The acquisition of Supahands will assist strengthen Omnilytics’ product providing and sharpen its aggressive benefit within the retail intelligence ecosystem
Omnilytics’ proprietary Product Match answer allows manufacturers and retailers to check the identical or related stock-keeping items (SKUs) throughout a number of platforms giving them invaluable insights into how the market is pricing the identical merchandise. So far, Omnilytics counts the likes of rising markets-focused e-commerce chief International Vogue Group, Southeast Asia e-retailer Zalora, Australia’s largest trend and sportswear on-line retailer The ICONIC, Uniqlo mother or father firm Quick Retailing, South Africa’s main retailer Mr Value, and Europe’s largest sportswear producer adidas, amongst many others, as a part of its rising world clientele.
Kendrick Wong, CEO and Co-Founding father of Omnilytics stated, “In recent times, the e-commerce panorama has quickly advanced, catering to ever-shifting client calls for. At Omnilytics, our imaginative and prescient is to allow a extra clever, linked retail ecosystem, enabling manufacturers to remain forward of their rivals. Our acquisition of Supahands marks a pivotal step in our journey, filling a crucial hole in our present tech capabilities as we take one step nearer in changing into retail’s most essential information stack.”
With its proprietary Product Match answer, Omnilytics seeks to assist the world commerce effectively by reworking retail with clever linked information and actionable insights. By utilizing a singular set of naming conventions, Omnilytics offers retailers with the arrogance to make correct data-driven selections at each product and market degree and cut back threat of inconsistencies and misclassifications of their product database — in the end attaining higher enterprise efficiency general. The acquisition of Supahands is about to deliver Omnilytics’ Product Match answer to the subsequent degree, opening doorways to future partnership and innovation endeavours throughout the e-commerce panorama.
Based in 2014 and headquartered in Malaysia, Supahands is an end-to-end information labelling platform that develops coaching information to allow shoppers to launch and scale high-performing synthetic intelligence functions for his or her enterprise. The corporate’s world clientele consists of the likes of on-line client market Carousell, SaaS buyer expertise administration platform Sprinklr, and retail options supplier Badger Applied sciences. Supahands’ buyers embody 500 Startups, Patamar Capital, Cradle Seed Ventures, and Axiata Digital Innovation Fund. Supahands was additionally awarded an innovation grant from the Malaysia Digital Financial system Company (MDEC) in 2020.
Mark Koh, CEO and Co-Founding father of Supahands stated, “Accelerating the adoption of AI is on the coronary heart of our enterprise at Supahands, having witnessed first hand the tangible advantages that synthetic intelligence and machine studying can deliver to our shoppers as they strengthen the totally different pillars of their enterprise from analytics to deployment. We’re proud to be becoming a member of forces with Omnilytics who share our identical imaginative and prescient of revolutionising the retail tech ecosystem with unparalleled service and innovation whereas nonetheless serving our present and new shoppers in different industries.”
Following the acquisition, Koh will be part of the Omnilytics Board, taking over the position of Chief Technique Officer as Omnilytics embarks on its accelerated development plan for 2022.
Omnilytics CEO and Co-Founder Kendrick Wong and Incoming Chief Technique Officer Mark Koh can be found for interview
Omnilytics is a trend analytics platform based in 2018 with the mission to assist manufacturers and companies commerce extra effectively. As we speak, the enterprise is a G2 recognised chief in retail intelligence – serving to entrepreneurs, SMBs and enterprises (like Uniqlo mother or father firm Quick Retailing, International Vogue Group and Puma) extract insights from billions of data-points each single day. Omnilytics analytics options are powered by 70+ staff globally.
Based in 2014, Supahands offers end-to-end information labelling options with the usage of synthetic intelligence. With proprietary know-how constructed to precisely label photographs, textual content, speech and video, Supahands allows their shoppers to launch and scale excessive performing synthetic intelligence programs to attain top quality outcomes.