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Fobi AI: Revolutionizing Data Intelligence from Humble Beginnings

Posted by Brittany McNabb at 4:23 PM on Monday, July 8th, 2024

In an era where data is dubbed the “new oil,” Fobi AI stands at the forefront of the data intelligence revolution. The company’s journey, from its inception in Vancouver to becoming a global leader in AI-driven data analytics, is a testament to innovation, resilience, and strategic vision.

Humble Beginnings

Fobi AI started with a simple yet ambitious mission: to empower businesses by harnessing the potential of data. The company’s early focus was on developing real-time applications that could transform raw data into actionable insights, thereby enabling businesses to make informed decisions swiftly. This mission resonated with various industries, from retail and consumer packaged goods (CPG) to sports, entertainment, and beyond.

Early Successes and Strategic Growth

Fobi’s initial success came from its ability to deliver tangible value to its clients. The company’s platform quickly gained traction for its innovative approach to data aggregation and analysis. By providing businesses with detailed customer profiles based on demographics, purchase history, and spending patterns, Fobi enabled its clients to tailor their product development, marketing campaigns, and engagement initiatives effectively.

The company’s strategic growth was further bolstered by key partnerships with industry giants like TELUS and AWS. These alliances not only enhanced Fobi’s technological capabilities but also expanded its market reach. Additionally, Fobi’s collaboration with world-renowned equestrian riders demonstrated its versatility in applying data analytics across diverse fields.

Revolutionizing Data Intelligence

Fobi AI’s core strength lies in its ability to revolutionize how data is used to drive business decisions. The company’s platform offers fully automated analytics dashboards that provide real-time visibility into consumer preferences, purchase behavior, and market dynamics. This real-time insight is crucial for businesses looking to stay ahead of the competition in a rapidly evolving market landscape.

One of Fobi’s standout achievements is its Data Exchange platform. This tool enables businesses to unlock, leverage, and monetize their data, thereby optimizing portfolio management and improving operational efficiencies. By aggregating transactions and providing detailed insights into key market trends, Fobi’s Data Exchange offers unparalleled visibility into consumer behavior and market dynamics.

Global Reach and Impact

Fobi’s influence extends far beyond its Vancouver headquarters. With offices in five countries and mobile-first solutions used in over 150 countries, the company’s global footprint is impressive. To date, Fobi has issued over 100 million wallet passes, further underscoring its widespread adoption and impact.

The company’s participation in high-profile events like Asia Tech x Singapore (ATxSG) exemplifies its commitment to expanding its global reach. Selected to represent Canadian AI technology at this prestigious event, Fobi showcased its cutting-edge solutions on an international stage. This not only highlighted the company’s innovative capabilities but also reinforced its position as a leader in the AI and data intelligence space.

Notable Partnerships

Fobi’s strategic partnerships have played a significant role in its growth and success. Collaborations with industry leaders like TELUS and AWS have enhanced Fobi’s technological infrastructure, enabling the company to offer more robust and scalable solutions. Additionally, partnerships with organizations like the Oscars, NASDAQ, and NCAA have demonstrated Fobi’s ability to deliver value across various sectors.

A particularly notable partnership is Fobi’s collaboration with a world-renowned equestrian rider. This partnership aimed to enhance data analytics capabilities in the equestrian world, showcasing Fobi’s versatility and innovation in applying its technology to diverse fields.

The Road Ahead

Looking ahead, Fobi AI is poised for continued growth and innovation. The company remains committed to its mission of empowering businesses through data intelligence. As more industries recognize the value of data-driven decision-making, Fobi is well-positioned to lead the charge in this transformative era.

Fobi’s vision for the future is clear: to continue revolutionizing data intelligence, driving innovation, and expanding its global impact. With a solid foundation, strategic partnerships, and a relentless focus on innovation, Fobi AI is set to shape the future of data analytics and intelligence.

