Dimension Data launches cybersecurity business and sells head office

. Having traditionally integrated security features into its products, the Bryanston-based business has decided to launch a separate unit to tackle this potentially large market.

“We have looked at the geographies in which we operate and approximately 60% of that is addressable by this new business, which makes it a $2bn market. In rand terms at 15 to 1, it’s a $30bn opportunity,” he said. Regarding their other businesses, Bodley said their Merchants unit is in “advanced contract negotiations” with two large US companies that, if concluded, could see the company providing services to the US, which would create 3,000-4,000 new jobs in SA over the next two years.

The company occupies less than 50% of The Campus and said the sale of the premises is part of a wider restructuring exercise to enable the company to focus on its core business. It would continue occupying the premises.

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