4Sight inks deal with Unplugg to create B-BBEE level two company
4Sight Holdings, the JSE-listed technology company, has formed a strategic partnership with Unplugg Group. The new alliance, 4Sight Unplugg, will be 51%-owned by Unplugg and 49% by 4Sight.
Unplugg was founded in 2006 and currently has two subsidiaries, Unplugg Software Solutions (the founding division) and Unplugg Consulting Solutions.
“We are delighted to have finally found black partners that have the same passion for using technology innovatively to solve clients’ problems – the culture fit between the two companies is remarkable,” says Tertius Zitzke, CEO of 4Sight. “The Unplugg team is a set of truly impressive individuals with a solid base of experience and skills that complement our own. We are very excited about the potential of 4Sight Unplugg and are delighted to have people of this calibre on board.”
4Sight Unplugg’s board will be led by Antony Hlungwane, the CEO of Unplugg. Other board members are Kagiso Seshoka, who heads up Strategy and Marketing at Unplugg, and Themba Gumbi, head of Client Engagement/Sales at Unplugg. 4Sight’s nominees are its CEO, Tertius Zitzke, and Director of Business Development, Christiaan Leboho.
“The strategic alliance’s collective experience and intellectual capital will strengthen our position in the market and enable clients to benefit from transformative solutions that deliver value and outcomes that matter. Furthermore, the partnership will extend our collective industry reach,” says Antony Hlungwane, CEO of Unplugg.
The vehicle for the new strategic partnership was registered in January and has already begun working for clients and has a strong pipeline.
Antony Hlungwane has more than 20 years’ experience in the ICT industry. He is a former CIO of Mr Price, and has extensive executive experience in the retail, banking and telecommunications industries. In 2013 and 2015 he was a finalist in the annual ITWeb Visionary CIO award. Among other qualifications, he holds an MBL from Unisa School of Business Leadership.
Kagiso Seshoka has worked in corporate South Africa for 15 years in the banking, insurance, ICT and mining sectors. Her forte is strategy execution, and she has been involved in the successful implementation of IT, business change, client take-on, regulatory and HR projects. Seshoka holds an MBA from Gordon Institute of Business Science.
Themba Gumbi has more than 21 years of leadership experience in the IT industry, including a 13-year stint at one of the largest South African ICT companies where he was a member of exco and a director of various subsidiaries. He has also held several senior sales and client engagement positions and holds an MBL from Unisa School of Business Leadership.
Tertius Zitzke has been a leading light in the ICT industry for 31 years, and was a co-founder of AccTech Systems, now part of 4Sight. He has played a key role in building AccTech and Dynamics Africa into an international ICT business as well as the leading Microsoft and Sage business partner globally, focusing on Industry 4.0 solutions in the new economy. He assumed the CEO role at 4Sight last year and is leading the repositioning of the company as an integrated provider of 4IR solutions.
Christiaan Leboho is a rising star at 4Sight. Only 25 years of age, he has already gained a track record in turning businesses around and spearheading growth. He has an extensive knowledge base in accounting, retail, ICT, mining, real estate, entrepreneurship and investment. He holds a BCom in Accounting.