Velabs www.velabs.net (A Fast-Growing Software Company for Data Analytics & AI Solutions, headquartered in KL, Malaysia) and Analytics Private Limited are excited to announce their strategic business partnership. As part of this partnership, APL will setup the Off-shore and On-shore delivery capability for all of the local and international engagements of Velabs as an exclusive service provider. Signing ceremony and Partnership Launch Event will be hosted soon in Lahore, Pakistan whereby the Executive Leadership Team of Velabs (Saqib Sabah - Executive Director, Thong Wing Foo will visit Pakistan to meet the APL Leadership Qazafi Qayyum - CEO, Murad Syed - Executive Director, and Adnan Yousuf Kazi - COO) Stay Tuned for more exciting updates!

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Velabs is currently doing R&D in Deep Neural Networks to increase efficiency of supply chain management and sales.

Area of focus is:

1. Enhanced sales forecast with complex datasets, detailed sales history, interdependencies from other outlets and other environmental factors.
2. Avoiding insufficient supply, reducing the number of stock shortage incidents, as well as stock surplus withdrawals.
3. Convolution Deep Neural Networks technique to be used for:
   -Automated image segmentation & object detection.
   -Outlet monitoring & optimized product presentation.

Our Tariff Management Solution empowers a leading telecom company to reduce tariff management related costs by 40 percent.