AND Solutions to expand APAC reach with Microsoft deal

AND Solutions has announced a multi-year agreement with Crayon and Microsoft to become a Strategic Independent Software Vendor (ISV), aiming to expand operations and penetrate new markets across the APAC region.

Based in Singapore, AND Solutions is a subsidiary of the fintech company AND Global. The collaboration will see AND Solutions leverage Microsoft's cloud infrastructure to provide optimised products aimed at assisting enterprise clients in streamlining their operations.

The integration, supported by Crayon as a Microsoft Cloud Solutions Provider, involves the utilisation of Microsoft Azure to enhance the scalability of AND Solutions' operations. A key component of this is the publishing of AND Solutions' intelligent document processing platform, mindox, on Microsoft's Commercial Marketplace. Mindox, powered by advanced capabilities, helps organisations manage and extract insights from various document types.

The impending availability of the platform on the Microsoft Commercial Marketplace aims to provide business clients with scalable and enterprise-ready solutions suitable for industries such as finance, banking, and property management. This expansion into the Microsoft ecosystem enables AND Solutions to engage with larger enterprise clients in the APAC region.

Research highlights that 38 percent of adults in Singapore are underbanked. The Singapore Digital Economy Report by the IMDA notes significant growth in the nation's digital economy, with the value-added from digitalisation growing from SGD $38.6 billion in 2017 to SGD $72.8 billion in 2022. This reflects a compound annual growth rate of 13.5 percent.

By transitioning operations to Microsoft Azure, and targeting a broad spectrum of industries, the collaboration seeks to empower businesses in Singapore and promote financial inclusion via technology. AND Solutions aims to enhance day-to-day efficiency for its enterprise clients.

Baasandorj Davaasuren, Business Owner of mindox, stated, "We are excited to introduce our intelligent document processing and other fintech solutions such as credit scoring, lending systems, and more across Southeast Asia, backed by the strength of Microsoft Azure. Mindox has enormous potential to streamline operations and enhance access to financial services for local enterprises. This collaboration with Microsoft brings us one step closer to driving financial inclusion across the region, while setting new industry standards through innovative, cloud-based solutions."

Heather Gordon, Regional General Manager for Asia, Global Partner Solutions at Microsoft, remarked, "AND Solutions has demonstrated innovation, and we are pleased to welcome them as an ISV partner. With a powerful toolkit and infrastructure such as Microsoft Azure, we are confident that AND Solutions will successfully scale throughout Southeast Asia and offer business clients innovative and first-class solutions to streamline their operations. Together, we will drive digital transformation for enterprises across the APAC region."