Renati Group announces the use of Artificial Intelligence and Business Analysis to revolutionize the fuel sector

2021 was a great year for the Renati Group. Fuel sales volume increased with just over 50%. We reached our goal for breaking 50m litres fuel sales and distribution in a calendar month in October 2021. This is a remarkable feat from the humble beginning of 15 000L in the first month of operation in 2008. Where in the past the biggest volume growth came from the small operator or business, the 2021 growth was driven by the big and corporate customers. Bigger businesses found the comprehensive management functionality offered by the Renati software and the ability to share data with customer business systems a very effective and improved method to monitor and manage commercial fleet refuelling.

Renati Group - leaders in the fuel industry - 2022 operational results of the group.

2021 Was another great year for the Renati Group; but whereto in 2022? – By Stevie Ferreira

2021 was a great year for the Renati Group. Fuel sales volume increased with just over 50%. We reached our goal for breaking 50m litres fuel sales and distribution in a calendar month in October 2021. This is a remarkable feat from the humble beginning of 15 000L in the first month of operation in 2008. Where in the past the biggest volume growth came from the small operator or business, the 2021 growth was driven by the big and corporate customers. Bigger businesses found the comprehensive management functionality offered by the Renati software and the ability to share data with customer business systems a very effective and improved method to monitor and manage commercial fleet refuelling.

The Year 2020/21 – By Stevie Ferreira

“The year 2020 will remain in our thoughts for a very long time, although for the right or wrong reasons. For some it represents a very sad story; for others it was a very inconvenient year; and then there is the group for which it was the year of opportunity! At Renati we had a combination of all of the above, however, with an intentional attitude of looking where the opportunity is in this storm, rather than an attitude to protect and survive the storm, we end the year stronger than before Covid 19. As they say, ” in every failure or storm there is a seed of success and peace”.

The Story Of TFN – By Stevie Ferreira

In 2006 I realised that there was an opportunity to create a more modern on-road service product for the transport industry, out of which TFN was born. Oil majors, who controlled the market at that time, did nothing new and it was business as usual. It took me 18 months to develop the base software before we could take the product to market. Against all odds, and many-many people – even the suppliers I approached told me that it will not work and that I am insane to think transporters will pay cash for diesel. The business commenced in April 2008. We did 14,842 L the first month with 3 suppliers and 2 clients. In August 2020 we broke through a significant barrier, 20 million litres in one month!