VSBY:CC - VSBLTY Completes Trial of AI-Driven Retail POS Solutions with one of the Worlds Largest Brewers
(TheNewswire)
Test ModelCompleted Utilizing VSBLTY Advanced Object Recognition Software
to ID Products & Validate Sales at Checkout with InventoryControl
Philadelphia, PA – TheNewswire- January 9 , 202 4 – VSBLTYGroupe Technologies Corp. (OTC:VSBGF) (CSE:VSBY) (Frankfurt:5VS)( “ VSBLTY ”), a leading AI software provider of security and retailanalytics technology, has expanded its Advanced Object Recognitionsoftware in conjunction with one of the world’s largest brewers tovalidate product recognition and inventory control at point-of-saleenabling even greater real-time analytics and reporting. The Initialdeployment in Mexico is being deployed this January.
The results from this pilot program will form the basisfor new AI driven technology that will change the retail landscapeglobally and provide a seamless customer interaction and an increasein sales at the point of sale.
“This project has been in the works for severalmonths and we are now installing the technology into stores and lookforward to receiving the data that will demonstrate the value of ourtechnology. The project will be funded by a major global brewery andthis investment provided demonstrates the industries continuedconfidence in VSBLTY’s AI software and the future of VSBLTY’sStore as a Medium, that BGC identifies as a $100B addressable market.
We aim to be able to help influence brands with productplacement in key markets with data from this pilot project.Additionally, Computer Vision will allow smaller retailers toimplement stronger inventory management in addition to more effectivemarketing programs that will ultimately drive sales.” according toVSBLTY Co-founder & CEO Jay Hutton.
Investor Relations
Harbor Access
Jonathan Paterson, 475-477-9401
Jonathan.Paterson@Harbor-Access.com
Graham Farrell, +1-416-842-9003
Graham.Farrell@Harbor - Access.com
CONTACT: Linda Rosanio,609-472-0877
About VSBLTY( http://vsblty.net/ )
Headquartered in Philadelphia, VSBLTY(OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF)( “ VSBLTY ”) is a world leader in AI enabled Computer Vision softwarefor retail analytics and smart cities security applications. VSBLTYsoftware makes cameras “smarter”, enabling them to interpret whatis on screen to either notify human monitors, or record anonymizeddata in retail providing invaluable “real time” analyticsin-store. By utilizing facial analytics, age and gender, VSBLTY’spro prietary technology caneffectively enhance retail brand engagement and measurement throughcustomized ads on in-store digital displays at point of purchase inreal time. This technology has proven to increase brand lift between25%-90% for some of the world’s most recognized brands. The firm isalso recognized for its role in the founding the “Store as aMedium” movement that enables brands to reach customers with paidmedia ads when and where buying decisions are being made whileproducing a new revenue stream for retailers. To see Store as a Mediumin action visit storeasamedium.com and download a breakthrough virtual metaverseexperience.
Sitting at the nexus of marketing andsecurity, and using itsproprietary AI software, VSBLTY has also developed a range of securityproducts that include not only facial recognition but weaponrecognition utilizing modern surveillance cameras and legacy CCTVcameras. VSBLTY has is an essential component in RADAR USA, aproactive security system rather than a reactive security system,providing early warning of threats that can save lives.
CONTACT: Linda Rosanio,609-472-0877
Copyright (c) 2024 TheNewswire - All rights reserved.