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About Us

At Tipsoi, we believe that efficiency and innovation go hand in hand. As a leading provider of biometric workforce management solutions, we offer cutting-edge technology to help businesses streamline their operations, improve productivity, and ensure seamless attendance management. Inovace Technologies, the parent company of Tipsoi, is a trailblazer in IoT and biometric solutions committed to delivering advanced technology solutions that make a difference.

Founded with the goal of transforming workforce management through smart, reliable, and secure solutions, Tipsoi brings a unique blend of expertise in IoT, biometrics, and cloud computing. Our flagship products, including facial recognition, fingerprint, and RFID-based attendance systems, have already helped hundreds of organizations optimize their processes and boost employee engagement.

Core Values

Crafting Tomorrow's Solutions Today: Where Innovation Meets Impact at Inovace

Inovace was born with the pursuit of solving high-impact problems around us, ensuring unparalleled quality in our products and services, and further accentuated by overwhelmingly good customer support. These values infuse every product we create and every client we serve. We’re not just in the business of work; we’re in the business of making a meaningful impact, elevating everyday lives and operations through innovative IoT and AI solutions. Our team is unified by the belief that work should not just be work, but a genuine endeavor to solve problems and enrich people’s lives. This drive creates an inherent culture which nurtures curiosity, innovation, learning, integrity, empathy, collaboration, and a problem-solving mindset, making Inovace not just a workplace but a breeding ground for innovative, fun, and humble individuals with exceptional potential for growth.

Vision Statement

Bridging Borders, Building Excellence: Inovace's Global Vision for Impactful Change

Inovace aims to become a key player in operational excellence and actionable insights in international markets. Over the next 5 to 10 years, we aim to be a self-sustaining enterprise with a diverse, talented team and a low-churn, loyal customer base, operating in key markets around the world including North America, Europe, and Asia. Success for us is a strong global presence with regional hubs in major cities and a highly loyal customer base. Our ultimate goal is to be a catalyst for transformative change, not just in our current sectors but in new fields such as energy, agriculture, and health. In all our endeavors, our core values will continue to guide us, as we strive for impactful solutions that resonate with real-world challenges.

Mission statement

Empowering Industries: Inovace's Mission for IoT and AI Solutions

Inovace’s mission is to deliver cutting-edge IoT and AI solutions that address pressing challenges in operational efficiency, safety, and sustainability across a range of industries. Our customers span most industries, and we serve them by providing unparalleled quality, actionable insights, and unmatched customer support. Leveraging a robust suite of proprietary technologies, we introduce a new level of intelligence and adaptability to industry-specific issues. Our plan for financial sustainability focuses on achieving a strong product-market fit, scaling our most successful solutions, and maintaining an exceptionally low customer churn rate through outstanding service. Above all, we are committed to making a meaningful impact on both a regional and global scale, guided by core values that emphasize problem-solving, innovation, and a deep-rooted sense of responsibility to our clients and community.

Tipsoi Culture

we believe work should be more than just a routine—it’s where passion meets purpose and innovation thrives. We’ve built a diverse, inclusive team that feels like family, where everyone’s voice matters and contributions are recognized. From celebrating cultural festivals in vibrant traditional attire to team outings in matching Hawaiian shirts, from birthday surprises to employee recognition programs—we blend professionalism with genuine fun. Our collaborative culture encourages curiosity, experimentation, and continuous growth, while promoting healthy work-life balance. Whether you’re an engineer, designer, or support hero, at Tipsoi you’re not just an employee—you’re a stakeholder in our journey to transform workforce management globally. We’re building something meaningful, and we’re doing it together.

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Day in the Life of Tipsoi

We’re a passionate, curious, and collaborative bunch. From product thinkers and software engineers to support heroes and growth architects — meet the people redefining how organizations work.

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Frequently Asked Questions

Tipsoi is an innovative IoT-backed workforce management solution founded by Inovace Technologies Ltd. We specialize in advanced biometric attendance systems, combining cutting-edge facial recognition, fingerprint scanning, and RFID technology with comprehensive cloud-based HR management software to transform how organizations manage their workforce globally.

Inovace Technologies Ltd., the parent company of Tipsoi, was founded in 2017 with the goal of solving high-impact operational challenges through innovative IoT and biometric solutions.

Inovace was born with the pursuit of solving real-world problems around us. We recognized that traditional attendance and workforce management systems were inefficient, time-consuming, and often unreliable—especially in challenging environments. This drove us to create Tipsoi, a smart, reliable, and secure solution that brings together IoT, biometrics, and cloud computing to revolutionize workforce management.

Our mission is to optimize workforce management globally by providing reliable, scalable, and intelligent solutions that enhance operational efficiency, improve security, and streamline HR processes for organizations of all sizes—from startups to large enterprises.

Over the next 5 to 10 years, Tipsoi aims to become a key player in operational excellence and actionable workforce insights, both regionally and internationally. We envision becoming a self-sustaining enterprise with regional hubs in major cities across North America, Europe, and Asia, serving a diverse and loyal customer base worldwide.

We’re continuously building strategic partnerships and collaborations worldwide. Our selection by Accelerating Asia, a Singapore-based venture capital fund, demonstrates our commitment to building a global network and presence.

We’re continuously building strategic partnerships and collaborations worldwide. Our selection by Accelerating Asia, a Singapore-based venture capital fund, demonstrates our commitment to building a global network and presence.

Our core values emphasize:

  • Problem-solving: Tackling real challenges with innovative solutions
  • Innovation: Continuously pushing boundaries in IoT and biometric technology
  • Quality: Ensuring unparalleled excellence in products and services
  • Customer Support: Providing overwhelmingly good support experiences
  • Responsibility: Deep-rooted commitment to our clients and community
  • Integrity: Maintaining transparency and ethical practices in everything we do

We’re a passionate, curious, and collaborative team. From product thinkers and software engineers to support heroes and growth architects—our people are redefining how organizations work. Our team is unified by the belief that meaningful work creates real impact.

Tipsoi currently serves over 1,200 organizations, helping businesses across diverse industries streamline their attendance, shift, and leave management with real-time analytics and actionable insights.

Our solutions have been successfully implemented across multiple sectors including:

  • Banking & Financial Services (e.g., BRAC Bank with 163+ units)
  • NGOs & Humanitarian Organizations (e.g., Action Against Hunger in Rohingya camps)
  • Manufacturing & Logistics (e.g., Meghna Group marine fleet)
  • Healthcare, Education, Retail, Construction, Hospitality, and many more
  • BRAC Bank: One of Bangladesh’s most prominent financial organizations with 15,000+ employees uses 163 Tipsoi units across different locations, with 300 more planned for installation, all monitored centrally from a single web panel.
  • Meghna Group: Implemented Tipsoi on their inland marine vessel fleet, overcoming challenges of mobility, data connectivity, and power concerns for raw material transportation operations.
  • Action Against Hunger (ACF): Deployed Tipsoi across 38 Rohingya camps in Cox’s Bazar, Bangladesh, managing attendance for around 1,000 volunteers despite frequent power failures and infrastructure challenges.

Absolutely! While we’re proud of our roots and success in Bangladesh, we’re actively expanding globally. We aim to establish operations in key international markets including North America, Europe, and Asia over the next 5 to 10 years.

Tipsoi offers world-class biometric workforce management technology at competitive pricing, backed by exceptional customer support. Our solutions have been battle-tested in some of the world’s most challenging environments—from marine vessels to humanitarian camps—proving their reliability, scalability, and versatility.