Tekion – A Fast Emerging Next Gen Cloud-Native Platform

Feb 5, 2021

TekionTekion accepts that business applications don’t need to be exhausting. Indeed, they ought to be straightforward, fun, and cool! They ought to be as wonderful to use as your number one social or shopper application, yet ground-breaking enough to consistently and proficiently run worldwide organizations that give unmatched customer experience without bargain.

Established by a visionary business person and trailblazer Jay Vijayan, Tekion is building the world’s best business applications on the cloud beginning with the auto retail industry. Tekion intrinsically utilizes the latest advancements like huge information, AI/AI, and human computer cooperation. Tekion is creating new innovation en route to defeat boundaries and tackle large issues, all while having a great time doing it!

Any individual who has been to a vehicle sales center realizes that purchasing a vehicle can be an extensive and regularly baffling experience. One of the main reasons it’s so excruciating is that business staff regularly need to go through various programming applications for things, for example, preparing credits and recording possession changes, a considerable lot of which don’t work easily together.

You sit at home and finish your buy totally on the web. Or on the other hand, you go to a vendor, converse with a sales rep, and purchase. For the first, Tekion guarantees consistent association betTekionen an OEM and a vendor.

Tekion additionally makes an advanced crossover experience. This implies, for the most part, user can plan conveyance on the web, transfer archives, present an advanced mark, and so on Yet, in the event that the user is doing it all disconnected, and partially through you understand this isn’t working out, you can do the cycle on the web, and an individual will carefully handhold you through each progression of the purchasing interaction.

For vehicle servicing, Tekion has a zero-contact framework, where you don’t need to venture out of your home. You can follow when somebody will come to get the vehicle, request endorsement online for the get, and at the business, you can follow the assistance interaction. You can support each progression or make changes in the event that you need and recordings and pictures can be traded on the stage. What’s more, since Tekion runs AI ML calculations, you will get proposals on new parts coming up, which you can add, and different choices. In the event that you drive to the vendor, when you enter the carport, you will be invited actually and perceived.

During a four-year spell as CIO of Tesla, Jay Vijayan made the organization’s own product stage for deals to convey a consistent encounter for its clients. Subsequent to leaving, he established Tekion in 2016 to fabricate a cloud-based item that various vendors can use to do something very similar. In spite of the fact that Vijayan’s pioneering venture hasn’t generally been smooth, he’s prevailed upon financial backers to his vision: On October 21 Tekion declared a $150 million Series C round, bringing the absolute it has raised to $215 million and getting its valuation to more than $1 billion. The investment will help Tekion accelerate the turnout of its auto cloud framework in the U.S. The organization additionally plans to utilize a portion of the cash to extend universally, with both Europe and Asia in its sights for one year from now.

Tekion became a unicorn after it raised $150 million in a Series C financing round. The cloud-based membership service is as of now utilized by 17 vehicle producers. The stage utilizes AI and man-made brainpower to recommend everything from buy alternatives for vehicle purchasers, accessibility of extra parts and administration plans and furthermore gives market knowledge to vendors. At the focal point, all things considered, are the sellers who can utilize the stage to smooth out tasks.

Vijayan’s experience as a CIO at Tesla taught him both how to reconsider a whole industry model and how to oversee uncommonly quick development. Earlier jobs in designing at big companies of Oracle and VMware likewise equipped him with a comprehension of the hierarchical constructions required to help extension. The cloud-based membership service is presently utilized by vendors in over a portion of U.S. states and by 17 vehicle makers. As Tekion integrates various applications easily, it uses AI to propose alternatives for vehicle purchasers, to keep clients informed about the status of their vehicles while they are being adjusted, and to take care of significant market knowledge to vendors.

“Today’s consumers receive outstanding personalized retail experiences from companies like Amazon, Apple, Google, and Disney. Why shouldn’t they expect the same in their vehicle acquisition and service needs? We believe Tekion will be the trailblazer for enabling the modernization of the entire consumer journey and providing the best experiences and operational efficiencies, period. It’s time to even the playing field for the automotive retail industry,” said Jay Vijayan, CEO of Tekion.