2020 is now – finally – hindsight. It was undeniably a year of unprecedented disruption.
Merriam-Webster recently announced that the Word of the Year for 2020 is pandemic. However, my personal vote goes to perseverance. Despite the challenges and twists and turns, Tavant is so proud to have achieved several major milestones last year –thanks to the perseverance of our team. These significant milestones demonstrate our commitment to enabling clients across multiple tech industries to rapidly accelerate their digital transformation journey and provide the best possible customer experience.
Aligned with this trend, the key milestones that helped fuel the company’s unprecedented growth include:
- Product adoption and new product launches
- The debut of the digital software factory
- Launch of Banktech business
- Key strategic alliances
- 20 prestigious industry awards including Stevie® Award for AI and Machine Learning
Reflecting on significant milestones in 2020:
Tavant saw a surge in growth and increased adoption of its flagship AI-powered product suite, Tavant VΞLOX. Tavant’s core growth acceleration also came through its Digital Software Factories (“Digital Factory”) at its new technology innovation center in Dallas. Tavant further expanded its fintech and digital lending business by launching its Proptech business, bringing technology and innovation together to address common customer challenges in this burgeoning sector of Real Estate. Furthermore, at the American Banker’s Digital Banking 2020 conference, Tavant announced its expansion to new business lines with the launch of its Banktech practice in New York.
Tavant expanded its industry-leading aftermarket product suite beyond warranty with salesforce connectors like Field service, B2B, and CPQ, available on the service cloud. They work seamlessly in conjunction with Tavant Warranty and support the entire gamut of Service- lifecycle management for a wider and faster digital transformation. Tavant Warranty got featured in Salesforce road to recovery apps.
2020 proved to be a year of key successful alliances. The company teamed up with Microsoft and Land O’Lakes Inc. to help farmers generate new insights from their crops, leveraging AI technologies. Tavant entered a strategic partnership with Softworks AI to deliver the touchless mortgage promise.
The company also launched FinDecision, which improves loan quality while enhancing the overall borrower experience. Additionally, Tavant FinConnect and FinLeads made their debut on the Salesforce AppExchange, the world’s leading enterprise cloud marketplace.
Early 2020, the company got recognized for driving fintech innovation forward during the year and bagged a few major fintech industry awards. Additionally, it was named to prestigious IDC FinTech Rankings by IDC Financial Insights.
Tavant was also named the winner of a Stevie® Award in the 18th Annual American Business Awards® in the Business Technology category for Artificial Intelligence/Machine Learning solutions. Furthermore, Tavant’s next-gen quality engineering (QE) business was recognized by Everest Group in its PEAK MatrixTM assessment report.
Tavant was also recognized as a leader in the IDC MarketScape for manufacturing warranty and service contract management applications and made it to the IDC TechScape: Worldwide Service Life-Cycle Management and Servitization Optimization in Manufacturing, 2020, where it was mentioned in Service Analytics and Business Intelligence and Warranty Software sections.
The company was also mentioned in the aftermarket, professional, and life sciences services section in the IDC Market Glance: Next-Generation Automotive and Transportation Strategies report.
Empowering businesses to build resilience for today and what is ahead.
Tavant is grateful to its associates, partners, and community for navigating through the pandemic together. This adversity presented a historic opportunity for innovation and digital transformation. Tavant is uniquely positioned to leverage its technical and domain expertise to drive value for all its partners.
We built a solid foundation in 2020 and are planning to continue to execute our strategy in 2021. We aim to empower companies to accelerate their digital transformation journey to respond, recover, and thrive in the new normal reality in a most secure and cost-effective way.
These significant milestones are a true testament to how our customers bolster their digital strategy to improve profitability and enhance their customer experience using Tavant’s products and solutions.
We will continually support your digital journey and help you rise to new levels of business resiliency, and stay relevant in an uncertain world.
To learn how we help our customers use digital to create value by reinventing the core of their business, visit www.tavant.com or reach out to us at [email protected].
