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The province
has a reputation for its ability to apply
knowledge and new ideas.
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Major international ICT companies have identified
with Gauteng’s spirit of creativity and intelligence
to make the province their African base
It may be the smallest of South Africas
nine provinces, but Gauteng is an economic powerhouse.
Having shifted its financial focus to sophisticated
sectors like information technology (IT), telecommunications
and industrial research and development (R&D),
Gauteng is increasingly becoming the nations
technological hub.
Appropriately dubbed the smart province,
it is home to two thirds of the nations
ICT sector. Companies like Microsoft, Hewlett-Packard
and IBM all have headquarters there, and others
are following suit. Gautengs Provincial
Government maintains that it is especially attractive
because it has low operating costs and lower
capital investment requirements, allowing the
region to adopt new technologies quickly.
With an ideal location, Gauteng has been more
than prepared to join the digital revolution
and be molded into a South African Silicon Valley.
High tech plants have easy access to the Johannesburg
International Airport for imports and exports,
theres an abundance of land for construction
and factories are used for IT plants. Goolam
Ballim, Chief Economist at Standard Bank, says,
Gauteng is knowledge-centric, technology-centric
and at the forefront of the South African economy.
Gauteng has forged ahead because it has the
ability to innovate and apply knowledge to create
new products and services. Local high-tech companies
are coming up with competitive software solutions,
and the province has strong IT, communications
and transport infrastructure, not to mention
skilled and well-informed technical people.
Information is indeed one of Gautengs
strategic resources, as seen with its Blue IQ
program, a multi-million dollar initiative set
to develop smart industries, tourism and high
value-added manufacturing.
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High-tech
Gauteng is on its way to becoming a South
African Silicon Valley.
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Cultural industries likewise have great potential
to encourage or to be sources of innovation
and technological development. According to
the Gauteng Tourism Authority (GTA), business
tourism contributes $2.9 billion to the South
African economy. To accommodate the influx of
people, the province has high-tech telecommunications
infrastructures linking the country to the rest
of the world, as well as the highest number
of internet service providers. Business travelers
have world-class access to internet through
local providers while hotels offer digital telephone
lines capable of data transfer.
As the information, communications and the
entertainment industries have all experienced
a digitalization of content, the film industry
is no different. The Gauteng Film Office (GFO)
markets new productions in the province, which
is truly an up-and-coming film site. It offers
lower production costs, highly skilled technicians,
world-class facilities, well-established and
equipped post-production digital facilities
and graphics, audio and animation houses.
Gambling is also reaping the rewards of ICT.
With a growing income and six casinos open for
business, the sector is developing its technology
at such a pace its difficult for regulators
to stay abreast.