What ASPEX does

ASPEX (legal entity ТОО "АСПЭКС ГРУП" / TOO "ASPEKS GRUP") is an Almaty, Kazakhstan-headquartered technology company founded in 2016 that delivers AI-powered business process automation, business intelligence, and IT infrastructure services to enterprise clients. Its customer base spans 16 industry verticals including banking (National Bank of Kazakhstan, Forte Bank, First Heartland Bank, PKB First Credit Bureau), oil and gas (Lukoil Belarus, Total France, MMG MangystauMunayGas, OMG OzenMunayGas), manufacturing, logistics, and hospitality (The St. Regis), with 400+ completed projects and a 98% client recommendation rate. The company operates as a Microsoft Gold Partner with 36 employees including 20+ certified experts with Big4 and major IT company experience.

ASPEX has built a portfolio of proprietary AI products on top of standard frameworks (PyTorch, TensorFlow, Spark, Azure ML): LUMI for SMB financial reporting, ASPEX AI for chatbot orchestration, ASPEX FORT for document security and forgery detection, BIAnalytics for BI dashboards, AI Portal for corporate GPT access, and Creative AI for generative visuals. Service offerings include Data Factory ETL, speech analytics, speech synthesis/translation (Russian, Kazakh, Uzbek, English including mixed-language inputs), computer vision, predictive analytics, IT infrastructure monitoring, data migration, DWH implementation, IT recruitment, and branded consulting practices TechРазбор and TechТрекинг. Public-facing AI-driven outcomes disclosed include a 40% chatbot conversion uplift, a 3x reduction in deal time, and downtime reduction from 10-12 hours to 30 minutes.

Revenue mechanics combine three streams: (1) professional services for consulting, implementation, and outsourcing; (2) software license reselling of Adobe, Microsoft, JetBrains, Figma, Zoom, and OpenAI products with publicly disclosed annual subscription pricing; and (3) SaaS subscriptions to its proprietary products. Go-to-market is field sales targeting enterprise accounts, supplemented by 80% word-of-mouth origin for new clients and an active e-commerce license channel. International engagements (Lukoil Belarus, Total France) indicate cross-border delivery capability.

Name

ASPEX

Legal name

Товарищество с ограниченной ответственностью "Аспэкс Груп"

Website

https://aspex.kz

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

ASPEX is an Almaty, Kazakhstan-based AI and business intelligence company serving enterprise clients in banking, oil and gas, manufacturing, and logistics with proprietary AI products (chatbots, speech AI, computer vision, predictive analytics) and Microsoft-aligned BI, data warehouse, and IT infrastructure services.

Ownership category

akta.pro rank

Product category

Enterprise AI and Business Intelligence Software

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Software Publishers (513210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

AI/ML Engineering & Model Development Services (BPAEAHAF)

akta.pro secondary industries

AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), Model Development & Training Platforms (AutoML, Notebooks, Feature Stores) (HDAEANAB), AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI)

Keywords

• AI business process automation
• Business intelligence analytics
• Enterprise AI services
• Data warehouse implementation
• Generative AI solutions

Headquarters

HQ city

Almaty

HQ country

Kazakhstan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services: Implementation, consulting, and outsourcing services for BI, AI, and data infrastructure
2. Software Licensing: Sale and management of software licenses (Adobe, Microsoft, JetBrains, Figma, Zoom, etc.)
3. AI and BI Products: SaaS products including LUMI, BIAnalytics, ASPEX AI, ASPEX FORT, AI Portal, Creative AI

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

ASPEX builds and sells enterprise AI and business intelligence software products including LUMI, ASPEX FORT, BIAnalytics, Aspex AI Portal and Aspex Creative AI, and delivers professional services such as Data Factory, Speech Analytics, Computer Vision, Predictive Analytics, DWH implementation, data migration, IT infrastructure monitoring, license management and IT recruitment for corporate customers in banking, construction, manufacturing and other sectors.

Product overview

ASPEX is a Kazakhstan-based technology company offering a portfolio of AI and BI products and services. The product portfolio includes: LUMI (AI platform for SMB financial statement analysis), ASPEX AI (platform for building AI chatbots), ASPEX FORT (document security), BIAnalytics (business intelligence dashboards), Aspex AI Portal (corporate GPT access), and Aspex Creative AI (generative visuals for Teams). These are complemented by professional services including Data Factory (ETL/integration), Speech Analytics, Speech Synthesis, Computer Vision, Predictive Analytics, AI Chatbots, IT Infrastructure Monitoring (Zabbix), Data Migration (Microsoft ecosystem), License Management (Adobe, Microsoft, JetBrains, OpenAI, Zoom), DWH Implementation, IT Recruitment, and consulting solutions TechРазбор and TechТрекинг. The architecture follows a platform-plus-modules approach where ASPEX AI serves as the core AI platform supporting specialized capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• LUMI: AI platform for automated processing and analysis of financial statements for SMB.
• ASPEX AI
• ASPEX FORT
• BIAnalytics
• Aspex AI Portal
• Aspex Creative AI

