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Revolutionizing Retail: VSBLTY’s Strategic Alignment with Growing AI Trends

Posted by Brittany McNabb at 11:25 AM on Wednesday, January 10th, 2024

In a landscape where consumer expectations are evolving at an unprecedented pace, a recent global study by the IBM Institute for Business Value reveals that 80% of consumers are signalling interest in AI-driven shopping. As the retail sector grapples with a widening gap between consumer demands and current offerings, this presents a compelling opportunity for innovative companies to lead the charge in transforming the industry. One such trailblazer is VSBLTY Groupe Technologies Corp.

Industry Outlook and VSBLTY’s Trajectory

Amidst the dissatisfaction expressed by consumers with both in-store (9% satisfaction) and online (14% satisfaction) shopping experiences, the study emphasizes the critical role technology can play in enhancing the overall retail landscape. VSBLTY, known for its cutting-edge AI solutions, stands at the forefront of this revolution.

VSBLTY’s commitment to reshaping customer experiences aligns seamlessly with the study’s findings, where over half of consumers express eagerness for AI enhancements such as virtual assistants (55%) and AI applications (59%). This convergence highlights a perfect storm of market demand and VSBLTY’s strategic positioning.

Voices of Authority

Industry leaders, echoing the sentiment of consumers seeking more from their retail experiences, emphasize the need for retailers to integrate AI technologies. Luq Niazi, the global managing director at IBM, underscores the opportunity for retailers to meet changing consumer demands through innovation. This resonates with VSBLTY’s vision, positioning the company as a key player in fulfilling this consumer-driven demand for enhanced shopping experiences.

VSBLTY’s Highlights

  • Foresight through Acquisition: VSBLTY’s recent acquisition of Shelf Nine, propelling the company into the digital advertising arena, showcases a forward-thinking approach. The estimated $38 million in revenue over the next 36 months underscores the strategic foresight embedded in this move.
  • Co-Developing the Future: VSBLTY’s $500,000 purchase order to co-develop AI-driven retail Point-of-Sale solutions exemplifies the company’s commitment to shaping the retail transaction experience.
  • Industry Recognition: As AI in retail is poised to reach $46 billion by 2032, VSBLTY’s VisionCaptor™ and DataCaptor™ software lead the charge in enhanced customer engagement and audience measurement.
  • Strategic Collaborations: Partnerships with industry giants like Intel, WPP, AB InBev, Al Jabir Group, and Winkel Media amplify VSBLTY’s reach, solidifying its position as an industry leader.
  • Future-Proofing through Innovation: VSBLTY’s Vector™ software, addressing contemporary security requirements with enhanced facial and weapons recognition, anticipates a $52.45 billion AI-driven revolution by 2030.

Real-world Relevance

Imagine a retail landscape where the physical and digital seamlessly intertwine, creating an immersive shopping experience. VSBLTY’s AI-driven solutions, celebrated for enhancing customer engagement and security, are the driving force behind such a transformation. In a world where consumer dissatisfaction with current AI offerings exists (only about one-third of virtual assistant users are satisfied), VSBLTY’s commitment to innovation positions it as a beacon of transformative change, addressing the gap between expectation and reality.

Looking Ahead with VSBLTY

As the retail industry pivots towards a hyper-personalized future, VSBLTY stands as a torchbearer of innovation. With the advent of augmented reality, metaverse exploration, and a growing focus on circular economies, VSBLTY aligns its goals with the evolving expectations of consumers. The company’s commitment to privacy, sustainable practices, and delivering a tailored shopping experience positions it as a frontrunner in the dynamic landscape of modern retail.

Conclusion

In a landscape of evolving consumer demands and technological possibilities, VSBLTY emerges as a beacon of transformative change. Its strategic acquisitions, innovative solutions, and industry partnerships not only mirror the positive trends outlined for the retail sector but also elevate the company to a position of influence. As the retail industry navigates uncertainties, VSBLTY is seamlessly blending innovation and industry foresight to shape the future of retail.

