Special Edition of The #AIEye - CEO of VSBLTY Groupe
Technologies Corp. (CSE: $VSBY.C) (OTC: $VSBGF) Discusses Selection as a
Preferred Vendor for Seneca Labs, division of Arrow Electronics (NYSE: $ARW)
Point Roberts WA, Delta BC, September 16, 2019
Investorideas.com,
a global investor news source covering Artificial Intelligence issues a special
edition of The
AI Eye, reporting on recent news from VSBLTY Groupe Technologies
Corp. (CSE:VSBY) (OTC: VSBGF) (5VS.F), a leading retail software
and technology company using artificial intelligence.
VSBLTY Groupe Technologies Corp.’s (CSE:VSBY) (OTC: VSBGF) (5VS.F), recent selection as a
preferred vendor for Seneca Labs’ visual media products solutions is a
game-changer, according to the former’s CEO and co-founder, Jay Hutton.
Listen
to the podcast:
Read
this in full at https://www.investorideas.com/news/2019/artificial-intelligence/09161AIEye-VSBY-VSBGF-ARW.asp
In an interview with Investorideas.com,
Hutton broke down VSBLTY’s relationship with Seneca Labs, a division of Arrow
Electronics, Inc. (NYSE:ARW), specifically the
latter’s first-of-its-kind integration software, named Maestro. According to
the recently announced press release, “Maestro
comes preloaded on digital media players, which can be ordered complete with
CMS [content management solutions] and/or with software analytics that provide
audience measurement”. Hutton explained that the impetus for Maestro was to
remove roadblocks for customers who typically have had to assemble their
processor in parts.
“Instead of just selling the Lego blocks –
the principal building blocks of digital signage [like] screens and processors
– now, really for the first time, they’ve decided to launch this program called
Maestro,” he said. “And Maestro’s objective is to offer solutions as opposed to
piece parts; instead of building the Lego blocks, how about the entire Lego
model?”
Part of this convenience, according to
Hutton is the inclusion of software in the solution.
“These guys ship several hundreds of
thousands of these processors per year and what they told us as they were
preparing to build this program, is that most of the time when they ship a
processor, it doesn’t have a software load on it,” he said. “So they felt that
this was an opportunity to ease the process of procurement and provide
customers options that are already loaded onto the machine when it arrives at
the customer’s dock.”
It’s probably clear enough why this
convenience appeals to customers, but Hutton said it benefits both buyer and
seller.
“For Seneca, the idea of including these
components is a streamlining of procurement,” he said. “So, anything that
streamlines or makes the whole procurement process more efficient yields more
revenue and sales and that’s what’s in it for Seneca. What’s in it for us is,
we don’t have to touch the procurement process at all.”
VSBLTY’s relationship with Seneca Labs is
not new. Hutton explains that the company’s selection as a preferred vendor was
gradual and hard-won.
“We’ve been working with them for probably
four years,” he said. “It started initially pretty modest. Over time, we’ve
developed a reputation with them that we do what we say we’re going to do, and
the product performs extremely well.”
Hutton pointed out that VSBLTY is the only
company that is providing CMS and analytics for Seneca.
“We are among three vendors that are doing
that with them for our content management solutions and our audience analytics
or computer vision solution,” he said. “We are, interestingly enough, the only
vendor that is doing both for them.”
“Content management solutions are well
known and understood and we’re one of the key and leading players in that
category. So, we’re one of a few vendors
that are pre-loading our software on all the units they ship. The aggressive
part is audience analytics. That’s the software that is using computer vision
and camera technology to report on and provide reporting of audience. That is
the aggressive part, because that is a little known but exploding category.”
As the press release indicates, however,
the digital signage market as a whole is growing rapidly, with projections that
it’s anticipated to reach $31.71 billion USD by 2025, and even Hutton admits
that the CMS field appears crowded from afar. But what separates VSBLTY from
the rest of the pack, Hutton says is the computer vision’s relationship with
the CMS.
“The idea here is that the content
management system is informed and triggered by the context delivered to it by
the computer vision,” he said. “That makes us unique. And that is where the
industry is going, frankly.”
“For VSBLTY the big benefit of this
relationship is that we provide solutions both in the content management
category and in the audience analytics category. For us, to combine the two
under one umbrella is a perfect application for us.”
For
a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
About Investorideas.com -
News that Inspires Big Investing Ideas Investorideas.com
is a recognized news source publishing third party news and press releases plus
we create original financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto
Corner and Podcast, Play by Play sports and stock
news column, Investor
Ideas #Potcasts #Cannabis News and
Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the AI Eye Podcast
and column covering developments in AI.
The Investorideas.com
podcasts are also available on iTunes,
Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play
Music.
Visit
the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a
digital publisher of third party sourced news, articles and equity research as
well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. Contact management and IR of each company directly regarding
specific questions.
For disclosure purposes this podcast featuring VSBLTY
Groupe Technologies Corp is a paid for service on Investorideas.com and part of their
monthly services. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp
and
https://www.investorideas.com/About/News/Clientspecifics.asp
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn
more about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global investors must adhere to regulations of each
country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
The AI Eye- Watching
stock news, deal tracker and advancements in artificial intelligence is
an original content brand of Investorideas.com
Contact
Investorideas.com
800 665 0411
No comments:
Post a Comment