About Advantech
Advantech is a company based in Bengaluru (India) founded in 1983 by Kc Liu and Chaney Ho. It operates as a Product-as-a-Service, and Direct-to-Consumer (D2C). The company has 70 employees as of February 28, 2025. Advantech has completed 9 acquisitions, including AURES, AdvanPOS and B+B SmartWorx. Advantech offers products and services including Edge AI Computing Solutions, Embedded Computing Systems, Industrial Automation & I/O, and Intelligent Transportation Systems. Advantech operates in a competitive market with competitors including Xilinx, Kontakt, UnaBiz, Kalray and Lantronix, among others.
- Headquarter Bengaluru, India
- Employees 70 as on 28 Feb, 2025
- Founders Kc Liu, Chaney Ho
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Advantech Co., Ltd.
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Annual Revenue
$10.8 M (USD)5as on Mar 31, 2023
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Net Profit
$-19.95 K (USD)-108as on Mar 31, 2023
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EBITDA
$51.35 K (USD)-87as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
70
as on Feb 28, 2025
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Investments & Acquisitions
AURES
& 8 more
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Products & Services of Advantech
Advantech offers a comprehensive portfolio of products and services, including Edge AI Computing Solutions, Embedded Computing Systems, Industrial Automation & I/O, and Intelligent Transportation Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Edge AI solutions are provided for intelligent computing.
Embedded systems are offered for industrial automation needs.
Automation controllers are supplied for industrial process control.
Traffic control systems are developed for urban mobility.
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Funding Insights of Advantech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Advantech
Advantech has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include AURES, AdvanPOS and B+B SmartWorx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Smart sensing technologies are developed for various applications.
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2014 | ||||
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POS hardware and software solutions are provided for payment businesses.
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2007 | ||||
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End-to-end display solutions, including LCD and TFT modules, are provided.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Advantech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advantech Comparisons
Competitors of Advantech
Advantech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xilinx, Kontakt, UnaBiz, Kalray and Lantronix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Programmable logic devices and embedded solutions are provided.
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| domain | founded_year | HQ Location |
AI-based location and sensor data insights are provided for businesses.
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| domain | founded_year | HQ Location |
IoT product design, manufacturing, and data platform services are provided.
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| domain | founded_year | HQ Location |
Processing acceleration cards are developed for AI, telecom, and storage.
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| domain | founded_year | HQ Location |
Provider of end to end IoT components
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Advantech
Frequently Asked Questions about Advantech
When was Advantech founded?
Advantech was founded in 1983.
Where is Advantech located?
Advantech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Advantech?
Kc Liu is the current CEO of Advantech. They have also founded this company.
How many employees does Advantech have?
As of Feb 28, 2025, the latest employee count at Advantech is 70.
What is the annual revenue of Advantech?
Annual revenue of Advantech is $10.8M as on Mar 31, 2023.
What does Advantech do?
Advantech is recognized for delivering IoT and edge computing solutions across various industries. The company is involved in sectors such as industrial automation, intelligent transportation, healthcare, and retail services. Comprehensive hardware and software solutions are offered, including embedded systems, automation controllers, and AI-driven edge computing platforms. Operations are supported globally with a focus on enhancing connectivity and intelligence at the edge. Customized design and manufacturing services are also provided to meet specific industry needs.
Who are the top competitors of Advantech?
What products or services does Advantech offer?
Advantech offers Edge AI Computing Solutions, Embedded Computing Systems, Industrial Automation & I/O, and Intelligent Transportation Systems.
How many acquisitions has Advantech made?
Advantech has made 9 acquisitions, including AURES, AdvanPOS, and B+B SmartWorx.
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