OTTAWA, Canada – Acaveo, a software company producing innovative data management products, has joined in a strategic partnership with Soarsoft Africa in order to deliver its software to South African entrepreneurs.
Acaveo is a Microsoft partner based in Ottawa, Canada that produces software which enables companies to more easily analyze their data and govern their information to improve security and compliance. The company’s flagship product, Smart Information Server, is known as a “high-impact innovation for enterprise information governance,” according to Acaveo’s Website.
Soarsoft Africa, the company which Acaveo has partnered with, is a South African organization that finds and implements solutions to help customers efficiently manage unstructured data and information like emails, instant messaging, documents and files.
Geoff Bourgeois, CTO, Acaveo, said about the partnership, “We are very pleased to partner with the great team at Soarsoft. We recognize that organizations in South Africa are philosophically advanced in their thinking on data retention, security and information governance issues so we anticipate that Smart Information Server will be well received courtesy of the experienced team at Soarsoft.”
The partnership between these two companies exemplifies how far South Africa’s economy has progressed in recent years. According to World Bank data, poverty levels in South Africa has dropped from 38% in 2000 by 16 points to 22% in 2008, and has only dropped lower since. As South Africans rise above poverty, more will be involved in the types of businesses that Soarsoft caters to. This creates more and more opportunity for Western products, like the Smart Information Server from Acaveo, to be sold in South Africa.
The same holds true for the rest of the developing world. As foreign aid creates sustainable solutions which empower people to rise out of poverty, those people start consuming Western products, increasing exports and creating jobs in the U.S. and the rest of the developed world.
– Martin Drake
Sources: African Business Review, Acaveo, Soarsoft, Trading Economics
Photo: Technet