Press Release - South Africa Office

5Y Technology Limited | Press Release | 5Y Unveils New Branch in Cape Town, South Africa

PRESS RELEASE

FOR IMMEDIATE RELEASE

‍5Y Technology Limited Expands Horizon: Unveils New Branch in Cape Town, South Africa

Cape Town, South Africa - May 9, 2023 - 5Y Technology Limited, is thrilled to announce its latest global expansion by developing a presence in the heart of Cape Town, South Africa. This strategic expansion underscores the company's unwavering commitment to revolutionising traditional delivery methods.

"Expanding our global presence to Cape Town, a city teeming with a dynamic tech ecosystem and a diverse talent pool, is an exciting milestone," expressed Jamille Sammour, CCO of 5Y Technology Limited. "Our growth is not merely geographical. It's about cultivating deep connections within a community that resonates with our ambition, to challenge the conventional paradigms of how data-driven transformation should be approached and delivered.

As part of this strategic growth, 5Y Technology Limited extends a heartfelt commendation to its existing South African team, whose exceptional dedication has been pivotal in achieving the company's expansion objectives in South Africa.

5Y plans to establish a Cape Town office to serve as a central hub for the existing remote based team, fostering opportunities for emerging talent. The company is committed to enhancing its product management function and offering formidable support for product delivery.

"As we continue to grow, our focus remains on assembling a team that passionately shares our vision and values," added the Jamille. "We eagerly anticipate expanding our family of innovators and disruptors who are keen on transforming the execution of IT projects."

About 5Y Technology Limited

5Y Technology launched with a mission to revolutionise the way technology is implemented to enable rapid business transformation. We set about building a platform and framework that would enable rapid access to organisational data to unlock and insights, support the creation of a digital twin, and assist with other workloads that include automating the deployment of new, or migration between business applications.

Our platform, structured around a modern data architecture, is anchored by a proprietary data model, modelling techniques and ingestion engine. This combination has unlocked a new level of speed and efficiency, enabling us to unlock valuable insights from complex data with unprecedented speed.

‍