Source: https://consumergoods.com/ibm-study-80-consumers-signal-interest-ai-driven-shopping

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VSBLTY’s Third Quarter: Navigating Challenges, Charting a Profitable Course

Posted by Brittany McNabb at 10:23 AM on Thursday, November 30th, 2023

 

VSBLTY Groupe Technologies Corp. (OTC:VSBGF) (CSE:VSBY) (Frankfurt 5VS) (“VSBLTY”), a trailblazing AI-driven security and retail analytics technology provider, has disclosed its financial performance for the third quarter of 2023. In the midst of challenges, the company remains strategically positioned for future success.

Background and Context

VSBLTY, recognized for its innovative AI solutions, has encountered a revenue dip in Q3 2023, primarily attributed to the Chapter 11 filing of Mountain Express Oil in Q1. The figures do not encompass SaaS revenue related to Winkel under IFRS 15.

Key Highlights and Advantages

Despite the revenue setback, there’s a notable decrease in the operating loss from $2.9 million in Q3 2022 to $2.4 million in Q3 2023. Factors contributing to this improvement include debt recovery, staff reduction, and minimized share-based payments.

Potential Impact and Significance

VSBLTY’s Co-founder & CEO, Jay Hutton, acknowledges the anticipated Q3 revenue challenge but expresses optimism for Q4. The recent Shelf Nine acquisition, effective November 1, is poised to significantly impact revenue. Hutton maintains confidence in achieving profitability by the first half of 2024.

Expert Opinions and Analysis

Hutton emphasizes the commitment to executing key rollout opportunities, especially with the surge in retailer adoption of in-store digital media networks. The strategic restructuring of Winkel Media and the recent Shelf Nine acquisition position VSBLTY for renewed growth and profitability.

Challenges and Considerations

The challenges posed by the Mountain Express Oil situation have been a significant hurdle. However, the proactive measures, including staff reduction and debt recovery, demonstrate the company’s resilience and adaptability.

Conclusion

In the face of Q3 challenges, VSBLTY is resolute in its pursuit of profitability, backed by strategic acquisitions and a focus on execution. The company’s Q4 performance is expected to reflect the full impact of the Shelf Nine acquisition. The upcoming Earnings Call on November 30, 2023, provides an opportunity for investors to gain deeper insights into the company’s trajectory.

Earnings Call Details: Nov 30th, 2023, 10:00 AM Eastern Time (US and Canada)

Topic: VSBLTY Technologies Earnings Call

Register in advance for this webinar: Webinar Registration

View original release: https://www.stockwatch.com/News/Item/Z-C!VSBY-3487975/C/VSBY

VSBLTY Pioneers Retail Media Transformation with Shelf Nine Acquisition

Posted by Brittany McNabb at 8:44 AM on Wednesday, October 25th, 2023

 

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), the leading AI software provider in security and retail analytics, has officially inked a definitive agreement to acquire Shelf Nine LLC, an industry trailblazer in retail media networks. This strategic move propels VSBLTY into the forefront of the digital advertising landscape.

Shelf Nine’s retail media network boasts over 4500 screens, strategically positioned throughout the USA, revolutionizing in-store advertising. By seamlessly integrating loyalty apps, websites, and interactive digital displays, this network provides a comprehensive digital channel for brands and retailers. VSBLTY’s proprietary software delivers groundbreaking, computer vision-driven data analytics, offering unparalleled insights into customer behavior.

“This acquisition firmly cements VSBLTY not only as a world leading innovative software company, but as a leading-edge digital media company as well,” stated VSBLTY Co-founder & CEO Jay Hutton. “Our media offering is unlike any other traditional ‘Out of Home’ awareness product. Using our anonymous customer analytics software, we can not only confirm impressions, but we can state, who, when, where and for how long the advertisement was viewed.”

