Acumen Software Partners With IT Start-Up Kinektek
Acumen Software Partners With IT Start-Up Kinektek. It has been reported that Acumen Software has acquired 25% equity in IT startup Kinektek. This move will see Acumen Ventures putting an investment that it hope to get in the future as Kinektek is showing a log of growth potential.
Kinektek understand the ubiquitous role of technology in simplifying financial transactions ranging from regular bill payments to lifestyle enhancing value added services and on-demand convenience purchases. Daily, the convenient access, ease of use, and security of these transactions is experienced by millions of people of all income groups, across the globe. The company views technology as an enabler of happier, more empowered customers who experience quicker and more satisfying transactions, leaving them more time to do what matters more. It also understands how this can reduce operating costs and complexity, increase transactions and revenue, and grow customer loyalty for its clients.
Established in South Africa 2006 Acumen Software is a field service solution used to optimise workforce and asset management by empowering organisations with a user-friendly mobile software solution. It is present in South Africa and in Europe in the Republic of Ireland and represented throughout the world through strategic partners, these include Asia, North and South America, and Australasia.
This partnership is suitable as Acumen Software is also a company that provides mobile software solutions for asset management and workforce management to organisations with dispersed and distributed assets, taking complex arrays of scenarios and providing a simple mobile management solution in response. The company operates across several major industries, with customers including the Department of Energy, City Power, City of Cape Town, Eskom South Africa and other large organisations around the world.
