Menu
Xegen takes Intellagents to market

Xegen takes Intellagents to market

ARTIFICIAL intelligence developer Xegen is on the verge of going to market with its Intellagents software.

The company, which began as a business incubation start-up at AUT Technology Park, is now ready to commercialise and take its AI software to the international market.

Xegen director Ian Shields says the company will sell directly in Australasia and has secured overseas partners in Singapore and Europe.

“We’re looking to secure more partners and recognise the need for consulting partners. At the moment we’re in early talks with BI tool specialists in this country, they have to realise we aren’t in competition with them,” he says. The company is based on a research project that founder Ian Carter undertook for Massey and Auckland universities in 2002 on the lack of usability of BI tools.

“The problem is that BI tools aren’t cheap and because of the complexity end up with only senior management able to use them. Our mission was to come up with a tool that required minimum training and allowed people to input questions. It’s a big saviour really given that we live in a data-rich environment,” says Shields.

Shields describes the cost of going to market as huge and says the company has been keen to keep burden rates low during development.

“So far we’ve only used contract staff. It’s in our business plan to take on staff but that’s dependent on sales. There’s still a lot of development to do and the plan is to produce two versions, one for large companies and one for SMEs.

“We’re not bleeding edge technology — our stuff is business hardened. Getting the pilot running is critical and then we need to get some sales in our own back yard. If we have proof of concept up and running overseas sales will be much easier.”


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Events

Featured

Slideshows

Channel kicks 2021 into gear as After Hours returns to Auckland

Channel kicks 2021 into gear as After Hours returns to Auckland

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Pantry at Park Hyatt in Auckland to kick-start 2021.

Channel kicks 2021 into gear as After Hours returns to Auckland
The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Show Comments