Avanseus

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Next-gen Private Mobile Networks?
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Telecom software
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Avanseus is a Singapore-based cloud-native software company that develops predictive network monitoring and maintenance software for telecommunication, manufacturing, and industrial IoT sectors. The company’s software is powered by AI, machine learning, and cognitive computing. 

The company utilizes patented AI-based algorithms that continuously analyze relevant data to predict and prevent equipment failures, improve network reliability, and reduce maintenance costs. It provides solutions for anomaly detection, fault prediction, root cause analysis, impact analysis, fault degradation prediction, and energy consumption monitoring. 

Avanseus' Augmented Operations platform offers solutions for predictive maintenance, smart asset procurement, fault prediction, topology discovery, and health index prediction. In April 2023, Avanseus released version 6.0 of its platform, introducing enhancements such as topology auto stitching and discovery, integration with Red Hat Ansible for closed-loop automation, and a new Smart Asset Procurement solution for inventory optimization. The company's technology is designed to address the challenges posed by the increasing complexity of networks, particularly with the transition to 5G and the proliferation of Internet-of-Things (IoT) devices. 

As of November 2024, Avanseus had entities in India, the US, and Europe, with deployments across Asia, the UK, Europe, the Middle East, and South America.

Key customers and partnerships

  1. In December 2021, telecommunications provider Airtel partnered with Avanseus to implement predictive maintenance solutions across its operations.
  2. In September 2023, Avanseus partnered with Edge orchestration company Aarna Networks to integrate its AI and predictive analytics with Aarna's Multi-Cluster Orchestration Platform and deliver enhanced 5G solutions for enterprises. 
  3. In 2021, it partnered with VMware to make its “Cognitive Assistant for Networks” solution available on VMware Marketplace, a platform for validated third-party solutions.
HQ location:
230 Victoria Street, #15-01/08, Bugis Junction Singapore Singapore SGP
Founded year:
2015
Employees:
51-100
IPO status:
Private
Total funding:
USD 6.0 mn
Last Funding:
USD 2.4 mn (Series A; Jan 2020)
Last valuation:
-
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