Author: threeam

Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, and supply chain activities, announced today the expansion of its management team, which include the appointment of Dr. Arvind Mohais as Director of Customer , Succes, Dr. Riky Tan as Principal Software Architect, Jon Lee as Director of Software Delivery, Sue Finch as Director of People & Culture, and Lisa Morton as Financial Controller. They will be joined by James Warnes in the Complexica Ports & Logistics Business Unit, who recently came on board as Product Development Manager.

Got more data than any human can possibly absorb and lots of decisions to make in a short amount of time? Complexica can help. The Adelaide-based firm develops and implements software applications used by large firms to digitalise and optimise their sales, marketing, and supply chain activities – a couple of simple examples include helping Flinders Ports – also a shareholder – decide where to stack their containers, or suggesting sales offers to reps from Liquorland. Other customers include Pfizer, global wine giant Pernod Ricard, Metcash and Endeavour Group. Acorn Capital recently invested $6.5m in Complexica, bringing its total funds raised to more than $31m since 2021, and at about the same time it acquired ports-focused software vendor Wave Systems in an all-cash deal.

To read the full story, click here

Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, and supply chain activities, announced today that clients and funds managed by Acorn Capital have invested $6.5 million into the company, bringing the total investment by outside investors to more than $31 million since 2021. Acorn will join Complexica’s shareholder register alongside other well-known institutional funds, including Perennial Partners, Microequities Asset Management (ASX: MAM), and MA Financial (ASX: MAF), as well as strategic investor and existing Complexica customer Flinders Ports Holdings, which owns and operates nine ports in South Australia, including South Australia’s largest container port.

“We’ve been engaged with Complexica for almost a year now. In that time we’ve been able to get to know Matt and the team well and have been impressed with Complexica’s vision and its ability to win significant enterprise customers”, said Matt Sheehan, Investment Director at Acorn Capital. “We’re excited to be part of Complexica and look forward to assisting Matt and the team realise the full potential of the Company.”

Acorn Capital was established in 1998 as a specialist investment manager in emerging Australian companies, and distinguishes itself through its relatively large research and investment team with expertise across all industries as well as its provision of expansion capital to developing companies. Through its various strategies, Acorn Capital provides Investors with efficient off-index exposure to both public and private emerging companies. The investment approach utilised at Acorn Capital seeks to identify the best emerging companies within an industry. These companies are the next generation of Australian corporate successes, typically associated with high levels of productivity and innovation, as well as providing new employment opportunities for Australians. For more information on Acorn Capital, please visit: www.acorncapital.com.au

“We are very happy to announce the addition of Acorn Capital to Complexica’s shareholder base, with whom we’ve developed a great working relationship during the past year,” said Matt Michalewicz, CEO of Complexica. “Acorn’s $6.5 million investment will be used for expansion and M&A purposes, with some exciting announcements already in the works. As predicted, 2023 is turning out to be a monumental year for the business, putting us in a fantastic position for growth and expansion this year and beyond.”

Complexica is a leading provider of Artificial Intelligence software applications that are used by enterprise customers to digitalise and optimise their sales, marketing, and supply chain activities. The company was founded upon the research of several world-renown computer scientists, and has commercialised a modularised software platform called Decision Cloud® that empowers staff across multiple business functions to make better decisions. Decision Cloud® is powered by Complexica’s Artificial Intelligence engine Larry, the Digital Analyst®, which won the Australian Innovation of Year award. Major customers include Endeavour, Arnott’s Group, Metcash, DuluxGroup, Pernod Ricard, PFD Foods, Asahi & Flinders Ports among others.

To read the full story in the Australian, please click here

Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, and supply chain activities, announced today that the company’s CEO Matt Michalewicz will provide a keynote on the topic of “Optimising Supply Chains through Artificial Intelligence and Digital Transformation” at the 2023 Australian Supply Chain Summit, held on the 6th of June in Sydney. Matt Michalewicz will also moderate a panel around establishing customer-centric demand forecasting & supply planning strategies, where discussion topics will include forecasting around chaos & uncertainty, effective S&OP strategies to balance demand and supply, and introducing strong planning systems & processes for continuous improvement. 

The summit will focus on addressing current supply chain obstacles, designing effective supply chain management strategies, focusing on effective demand forecasting & supply planning, and discussing new trends in the world of supply chain & logistics. Other invited speakers include:

• Shauna Brennan, General Manager Supply Chain at Ramsay Health Care
• Ben Sheenan, General Manager Operations at Fisher & Paykel Appliances
• Andres Ballon, Head of Network Design – Supply Chain at Woolworths Group
• Carlee McGowan, Supply Chain Director at Pernod Ricard Winemakers
• Moataz Ahmad, Integrated Supply Chain Director ANZ at Kimberly-Clark
• Cecilia Crosby, Head of Supply Chain at Qantas

The summit will attract decision-makers in supply chain management, supply and demand planning, inventory and warehouse management, transportation & logistics, and shipping & freight. The live in-person conference will be held at Doltone House Hyde Park, Sydney. 

For more information on the summit and to register, please click here

Learn more about Complexica’s Supply & Demand Planning capability here

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.

“With Google there’s this massive acceleration of our ability to access knowledge, and when you look at what OpenAI has done it’s kind of the next level of that,’’ Mr Michalewicz said. “The next level up from what Google provides – a series of links – is conversational answers which are much more in-depth and contextual’, such as those that ChatGPT now offers.”

To read the full story, click here

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).

“We have been thrilled to see the diversity of entries, for segments across the wine sector. It was a challenging time after covid, with business in full travel mode, managing restricted staffing and increased workloads. The effort taken by members entering was duly appreciated. With emphasis on efficiency and optimising grape and wine production and sales, the highlight has been the sustainability focus common throughout many submissions.” WISA Executive Officer Shirley Fraser said. WISA Chair, Jason Amos added “the opportunity to showcase projects for how our members have made impact to the sector is a key element of the awards, beyond being a winner or finalist.”

