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COMPANY

ORIGINS

Seeloz was founded in 2013 to effectively harness the power of AI and Automation in optimizing operational efficiency for enterprises across different industry verticals. Based at the heart of the Silicon Valley, Seeloz is an emerging leader in the Vertical-Specific AI-Driven (aka, Vertical AI) software space. Through developing point solutions tailored for specific industries and leveraging AI in addressing major business challenges, Seeloz aims at becoming one of the main catalysts of the wave of AI-driven Automation across the industry.

LEADERSHIP

Executives
Mohamed Aly

Founder & CEO

Amir Razelan

President Seeloz (M) Sdn. Bhd.
VP of Operations

David Cruickshank

VP of Partner Ecosystem & Strategic Alliances

Advisors
Zain Khan

Founder & CEO, Citizen.VC

Al Carmona

Consulting Industry Veteran

Shozo Ohtani

Serial Entrepreneur in Technology

Mohamed Aly, Ph.D.

Mohamed Aly is a data scientist with vast academic and industrial experience in building large scale software platforms harnessing the power of Artificial Intelligence (AI) and Machine Learning (ML) in solving complex industrial problems. Before founding Seeloz, Mohamed was a senior research engineer at Yahoo! Research where he teamed up with world-class scientists and engineers to develop a web-scale user modeling platform for behavioral targeting. During his graduate studies, Mohamed interned at Google Research where he developed data mining techniques that effectively make use of the users' social activities to improve contextual advertising. Mohamed's state-of-the-art research studies in large-scale user modeling are regularly published in top-tier conferences for Internet research and data mining. Throughout his career, Mohamed developed a solid and diversified expertise in artificial intelligence, data science and big data engineering which he leverages to lead Seeloz to be the premiere player leveraging AI in injecting Automation and optimizing processes across the various industry verticals . Mohamed holds a bachelor degree in Computer Science and Engineering from Alexandria University, Egypt and a Master's and Doctorate degrees in Computer Science from the University of Pittsburgh.

Amir Razelan

Amir A. Razelan is a seasoned leader with broad experience in technology, operations and start-ups. He has over 20 years of experience holding various engineering and management positions at Siemens, Infineon/Qimonda (a Siemens subsidiary), and various start-ups in the Silicon Valley and Malaysia. At Seeloz, Amir manages business operations including post-sales account management, business process integration, and reseller/partner relationships. Prior to joining Seeloz, he co-founded and co-managed a consulting company providing solutions to bridge the gaps between Asia-Pacific and Silicon Valley entities, in terms of strategic partnership, connections, as well as those looking to establish presence in the regions. Amir holds a Bachelor of Science in Electronic Engineering from Bradley University and a Master's of Science in Engineering Management from San Jose State University.

Shozo Ohtani

Shozo is a successful entrepreneur in technology and consumer industry with over 30 years of US and international experience. His work experience includes board membership, corporate management and technology business management roles with a combination of multi-national corporations and startups initiated by high-profile entrepreneurs both in the US and Asia-Pacific. Shozo is now an independent management consultant, providing "One Stop Strategic Solutions" for startups and growth stage startups aiming at sealing strategic partnership connections in Asia-Pacific and vicinity regions as well as those looking for potential angel/seeds type investments from Asian investors. Prior to the current consulting service, he was a co-founder of Zentek and built it from scratch to over $1B market CAP Company and took it through all stages. He has a dual major, Bachelor of Science in Computer Science and Bachelor of Arts in Linguistics.

Al Carmona

Al Carmona is a 28 year consulting industry veteran and is Executive Vice President at Mars & Co, an international strategy consulting firm. He has deep experience in a wide variety of areas including business model redesign, brand strategy, pricing and demand building optimization, competitive analysis, portfolio optimization, cost and supply chain optimization, business unit turnarounds, acquisition and divestiture analysis and related organizational development. He has direct experience in a range of industries including consumer packaged goods, retail, automotive, apparel, private equity and financial services. Mr. Carmona has a BSE in Chemical Engineering from Princeton University and an MBA from Wharton.

