17.4% H1 2024 revenue increase for Presight AI Holding PLC, driven by multi-year contracts, positive deployment mix, and AIQ contributions.
Presight AI Holding PLC reported a 17.4% year-on-year revenue increase to AED 603.5 million for H1 2024. The strong growth is driven by multi-year contracts, positive deployment mix, and contributions from AIQ. Q2 2024 revenue increased by 18.7% year-on-year to AED 341.4 million. Key partnerships include Intel, Dell, and Obvious Technologies, with new contracts signed with UAEAA, ADAA, and the Ministry of Education. Presight also formed a joint venture, IntelliGrid, with Esyasoft Technology to advance electricity, water, and gas sectors.
August 06, 2024
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