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Powerweave targets 30% growth as it expands AI use

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Powerweave targets 30% growth as it expands AI use

Powerweave is targeting about 30% revenue growth in the current fiscal year as it expands the use of artificial intelligence across its products and internal operations.

The group is applying AI across three parts of its business: aws promostack for promotional products, ewiz procure for procurement, and Snowkap for ESG and net zero work. The technology is being used in software development, procurement workflows and supply chain sustainability analysis.

Around 60% to 65% of Powerweave's software development lifecycle is now carried out with AI assistance, cutting the time needed to build complex product features from roughly six to eight weeks to two to three weeks.

To manage that shift, the business has put in place an internal framework covering code development, testing, security, specifications and governance. The framework is intended to maintain quality and control as more of the development process uses AI tools.

Within ewiz procure, Powerweave is integrating AI into several steps of the procurement process, including drafting requests for proposals and requests for information, analysing supplier responses, and producing technical and commercial recommendations.

The procurement platform is positioned as a layer that works with existing enterprise systems rather than replacing them. ewiz procure is designed to help customers get more value from current ERP and source-to-pay investments.

At Snowkap, AI is helping organisations process large volumes of data to identify carbon-intensive areas in supply chains and spot opportunities to reduce emissions. The platform is aimed at moving customers beyond reporting towards actions linked to decarbonisation.

In its promotional products operation, aws promostack combines software, AI tools and back-office support across order management, artwork, customer service and fulfilment.


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