SA entrepreneurs starts business from varsity lab, now make R3m a year

- Five years ago, Tyrone Adams and Siyabonga Thomas Tiwana founded Skywalk Innovations

- The duo started the company with no money and in their university's research laboratory

- Today, the company has an annual turnover of more than R3 million and it is just the beginning

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Tyrone Adams and Siyabonga Thomas Tiwana met in their third year at Cape Peninsula University of Technology and the chance encounter led to an innovative business being born.

Tyrone Adams, 28, and 29-year-old Siyabonga Thomas Tiwana founded Skywalk Innovations - a software engineering firm - in the varsity's research lab five years ago.

However, it did not take long for the innovative duo to get their own place and they have never looked back since.

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Fast forward five years and the two entrepreneurs are already making a success of the tech business.

In 2019, the duo featured on Forbes Top 30 Under 30 list and they're already racking up more than R3 million a year.

However, Briefly.co.za learned Tiwana and Adams are far from reaching their goal. Speaking to Forbes, the businessmen revealed they hoped to become Africa's biggest software engineering company.

"Our goal is to be the biggest software engineering company in Africa. We are aiming towards a turnover of over R100 million ($6.7 million) in five years and to be listed in a stock exchange,” Tiwana said.

Currently, the team consist of nine people - made up of engineers, business analysts and user interface/user experience experts.

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Source: Briefly News