More than 390 AI Co-workers drive product management for market leaders
Karlsruhe, 04.12.2023 – Ventecon Technologies GmbH proudly announces a landmark year of growth and significant impact in key European industries. Our innovative AI co-worker has been instrumental in transforming product management processes in sectors critical to societal progress, including energy, mobility, transport, construction, and industrial technologies.
With its AI co-worker, Ventecon Technologies GmbH is leading a transformative wave in the field of product management. With over 390 deployments in diverse sectors such as energy, mobility, transport, construction, and industrial technologies, our AI co-worker has demonstrated unparalleled adaptability and effectiveness. Catering to the specific needs of product managers, the AI co-worker has efficiently completed over 10,000 tasks, showcasing its robust capability to enhance productivity and innovation in complex industry environments.
In a rapidly evolving market landscape, Ventecon has remained committed to its mission of harnessing the power of artificial intelligence to bolster the capabilities of product managers. Recognizing their pivotal role in steering product success, our AI co-worker has been designed to alleviate common industry challenges such as information overload, resource optimization, and the need for continuous innovation amidst competitive pressures.
Streamlined Product Management with AI
Our AI co-worker, tailored to the nuanced needs of product managers, supports both everyday product management tasks and highly complex cognitive tasks. For example, the AI co-worker can perform industry and application-specific target group analyses across the entire product lifecycle, create user stories, analyze competitor products, design product variants, or develop new pricing and business models. This AI solution stands out for its autonomous functioning, expert-level analysis, and unwavering commitment to delivering substantial, sustainable value to product management.
Success in Deployment
Over the past few months, more than 390 AI co-workers have been seamlessly integrated across multiple industries, with an average monthly growth rate of co-workers of 1447.46%, demonstrating the versatility and effectiveness of our AI. These deployments have collectively completed over 10,000 tasks, demonstrating their efficiency and accuracy. Our AI co-workers have enhanced the product management processes of 40 companies, including more than 50 product managers. This
diverse user base ranges from small and medium enterprises (SMEs) to large enterprises, with 32 SMEs and 8 large enterprises already benefiting from our AI technology.
Looking forward, our goal for 2024 is to expand the AI co-worker’s presence to 250 companies, setting an ambitious target of reaching 2000 companies by 2025.
Embarking on a Robust Market Expansion
The strong uptrend in market interest, with a steady increase in new business and enterprise purchases, demonstrates the increasing market fit and demand for our product. In addition, we anticipate a significant increase in new users through our existing enterprise customers, further diversifying our user base and demonstrating the adaptability of our AI co-workers across multiple product management roles.
Our sales journey, initially concentrated in the DACH region, will be scaled to include broader geographies, notably the Western world. This geographic expansion is coupled with diversification into numerous additional industries, mirroring our success in sectors like Energy, Transport and Mobility, Construction, and Industrial Technologies.
In terms of product management expertise, we are extending our reach from roles focused on strategic, marketing, innovation and R&D aspects to specialized functions like UX/UI and technical product management. This broadening of our impact signifies our commitment to addressing a wider range of product management needs, further cementing our status as a versatile and indispensable AI partner in the industry.
Through scaling our sales, which will be accommodated by scaling our systems and organizations, we expect our computing workload to increase significantly in absolute and relative terms over the next 12 months.
Our Partnerships and Vision
We are honored to collaborate with market leaders like init SE, Vector Informatik GmbH, and Carl Zeiss AG. These partnerships reflect our shared commitment to innovation and excellence in product management. As Ventecon continues to grow, our aim is to become an indispensable partner in AI-driven product management, contributing to industries that shape societal well-being.
A Commitment to Ethical AI and Human-Machine Collaboration
At Ventecon, we blend cutting-edge technology with a deep respect for ethical practices and human collaboration. “Our AI co-worker represents our dedication to creating a digital and intelligent workforce, with a strong commitment to responsible AI. It’s designed to augment human skills, functioning autonomously to tackle complex product management challenges,” says Patrick Beckedorf, Co-Founder and Head of Product and Strategy.
Co-Founder Dr. Markus Lau adds, “the advancements we facilitate in key industries not only drive economic growth but also significantly impact environmental sustainability and quality of life. Through our AI co-worker, we’re proud to be at the forefront of positive societal change.” “We are immensely grateful to our partners, supporters and customers. Their belief in our vision enriches our journey and allows us to inspire and empower others in their entrepreneurial endeavors,” shares Co-Founder Marvin Wiest.
Join the AI-Driven Product Management Revolution
To experience firsthand how our AI co-worker can transform your product management processes, we invite industry professionals and potential partners to connect with us. Visit https://ventecon.com/ for more information, to request a demo, or to discuss collaboration opportunities. Join us in shaping the future of product management with innovative AI solutions.
About Ventecon Technologies GmbH
With its AI co-worker, Ventecon Technologies GmbH is pioneering a new era in product management. Recognizing the pivotal role of product managers in the success of products, our mission is to empower them with a digital and intelligent PM expert and autonomous colleague capable of handling any task, no matter how complex. Our AI co-worker goes beyond mere technology – it’s a partner dedicated to enhancing efficiency, spurring innovation, and navigating complex industry challenges with intelligence and integrity.
Contact Information
For further inquiries or to arrange an interview, please contact:
Marvin Wiest (marvin.wiest@ventecon.de)
Co-Founder, Head of Sales and Customer Success
Ventecon Technologies GmbH