Word Of The CEO 2024

Simultaneously, a new era of digital business transformation has begun, one that is helping us solve some of our most urgent problems and dramatically increasing productivity for every person, business, and industry on the planet.

We Lead

The upcoming wave of AI, data analytics, and IoT is transforming all software categories and businesses, and this is where we stand. At Neu Ocean, we help democratize this new wave of technology and harness its potential for every nation, community, and individual while reducing its hazards.

Our Mission Remains

Neu Ocean was established over two years ago with the mission of building a foundation of partnership between businesses and providing them with our commitment and dedication, bearing their success in mind. Our mission is unchanging in the midst of tremendous change.

Here are, just to mention a few, illustrations of how we are already taking care of this;

- Jetex, the World’s leading private jets operator; is helping its employees be more productive, enabling them to focus on higher value-added activities, by deploying Jirlie framework.

- Steven Austin, the well-known UK brand for industrial tools, is automating all its processes starting from production in China, logistics across the continents, all the way to retail sales in the Middle East, Africa and Europe using Jirlie Business Management Solution.

- Tazzweed, a UAE technology startup is deploying Jirlie, the virtual assistant and Jirlie framework to connect hundreds of businesses with the right vendors; expanding its horizons to use artificial intelligence to scale its operations throughout the Middle East.

How we did, last year!

Break even, around the corner

It typically takes an innovation-driven enterprise two to five years to break even. We have made significant progress in our second year at Neu Ocean, and we are almost at break even.

We made over 1.2 million US dollars in 2023 as opposed to just 210k in 2022, while we spent less than half as much in 2022—from 1.3 million US dollars to nearly 1.5 million US dollars.

Raise in Business Valuation

Our company's worth grows exponentially as it expands. To ascertain the economic value of our work, we regularly monitor our company valuation.

As per Expertbase, our business valuation increased to $36 million as of September 2023 from $24 million in the same month in 2022.

Team’s professional development

As leaders in the field, we have put in a lot of effort to keep ahead of both the competition and technical improvements. We made large investments in our employees' leadership, managerial abilities, and technical training as we continue growing and improving.

We value our continuous advancement in terms of knowledge and industry-recognized qualifications, and we are driven to empower our clients and be acknowledged for our achievements.

What we will do, next!

In the next few paragraphs, I would like to mention some major adjustments which will lower expenses, increase productivity, and ultimately increase earnings.

Inhouse resources

As the business approaches steady state, the core development is finished. We achieved an 80% reduction in our reliance on external resources. For the most part, nowadays, we are relying on our inhouse resources.

Agile company restructure

Furthermore, while it grows, the company has undergone an agile restructuring to optimize resource use and achieve optimal efficiency.

New generation of managers

The founders returned back to their seats as board members after serving as paid managers since foundation, allowing a new generation of talents with fresh minds and creative visionaries with less financial demands to take the lead.

Intelligent Cloud billing control

As we initially made huge investments in our cloud infrastructure in liaison with our partnering service provider to improve the performance, efficiency, and reliability of our cloud operations. Nonetheless, the use of elastic infrastructure containers and load balancer technique, will enable a 65% reduction in cloud server costs while our operations are still ultimately scalable.

Innovative employment models

As our operations grow, we welcome new people into our family, every year. We have examined our employment choices in order to maximize the monetization of all available resources and to make the processes more equitable for both the worker and the company.

Virtual business, virtual assets

Our long-term goal is to become the largest and most consistent virtual business in the World; thus, we essentially adopt work-from-home and remote employment policies. Since the beginning, the vast bulk of our activities have been dependent on virtual assets, soft infrastructure and cloud-based work environment. As a result, our present assets' depreciation is lowered by more than 70%.

Opportunities

New Features

Both standard modules like Accounting, Procurement, Inventory, HR, CRM and Support and made-to-order modules let everyone maximize their creativity and productivity. We are always developing new features like Projects, Meetings, Cloud Call Center and Jirlie Directory.

Jirlie is made for the dispersed, digitally linked workforce of today.

Diversified Business Models

In 2023, we were successful in drawing in our niche customers to deploy Jirlie Enterprise as the all-rounder business management solution for them to stay one step ahead of the game. We introduce a new Jirlie model today, which widens the base of customers and helps us spread rapidly and emergingly.

Cloud infrastructure

In order to create the most effective infrastructure architecture during 2023, we made huge investments in our cloud infrastructure in collaboration with our partnering service provider. We now operate on servers with a flawless and dependable 100% uptime in all of our operational countries.

Artificial Intelligence

With Jirlie AI, we have introduced the next generation of artificial intelligence to every business domain. This AI operates throughout the Jirlie framework and can be integrated with other systems to alleviate legacy duties such as manual data entry, note-taking, scripts creation and customer support.

Data Analytics

Our Intelligent Data analytics combines governance, analytics, and operational databases so businesses can focus more on adding value and less on integrating their data estate. Jirlie now combines a disruptive business strategy with compute, storage, and governance.

Industry

We are quickly emerging as the go-to partner for any business hoping to truly benefit from digital transformation, regardless of industry. We introduced the world's most intelligent and fully automated CRM with cloud telephony to Rolls Royce and the world's first fully automated uniform management application to Jetex, all thanks to the variety of specialty modules and customization options available.

Additionally, we launched new solutions in the retail sector to assist businesses in running their day-to-day operations and digitizing their physical stores using Jirlie POS, a state-of-the-art system.

Security

Security is an organization's top priority due to the increasing rate and tempo of cyberthreats. Every facet of data and operational security is transformed by our all-inclusive security system.

Customers’ Retention

Jirlie is radically increasing productivity in businesses by enabling them to complete their tasks 60% faster. Well-known brands such as Nine Yards Development, Phoenix Spark and Vault Auto Services have selected Jirlie for their businesses.

Opportunities in the pipeline

Now is the time for perseverance to pay off. We currently have several confirmed orders for 2024 as well as some other inquiries in discussion.

Future plan

Taking digital transformation to a new dimension

We also revealed our plans for future expansion, which would unite firms and expand the transformation from internal company operations to external business-to-business transactions. Jirlie users will be able to connect and transact business with one other in a transformed and automated manner thanks to the Jirlie directory.

Experts’ Community

Additionally, we create a community to let domain experts within an organization assist in automating processes, developing apps, constructing new modules utilizing only the Jirlie framework.

Certified Learning

Certified learning of Neu Ocean’s products is something that we cannot miss. We've partnered with a highly recognized educational organization to design master courses for Jirlie-Certified System Administrators, Accountants, HR Managers, Inventory Keepers, and other professionals. Jirlie education program will be announced during Q1 2025.

Here we are

Let us realize that we are building a company that

- is a UK-based company,

- employs people from diverse backgrounds, cultures, and languages,

- transforms the way of work for both the Jetex elite cabin crew in Monaco and the Steven Austin rural tool fabricator in China.

- and furthermore, looks for further methods to improve and simplify their lives.

This rate of positive dispersion and scope of influence in the technology sector have never been seen.

This is the time for us as a company to step up and responsibly spur economic growth and benefit every nation, industry, individual, and community. The world will prosper if we do it well. Never before have I been surer that in the years ahead, we will work together to fulfil this promise.

Amir Negm

Chief Executive Officer

Written and signed on 10/01/2024