MIN­NOW MAK­ING A SPLASH

Finweek English Edition - - INVESTMENT -

Many South African com­pa­nies have gone global but most of them have been very large-cap stocks and re­sults have been mixed with some, like SABMiller, to­tally shoot­ing the lights out while oth­ers have been a to­tal fail­ure, such as Dis­cov­ery’s foray into the US. MiX Telem­at­ics is one of the smaller ones that has qui­etly gone global and suc­ceeded in a big way. Its prod­ucts are sold in 112 coun­tries and the lat­est set of re­sults shows al­most 60% of rev­enue now an­nu­ity but most im­por­tantly is that MiX Telem­at­ics has no se­ri­ous com­pe­ti­tion in the global space. As the CEO told me ear­lier in the month: “Re­ally very few […] can stand head to head with us in terms of our abil­ity to ser­vice global multi­na­tion­als.” This is a huge edge as it is op­er­at­ing in a num­ber of ver­ti­cal mar­kets and happy clients lead to more happy clients.

Mix Telem­at­ics

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