ShapeShifter

SA start-up uses local talent to teach machines to think for themselves

It sounds a little dull.

Bruce Whitfield, The Money Show

It’s exciting!

Frans Cronje, DataProphet

The work we’ve done is applicable on a global scale… Our vision is to become a global company, using local talent…

Frans Cronje, DataProphet

Frans Cronje is the Managing Director (and cofounder) of DataProphet, a Cape Town based machine learning start-up that specialises in creating tailor-made machine learning algorithms.

Since founding DataProphet in 2014, Frans has been involved in a wide range of machine learning projects including emotion recognition and natural language processing.

Cronje has a Master’s Degree in Mathematical Statistics and an Honours in Actuarial Science from the University of Cape Town.

In March DataProphet made headlines when it secured funding from venture capital firm Knife Capital.

The Money Show’s Bruce Whitfield interviewed Cronje for his weekly “ShapeShifter” feature.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

...we’re not experts; we’re relatively young…

Frans Cronje, DataProphet

A lot of AI writes an algorithm that writes an algorithm… We’re getting the machine to think for itself…

Frans Cronje, DataProphet

There is a large amount of talent [in South Africa]… Basing our company in Cape Town has enabled us to build a good team… The nature of work we do, you can be based anywhere in the world… That we’re here doesn’t matter…

Frans Cronje, DataProphet

For us to connect to Europe takes 150 milliseconds… It’s fast, but you’ll notice it… It’s an irritation we face…

Frans Cronje, DataProphet

The nature of starting in South Africa… you have to build a business first, then build product.

Frans Cronje, DataProphet

We employ 30 people…

Frans Cronje, DataProphet

We’ve taken money from Knife Capital… they share a similar vision to ourselves… taking South African companies to an international market…

Frans Cronje, DataProphet

The nice thing about consulting is you immediately start to earn cash...

Frans Cronje, DataProphet

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
'People love living in our hotels. We’re at 80% occupancy'

'People love living in our hotels. We’re at 80% occupancy'

The Money Show’s Bruce Whitfield interviews Marc Wachsberger, Managing Director and founder of The Capital Hotel and Apartments.

Meet Sewela Mokoena, the inspiring 28-year-old distiller of Eleven28 Gin

Meet Sewela Mokoena, the inspiring 28-year-old distiller of Eleven28 Gin

Bruce Whitfield interviews Mokoena, single mother of Refiloe, the inspiration behind her businesses, including "Eleven28 Gin".

We gifted 20% of the business to NGOs - Itumeleng Kgaboesele (Sphere Holdings)

We gifted 20% of the business to NGOs - Itumeleng Kgaboesele (Sphere Holdings)

Bruce Whitfield interviews Itumeleng Kgaboesele, co-founder and CEO of investment holding company Sphere Holdings.

A compelling argument for using SA's pension funds to build infrastructure

A compelling argument for using SA's pension funds to build infrastructure

Bruce Whitfield interviews John Oliphant, former Principal Executive Officer at the Government Employees Pension Fund.

What in the world happened to eNews anchor Pat Pillai? He’s been rather busy...

What in the world happened to eNews anchor Pat Pillai? He’s been rather busy...

The Money Show’s Bruce Whitfield interviews Pillai for his weekly (on a Wednesday) “ShapeShifter” feature.

Tiny firm aims to be a billion rand behemoth employing unskilled South Africans

Tiny firm aims to be a billion rand behemoth employing unskilled South Africans

"We must invest in companies that can absorb South Africa’s abundance of unskilled labour," says Exxaro’s former CEO Sipho Nkosi.

Popular articles
[LISTEN] Beware of the 'money bomb' scam this festive season!

[LISTEN] Beware of the 'money bomb' scam this festive season!

CEO of SA Banking Risk Information Center, Kalyani Pillay chats about the new festive season scam that's robbing people blind.

I broke my cell & deactivated my account after I saw Gigaba's vid - Coconut Kelz

I broke my cell & deactivated my account after I saw Gigaba's vid - Coconut Kelz

In the Current Affairs segment, satirical comedian Coconut Kelz chats about the real reason behind Malusi Gigaba's resignation.

[LISTEN] To give your kid a phone or not? That is the question

[LISTEN] To give your kid a phone or not? That is the question

In the parenting feature, creative parenting expert, Nikki Bush chats about the right age to give your child a cellphone.

[LISTEN] Cervical cancer is the only cancer that is caused by sex - Dr Eve

[LISTEN] Cervical cancer is the only cancer that is caused by sex - Dr Eve

Dr Eve discusses cervical cancer and how it can be prevented.

[LISTEN] Is Gqom really music? Callers share their views

[LISTEN] Is Gqom really music? Callers share their views

Callers on the open line discuss class appropriation by musicians and music genres.

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

"I have no desire for clothes. I have no desire for holidays. I have no desire for outings. All I see is the suffering of people…"

Telkom 947 cycle challenge road closures update

Telkom 947 cycle challenge road closures update

Joburg motorists are urged to take note of road closures during the 2018 Telkom 947 Cycle Challenge.

'They must release you, we want you outside' Minister Mokonyane tells Omotoso

'They must release you, we want you outside' Minister Mokonyane tells Omotoso

Nomvula Mokonyane tells rape accused Timothy Omotoso that they must release him as he is wanted outside.

Nondisclosed medical conditions may not matter in death claims - Ombudsman

Nondisclosed medical conditions may not matter in death claims - Ombudsman

32-year-old Brent Kruger was gunned down in gang crossfire but his life policy was denied by Old Mutual.