Advise, an AI-powered data analytics platform provider is set to expand into the UK, fuelled by a recent investment of €1.8m.
The company plans to hire ten new employees in the UK to facilitate the expansion and bring its platform to the market.
It expects revenues to grow two-fold by the end of 2026 and annually thereafter.
Advise currently counts Britvic, Pilgrim Food Masters, Tayto, Kerry and Dr Oetker as customers.
Advise’s first UK customer, G’s Fresh, have been using the platform for the past 12 months.
“Globally, brands are coming under increasing pressure to boost efficiency while reducing costs,” said John Phelan, Co-Founder and Commercial Director at Advise.
“Although the demand for smarter, more agile solutions is evident, many companies are struggling to identify the right AI solutions to meet their needs.
“Our team has more than 20 years of experience in researching and developing AI technologies.
“As a result, we have a product that can not only make recommendations, but explain them, too. It will change the way an entire industry does things – for the better – and now, the time is right for us to expand into the UK,” he added.
