Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News

      ‘System offline’ scourge to end, says Schreiber – but industry must pay

      23 June 2025

      Why the spectrum gold rush may soon be over

      23 June 2025

      Tech stability key to getting South Africa off damaging financial grey list

      23 June 2025

      Naspers shifts to an AI-first strategy – and it’s paying off

      23 June 2025

      Letter: South Africa risks missing AI wave while world surges ahead

      23 June 2025
    • World

      Watch | Starship rocket explodes in setback to Musk’s Mars mission

      19 June 2025

      Trump Mobile dials into politics, profit and patriarchy

      17 June 2025

      Samsung plots health data hub to link users and doctors in real time

      17 June 2025

      Beijing’s chip champions blacklisted by Taiwan

      16 June 2025

      China is behind in AI chips – but for how much longer?

      13 June 2025
    • In-depth

      Meta bets $72-billion on AI – and investors love it

      17 June 2025

      MultiChoice may unbundle SuperSport from DStv

      12 June 2025

      Grok promised bias-free chat. Then came the edits

      2 June 2025

      Digital fortress: We go inside JB5, Teraco’s giant new AI-ready data centre

      30 May 2025

      Sam Altman and Jony Ive’s big bet to out-Apple Apple

      22 May 2025
    • TCS

      TechCentral Nexus S0E3: Behind Takealot’s revenue surge

      23 June 2025

      TCS | South Africa’s Sociable wants to make social media social again

      23 June 2025

      TCS+ | AfriGIS’s Helen Hulett on how tech can help resolve South Africa’s water crisis

      18 June 2025

      TechCentral Nexus S0E2: South Africa’s digital battlefield

      16 June 2025

      TechCentral Nexus S0E1: Starlink, BEE and a new leader at Vodacom

      8 June 2025
    • Opinion

      South Africa pioneered drone laws a decade ago – now it must catch up

      17 June 2025

      AI and the future of ICT distribution

      16 June 2025

      Singapore soared – why can’t we? Lessons South Africa refuses to learn

      13 June 2025

      Beyond the box: why IT distribution depends on real partnerships

      2 June 2025

      South Africa’s next crisis? Being offline in an AI-driven world

      2 June 2025
    • Company Hubs
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • AvertITD
      • Braintree
      • CallMiner
      • CambriLearn
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • Incredible Business
      • iONLINE
      • Iris Network Systems
      • LSD Open
      • NEC XON
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Tenable
      • Vertiv
      • Videri Digital
      • Wipro
      • Workday
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Public sector
      • Retail and e-commerce
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » News » New tech listing heading to the JSE

    New tech listing heading to the JSE

    By Staff Reporter7 September 2017
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp
    Antonie van Rensburg

    The JSE’s AltX is set to get a new technology listing. 4Sight Holdings, which recently acquired Digitata Mauritius for an undisclosed sum, will head to the AltX in October, the company said.

    The holding company, which describes itself as a “pioneer in Industry 4.0 technology”, wants to use the listing to raise as much as R300m, which it plans to use for acquisitions and to develop new products in sectors such as retail and health care.

    The company is led by co-founder and CEO Antonie van Rensburg, who said it sees opportunity in the use of “scientific and engineering skills applied cross-functionally with disciplines such as econometrics, medical sciences, bio-informatics and astrophysics”.

    4Sight plans further expansion through organic growth and acquisitions, seeking profitable businesses with deep data science skills

    The company, through its subsidiaries, earns its income mainly from licensing intelligent algorithms in a “software-as-a-service” annuity revenue model.

    4Sight Holdings is incorporated in Mauritius. It acquired Digitata Mauritius on a share-for-share basis in June. Digitata was formed 10 years ago and employs 150 staff. It operates in the telecommunications, media and property services industries, and uses big data, machine learning, artificial intelligence, blockchain technology and data science, 4Sight said in a statement.

    “Its offerings in dynamic tariffing, network services, gamification platforms and community portals indirectly serve more than 60m consumers in 15 countries. The acquisition brings 97% of 4Sight’s revenue in dollar-based income, with South Africa revenue contributing the remaining 3%.”

    Digitata has offices in New Zealand, the United Arab Emirates and Panama, and sales representatives in Canada, the US, the UK, Sweden, France, Spain, Malaysia, Singapore and a number of African countries including Mauritius and South Africa.

    Acquisitions by December

    “4Sight plans further expansion through organic growth and acquisitions, seeking profitable businesses with deep data science skills,” it said.

    It plans to make new acquisitions by December to offer mining and manufacturing customers the ability to “optimise value chains and plant operations in real time”.

    “This includes new AI technology, which can predict physical asset failures up to eight weeks in advance, providing customers with the means to reduce operational downtime,” it said.

    “4Sight Holdings’ planned acquisitions will add approximately 150 employees to the fold, bringing the data science and engineering capability to 300 personnel across the world who will be supported by another 200 on-demand specialists through its digital workforce platform.”

    The company is expected to publish its prospectus for interested investors next week.  — (c) 2017 NewsCentral Media



    4Sight 4Sight Holdings Antonie van Rensburg Digitata top
    Subscribe to TechCentral Subscribe to TechCentral
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleAlviva announces two acquisitions
    Next Article And now for autonomous cargo ships

    Related Posts

    TCS | Tertius Zitzke on 4Sight’s big turnaround

    26 May 2025

    4Sight shares climb on XFour acquisition

    23 April 2025

    4Sight to move to JSE main board

    17 January 2025
    Company News

    IoT connectivity management in South Africa – expert insights

    23 June 2025

    Let’s reimagine Joburg using the power of tech, data and AI

    23 June 2025

    Netstar doubles down on global markets while backing SA growth

    23 June 2025
    Opinion

    South Africa pioneered drone laws a decade ago – now it must catch up

    17 June 2025

    AI and the future of ICT distribution

    16 June 2025

    Singapore soared – why can’t we? Lessons South Africa refuses to learn

    13 June 2025

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2025 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.