AVT - Absolute Vision Technologies Company Profile

Background

Company Overview

AVT - Absolute Vision Technologies is a leading provider of cloud-based Enterprise Resource Planning (ERP) solutions, specializing in Oracle NetSuite implementations. Established in 2006 and headquartered in Sydney, Australia, the company has over 15 years of experience in delivering innovative business solutions across various sectors, including manufacturing, distribution, retail, and services.

Mission and Vision

AVT's mission is to empower businesses by streamlining operations, enabling digital transformations, and integrating systems seamlessly through cloud-based solutions. The company's vision is to be a transformation partner, providing customers with a digital edge to drive business growth and efficiency.

Industry Significance

As an Oracle NetSuite Value-Added Reseller (VAR) and Systems Integrator, AVT plays a crucial role in assisting organizations to optimize their business processes through comprehensive ERP solutions. The company's expertise in NetSuite SuiteApp Integrations allows businesses to extend NetSuite functionalities to meet specific industry and business needs.

Key Strategic Focus

Core Objectives

AVT focuses on delivering effective and simplified processes through NetSuite cloud ERP, aiming to improve operational efficiency and provide measurable business improvements for its clients.

Areas of Specialization

ERP Implementations: Specializing in Oracle NetSuite ERP deployments, AVT offers tailored solutions to meet diverse business requirements.

Cloud Computing: Providing cloud-based solutions that enable businesses to scale operations and enhance flexibility.

Consulting Services: Offering expert consulting to guide organizations through digital transformations and system integrations.

Key Technologies Utilized

Oracle NetSuite: Leveraging NetSuite's comprehensive suite for financial management, CRM, and e-commerce solutions.

SuiteApp Integrations: Developing and implementing SuiteApp integrations to extend NetSuite functionalities.

Primary Markets Targeted

AVT serves a diverse customer base, from large enterprises with revenues exceeding $1 billion to small growing companies with revenues above $2 million, across sectors such as manufacturing, wholesale, distribution, retail, and services.

Financials and Funding

Funding History

Specific details regarding AVT's funding history, total funds raised, and recent funding rounds are not publicly disclosed. The company operates as a private entity, and such financial information is typically confidential.

Notable Investors

Information about individual investors or investment firms backing AVT is not publicly available.

Utilization of Capital

While specific utilization details are not disclosed, it is common for companies like AVT to allocate capital towards:

Product Development: Enhancing and expanding ERP solutions.

Market Expansion: Entering new geographic regions or industry sectors.

Operational Efficiency: Improving internal processes and infrastructure.

Pipeline Development

As a provider of ERP solutions, AVT's "pipeline" pertains to the development and enhancement of its service offerings rather than pharmaceutical or product pipelines.

Key Service Offerings

ERP Implementations: Deploying Oracle NetSuite ERP systems tailored to client needs.

Cloud Solutions: Offering cloud-based ERP solutions for scalability and flexibility.

Consulting and Integration: Providing consulting services and system integrations to optimize business processes.

Development Stages and Timelines

Specific timelines for service development are not publicly disclosed. However, AVT's continuous focus on innovation suggests an ongoing commitment to enhancing its service offerings.

Technological Platform and Innovation

Proprietary Technologies

AVT specializes in NetSuite SuiteApp Integrations, developing proprietary applications that extend NetSuite's capabilities to meet specific industry and business needs.

Significant Scientific Methods

While AVT's focus is on ERP solutions rather than scientific methodologies, the company employs best practices in software development and system integration to deliver effective solutions.

Leadership Team

Key Executives

Roy Porat: Co-owner and CEO, leading the company's strategic direction and operations.

Hagar Sheps: CFO, overseeing financial management and strategy.

Tamar Friedman: COO, responsible for operational efficiency and execution.

Lior Haviv: VP of R&D, driving research and development initiatives.

Guy Yogev: VP of Marketing & Product, managing marketing strategies and product development.

Miki Almagor: VP of OEMs, handling original equipment manufacturer partnerships.

Juan Da Silva: President AVT Americas, leading operations in the Americas region.

Dror Danai: President AVT EMEA & APJ, overseeing operations in Europe, the Middle East, Africa, and Asia-Pacific regions.

Competitor Profile

Market Insights and Dynamics

The ERP solutions market is characterized by rapid technological advancements and a growing demand for cloud-based systems. Businesses seek integrated solutions to streamline operations, enhance data visibility, and support decision-making processes.

Competitor Analysis

AVT faces competition from various Oracle NetSuite resellers and systems integrators, including:

GSI, Inc.: Offers a broad spectrum of business, functional, and technical consulting services for Oracle applications.

Techfino: Specializes in deploying and supporting Oracle NetSuite ERP, CRM, HR, and e-commerce solutions.

Advaiya: Provides cloud-based ERP solutions with a focus on increasing productivity through easy deployment and management.

RSM Consulting: A consulting firm offering services including audit, assurance, accounting, and ERP solutions.

Cumula 3 Group: Serves industries such as software, technology, retail, e-commerce, wholesale distribution, and manufacturing.

Strategic Collaborations and Partnerships

AVT's partnership with Oracle NetSuite is central to its service offerings, enabling the company to provide comprehensive ERP solutions. While specific details about other collaborations are not publicly disclosed, such partnerships are crucial for enhancing service capabilities and market reach.

Operational Insights

Strategic Considerations

AVT's strategic focus on Oracle NetSuite implementations positions it as a specialized provider in the ERP solutions market. The company's expertise in SuiteApp Integrations allows it to offer tailored solutions, differentiating it from competitors.

Competitive Advantages

Specialization in NetSuite: Deep expertise in Oracle NetSuite enables AVT to deliver customized solutions.

Comprehensive Service Offering: From implementation to consulting and integration, AVT provides end-to-end services.

Experienced Leadership: A seasoned leadership team guides the company's strategic direction and operations.

Strategic Opportunities and Future Directions

Strategic Roadmap

AVT aims to expand its service offerings by developing additional SuiteApp Integrations and exploring new markets to enhance its global presence.

Future Business Directions

The company plans to leverage its expertise to assist businesses in digital transformation initiatives, focusing on delivering innovative ERP solutions that drive operational efficiency and business growth.