The consequences of the COVID pandemic have had an unprecedented impact on the businesses worldwide. To survive and grow, businesses had to face the new reality of lockdowns and social distancing, and embrace online space as the only way to stay connected to their customers. With over 150 customers impacted by pandemic, Wavelet team has demonstrated its ability to guide and implement scalable cloud solutions at the fast pace - a “life savior” for businesses in the pandemic era.
Founded in 2003, Wavelet Solutions has been known as one of the most mature web-based ERP software providers in Malaysia, taking care of the consolidated accounting and inventory management for small and medium enterprises. However, the team has not stopped there. With the vision to become one of the major players in the market for cloud-native applications, the Akaun data lake platform was born. Based on multi-channel cloud-native architecture, with scalability, cross platform, mobile, and REST-API, it has aimed to reshape the future of businesses, giving an opportunity for significant competitive advantage over competitors.
Wavelet’s approach is different from other software providers. Driven by the vision of revolutionizing the way businesses would consume software services, the team is aimed to become an entrusted technology partner and consultant (rather than a vendor) to the local and overseas businesses. The digital transformation powered by their solutions takes into account business needs, workflow, future growth and goals, and most importantly - Who Your Business Vision is.
Serving customers of various sizes, including SMEs and large enterprises, from 20 different industries across 5 countries, Wavelet team provides much needed IT backbone and infrastructure to support their growing business.
Operational Data Lake | At the Heart of the Business
In 2015, the team started to develop the next-generation app platform. Based on multi-channel cloud-native architecture, with scalability, cross platform, mobile, and REST-API, it has reshaped the future of a range of companies, by providing them with the unique cloud-native app solutions. The benefits of the operational Data Lake include, but are not limited to :
1. Integration Capabilities
With the advent of cloud, businesses are overwhelmed with choices of software applications in the market, aimed at automating their business processes, reaching out to their customers across multiple channels, and replacing their legacy applications with all new web applications. However, according to Gartner’s (2020), integration has become the single largest cost and challenge for the businesses to operate these disparate systems seamlessly. Typical system diagram before using Operational Data Lake:
System diagram after using Operational Data Lake:
The proposed Akaun Platform by Wavelet team has revolutionized the way businesses consume software services, providing them the much needed IT backbone at a fraction of the cost, with superior flexibility and scalability. The data lake - a single source of truth for your data - lies at the heart of the Wavelet applications, connecting multiple separate systems into one end-to-end seamlessly integrated solution.
2. Diversity and Richness of Akaun Application Portfolio
Wavelet handles the complexities of the ERP system, CRM, Point of Sales, Financial Accounting, Warehouse Management, Logistics and Delivery, Contact Centre, Digital Marketing, Inventory Management, Membership Program and various other business applications, and convert them into manageable applications (known as “applets”). Businesses are able to mix and match various applets tailored to their needs without purchasing a huge and complex system. Current Akaun portfolio covers a wide range of solutions, including :
ERP System
Financial Reporting Applets
Inventory Management Applets
Point-of -Sale (POS) Applets
Membership Program and Voucher Management
Delivery Management
Bank Reconciliation and Integration with Banks
Issue Tracker
B2B Module
E-Commerce
Integration with Online Marketplaces
Payment Gateway
Stock Take Module
Business Intelligence (BI)
Multi-Level Marketing
Tracking and Logistics
All applications are connected to the Data Lake serving as one single source of truth for your business, eliminating the hassle of double-entry and duplicated data. The Data Lake serverless database allows massive data to be stored and processed centrally, functioning as the data exchange across multiple systems.
3. Platform for Developer Community :
The platform allows any developer to embark on Akaun to utilise data lake infrastructure for the development of their applications for the various business use. With the comprehensive Akaun API, businesses can choose to consume the Operational Data Lake services within their existing legacy applications or they can develop a brand new web, mobile or desktop application without any server-based backend.
To explore more about Wavelet EMP solutions, Bigledger applications and integration options, you may visit https://wavelet.net/ and https://bigledger.com/
AWS Partnership | The Power of AWS in the Heart of Solutions
Amazon Web Services (AWS) is the world’s most comprehensive and broadly adopted cloud platform, offering over 200 fully featured services from data centers globally. In addition, AWS is architected to be the one of the most flexible and secure cloud computing environments available today : known as the most secure software infrastructure in the modern market.
Leveraging on AWS solutions and being on the way to become the first ISV Accelerate Partner in Malaysia, Wavelet is able to provide the best value to the fastest-growing startups, medium and large enterprises in Malaysia and beyond—to lower costs, achieve agility, and innovate faster.
0 Comments