Hyderabad, 28th March 2024: Kompalli Data Solutions Pvt Ltd., a dynamic startup, has unveiled a game-changing innovation platform for event industry – Event Needz, today at T-Hub. This revolutionary online marketplace serves as a comprehensive aggregator, seamlessly connecting users with a diverse array of service providers, event-related rentals, and sales vendors, all under one roof. This immensely beneficial platform for the entire events ecosystem, was formally inaugurated by Shri Jayesh Ranjan, Principal Secretary, IT, I&C, Government of Telangana; and was graced by eminent dignitaries including Mr Anish Anthony, COO of T-Hub; Dr S. Glory Swarupa, Director General, National Institute MSME; and Mr Balaram Babu Alla, President, TCEI.
Event Needz simplifies the process of event execution by being a one-stop destination for the entire spectrum of event requirements including event planning, services, and products, be it for corporate conferences, wedding celebrations, social events or community gatherings. With an impressive network of over 4000 vendors and a fan base exceeding 10,000, spanning across Hyderabad, Visakhapatnam, and Bengaluru, this platform caters to over 30 types of events across 50 service categories.
Shri Jayesh Ranjan speaking on the occasion said, event industry could do with much more professionalism, we can organize with better planning, better execution, assessing scientifically what the deliverables are to match the expectations. The event is planned for a particular budget, the agency assures of executing the event in that particular budget, but suddenly all kinds of hidden costs are sprung in their face. The industry requires better organization, better professionalism. I am confident that technology can enable to overcome such challenges and bring about a sea change in the way this industry is organized. It is the responsibility of event industry Associations like TCEI, to popularize these kind of technology solutions, ensure every member of their Association understands the technology and once they begin applying technology, they can improve it to bring it to perfection. I am happy that such development is happening here from Hyderabad and Event Needz will take it to more cities, because the industry functions on similar lines irrespective of the city in which the event is held. The application has tremendous scope for scaling up, therefore the initiative is very welcome. As a government we also organize many events, we ourselves will be active users of this solution.
Users gain access to an extensive network of trusted vendors on Event Needz, ensuring unparalleled convenience and efficiency in event planning. From caterers to decorators, from audio-visual equipment rentals to venue booking services, Event Needz caters to every conceivable need in executing an event, with unmatched reliability and quality, says Jyotsna Kompalli, MD & CEO, Event Needz – a brand of Kompalli Data Solutions Pvt Ltd.
Event Needz stands out for its customer-centric approach, which puts the customer in control of their communication preferences. They have the option to receive calls from vendors or not. Customers can explore vendor profiles and stories to make informed choices. They can review vendor bids and select the best option based on factors beyond cost.
Event Needz offers a particular module for vendors, allowing them to manage their profiles, products, services, pricing, and bids for inquiries seamlessly. With the ‘No Rush Bidding’ feature, vendors can submit their bids within a specified expiry date, making the bidding process fair and transparent for everyone involved. Vendors can also view other bids for the same inquiry, which helps them to be more competitive and encourages them to increase their service offerings.
By harnessing the cutting-edge technology and leveraging Kompalli Data Solutions’ expertise, Event Needz redefines the landscape of event management, empowering users to bring their visions to life with ease, adds Jyotsna Kompalli.
Event Needz brings together business-to-business (B2B) and direct-to-consumer (D2C) interactions on a single platform. It caters to individuals and businesses planning events or celebrations. From small gatherings such as family get-togethers to large-scale functions like weddings or corporate events, customers can find solutions for every occasion on the platform. Customers can onboard the platform and access a wealth of event-related services and resources without incurring any fees.