Under the terms of the Purchase Agreement, VSBLTY will issue 12,500,000 Shares to Shelf Nine’s owners, valued at US$500,000. An additional 1,250,000 Shares will be held in escrow for 15 months post-closing. Shelf Nine’s sellers are eligible to earn up to an extra US$3,890,000 worth of shares contingent upon achieving predefined revenue milestones over three years, commencing July 2023.

Key Shelf Nine personnel have committed to continue their employment and are eligible for performance incentives, further aligning their interests with the success of the acquisition. This strategic move fortifies VSBLTY’s position in North America, solidifying its commitment to innovation and transformative solutions in retail media.

Mike Manion, CEO of Shelf Nine, highlighted the synergies of this merger, emphasizing the unique value proposition offered by the combined entity. “With our digital media network of 4500 screens starting to generate revenue and the enhanced capabilities of VSBLTY’s latest analytics software offerings, we truly have a media product that is unique in the market.”

The Transaction, slated for completion by the end of October 2023, is subject to standard conditions and regulatory approvals. All issued Shares will adhere to applicable securities laws, with a four-month resale restriction from issuance.

Shelf Nine leads the charge in providing brands and retailers with targeted customer communications at the point of purchase through its premier digital media and content network. By establishing a retail ad network, Shelf Nine empowers store owners with increased ad revenue, enhanced content control, and integrated marketing capabilities. Advertisers are capitalizing on digital platforms that engage consumers during their shopping journey, making the 1:1 retail environment an optimal setting for targeted communication. Digital content in-store not only maximizes ad impressions but also elevates the shopper experience, leading to higher basket rings for retailers.

View Original Release: https://www.prnewswire.com/news-releases/vsblty-enters-definitive-agreement-to-acquire-shelf-nine-301966785.html

VSBLTY Revolutionizes NBA Season with Digital Cooler Screen Technology

Posted by Brittany McNabb at 8:53 AM on Tuesday, October 24th, 2023

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), the eminent AI-driven security and retail analytics technology provider, is set to unveil its cutting-edge digital cooler screen technology at a major sports and entertainment arena for the upcoming NBA season.

VSBLTY’s Co-founder & CEO, Jay Hutton, expressed his elation at the continued adoption of this technology by globally acclaimed beverage brands. Demonstrating outstanding performance, this technology has led soft drink bottlers and retailers to witness an impressive 100% surge in cases sold through VSBLTY’s digital cooler screens.

This deployment represents a significant milestone for VSBLTY, solidifying its reputation as the preeminent turnkey solution provider for brands looking to leverage this highly effective point-of-sale advertising platform.

The proprietary digital panels, seamlessly integrated into cooler doors, offer dynamic, computer vision-driven graphics designed to captivate shoppers. Real-time shopper analytics provide invaluable insights for both brands and retailers, all while ensuring complete viewer anonymity. The screens boast a patented feature allowing brand messages to be displayed in opaque, translucent, and crucially, transparent screen mode, ensuring visibility of the cooler’s contents.

This innovative approach, preferred by brands and retailers, surpasses other contentious applications that are being phased out by major retailers. Brands are now capitalizing on the opportunity to incorporate these digital coolers into a comprehensive, monthly service-as-a-fee model.

Headquartered in Philadelphia, VSBLTY leads the global landscape in Artificial Intelligence and real-time CCTV interpretation. Their technology leverages facial recognition, age, gender, and other matrices to deliver customized, real-time ads, enhancing retail brand visibility and driving sales. Additionally, the company plays a pivotal role in the burgeoning “Store as a Medium” movement, providing brands with a platform to connect with customers at the point of purchase, creating a new revenue stream for retailers.

In the realm of security, VSBLTY’s proprietary AI software offers a suite of products encompassing facial and weapon recognition, transforming traditional CCTV systems into proactive early warning security solutions, potentially saving lives.

