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  • Argility’s acquisition journey continues with investment in artificial intelligence solutions business Ashanti AI

Argility’s acquisition journey continues with investment in artificial intelligence solutions business Ashanti AI


Johannesburg, 28 Nov 2019
Read time 1min 50sec
Argility CEO Marko Salic.
Argility CEO Marko Salic.

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. 

“We started as part of an incubation hub linked to a data science academy. Since leaving the hub, we have grown our client base and developed a number of proprietary solutions,” notes Madzhadzhi.

He adds that going forward, the company is focused on building predictive analytic products for the retail, supply chain and financial services sectors.

Argility

The Argility Technology Group - is a leading innovator and implementer of customised enterprise software solutions for the retail and supply chain industries. Our vast experience combined with a depth of proprietary software and skills enables us to address the multitude of challenges facing businesses in today’s digital transformation era.

We solve complex business problems by supplying and supporting various customised software solutions such as Point of Sale, ERP, Warehouse Management, Fleet Management, IoT management software, Proximity Marketing, Data Science (Artificial Intelligence) solutions and more. We strive to become an extension of our client’s businesses and not just another solution provider.

The group’s origins trace back over thirty years as a leading software supplier to the retail sector. Decades of long, prosperous customer relationships bear testament to our customer-centric culture, exceptional service and innovative thinking. From single systems to the digital transformation of an entire organisation - we have the solutions, skills and experience.

The Argility Technology Group is comprised of: Argility; Cquential Solutions, Fleet Domain;  SkyData Communications, and strategic partner, Ashanti AI.  All are foremosttechnology developers and suppliers of customised enterprise software solutions for the Retail, Supply Chain, Fleet industries as well as acomprehensive IoT framework that enables local enterprises to integrate, manage and optimise their growing IoT ecosystems. 

For further information: www.argility.com

Ashanti AI

Ashanti AI-a strategic partner of the Argility Technology Group – was founded in 2018 with the vision of making data science accessible to every business. We service industries in the finance, education, mining sectors and more, providing data-driven solutions that increase revenue and efficiencies.

We are a proudly black-owned and managed B-BBEE Level 2 company, with a team of highly qualified specialists in the fields of: data science; actuarial science; statistics; physics and mining engineering.  Through our partnerships with Explore Data Science Academy and several data consulting firms, we empower businesses with globally competitive tools and techniques.  We develop innovative technologies that aim to make people more efficient.

For further information: www.ashanti.ai

Contact details:
Office:  
011 712 1300;
Email: 
info@ashanti.ai

Editorial contacts
Blain Communications Deirdre Blain (+27) 83 230 5522 blain@iafrica.com
Argility Info (011) 712 1300 info@argility.com
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