4Sight FY HEPS up 35.7%

Technology company 4Sight has reported impressive financial results, with revenue surging by more than 20 per cent and headline earnings increasing by more than a third to R23.79. The company, which specializes in assisting businesses on their digital transformation journey, has identified the industrial sector, particularly mining, metals, and manufacturing industries, as the key contributors to its growth. During a recent interview with CNBC Africa, CEO Tertius Zitzke discussed the company's strategy and the factors driving its success. Zitzke highlighted the importance of focusing on people, customers, operations, financials, and product innovation as key pillars of digital transformation. He emphasized the significant role data plays in enabling businesses to adapt and thrive in the digital era. As the conversation shifted towards emerging technologies like artificial intelligence and CHAT-GPT, Zitzke expressed optimism about the opportunities these innovations present for 4Sight's business. He showcased how their own IP, including the Workflow 2 tool, integrates AI to streamline business processes, saving time and enhancing efficiency. Zitzke also addressed the impact of load shedding on the business landscape, acknowledging the challenges it poses but also highlighting the opportunities for innovation in clean energy solutions. Despite the disruptions caused by external factors like load shedding, 4Sight remains focused on driving digital transformation and delivering value to its customers.