Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, and supply chain activities, announced today that Flinders Port Holdings' CEO, Stewart Lammin, has been appointed as the company's Chairman of the Board. Stewart replaces Complexica's Chief Scientist and co-founder, Dr. Zbigniew Michalewicz, who will stay on the board as a Director in addition to his full-time duties as Chief Scientist of the company. Flinders Port Holdings is a substantial shareholder in Complexica, having made a $5 million equity investment in 2021 as part of an $11 million funding round that also included ASX-listed fund manager Microequities Asset Management (ASX: MAM).
Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, and supply chain decisions, announced today that Asahi Lifestyle Beverages (ALB) has selected the Trade Promotion Management and Optimisation (TPX) module of Complexica’s Artificial Intelligence Decision Cloud® software platform. Complexica will provide ALB with advanced capabilities for optimising the value of future promotions based on volume, margin, and net price realisation, as well as enabling goal-based automated scenario planning considering different price points, promoted package groups, promotional mechanics, frequencies, and other variables and KPI objectives.
Nearly three decades ago, when now ubiquitous accounting software Excel was launched, there were grave fears it would destroy jobs and wipe out the livelihoods of tens of thousands of bookkeepers whose trade it would replace. In a situation analogous to the one we now face with the recent launch of OpenAI’s ChatGPT (chat generative pre-trained transformer) and various other artificial intelligence and machine-learning-based technologies, Excel was set to automate a whole cohort of jobs out of existence. And it did. But what happened next, and what tends to happen each time a wave of automation and efficiency sweeps through an industry, or indeed the economy, should be the lesson we take away, inspiring us to lean into this new technological revolution, experts say.
Complexica managing director Matthew Michalewicz said engines such as ChatGPT were a natural evolution of the search function. Three decades ago, he said, digging out complex information likely involved heading to your university library and trawling through the stacks until you found what you needed – a process taking many hours, if not a day or two. Search engines, most notably Google, up-ended this paradigm, and ChatGPT is the next step in this process.
Complexica in the past 18 months has raised $25m from investors including Perennial Partners and Microequities Asset Management, with the money being committed to rapidly growing the business.
Perennial Invests Additional $1.4 Million into Complexica and Makes Further $1.6 Million Capital Commitment, Bringing Total to $25 Million
11 January 2023
Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, and supply chain activities, announced today that Perennial Partners has invested an additional $1.4 million into the company, along with a further commitment of $1.6 million based upon company performance targets. This brings the total invested and committed capital to $25 million during the past 18 months, and follows Perennial's very recent $3 million investment in November 2022. Other institutional investors in Complexica include Microequities Asset Management (ASX: MAM), ports and logistics operator Flinders Ports Holdings, and ASX-listed investment bank and fund manager MA Financial (ASX: MAF).
Complexica Pty Ltd, a leading provider of Artificial Intelligence (AI) software for optimising sales, marketing, demand planning and supply chain activities, announced today that it has been named Finalist in the 2022 Wine Industry Suppliers Association's Wine Industry Impact Awards in the Agtech/Digital category. Over 400 wine industry leaders, suppliers, finalists, sponsors, regional representatives, stakeholders, and guests attended the formal gala event to network and celebrate with their team and peers before the festive season (and vintage 2023).
Perennial Partners Joins Shareholder Register of Complexica, Bringing Total to $22 Million Invested During Past 18 Months
6 December 2022
Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, and supply chain activities, announced today that Perennial Partners invested $3 million into the company, bringing the total investment by outside investors to $22 million during the past 18 months. They will join existing institutional investors on the shareholder register, which include well-known fund manager Microequities Asset Management (ASX: MAM), ports and logistics operator Flinders Ports Holdings, and ASX-listed investment bank and fund manager MA Financial (ASX: MAF).
SA Power Networks Partners with Complexica for Predictive Asset Maintenance and Asset Replacement
26 November 2022
Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, & supply chain activities, announced today that it has begun a project with SA Power Networks to improve the accuracy of forecasting potential equipment failure across the SAPN asset base. The aim of the project is to support SA Power Network’s end state vision of being able to optimise operational expenditure on equipment maintenance as well as capital expenditure on asset replacements to minimise the potential for failure before replacement or upgrades.
Complexica Named Winner of the 2022 South Australian Premier’s Food and Beverage Industry Awards
15 November 2022
Complexica Pty Ltd, a leading provider of Artificial Intelligence (AI) software for optimising sales, marketing, demand planning and supply chain activities, announced today that it has been named winner of the 2022 South Australian Premier’s Food and Beverage Industry Awards in the Service Provider category.
Complexica Appoints Jon Wheeler as Director of Ports & Logistics
9 November 2022
Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, & supply chain activities, announced today that Jon Wheeler has joined the company as Director of Ports & Logistics, responsible for strategic relationship with Flinders Ports and the go-to-market strategy for the ports sector in general. Having started at one of the first automated container terminals in the world, Jon has accumulated over 25 years’ experience within the port and maritime industry, holding operational, senior IT and executive roles, managing teams and projects, focusing on continuous business improvement through technology, process, safety, risk governance, and people.
PFD Food Services Goes Live with Complexica's Decision Cloud® for AI-driven Demand Planning and Replenishment Optimization
17 October 2022
Complexica Pty Ltd, a leading provider of Artificial Intelligence software for supply & demand optimization, announced today that PFD Food Services has gone live with its Decision Cloud® software platform for automating and optimising demand planning and replenishment activities. The cloud-based application has been deployed as an integrated AI-driven platform for the optimization and replenishment of tens of thousands of products across 70 warehouses. The deployment allows PFD to replace its legacy demand & replenishment planning system and further extend its use of Complexica’s Decision Cloud® platform across the business.
Dr. Arvind Mohais Joins Complexica as Program Manager
12 October 2022
Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, & supply chain activities, announced today that Dr. Arvind Mohais has joined the company as Program Manager, initially responsible for the various streams of work that collectively comprise the global rollout of Complexica's Decision Cloud® for Pernod Ricard Winemakers.
Complexica named finalist of the 2022 South Australian Premier’s Food and Beverage Industry Awards
23 September 2022
Complexica Pty Ltd, a leading provider of Artificial Intelligence (AI) software for optimising sales, marketing, and supply chain activities, announced today that it has been named a finalist in the Service Provider category of the 2022 South Australian Premier’s Food and Beverage Industry Awards. The award recognises businesses that have contributed to development activity and industry growth through the manufacture or supply of products or services used in the food and beverage industry.
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