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Building successful and sustainable innovative technology businesses

Building successful and sustainable innovative technology businesses

Aurik CEO and co-founder Pavlo Phitidis was the keynote speaker at the Innovation Bridge event in Midrand recently. With his constant exposure to the changing face of business, Pavlo shared some of his insights on how businesses around the world are adapting their thinking and finding new ways to use technology to reap the rewards of their vision. How can South Africans benefit in a similar way?

According to Pavlo, unemployment is the main problem we are facing in South Africa: we have to reshape our economy to remain sustainable. Unless we get this right, anything we do is of little value. It is important that people are included in any sustainability initiative to make them viable and beneficial. To make this possible, big business has to invest in innovative technologies, government needs to provide sound policy and leadership certainty, civil society needs to demand standards and services, labour needs to upskill and parents must insist on higher standards of maths and science education for their children.

Aurik was happy to take part in the Innovation Bridge event, an occasion that sets the stage for the promotion of technology and exciting opportunities. The Innovation Bridge, South Africa’s technology showcase and matchmaking event, took place at Gallagher Estate, Midrand, on September 15. The event is an initiative of the department of science and technology and is implemented with the Technology Innovation Agency and the National Intellectual Property Management Office. The event aims to forge links between local and international innovators, industry and public and private technology development, and commercialisation funding partners.


Tags: In the News, Growing business value, Asset of Value, Positioning your Business

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