Conclusion

From its humble beginnings in Vancouver to its current status as a global leader, Fobi AI’s journey is a remarkable story of innovation and success. By revolutionizing how data is used to drive business decisions, Fobi is not only empowering businesses but also setting new standards in the AI and data intelligence industry. As the company continues to expand its reach and impact, the future looks incredibly promising for Fobi AI and its stakeholders.

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https://www.youtube.com/playlist?list=PLfL457LW0vdKRzZ61NXeYFyshLOXxNJO2

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Fobi AI Transforms Identification for South African Legal Practitioners

Posted by Aidi Munoz at 8:00 AM on Wednesday, October 4th, 2023

Fobi AI Inc., (FOBI:TSXV) (FOBIF:OTCQB) a leader in AI-driven digital transformation, announces a groundbreaking partnership with South African software agency Techfinity. Together, they’ve brought innovation to the Legal Practice Council (LPC) of South Africa. Fobi’s Passcreator technology has seamlessly replaced traditional plastic identification cards with digital credentials, revolutionizing identity verification for approximately 72,000 LPC practitioners.

This strategic collaboration addresses multiple pain points in the traditional identification process. Previously, applicants faced a lengthy, cumbersome journey that included submitting photographs, proof of identity, and manual payments. The waiting period for a plastic ID could span up to four weeks. Additionally, managing these IDs in real-time, tracking fraud, and updating details posed significant challenges.

With Fobi’s Passcreator, LPC practitioners can now apply for digital IDs via a custom web application. Real-time identity verification ensures rapid ID creation, reducing processing time to minutes. The platform also streamlines secure online payments. Furthermore, LPC gains the ability to void IDs, update pass details, issue real-time notifications, and automate renewals and expiries.

Herman Otto, Managing Director at Techfinity, highlights the project’s success: “Our work with LPC and Fobi has streamlined identity verification for legal practitioners, enhancing efficiency and cost-effectiveness.”

Rob Anson, CEO of Fobi AI, underscores the significance of digital credentials, marking a milestone for Passcreator. He states, “Our strategic partnership with Techfinity has delivered a state-of-the-art digital credential solution that can revolutionize identification systems across various industries.”

The LPC partnership not only showcases Fobi’s capabilities but also sets the stage for broader applications in government, healthcare, and union membership services. This innovative venture exemplifies Fobi’s commitment to digital transformation and secure access solutions.

Revolutionizing Event Experiences: Fobi AI’s Cutting-Edge Digital Wallet Technology Featured At PGA Tour Winner Adam Hadwin’s Charity Golf Tournament

Posted by Aidi Munoz at 4:04 PM on Wednesday, August 23rd, 2023

In the age of ubiquitous artificial intelligence, investors seek clarity among the multitude of contenders. Enter Fobi AI (FOBI:TSXV) (FOBIF:OTCQB), a trailblazer in the AI realm, making waves with a ground-breaking $10 million contract and record-breaking Q3 revenues. Their focus on digital wallet pass technology leverages AI to fuel real-time data analytics, driving instant customer engagement and activation in both online and physical spaces.

In this interview Rob Anson, CEO of Fobi AI, discusses pivotal developments in the company’s journey. In a world where deciphering winners from losers is paramount, Fobi AI’s achievements stand out. The $10 million five-year contract with BevWorks, partnerships with industry giants like Telus and Amazon Web Services, collaborations with prestigious events such as the Oscars and NASDAQ, and their cutting-edge digital wallet technology showcase their meteoric rise to global AI leadership.

Rob Anson provides insights into their latest private placement of up to $3 million, utilizing a unique LIFE (Listed Issuer Financing Exemption) structure, democratizing investment opportunities for non-accredited investors. He elucidates the strategic importance of shoring up their balance sheet, addressing both immediate challenges and long-term growth. Furthermore, the interview underscores the transformative power of Fobi AI technology in diverse sectors, spotlighting the success story with PGA Tour winner Adam Hadwin’s charity tournament and the potential ripple effect across other industries.

Join us for this engaging discussion as we uncover how Fobi AI is shaping the AI landscape and revolutionizing event experiences through its cutting-edge digital wallet technology. Learn how the company’s vision aligns with their strategic decisions and the exciting future they envision beyond 2023.

