Vendon, the friendliest vending telemetry team there is
Here at Vendon, we take care of everything: the hardware, the software, and the people who use our product. Operating under the Draugiem Group, a key player in the IT industry of Latvia, Vendon has become one of the leading export companies in the group, our solution being used in over 70 countries.
The team that began as a two-people affair has evolved into a tight-knit group of eager professionals, with an excellent network of partners in various regions to provide top-quality services across the globe.
Chance has driven some of the most amazing scientific discoveries, and serendipity had a major role in the emergence of Vendon. A lucky encounter in September 2009 between a vending business operator and capable engineers with creative minds turned a simple request of an SMS payment solution for vending machines into a complete telemetry solution and cashless payments provider as it is known today, in 2021.
One of these tech wizards was Edgars Bināns, CTO of Vendon. At the time, he was a developer at MapOn, another company in the Draugiem Group. Edgars spent four months on creating the software for the first prototype together with an electrical engineer who constructed the hardware unit. The first tests were carried out at the Draugiem Group’s office in January 2010.
The same year, yet another serendipitous occasion took place – a visit to Venditalia, an international vending exhibition. It led to the realization that the device and the accompanying software they had created could be much more than just a text message payment solution. Instead, with some tweaks, it could serve as a telemetry device for vending machines and help vending operators run their businesses much more efficiently. For almost a year, they worked on this idea until it became official:
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