View Original Release: :https://www.prnewswire.com/news-releases/vsbltys-advanced-digital-cooler-screen-technology-to-deploy-at-major-sports–entertainment-arena-for-nba-season-301965527.html

VSBLTY $VSBY.ca $VSBGF & RADARAPP DEPLOY WORLD’S FIRST WIFI6-BASED SURVEILLANCE NETWORK IN MEXICO CITY $MARK $AT

Posted by AGORACOM at 9:42 AM on Tuesday, April 13th, 2021
VSBLTY
  • Working with Intel, Ability Enterprise Co., Ltd. & Sky Packets, Intelligent Cameras Deployed to Provide Security, Crime Prevention in Benito Juarez

Philadelphia, PA, April 13, 2021 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt 5VS) (OTC: VSBGF) (“VSBLTY”), a leading software provider of security and retail analytics technology, and RADARApp, a Smart City Solutions provider, today jointly announced deployment of the world’s first WiFi6-based surveillance network utilizing intelligent cameras in Benito Juarez, a borough of Mexico City.

Working with Intel, Ability Enterprise Co., Ltd. and Sky Packets, intelligent cameras are being installed in public spaces to provide detailed automated analytics to local law enforcement. Intel is America’s leading multinational technology company. Ability Enterprise Co., Ltd. provides best-in-class ODM/OEM solutions for input digital imaging devices. Sky Packets is a prominent New York City-based developer of WiFi Mesh networks and Smart City applications.

The network, designed through a cooperative effort with Intel, provides information in real time that includes car measurement and classification, pedestrian measurement including bicycle classification, traffic measurement, dwell time measurement and immediate license plate recognition.

The intelligence inference logic is running on the Ability camera and, in some cases, on both local compute and the Ability camera. The infrastructure program includes outdoor mounted smart cameras, high intensity lighting, motion sensors and audible alarms. The intelligent cameras also provide real time video analytics for crowd behavior and alerting systems that enable direct local uniformed police response as appropriate.

In addition to performing critical law enforcement and real time crime prevention functions to help keep residents safe, the data collected will enable cities to optimize vehicle traffic and pedestrian design.

Read More: https://agoracom.com/ir/VsbltyGroupeTechnologies/forums/discussion/topics/758950-vsblty-radarapp-deploy-world-s-first-wifi6-based-surveillance-network-in-mexico-city/messages/2311731#message

VSBLTY $VSBY.ca $VSBGF, GRUPO MODELO & RETAILIGENT FORMALIZE AGREEMENT TO JOINTLY CREATE INTERNATIONAL DIGITAL IN-STORE MEDIA NETWORK $MARK $AT

Posted by AGORACOM at 9:14 AM on Monday, March 15th, 2021
VSBLTY
  • Network to Provide Real Time Customer Analytics, Security & Sensor Integration in Up to 50,000 Modelorama Stores & Independent Neighborhood Bodegas in Latin America

Philadelphia, PA, March 15, 2021 (– VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) (“VSBLTY”), a leading software provider of security and retail analytics technology, along with Mexico’s Grupo Modelo (“Modelo”) (part of the AB InBev family of companies) and Retailigent Media have formalized an agreement (the “Agreement”) to enter into a joint venture by the end of Q2 to install and manage an international in-store media network of up to 50,000 Modelorama stores and independent neighborhood bodegasin Mexico and across Latin America by the end of 2024, it was announced today. Active deploymentis already underway in Mexico, Colombia, Peru, and Ecuador with 5000 locations to be installed by the end of 2021.

In addition to being an international advertising network, it will provide real-time security for store owners, powered by artificial intelligence, as well as integration of store traffic and customer demographics with sales and critical operations-related data to help stores optimize their business.

VSBLTY Co-founder & CEO Jay Hutton said, “The deployments are already underway in Mexico, Colombia, Peru, and Ecuador and we have started contracting media time to consumer-packaged goods brands to advertise to Latin American shoppers right at point-of-sale where buying decisions are made. VSBLTY will be supplying its proprietary software for analytics, security, and visual display,” Hutton said. 