VIDEO – CEO’s $1 Million $FOBI Investment YTD Bolsters Confidence Following Remarkable Q3 Revenue and Q4 Outlook

Posted by AGORACOM-JC at 4:45 PM on Thursday, June 15th, 2023

Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) has released a mid-year corporate update highlighting several significant initiatives and achievements.

Insider Buying and Warrant Exercises: Fobi has received over $1 million in insider buying and $300,000 in recent warrant exercises, demonstrating strong shareholder confidence in the company’s growth strategies. CEO Rob Anson personally invested over $1 million in the company year-to-date.

Record Q3 Revenues and Guidance: Fobi reported record Q3 2023 revenues of $1,255,093, a 298% year-over-year increase and a 151% sequential increase. The company’s guidance for Q4 2023 indicates confidence in hitting revenue targets.

M&A Success and Growth: Fobi’s strategic M&A activities have contributed to its record revenue. The acquisition of Passworks and the appointment of Colby McKenzie as Chief Revenue Officer are expected to accelerate growth and drive further acquisitions in the second half of 2023.

Strengthening Senior Management Team: Fobi welcomed Jason Tong as the new CFO to support its expanding team and evolving business trajectory. David Nicholls, a former Anheuser-Busch InBev executive, joined as VP of Liquor Beverage, enhancing Fobi’s senior management team and liquor beverage strategy.

Largest Recorded Revenue Deal: Fobi signed a $10 million licensing agreement with BevWorks Brands, the company’s largest recorded revenue deal. Fobi’s technology solutions will support BevWorks’ growth strategy in consolidating independent beverage manufacturers.

Wallet Pass Success and Enterprise Opportunities: Fobi’s wallet pass technologies, particularly through its subsidiaries Passcreator and Passworks, have driven revenue growth. The company is expanding beyond its traditional DIY-focused platform and seeing increased interest from larger-scale enterprise customers.

Qples Achievements: Qples, a subsidiary of Fobi, has seen significant growth in providing in-store mobile advertising solutions and digital media solutions. The launch of AI-8112 Universal Digital Coupons and the increase in client growth have been notable milestones.

Global Brand Exposure: Fobi gained significant brand exposure during the RBC Canadian Open, thanks to an epic finish and “incident” involving Fobi partner Adam Hadwin.

Overall, the mid-year update highlights Fobi’s financial success, M&A activities, strategic appointments, and global brand exposure, showcasing the company’s progress and growth in the AI and digital transformation space.

Now sit back, relax and watch this powerful interview with $FOBI CEO Rob Anson.

 

VIDEO – Fobi AI To Acquire PassWallet, A Leading Android Wallet Pass Issuer With 6M+ Downloads

Posted by AGORACOM-JC at 4:32 PM on Thursday, October 7th, 2021
Fobi AI Inc.

FOBI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement in the brick and mortar space.  From that core technology they have built a technology stack on top of it that is second to none.

They have created multiple successful applications that, for the purposes of this interview, includes their venue management platform that has been deployed at multiple NCAA tournaments, a recent MGM Resorts Championship PGA Event in Las Vega and most recently signed a deal to bring their venue management solutions to the Canadian Hockey League, the world’s largest development hockey league with 9 Million Fan Visits in 2019.  

In this interview we discuss today’s news: Fobi Announces Acquisition of PassWallet, A Leading Android Wallet Pass Issuer With 6,000,000+ Downloads. Deal To Provide Near-Term and Long-Term Revenue Growth

How important is this acquisition? CEO Rob Anson says it best: 

“This represents a key achievement for Fobi and its shareholders. This acquisition of PassWallet positions Fobi as an up and coming leader in the digital wallet space. The company has made great strides this year and this key strategic development positions us extremely well, enabling us to leverage and monetize on a standard ARPU model (average revenue per user). With over 6 million downloads currently, management believes that by leveraging our artificial intelligence and data solutions as well as the integration of Fobi’s marketing power together with the global wallet pass growth rates, that this number will grow significantly in 2022. Coupled with further untapped opportunity and an addressable market of over 150 countries that are currently not serviced by Google Pay, management anticipates that with this acquisition Fobi is now well positioned to expand into the FinTech space.” 

