Strategy for a high tech future

August 23rd, 2017, Published in Articles: EngineerIT

Altech Group CEO Mteto Nyati said in a recent press gathering in Melrose that the company had completed its strategy review and was succesfully implementing the consolidation and realignment for a new era of growth and expansion, with emphasis on its position as an ICT sector player.  As part of the strategy review, the company has streamlined its management structure and simplified its operations with the proposed disposal of Powertech and UEC.  The business is set to be more cost-effective and unified, with a strong focus on local R&D in the areas of safety and security, healthcare, the financial industry and learning and development.

Johan Gellatly, group executive: Bytes Secure Transaction Solutions; Zipporah Maubane, group executive: marketing, PR and Comms; Mteto Nyati, chief executive; Harry Louw, MD Altech Netstar and Cherina Smith, GM Bytes Universal Systems.

Nyati said that the company also aims to strengthen its position in international markets and intends to grow its already significant presence in Africa.  It is well established in the area of fleet management in Australia and plans to substantially increase growth of the Altech Netstar business in South Africa, especially in the areas of fleet management and telematics. Acquisitions in the UK are planned to build on the already succesful Bytes UK technology business.

Contact Chris van Zyl, Altron, Tel 011 205-7969, cvanzyl@altech.co.za

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