Leading retail software and technology company VSBLTY Groupe Technologies Corp. (CSE:VSBY) (FRA:5VS) (OTC:VSBGF) revealed some exciting news Thursday that will allow the company to showcase its leading-edge software technology to the growing AI market in Latin America.
VSBLTY announced that its artificial intelligence (AI) and machine learning software technology will be featured in the Retailigent Media exhibit at EXPOPUBLICITAS, the largest advertising and marketing trade show in Latin America.
The event, which will be held at Centro Citibanamex in Mexico City, brings together more than 500 companies featuring advertising solutions and innovations and is expected to attract over 20,000 national and international attendees over three days.
The Retailigent Media exhibit will include a 65-inch screen command center, as well as interactive displays with touch screens, using VSBLTY’s industry-leading VisionCaptor™ and DataCaptor™ technology, which combine motion graphics and interactive brand messaging with first-of-its-kind FacialAnalytics™.
VSBLTY to Partner with Latin America’s Premier Marketing and Visual Merchandise Company
VSBLTY’s inclusion in Retailigent Media’s exhibit will allow the company to showcase its technology to the ever-growing AI market in Latin America, which is expected to increase from $153 million USD in 2018 to $2 billion USD by 2025.
What’s more, EXPOPUBLICITAS is held in Mexico, which is leading the AI movement in Latin America as the first country in the region to publicly announce a national AI strategy.
Partnering with Retailigent Media will offer VSBLTY a top spot in this new market thanks to Retailigent’s extensive industry experience and impressive roster of clientele.
Retailigent Media is one of Latin America’s premier marketing and visual merchandising companies. The company boasts over 20 years of experience providing advertising and marketing insights some of the world’s leading brands like Coca-Cola, Pepsi, AT&T, Microsoft, Converse, Colgate, P&G, and FedEx.
Retailigent prides itself on being a pioneer on the digital display proactive in Latin America and is welcoming the opportunity to expose its clientele to VSBLTY’s industry-leading VisionCaptor™, DataCaptor™, and VSBLTY Vector™ software. In fact, Retailigent has all of VSBLTY’s software solutions displayed across its website.
VSBLTY Increasing its Presence in Latin America and Beyond
Apart from gaining exposure to the Latin American AI market through Retailigent, VSBLTY also formed another two international partnerships with Milan-based Atlas International and Onyx-Cognivas Pty, which is based in Johannesburg, South Africa.
This synergetic partnership with Atlas International will help VSBLTY gain distribution in Italy and beyond, while its relationship with Onyx-Cognivas Pty will offer exposure to South Africa and Australia.
At the same time, VSBLTY gained significant exposure to the Europe market when it showcased its software at the Integrated Systems Europe (ISE) Expo 2019, the largest international exhibition for AV and systems integration professionals.
The ISE Expo 2019 was held in Amsterdam and attracted over 80,000 professionals from February 11 to February 14, 2019.
At the ISE Expo, VSBLTY unveiled an elevator video wall (Gateway “magic mirror” by LU-VE Group) that was designed for hotels, office and residential buildings. The technology can transmit photos, videos, and advertising as well as building information and announcements. What’s more, its touchscreen technology allows elevator passengers to communicate with the outside world in the event of an emergency.
VSBLTY also showcased a retail cabinet with shelves that feature interactive video screens to engage and inform customers. The display is ideal for promoting products, educating customers, relieving the dependency on retail staff and featuring in-store promotions.
Despite all of the positive news coming from VSBLTY since it began trading on the CSE, the company’s stock hasn’t seen any significant increases in price. Trading at an average volume of 191,840, VSBY stock hit a high of $0.72 CAD in March and a low of $0.46 CAD in April. By 2 pm EST Thursday, VSBLTY share price was sitting at $0.50 CAD.
Investors will be keen to see how VSBLTY’s software is received by the Latin American market and how these international partnerships will help the company increase its brand awareness and client base.
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