Read More: https://agoracom.com/ir/VsbltyGroupeTechnologies/forums/discussion/topics/757302-vsblty-grupo-modelo-retailigent-formalize-agreement-to-jointly-create-international-digital-in-store-media-network

VIDEO – VSBLTY Groupe $VSBY.ca $VSBGF Is Ramping Up in the Digital Display Space, with Three Major Deals in the Past Two Weeks $MARK $AT

Posted by AGORACOM-JC at 8:00 PM on Sunday, February 21st, 2021

Earlier this month we told you about VSBLTY Groupe Technologies (VSBY:CSE) (VSBGF:US), a disruptive computer vision software company that is using A.I. and Machine Learning to transform the retail and security industries. 

  • $VSBY Teaches Computers How to Interpret Surroundings. For example, detecting anomalies better than any human ever can
  • $VSBY Then Delivers the Context of Their Surroundings via Alerts, so that humans can make decisions and act on then faster than ever possible
  • $VSBY technology serves the dual function of both monitoring (i.e. a stadium, a store) and marketing (serving ads based on real-time demographics)

Since that first video, VSBLTY has issued three separate, major news releases:

  • On Feb 4, it partnered with 911inform on a deal to improve emergency response, safety & security in schools, hospitals & offices
  • On Feb 9, it unveiled a partnership with Ability Enterprise Co., which will see cutting-edge cameras integrated into a new media network of up to 10,000 convenience stores in Latin America.
  • On Feb 16, it penned a partnership with EOS Linx to provide a solar-powered security solution utilizing ai-driven proprietary software.

We sat down with Jay Hutton, VSBLTY’s co-founder, CEO and President, to break down the firm’s rapid expansion:

VSBLTY $VSBY.ca $VSBGF AND EOS LINX PARTNER TO PROVIDE A SOLAR-POWERED SECURITY SOLUTION UTILIZING AI-DRIVEN SECURITY SOFTWARE $MARK $AT

Posted by AGORACOM at 9:37 AM on Tuesday, February 16th, 2021
  • The partnership “will greatly expand our range of deployment locations,” VSBLTY says.
  • VSBLTY’s state-of-the-art proprietary software will sound a loud audio warning to any intruders and send immediate alerts to company security
  • $VSBY will be providing its security solutions at solar farms installed by EOS’ affiliate, REA

Philadelphia, PA, Feb. 16, 2021 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt 5VS) (OTC: VSBGF) (“VSBLTY”), a leading provider of security and retail marketing technology, is partnering with EOS Linx to provide solar-powered security solutions at its deployments in the U.S. and Territories with the installation of VSBLTY’s AI-driven Vector™ software.

The state-of-the-art proprietary software, which includes facial detection of persons of interest, will sound a loud audio warning to any intruders, identify known subjects and send immediate alerts to company security and local law enforcement.

VSBLTY has a strong presence in retail and other venues, including “Smart City” type deployments. The firm’s industry-leading VisionCaptor™ and DataCaptor™ software combine motion graphics and interactive brand messaging with cutting-edge computer vision analytics.

Commenting on the new contract, VSBLTY Co-founder & CEO Jay Hutton said, “We are particularly excited to partner with EOS because providing best in class security through EOS’ solar-powered platforms will greatly expand our range of deployment locations.”

Hutton further indicated, “Our partnership with EOS will also open the door to a new and expanding industry for our firm as we will be providing our security solutions at solar farms installed by EOS’ affiliate, REA [Renewable Energy Alternatives].”

