Innovation and Growth
2017 has been a tremendous year for us: large projects in IoT, FPGA, AI, Blockchain; awards; new clients!
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It’s a good habit, as the year is ending, to australia telegram data look back at the company’s achievements in 2017, cherishing the most exciting moments and sharing them with you. Join us as we reflect on our journey through 2017 and let us know if it resonates with you. As a bonus, we got you a holiday special offer!
Growth Metrics
Bpm’online Partnership Development
Last year we became partners with bpm’online — one of the largest BPM & CRM software system providers. This year, we have seen a considerable growth of projects related to configuring and customizing bpm’online CRM for businesses: up 25% compared to 2016.
In 2017 we significantly improved our skills and knowledge of bpm’online system configuration, customization, and administration. Five more Velvetech employees successfully passed bpm’online’s certification making our bpm’online development team stronger. The advanced-level certification we received allows our team to develop custom critical infrastructure and the american solutions on top of the bpm’online platform.
The synergy we are enjoying with the bpm’online team has brought about three new products to the CRM’s own marketplace:
These custom add-ons developed by Velvetech are available (moderation pending) in the bpm’online marketplace for all bpm’online users.
The “Outstanding Engineering Skills” award, which Velvetech received at bpm’online Global Tour in Boston, has become the cherry on the cake in our partnership with bpm’online and the sign of recognition of our efforts to innovate the bpm’online CRM system.
IoT Consumer Electronics Platform
Velvetech is proud to have seen a public release of a personal security product in 2017 — an IoT project developed by us. The developed IoT platform includes several innovations proposed by Velvetech. The blend of software and hardware ideas increased the overall operating time of the smart devices and had a positive impact on the BOM.
The product is basically a wearable smart device integrated with a cloud monitoring system intended for the enhanced personal security in everyday life. This case marks a new area of expertise for Velvetech as the first consumer electronics project in the IoT sphere.
New Technology Frontiers
FPGA
We have successfully delivered an FPGA europe email -based platform for a high-frequency trading (HFT) firm. Due to its parallel architecture and deterministic nature, the FPGA hardware allows the lowest possible latency in the process of order execution.
Accelerating the HFT engine to nanoseconds, FPGA has enabled our client to increase their trade volumes and gain higher profits. Our team has obtained an invaluable experience of working with the cutting-edge FPGA technology that we can now implement in various projects.
Blockchain
2017 has been a very prolific year in terms of our engagement with FinTech companies. Velvetech has participated in and developed several trading solutions from the ground up. This experience has nudged us to embrace a new technology — blockchain, that we first tapped into with a couple of our internal projects in 2016.
As of recent, smart contracts and blockchain development have extended our pool of services.
Speech Recognition Module
The speech recognition module that Velvetech has recently developed integrates with Cloud Speech API by Google and RingCentral. One of the europe email biggest technical challenges we had to overcome was the need to “train” the module to discern different speaking parties. For example, the software decodes speech of a customer and, let’s say, a sales agent as separate chunks of text.