Artificial Intelligence (AI) and machine learning (ML) are disrupting every major industry in 2019 and companies like VSBLTY Groupe Technologies Corp. (CSE:VSBY) (OTCPK:VSBGF) (FRA: 5VS) are leading the charge.
Although AI has been around for over 50 years, it is only recently that this technology began revolutionizing industries like law, health care, retail, security, journalism, manufacturing, supply chain management, and education. From informing better decision-making to streamlining operations, AI and ML have the potential to completely transform everyday life.
At the forefront of this push is VSBLTY, a leading retail software and technology company that has been transforming the digital landscape through FacialAnalytics™, Interactive Touch, and Advanced Object Recognition. VSBLTY is using its disruptive AI and ML technology for enhancing retail experiences for consumers as well as increasing security for transit hubs, stadiums, schools, and beyond.
VSBLTY’s software has already been deployed in retail locations for a number of prominent brands like Kraft/Heinz, Colgate, Walmart, and Heineken. It has also secured strategic partnerships with LG, Intel, Cisco, and Peerless and was featured at the Mercedes Benz Stadium in Atlanta, Georgia.
On Thursday, VSBLTY co-founder and CEO Jay Hutton provided investors with an update on the company’s AI and ML implementation, highlighting key commercial contracts and strategic partnerships.
VSBLTY: Enhancing Retail Experiences Across the Globe
VSBLTY continues to create strategic relationships to showcase its leading-edge software to different markets around the world.
In May, VSBLTY signed a partnership with Onyx-Glass to extend its software services to major international beverage companies across two continents. In Thursday’s update, Hutton announced that the company signed its first large deployment using vending machines in South Africa, which will replace Intel’s (NASDAQ:INTC) discontinued AIM software suite.
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VSBLTY’s technology will provide an in-depth look at vending machine traffic and offer insights on the demographic makeup of shoppers including age, gender, and audience measurements including content touches, traffic counts, and dwell time by location and day-parts.
The company also gained access to the European market through an international partnership with Milan, Italy-based Atlas International. Altas is a full-service provider of innovative solutions that specializes in business and technology integration across a wide range of channels.
VSBLTY had a chance to increase 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, which attracted over 80,000 professionals from February 11 to February 14, 2019.
VSBLTY shared its technology with the Latin American market recently as well when it showcased its AI and ML technology at EXPOPUBLICITAS, the largest advertising and marketing trade show in Latin America.
VSBLTY technology has been deployed and is producing revenue in conjunction with a large, world-class point of purchase (POP) display manufacturer that works on behalf of numerous Fortune 50 consumer packaged goods (CPG) companies. What’s more, it is in the final stages of signing a partnership with the largest in-store media sales company in Canada and the US to provide speed-to-market that will allow VSBLTY solutions to be sold as a media network purchase.
If that isn’t enough, the company is on the fast track to complete an OEM and global supply and cooperation agreement with one of the world’s most prominent international retail services companies.
VSBLTY: Providing Innovative Security Solutions
Apart from enhancing consumer retail experiences, VSBLTY is also focused on providing innovative security solutions through its VSBLTY Vector™ software.
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The company recently partnered with full-service technology company CIC Technology to cross-license and integrate new innovative technologies in order to provide frictionless access control and security solutions. CIC will license certain elements of the VSBLTY Vector and DataCaptor™ solutions to enhance the abilities of its own layered security suite.
This new security software suite will be focused on providing comprehensive turnkey security and employee authentication solutions and delivering critical operational analytics to protect front and back of house access to transportation hubs, public venues, stadiums, schools, and houses of worship.
VSBLTY had the chance to showcase its security capabilities to a massive audience recently at Cisco Live in San Diego where it demonstrated VSBLTY Vector software in a weapons detection use case. Cisco Live is Cisco’s world-renowned annual customer and partner conference that brings together 28,000 of Cisco’s top customer and partner executives and IT professionals who are seeking solutions to build the foundation for digital transformation.
It is evident that VSBLTY is maintaining its leadership position in delivering AI and ML solutions for retail and security and continues to help its clients drive innovation and ROI.
Investors who are interested in AI and ML technology should definitely consider adding VSBLTY to their portfolio.
Featured Image: VSBLTY
