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Appetite for global market
Kogifi has two significant foundations. First of all, it offers technological solutions for the e-commerce industry, which thanks to the use of artificial intelligence (AI) allows better positioning of the website and increases sales. Secondly, it offers its own product - Aidar. This is a solution for manufacturing companies. It allows to conduct advanced employee training in the virtual world, i.e. in augmented reality (AR).
- We have developed a mechanism which allows real weight mapping of the object, which during tutorials gives the opportunity to develop muscle memory among employees - says Tomasz Gibas.
The company is trying to patent these solutions, as well as getting the grant from the National Center for Research and Development (NCBR – Narodowe Centrum Badań I Rozwoju). Kogifi also intensively acquires new customers around the World. Last year, it took over the German company Made in Point and allowed to penetrate the market of its western neighbor, and recently opened an office in Sweden.
- We also plan to have an office in the United States. We will close 2020 with at least 22 million PLN. This is the least optimistic scenario - says Tomasz Gibas.
It is possible that the company will soon look for a strategic investor. - We have a rapid growth of the company. We plan to increase employment at the level of five people per month. Until now, we have focused on organic development, but I realize that it is difficult to maintain such a pace in the long run. If we were able to attract an investor and about 30 million PLN, then considering the interest in our services, I assume that in five years we will become a company worth 0.5 billion PLN - says Tomasz Gibas.