Abu Dhabi-based AI firm Presight expands to Global South markets for growth

Presight AI is leveraging its strong domestic performance to fuel ambitious global expansion plans, particularly across emerging markets. The data analytics provider’s strategic pivot toward international growth comes amid impressive financial results, with first-quarter sales more than doubling year-over-year, signaling the company’s growing influence in the global AI analytics landscape.

The big picture: Presight AI reported first quarter sales of 563.9 million dirhams ($153.5 million), marking a substantial 115% annual increase as the company accelerates its international expansion strategy.

Key details: Around 23% of Presight’s current sales originate from outside the United Arab Emirates, with the company targeting an ambitious increase to 40% in international revenue.

• CEO Thomas Pramotedham has identified the Global South as the primary focus for expansion, specifically targeting countries across Asia, Latin America, and Africa.
• The strategy positions Presight to capitalize on emerging markets that may be underserved by Western AI and data analytics providers.

Behind the numbers: Presight’s strong domestic performance in the UAE provides the financial foundation necessary to fund its global growth initiatives while maintaining profitability.

• The company’s 115% year-over-year growth demonstrates both market demand for its analytics solutions and effective execution of its business strategy.
• This rapid growth rate suggests Presight has found product-market fit within the UAE that it now seeks to replicate across similar markets internationally.

Why this matters: Presight’s focus on Global South markets represents a strategic approach to international expansion that differs from many Western tech companies that typically prioritize developed markets in North America and Europe.

• The company’s UAE success story could serve as a template for similar expansion into other emerging economies with comparable needs and market dynamics.