity to combat the Covid-19 pandemic. In its current form, B4SA is focused on supporting the government-led national vaccine programme with an ultimate objective of reducing, and ultimately removing, the impacts of the pandemic and returning to a fully functional economy.
EOH built the cloud-hosted B4SA website over the weekend preceding the initial hard lockdown in March 2020 on a pro bono basis. The site has provided a means to communicate accurate, clear and transparent information on how to navigate the many challenges faced during this time, as well as access the appropriate available support.