Adapt IT pursues growth beyond SA as local market disappoints

CAPE TOWN – JSE-listed software provider Adapt IT yesterday said that it would continue to focus its attention on growth opportunities beyond South Africa to contend with the weak local market.

Adapt IT chief executive Sbu Shabalala said the group had identified opportunities for growth in spite of the tough trading environment.

Shabalala said the group was growing faster in its Pan African and Asia markets as it now made 27percent (2018: 22percent) of the total revenue.

He said the focus would be on growing these markets, as well as on new opportunities locally, such as consulting, which was a new market in South Africa, and growing again in the public services market.

Adapt IT is a provider of specialised software and digital solutions to the education, manufacturing, financial services, energy, communications and hospitality sectors.