Asignet Technology

Asignet Technology

It company specializing in mobile and cloud processing services.

HQ location
Parsippany-Troy Hills, United States
Launch date
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Recent deals
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DateInvestorsAmountRound

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Growth Equity VC
Total Funding000k
More about Asignet Technology
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Asignet operates in the IT and Telecom Lifecycle Management sector, offering a patented technology platform that leverages Artificial Intelligence (AI) and Robotic Process Automation (RPA) to streamline and optimize IT expenses. The company serves a diverse range of clients, including large enterprises and multinational corporations, providing them with tools to manage their IT assets, usage, and costs in real-time. Asignet's business model revolves around a subscription-based service, where clients pay for access to their comprehensive suite of solutions. The platform integrates all aspects of IT management into a single, configurable view, allowing for significant cost reductions through automated invoice validation and optimization. With over 20 years of experience and 11 global patents, Asignet has established itself as a leader in the field, continuously innovating to meet the evolving needs of its clients. The company generates revenue by offering its platform on a subscription basis, ensuring a steady stream of income while providing ongoing value to its customers. Key features include real-time monitoring, machine learning algorithms for cost-saving analysis, and low-code tools for enhanced productivity. Asignet's global capabilities enable it to manage IT expenses across multiple countries and currencies, making it a preferred choice for multinational organizations.

Keywords: AI, RPA, IT Lifecycle Management, Telecom, Cost Optimization, Real-time Monitoring, Machine Learning, Low-code Tools, Global Capabilities, Automated Invoice Validation.

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Investments by Asignet Technology

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Xigo
ACQUISITION by Asignet Technology Mar 2023