VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading AI software provider of security and retail analytics technology, is developing in tandem with two global partners, a retail test program that will enable specific product recognition and point-of-sale purchase validation, provide enhancements to inventory controls, and drive more insightful and timely analytics and reporting. The first phase of the collaboration, funded in part by VSBLTY’s partners, is being developed in neighborhood bodegas in Mexico City and will be completed by Q1 2024.
“This exciting project is the first step in a long-term alliance that will not only dramatically improve product control and upgrade how retail is managed but will also enable brands to evaluate in-store advertising messages,” according to VSBLTY Co-founder & CEO Jay Hutton. “Using VSBLTY’s suite of computer vision software, we can create solutions to recognize any kind of product, automatically validate sales, and build anonymized analytics that will enlighten retail management and directly link media views in retail with improvements in impulse purchases.”
