Advotics will utilize the fresh investment to increase its tech capacity in product development and expand its user base, which includes small and medium enterprises as well as larger corporations, according to a statement released by the company. Advotics produces software to introduce a data-driven decision-making process for corporate clients and digitizes sales and distribution operations for businesses that previously managed those tasks manually.
To generate useful metrics for sales, productivity, and operational strategies, Advotics utilizes a cloud platform that processes data about a business’s operations, including distribution and marketing. It also offers inventory management via QR codes printed on product packaging, as well as geo-tracking, dispatch and route management systems, a B2B commerce platform, and more. The company claims that it has increased visits to its clients’ stores by 49% on average.
The people behind Advotics are its CEO Boris Sanjaya, an industrial engineer who previously worked for Boston Consulting Group; its CTO Hendi Chandu, a former senior software developer at Amazon; and its CPO Jeffry William Tani, who developed expertise in research and development at Schlumberger.
Dream high: Can Vietnam realize its tech unicorn ambitions?Dream high: Can Vietnam realize its tech unicorn ambitions?
Nio and Didi may merge their autonomous driving businessesNio and Didi may merge their autonomous driving businesses
15 suspects of crime ring arrested for using Pinduoduo to launder money15 suspects of crime ring arrested for using Pinduoduo to launder money
Hla Hla Win of 360⁰ed on bringing holistic change to Myanmar’s education system: Women in TechHla Hla Win of 360⁰ed on bringing holistic change to Myanmar’s education system: Women in Tech
Making traveling easier and more convenient: Early StageMaking traveling easier and more convenient: Early Stage