Abu Dhabi’s Palantir Rival Bets on Global South to Spur Growth
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Presight AI Holding Plc, a data analytics provider based in Abu Dhabi, is seeking global deals to drive its next phase of growth.
On Wednesday, the company reported first quarter sales of 563.9 million dirhams ($153.5 million), a 115% annual increase. Around 23% of those sales came from outside the United Arab Emirates. The company is “striving toward 40%” in international sales, focusing primarily on countries across Asia, Latin America and Africa that make up the Global South, according to chief executive Thomas Pramotedham.