4Sight FY revenue up 34.9%

4Sight Holdings, a leading technology company, has reported a significant revenue increase of 34.9% in their latest full-year performance results. Tertius Zitzke, the CEO of 4Sight Holdings, recently sat down with CNBC Africa to discuss the company's success and outline their strategic vision for the future. During the interview, Zitzke emphasized the importance of leveraging artificial intelligence (AI) to drive automation in business operations. He highlighted the role of automation in streamlining routine tasks, allowing organizations to focus on their most valuable assets, which are their employees and customers. Zitzke pointed out that in South Africa, there is a wealth of talent that is now accessible globally, thanks to the new digital economy, positioning 4Sight Holdings for continued growth and success. One of the key areas of growth for 4Sight Holdings has been in the Americas and Pacific Australias, where their turnover has more than tripled. Zitzke credited this expansion to the company's expertise in business systems and proprietary intellectual property in business process management. He emphasized the importance of transforming data into actionable insights and business KPIs, regardless of the underlying technology stack. When asked about competition in the sector, Zitzke refrained from framing the discussion in terms of competitors, preferring to focus on strategic partnerships. He highlighted the channel partner cluster as a significant growth area for 4Sight Holdings, where they collaborate with partners across Africa and the Middle East to integrate software solutions from major vendors like Microsoft and Sage. In terms of future demand, Zitzke underscored the company's deep roots in AI and business processes, suggesting that 4Sight Holdings could be considered 'Africa's original AI company.' With a strong understanding of workflow systems and a track record of innovation dating back to the early days of database technology, 4Sight Holdings is well-positioned to capitalize on the evolving cloud and hybrid cloud landscape, especially with the rapid global expansion of data centers by tech giants like Microsoft. As the interview drew to a close, Zitzke addressed concerns about job cuts in the tech sector, particularly abroad, emphasizing that while consumer-focused industries may face challenges, the demand for intellectual capital in the business sector remains robust. He highlighted 4Sight Holdings' commitment to nurturing young talent, with plans to onboard a significant number of graduates to fill open positions within the company. In summary, 4Sight Holdings' impressive revenue growth underscores their position as a key player in the technology industry, with a strategic focus on leveraging AI, automation, and business process management to drive innovation and sustainable growth. With a strong emphasis on talent development and strategic partnerships, the company is well-equipped to navigate the evolving technological landscape and capitalize on emerging opportunities.