Sit back and watch this powerful interview with CEO Rob Anson AND… Fobi SVP of Corporate Strategy & Corporate Development Richard Lee.

Kiaro, One Of Canada’s Largest Cannabis Retailers, To Leverage The Power Of Fobi Real-time Artificial Intelligence To Transform Their Approach To Cannabis Retail

Posted by AGORACOM-JC at 5:46 PM on Wednesday, September 29th, 2021
Kiaro holdings corp  kiaro completes kelowna cannabis retail loc

“I was blown away by FOBI “  ($KO CEO Daniel Petrov)

“Kiaro has built an amazing tech driven cannabis retail business”  ($FOBI CEO Rob Anson)

If you’re a shareholder of one of these companies, here is what you need to know about each that makes this technology partnership so powerful:

KIARO is one of Canada’s largest retailers of cannabis, with 16 locations and forecasted annual revenue of $42.7 million from these locations, at a gross profit of $13.7M with further growth anticipated.

FOBI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement in the brick and mortar space.  From that core technology they have built a technology stack on top of it that is second to none.

More than just talk, FOBI has completes Integrations with Lightspeed and Shopify to provide real-time Point of Sale data analytics.  Moreover, they recently announced another $250.000 Data Consulting Agreement with Azincourt Energy

TOGETHER they combined forces in this press release “Fobi Signs $240,000 Data Consulting Agreement With Kiaro Holdings, A National Cannabis Retailer With 16 Locations And Forecasted Annual Revenue Of $42.7 Million, To Assist With Development Of Data Warehouse”

How important is this agreement to each other’s success? 

Very. 

Watch this powerful interview with FOBI CEO, Rob Anson and Kiaro CEO Daniel Petrov to find out exactly.

VIDEO – Fobi Is A Global Leader in Providing Real-Time Data Analytics Through Artificial Intelligence to Drive Customer Activation and Engagement

Posted by AGORACOM-JC at 4:35 PM on Friday, September 24th, 2021
Fobi AI Inc.

FOBI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement in the brick and mortar space.  From that core technology they have built a technology stack on top of it that is second to none.

They have created multiple successful applications that, for the purposes of this interview, includes their venue management platform that has been deployed at multiple NCAA tournaments, a recent MGM Resorts Championship PGA Event in Las Vega and most recently signed a deal to bring their venue management solutions to the Canadian Hockey League, the world’s largest development hockey league  With 9 Million Fan Visits in 2019. 

In this interview we discuss not 1 but 3 great press releases: 

Sit back and watch this powerful interview with CEO Rob Anson.

VIDEO – Fobi AI & Draganfly Join Forces To Create Automated COVID Venue Management Solution That Uses Phone To Checks Guest Vitals & Entire Check-In Process

Posted by AGORACOM-JC at 4:06 PM on Thursday, September 23rd, 2021
Fobi AI Inc.

“I called BS when I first heard about Draganfly’s ability to use my phone’s camera to check all of my vital signs … but when I saw it I was blown away”  ($FOBI CEO Rob Anson)

“Fobi has built the best venue management systems for conferences & events in the world.  We’re honoured to be integrated with them”  $DPRO CEO Cameron Chell

If you’re a shareholder of one of these companies, here is what you need to know about each that makes this technology partnership so powerful:

DRAGANFLY is the creator of cutting-edge drone solutions, software and AI systems that revolutionize the way organizations can do business.  Recognized as being at the forefront of drone technology for over 22 years, Draganfly is an award-winning, industry-leader with TIER-1 clients serving industries such as law enforcement, public safety, agriculture, industrial inspections, mapping, and surveying markets.

