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WaveAccess turns 21: The sky's the limit!

Published July 22, 2021
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Traditionally in July WaveAccess celebrates the Company Day. We have a lot to tell you about: dozens of new projects, expanding our presence in Europe and, of course, new products in our portfolio! Let’s revisit everything that made this year memorable.

WaveAccess turns 21

Over the past year and a half, the business models used by organizations around the world, including IT, have changed dramatically. But WaveAccess was ready for the challenges of the times. Distributed teams, remote work, an open corporate culture, and investment in people were at the forefront of our company's thinking long before the pandemic. Perhaps that's why 2020 was a year of accomplishments and big plans for our future.

Product portfolio 

Perhaps the big news for this hour is the development of a new product at WaveAccess — ValueXI, a platform for smooth AI integration. This tool will help companies who are just planning to try AI in their processes, get started without additional costs and understand the quality of their data. The product will be suitable for companies whose data cannot be put in the cloud for security reasons (because if desired, ValueXI can be installed on your server with no online access).

myQuiz, our online quiz platform, keeps rocking! We now have more than 3.5 million registrations, and that number is growing. Major banks and sports arenas are among the platform's users. 

XLTools, a set of add-ins for fast problem solving in Excel, has a new website. The product is growing: its sales have doubled, and the site is visited by several thousand users a day.

 

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International presence

WaveAccess is expanding its presence in Europe: this time, our new office location is in the United Kingdom. When we first started working with that country, there were only 60 of us. Today there are 600 of us, and we are ready for projects of any complexity using cutting edge technology.

A new office was also opened in Jutland (a province of Denmark), which would not have been possible without the systematic work of our Danish colleagues, whose team doubled in size. You recall that our first European offices were opened in Denmark in 2018, and a year later we opened our next office in  Karlsruhe, Germany. We send our greetings to our European colleagues!  

Standards and Compliance

The company successfully passed the planned recertification audit of Information security management. The results confirmed compliance of the WaveAccess’s information security management system with the requirements of ISO/IEC 27001:2013. Last June, the company was audited for compliance of its corporate quality management system (QMS) with the requirements of ISO 9001:2015, and the certificate itself is valid until 2023. 

Company life

This year we held our first ever hackathon - WaveAccess Productivity Hacking. The idea of the hackathon was in the air for a long time, but only after the pandemic, when they started to remove restrictions gradually, we were able to hold a full-fledged event IRL. Any WaveAccess employee could join a hackathon team, and we’ve got 13 teams competing for titles! Those who chose not to join a team could root for their fav team as online spectators.

We also have an in-house training system and a technology lab, where colleagues test new technologies and share experiences gained in projects. We continue to invest in people: English courses, leadership development, internships are available to WaveAccess employees. 

What started 21 years ago as a small team, and now we’ve gradually grown into a company with branches all over the world. We are now being enriched with new people and projects, and are happy to shape the future for our clients — and ourselves! 

Happy birthday, WaveAccess! 

Energy Management System for Mata Energy

The solution is aimed to facilitate sector-coupled energy supply, improving its efficiency. For the client we provided a consulting session, and developed an MVP.

Tune in to Invention Mode — our new podcast is live

What does invention look like in the everyday world of business? Invention Mode is the podcast where corporate professionals tell their stories of turning bold ideas into action, overcoming old habits, dealing with resistance, balancing creativity with risk, and proving the value of invention at day-to-day work. Episode one is out now.

WaveAccess and Arrow team up to promote AI use in Denmark

WaveAccess and Arrow ECS Denmark have partnered to make Artificial Intelligence (AI) more accessible to businesses in the Nordic region. Drawing on WaveAccess's AI implementation experience and Arrow's wide-ranging technology offerings, the collaboration aims to enable local companies to smoothly and efficiently develop, integrate and manage forward-thinking AI-based solutions.
In July 2022, WaveAccess is turning 22! We would like to take this opportunity to congratulate everyone involved and share the latest news and updates in the company’s life. WaveAccess carries on to focus on the global team approach, expanding its presence and also supporting the remote work concept, to increase the expertise in working with complex technology and business challenges, enter into new partnerships, develop its proprietary products, support employee initiatives and invest in the talents.
Twenty-five years. A quarter century. However we say it, it feels both monumental and energizing. At WaveAccess, turning 25 isn’t just about looking back with nostalgia, but also celebrating everything our team, clients, and partners have built together while setting our sights firmly on the future.
AI adoption in treasury operations is one of the most talked-about topics in corporate finance today — and for good reason. As treasury teams look to strengthen efficiency, resilience, and decision-making, many are asking: Is AI the right fit for us?

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