Wine Industry Suppliers Association (WISA) is a core wine business-focused awards program to capture and inspire connection and implementation that delivers IMPACT. Whether entered as a WISA member solely or together with a wine industry partner, WIIA provides the amplified voice to new ideas and collaboration. The Awards bring the industry together with practical and commercialised solutions to make impact during these challenging times. For more information on the awards, please click here.

Complexica Pty Ltd, a leading provider of Artificial Intelligence software for optimising sales, marketing, and supply chain activities, announced today that the company was named “Supply Chain Innovator of Year” at the MEGATRANS 2022 conference, a biannual event focusing on the freight and logistics supply chain. 

Complexica was recognized for its Supply & Demand Planner – part of the Decision Cloud® software platform – which provides a holistic view of supply, production, logistics, and demand. From a business process perspective, Complexica’s Supply & Demand Planner considers capacity constraints and material availability to satisfy forecasted demand, while optimising for inventory levels, working capital, asset utilization, labour & maintenance schedules, as well as buffering for variabilities in lead times and manufacturing processes.

Held every two years, MEGATRANS is an integrated trade exhibition and conference showcasing the full freight and logistics supply chain, spanning warehousing and logistics, through to multimodal freight and final mile delivery. The Mercury Awards is the official awards program of the conference, recognising the outstanding achievements and successes of companies across the logistics, supply chain, and materials handling sectors. The Mercury Awards celebrate Australia’s logistics operators working to improve the industry’s visibility, reputation and future prosperity.

For more information about the event and Complexica’s Supply Chain Innovator of Year award, please click here

Complexica Pty Ltd, a leading provider of Artificial Intelligence software for supply & demand optimisation, announced today that it has been named a finalist for the ACS Digital Disruptors Awards in the ICT Service Transformation for the Digital Consumer (Corporate) category. These annual awards celebrate outstanding tech talent and recognise the innovators, disruptors, leaders and emerging professionals who are making a difference in the Australian industry.

ACS interim CEO Rupert Grayston says the Digital Disruptors Awards are about “showcasing excellence and brilliance, showing innovation, bringing economic benefit, prosperity and enabling companies to do great things.”

Winners will be revealed at the awards gala dinner following the ACS Reimagination Thought Leaders’ Summit 2022 in February 2022. To see the list of finalists, please click here:  https://reimagination.acs.org.au/disruptors2022/disruptors-finalists2022.html

Complexica Pty Ltd, a leading provider of Artificial Intelligence (AI) software for supply & demand optimisation, announced today has been named finalist for ARN’s 2021 Innovation Awards, in the category of Tech Innovation – Homegrown ISV.

ARN is the voice of the Australian IT channel, keeping Australia’s technology companies up to date with the latest news and analysis on the local IT landscape. This year, ARN Innovation Awards house a record-breaking number of submissions in what will be the largest celebration of ecosystem excellence in delivering transformative customer solutions across Australia.

Representing the entire Australian ecosystem, a few finalists make the shortlist from a pool of over 195 organisations and more than 470 nominations, spanning partner, start-up, telco, vendor and distributor businesses.

“ARN congratulates Complexica on becoming a finalist in the Tech Innovation – Homegrown ISV!” said Cherry Yumul, vice president of Strategic Partnerships and Innovation at IDG. “The 15th running of ARN Innovation Awards has undoubtedly captured the most challenging yet transformative period of the Australian channel. Enormous credit goes to the market-leading companies and individuals continuing to press ahead in helping customers innovate at pace – despite the notable difficulties – which once again demonstrates the depth of transformation taking place across the country. Congratulations to Complexica, nothing can stop your pursuit of excellence.”

In 2021, the Innovation Awards will honour the channel across eight categories, spanning Partner Innovation, Tech Innovation, Australia-wide Innovation, Start-up Innovation, Personal Innovation, Vendor Innovation, Distributor Innovation and Hall of Fame. In streamlining the program, the aim is to increase focus on the pace-setters of the local market, those revving up the innovation engine and powering ahead in the delivery of transformative solutions and services.

Reflective of a diverse technology network, finalists range from large-scale multinational consultancy firms to emerging start-ups, alongside leading system integrators, managed service providers and solution consultants, plus cloud specialists, independent software vendors, boutique agencies and application developers. This is in addition to channel-centric vendors, telecommunications providers and supply chain experts.

Within this standout group, finalists are located across the entire country and represent all states and territories, spanning New South Wales, Victoria, Queensland, Australian Capital Territory (ACT, South Australia, Western Australia, Tasmania and Northern Territory. Collectively, the Innovation Awards in 2021 stand tall as the leading forum for setting the industry benchmark for ecosystem excellence across Australia.The winners will now be selected by an executive panel of industry judges – acknowledging creativity, innovation and excellence – before being announced at a celebration dinner at ICC Sydney on the 9th of December.

For more information and to see the full list of finalists please click here

This podcast explains how best to navigate the hype often associated with AI versus the reality of its use in decision support systems. While AI is often already in use within businesses, Complexica CEO Matt Michalewicz explains the importance of identifying a business problem to solve rather than implementing AI simply for AI’s sake. Artificial Intelligence can add real benefits through supply & demand optimisation, reaching into sales, marketing, supply chain and production systems and processes. 

This episode wraps up by covering the need to assess external information as well as information from within the organisation, the use of AI to augment staff and its ability to reduce the complexity of the modern business world. Modern AI systems provide information supporting their decisions which helps people understand and accept them.

Read the full podcast transcript here

For more details, click here