Keelvar is a university spin out company from University College Cork (U.C.C.) and is headquartered in Cork, Ireland. The company was founded by Alan Holland, a former research fellow and lecturer specializing in Artificial Intelligence, Auction Theory and Optimisation.
The company was formed to address a problem encountered by the founder’s parents chemical company, Acorn Water. They wished to communicate richer and more expressive bids in procurement events that were contingent on establishing a viable share of volume. It was clear that purchasers lacked the technological solutions to facilitate efficient trade in large scale or complex categories.
Alan Holland’s PhD research focused on electronic commerce and mechanisms for improving economic efficiency in complex trading environments such as energy storage, transportation, print, packaging, waste, chemicals and maintenance services. Spotting the inefficient outcomes in numerous sourcing events he decided to turn his attention to helping buyers source more efficiently. And this is something we have been doing ever since.
We are passionate about enabling our customers to take charge of their sourcing events and use our tool to empower their sourcing strategy and execution of events on a large scale. We add intelligence to the software where it’s needed in order to make life easier. We help clients reach best practice levels and then reduce our involvement as they become more proficient and confident with optimization.
“Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.”
Modern software should empower users to take more control over strategic decision making whilst automatically taking care of mundane background calculations. We pay particular attention to design, ensuring that our application is easy to use and intuitive. We’ll hold your hand through the first few engagements, then we look to hand the controls over to you.
INTEGRITY AND HONESTY
We engage closely with Enterprise clients in Roadmap development and planning. We believe in finding win-win outcomes with suppliers and that sustainable savings foster collaborative mechanisms for finding efficiencies.
We believe that users of existing procurement software solutions have been getting a raw deal both on the buy and supply side. Many solutions are based on out-dated technology stacks with user interfaces that are complex and unintuitive.
Customers realize more value when tools simplify complexity. We don’t aim to support every conceivably complex scenario because it would come at the cost of having a tool that was too difficult for most users to adopt. We want to bring the benefits of optimization to a much wider audience with a more competitively priced solution.
WE PURSUE EXCELLENCE
The Keelvar team consists of graduates with backgrounds in Computer Science, Microeconomics, Financial Mathematics and Mechanical Engineering. We share a passion for using the latest advances in Computational Mechanism Design, Optimization and Artificial Intelligence to tackle issues that previously seemed insurmountable.
We are also ‘design led’ and are motivated to create a solution our users can use without needing consultants to ‘explain it’ or engineers to ‘configure it’.
WE FOSTER EDUCATION
The Keelvar team consists of graduates with backgrounds in Computer Science, Economics, Financial Mathematics and Mechanical Engineering. We share a passion for using the latest advances in science to tackle issues that previously seemed insurmountable. We are also ‘design led’ and are motivated to create a solution our users can use without needing consultants to ‘explain it’ or engineers to ‘configure it’.
Valuing research and innovation, the company retains strong ties with the Department of Computer Science in UCC that hosts Europe’s largest AI lab. Keelvar will continue to be supportive of education and academic excellence in Computer Science and related disciplines.