Overview
covento.com/default/about-us
Supernova Award Category
Next Generation Customer Experience
The Problem
covento.com/dk_en/Blog/revolutionizing-the-wind-turbine-spare-parts-market/
The Solution
covento.com/dk_en/Blog/revolutionizing-the-wind-turbine-spare-parts-market/
The results
Launched in less than 6 months in five countries, growing customer base. Expected to break-even in profitablity in first 18 month run rate. Real-time buying that has has never existed in energy industry, a new financial product that enables marketplace purchasing and supplier consolidation, and a proprietary search alogprithm for finding spare parts across 71 different turbine models and OEMs. Covento is expanding into North America and across Europe in 2023. Also expanding into other renewable energy industries.
Metrics
Launched in less than 6 months in five countries, growing customer base. Expected to break-even in profitablity in first 18 month run rate. Real-time buying that has has never existed in energy industry, a new financial product that enables marketplace purchasing and supplier consolidation, and a proprietary search alogprithm for finding spare parts across 71 different turbine models and OEMs. Covento is expanding into North America and across Europe in 2023. Also expanding into other renewable energy industries.
The Technology
Built in-house and using Adobe Commerce, Adobe Analyitcs, Mirakl, Mango Pay, Citi Bank, and Hokodo.
Disruptive Factor
covento.com/dk_en/Blog/revolutionizing-the-wind-turbine-spare-parts-market/
Shining Moment
We could list some awards and press that Covento has had-- but to me, as the CEO, the one that comes to mind is when we gave a customer a demo and at the end of the demo they looked at me like they were annoyed and said, "I'm not an idiot. I know how to buy in Amazon and this is the exact same thing. Dont waste my time with demo." And thats when I knew we had really built something that the energy industry had never seen before. :)