Read More: https://agoracom.com/ir/VsbltyGroupeTechnologies/forums/discussion/topics/755395-vsblty-and-eos-linx-partner-to-provide-a-solar-powered-security-solution-utilizing-ai-driven-security-software/messages/2303795#message

VSBLTY $VSBY.ca $VSBGF & ABILITY ENTERPRISE CO. ANNOUNCE SOLUTION TO RUN DIRECTLY ON STATE-OF-THE-ART, AI-ENABLED CAMERA $AT $MARK

Posted by AGORACOM at 10:20 AM on Tuesday, February 9th, 2021
  • The new Ability camera, which can be used in retail and “Smart City” applications, is able to integrate multiple Intel algorithms
  • Production units are being integrated immediately into the RadarApp “Smart City” neighbourhood program in Mexico City.
  • The cameras include VSBLTY’s AI-driven Vector™ software, which provides retailers with enhanced audience measurement

Philadelphia, PA, Feb. 09, 2021 — VSBLTY Groupe Technologies Corp. (CSE:VSBY) (Frankfurt 5VS) (OTC: VSBGF) (“VSBLTY”), a leading provider of security and retail marketing technology, and Taiwan-based Ability Enterprise Co., Ltd. co-developed a first-of-its-kind high resolution camera with self-contained inference logic, it was announced today.

Ability has been providing best-in-class ODM/OEM solutions for input digital imaging devices since its founding in 1965.

The new Ability camera, which can be used in retail and “Smart City” applications, is the first to be developed and deployed that is able to integrate multiple Intel algorithms to run simultaneously directly on the edge. Production units are being integrated immediately into the RadarApp “Smart City” neighbourhood program that is having continuing success in Mexico City.

Plans also call for the cutting-edge cameras to be part of a new media network made up of some 10,000 convenience stores to be developed in Mexico, Central and South America in 2021.

Developed utilizing Myriad™X in conjunction with Intel’s OpenVINO™ toolkit, which optimizes pre-trained deep learning models, the new Ability cameras include VSBLTY’s AI-driven Vector™ software that provides retailers with enhanced customer engagement and audience measurement, including people counts, audience demographics, dwell time and density, as well as Planogram compliance and inventory management. Its industry-leading VisionCaptor™ and DataCaptor™ software combine dynamic graphics and interactive content with the most advanced computer vision analytics and insights.

Read More: https://agoracom.com/ir/VsbltyGroupeTechnologies/forums/discussion/topics/754959-vsblty-ability-enterprise-co-announce-solution-to-run-directly-on-state-of-the-art-ai-enabled-camera/messages/2302797#message

VSBLTY $VSBY.ca $VSBGF PARTNERS WITH 911INFORM TO IMPROVE EMERGENCY RESPONSE, SAFETY & SECURITY IN SCHOOLS, HOSPITALS & OFFICES $AT $MARK

Posted by AGORACOM at 10:59 AM on Thursday, February 4th, 2021
  • 911inform is an emergency management solution
  • It provides first responders with real-time situational awareness and pinpoint location data during an emergency
  • The partnership will provide tighter safety and security measures for schools, universities and campuses

VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt 5VS) (OTC: VSBGF) (“VSBLTY”), a leading provider of security and retail marketing technology, is partnering with 911inform to provide tighter safety and security measures for schools, universities and campus environments.

911inform is an emergency management solution that provides first responders and on-site personnel with real-time situational awareness and pinpoint location data during an emergency. 911inform provides detailed maps and visuals of the affected area and gives authorities bidirectional communication and control of doors, cameras, phones, HVAC, fire and alarm systems, intercom, strobes and other IOT premised-based technologies.

What is unique about the 911inform-VSBLTY solution is that the combined technology provides important information that schools do not currently have and are needed on a daily basis, according to VSBLTY Co-founder & CEO Jay Hutton.

“We are integrating our Vector™ software into the 911inform platform that will be highly useful to schools even in non-emergency situations by improving efficiencies daily,” Hutton added.

Read More: https://agoracom.com/ir/VsbltyGroupeTechnologies/forums/discussion/topics/754640-vsblty-partners-with-911inform-to-improve-emergency-response-safety-security-in-schools-hospitals-offices/messages/2301976#message