KIGILI SET TO INVEST TRY 50M IN TECHNOLOGY

The men’s clothing brand Kigili plans to make a TRY 50m technology investment and the company aims to join the metaverse with NFT (non-fungible token) collections soon, according to Hilal Suerdem, CEO of Kigili. “We have four active technology investments we have worked on for years. We’ve allocated a TRY 50m budget for our technology ecosystem as of the beginning of 2022. However, our investments won’t remain limited to this,” said Suerdem. The ‘QualisICT Technology’, which is one of the four active technology investments made by Kigili and a ‘spin-off ’ of the company, optimizes all processes through artificial intelligence (AI) and machine learning while ‘Octopus Technology’ offers tailor-made opportunities by merging screen management with AI. ‘Q-Soft Technology’ enables the company to manage repetitive business processes 24/7.