The vague "Bressate" bet on the countries of the global south to stimulate their growth

Presight AI Holding PLC, specializing in Abu Dhabi data analyzes, is looking for global transactions to stimulate the next phase of its growth. The company today, Wednesday, announced the achievement of sales in the first quarter of $ 563.9 million Dirhams ($ 153.5 million), representing an annual increase of 115%. About 23% of these sales come from outside the Emirates, while the company seeks to increase this percentage to 40%, focusing on countries in Asia, Latin America and Africa, which, according to CEO Thomas Parmotidham, is known as the ‘Global South’. “This is the current growing driver and over the next ten years,” Bramutideham said in an interview with Bloomberg TV. The majority of the UAE -supported majority of the “Bressate” business, “G42”, supported by the company “Microsoft”. “Bressit” competes with large technical companies such as “Palaanttir Technology Inc” in providing software for data analysis to government agencies, and sectors such as energy and financing. Recently, “Brissit” has entered into agreements with local governments for a number of cities, as it unveiled in February a ‘Smart City’ project worth $ 190 million in Astana, the capital of Kazakhstan. It also announced plans for similar projects in Albania, including services to improve the Department of Traffic and Public Safety. Balkan is a promising market for ‘Brassate’, Bramutideham, that ‘Brezit’ plans to open an office in Albania, which describes the Balkan region as a promising growth market. The company signed an agreement with the Colombian government last year, and it was also active in a number of African countries. “They haven’t had good partners yet, and these cameras working with cameras have shown that they contribute to the creation of a safe environment,” said Digital Development Minister Zelan Madiev in Kazakhstan. According to a company spokesman, the number of “Bressate” employees exceeded more than 700 employees, or almost twice the number it was when it was admitted to the Abu Dhabi Stock Exchange in 2023.