Argility’s invests in artificial intelligence business Ashanti AI

November 28, 2019

Argility – a member of the Argility Technology Group – has revealed it has made a substantial investment in artificial intelligence (AI) solutions business Ashanti AI, a BBBEE level two start-up.

This is the enterprise software solutions group’s fifth investment in two years.

Argility CEO Marko Salic says due to the alignment of a mutual vision and mission, the company sees this as a strategic investment to bring Ashanti AI into the Argility ecosystem.

“This emerging business will be a strong addition to our current retail, supply chain, Internet of things (IoT) and fleet expertise, and we feel it will serve to drive our focus on combining analytics with trending 4IR technologies supported by our current products and solutions.

“The synergies between Argility’s vision and Ashanti AI’s mission made this investment very appealing to us and a good fit that will augment our goal of digitally transforming our core business focus arenas using intelligent software, data science/AI, and IoT. Ashanti AI assists companies to increase revenues, make decisions faster and improve processes using AI.

“Combining these strengths will serve to enhance the Argility Technology Group’s portfolio and thus expand our solutions and service delivery for current and future customers,” confirms Salic.

Ashanti AI CEO and founder Takalani Madzhadzhi is an actuary with a financial services background. He heads up a team of data scientists with a vision to provide the best AI solutions for partners and customers. The company’s current customer base includes a number of blue-chip corporates plus partnerships with strong international consultancy firms. He adds that going forward, the company is focused on building predictive analytic products for the retail, supply chain and financial services sectors.

SourceIT Web

Latest Posts

Enjoying our blog? See the latest posts!
May 9, 2022
Best value from a Fleet Management Information System & GPS/Tracking

by Johan van Niekerk, Fleet Solutions Consultant, FleetDomain – part of the Argility Technology Group. The internationally accepted format of managing a fleet effectively, is that of: Assets; Fleet Operations; Driver and Safety Management. These matters are in turn all inter-related when it comes to determining the total cost of ownership (TCO); cents per kilometre […]

Read More
March 18, 2022
Real fleet management in the future fleet world

A fleet management information system allows fleet managers to leverage their drivers as assets, rather than liabilities. By Johan van Niekerk, Fleet Consultant for FleetDomain. Research indicates the global fleet management market is expected to grow to $34 billion by 2025 at a compound annual growth rate of 11.3% during the forecast period. These statistics […]

Read More
January 14, 2022
Smollan acquires Argility Technology Group

The Argility Technology Group (ATG) has announced an exciting business development as it becomes part of a global enterprise – the Smollan Group – an intelligent commerce solutions business, driving sustainable growth and operational excellence. Smollan has acquired ATG from Capital Eye Investments – a private equity and venture capital company that invests in technology-driven […]

Read More
Copyright @2020 FleetDomain
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram