VAKT Looks to 2025 as a Year of Expansion

2024 proved to be a good year for VAKT. In February of last year, it announced Tasja Botha as its new CEO who, at that time, told ComTech that “the strategy remains the same; to onboard new customers and increase the volume of data exchanged on the VAKT network. 2023 saw great progress in this regard, we integrated new customers and trade volumes increased substantially. 2024 is looking even better, we will have even more users  by the end of the year, and will have broken into new markets.” During the course of the year, VAKT announced several new customers  and saw volumes continue to rise such that by late summer, Ms. Botha told us that “we have achieved 70% adoption in the NW European barge market. We have proven that we can handle the barge market and give our user’s a good ROI with our three software products.”  While 2024 was a year of growth, consolidation and increasing adoption, it also laid the seeds of VAKT’s plans for expansion. It is now moving forward with Proof of Concepts with customers and is set for a big push into the  and Global vessels . As Ms. Botha told us late last… continue reading