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Advantech Officially Launches IoTMart International
Advantech Officially Launches IoTMart International
19.06.2023
ECONOMY
TECHNOLOGY

Dispatch within 24 hours and same-day delivery to 192 countries worldwide

DUBAI - Advantech (TWSE: 2395), a global leader in Industrial IoT, is thrilled to announce the launch of IoTMart International, a groundbreaking cross-border digital commerce platform. In addition to its existing distribution model, IoTMart is a newly created online business service designed to meet the diverse needs of various customer groups, with a primary focus on small and medium-sized customers. IoTMart is projected to contribute over 10% of Advantech's total revenue.

To celebrate the launch, Advantech is offering a special promotion. Customers who visit Advantech IoTMart and activate their account will receive a $50 discount. This offer is part of our loyalty points membership program, where customers can earn and redeem points for a variety of e-coupons.

According to Research and Markets, the total gross merchandise volume (GMV) of global B2B e-commerce is projected to reach 21 trillion USD by 2027, with a compound annual growth rate of approximately 7%. Gartner further predicts that by 2025, nearly 80% of B2B transactions worldwide will occur online, underscoring the increasing importance of cross-border e-commerce in the future of industrial trade markets.

Jonney Chang, Vice President of Advantech Global IoTMart/AOnline Sector, emphasizes that Advantech constantly innovates and introduces diverse business models to better serve its customers. From traditional call center and triangular trade models to digital services, and now with the official launch of the IoTMart International platform, Advantech is committed to providing the most suitable services to meet the diverse needs of different customer segments, achieve a long-tail effect, and further increase revenue.

Chang further explains that for existing customers, the new IoTMart International platform eliminates minimum purchase quantities, ensures stock availability, and facilitates faster delivery. It also offers a cross-border express service (IoTMart Xpress), which accelerates the expansion of overseas business and technology transfers, enabling rapid and seamless proof of concept (POC) implementation. Moreover, it eliminates the hassle and costs associated with inventory pressure, cash flow, logistics, and other intermediate operations.

Advantech IoTMart International accepts global orders and provides fast order processing, shipping, and delivery services. Customers can enjoy a fully transparent transaction process through self-service operations and order tracking features. The platform offers Advantech's top 500 best-selling industrial IoT products and uses AI prediction to provide personalized product recommendations, enhancing the customer experience. Additionally, IoTMart International introduces smart warehousing robots to automate warehouse operations, improving picking and stocking efficiency. This further accelerates order processing speed, enabling same-day shipping to 192 countries worldwide. The platform also provides 24/7 customer service to cater to all needs at any time.

The initial focus of the platform will be on electric vehicle charging station solutions driven by ESG principles. In addition to serving existing global emerging market partner customers, the platform will progressively customize regional aspects such as currency, language, and product listings in countries including Japan, South Korea, Taiwan, China, the United States, and Europe. Furthermore, Advantech will recruit partners in emerging markets and launch the IoTMart Franchise program to accelerate its presence in well-established digital commerce storefronts, thereby saving time and costs associated with infrastructure setups. After the launch of IoTMart International, the platform will actively recruit members with the goal of contributing USD$300 million (including Aonline) in revenue to Advantech by 2025.

We are pleased to announce that all our products are now in stock and ready for order and shipment. We invite you to join us as we embark on this exciting journey into the future of e-commerce with IoTMart International.

•   IoTMart Official Site: https://bit.ly/IoTMart
•   Order now: https://bit.ly/advantech-wop

About Advantech

Advantech is a global leader in the IoT intelligent systems and embedded platform industry, with the vision of being the "Enabler of an Intelligent Planet." In response to the major trends of IoT, big data, and artificial intelligence, Advantech offers IoT software and hardware solutions centered around the WISE PaaS industrial IoT cloud platform. These solutions help partner customers integrate their industrial value chains. Constantly, Advantech actively collaborates with industry partners to "co-create" an industrial ecosystem, accelerating the realization of industry intelligence goals. (www.advantech.com)

Contact: Tülay Genç | [email protected] | +31 30 799 6022

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