Products and services

• LUMI AI-driven business process automation software that uses computer vision, speech analytics, predictive analytics and chatbot interfaces, primarily targeted at corporate operational processes (e.g., bank operations and customer workflows).
• ASPEX FORT Low-code business process management and knowledge management platform for enterprises that need customizable workflows and AI-assisted automation of standard business processes (KYC, onboarding, accounting and personnel workflows).
• BIAnalytics Enterprise business intelligence platform combining ETL pipelines, OLAP cubes and data visualization to consolidate company data and deliver dashboards for decision-making.
• Aspex AI Portal AI software portal for building, deploying and managing AI-powered chatbots and analytics assistants integrated with corporate systems.
• Aspex Creative AI Generative AI tool for creating text and visual content, positioned for marketing and operational content generation use cases.
• Data Factory Service for collecting, processing and preparing data from disparate enterprise sources, including data warehousing and database migration, to enable further analytics and AI applications.
• Speech Analytics Service that analyses audio recordings and voice streams for sentiment, content and patterns, applicable to call centres and voice-based customer interactions.
• Speech Synthesis and Translation Service providing text-to-speech synthesis and multilingual voice translation capabilities for enterprise communications and content localisation.
• Computer Vision Service for image and object recognition, applied to industrial, security and document-processing use cases across enterprise customers.
• Predictive Analytics Service using ensemble machine learning models to forecast customer behavior, demand and other business-relevant outcomes for enterprise decision-making.
• AI Chatbots Service designing and deploying AI-driven conversational chatbots that serve as the first line of customer support or employee self-service for enterprise clients.
• TechРазбор (ТехАудит) IT audit service that reviews a client's IT infrastructure, processes and architecture to identify improvement opportunities and inform technology decisions.
• TechТрекинг Service providing IT monitoring and tracking to deliver an up-to-date picture of a client's technology stack and ongoing IT operations.
• DWH Implementation Service implementing enterprise data warehouses using Greenplum, ClickHouse and Arenadata DB to consolidate corporate data for analytics.
• Data Migration Service migrating enterprise databases and data assets between platforms (e.g., Oracle-to-PostgreSQL, on-premise-to-cloud) with minimal downtime.
• IT Infrastructure Monitoring (Airmaster) IT infrastructure monitoring software/service that helps enterprises track the health and performance of servers, networks and applications.
• License Management Service helping enterprises audit, track and manage software licenses to ensure compliance and optimise software spend.
• IT Recruitment (ТехРекрут) Staffing/recruitment service focused on sourcing IT specialists (developers, analysts, data engineers) for enterprise technology teams.

Quantifiable outcome

• 40% increase in deal conversion with AI chatbot implementation
• +5 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability17 records

Feature13 records

Partnerships

One partnership is on record.

• MicrosoftcoreTechnology or IntegrationASPEX holds Microsoft Gold Partner status, indicating certified competencies and advanced expertise in Microsoft technologies. They implement solutions on Microsoft 365, Azure, and integrate with Microsoft ecosystem products.

Scale indicators13 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• EPAM Systems: Global engineering services company with CIS heritage offering AI/ML engineering, data platform, and digital transformation services to enterprise clients. Directly comparable in services mix, CIS origin, and enterprise AI/BI delivery model.
• Grid Dynamics: AI/ML engineering and data platform services firm delivering enterprise-scale predictive analytics, NLP, and cloud data solutions. Comparable in core capability stack (PyTorch/Spark/Azure ML) and enterprise delivery model.
• Andersen Lab: Software engineering and AI services firm with strong CIS roots, delivering custom AI/ML, BI, and enterprise automation solutions. Comparable in technology stack, client segments, and project-based delivery.
• ScienceSoft: AI/ML consulting and custom software development firm with BI and data integration practice serving enterprise clients across industries — directly comparable in AI services, BI dashboards, and ETL offerings.
• Itransition: Custom software development and AI/ML consulting firm serving enterprise and SMB clients across data analytics, BI, and intelligent automation — closely mirroring ASPEX's services-plus-product model.

Broad incumbents

• Accenture: Global professional services giant with large-scale AI/data analytics practice serving CIS enterprises. A broad incumbent that competes for the same large enterprise AI/BI transformation mandates as ASPEX.
• SoftServe: Large Eastern European IT services firm with substantial AI/data engineering practice and Microsoft partnership. A broader incumbent with overlapping enterprise AI, BI, and cloud capabilities across multiple verticals.

Regional players

• Chulakov: Kazakhstan-based analytics and BI consulting firm serving CIS enterprise clients across banking and industry verticals. A regional peer with similar vertical focus and BI/analytics delivery model.
• Bell Integrator: CIS-focused IT services and AI/data engineering provider with deep enterprise and government clientele in Russia and neighboring markets. Comparable in regional presence, AI engineering focus, and enterprise/government sales motion.

Emerging players

• Altoros: AI/ML and cloud data engineering services firm focused on enterprise predictive analytics and platform development. Comparable in technology stack and AI engineering delivery, though smaller and more US/EU focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aspex-kz

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ASPEX