PODCAST | 4Sight’s eye on growth and AI push

With 4Sight having turned a corner over the past three years, Zitzke and his team are now focused on growing the company. 

Last week, the company reported that revenue from operations increased by 20.7% to R696m for the year ended December 2022, compared to R576.8m in the prior period. Headline earnings per share (Heps) — which strip out the effects of one-off financial events — increased 35.4% for the period from 1.757c previously to 2.379c. 

The group has taken a big bet on AI, incorporating features like ChatGPT into some of its platforms for enterprise clients. 

Topics of discussion include: a review of 4Sight’s full earnings report, efforts to turn around the once-ailing business, investments in AI and plans for growth. 

Business Day Spotlight is a TimesLIVE Production. 

Source: businesslive.co.za