Quantiful, the New Zealand headquartered world leader in demand forecasting software, is expanding into Asia Pacific with new business operations on the ground in Singapore. This strategic move will enable the company to expand their offering and service to new customers in the region.
This comes after a successful period of growth for Quantiful and its AI powered SaaS tool QU, which generates highly accurate product forecasts and explains what will drive future demand. The growing list of customers in the Asia Pacific region includes Indogal a leading agri products distributor and projects with one of Indonesia’s largest telecommunications companies, Telkomsel.
Centrally located in Singapore, which is globally recognised as having a thriving tech sector, the new regional hub will function as the sales centre for Asia and will serve customers across the region due to its close proximity to those SE Asia clients Quantiful is already working with and prospective clients into the future. The office will be led by Senior Account Director Ciaran O’Keefe.
Commenting on the launch, Quantiful Founder and Co-CEO Jamie Cormack, who has extensive experience working in Asia and is familiar with the nuances of the market, says “We are excited to be back in Asia where Alan and I spent a lot of our careers, a market perfectly set up for our AI/ML solution, QU. The growing complexity of distribution, diversity of cultures and changing buying behaviours means enterprises are struggling to predict demand which ends up in stock problems. QU is currently the only SaaS product in the world which combines all available data sets and emerging technologies to help Enterprise organisations make better use of the worlds precious resources.”
This is Quantiful’s first office outside of New Zealand, where they have clients including Spark, IAG and Silver Fern Farms. They have chosen to strategically expand into the Asia Pacific region in response to regional demand for smarter planning tools to address lengthening lead times, supply chain decarbonisation and working capital control and see plenty of opportunity in the retail sector as it continues to boom in southeast Asia.