Zain Khan

Zain is the Co-Founder & CEO at Citizen.VC, a venture focused FinTech startup and early-stage investor built and backed by top names in Silicon Valley and Wall Street. He has been one of the early employees at Google where he was the first one running International Business Operations and grew Google Corporate IT from 35 employees in 1 office to 10,000+ in 20 offices across the world. During his tenure, he created processors and best practices that are currently applied by top Silicon Valley players like Facebook, LinkedIn and Twitter. Since founding OZ Ventures in 2005 and prior to Citizen.VC, he invested in ~50 startups. Currently, he's on the Board of Directors or Advisor to 5 startups.

Seeloz Announces Strategic OEM and Go-To-Market Partnership with SAP to Leverage Artificial Intelligence in Minimizing Waste across the Healthcare and Food Supply Chains

SANTA CLARA, Calif., March 06, 2018 (GLOBE NEWSWIRE) -- Seeloz Inc. today announced it has signed an original equipment manufacturer (OEM) partnership with SAP (NYSE:SAP). Through this partnership, Seeloz will leverage the power of SAP HANA and scalability offered by the SAP Cloud Platform in accelerating the growth of its Operational Optimization System (OOS). Leveraging SAP HANA and offered in the form of tailored Software-as-a-Service (SaaS) point solutions running on the SAP Cloud Platform, the Seeloz OOS will complement the power of Artificial Intelligence (AI) and Deep Learning with the scale of SAP HANA and SAP Cloud Platform to tangibly assist hospitals, retailers, food distributors, and distributors of pharmaceutical and medical supply in minimizing supply chain waste.

“Around 30% of worldwide production from food, medicine and medical supply goes to waste every year. Pharmaceutical waste approaches 100 billion dollars annually in the US alone. Seeloz leverages AI and Automation to minimize this waste. Today’s announcement marks an important milestone for Seeloz towards achieving its mission.“ said Dr. Mohamed Aly, Founder & CEO, Seeloz Inc. “Hospitals can now fully depend on the scalable OOS, leveraging SAP HANA, to autonomously drive all supply procurement workflows based on accurately forecasted patient needs. We’re confident that collaborating with a giant in the enterprise software world such as SAP will boost our ability to mature the OOS and allow us to seamlessly embed it in the daily procurement workflows across the different targeted customers.”

In both the healthcare and food industries, billions are lost annually due to waste caused by supply chain inefficiencies. Waste comes down to four primary challenge areas: supply expirations, overstock, stock-outs, and cross-warehouse movements. These challenges can be traced to a primary root cause; procurement workflows typically run through Enterprise Resource Planning (ERP) systems not being driven by end customer needs, e.g., forecasted patient needs in a hospital that are typically derived from Electronic Medical Record systems (EMRs). Equipped with the power of Artificial Intelligence, the Seeloz OOS bridges the disconnect between ERPs and EMRs through a layer of smartness autonomously running procurement workflows with the goals of optimizing supply availability and minimizing waste.

Seeloz offers tailored versions of OOS to optimize operations for each of the players along the food and healthcare value chains, including providers (i.e., hospitals and retailers), distributors, and manufacturers. Since its launch in Q1 2017, the OOS tangibly demonstrated an ability to minimize supply waste, and particularly expirations, by 50%-80% for hospitals, food distributors and pharmaceutical distributors. Through this efficiency boost, early adopters of the OOS were capable of reducing overall supply costs by 5%-20%.

The initial focus of the partnership will be to offer the OOS, leveraging SAP HANA and running on the SAP Cloud Platform, to hospitals and Integrated Delivery Networks (IDNs) in the US and in selected International markets. Given that the OOS is agnostic from the underlying software systems already run by customers (e.g., ERPs and EMRs), the collaborative go-to-market approach is intended to enable a wide range of IDNs and hospitals to tap into the power of the OOS to achieve tangible and immediate supply cost reductions.

About Seeloz

Based at the heart of the Silicon Valley, Seeloz is an emerging leader in the Vertical-Specific AI-Driven (aka, Vertical AI) software space, aiming at becoming one of the main catalysts of AI-driven Automation across the industry. Driven by its mission to save the world through AI, Seeloz focuses on minimizing waste across the healthcare and food value chains.

SAP, SAP HANA, SAP Cloud Platform and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.

All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

For more information, press only:

contact@seeloz.com