They have created multiple successful applications that, for the purposes of this interview, includes their Vital Intelligence products that have been game-changers for universities, corrections facilities, sporting events and large scale conferences over the course of the past 18 months.  Why?  Their software can measure visitors’ vital signs like temperature, cough, and respiratory rate through the camera on your phone or on their drones. 

FOBI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement in the brick and mortar space.  From that core technology they have built a technology stack on top of it that is second to none.

They have created multiple successful applications that, for the purposes of this interview, includes their venue management platform that has been deployed at multiple NCAA tournaments, a recent MGM Resorts Championship PGA Event in Las Vega and most recently signed a deal to bring their venue management solutions to the Canadian Hockey League, the world’s largest development hockey league  With 9 Million Fan Visits in 2019

TOGETHER they combined forces in this press release “Fobi Announces Draganfly’s Vital Intelligence Smart Vital System Now Available in Fobi’s Venue Management System for Conferences & Events”.

How big is this combination and how confident are they in its success?

Very.

Watch this powerful interview with FOBI CEO, Rob Anson and Draganfly CEO Cameron Chell to find out exactly.

VIDEO – FOBI AI Channel Partnerships With Shopify and Lightspeed + Anticipated Pilot News Set The Table For Big 2021 Finish

Posted by AGORACOM-JC at 5:13 PM on Tuesday, September 7th, 2021
Fobi AI Inc.

FOBI AI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement for enterprise level retailers.

More than just lip service, these are just a sample of the major milestones reached by $FOBI as of the end of July:

  • Strategic Alliance with global data leader – NeilsonIQ – to “Transform Retail Sector”
  • A partnership with NTT DATA, a top-ranked global IoT services company, and subsidiary of Nippon Telegraph and Telephone, the world’s 4th largest telecom company, ranked 55th In Fortune Global 500. 
  • Approved for Oracle Partner Network
  • Pilot Projects with Sobeys, TELUS, Certas and other national level retailers
  • Multi-Year Direct Seller Agreement With TELUS, in which TELUS resells FOBI solutions to national business customers….
  • and so much more

But if this wasn’t enough $FOBI announced the following in the last 10 days while the rest of us were on vacation:

FOBI Completes Integration With Lightspeed To Provide Real-Time POS Data Aggregation And Analytics To Lightspeed Customer

  • Lightspeed has 140,000 “real world” point of sale customers that generated $30 BILLION in transactions last year

FOBI Completes Shopify Integration With The Launch Of The Fobi App And Now Live In The Shopify App Store Offering Real-Time Data Analytics Solution To Over 1.7 Million Global Retailers

  • Shopify has 1.7 Million e-commerce customers that generated $120 BILLION is gross merchandising volume last year

Investors who were excited by the announcements may have even further cause to celebrate following this interview with CEO Rob Anson.

VIDEO – FOBI AI Anticipated Major Deals, Revenues and Partnerships In 2021 Set The Table For Uplisting To Major Exchange By Q4

Posted by AGORACOM-JC at 4:10 PM on Friday, July 16th, 2021
Fobi AI Inc.

FOBI AI is a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement for enterprise level retailers. 

More than just lip service, these are just a sample of the major milestones reached by $FOBI over the past 9 months: 

  • Strategic Alliance with global data leader – NeilsonIQ – to “Transform Retail Sector”
  • A partnership with NTT DATA, a top-ranked global IoT services company, and subsidiary of Nippon Telegraph and Telephone, the world’s 4th largest telecom company, ranked 55th In Fortune Global 500. 
  •  Approved for Oracle Partner Network
  • Pilot Projects with Sobeys, TELUS, Certas and other national level retailers
  • Multi-Year Direct Seller Agreement With TELUS, in which TELUS resells FOBI solutions to national business customers
  • …. and so much more

Earlier today, $FOBI announced a Corporate Update Includes Completion Of Several Pilot Tests Now In Advanced Terms Negotiations, $10.42M in Funding And Uplist To Major Exchange.

Investors who were excited by the announcement may have even further cause to celebrate following this interview with CEO Rob Anson.